Auction Videos
YouTube and Google Videos are great places to find some auction videos.
farm auction from ryan danforth on Vimeo
YouTube and Google Videos are great places to find some auction videos.
Philip Weiss Auctions tops $1 million at June 9-10 sale
15 June, 2007
Only a couple of passing airplanes interrupted the strong bidding at Brown & Co machinery auction at Southfield Farm Kirmington, adjacent to Humberside Airport, earlier this week.
The sale of modern farm machinery - on behalf of Messrs J M Dodds, Lancaster & Sons and W Sowerby & Co - was the product of a new joint farming agreement between the parties. Lots included three combines, seven tractors and an extensive array of exceptional arable machinery and equipment.
With plenty of interest, bidding was highly competitive. A 2003 John Deere 9660 WTS combine fetched £68,000, a 2000 Claas Lexion 430 realised £50,000 and a 2004 John Deere 6920S tractor fell to the hammer for £28,000.
Auctioneer, Ken Pritchard, from Brown & Co’s Brigg Office said; “The exceptional trade is a result of good national and local advertising and highlights the importance of the auctioneer’s contact list of buyers.”From the Hick Chic Blog
The land in this township is flat. We could see the vehicles lined up on the gravel shoulders from the next concession back. Every kind of pickup truck was there: shiny new ones, nasty beat up ones, a ‘55 Ford F100, a ‘59 Fargo, a few with trailers behind them, and a big 5ton truck from a scrap salvage company.
We picked our way onto the farm. I was just kicking myself for not bringing my camera. This is the kind of event that fires me up in many ways. I love all things rural, I love junk, I love old stuff, I love the stories, real or imagined, that come with it all. I was walking into a gold mine on this hot Saturday morning.
Along one edge of the farmyard was a row of implements. It was obvious that they’d been yanked out of their resting spot just for this occasion. They were all covered with last year’s long dried grass stalks. Five old haybalers in a row still had ancient crusts of hay leaves stuck to them; they’d never been cleaned off before they were left in a shed or out in a field. My Dad, being the kind of guy who’s willing to fix up a junker if he feels it’s worth it, just shook his head. “The scrap guys are gonna be on this stuff like flies.” And we kept on walking.
Over by a hay wagon full of tangled objects, an old buddy of my Dad’s caught up with us and filled us in on some juicy info.
Big Dan’s not well eh?
Josie came back. They’re together again.
Yeah, he says after that big hog barn got put up next door, his property value went down about $100,000.
You know Big Dan used to work for the government eh? This place never had to make a living for him.
I heard a few more stories about Big Dan that sounded pretty far fetched. I’d met Dan and Josie briefly years before, likely at my aunt’s farm, but I couldn’t say I knew them. I just knew who they were. I stood there listening to the gossip and thinking that either Big Dan was more interesting that I thought, or he was a heck of a story teller.
The auctioneer turned on his microphone just before 10 am, as the crowd grew and the heat of the day got heavier. “We’re gonnastartat five. Who’s gotta five, five, five, gotta five, fourfifty, fourfifty, who’s gottafourfifty, fourtwennyfive.”
Another interesting thing about auction sales is the crowd. Farmers of all shapes and sizes and ages; guys with pot bellies in suspenders; thin guys in T shirts, dudes in work boots; women in denim shorts and T shirts advertising the local feed mill; kids with filthy knees and big grins; and every different splinter group of Old Order Mennonite and Amish. Of course anybody there could be Mennonite too, around that neck of the woods. Including us.
There were two Old Order women helping each other out with their kids. They each had a very modern stroller, but they were wearing long dark dresses. They had the most beautiful purple bonnets on their heads. I would love to wear a purple bonnet like that.
When my son and I went into the wooden shed to buy a bottle of water, we handed over our dollar to a pretty young woman with a white apron over her blue plaid dress. She wore plain eyeglasses, had her hair centre parted and covered with a white net covering like the ones both my grandmothers wore. She was so friendly. Later I saw a newlywed Amish couple. How did I know they were newlyweds? His beard was short and fresh, and she wasn’t pregnant. Yet. At least visibly. Two strapping young Amish guys cruised around checking out sale items and likely, also checking out young Amish girls with the small head coverings, the kind without the strings that tuck into the dress.
Dad registered for a bid number, as the Boy and I looked at the rows and rows of furniture in the front lawn. There were about ten TV sets, four recliners, three couches, six dressers, two china cabinets and a church pulpit. I wanted that church pulpit.
Another buddy found my dad. I perked up my ears for more stories.
Big Dan’s dying. He’s only got one lung now.
He never threw anything out. Can ya tell?
Don’t know what this place’ll sell for but the new owner’ll have to spend a few thousand to get it cleaned up.
Yeah, Josie came back to him and they’re speaking to all of their kids again, and the grandkids. They’re making up for lost time before he’s gone.
We did a tour of the house. I was stunned. It’s not that big a house...and yet with all of that stuff on the front lawn, there was still a huge amount of stuff inside. Being a packrat myself, I’m always fascinated and repulsed by other people’s collections. I swear if I ever buy a farm- which I plan to do- I’ll hope they leave as much stuff behind as possible. I’ll spend months going through it and wondering about it. We checked out the addition that never got finished. As we came down the stairs, there she was, Josie herself, in her fuzzy terry cloth housecoat, telling us that all of the building materials to finish the addition were right there in the corner. She looked tired. She didn’t recognize my dad.
Behind the house, two sheds were caving in on themselves, and behind that, a crumbling stone foundation was all that was left of the original bank barn. A Dutch neighbour was discussing the difficulties of the property.
It’ll cost about five grrand to get a backhoe in herrrre and bury that foundation.
I think a bulldozerrrr would be the best way to get this place fixed up.
You knoooow, Big Dan yused to work forrrr the Mounties. He collected money frrrom people.
The Boy and I wandered down the bush lane a few feet. Inside a steel shed, the buggy horses were resting in the shade swishing their tails. The sweat was dripping down our faces by this time. There was absolutely no breeze.
We looked at two identical black buggies parked in the grass. They appeared to be a century old in style but they weren’t. In green pinstriping, one stated on the back axle “2006” while the other said “2003”. Each one had turn signals, and a Department of Transportation sticker. They even had lights. I want one.
I’ve been to quite a few auctions and one thing never fails to amaze me: Get a bunch of farmers together and let them wander over a place and listen to them talk. Everybody’s a critic and all are experts. It’s fascinating. It’s horribly uncomfortable actually. But it’s universal. Your average suburban housewife has nothing on these guys and I know that firsthand.
The Dutch neighbour pointed out to me where Big Dan’s 50acres started and ended. My covetous imagination went wild. I mentally stripped down the two steel sheds and sold them for scrap. I salvaged all the lumber planks from the two falling down sheds. I pictured how I’d finish the inside of that house, how I’d scrounge up glass door knobs and thin hardwood floor strips to match the original 1930’s part. There’d be an inflatable pool in the yard. I had the old stone foundation cleaned up, and all kinds of clay pots full of herbs and flowers and wooden chairs. I pictured the wooden shed all fixed up with my truck, the Jetta and a little John Deere parked in it. I had fences up from the shed to the highway and all the way over to the tree line. Where the steel sheds were disappearing in my mind I had a nice little four stall post and beam barn, with a sand ring in front of it.
The Dutch neighbour was tallying up how much it could sell for. The auctioneer was planning to sell the property at the end of the sale, about two hours on.
We were looking at the goats and chickens in the steel shed. The nannies all had numbered tags on their ears, while the goat kids snoozed in beds made out of plastic barrels. They were awesome goats; roman nosed, curving horns, and smart eyes. They were white with patches of colour.
“I want those goats,” I told Dutch. “I hate mowing lawn.”
“Jah, goats are good for grrazing weeds down.”
“They poop less than dogs.”
“Jah, that’s rrright.”
“I’ve got a good fence to keep them in,” I said.
“How much land do yoooou have?” he asked.
“Sixty feet by a hundred and twenty feet,” I said. “I live in a subdivision.”
“Oh,” he said, “you need to moooove.”
“Yes I do.”
My Boy stuck out his hand but the goats just looked at him. I looked at the two hens clucking around in there. They were pretty black and white chickens. I wondered if, after a life of scratching around in the dirt, they’d taste better than those pasty chickens on pink styrofoam trays in the grocery store. I figured I’d like knowing that they had a chance to be chickens before they became dinner.
“We’re gonnasell everythingonthewagon, and then we’re gonnasell thewagon. Gottanice rubberhose here, whoneeds a rubberhose. Gimme a dollah dollah gimme a dollah.”
It was all getting very overwhelming. The still air, the harsh sun, Josie not dressed for the day yet, the decrepitude of the buildings, all my covetous urges, the lack of camera, the sweat soaking through my son’s T shirt. Men were milling around, waiting beside the thing they wanted to buy until the auctioneer made his way there, still criticizing the farm’s faults, still sharing everything they knew about the circumstances that brought on the sale. My chest ached from the need for 50 acres of farmland, a purple bonnet, a church pulpit, a black buggy, some bandy hens and Boer goats. My writer’s brain was cataloguing all the details. There was so much to remember.
There is something sad for me about auctions. When I was sixteen, my mother’s parents sold their beautiful yellow brick Victorian house in town to move to the nursing home. It was 1987, and a year later my grandpa would be gone. At the sale, I tried not to cry as all the familiar things got carted away by people, some strangers, some we knew, who had converged on my second home and clucked over all the objects, muttered and whispered, and then stood there, faking out all the other bidders, careful not to run the bid too high on what they wanted. The house sold for $80,000. For a decade after that, I wondered what would have happened if I’d been a little older and had a good job...
It was time to go. We were hot and tired and Dad didn’t see anything he needed.
On the way out, we walked past Big Dan. I wouldn’t have recognized him if Dad hadn’t nudged me and quietly pointed him out. He was settled in a big wooden chair, and he was half the size I remembered him from the rare neighbourhood event. He had an oxygen tube in his nose, his black straw hat on his head. People were gathered around him and he nodded, and smiled weakly. Big Dan, local man of mystery, rumoured secret agent, non-discriminating collector of antiquities, gentleman farmer, held court under a shade tree while the auctioneer rattled on.
“Half a dollah, half a dollah if ya goddit, gimme half a dollah...”
When it comes to purchasing farming machinery and equipment, it just got a lot easier to shop around. Successful Farming, the nation’s leading agriculture magazine, has released a modern price guide for equipment manufactured from 1970 through the present. Successful Farming says “What’s it Worth?” is based on the magazine’s editorial expertise in machinery.
For years, Successful Farming readers have asked “What’s it worth?” Now they will know exactly what to ask for when selling or purchasing all types of agricultural and construction equipment. The one-of-a-kind guide compiles more than 14,000 actual sales prices from Greg “Machinery Pete” Peterson. Peterson also provides the reader knowledge to research accurate price points, identify realistic “asking” prices, determine assets when applying for a loan, establish depreciation schedules, and evaluate an estate. A bonus section provides a “how-to” guide for effectively buying and selling equipment.
“If you are planning on buying or selling used machinery in the future, you need the ‘What’s It Worth’ book,” says Dave Mowitz, Successful Farming Machinery Editor. “Knowing what comparable machinery has actually sold for allows you to confidently set a solid price for equipment you are buying or selling. This data is based on actual prices people have paid for machinery over the past year.”
Buy “What’s It Worth” in stores or at www.successfulfarmingbooks.com. Retailers may email diana.willits@meredith.com if they would like to carry the book in their retail locations.
Founded in 1902, Successful Farming was the first magazine published by Meredith Corporation and has a circulation of 440,000 and 1.1 million readers. Successful Farming is one of the most successful and recognizable brands in the Agricultural industry. Its Web site, Agriculture Online, established in 1995, was one of the first agricultural Web sites in America. It has since received the Jesse H. Neal Business Journalism Award for best Web site, was listed among BtoB magazine’s Media Power 50, and was named Best of the Web by Media Industry News.
One worthwhile stop near Rapid City is the Museum at Ellsworth AFB. They have a very nice display of static aircraft and tours are available of the base. If you are lucky enough you can see a B-1 bomber coming in for a landing just adjacent to the museum
Spare parts made for Concorde - the world’s first and only commercial supersonic transport - are to be auctioned in Toulouse in late September, organisers said today.
The Aerotheque Association said it arranged the Sept. 28-Oct. 1 sale to generate funds for a planned airplane park in Toulouose.
The auction includes 835 lots, from hulking spare parts to paraphernalia and pilot uniforms, and was expected to bring in about $US337,000
The Concorde made its maiden voyage 1969, but was retired in 2003 amid ballooning costs and dwindling ticket sales after a crash in 2000 that killed 113 people. The craft had been commercialised by British Airways and Air France.
The planned museum park, Aeroscopia, is to open in 2010 and promote the history of Aerospatiale Toulouse, the maker of Concorde and the precursor of giant plane-maker Airbus.
Auction business appeals to family
Greg Peterson - Successful Farming
I've been doing this a long time now. Collecting auction sale prices I mean. Almost 18 years. So it really takes something big to stop me in my tracks. Well, some data I crunched this morning did just that, stopped me in my tracks. John Deere 4020 tractors are worth more now than at any time in my almost 18 years of tracking sale prices. Check out the facts. |
John Deere 4020 tractor values
Data compiled by www.machinerypete.com. Copyright 2007.
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So 4020s are selling for 9.7% more now at auction than they were 10 years ago (1997) and 3.8% more this year over last year. Deere made 4020s from 1964 to 1972. I've written about them many times over the years with those columns never failing to produce a high volume of feedback from readers. It seems the old green 4020 carries a strong emotional bond to our recent farming past. Some folks think its silly how much 4020s can sell for these days. Others explain away their rising values with the inflation argument. Me? I guess I just find it highly interesting how a tractor like a 4020 that's 35 to 43 years old now continues to be worth more and more money. Sure, the cherry condition 4020s that pop up at auction attract tremendous crowds and tons of bidders. The 4020s like the 1971 model with 4,800 hours in excellent condition that sold March 31, 2007, at an auction in southeast Iowa for $22,100. Nothing new there. This trend has been going on for the last 5 to 10 years. But what's driving the continued rising values are 4020s like the 1968 model sold this past Sunday on a small farm auction in northeast Nebraska. It was a narrow front, diesel model with 18.4R-34 rear tires and 7,704 hours on the tach. Nothing special, just a decent 4020. It sold for $9,250. A few years back that same 1968 JD 4020 tractor would have sold for $6,500 to $8,500. Simply worth more today, that's all there is to it. Click on the link below to see what other items sold for on the June 3, 2007, auction in northeast Nebraska. You'll find a link there you can click on to pull up all of the JD 4020 tractor auction prices we've compiled in 2006 and 2007, plus links to a few other selected pieces of equipment. Check out the 1975 JD 4630 tractor with 6,375 hours that sold for $17,500. |
• Auction sale prices from June 3, 2007, auction in northeast Nebraska. >> |
OMAHA (DTN) -- Farmers have traded farm machinery for generations by the chant of an auctioneer, but some producers today are using the internet, specifically eBay, to alter their machinery lines. During the last two weeks, in fact, the world's most-popular internet auction site reported selling 258 tractors.
The real question for many farmers when using these tools is whether internet auctions bring as much as in-person auctions. The short answer to this question is generally no, but it does depend on the age and usefulness of the tractor available for auction.
A recent study by Ohio State University examined in-person auctions vs. tractors selling on eBay. The results of this first-of-a-kind study showed that the median tractor (i.e., half of the tractors sold for a price less than this, the other half sold for more) was predicted to sell for $7,706 on eBay and for $10,996 at an in-person auction. Once the typical commissions and fees are deducted this resulted in $2,197 more from an in-person sale than from eBay. (Auction services typically charge 2.5 to 15 percent commissions, while eBay charges 1 percent, or a maximum of $250, plus a $20 listing fee).
Brian Roe, an Ohio State University associate professor of agricultural economics and one of three authors of this study, told DTN there was a distinct difference in the number of tractors that sold above and below the $20,000 level on eBay.
The online auction site offers an anti-fraud Buyer Protection Plan for business equipment purchases that refunds buyers' outlays up to $20,000, Roe said.
This coverage protects buyers from seller fraud or undisclosed equipment defects. Anything more expensive than $20,000 is uncovered which is why newer, more expensive farm tractors are fairly sparse on eBay, even though they may offer buyers the best bargains.
"We took 10 months worth of data from eBay and Machinery Pete's Farm Equipment FACT's report to compare the two," Roe said. "We also limited our study to tractors made after 1960, horsepower of 30 or more and limited the data set to 13 tractor manufacturers." The study tracked 588 eBay sales and 1,770 in-person sales.
One farmer from Ohio, speaking anonymously to DTN, said he bought a John Deere 4010 tractor, a John Deere 148 loader and pickup truck this winter on eBay. He puts up hay and likes the John Deere 10 and 20 series of tractors to accomplish this chore.
His experiences on eBay were mostly positive. He paid $6,800 for the 4010, which was sold by a Nebraskan.
"The 4010 was in really, really good shape and was represented very well by the seller which is why I was willing to pay that much for it," he said.
The buyer learned from this process as well. First of all, he did not factor in transportation costs right away, and he freely admitted this was a big mistake. He had to pay someone to haul the tractor back to Ohio which was fairly expensive considering current fuel costs.
"I had a buddy who hauls calf huts out to Kansas and if I had to do it over, I would have had him haul it back because backhauling costs much less," he said.
The other thing he learned was not to assume things. His John Deere 148 loader, which he bought for $900 and was in good shape, came with what he thought was universal mounting brackets. He found out, however, it was previously attached to an International tractor and he had to find different mounting brackets for his new loader.
"You have to be sharp all the time when you are buying, or I suppose selling, something on eBay," he said. "Scammers are out there all the time. If something sounds too good to be true then it is probably is."
The Ohio State study concluded that from the buyer's point of view, purchasing newer, more powerful tractors on eBay may offer the opportunity to find discounts, but buyers also must bear additional risk because they cannot be present to personally inspect the tractor.
For the seller's point of view, eBay may be attractive because it offers flexibility of when and where to sell and also low commissions. However, for tractors sold for more than $20,000 limit of the eBay buyer protection program, the study shows that in-person auctions generate greater total seller revenue.
"For the farmer trying to sell an older tractor, eBay may offer an attractive sales outlet, but the newer tractors seem to bring considerably less than an in-person auction," Roe, the Ohio State University professor, concluded.
Published by ukinfo under Auction News on June 5th, 2007
Don’t buy on your first visit – sample the atmosphere and get used to the pace.
Do your homework – know what you want before you go to an auction and have an idea what the car you are after is worth.
Terms and conditions – each auction house has its own terms and conditions explaining how you can buy, what the fees are etc. Familiarise yourself with these so that you don’t get surprised later on.
Don’t rush – arrive early and take time to examine the vehicle that interests you.
Do ask questions – ask auction staff, they will be happy to help.
Check the car – it’s up to you to check the car’s condition, so examine it prior to entering the auction hall. And listen to the engine running as it is driven into the auction hall.
Budget – set a limit and stick to it. Save some funds for a post sale service and any minor repairs that might be needed.
Be flexible – if you miss your first choice, don’t give up and don’t throw the budget out the window just because you like the colour of the car you’re bidding on!
Auctioneer’s description – this is legally binding, so listen carefully. The terms and conditions will explain all the terminology used.
Bid clearly – don’t wink or tap your nose, simply raise your hand or the catalogue.
May 31, 2007
Many of us who are enophiles have amassed quite a valuable collection of fine and rare wines. We appreciate the artistry of wine, drink it regularly, and often boast to our friends when we acquire a wonderful treasure. This being said, we happily proceed with our passion and pursuit of collecting, never giving a second thought to protecting our wine as we do our other valued assets.
Tom DiNardo is a licensed auctioneer, sommelier, wine educator, certified master appraiser and wine writer. © 2007 Tom DiNardo. All Rights Reserved. www.DiNardoandLordAuctioneers.com