Ohio Land And Equipment Bring Top Dollar

Ohio Country Journal:

The Donald and Janet Hockman Auction, just outside of Bremen in Fairfield County in late March, attracted 1,200 people. The beautiful 71-acre farm with nice buildings, grain bins and a ranch home sold for $470,000 at a Leith Auctions sale. In terms of equipment, an original, un-restored 1972 JD4020 with 3,600 hours brought record price of $28,000 with bidders from 4 states. A 1992 JD9400 combine with 1679/2658 hours in excellent condition with bidders from 3 states brought $49,500. Other highlights from the auction include:

• An outstanding 1930 Ford Model A two door coupe with rumble seat and overdrive in award winning condition for $18,500
• ’99 JD3400 tractor with 4×4, deck, front blade & 685 hours for $15,000
• ’04 JD Gator HPX with 4×4 & 284 hours for $7800
• JD1560 NT drill (10-foot) for $18,750
• Ford 555A backhoe for $14,000.

On the same day, there was Stanley & Son, Inc. Burton Trust Auction for a 157-acre Pickaway County farm with a final bid and selling price of $7,200 per acre. Earlier in the season, CK Clemans LLC had Stanley & Son sell 91.9 acres of farmland in Licking County for $6,900 per acre with an additional $16,000 for 11.6 acres of timber rights.

Jeez, this can't last forever.  I really get the feeling I should be selling out instead of trying to expand.