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Farmall & IHC Tractors Discussion Forum
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1959 truck, i should have never parted with her!

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mike2

11-21-2004 01:06:42




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Guy came and picked up a truck i had listed one of those places for auction. Gosh after I thought about it today, i really sold her to cheap. Didn't have many people emailing about her though. Got 800 dollars and the old girl only had 6,000 miles! I even found the maunual and original ordering papers with it. What do these things bring on sales?




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Paul Shuler

11-21-2004 12:53:02




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 Re: 1959 truck, i should have never parted with he in reply to mike2, 11-21-2004 01:06:42  
Wife and I passed on an old farm house on 17 acres 11 years ago cause $115,000 was just too much for it. A co worker of mine bought it and in five years sold it for $160,000. Now it is smack dab in the middle of some hugh homes and I doubt $500,000 would touch it now.



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DJ

11-21-2004 10:46:14




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 Re: 1959 truck, i should have never parted with he in reply to mike2, 11-21-2004 01:06:42  
Mike--I saw your listing. That looked like an excellent old original truck. Where did it end up going? I wished that I would have had somewhere inside to have put it. I would have drove up to see it (I am not too far south of you). I was very surprised that you only got the one bid on it. It isn't very often that you find 45+ year old equipment in that condition.
P.S. Awhile back I bought a NOS IH raingauge from Randolph from you on the same place as where you sold the truck.

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mike 2

11-21-2004 16:52:03




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 Re: 1959 truck, i should have never parted with he in reply to DJ, 11-21-2004 10:46:14  
Hi, Yeah that was me. The truck stayed local, went to sioux city iowa. About 35 miles from me. The guy said he wanted to haul a car on it, but the frame will be way to short. Not sure what his intentions will be completed or not. I think it was cheap enough so he went ahead and bid. His gain and my loss this time!



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catmandoo

11-21-2004 09:50:21




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 Re: 1959 truck, i should have never parted with he in reply to mike2, 11-21-2004 01:06:42  
nds and sloroll commented on if you by chance had any other relatives(brothers,sisters,kids)whatever that might have been interested,i know my dad just sold and old amusement train and my mom just sold her 66 gto.but not before they asked us kids if we wanted it,and my brother who bought the gto in 74 had no interest in it and i have other stuff that i'm trying to get done and ,don't get me wrong i would love to have it around but it's just one more thing that would be collecting dust and mice.they would have sold it to me for next to nothing,probably even given it to me,rather then see it leave the family but the emotional attachment just wasn't there.they even went to the point of asking us(8) kids if there was anything we wanted from them ,because when they are gone they don't want any fighting over this or that,like they did with their brothers and sisters,man my dads one sister was i swear the wicked witch of the west,yet the other one could care less.i guess i'm saying that if there was someone interested in it they should have had first shot at it but otherwise,let it go maybe the next guy will restore it and it will eventually end up with his kids or whatever.and (my680,000 blunder)just what was this??? i'm curious

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Mr. Blunder

11-21-2004 11:00:25




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 Re: 1959 truck, i should have never parted with he in reply to catmandoo, 11-21-2004 09:50:21  
Thank goodness it wasn't a tractor, but here's a link to my "blunder of the century". Look for item #334 under the April 2000 auction. Of course, the valuable historical information that makes it worthwhile was discovered after I had sold it. But, it still makes for an interesting "what if" story. It certainly was the best thing I've ever had...and never realized it!

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My $680,000.00 blunder!

11-21-2004 08:35:57




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 Re: 1959 truck, i should have never parted with he in reply to mike2, 11-21-2004 01:06:42  
Worried about your $800 truck? Several years ago I took an item in on trade, sold it a short time afterwards, and made $200. A couple years later, the fellow that I sold it to, had an auction, and I went to try to buy it back. I went up to $1000, and it went for slightly more. Over the years this same piece that I was happy to make a couple of hundred dollars on has changed hands a few times. The last time was in the year 2000, when at a Julia Auction it sold for the princely sum of $680,000.00!! Now this is worth getting concerned about...not an old truck.

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NDS

11-21-2004 07:52:31




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 Re: 1959 truck, i should have never parted with he in reply to mike2, 11-21-2004 01:06:42  
All the replys make sense from a business standpoint but my Dad pullled an old M in shed and it sat there for 30 years. When I got it out and got it running couple years ago was kind of glad he did not sell it for couple hundred dollars.



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Sloroll

11-21-2004 08:09:30




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 Re: 1959 truck, i should have never parted with he in reply to NDS, 11-21-2004 07:52:31  
Well Hold on now. that is an affair of the heart. If it is a family heirloom all bets are off and he cared enough that he kept it protected for you. If it is a family matter sell with a first right of refusal after checking with family options to buy. That way you know where it is at anyway.



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Rauville

11-21-2004 07:30:56




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 Re: 1959 truck, i should have never parted with he in reply to mike2, 11-21-2004 01:06:42  
The key word here is: "S O L D"...never worry about anything that sells. It's all the other stuff that doesn't that keeps me awake.



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Nebraska Cowman

11-21-2004 06:30:53




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 Re: 1959 truck, i should have never parted with he in reply to mike2, 11-21-2004 01:06:42  
I've sold some bargains too but as Sloroll says, Turn your money. Never look back.



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Sloroll

11-21-2004 06:04:29




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 Re: 1959 truck, i should have never parted with he in reply to mike2, 11-21-2004 01:06:42  
I have found if you aren't using it, let it go. It is out of your way, you have $ to find something else and you made someone happy at a price you set. I have a buddy that has a farm full of really interesting sh!t. And that is just what it is. It was all way to valuable to sell when it was in good shape. He has tripped around it for years, now it is junk. Nothing more. He still thinks it is his retirement but there is a rude awakening around the corner. Interesting stuff but nothing rare enough to bring back from the state of delapidation it is in. Bid a fond adue, and go invest that cash wisely.

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Eric Rylander

11-21-2004 07:26:25




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 Re: 1959 truck, i should have never parted with he in reply to Sloroll, 11-21-2004 06:04:29  
Like others have said, don't look back. Buy something you can use with the money. My rule is if the car sits more than a year and I haven't gotten onto the project I sell it to someone who can use it. My parents know someone who has at least 75 cars rotting away in sheds and outside at his place. Most are pure junk, such as a '79 or so Toyota Celica with rust to the middle of the doors, or a 4 door Valiant in similar shape. He has half a dozen '49-'54 Chevy trucks, and a bunch of '60-'65 Chevys, but it's all rusted midwestern junk, may have run 20 years ago when it was dragged in, but the blocks are likely cracked from winter freeze and the mice have gotten the wiring and upholstery.

In about 1980 my dad tried to buy a '64 half ton GMC from him as our '66 stepside (with the 301 V6) was rusted to the point it was unsafe to drive. He wouldn't sell anything. I was deer hunting on his land last week and I saw that same truck, now with four flats rusted into the tall grass, the wood bed rotted away and a poplar tree grown through the bed. What a shame.

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ericlb

11-21-2004 07:38:47




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 Re: 1959 truck, i should have never parted with he in reply to Eric Rylander, 11-21-2004 07:26:25  
it kind of makes you wonder why someone would collect all that and then do nothing with them, kind of like a "H" im buggin a guy about, it has a trailer mower on it and got to his house under its own power, now he does nothing with it, its outside un capped and he wont sell it either, strange.. if anybody wants to part with the larger type trucks, 1 ton and up, you can log onto american truck historical soceity and look in the for sale adds to get an idea of what this stuff goes for nationwide, its kind of like tractors theres some high priced junk as well as some low priced runners, just depends on the indevidual and what someone will pay for a paticular unit, ericlb

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Bill in NC

11-21-2004 11:17:26




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 Re: 1959 truck, i should have never parted with he in reply to ericlb, 11-21-2004 07:38:47  
Yeah, there's lots of folks out there that can't part with possessions and then they just let those possessions rot, rust or erode away to nothing. Psychologists say those folks are the exact opposite of executive types that make a decision right or wrong and just plow straight ahead.

Sometimes being stuck in the mud procrastinator pays off. My mother's first cousin looked like Joseph Stalin (big brushy mustache to cover up his missing top teeth) and was bass ackwards in his farming. He never changed anything if he could help it. While everyone else in the county was using hybrid corn seeds, he was year-after-year using his prior year's harvest for his planting seed. Some of you may recall the corn rust that swept across the country in the late 1960's that was particularly damaging to many hybrid corn varieties. Cousin Emmett was contacted by his County Agent in late January about his field of "antique" corn which was still standing on stalk!! The field probably had a yield of less than 50 bushels per acre. The upshot of the matter is that Cousin Emmett got a fortune for his corn and did not even have to harvest it (the corn company bought it on stalk and harvested it by hand). The corn was immediately shipped to Mexico and was rushed into off season pollination/breeding work with existing hybrid varieties. The gist was that modern hybrids were susceptible to this rust but that 1940's era corn varieties were immune).

I'm bad to procrastinate and keep far too much junk around, but often wonder if Cousin Emmett's particular field of corn is still genetically present in today's corn. So, if you've got the room and don't need the money, maybe it's not so bad keeping old stuff around.

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Skipper

11-21-2004 05:48:44




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 Re: 1959 truck, i should have never parted with he in reply to mike2, 11-21-2004 01:06:42  
Hate to see them go, huh? I just sold a 59 Chev 3800, which is a 1 ton dually two weeks ago. I got $2200 for it and don't know if that was good or not. It was in exceptional shape, but being a one ton dually with a granny 4 speed didn't make it a desirable truck for a cruiser. I was gonna get in trouble hauling my antique tractors around in it sooner or later, so it is good to be gone. The brake system and power was just too weak for me to use safely with a load. Value of these can swing pretty wide from cheap to expensive, depending on shape of truck, what kind, and buyer!! $800 could be OK if it wasn't a desirable truck, but if it was then someboby got a really good deal if it was in good shape.

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