It’s like a game of Hot Potato.
Tractor sells for new record high auction price…few days later, poof, record gone, eclipsed by another new record high price. Case in point this past Friday, April 8, 2022, on the Schwebach farm retirement auction in Ritter, IA by my good friends at Vander Werff and Associates, Inc. (www.vw72.com).
1996 CaseIH 7220 2WD with 5085 hours, sold: $75,500
Pete’s Note: “$75,500 is new record high auction sale price on 2WD 7220, topping the just set record price of $72,500 on our 3/22/22 Machinery Pete Monthly Online Auction on 1995 model 2WD 7220 with 3257 hours (Mark 50 Edition) from Athens, IL. Prior to that the highest ever auction sale price on a CaseIH 7220 2WD was $70,000 - all the way back on 12/7/07 farm auction in Paris, IL”
2009 CaseIH Magnum 190 with 2384 hours, sold: $119,000
Pete’s Note: “$119,000 is new record high auction sale price on Magnum 190 by $11,000 over former record price of $108,000 from 7/23/15 farm auction in New Holstein, IA on 2011 model Magnum 190 with only 639 hours”
HIGHEST AUCTION PRICES ON CASEIH MAGNUM 190 TRACTORS
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Pete
Machinery Pete