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Machinery Pete

RSS By: Greg Peterson,

Learn how to better manage your machinery investments from Greg Peterson, a.k.a. "Machinery Pete." He's been researching and analyzing machinery auction prices for more than 20 years.

Shining Spotlight on Ohio Sale Saturday

Sep 05, 2013

I'm salivating.

Salivating looking at pics of the following (4) items up for sale on a very small farm auction this Saturday (September 7, 2013) in New Reigel, OH by my good friends Doug and Eileen Walton with United Country - Walton Realty & Auction Co., LLC. Here's the rundown:

1981 JD 4240 tractor with 5,509 hours, Power Shift

JD4240 OH WaltonUC


1984 MF 550 combine with 2,067 hours, 15' grain head

MF550 OH WaltonUC


IHC 510 18-7 grain drill with seeder

IHC5100 OH WaltonUC


Kinze 2000 6-row corn planter, < 1,500 acres

Kinze2000 6R OH WaltonUC

Here is a link to the sale bill:

That JD 4240 sure is a looker. Here is a list of a few of the highest auction sale prices I've seen the past 20 months on JD 4240's:

Year Hours Cond. Price Date Area* Specs
1978 3,452 Exc. $32,000 8/28/12 WCMN QR
1979 3,879 Good $30,750 11/17/12 SWMN QR
1980 ? Good $26,500 6/8/13 NEIA PS
1981 3,380 Good $24,750 6/1/13 ECIA PS
1981 5,820 Good $27,750 4/10/13 NETX w/Loader
1981 4,791 Exc. $34,500 2/28/12 ECNE QR, 2nd owner
1982 2,612 Exc. $32,500 9/22/12 WCMN PS, 1 owner
1982 3,444 Exc. $35,000 11/24/12 SEMN  

* Area sold: SEMN = Southeast Minnesota, etc.

The 1982 JD 4240 with 3,444 hours sold for $35,000 highlighted in the table...that is the highest auction sale price I've seen on a JD 4240. For latest in auction sale price data and equipment available on upcoming machinery auctions all over, go to

Machinery Pete's Youtube Video Channel:


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