Auction Pete's Point of View

frank

Guest
2005 CaseIH 2366 Combine with 1500 engine hours sold for $125,000 on northwest Iowa farm sale yesterday - 11/18/2012


1971 IHC 966 TRACTOR SOLD FOR $17,000
Great looking RED tractors on a farm sale in Ireton, IA (northwest Iowa) yesterday, a sale by Beyer Auction & Realty. A few prices:

2006 CaseIH MX305 tractor, 2124 hours: $128,000
1971 IHC 966 tractor, 4078 hours: $17,000
1979 IHC 1486 tractor, 5850 hours: $16,750
1972 IHC 1466 tractor, 8570 hours: $8,200
2005 CaseIH 2366 combine, 1500 engine hours: $125,000
CaseIH 2206 6-row corn head: $21,500
CaseIH 1020 25' bean flex head: $18,000
Parker 739 grain cart, like new: $18,500
Friesen 240 seed tender, tandem axle, 7 years old: $12,600
2010 CaseIH 200 Tigermate 32.5' field cultivator: $32,750
CaseIH 496 25' disk: $11,000
NH H6740 7' disc mower, 3 years old: $6,000
(2) Demco 365 gravity wagons: $4,900; $4,250
1,000 Gal. diesel fuel tank w/ electric pump: $1,500

PETE'S TAKE: (2) current trends once again played out here on yesterday's Ireton, IA farm sale:

1. NICE SMALL USED COMBINES ARE "HOT"....$125,000 for the 2005 CaseIH 2366 with 1500 engine hours is very strong sale price. How strong? Well, its the 3rd highest auction sale price I've ever seen on a CaseIH 2366. More recent proof? Ok, how about the 1998 JD 9410 with 1850 engine hours sold for $80,000 on a November 8, 2012 farm auction in east-central Nebraska? How high is $80K? Tied for the highest auction sale price I've ever seen on a JD 9410

2. THE NEW "COLLECTOR" TRACTORS: I've written about this in my "Machinery Pete" column in Successful Farming magazine...nice condition (either original or restored) tractors from the mid 1960's through the mid 1970's are HOTTER THAN HOT...so that 1971 IHC 966 with 4078 hours sold for $17,000 yesterday...that is the 2nd highest auction sale price I've seen on IHC 966 in the last 16+ years. WOW.

2011 JD 9770 STS COMBINE WITH 0 HOURS SOLD ON CENTRAL MINNESOTA SALE
Here's a Youtube video I shot Friday (November 16, 2012) at a farm estate auction in central Minnesota near the town of Braham, footage of a 2011 JD 9770 STS combine with 0 hours, never in the field, selling:

[video=youtube;69tJZYkfydI]http://www.youtube.com/watch?v=69tJZYkfydI&feature=player_embedded[/video]
 
 
Top