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Just had to share

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Ferguson65

02-26-2004 19:05:09




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What I heard from a buddy today almost seems unreal. He works for a site contractor, and works with someone who is also very interested in antique farm equipment. Anyway this guy he works with just happened to be driving by a place and saw a someone outside whacking antique engines with a sledge hammer. Seems scrap is up in the area and the man just wanted them broken up to move them easier. Well he walked away with 6 stationary engines for $50 each. Also found out he has a IH TD-6 that he was going to scrap, that ran 2 years ago at the least- he wants $500 bucks for it! My buddy really likes the old crawlers, and I told him for the money you really cant go wrong. If he doesnt want it i'll post back because im sure someone does. Im only 19 and I hate to see these antiques sitting out rusting to nothing, but it seems like every piece I ask about is worth an arm and leg to the owner(none that i have asked about were running, pretty poor shape). Any tricks or suggestions that I might try before i ask about any more equipment?

Ferguson65

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Bill Smith

02-27-2004 10:31:21




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 Re: Just had to share in reply to Ferguson65, 02-26-2004 19:05:09  
You know, I have found that it is better to just lay off sometimes. I know where alot of old tractors are sitting. You ask about them, and they say "No, they aren't for sale. I use to do this and that with them and might fix them up sometime." Or something to that effect. Most generally, you might as well turn your back and walk off. Wait untill they die, and buy it at their estate auction. Never dealt with a scrap yard on anything. Most salvage yards will ussually sale you something they got for what they can part it out for. Salvage yards know what stuff is worth. Scrap yards don't have a clue what stuff is worth other than its melt down value. That's what they do. Melt down iron. They don't get the gist of something being worth a little more than scrap that shouldn't be melted down. Don't know what to tell ya on that. I guess, get it retrieved before it gets to the scrap yard. On the other hand, some people are the oposite. I have a friend that bought a C Farmall that didn't run. The owner didn't even know what kind of tractor it was. He offered in the neighborhood of $500. They said they would take it, if he hauled off all the old iron over in the fence row. In the fence row, was a full line of equipment for the C Farmall. It's people like this that don't know Jack Squat that are the reason for good stuff ending up in the scrap yards to start with. If my freind would of been an iron buyer instead of a tractor buyer, all that stuff would of went to scrap. I got several peices of horse drawn equipment. Numerous people have wanted to buy them. All they wanted was to take the iron wheels off and use them for yard art, and leave the rest of it in a pile at my place.

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DENNIS in NC

02-27-2004 06:00:08




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 Re: Just had to share in reply to Ferguson65, 02-26-2004 19:05:09  
always tell them you will take it away for free before you ask how much. some people just won't it momed out of the yard



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Wayne

02-26-2004 21:08:24




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 Re: Just had to share in reply to Ferguson65, 02-26-2004 19:05:09  
Man I know what you mean about seeing the old stuff going to scrap. I'm 36 and work on heavy equipment for a living. Doing this kind of work I see old stuff setting around everywhere. I've posted on here and several other places in the past when I'd find something just to see if their was any interest before I approched the owner about the stuff. I always got several emails about just about every piece I would see but never have had any luck getting the stuff. I found some equipment that has been setting for at least 30 years, and is now walled in with trees, that belonges to a company who's office is now several hours from here. Their response when I called was, "We know it's there and one of these days I guess we're gonna have to do something with it..... ..SOMETIME..... .". Sad thing is that's after you tell them that your willing to pay a fair price for the stuff and arrange everything to get it moved, etc and all they need to do is come up with a price. The last go around the stuff was actually setting in a scrap yard and had been there for years and years. The owner of the yard was cleaning up and wanting to get rid of the stuff so I told him I'd check the interest and to work me up some prices on the stuff. Like you said he wanted an arm and a leg for everything, even after I told him nobody was gonna go for his prices. An old subsoiler he might get $5 for as scrap, if he's lucky, he was wanting like $1000 for after, I found out later, he had just told the yard guy he could have it. For a beat up, rusted up old Oliver crawler not running, with no sheet metal he wanted $850. I think he was prone to the same thing alot of these people are when it comes to old equipment. They can't understand that it's just an old piece of equipment and not some priceless antique. True it's old and they don't make it anymore, but for most people messing with them it is a hobby they spend a little bit on here and there and that's all. They can't afford to pay new ("antique value") price for a machine that isn't running and still have to put several thousand in it to make it more than a pretty yard ornament. What really makes me sick is somebody like the scrap guy who would rather get nothing or $5 dollars out of something that should have fetched maybe $200 all because nobody wanted to pay $1000. How to approach people,now that's a good question. I would say go about it just like you would about anything else your looking to buy. That works 90% of the time. The other 10% you just have to play it by ear and remember no matter what they price it at or what it's really worth, You can't put the value on the other mans stuff. Sometimes it's best to drop hints and not show much interest at first. This can be really hard to do sometimes, but interest is what "makes it an antique" and drives up the price. Other times after you first talk to the person you kinda know that it's best to just not ask about selling because it belonged to a grandfather, etc and is a family "heirloom" now. Like I said you just have to play each situation by ear and do what feels right and if it doesn't work out then don't sweat it and move on to the next thing. Like I said we can't place a value on somebody elses stuff so no matter how much we wish it could happen we're never gonna be able to save everything that deserves to be saved. There are just too many people nowdays that don't care about or appreciate the way things were so preserving anything from the past is the furtherest thing from their mind. I know this might not be exactly what you wanted to hear and I don't much like it either, but I've learned the hard way..... Just my .02

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Dick2

02-26-2004 19:42:29




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 Re: Just had to share in reply to Ferguson65, 02-26-2004 19:05:09  
On the other hand, every one that gets sent to scrap makes the remaining ones more valuable.



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buck

02-26-2004 19:58:09




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 Re: Re: Just had to share in reply to Dick2, 02-26-2004 19:42:29  

Good point. Like this thing is worth 500 running, 750 for parts, 1000 as scrap and 10000 as made in china floor jacks.



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Davis In SC

02-26-2004 21:01:55




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 Re: Re: Re: Just had to share in reply to buck, 02-26-2004 19:58:09  
I once saw a chart what a pound of steel was worth, made into various objects. By the time they got down to watchsprings, it was a fortune.....



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