Posted by JDseller on October 21, 2011 at 22:51:12 from (208.126.196.144):
When I came back from the service, 1977. I bought a 1947 "G" JD for $250 with a blown head gasket. I cleaned the head up and put a new gasket on it and used it. I sold it in 1985. I got $750 out of it. In just five more years it sold again and brought $1500. It just sold three years ago at auction and it brought $2500. The tractor has not been restored or repainted. The value just change over the years.
When I first bought it the guys that had used them when they where new, had families to raise. They did not want them for any price. Then a few started collecting them and the prices took off. The prices now have fallen off from the high ,unless it is an unusual tractor.
I remember my Grand Father telling about Packard 12 car selling for less than a hundred dollars in the mid to late 1930s. He and a Great Uncle bought them and scraped them. They would make a twenty dollar profit. He said that most of them where good running cars. They had to sell the one they had just bought to buy the next one. Can you think about what those cars would be worth today???
What about Depression Glass??? It was given away at the stores. So what is cheap today that will be sky high in fifty years????
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