| Auction Results - Feb. 10, 2010 |
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Farmland prices continue near record
VAN WERT, Ohio — Farmland prices continued to show strength Tuesday, Jan. 26, as bidders paid an average of $5,970 per acre for three farms near Van Wert and Payne, Ohio. The 483 acres of tillable land brought a total of $2,883,554.
“Prices are holding strong at near record levels, in part because there are currently more buyers in the market than there are sellers,” said Rex Schrader, president of Schrader Real Estate and Auction Company, which marketed the farms and held the auction.
The Schrader auction attracted a crowd of more than 200, including 60 registered bidders. While farmers emerged as high bidders on the tillable land Tuesday, various investors also were strong bidders, according to Schrader.
“Quality tillable land has been one of the best investments of any type through the economic turmoil of the past couple of years, and that has naturally attracted the attention of investors. This creates one of the best selling opportunities in years for farmland. As a result, anyone who has considered selling a farm would be well advised to schedule an auction before it’s too late for the 2010 crop year,” Schrader said.
For more information, call 800-451-2709.
Former John Deere dealer sells out in central Ohio
DELAWARE, Ohio — This auction offered a lot of John Deere memorabilia and toys from the estate of Henry and Josephine Miller. Almost everything was in great condition coming from their former John Deere dealerships in Delaware and Sunbury, Ohio, according to Auctioneer Ben Higgins.
The auction was conducted by Ben Higgins Auctioneers at the Delaware Fairgrounds in Delaware. The Higgins team thought it was the most appropriate place to sell this fine collection. Delaware was synonymous with the Miller’s former John Deere dealership. The auction items were moved from their large farmhouse in southern Marion County.
The auction consisted of two sessions. Session 1 started with JD memorabilia, signs, dealer plaques, brochures, etc. at 9 a.m. Session 2 started at 2 p.m. with toys in original boxes. The auction was finished at 5:30 p.m. In all over 1,100 pieces crossed the block with a great crowd of approximately 500 people. Several states were represented with the farthest buyer coming from Texas.
Highlights of record setting prices included: 1930’s 2’x6’ JD Quality Farm Equipment porcelain sign for $4,500; 1969 JD 140 toy patio lawn & garden set, $4,200; lighted hanging JF parts light, $1,750; Sheaffers JD desk pen set, $300; (2) JD 30-cup electric coffee makers, $350 each; (10) double-sided 1930’s posters, $1920; 1837-1937 JD Centennial copper wall pennies, $500; 1960’s JD 7-piece miniature historical tractor set in counter display, $600; pedal tractor highlights included JD-A, $1200; JD-JGT, $975; JD 20, $525; JD 4020, $675; and a 4020 Rops only, $310, to name a few.
Call Higgins at 740-387-5111 or e-mail higginsauctions@verizon.net for more information. |
| 2/10/2010 |
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