Mecum No Reserve Waterloo Boy

Traditional Farmer

Well-known Member
Location
Virginia
Well it turns out the Waterloo Boy Model R was truly a no reserve to sell and it sold for $75,000 turns out it belonged to the widow of the owner,she had tried to sell
it private no with no luck took it to the auction.
 
The model N sold for more, just over $92,000. The UDLX MM sold for $135,000. Interesting prices on the whole auction, you can register with Mecum auctions on that auction site with your email address and then view the prices. Not a big thing, they just send you email about upcoming auctions and such, not a barrage of emails. I watch the Mecum car/truck auctions for no other reason than I find them interesting once the auction is over. Mecum always has reserved items, sometimes a lot do not meet the reserve and they state them as "The Bid Goes On" .... but the price it reached in the bidding is listed which is good. I guess on that day in that place with those buyers, that's the price it got even though it went unsold. Here's a link starting with the Friday items and prices (if you register) ....
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(quoted from post at 08:09:03 04/07/18) The model N sold for more, just over $92,000. The UDLX MM sold for $135,000. Interesting prices on the whole auction, you can register with Mecum auctions on that auction site with your email address and then view the prices. Not a big thing, they just send you email about upcoming auctions and such, not a barrage of emails. I watch the Mecum car/truck auctions for no other reason than I find them interesting once the auction is over. Mecum always has reserved items, sometimes a lot do not meet the reserve and they state them as [b:93007261d5][color=green:93007261d5]"The Bid Goes On"[/color:93007261d5][/b:93007261d5] .... but the price it reached in the bidding is listed which is good. I guess on that day in that place with those buyers, that's the price it got even though it went unsold. Here's a link starting with the Friday items and prices (if you register) ....
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Thanks for the info Crazy Horse. I had wondered about that.
 
It would seem to me if you restore a tractor you would want to take it to there auction to sell when they get close to you.
 
The 1916 WB R brought - $78,750. The 1922 WB N brought - $94,400. The 1938 UDLX brought - $135,450. One a year ago brought $140,000. I was talking to an older gent from MN that said he had 3 of them. Then add the 5% buyers premium.
 
I was at the auction both days and I had three tractors sold without a reserve. I have had tractors on their auctions since they started in 2010 and have nothing but good to say about them. Dan and his staff are some of the most honest, sincere people I have dealt with.

As with any auction, you do not always get what you hoped for. The market that day determines what you get. I had two tractors bring more and one less than I had hoped for but it averaged out a little over my estimate. The same is true if you take a number of auctions over a period of years. Some are up, some down but they tend to average out.

The Mecum Auctions are very professionally run and it is a very good place to buy and sell. I also bought four tractors there today.
 

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