Here's the way I see it from sale prices I have seen.
A real highly colectable, one that could be in a museum some where is still going high to colectors. If you had $20,000 to spend on a dust catcher to set in your shop a few years ago you still have it.
As for every thing else, seems like there has been a corection in price based on the needs of the buyer. A 8n that some one wanted cause granddad had one is not going to sell as much as it would a few years ago because Joe Sixpack is scared the factory is going to close. A Farmall H with cultivators is going as high in tobacco country as it ever did because tobacco growers are have'n to raise larger crops to break even and the more mexicans they can put to plow'n the faster it gets done.
Two years ago at auctions you could watch 8n sell for the same price that a 3600 in bout the same shape and better tires would bring. Now that is not the case as people are only buy'n the things they need and not the things they would like to have. Guess what I am try'n to say is the old tractors are bring'n prices based on their usefullness rather than the nastalga.
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Today's Featured Article - Third Brush Generators - by Chris Pratt. While I love straightening sheet metal, cleaning, and painting old tractors, I use every excuse to avoid working on the on the electrics. I find the whole process sheer mystery. I have picked up and attempted to read every auto and farm electrics book with no improvement in the situation. They all seem to start with a chapter entitled "Theory of Electricity". After a few paragraphs I usually close the book and go back to banging out dents. A good friend and I were recently discussing our tractor electrical systems when he stated "I figure it all comes back to applying Ohms Law". At this point
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