If you mark the wagons with numbers, one thing that does come to mind, if you weld your unique ID number or serial number onto the frame, even if the weld is ground off, it changes the molecular structure of the base metal, so even if they grind off the raised numbers that you weld on, I believe the numbers would still be legible, the steel will be discolored, if you apply acid or something that would make it legible. A welder told me this a long time ago, I see all the steel plates used for temp bridges and to cover up trenches in NYC has the company name welded on them with hardfacing, I assume this to be true.
You have to wonder with todays technology, is there an inexpensive tracking device you could install ?
Then include posting a visible sign that says all equipment and components are permanently marked, serial numbers are on record, tracking devices installed( obviously where they can't be found) - kind of like the others said, it's a deterrent, besides what you did already which should really make those wagons undesirable to steal.
You never can tell how far a thief will go, making it difficult by being creative certainly helps.
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Today's Featured Article - Madison's County - by Anthony West. Philip Madison has been a good friend of mine for quite some time. He has patiently suffered my incessant chit chat on the subject of tractors for longer than I care to remember, and on many occasions he has put himself out, dropped what ever it was he was doing, to come and lend a hand cranking handles, or loading a find onto a trailer. Although he himself has never actually owned or restored a tractor, he was always enthusiastic and always around helping with other peoples projects.
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