First big ticket item, was a Lehman skid loader at the age of 19.
Was a dealer inventory reduction sale. He had just taken on the Lehman line and put a new skid loader in the sale.
I figured they were around $4500 new. At 3700 I started looking trying to see who was bidding against me. They took a 3800 bid and I saw no one bid in the direction they were looking so I did not bid the 3900. Figured the auctioneer was bidding me up. I think he was stuck with it and called quite a while and no one else bid. Auctioneer came back to me and asked 3850. I decided to bid once more and as soon as I bid he said sold.
My first lesson in auctioneers running up the bid.
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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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