Posted by JD Seller on September 09, 2018 at 08:32:02 from (208.126.198.213):
Here is a link to Lloyd Welters auction in Monticello, Iowa.
I am 99% sure that not all these tractors were Lloyd's. Maybe half of them at the most. HE had been talking to other collectors for several years wanting to put together a large group auction and getting Aumann's in for the auction. He was wanting to be able to get more out of the ones he did own. He had even been buying more the last year or so, just for this auction. Some things sold HIGH!!! Lots sold reasonable.
A JD 6030 brought $57,225. One of the cars brought $84K . IH 1206 brought $20K. JD 1971 4020 $22K. JD 4320 $21K. Some things did not go sky high. JD 4455 showing 2000 hours MFWD and 15 SP power shift. $40,000. I would have bought it but a friend was hot for it so I stepped back and let him buy it. That would have brought $5-10K higher after fall harvest. Rumley oil pulls sold cheap. Now these were the smaller ones but in the low to mid teens would get you one. The highest 20-40 brought $35k but two 20-30 only $12,500 and $14,000. A lot of JD 60,620s, and 720s in the $2500-3500 for draw bar tractors but restored and sharp looking. Ford 8N $1400. Massey Harris 33 $945.
Buy of the day. Small JD disk in its street cloths but nice shape only $157.50. I had to leave early or that would have brought more money. Usually those smaller 8-10 ft. disk bring $500 plus.
All in all I think there was a lot of cheap restored Iron here for the condition of a lot of it. Lloyd would have been better off selling this 4-5 years ago when I first heard him talking about it. I also think auctions at this time of the year are bad too. After harvest and well after school/vacation season for the general public, make for higher priced auctions. I think one of the best days is the Sat. after Thanksgiving for a Diverse collection. For pure farming equipment NEw Years works too.
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