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Learn how to better manage your machinery investments from Greg Peterson, a.k.a. "Machinery Pete." He's been researching and analyzing the machinery market for more than 26 years. Let Machinery Pete help you find and value your next piece of farm equipment at MachineryPete.com.
Ivo Gottemoeller of Fort Loramie, OH had quite a collection of red tractors.
Saturday (June 23, 2018) they sold on his farm estate auction. Folks had been talking about this sale for quite a while. Beautiful shiny red line of tractors will have that effect on people.
So how did they sell on Saturday's sale? Here's a run down for you:
Auction Prices - Ivo Gottemoeller Collector Estate Auction 6/23/18
* Data by http://www.MachineryPete.com
Here's a picture of the IHC 5288 2WD with 3,892 hours sold for $23,000. Sharp.
How does $23K stack up for a sale price on a nice sharp low hour 5288? See for yourself...here's a look at what 5288's have sold for at auction over the past 12 months:
Recent Auction Prices on IHC 5288 Tractors
You can view some cool video of lot of these classic red tractors selling on the auction Saturday at Polk Auction's Facebook page, here's a link: http://www.facebook.com/polkauctioncompany/
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