[AT] Antique tractors that are too expensive
Cecil Bearden
crbearden at copper.net
Mon Dec 23 05:13:31 PST 2019
At a Farm sale about 3 months ago, an old 225 AC/DC Lincoln went for
$1200, the leads were about to fall apart. It looked like it had a rod
holder from 1945!!
Cecil
On 12/23/2019 6:30 AM, Stephen Offiler wrote:
> Hold on, you say old LIncoln tombstones go for a grand? How old do
> they have to be? I've got a 225 AC/DC that I picked up at an auction
> for $50, had to be 20 years ago, and it was certainly not new then.
> As a wild guess I'd say it must be late '70's to early 80's.
> Externally it doesn't seem much different from modern ones and I
> greatly doubt mine is old enough to be worth anything. Curious though.
>
> SO
>
>
> On Sun, Dec 22, 2019 at 6:22 PM Cecil Bearden <crbearden at copper.net
> <mailto:crbearden at copper.net>> wrote:
>
> I always wanted an old Lincoln "tombstone"225 AC/DC welder. They
> sell at auction for over $1000. An old local farmer had an
> estate auction and I was at the back of the crowd when his Lincoln
> Tombstone welder came up for auction. I got it for $400, but
> after I got it home is was a tombstone, but it was AC only..... I
> finally got the chance to buy one on Craigs list for $600. Then a
> year later I bought 4 that had been rebuilt for a VO-Tech out west
> for $450 for the lot!!! I first welded with one of them during
> college at OSU. I fell in love with the welder. Those welders
> have an open arc voltage of about 90V. They will make you jump
> when welding on wet stuff... However, they run 7018 LH as pretty
> as you could ever want. I have mounted one on a 15KW generator
> for a portable welder. It works great and I have plenty of power
> to run grinders etc.
> Cecil
>
> On 12/22/2019 2:59 PM, deanvp at att.net <mailto:deanvp at att.net> wrote:
>>
>> I purchased my used Lincoln 225 AMP arc welder for $100 at a swap
>> meet. It is quite old. I haven’t taken the time to try to figure
>> out how old but I wanted to buy an older one after looking at new
>> ones. I looked at the guts of a new one vs how the old ones were
>> built and decided an old one would last longer and probably weld
>> better. I’ve had it 10 years and it is ready to go every time I
>> need it. IMHO, sometimes new isn’t always better.
>>
>> Dean VP
>>
>> Snohomish, WA 98290
>>
>> *From:*AT <at-bounces at lists.antique-tractor.com>
>> <mailto:at-bounces at lists.antique-tractor.com> *On Behalf Of *Mike M
>> *Sent:* Saturday, December 21, 2019 9:38 AM
>> *To:* at at lists.antique-tractor.com
>> <mailto:at at lists.antique-tractor.com>
>> *Subject:* Re: [AT] Antique tractors that are too expensive
>>
>> I've also seen people bid way too high, they get caught up in the
>> excitement. I was standing next to a guy who was bidding on an
>> old tombstone welder. I wanted it too. I think he ended up paying
>> $300 for it. You could buy a new one for less than that. It's
>> pays to know what things cost before bidding on them. I was
>> bidding, but dropped out at $150, because that is all I was
>> willing to pay.
>>
>> Mike M
>>
>> On 12/22/2019 12:13 AM, Spencer Yost wrote:
>>
>>
>>
>> We have all seen it: the tractor the seller is asking way
>> too much for. Or conversely; why buyers don’t show up for our
>> obviously wonderful tractor that we post in
>> EBay/Craigslist/whatever.
>>
>> So listening to podcasts tonight, I ran across a podcast that
>> was discussing many things, including a discussion with a
>> psychologist from Berkeley who was explaining the “endowment
>> effect”. I was unaware of this. Though I had intuited it many
>> times I did not know it was a “thing”.
>>
>>
>>
>> Long story short it explains why people often seem to ask way
>> more for a tractor that I’m willing to pay.
>>
>> https://en.m.wikipedia.org/wiki/Endowment_effect
>>
>> https://scholar.google.com/scholar?hl=en&as_sdt=0%2C34&q=endowment+effect&oq=endowment+
>>
>> Interestingly, this is true regardless of how long they owned
>> it or whether it had any other type (e.g. nostalgia) of value.
>>
>> Unfortunately, the podcast did not describe how I, the buyer,
>> could negotiate my way around this.
>>
>> PS: I will be that seller if I ever sell the Pacer. (-;
>>
>> Spencer
>>
>> Sent from my iPhone
>>
>>
>>
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