You never get your money out of a rebuild at auction, because nobody will believe you. Best chance to sell it is to have all receipts, make it look nice, and maybe you'll find someone who wants it. But I agree with the others- don't spend a bunch of money on an old gas tractor unless its for you to keep.
I do agree that the auctioneer was foolish for laughing at you, but then, they're generally not the most subtle guys around. He may have done you a favor- if he'd shined you on and lulled you into consigning it, you may have come out on the short end.
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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.
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