Well you have invested $3450 dollar plus the original cost of the tractor and your labor. Now the bad news. That Farmall "M" is not that rare of a tractor. The fact that it had a cotton picker on it makes it a little more special but unless you have the picker then that does not mean too much.
You would be lucky to get 50% of your investment back here in Iowa. A good running restored "M" will not break $2000 very often here.
You are finding out what many of us collectors have done on our tractors too. They cost much more than you can ever get out of them. You are just paying for your entertainment/hobby. Many things are like that.
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Today's Featured Article - The River Tractor - by Charlie English Jr.. This is a 4010 John Deere that was used to farm on the Diamond Island which is in the Ohio River about 15 miles southwest of Evansville, Indiana. About ten years ago, this tractor was parked close to the bank as the river was washing the bank of the island away.
... [Read Article]
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