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Up for auction. Whats it worth winning bid update

1

1939farmall

Member

cvphoto95529.jpg

I posted a couple of days ago that this M was coming up for sale today and asked what you thought the bid would be. The winning bid was $1200. And yes I bought it. Ill have it in my driveway tomorrow night. Honestly its more than I wanted to spend, but after reading your replys I decided to run some numbers. The rear tires are mismatched 15.5-38 that are basically new still have nubs on them. The fronts are 6.00-16 in very good shape. The 3 point will work fine. It has the slip clutch adapter on the PTO. I was able to check the motor before the bidding started and it is free. One brake it stuck. It looks pretty bad but I think itll run. So I pretty much bought a set of tires and got an old tractor with 3 point for free or close to it. I hope I havent been bitten by the same bug that got grandpa love. Instead of Cubs Ill have a row of Ms sitting here! Im sure Ill be post more about it once I get to working on it.
 
You say it looks bad but it looks pretty good for most non running tractors I have seen at auctions and compared to some I bought. Might not take much to get it running.
 
One thing i forgot to tell you when bidding at and auction, It only takes two people , the one doing the bidding and the auctioneer . and Auctioneers get paid on how much they get .
 
Congratulations! Being free (engine) makes it 2X valuable. I like them and I am sure you will. Were it mine I would put a medium duty truck hydraulic pump (belt driven) to create live hydraulics. The brakes are easily freed up, nd simple. Jim
 
That brings back some memories from about 1953. I can still remember the day they brought out the new one dad bought. I think he paid either 900 or 1800 for it. I walked up to it and the top of my head was about level with the frame rail. I thought what a massive tractor. Spent a lot of hours riding on it with my dad.
 
It is a very nice looking M, and it is exciting to find something that you recognize the value when others don't. Also exciting just to bring something like that back up and around; it'll be usable and working as long as there's still someone to recognize it's value, unlike many if not all of today's tractors...
 
At the end of the day, its all good. Hope you did mot get run up on the auction. I do not care what the auctioneers reputation is. They are very good at getting the price for the seller. And I will stop right there.CM
 
At the end of the day, its all good. Hope you did not get run up on the auction. I do not care what the auctioneers reputation is. They are very good at getting the price for the seller. And I will stop right there.CM
 
You did good on that one. Free engine and good tires. What else could go wrong. Lol. Tin work is nice good unit u have there.! Worth that all day long even if u were the only bidder. Ha ha.
 
Very good tractor. I'm suprised the auctioneer didn't split it up and sell the 3pt first then the tractor. They do that a lot around here.

I have thought for years I needed an M. Auctions here are now very few and far between and online only. I don't mess with online only auctions. Both my grandparents and my dad had a Farmall M. I'd like to have one but have no use for it what so ever. I already have two Case SC's I don't use and dads wd45d. I only use the Ford 9n and the 62 4000.
 
Not sure if its original paint. I have to look closer when I get it home. I did notice paint was flaking off the grill so I might not be.
 
Most dealerships offer a complementary paint job with every overhaul. So I doubt very much if it was the original paint CM
 
You hate to think the auctioneer ran the price up on you, but it does happen. I think I came out ok on this one. I think I could take the parts off that I want, get it running and sell for close to what I paid
 
its an early model M, not original paint thats for sure. has the monroe seat also. now i see whats wrong with it... it is missing the fenders. just joking i know most of the tractors down there dont have fenders.
 
You hate to think you got the short end of the stick at an auction but it happens. I think I did ok on this one. but Id always like to pay less!
 
HA! Your right. Youd be hard pressed to find one in this part of the county with fender. There in the way to get on and off and the dont keep the mud off you anyway. I have a set in my shop that I will probably never use. Ive hung onto them just in case. An old farmall WITH fender is an oddity here.
 
Not sure where you are but I have an M I'd would sell a good bit cheaper then what you paid. It has not run for a number of years but drove to where it is parked. I have to many tractors and not enough jobs for them
 
With over 25 years of being on the sale trail of buying and selling you learn when your being played and dragged thru the mud . I covered a lot of sales across three states . The acutioneers i worked with always treated me right ONCE they got to know me , BUT when i was just getting started NAh they kicked me around big time . Plus i had a good teacher . He kept me from making a fool out of myself . Vary first piece they let me buy was a plum wore out I H 370 Disc , I tried to buy it on my first outing , it needed a total rebuild BUT had a clean frame I chased it to 400 when my buddy asked me what i was doing with a bid of 400 bucks , he told me that 200 was almost to much and the auctioneer pulled a 450 bid off a bird that flew by and i backed off and walked away . This went on thru the whole sale and all i got bought that day was two hod dogs and a pepsi . Two weeks later back at the same sale the same disc was still setting in the same spot and i tried once again and this time i dropped at 250 and walked away , Two weeks later we hit it again this time dropping at 200 and walked away . Two weeks later i bought it for 175 . NOW they were letting me buy . As i started hitting sales it took a bit before you were taken into the fold . Couple dealer only sales were the tough ones being a new face and fresh meat . Once in the game was on If you over spent No big deal just write the check and tell them to hold it for what ever 10 days a month not a problem as long as you made it good . The one day i was settling up and was writing the biggest check i ever wrote and another jockey from Iowa was settling up and that guy wrote a check for 7.8 MIL . for one day of buying . He was getting ready for his big fall auction and was buying big combines like a drunken sailor on shore leave and nice clean big tractors of all colors , Plus he was having the sale lot start hauling them out along with his four semi's . That sale was huge twice a month two days both times . Found my pride and joy at that sale, a 54 Farmall S/MTA one owner . Gave 1650 bucks for it plum stole it only thing wrong with it was one headlite was burnt out and NO BRAKES , good T/A and every M&W update . I could have loaded it and trucked it east to Tri Green's sale and dropped it off and sold it for probably 29-3200 in less then a week . As Dick Green asked me to . That day i ended up buying a bunch of tractors and i did send four over to Dick's sale .
 
In 1953 you did not buy a M for that price it would have been over 2200 some if i remember the yr around 51 0r so a new M was 2265 FOB WELLMAN,IOWA
 
If fenders are in way to get on and off there is soming wrong with you. That fender just makes a good hand hold to pull yourself up with. Our 41 H had fenders on when got it in 49 and were never taken off by the time it was traded off on a bigger tractor in 84. And the Deeres we had if did not have fenders when gotten then we found fenders to put on first thing. And they could very well save your life. I knew a person that the fender DID save his life after he was bounced of the seet on top of the fender over the spinning tire. So get smart and put those fenders on.
 


The paint looks like an older repaint, so there is a good chance that it has an overhaul with low hours since.
 
That's a good looking tractor. We had two of them on the farm when I was a kid. I bought a Super M in 2008 just because I wanted one, have absolutely no use for it and wasn't in as good of shape as yours.
cvphoto95667.jpg
 
Who cares who ran the price up on you, if you think the price you paid for it is fair? Nobody is holding a gun to your head forcing you to bid.

If the engine is loose, it will run. Straight tin, good tires, and a 3pt hitch. $1200 is not too much to pay.

You can approach auctions one of two ways. First, you can put a price in your head and when the auction reaches that number, STOP BIDDING. Second, you can go with the attitude that you are going to get what you are after no matter what, but then you can't complain about what the item you bought brought.
 
(quoted from post at 13:49:35 07/26/21)

You can approach auctions one of two ways. First, you can put a price in your head and when the auction reaches that number, STOP BIDDING. Second, you can go with the attitude that you are going to get what you are after no matter what, but then you can't complain about what the item you bought brought.
Click to expand...

This pretty much says it all. It's been a while since I've bought anything at an auction, but when I do I use the first approach--set my price ahead of time and quit if it goes over that.


Looks like you got a pretty decent tractor. Good luck getting it running. Keep us posted.
 
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