If the engine had an o-ring break on a cylinder and dump the coolant into the oil, that could happen in an instant. I have a JD 2440 and when it had 3,000 hours I checked fluids, started it and drove a mile to get an auger and when I came back there was too much blow-by and the oil was grey foam. $6,000 later I had a rebuilt engine! Time is an enemy of those o-rings and hours don't always matter.
If I had sold it right before it failed, the new owner would have had the bill for $6,000. Luck of the draw when dealing with used equipment. They bought an old and used tractor and need to learn that lesson and you gave no warranty and your price reflected that.
I still have my 2440, have spent way too much on repairs that should not have been needed on a gently used low hour tractor, but I need one and have to pay up one way or the other.
I think if they waited long enough the oil will put the water back to the bottom of the pan and it will look good on the stick, but there should be foamy goo somewhere.
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Today's Featured Article - The Niagra View Mobile - Powered by a 1959 Ford Tractor - by Mark Massey. In 1959 the Niagara Frontier Transit Inc. of Buffalo, New York designed and built six Viewmobiles for the Niagara Frontier Sightseeing Inc. for use as a sightseeing ride at the Niagara Falls State Park, Niagara Falls, New York, powered by a 1959 Ford 611 Tractor.
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