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Farmall & IHC Tractors Discussion Forum
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John Deere salvage Worth More Than a good H

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Wayne Kittler

01-22-2004 07:49:20




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Andy went to the sale in Rutland, Vermont yesterday. Bitter cold. John Deere B, had not run in 15 years, head off, pistons missing, home made loader(nice tubular) on it started at $1000.00 and finished around $ 1800.00. That is more than most running H's and M's are bringing. Does JD have a cult following ?




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Jake C

01-22-2004 18:56:58




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 Re: John Deere salvage Worth More Than a good H in reply to Wayne Kittler, 01-22-2004 07:49:20  

Family ties.
I saw a John Deere 520 in very average condition bring twice its market value at a sale once. As it turned out a family member with ties to the tractor was bidding against his ex wife.

Apperantly she was bidding to 'punish' her X. This auction was a Pi$$ing contest between those two and was a disgrace to all of the legitimate buyers that came to the sale.



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Michael Soldan

01-22-2004 17:45:30




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 Re: John Deere salvage Worth More Than a good H in reply to Wayne Kittler, 01-22-2004 07:49:20  
Well here's a reply for Farmalls. I went to an auction sale last spring to see a Farmall H and another wide front end sell. The H sold for $3350, it was restored, looked good, ran well but was an off shade in colour so it would need repainting to be authentic. I walked away when the wide front end got to $555..I don't know what it actually ended up selling for...if more than one person wants something..... ....Mike in Exeter Ontario

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Jason (Ma)

01-22-2004 17:17:02




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 Re: John Deere salvage Worth More Than a good H in reply to Wayne Kittler, 01-22-2004 07:49:20  
I was at that sale and talked with the buyer. The buyer bought the 1948 B for $1600 bent rod and machine in pieces, had hydraulics. The Machine was bought new from R.N. Johnson by the buyers Grandfather. The seller's had bought the b from his Grandfather's auction. The buyer is trying to get his grandfathers machines back.



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Hugh MacKay

01-22-2004 21:39:45




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 Re: Re: John Deere salvage Worth More Than a good in reply to Jason (Ma), 01-22-2004 17:17:02  
Jason: I always said a good auction philosophy was, keep your eyes open, mouth shut and bid very discretely. If you even hang around an item too long looking it over, someone figure this out and run you on bidding.



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Kelly C

01-22-2004 20:21:22




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 Re: Re: John Deere salvage Worth More Than a good in reply to Jason (Ma), 01-22-2004 17:17:02  
He must have let that on to a shill. Funny how the price goes up if they know you want it.



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PeteNY

01-22-2004 16:26:15




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 Re: John Deere salvage Worth More Than a good H in reply to Wayne Kittler, 01-22-2004 07:49:20  
Someone wanted that B pretty bad...musta been something about it...but yeah around here anyway(Upstate, NY) a B will bring some more than a comparable H, and am A more than a comparable M...but $1800, what a nicely redone late B should bring. Are you sure it wasn't something special? Have you seen the $8500 H or the $9900 8N on the photo ads recently?



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Don c

01-22-2004 12:04:37




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 Re: John Deere salvage Worth More Than a good H in reply to Wayne Kittler, 01-22-2004 07:49:20  
I go to a lot of auctions and the biggest problem is "CREDIT CARDS", people will buy anything and everything just because it an auction and there plastic will do it all.



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Johan

01-22-2004 09:48:10




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 Re: John Deere salvage Worth More Than a good H in reply to Wayne Kittler, 01-22-2004 07:49:20  
It takes at least two people to increase bids...



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Bill Smith

01-22-2004 09:29:16




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 Re: John Deere salvage Worth More Than a good H in reply to Wayne Kittler, 01-22-2004 07:49:20  
Wayne, sounds to me like somebody clearly paid to much for this tractor unless it is the rarest of the rarest for the B's (like the very first one with 4 bolt front end, centered gas cap, and on steel all the way around) then I could maybe see it bring that much. You can't really go by what one tractor sold for at a sell either. I seen an H that was literally laying in a pile with alot of it missing sell for $600, it was worth about $150. I have seen John Deere B's that run sell for under $1000 lots of times. John Deere tractors have had the edge on the market for quit a few years. Selling just a little higher than an equivelant sized farmall in the same shape on the older tractors. The margin has lessoned to not that much more here in real recent years. A running H in my area will sell for around $700. A John Deere B in the same shape will sell for like $800. That same B would of sold for like $1200 when John Deere was really hot about 12 years ago. They still have the edge, but not by as much as your talking.

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Hugh MacKay

01-22-2004 09:26:05




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 Re: John Deere salvage Worth More Than a good H in reply to Wayne Kittler, 01-22-2004 07:49:20  
Wayne: Auctions do funny thing to people. I always said they are a great place to exchange money for junk. Many many times I have seen people bid way over the current retail price on small items like the nest old speaks of. I was at an old iron auction last summer. This one had an exceptionally large assortment of junky small items. A friend and I watched in amazement as people lugged out items, that they should have been paid money for hauling to the dump. For the most part these were people that didn't have money to waste either. Probably part of the reason they don't have money.

Then there is the other crowd, in their daily life they are overpaid anyway, they just want to impress us how much they were able to pay for something. They are the ones that drive inflation.

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Dave H (MI)

01-22-2004 10:55:04




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 Re: Re: John Deere salvage Worth More Than a good in reply to Hugh MacKay, 01-22-2004 09:26:05  
You said a mouthful there! You just get done explaining to someone how they are asking too much for something and along comes some idiot and gives them exactly what they are asking. It drives up prices and takes a lot of the fun out of collecting something. Here in Michigan...I like to call it the land of ridiculous auctions...people will pay unbelievable prices at auctions and then stand around with there friends gloating because "they won". They showed that other guy who was the "better" man. Used to love auctions but I am starting to look elsewhere for my stuff.

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Dave_Id

01-22-2004 08:44:00




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 Re: John Deere salvage Worth More Than a good H in reply to Wayne Kittler, 01-22-2004 07:49:20  
As I mentioned before on this forum, you can paint a turd green, and somebody will want to pay lots for it.



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John from Canada

01-22-2004 19:26:16




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 Re: Re: John Deere salvage Worth More Than a good in reply to Dave_Id, 01-22-2004 08:44:00  
Up here in Canada you would be lucky to get a good running H for under $2500. Of coarse that's in Canadian funds.



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parts man

01-22-2004 21:10:53




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 Re: Re: Re: John Deere salvage Worth More Than a g in reply to John from Canada, 01-22-2004 19:26:16  
Down here in eastern Canada, we pick up good running Hs for $900-$1200 CDN all the time!



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Wayne Kittler

01-22-2004 08:13:36




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 Re: John Deere salvage Worth More Than a good H in reply to Wayne Kittler, 01-22-2004 07:49:20  
Riverbend, you just knocked me out laughing.



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old

01-22-2004 08:06:37




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 Re: John Deere salvage Worth More Than a good H in reply to Wayne Kittler, 01-22-2004 07:49:20  
Could be a couple things there, 1 a person with more money then brains 2 he wanted it because he knew something that others didn't etc. I've seen the same thing with just about every color of tractor just depends on who is there and if they want it. Sound like me an a chicken nest box I wanted, it sold for $85 and the woman that got it was going to put it in her bath room to hold towels. What was funny is you could go to MFA and get one new for $55, some people don't have any idea what something is worth they just want it ..... .

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riverbend

01-22-2004 08:03:58




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 Re: John Deere salvage Worth More Than a good H in reply to Wayne Kittler, 01-22-2004 07:49:20  
They probably just need parts.



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