The only way that I would do an online bid is if I had personally looked at the sale item. I was at an auction yesterday where several items were sold to the online bidder. In my opinion the items sold for far more then they were worth. One tractor sold for over $20,000 , a fair value, but it needed a lot to make it a high value tractor as there was no way to know the actual hours as the dash had been replaced. The loader was the old style with the pin on bucket not the modern quick attach of newer models. The rear tires had deep cuts in them and the seat was badly worn. The on-site bidders quit when the bid reached about $15,000 but the online bidders pushed the price up.
I have been to many auctions and it always seems to me that the online bidder paid way to much. Think about it, would you buy a used car or truck without looking it over, hearing it run and giving it a test run?
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Today's Featured Article - Restoration Story: 1929 McCormick-Deering 10-20 - by Randal Simmon. On July 4th 1998 my dad and I was sitting on the front porch when he said that he was going to sell his two 10-20's to a junk man. He said that the junk man was going to give him $500 for both of them but he hadn't received the money for them yet. So I went into the house and wrote him a check for $500 and bought them myself and said now they are mine. He had bought them about five years before thinking that he was going to restore them himself. After five years sitting in the barn, he changed h
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