According to the Uniform Commercial Code (adopted by every state except Louisiana) all auctions are with reserve unless stated otherwise. If the auctioneer advertises or says it's an absolute auction, he can't ask the seller if he wants to let something go. If he makes no such statement it's safe to say the buyer has a reserve, the auctioneer will "buy in" the item, or just plain run the item up to the reserve price. According to the UCC a seller can legally bid on his own items....IF the auctioneer makes an announcement to that effect.
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Today's Featured Article - Oliver 550 Clutch Overhaul Tips - by Greg Sheppard. I got my 1964 Oliver Model 550 (serial 141-139-519) second-hand and used it for several years before the clutch began to slip. After taking up the pedal linkage several times I saw it was going to take more than that. The engine had been leaking oil at the rear seal and I suspected
... [Read Article]
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For sale Farmall super A tractor is complete and has just been setting for awhile,it was running when pulled out of the barn,shouldn’t take to much to get it going asking 1100.00
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