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Re: Re: Re: Re: Re: Re: Re: collecting antique tractors a good investment?
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Posted by Erol on March 25, 2001 at 11:35:14 from (212.156.59.112):
In Reply to: Re: Re: Re: Re: Re: Re: collecting antique tractors a good investment? posted by Jeff on March 25, 2001 at 04:08:12:
OK, I understand you all who expressed their opinions/feelings. But I have doubts. For example, F14, you spent $4300 rebuilding a tractor and you expect to sell (if you sell) it for $2000 maximum? Maybe, true. But, don't you have any hope for selling it for much much price in the future? Did you spent money for nothing or spend it to lose some money? I understand you enjoy the pleasure of owning and playing such tractor(s). But, as you said, this loves costs much. If you are not selling love for money, then you are buying love. Again, this love has somethings to do with money. Again, "money is true love and vice versa" since all need money to love somethings. (here, "money" is a symbol of the "need", not just a coin.) Some (it was Snitkawl, i think) said somethings like "I like the old things, even old women like my 90 years old mother in law". Snitkawl, I understand your love of "old", but is it a true love? I don't know how old you are. Let me assume your are in 30s-40s. Now, I just wonder would you get love and get married to a woman who is, say, 30 years older than you? She will not give you a kind of smell/odor of old days but will give you the odor of your future which you haven't examined yet. Having read post after post, I was about to believe you are not making good money from antique tractors and I begun to feel sad for you since you all seemed to me to be desperate people. But, I thought a while again. I believe you aren't making even a cent profit these days but I don't think it will be same in 5-10 years. Old tractors (tractors earlier than 1960s will disappear day by day and your pieces will be rare pieces. After I thought these I gave up feeling sad for you. By the way, I too know of very old tractors in some villages here in Anatolia of Turkey. Farmers are just keeping them in their scrap-houses (sp?). When they realize theirs too are rare they will bring them into antique tractor market. Then, rarity will be a matter of question and market values may go lower to some certain value. Lew, of course, I've spent some money on somethings that I didn't plan to sell later at a profit. But, at that times, I was either a kid (who was trying to spend money on balls and toy guns) or a young boy (who was sometimes spending money stupidly on flowers for gals.- now, I'm mid thirties) or those somethings I bought for no-profit were only basical needs, for myself and for some people, such as medicine drugs, electricity, food, etc. Only when spending money on such things, owning and spending money has been very meaningful and very pleasure Don't misunderstand me, I'm not offensing/attacking collectors' feelings here. But, I thin you collectors in general and you tractor collectors in particular are still kids a bit. However, it is a pleasure to talk with collectors, I must confess. Anyways, in my opinion, tractor collectors (who one one or more) may be almost desperate now, they spend much without making any profit. True, but, I don't think it will be the same. These days are like the days of promoting antique tractors to bring more number of people into the field. In such periods of promoting somethings new in antique market, many collectors except few experienced collectors have troubles of balancing promotion-pricing. The relation between promotion and pricing is almost a nonlinear relation; when a collector promotes extensively the price he/she will be paying to collect will increase. If he/she doesn't promote antique tractors, then the prices of tractor(s) he owns will decrease in time since less promotion effort will not bring new collectors into the field. I see here in this tractor field the days of late 19th century and of early 20th century in some art fields when people were behaving similar to these tractor collectors who are playing at critical points (perhaps, turning point) of this antique tractor field. These are my some random thoughts. By the way, am I the only one here who thinks so or the truths (truth tellers) are always alone:)? As last, I wish you all collectors luck. Really! Because, The more number of people (new collectors) The more profit for me in the antique parts reproduction which is a new profitable popular field of the near future.:)
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