Bidding Frenzy at Unique Tractor and Engine Auction

An auction featuring unique tractors and antique gas pumps in Clio, Mich., drew quite a crowd

| January 2000

A treasure trove of farm collectibles drew high prices when Bob Ogorek's collection of tractors and engines was sold in November in Clio, Mich. The three-day sale featured a diverse collection of antique tractors, stationary engines, antique gas pumps, globes, signs and other collectibles. 

Jeff Doner, real estate director with auction house Kruse International, said three factors generated a strong sale.

"This was a very big collection, and it was a no-reserve auction, and it was a varied collection," he said. "There were buyers there for anything and everything. Prices for signs and gas pumps and engines were just fantastic," he said.

When prices spike, he said, it has a lasting effect on buyers and sellers.

"It generates a lot of excitement, and gets more and more people interested. And the more interest there is, the harder this stuff is to find, and the price goes up more," he said. "It gets to be a self-fulfilling prophecy."

Some "very unique tractors" also got the crowd's attention.