Maybe we need a law. Some pre Reagan price controls. A Ford 8N is worth no less than $2500 and an H is worth $2500. M a little more. Green As, Bs, 77s, 88s and All Yellow and Orange tractors not worth less than $2700. Guaranteed by the government and enforced by law...
The beauty of our system is that a thousand factors enter in to the value of a tractor or old car, an hour of labor for a man, or a call girl, diamond ring, barrel of oil, acre of land, bushel of wheat or ounce of gold. They rise and fall as do the currencies they are traded in. I doubt prices of old things will reach the heights they reached 5-8 years ago when the Boomers still had IRAs and 401s that were worth a lot. But old iron will always be a commodity that some folks make and some folks lose money on. And some folks will just want one because they're cool and $5K is not too much to pay for an Allis B.
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Today's Featured Article - Uncle Cecil's Super A Lives Again - by Mike Purcell. A week or so out of most of my childhood summers was often spent with my Uncle Cecil and Aunt Sissie in the small East Texas town of Maydelle on their 80 acre farm. Some of my fondest memories of these visits are those of learning to drive a tractor at the helm of Uncle Cecil’s 1948 Farmall Super A. Uncle Cecil was the second owner of this wonderful little tractor, but it was almost as though he had adopted an infant. The original owner was a man from Minnesota who bought her from a local dea
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