Hoofer B

Well-known Member
I attended an auction with 50 Cases on Saturday. I ended up with 7 but should have bought 20. A nicely painted DC 3 with great rubber and wheel weights went for 750. After seeing 1206's auction post below, It is pretty clear that prices are much lower than in the past. What have you all been seeing? What do you attribute this to? Thanks for the input. Bill
 
Lots of people grew up around a Farmall H or M. The same with a N series Ford. That helps maintain the value for those products. Case never had the following back in the day like the previously mentioned lines. I attended a consignment auction last Saturday and a good looking NH 570 baler went for around 4,000 dollars and a pretty good JD 716 forage box on a tandem axle gear went for 3,800 dollars. Some here might say obsolete today but very recently equipment like that was bringing a whole lot more. Have farmers as a whole spent out for the time being in terms of budget? Did not even see the one jockey I know there but would not surprise me that he sent someone and those two pieces are heading to his yard.
 
Hard to tell if what you saw is a sign of what's coming or just a bad day/location for an auction.

Sooner or later the bottom is going to fall out of the market for these old tractors for good. The old guys who buy all that stuff are getting fewer and farther between, and the younger generations' interests are in newer tractors.
 
Rough Farmall H's have been consistently bringing in the low teens as of late. Perhaps a couple hundred more on average per tractor than they did in the years prior. I've been wanting a few 1950's vintage tractors to play with but the prices have been very healthy especially in the last few years. For some models I would imagine the supply is far greater than the demand.
 
From what I have seen of 1206's posts his area runs lower prices than most other places. I would love to buy a running straight JD 630 with JD loader for 3,200 dollars. That will not happen around me.
 
The H at Saturday's auction brought <$1500 as I recall. Neither of the 8Ns brought over $1000. I'll admit I didn't write the prices down but I remember thinking "Hmm, I thought it would bring more" each time old Panama Jim Pirrung or his flunkie would strike one off.

I left right after the tractors sold. Nothing from there back really interested me. Well, nothing really interested me but I bought a couple small things up front that I thought I could use.
 
The H brought 1,400 dollars and the one 8N was a no sale. A couple of small items had my interest but were things I did not need
that day.
 
Older tractors with hydraulics, 3pt are bringing good money,prices are up. The old log pullers aren't doing so good.Saw a nice Oliver 550 bring $3800 Saturday.Last week D15 Allis bought $2000 plus 10% seem like pretty good prices to me. In the Fall prices aren't usually as strong as in the Spring.Also gassers sell for less than diesel most times.I once bought a DC Case back in the 80's for $40 and drove it on the trailer.
 
Didn't seem to be the case at the big auction here last week....run of the mill 8Ns, MH , Oliver Farmall tractors all brought reasonable prices....1500 to 4000....but anything even somewhat out of the ordinary went for crazy money...22000 for an MF 165?....that's crazy money...

Ben
 
A tractor without live PTO and Hydraulics is about as useless as hog on ice. Just no need to buy one to use those things on when there are so many with it available to use or buy with it. Yes I've run tractors without live power anything. Doing PTO work and hydraulic work so I know the difference and the luxury of them. Besides a tractor under about 150 HP is getting to be a putter tractor for augers and small wagons mower work and such. IF you still put up a bit of hay they work for that. There is only so much room at the show/parade for pretty tractors and trailer queens. Yet with the cost of inflation they are driven up due to the cost of money.
 
Tractors from the early 50's and before, aren't bringing what they use to, from what I can see. Unless they are a rare low production collector piece or something. Just run of the mill tractors from that era, have really fell off.

No live PTO and hydraulics hurts them, as suggested. But, ... thier age is also hurting them too!!! People collecting stuff that they remember as a kid, those types of people have moved up into stuff from the 60's and what not. That usually reflects what the 65 year olds remember when they was growing up. Not the 95 year olds. 95 year olds aren't at auctions buying run of the mill stuff from when they was a kid. Most of them took a number and are in cemeteries, and not holding a buyers number.

It's kind of sad, but it's just the way the test of time works.
 
Just saw a listing for a tractor I sold a couple years ago. Asking $50 less than I got for it. No I dont want it back.
 
(quoted from post at 10:24:47 08/29/22) Tractors from the early 50's and before, aren't bringing what they use to, from what I can see. Unless they are a rare low production collector piece or something. Just run of the mill tractors from that era, have really fell off.

No live PTO and hydraulics hurts them, as suggested. But, ... thier age is also hurting them too!!! People collecting stuff that they remember as a kid, those types of people have moved up into stuff from the 60's and what not. That usually reflects what the 65 year olds remember when they was growing up. Not the 95 year olds. 95 year olds aren't at auctions buying run of the mill stuff from when they was a kid. Most of them took a number and are in cemeteries, and not holding a buyers number.

It's kind of sad, but it's just the way the test of time works.

Don't forget that with time farms have gotten much larger and fewer in number, so the pool from which to pull those collectors has shrunk. If you don't have a farming background you're unlikely to be interested in, and/or have the means to, collect tractors.

It's most likely that we've seen the best days of the tractor collecting hobby already. Not unless we go back to the days of 50-cow dairies.
 
I'm seeing prices stay strong around here.
One thing many people aren't realizing... While interest in these old tractors is dying off in the US interest, interest is growing outside of the US. Developing countries are buying these like crazy and shipping to South America and overseas (even Russia). They want these, old, small, cheap mechanical tractors, while US farms are going crazy buying big ones full of electronics.

Talk to a couple of the big auctioneer companies across the US if you don't believe me.
 
$1400 for the H is one thing but $1500 for that McD 10-20 is another !
Man bought it because his grandfather had one but somebody bid against him.
Did anyone see what Vicon spreader sold for ?
 
Bruce that is the case here, just flat more of those old (pre60s) tractors than their are folks bidding. I have been saying it for some time now not what it is worth just where in the heck do you sell it at any price. Nobody wants a old tractor tpo work with and collectors are all selling.
 
Charities are also buying small easy to ship tractors (Ford 8Ns, Massey TOs) and sending them to Africa. On a continent where most farming is done with a hoe, one of those little tractors changes an entire
village's way of living.
 
(quoted from post at 06:08:42 08/30/22) Charities are also buying small easy to ship tractors (Ford 8Ns, Massey TOs) and sending them to Africa. On a continent where most farming is done with a hoe, one of those little tractors changes an entire village's way of living.

Yeah, it puts all the farm workers out of a job. Just like those well-meaning shoe companies that send a pair of shoes to Africa for every pair of shoes you buy. They put the local shoe manufacturers out of business, and puts everyone that worked for them out of a job. Everyone gets free shoes, why buy them from the local manufacturer?
 

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