Even record prices that shatter former record high auction prices don’t last long these days.
Case in point, the 1983 IHC 5488 tractor with 6731 hours sold for $51,500 back on November 30, 2021 online farm auction in Ogden, IA by Sullivan Auctioneers (www.sullivanauctioneers.com). $51,500 broke a record price that had stood for exactly 21 years, and not only broke it, smashed it by $17,500.
Yesterday that $51,500 record price was obliterated on an online farm auction in Conquest, SK by our friends at Ritchie Bros Auctioneers (www.rbauction.com). Here’s the tale of the tape.
1984 IHC 5488 with 7755 hours sold for $87,000 CAD = $69,600 (US)
HIGHEST AUCTION PRICES ON IHC 5488 TRACTORS
Here’s a picture of the 1983 IHC 5488 with 6731 hours sold for $51,500 on the 11/30/21 online farm auction in Ogden, IA…the former record holder.
"Tractor Specs" on IHC 5488’s: International Harvester 5488 Tractor Specs | Machinery Pete
(5) IHC 5488’s for sale today: Used International Harvester 5488 Tractors for Sale - 5 Listings | Machinery Pete