Posted August 27, 2016 - 08:03 AM
Without all the details, I have to go on my gut instincts. The family is wearing rose colored glasses and allowed their sentimentality to get in the way. I'm not saying the offers weren't lowball, but the people who collected those tractors are a thinning herd and the tractors may well end up with a much less spectacular end than being owned or used by a current collector.
The owners refused the bids (as is their right) and the Auction Company has gotten a bad reputation for it. They got their cut, I'm certain... But those may be the highest bids those tractors see and the next auction like this will get even lower attendance and bids.
20 years ago, this would've been a banging auction with major dollars involved... Times, they are a changing
Gtractor, Cvans, shorty and 1 other said thanks