Stip Bros. Farm Auction

jim johnson · Nov 18, 2009

Does anyone know the story on the Stip Bros. Farm auction in Madison, SD? Why most everything has such low hours/miles?

R2D2 · Nov 18, 2009

They must not have used it much.

jal-SD · Nov 18, 2009

They both passed within a short period of time after much of that equipment was purchased. They had farmed a lot in the eastern part of the state prior to their passing and bought a lot of new equipment annually, is my understanding. Originally there were three brothers involved in the operation. I don't think any of them ever married. (My $0.02 worth. jal-SD)

jim johnson · Nov 18, 2009

I can understand that with the farm equipment, but I don't understand the low mileage on the trucks. With that old of truck,it wouldn't pay to have them and not run them any more than that. It might make some people wander if they turned the odometers back. I don't see any mention of a bank on the sale bill and it doesn't make sense to pay that much for equipment and not use it any more than that. Tags and insurance alone on those trucks would defeat the purpose of having them for no more miles than they have on them.

Anonymous-0 · Nov 18, 2009

with the the money they had they could have bought the bank and a few others, money was not an issue.

71ford100 · Nov 18, 2009

(quoted from post at 09:21:34 11/18/09) Does anyone know the story on the Stip Bros. Farm auction in Madison, SD? Why most everything has such low hours/miles?

You would be amazed how many old C 60 Chevys or F-700's in this area have 30,000 miles or less when a guy lives ten miles from the elevator and hauls there during wheat harvest and it sits the rest of the time....
I know of an early 40's Chevy truck that just got it second set of tires as the original set finally dry rotten (one owner truck used every year at harvest) that darn truck looks about like new.

M Nut · Nov 18, 2009

I have a 1963 GMC 4000 that has 6800 original miles on it. It still has the original tires, and has never sat outside a night since new. It was ordered by a small community fire department, and retired in 2007. I bought it to save it from the scrap man. Thing runs like a sewing machine, can't hardly hear it idle, and has virtually no rust. Not a common thing in MN.

Anonymous-0 · Nov 18, 2009

When these old truck's were bought new in the 60's a 60 series Chevrolet, and a 700 Ford could be bought new for $3,000.00-$4,000.00. I know I bought a N series 700 Ford for $3,500.00 in 1965.
Both brand's were good old farm truck's, and if you ony used it to haul grain to town the cost was about as much a two 200bu wagon's not counting the wear and tear on a tractor.

Just my 2 cents worth
Iowa Bob

jim johnson · Nov 18, 2009

Guys, I know all about the old straight trucks. I was talking about the semis.

Anonymous-0 · Nov 18, 2009

You boys are barkin up the wrong tree These boys had about 180 qts that they owned all three were in there 70s when they died all within 2 years of each other they rented most of the land out the last 10 years or so. they kind of hobby farmed at the last maybe 10 15 qts none this year they nbought alot of mach i gusse for tax right off .the miles will be right on these trucks

jim johnson · Nov 19, 2009

Kent, I appreciate your reply. That answers my questions.

Thanks, Jim

Stip Bros. Farm Auction

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