520 on evilbay

Im not sure why its ridiculous. To restore one to that shape with the work that has been done to it, plus the documentation, you would probably have as much if not more into it, especially counting your time and way more if you have someone else do it for you. As long as it runs and drives as good as it looks, someone probably got a fair deal.
 
Some of you guys have been sleeping. About 1/2 of the Deere dealers of the 2000's have been closed. Deere parts are up probably 50-70% over that time. One cannot afford to restore these older tractors and if it was done, it would look like this to an expo cost. Some people have a lot of money to place somewhere with the interest at 1-2% so here it is.
 
Some of you guys have been sleeping. About 1/2 of the Deere dealers of the 2000's have been closed. Deere parts are up probably 50-70% over that time. One cannot afford to restore these older tractors and if it was done, it would look like this to an expo cost. Some people have a lot of money to place somewhere with the interest at 1-2% so here it is.
 
I have been watching it and really trying to figure out why the bidding is going through the roof. I have an expo quality restored JD 520 and a JD A. To me, his 520 is nice, but for that kind of money, I would at least expect it to be 100% correct. I mean, the 520 didn't come out with polished or unpainted bolts and it didn't have all the rubber tips on all the handles. It also has the wrong front wheels and I think that muffler may have been optional on the '58 models. To me, that doesn't make it worth a penny more. I really don't see what all the fuss is about with this one. Looks like a typical nicely painted 520 to me.

If it's worth over $13K then I might have to think about putting mine on fleabay also. I have all the original manuals and such and it looks as good as the one on ebay. Just not the dealer bill of sale or shipping tickets. To me, the guy selling it was just a good salesman with all the bs in the description. The person who probably bought it, bought it without knowing anything about a 520 and have never set in the seat of one. Hence, the sales job was a huge success.
 
It's got a good story to it and sounds like the paperwork to back up that story as well as being in Green Magazine. Sure looks like a pretty sharp tractor to me as well. My wallet couldn't afford that tractor, but if the buyer is happy then it was a good sale.
 
If you read the listing of everything done, and he has the paperwork, I can see that price. I've put $12000 in one, and didn't do the tranny or power-trol.!!! (Good thing the wife doesn't read this forum)
 
The 50/520/530's seem to fetch strong prices for nice examples 530's in particular. I'm not sure why. Maybe fewer of them were made. They are a very attractive little tractor. Maybe they fit into a suburban garage better than their bigger brothers and therefore appeal to a larger base.
 
To suggest that this or any other non rare Waterloo is "worth" the price due to the expense of restoring them is a farce. They are seldom restored for less than they are worth, most times you are "upside down" on value when you are done, especially if you do it right and use NOS parts.
Someone could have been "pushing" the bid and happened to catch an unknowing "wanna be collector".
The bottom line is if the buyer is happy, we KNOW the seller is delighted.
But there is nothing rare about this 520. The documentation adds some value but does not double the price.
Try selling for that price again and see what happens.
 
I'm jealous ! I wonder if 1goodauctioneer could get me any where near that for my tractors which are just as good. I don't have the papers ? are the papers worth $ 10,000 ?
 
I emailed the seller and said for $20,000 spent on it, why does it have the wrong front wheels and muffler, and boy did he get mad! He said to me to keep my comments to myself and "no wonder why everyone on ytmag doesnt like you" lol whatever. To each their own. Granted it was a very nice tractor, was it worth $13,000, if the buyer is happy yes, do they sell for $13,000 consistantly? Absolutely Not. Oh well, what can ya do.
 
Well, I cannot say what has been done to it, as I only saw the posting after it closed and didn't get the details. I am not offended by the price, but I certainly would never pay that much, primarily because if it is that nice, I wouldn't want to move it of the shed!! But that's just me. I hope the buyer got everything he paid for.
 
Harlan,

Here we go again. You get all bent when people judge you or the prices you put on your items, but you don't hesitate to judge the pricing practices of others. Please practice what you preach. If it is too expensive, it will not sell. If it sells, then it was priced appropriately for someone.
 
Dennis Wegner, Get off my back already, you obviously know when something is priced outrageously, thats why you still have the Industrial 50, the Barber Greene 50, the Experimental 50, The Low Production 50, The Earliest Known to Exist 50, the Rare 50, Or whatever other alias you used to try to sell it. $25,000 for a barber greene 50? Id much rather pay $13,000 for a restored 520 with incorrect front wheels, either get off my back already, or call me 507-219-0599 and we can talk it out.
 
Harlan (aka "mnjdguy"),

Wow, you are just a little bit touchy today. We have not had a conversation for many, many months so I can"t see that I am "on your back". What part of what I posted seemed to bother you the most? I must have struck a nerve (or simply told it like it is). If I remember correctly, we last communicated when you insisted you were not hiding behind the alias "mnjdguy" to attack me. All of that exchange is available for anybody to read in the archives. However, here you go again, suggesting that I was/am asking $25,000 for my Model "50" Barber-Greene. What planet do you live on? Up until recently that tractor was NEVER listed with a price, and no one ever got that number from me. The truth is you wanted to buy it for $4000.00 (that was your offer) and I declined. You have had it out for me ever since. Sounds like you now have it out for the guy that listed the 520 on eBay. He must have turned down your offer and now you are pouting. You probably made him a low-ball offer and if he had accepted, you would have asked twice that amount when he listed the tractor on eBay a week later. That is all of have to say on this subject, so don"t bother trying to get a thing going here.
 
Some people like to refurbish tractors and change things to their liking. I would not bash a tractor for not being original.

Me personally I have an A that I have fixed up once already 10yrs ago. In the future I want to redo it 100% to factory specs. The other Jds I have, I am going to redo them however I feel like doing them.
 
I know the person that bought the tractor he has a complete set of 30 series tractors that have all been showed at expo and he is now starting a 20 series to be shown at expo. He is very happy to own it and said himself if he had to buy a 520 and then restore it to this condition with going through everything he would have more than what he paid and feels he actually got a good deal on the tractor. What many don't understand is that there is a difference between a tractor that is restored to show at your local show and a tractor that is expo or museum quality. Yes you can buy a 520 and restore it for less than this. You could not buy a 520 and do everything that has been done to this tractor for 13,800. There was an original 520 that sold sat. at an auction right of the farm for $4,900. Now start adding things up. Automotive (expo) painting (after stripping and sandblasting) $3500-5000, New tires $1400, Overhaul $1500. Thats about $12k (using a middle of the road number for paint) yes painting and prep is that expensive for having it done right. Now go back and look at the list of other things that were rebuilt and done to this tractor and then see if it brought too much. I think it was a fair deal to be honest.
 
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