As others have pointed out, the tractor is definitely not a 1953 model. You can look up the serial number in the research section to the left, or post it here so one of us can look it up for you.
Without at least pictures, any value is a guess. Things like "like new" and "80% on the rear tires" mean different things to different people, and it's human nature to upsell when describing something.
The tin could be like new but if the tractor underneath is covered with caked-on oil and grease, it's a leaker and needs a lot of work. That hurts the value.
It should start right up and run smooth like a sewing machine with no smoke. Hard starting, missing, stumbling all hurt value.
TA being out hurts the value, but you're probably best off taking the hit on that one. It will cost more to fix the TA than you'll get back in added value.
Without knowing more I have to be conservative and put the value at $1500 to $2000.
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Today's Featured Article - Show Coverage: Godfrey, Illinois Country Days - by Cindy Ladage. Except for last fourth of July's Old Gold show in Springfield, Illinois, I don't remember when it was so hot. Nevertheless, the heat didn't keep vendors and visitors alike from enjoying the third annual Country Day's Event. Jane Elliott said the event was originally a one man show. "Barry Seiler, owner of Country Town Farm Supply store used to invite people up to the Johne Deere store. He would give hats and a free meal for everyone that brings a tractor." Elliott said while this
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