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GaryinKs

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Went to an auction today, lots of John Deere Ds,none were running, top one 1934 model brought over $3000 , one late model $950, many only brought between $175 and $250, Twin City around $800, Farmall F-20s around $200
 
Maybe we are running out of old guys that know what they are and how to make them run again. Or for that mater even know how to start them.
 
Maybe we are running out of old guys that know what they are and how to make them run again. Or for that mater even know how to start them.
Click to expand...

I figure there will be a day soon when several large, high quality collections will go up for sale and find little response. Some of the guys who made investments that seemingly would always have value may be shocked, or their spouse/heirs will be. Today's collectables are in the newgen era and later.
 
IMHO, the younger set coming into the hobby want what they grew up using. 4020, 856, 930, etc. The market for the letter series tractors of all brands is not there like it used to be and most likely will not return.
 
I have a lot of friends that are now retired and would still like to buy Letter tractors, BUT We have moved from Middle class to Low class. We just don't have the money to spend.
 
That exactly why I never considered my tractors as an investment. Only as my toys. Each of the grandchildren will have one if they wish. What they do with it is their decision. I agree the letter tractors of all colors are not in the scope of the new generation of collectors. OH WELL, I will enjoy owning using and driving until I can't. gobble
 
Maybe the market is flooded with them in your area. They would have brought much more here Virginia where they are less common. But on the other hand, cars like Model T's and Model A's don't bring much unless they are converted into a more modern hot rod. This is due to the fact that the the generation that grew up with them is gone.
 
My wife tells me that us 1934 models are still in demand. Dad had 3 old D's and one GP; personally I wouldn't pay $10 for one after the experiences that I had with those old 2-cylinders. Dad managed to sell or trade them after WWII, except one that broke the crankshaft, which in turn broke the crankcase - that one went to the scrap.
 
Hi I said over a year or 2 ago that alot of the letter series tractors aren't making money unless it was a rare version or particular year, as things have moved on to number series with all color tractors. Nobody believed me and said i was crazy, Looks like I was right now guys are starting commenting here.

There are a lot of guys up here in Canada finding out they are about to loose money big time. Or the widow/ kids are only going to get 1 not the 10 good holidays and a new car, they expected from selling the old mans collection he spent $60.000 restoring.
Regards Robert
 
Thanks for the 20-35 AC price....I'm sure that it probably went for scrap....One thing that kills antique tractor prices in western Kansas is theres not many collectors left out there....Even with cheap fuel its expensive for me to haul tractors to Missouri....Two years ago lots of the 200 tractors on the Seger sale at Johnson,KS went for scrap..
 
1206--I was at that Seger sale--sad. Like we were talking at the sale,,,, We can't save them all. I brought the GB home. Tee
 
Heres some pictures of that sale from the auctioneers website..If these tractors had been 400-500 miles to the east most would have survived..It wasn't advertised nationally..I had several friends that wanted D JDs but they weren't going to drive 400 miles for them..
2s0cxo6.jpg

168bi3a.jpg

2nm3cjm.jpg
 
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