[AT] Something to do

[szabelski at wildblue.net]

It can be difficult to set a price on something that has been restored to a “ like new” condition. I’ve looked at tractors for sale on several mediums, and a lot of times the seller want’s an outrageous price, as much as $25,000 for certain ones. Not because the tractor is worth what they’re asking, but because they spent a lot of time on restoring it, and they expect to get paid for the all the hours they spent on the restoration.

The price should reflect how rare, operating condition, location, and appearance. Do you want to spend a lot of money on a tractor that looks like those in the pictures if you’re looking for a tractor that you plan to use heavily on a regular basis? If all you plan on doing is showing it off at meets and drive it in parades, then it may warrant a higher  price if it’s your dream tractor.


I would suggest that they do a search by tractor type on the internet, for tractors in their area. All they have to do is type in something like “ Farmall H, Michigan”. That should turn up listings for anything in the area. They can also search for something like “Tractor Auctions, Ohio”. They should get a lot of hits that way. They can also call local tractor dealers and ask for their opinion. They may get an offer from the dealer and they won’t have to pay the auctioneer’s fee for the sale. 

I also question why an auctioneer would be looking for prices. If they’ve been in the business for any length of time should have an idea of what the values should be. Maybe this one is from a big city and has never dealt with tractors?


Carl


----- Original Message -----
From: Spencer Yost <spencer at rdfarms.com>
To: at at lists.antique-tractor.com
Sent: Thu, 17 Sep 2020 17:16:57 -0400 (EDT)
Subject: [AT] Something to do


Here’s something to do while hunkering down from fires, floods and pandemics:   Help a family value some antique tractors.

I got this request from someone who I assume was a family member and is sort of serving as the liaison with the auctioneer.   Why they want a value if they are working with an auctioneer I am not sure. Maybe to have a reserve, or maybe to present a few tractors for sale to family members?

Either way I get these requests fairly often. I usually can answer them on my own because it typically involves very few tractors that are very common and in rough shape. But this collection looks to be nice so I would like some help since I am not an expert appraiser.

All seem to be good-to-very nice restorations with good rubber.   I include a list of the tractors and a few pics that I believe are representative of the quality of restorations.   I won’t deluge you with the dozens of pics he sent.

I have my idea as to the values.   Just curious what your ideas are?













Spencer Yost


Sent from my iPhone