$40K for a Farmall H?

That drawbar would indicate very little use, at least as far as towed implements such as a plow, disk, rake, etc. go. I am curious about the hood being a darker red than the rest. I wonder if there were 2 ot more family members that wanted it to bring $40,000.
 
I would guess the hood is darker due to many years of greasy hands taking it off and putting it back on, staining the paint. From the Hemmings writeup on the sale:

The top-selling tractor was this unrestored 1952 Farmall H with original owner’s documentation, which sold for $40,000. Granted, it had very limited usage, probably less than 200 hours in over 50 years, but similar unrestored Farmall Hs have sold in the $1500 to $2000 range over the last decade. We are not sure why this one was bid into the stratosphere, but it proves the premise that any lot is worth exactly what the highest bidder is willing to pay for it. A restored 1949 Farmall Model H sold at the same auction for $1,800, while two 1953 Super Hs sold for $3,000 and $3,250.
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http://blog.hemmings.com/index.php/...he-price-gamut-at-mecums-gone-farmin-auction/
 
According to Max Armstrong, who did the taping for RFD-TV, the tractor was an original 1952, last year they were made, and the owner bought the tractor new and used it to cultivate for a few years and maybe pulled a 2 bottom plow once or twice. It was always kept in a shed and lightly used its entire life.

It would be nice to hear the entire story but that is all I have read. The tractor was close to the end of production and original and that is what made the sale according to some.

To spend that kind of money on an H is kinda crazy but to some money means nothing when they see something they want. And of course, it takes 2 people crazy enough to bid that way.
 
Jason (IL)":iqk7o1rm said:
According to Max Armstrong, who did the taping for RFD-TV, the tractor was an original 1952, last year they were made, and the owner bought the tractor new and used it to cultivate for a few years and maybe pulled a 2 bottom plow once or twice. It was always kept in a shed and lightly used its entire life.

It would be nice to hear the entire story but that is all I have read. The tractor was close to the end of production and original and that is what made the sale according to some.

To spend that kind of money on an H is kinda crazy but to some money means nothing when they see something they want. And of course, it takes 2 people crazy enough to bid that way.
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Mecum Auction says it cultivated corn one summer and then the original owner quit farming.
Last year an original IH 1566 with less than 500 hrs. brought $45,000. That I can see, it's a 160 HP tractor. That H is really nice and unusual, but I think it sold for what it did because two bidders got together that had more money than sense. The worst part is, there are lots of yahoos out there that will now think their $1000 H is worth $10,000.

Al
 
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