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Talking antique tractors

GREG PETERSON 11/03/2011 @ 8:03am Greg Peterson writes "Machinery Pete" column for Successful Farming magazine and appears on the Machinery Show on RFD-TV, talking about trends in the used equipment market

Talking antique tractors this week.

Got my eye on a large online auction tomorrow, Nov. 3, 2011, at www.purplewave.com. 64 antique tractors up for sale on this online auction, making it the largest online auction I've seen focused on antique tractors.

The headline tractor on tomorrow's auction is a 1923 Advance Rumley G20/40 oil pull with 2 cylinder kerosene engine and 2-speed transmission. As of 11:30 AM CST today, the day before the online auction, there have already been 47 bids on this Rumley G20/40. High bid currently sits at $19,000, having jumped $2,000 this morning. Here's a picture of this 88-year old beauty:

The bidding begins to close at 10 AM CST Thursday (Nov. 3rd) at www.purplewave.com. Always fascinating to watch the last minute bids come rolling in. How high will it go? Very interesting.

Another tractor on tomorrow's www.purplewave.com online auction is an Allis Chalmers G, I believe a 1948 model. 24 bids on this tractor one day prior to the auction. High bid currently resting at $2,600. What are Allis Chalmers G tractors worth? Click on the link below to find out:

Staying on the topic of antique tractors, two Saturdays ago I covered a small collector auction in LaCrescent, MN, a beautiful small farming community along the Mississippi River in southeast Minnesota. This auction featured a very nice looking 1949 Ford 8N tractor that had been restored. It sold for the 3rd highest auction sale price I've seen on a Ford 8N in the last five years. Here's a video of this 8N selling:

The same day, October 22, 2011, my friends Jeff and Dennis Polk with Polk Auction Company in New Paris, IN had quite an auction out in Yuma, CO for renowned collector Dean Koenig. Some awfully strong sale prices on this sale that featured many rare John Deere models. Click on the link below for an auction sale price report....note the 1958 JD 620 gas high crop sold for $64,000!

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