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<p>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. <br>
Cecil<br>
</p>
<div class="moz-cite-prefix">On 12/22/2019 2:59 PM, <a class="moz-txt-link-abbreviated" href="mailto:deanvp@att.net">deanvp@att.net</a>
wrote:<br>
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<p class="MsoNormal"><span style="color:windowtext">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. <o:p></o:p></span></p>
<p class="MsoNormal"><span style="color:windowtext"><o:p> </o:p></span></p>
<div>
<p class="MsoNormal"><span style="color:windowtext">Dean VP<o:p></o:p></span></p>
<p class="MsoNormal"><span style="color:windowtext">Snohomish,
WA 98290<o:p></o:p></span></p>
</div>
<p class="MsoNormal"><span style="color:windowtext"><o:p> </o:p></span></p>
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<div style="border:none;border-top:solid #E1E1E1
1.0pt;padding:3.0pt 0in 0in 0in">
<p class="MsoNormal"><b><span style="color:windowtext">From:</span></b><span
style="color:windowtext"> AT
<a class="moz-txt-link-rfc2396E" href="mailto:at-bounces@lists.antique-tractor.com"><at-bounces@lists.antique-tractor.com></a> <b>On
Behalf Of </b>Mike M<br>
<b>Sent:</b> Saturday, December 21, 2019 9:38 AM<br>
<b>To:</b> <a class="moz-txt-link-abbreviated" href="mailto:at@lists.antique-tractor.com">at@lists.antique-tractor.com</a><br>
<b>Subject:</b> Re: [AT] Antique tractors that are too
expensive<o:p></o:p></span></p>
</div>
</div>
<p class="MsoNormal"><o:p> </o:p></p>
<p class="MsoNormal" style="margin-bottom:12.0pt">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.<br>
<br>
Mike M<br>
<br>
<o:p></o:p></p>
<div>
<p class="MsoNormal">On 12/22/2019 12:13 AM, Spencer Yost
wrote:<o:p></o:p></p>
</div>
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<div>
<p class="MsoNormal"> <o:p></o:p></p>
<div>
<p class="MsoNormal">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.<o:p></o:p></p>
</div>
<div>
<p class="MsoNormal"><o:p> </o:p></p>
</div>
<div>
<p class="MsoNormal">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”.<o:p></o:p></p>
</div>
<div>
<p class="MsoNormal"><br>
<br>
<o:p></o:p></p>
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<div>
<p class="MsoNormal">Long story short it explains why
people often seem to ask way more for a tractor that I’m
willing to pay.<o:p></o:p></p>
</div>
<div>
<p class="MsoNormal"><o:p> </o:p></p>
</div>
<div>
<p class="MsoNormal"><a
href="https://en.m.wikipedia.org/wiki/Endowment_effect"
moz-do-not-send="true">https://en.m.wikipedia.org/wiki/Endowment_effect</a><o:p></o:p></p>
</div>
<div>
<p class="MsoNormal"><o:p> </o:p></p>
</div>
<div>
<p class="MsoNormal"><a
href="https://scholar.google.com/scholar?hl=en&as_sdt=0%2C34&q=endowment+effect&oq=endowment+"
moz-do-not-send="true">https://scholar.google.com/scholar?hl=en&as_sdt=0%2C34&q=endowment+effect&oq=endowment+</a><o:p></o:p></p>
</div>
<div>
<p class="MsoNormal"><o:p> </o:p></p>
</div>
<div>
<p class="MsoNormal"><o:p> </o:p></p>
</div>
<div>
<p class="MsoNormal">Interestingly, this is true
regardless of how long they owned it or whether it had
any other type (e.g. nostalgia) of value. <o:p></o:p></p>
</div>
<div>
<p class="MsoNormal"><o:p> </o:p></p>
</div>
<div>
<p class="MsoNormal">Unfortunately, the podcast did not
describe how I, the buyer, could negotiate my way around
this.<o:p></o:p></p>
</div>
<div>
<p class="MsoNormal"><o:p> </o:p></p>
</div>
<div>
<p class="MsoNormal">PS: I will be that seller if I ever
sell the Pacer. (-;<o:p></o:p></p>
</div>
<div>
<p class="MsoNormal"><o:p> </o:p></p>
</div>
<div>
<p class="MsoNormal">Spencer<o:p></o:p></p>
</div>
<div>
<p class="MsoNormal"><o:p> </o:p></p>
<div>
<p class="MsoNormal">Sent from my iPhone<o:p></o:p></p>
</div>
</div>
</div>
<p class="MsoNormal"><br>
<br>
<o:p></o:p></p>
<pre>_______________________________________________<o:p></o:p></pre>
<pre>AT mailing list<o:p></o:p></pre>
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<p class="MsoNormal"><o:p> </o:p></p>
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