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Farmall & IHC Tractors Discussion Forum
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high price smta

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oliver gets it

12-23-2007 06:57:05




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was at local sale last week a work clothes 1 owner smta sold for 11700.00 gas havent fig out yet what was so special about it i thought 4500.00 would have been plenty. i quess i was all wet and lost or buyer was. just thinking that means my s-88 should be worth 12000.00 merry x mas to all fred in Delaware




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sammy the RED

12-24-2007 21:58:32




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 Re: high price smta in reply to oliver gets it done, 12-23-2007 06:57:05  

CNKS said: Looks like I got a pretty good deal on my $2250 Stage 2 Super H about 5 years ago--


WoW, I guess I got a real good deal on my Super H Stg. II.

I had to give $900.00 for mine and it came with a loader.

I thought that was a bit high, but I wanted it.

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CNKS

12-23-2007 17:13:22




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 Re: high price smta in reply to oliver gets it done, 12-23-2007 06:57:05  
The SMTA was the first tractor with IH's "fabled" torque amplifier, and the first IH with IPTO -- the tractor has sort of a cult following that is totally unrelated to it's practical value or usefulness, or the number produced. It is not rare, but that makes no difference to those that want one. I would like to have one, but I'm simply not going to pay those prices. Looks like I got a pretty good deal on my $2250 Stage 2 Super H about 5 years ago--I thought that was too high, but I wanted it -- just like the SMTA "cultists". Probably worth more now, but not $7000. It is not for sale. I also have a nearly restored 460 Hi Utility, those number in the low hundreds, not thousands -- they are popular only with those who know what they are, and will likely never approach the value of the cult tractors. I'm not in this hobby for a profit, only to see what I can accomplish with my so-called restorations.

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Steven f/AZ

12-23-2007 10:59:21




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 Re: high price smta in reply to LMack, 12-23-2007 06:57:05  

RustyFarmall said: (quoted from post at 08:24:42 12/23/07) The SMTAs were built only for one year. 1954. There just ain't that many of them, and the serious collectors want them. A good and solid Super M will easily bring $4500.


26,000 is not a limited number made in my opinion. There are many tractors with fewer numbers that sell cheaper than SMTA's... such as 1206 Wheatland, 1256, 1456, etc. If you want a rare tractor, why not go for a 600 - of which there were around 1500 made, the gas model would be the rarest. Perhaps a 6788 2+2 of which there are 347 built... etc. etc.

Four years ago I wanted $2500 for a running SMTA and didn't even get an offer. Dad finally traded it in on a haybine and was allowed $2500 on the trade in.

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Hugh MacKay

12-23-2007 15:43:51




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 Re: high price smta in reply to Steven f/AZ, 12-23-2007 10:59:21  
Steven: I have to agree, never could figure what was so special about SMTA. Not a very usable tractor by todays standards, or compared to those 06 and 56 series you list. I could have bought a SMDTA 40 years ago for $1,500., walked away, didn't see it as anything special. Besides the $1,500. generated a lot more earnings over the past 40 years than an SMDTA would have. In the 1970s and 80s the $1,500 on compound interest doubled every 5-7 years.

A Super A1 would be a lot less money, only 1,957 of them ever built, plus one could have kept it around and running for a fraction of the cost of those big tractors. It wont make money as an investment either, you just have the money it doesn't use to wisely invest.

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MN Rick

12-23-2007 10:40:28




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 Re: high price smta in reply to oliver gets it done, 12-23-2007 06:57:05  
MTA's are a market unto themselves. A couple years back, it was highly unlikely to find a runner for under $3500.00. In the last few months, there have been half a dozen that appeared or sounded like good starting points for less. That being said, it still isn't difficult to find or hear about ones over $10,000.00. Last week we discussed the possibilty of a $7000.00 Stage II Super H only to see one in the photo ads for $8500.00 a couple days later.

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1206SWMO

12-23-2007 10:17:21




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 Re: high price smta in reply to oliver gets it done, 12-23-2007 06:57:05  
About 5 years ago I watched a dandy one owner Super MTA sell for $3,000 on an estate sale.It would bring lots more today.Super MTA's are scarce here and I rarely ever see one sell in my area.

A like new #60 IH 3 bottom plow sold for $17.50 on that sale and I've kicked myself ever since for not buying it.



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Nebraska Cowman

12-23-2007 08:25:53




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 Re: high price smta in reply to oliver gets it done, 12-23-2007 06:57:05  
Could have been a couple family members fighting ovver it. That happens sometimes when you only have one and 2 people want it. I've bid pretty high on things before too. Sometimes I won sometimes I didn't.



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Dave H (MI)

12-23-2007 08:02:03




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 Re: high price smta in reply to oliver gets it done, 12-23-2007 06:57:05  
Just someone who wanted it bad...or two someones, that is all it takes. I have seen very nice MTA's sell for $2500 - 4000 in the past twelve months at auctions. Shoulda bought the $2500 one.



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RustyFarmall

12-23-2007 07:24:42




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 Re: high price smta in reply to oliver gets it done, 12-23-2007 06:57:05  
The SMTAs were built only for one year. 1954. There just ain't that many of them, and the serious collectors want them. A good and solid Super M will easily bring $4500.



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