[AT] '31 JD D, how do I value it?

[Steve Barr]

This '29 D sold for $6200 on October 30 in Northern Illinois.

http://www.oldengine.org/members/sbarr/images/Auctions/2004CBestate/07.JPG

Now I don't know what 2 years will do, but I thought that this tractor was
more than twice what it should have been.  I thought $1.5-2k at this
sale...

Steve
--- Henry Miller <hank at millerfarm.com> wrote:

 Greetings,   
 
I was driving around the neighborhood when I spyed a unstyled John Deere
for sale.   Further investigation found a 1931 model D, with a fresh coat
of paint.   (doesn't look like too bad a paint job, but of course who
knows
what it is covering.  No decals).  Tires look pretty good.   For a work
tractor it is in nice shape, but it isn't parade ready for those who like
the better than new look..
 
Called the number.  $2900.   Runs good, the old man just can't turn it
past compression anymore.   (I haven't seen it running)
 
Seems to me that this is almost twice the value though.  Am I wrong? 
How should I value it?  
 
I have no use for this machine, but I'd like to have it.  This would be
a first machine for me, if I decide it is worth it.