This 1994 CaseIH 7220 tractor with 1672 hours sold for $78,500 on a Sept. 6, 2013 farm auction in southwest Iowa.
That is the second-highest auction price I've seen on a CaseIH 7220. The only higher sale price came at a Jan. 12, 2013 farm auction in north-central Illinois: A 1996 model with 2921 hours sold for $82,000.
Pete says: "January '13 was red hot, possibly the high point for used tractor values."
Come back next week for another installment of "Pete's Pick of the Week" and click here to visit the Machinery Pete blog.