Some people

I still see some people trying to cash in on the "rare and antique" parts and tractor business. They are sometimes on here asking what something is "worth".
The bottom line is that it was only "worth" what they paid for it. Had it been "worth" more, they would have had to pay more. If they got it for free, it is not worth anything.
I believe that this hobby turned business has created (or exposed) more liers than the new and used car business.
I still see people that have been around a long time trying to pass off Chinese knock offs as NOS and/or "American Made".
Is a dollar truly worth your reputation and soul?

For some people,it is.They are so blinded by dollar signs,They loose all sence of humanity. Greed

I guess by your definition of "worth", you might have something, but only you know that 'definition'....as for the rest of the world, [u:b913f5ae74]the dollar value is exactly what a willing buyer will pay and willing seller will take.[/u:b913f5ae74]

I agree with JMOR, somethings value is ONLY accurately determined by what some buyer is willing to pay and some seller willing to accept BY DEFINITION.....

I get a kick out of nay sayers who profess "Oh my that thing wasnt worth that" WRONG WEEDHOPPER maybe it wasnt worth that to you, but by definition it was to someone....

I was a used tractor and farm implement dealer for years and put yourself in those shoes and go to auctions over the midwest (Stilesville Indiana, Archbold Ohio, London Ohio, Sikeston Missouri etc etc) trying to buy and sell for a profit and a living YOU WILL LEARN WHAT SOMETHING IS "WORTH" OFTEN THE HARD WAY LOL

I always threw potential buyers off guard and got a reaction when they asked me what I would take for a tractor, to which I replied.... "I will only take $5,000 and not one cent more" and conversely when trying to buy something Id tell them " I will give you $5,000 and not one cent less"

Ol John T This advice is "worth" what you paid NOTHING

1-asking ain't getting but you can't get it if you don't ask
2-supply equals demand
3-price is determined by a dedicated seller and a dedicated buyer
4-price is what these 2 agree upon
5-there are regional variations
6-if you don't like what a person is asking for an item don't buy it

Well, sometimes it's greed, and sometimes it's not. For example, I have an old refirgerator I've listed on Craigslist. My new replacement was over $700...so I priced this one at just under $200. I bought the new one because the old one was getting more and more difficult to use, ad I got older...had to get on my hands and knees just to see stuff on the bottom shelf. The new one is a side-by-side, and with the two crisper drawers stacked at the bottom, the bottom shelf is higher, and a lot more accessible.

My old fridge got moved out to my garage, where it keeps my Powerades ice-cold and ready for my consumption at a moment's notice. [Besides, beer is bad for you when it's extremely hot out.] So am I trying to rip someone off by pricing my fridge where I have? No, because I've seen 'em priced higher on CL. And the truth is, if I don't sell it, I'll continue to use it to chill my Powerades and have them handy when I'm working.

Same thing goes for these old tractors, and the parts for them. Few of 'em were one-off production, and while the parts being sold may not be cheap, they end up selling for what people are willing to pay. If that's a high price, good for the seller! And if they're NOT selling for the asking price, the seller can do what I've done with my fridge: he can either keep his price high and keep the part or the unit, or he can drop the price until someone DOES bite.

Ever go fishing? Just because you're casting bait into the water, it doesn't necessarily mean that some fish is going to take it immediately...or at all. On old equipment, some folks think it's ALL gold. But unless it's worth the price I'M willing to pay, I'M not going to buy it. And if I'm the seller, if a buyer's not willing to pay the price I'm willing to sell for--as in the case of my fridge in the garage--I don't HAVE to sell it.

And I'm pretty much at peace with that.

Old tractor trader proverb: He who owns it last paid to much!

That's the kind of thing that drove me away from farm toy collecting.

Not germane to the discussion perhaps, but I'm reminded of one of my late (1901-1986) paternal grandfather's favorite sayings, "That's when 2 fools met." It usually involved an offer being made for something (like a team of mules) that was far in excess of what it was 'worth' and the owner refusing to accept the offer.

Not worth anything? It's worth at least scrap value plus my time to remove the part, list it, pack it and ship it plus the cost of packing and shipping. In general if a part is still available from a dealer new a used one is worth 1/2 new price. If the part is NLA then it can be much higher depending on availability.

No I don't sell parts. But if I had em to sell I would and think I should be reasonably compensated for it. If you don't think the same way that's OK.....but can I send you a list of what I need????


Rick

Refrigerators are different- they have a finite life, and once they go out, cannot be repaired and you have to pay to get rid of them. A tractor part lasts pretty much forever.

Don't know how old your refer is, but if over 5 years or so, $200 is too high. And not so much because of intrinsic value, but because the going rate for old, working refers is 100 bucks or less, and I've seen them with "free" signs on them, wheeled out by the curb.

So if you don't mind keeping it, by all means ask your price. It all depends on the motivation of the seller- and where refrigerators are concerned, many just want to get it out of there before they have to pay to take it to the dump.

There are no set standard prices on antique tractors and equipment.I go to a lot of auctions
and the price on virtually the same item a few miles apart can vary widely and who's to say which is the 'real' price?Things with a relatively small market and small supply will vary most of the time.Price is what the buyer thats willing to put out the most $$$ at a given time.

It really makes me laugh when someone calls it "Rare" or "only x number of them made"

I was on gunbroker last week and a guy that was selling a Winchester .30-30 rifle put, "Rare" and all the other stuff he was selling he also put "Rare" next to it. He needs a kick in the skull to knock some sense into him, to explain what rare means. I only consider a rare firearm is if your granddad took a Luger from a German soldier in WW2 or your Winchester was signed by Teddy Roosevelt or something back in the day.

Everyone in the world is a crook,except you and me,and i'm not so sure about you.

(quoted from post at 10:15:26 07/23/11) It really makes me laugh when someone calls it "Rare" or "only x number of them made"

I was on gunbroker last week and a guy that was selling a Winchester .30-30 rifle put, "Rare" and all the other stuff he was selling he also put "Rare" next to it. He needs a kick in the skull to knock some sense into him, to explain what rare means. I only consider a rare firearm is if your granddad took a Luger from a German soldier in WW2 or your Winchester was signed by Teddy Roosevelt or something back in the day.

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LOL thats true! I've got a good freind who keeps going to auctions thinking he is going to get a good deal on a gun. I keep telling him that I have never seen a gun in our area on auction go for anything like the actual value. He keeps telling me that because of the rural area we live in and because most people own guns that they wouldn't pay too much. I have time and again tried to explain to him that most of the locals know how to shoot but most of them have no idea of care and cleaning, value or balistics. He is starting to come around. We just saw a Springfield O3A3, sporterized (poor job), stock looked real bad, needed cleaning and a cheap scope sell for $495 at auction.

Rick

Here is something I noticed on buying things. If I payed $500.00 for let's say a great condition SMTA, I will meet someone shortly who could of bought it for $300.00. Never fails.

But, but, but, it is rare, it"s the ONLY one I have!

glass of water worth--.0002 cents. glass of water in the desert after three days of being lost = priceless....