Re: HELP (Grandpa's tractor collection)

Posted by paul on January 31, 2002 at 14:04:38 from (199.3.9.7):

In Reply to: HELP (Grandpa's tractor collection) posted by Mark on January 31, 2002 at 08:38:17:

Didn't check the other replies yet so I might be repeating:

I would have an implement dealer who is _not_ buying anything from you value the collection for you. Might cost a little, but would be well worth it.

You can buy blue books (Hotline, and others) that give general model values, but might not apply well to your specific area or restored machines.

I would sell them at auction, to the highest bidder. Sounds like enough for your own auction, or you could get into a consignment auction deal with other farm equipment. While you have to pay a commission, you will get top dollar, and a large collection will bring the tractor collectors from miles & miles around. You won't get cheated this way.

I would not sell the whole group to an auction house or other reseller, as you will most likely come out a lot worse than paying commission to someone to try to sell it for you. The auction house will try to low-ball you, while an auctioneer will try to get the most for you, as he gets a percent of the amount, and wants a high amount.

While the ecconomy is hurting a bit, some collectors go nutz yet for one or two machines, and you could come out with several thousand more for 1 or 2 of the tractors than what you 'should' on an auction. This would pay you for the whole thing.

Don't just give the whole lump to some company for one price. That won't be a good deal for you. My opinion.

--->Paul

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