Author	[Modern View]
bjkoski 08-08-2012 08:57:39 173.146.153.61 Report to Moderator	All, Made a call to the parts department of Yesterday's Tractor, and they redirected me to the forum for help. Sounds like you regulars are held in especially high regard! Anyway, I own a 1948 Ford 8N. 3 point hitch, loader, no PTO. Handed down from my father's uncle, to my father, to me. A number of the implements for this tractor were recently stolen from our family farm. They've caught the guys who did it, thankfully. One thing I've been asked by our prosecutor is if I can provide a "fair market valuation" (not replacement value!) of the implements which have walked off. They are as follows: (a) Tooth cultivator, 6 foot (steel) (b) Weed Hog Drag Harrow, 6 foot (steel) (c) Ford double bottom plow (steel) (d) Sears double bottom plow (steel) (e) Snow bucket for tractor end loader (steel) I'm admittedly tractor dumb, and have minimal records / no photos available. It is my understanding all were vintage, and purchased around the same time as the tractor. That's about the best I can give out regarding information. Is there anyone on forum who can help me out with this one? I'm fine with posters taking a crack at valuation, although recommendations of vendors (if they even exist!) who could give me a more formal estimate may be helpful as well. Thanks in advance, Brad [Reply]   [No Email]
Hobo,NC 08-08-2012 17:53:26 166.102.93.243 Report to Moderator	Re: fair market valuation for stolen tractor implements in reply to JMOR, 08-08-2012 08:57:39   I would price it like I wanted to let them figger out if its fair 8) You probably not going to see a dime anyways... Worsts case take a judgment out again their drivers license BTDT only problem was the guy was content to ride his moped the rest of his life... [Reply]  [No Email]
Colin King 08-08-2012 17:44:47 67.233.229.23 Report to Moderator	Re: fair market valuation for stolen tractor implements in reply to bjkoski, 08-08-2012 08:57:39   Brad, I'm really sorry to hear about your trouble and I'm glad that the perps have been caught. The market for this old equipment varies widely depending on your region. Oldtanker and I live in an area with high demand, so the prices we see for both equipment and tractors are higher than much of the rest of the country. Old's advice to find a local implement dealer and have him write up an estimate for you seems like excellent advice. If you can provide him with photos, the dealer can give you better estimates of value. Or you can tell him that all equipment of was average working condition. Good luck, and again I'm sorry that you had to suffer through this. Colin, MN [Reply]  [No Email]
Ultradog MN 08-08-2012 15:45:27 65.103.0.97 Report to Moderator	Re: fair market valuation for stolen tractor implements in reply to bjkoski, 08-08-2012 08:57:39   If you averaged them out figure $300 apiece. So about $1500 for the whole bunch. [Reply]  [No Email]
bjkoski 08-08-2012 10:59:18 173.146.153.61 Report to Moderator	Re: fair market valuation for stolen tractor implements in reply to bjkoski, 08-08-2012 08:57:39   Thanks for the prompt responses and recommendations so far, Dean, Rick, Bruce, and old! I'm also trying my luck at calling some local vendors to see if they are able to assist as well, plus checking Craigslist. For reference: All parts were in use as recently as two years ago. My father had a sizable hobby farm, which he worked up until he passed last spring. It sounds like the prosecutor is requesting valuation mostly for the sake of restitution, as rather substantial charges have already been levied against the perps. [Reply]  [No Email]
Bruce (VA) 08-08-2012 10:48:35 24.125.80.178 Report to Moderator	Re: fair market valuation for stolen tractor implements in reply to bjkoski, 08-08-2012 08:57:39   My guess is that the prosecutor is trying to establish if the theft was a felony or misdemeanor based upon the value of equipment. That dollar value threshold will be set by state law; in VA it's $500. And "fair market valuation" will also be set by case law or other court rulings. And it will depend too on the legal acumen of the perps lawyer. Bottom line: check your local Craig's list, take every thing you get here, and also get new prices for all of it, then reduce that those by 50%. Give all of those prices to the prosecutor. It all depends on what the prosecutor feels comfortable using & what the defense attorney (if any) will accept. All that being said, unless you have a really hard@ss prosecutor & judge, a fine & probation. Maybe restitution. [Reply]  [No Email]
Dean 08-08-2012 10:10:18 67.172.15.77 Report to Moderator	Re: fair market valuation for stolen tractor implements in reply to bjkoski, 08-08-2012 08:57:39   Valuation will depend mostly upon condition. If the implements have been sitting in the dirt for years they are probably not useable and worth scrap price. If in good, useable condition: 1. Ford plow: $250 - $450 depending upon condition and completeness; 2. Sears plow: Probably $200 - $250; 3. Cultivator: Probably $150 - $250; 4. Harrow: Insufficient information but likely around $150 - $200; 5. Loader bucket: Probably $125 - $150. About the best I can do with the available information. Dean [Reply]  [No Email]
old 08-08-2012 09:12:47 209.86.226.27 Report to Moderator	Re: fair market valuation for stolen tractor implements in reply to bjkoski, 08-08-2012 08:57:39   Check with your local tractor dealers and ask them to give you prices on what they would sell such things at and if they will have them sign it so you have it on paper and from a dealer in the area to boot. [Reply]  [No Email]
oldtanker 08-08-2012 09:06:26 66.228.255.239 Report to Moderator	Re: fair market valuation for stolen tractor implements in reply to bjkoski, 08-08-2012 08:57:39   1. Area will make a difference in prices. 2. The cultivator in my area is about $350 (not the Brush Hog one) 3. 2 Bottom plow about the same witout coulters and about $450 with coulters. In case you don't know coulters are the round disk that are designed to cut the soil before the plow turns it over. 4. Loader, depending on model and condition $250-$450. The other items I can't help you with. I would suggest you check for as many items as possible in your local Craigs list. Another solution is check to see if there are any local used equipment dealers. They may be able to help you out. Rick [Reply]  [No Email]