found a diamond in the rough

This weekend I found a little diamond in the rough, a complete, and I mean complete, original Oliver 60 row crop with cultivator. Has been sitting for 25 to 30 years, still has original tires, has been covered but engine is stuck. I'm not worried about the stuck engine and plan to deal with the guy tonight, rear rimms are rotted from calcium but it is in great shape otherwise. Whats a fair offer? I dont want to waste my money but dont want to stick it to the guy either.
 
And don't worry about what anyone else thinks. If it's worth it to you and you have the funds, that's all that matters.

Hard to put a price tag on years and years of enjoyment and pride in something you love.
 
Ask him what he wants and if he's too high make an offer. If you don't think its worth what he's asking walk away. I gave $100.00 for a Farmall A with the 16-inch moldboard plow. Engine was stuck, but was easy to drive out the pistons and the sleeves came out on 2 of them. Hal
 
You may not be worried about the stuck engine but I would be. Even if it was running when it was parked just a seeping head gasket would have that thing locked up tight. Coupled with rotted out rear rims and tires and I really have to question what kind of diamonds you've been looking at.

The 2X scrap price would be very generous considering it 2X more than he'd probably get anywhere else.
 
For what restored 60 & 70's go for, I'd walk away from it even if he gave it to you. Figure out what you'll have to stick into it in terms of parts and you will see it isn't even worth your time to drag it out of the barn.
 
Gotta be worth $300. If you don't want it for that and he'd take $300, please let me know. Email is open.
 
I dont want it as an investment, just like them and the way they look. I would like it just to add to my collection. And yes I do know what it takes to fix these old girls up I've got 3 JD's 5 Cockshutts 2 Allis Chalmers etc.
 
Best way to quear a buy is to cut the sellers throat and the sellers knows better. Find out what the owners may want and use this a starting point. Another deal breaker is to start in on every little thing possible that needs attention. Set and talk for a long while and work into the price and then some condition problems if way off the chart. Slow is better than trying to step on a hundred rats at once in a corn crib. Would be interesting to know the end results?
 

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