[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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