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<p>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!!<br>
Cecil<br>
</p>
<div class="moz-cite-prefix">On 12/23/2019 6:30 AM, Stephen Offiler
wrote:<br>
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cite="mid:CAP6upcj11NRAipTdptB1n83JyPK6=j_pebWxTZd=1NKdQ3XQUw@mail.gmail.com">
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<div dir="ltr">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.
<div><br>
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<div>SO</div>
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<br>
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<div dir="ltr" class="gmail_attr">On Sun, Dec 22, 2019 at 6:22
PM Cecil Bearden <<a href="mailto:crbearden@copper.net"
moz-do-not-send="true">crbearden@copper.net</a>> wrote:<br>
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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>On 12/22/2019 2:59 PM, <a href="mailto:deanvp@att.net"
target="_blank" moz-do-not-send="true">deanvp@att.net</a>
wrote:<br>
</div>
<blockquote type="cite">
<div>
<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. </span></p>
<p class="MsoNormal"><span style="color:windowtext"> </span></p>
<div>
<p class="MsoNormal"><span style="color:windowtext">Dean
VP</span></p>
<p class="MsoNormal"><span style="color:windowtext">Snohomish,
WA 98290</span></p>
</div>
<p class="MsoNormal"><span style="color:windowtext"> </span></p>
<div>
<div
style="border-right:none;border-bottom:none;border-left:none;border-top:1pt
solid rgb(225,225,225);padding:3pt 0in 0in">
<p class="MsoNormal"><b><span
style="color:windowtext">From:</span></b><span
style="color:windowtext"> AT <a
href="mailto:at-bounces@lists.antique-tractor.com"
target="_blank" moz-do-not-send="true"><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
href="mailto:at@lists.antique-tractor.com"
target="_blank" moz-do-not-send="true">at@lists.antique-tractor.com</a><br>
<b>Subject:</b> Re: [AT] Antique tractors that
are too expensive</span></p>
</div>
</div>
<p class="MsoNormal"> </p>
<p class="MsoNormal" style="margin-bottom:12pt">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>
</p>
<div>
<p class="MsoNormal">On 12/22/2019 12:13 AM, Spencer
Yost wrote:</p>
</div>
<blockquote style="margin-top:5pt;margin-bottom:5pt">
<div>
<p class="MsoNormal"> </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.</p>
</div>
<div>
<p class="MsoNormal"> </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”.</p>
</div>
<div>
<p class="MsoNormal"><br>
<br>
</p>
</div>
<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.</p>
</div>
<div>
<p class="MsoNormal"> </p>
</div>
<div>
<p class="MsoNormal"><a
href="https://en.m.wikipedia.org/wiki/Endowment_effect"
target="_blank" moz-do-not-send="true">https://en.m.wikipedia.org/wiki/Endowment_effect</a></p>
</div>
<div>
<p class="MsoNormal"> </p>
</div>
<div>
<p class="MsoNormal"><a
href="https://scholar.google.com/scholar?hl=en&as_sdt=0%2C34&q=endowment+effect&oq=endowment+"
target="_blank" moz-do-not-send="true">https://scholar.google.com/scholar?hl=en&as_sdt=0%2C34&q=endowment+effect&oq=endowment+</a></p>
</div>
<div>
<p class="MsoNormal"> </p>
</div>
<div>
<p class="MsoNormal"> </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. </p>
</div>
<div>
<p class="MsoNormal"> </p>
</div>
<div>
<p class="MsoNormal">Unfortunately, the podcast
did not describe how I, the buyer, could
negotiate my way around this.</p>
</div>
<div>
<p class="MsoNormal"> </p>
</div>
<div>
<p class="MsoNormal">PS: I will be that seller
if I ever sell the Pacer. (-;</p>
</div>
<div>
<p class="MsoNormal"> </p>
</div>
<div>
<p class="MsoNormal">Spencer</p>
</div>
<div>
<p class="MsoNormal"> </p>
<div>
<p class="MsoNormal">Sent from my iPhone</p>
</div>
</div>
</div>
<p class="MsoNormal"><br>
<br>
</p>
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