There were about 11,000 40S tractors built between 1953 and 1955. So not that rare, but a little unique. Kind of depends on your location as well. Lots of them around in the south but not too many in the midwest. That was why I wanted to get one.
I put used tires on mine for $240.00. The engine needed rebuilt and that was another $1400.00. I will have more in mine than it is probably worth, but I don't buy them to sell. I don't have any current pictures since mine is still waiting for the engine to be put back in the tractor.
The other poster talked about different options that might add to the price, but I would not get in to the tractor for much over a $1,000.
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Today's Featured Article - Gatherin of the Orange - by Rick Nikolich. In July of 1998 I was talking to fellow Allis Chalmers collector Mike Schilling about the annual "Gathering of The Orange" AC show coming up in August of 1999. He got this wild idea that we should get a convoy of AC tractors and drive them from Charlotte, Michigan 105 miles to LaGrange, Indiana.
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