If you kick around the used farm equipment world long enough, every now and again you’ll come across the Holy Grail of auction finds: low-hour, premium condition (i.e. like new) pre-DEF machines.
Greg “Machinery Pete” Peterson likes to call them “barn finds.”
This week’s Pete’s Pick of the Week is a pristine barn find that brought home a big return for its 89-year-old owner:
Last Wednesday at an online farm equipment auction in Viroqua, Wisc., a 2002 John Deere 7810 2WD row crop tractor with only 915 engine hours (shown top of page) sold for $158,392, which absolutely destroyed the previous record high for a 2WD 7810 by over $45,000.
Another notable transaction from last week was a 1990 Case IH 7120 FWD tractor with over 4,000 engine hours (shown above) that sold for $61,000 at BigIron.com’s Rodney Patterson Farm Retirement online auction in Stratford, Iowa. It represents the second-highest all-time auction result for a 7120 with over 4,000 hours.
And this dealer-owned skid steer set a record for a used Case IH 435:
“You don’t see them very often, but they’re out there, more often than people think,” Pete says of the barn find John Deere 7810 and Case skid steer. “The guy probably retired decades ago and kept it to move some snow or something and it hardly had any hours on it. These pre-DEF, low-hour, barn finds always, always attract big money.”
And another notable auction result from the Rodney Patterson sale was a 1988 Case IH 1660 combine with 3,801 hours (shown above) that sold for $15,250.
Auction Market Insights
Pete shared a couple observations on the used farm equipment auction circuit during his appearance on AgriTalk this week:
His data shows that farm equipment auctions are up 14.5% through the end of September, year over year. And Pete anticipates an uptick in “whole farm fleet liquidations” in the months ahead and into 2026 due to the ongoing farm economy depression and many farmers aging out of active farming.
“[Right now] we’re just on the front end of this; the end of the year is going to be very busy as far as the number of auctions,” Pete says. “[There’s] all these different stressors and uncertainties out there, and combined with the fact the average age of the American farmer is older than me — and I’ll be 60 in a few weeks … yeah, there’s going to be a lot of auctions.”
Upcoming Auction to Watch
On Nov. 4, McGrew Equipment (Seven Valleys, Pa.) will host an auction featuring 150 skid steers (including an ASV PT100 with 141 hours) and several nice used tractors, like the Deutz-Fahr 5110G in the video above with only 33 hours. You can find more details at mcgrew-equipment.com.
