Well last I heard castt iron doesn't 'rot'.And if you don't think having a field full of equipment like that won't get you alot of 'socializing'you'd be fooled. I'd hazard a guess this fellow probably picked most of this stuff up pretty cheap and probably would be worth more than he paid for it right now which is a better investment than any of the so called investments the 'smart' guys have been peddeling the last few years.Of course this fellow could have spent a hundred a so a weekend for the last 10 years playing golf and had nothing to show for it or spent his $5000 a year on old equipment and let it increase in value which it has.So who really needs the 'headwork'?Anyway like I said its his $$$$ either way and really no one else's business but he's far from letting his $$$$ rot.You think big salvage yards are letting their $$$$ rot? With the increase in scrap prices most of these old non running tractors have 3X in value in the last 15 years compare that to GM stock.
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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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