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Mecum Auction JD High Sellers

L

larryanderson

Well-known Member
Not able to attend but saw that a 4520 P.S.[one of 1662] brought $64050, a 720 HiCrop $49,875,and a 1970 4020 Hi crop[one of 282] brought $49,875 all had the 5% buyers fee included and if they had a reserve the 9% sellers fee would be deducted.The near perfect restorations still bring good money but anything less is discounted.There were a couple of nice 4320s that had huge 710 tires that should have been bought and changed to correct tires.The one Mecum auction I attended that a low houred original H brought $40K still is the most amazing. I believe it had a reserve of around $5K.I know of a UDLX that brought $140K and lost money for owner.It just proves the that the current low commodity aren't a driving force in the collector tractor market.Mecums do an excellent job of promoting and if you were on their mailing list the sale catalog was very impressing.
 
I agree there were a couple of tractors that could have been bought and resold. On the third day prices really dropped. I was at a consignment sale in IL and some rough 4020's sold for $7000-8000. Tom
 
I went to an estate auction a couple of weeks ago and watched a well used JD 4320 sell for $17,000 and was not very nice but also had a better JD 4640 sell for around $23,000.
 
Frank,if I knew the lot # it is posted on their website.I see a 1930 JD P brought $63K.They have tractors from less than $2K to the UDLX Minn that brought $134,500.To bring top dollar they have to be rare , perfectly restored or in some cases a low houred mint original. There are many tractors that would bring same at a local consignment sale.
 
I saw that the 205 corn head was not listed in the sales results. Must have got pulled out of the sale. Saw the 42 combine went for over $14,000.
 
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