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1972 JD 2520 Tractor Sold for Record $23,250 on NC Auction

January 7, 2011

 by Machinery Pete

DSC08379 large 1972 JD 2520 Tractor Sold for Record $23,250 on NC Auction
This 1972 JD 2520 tractor sold on a farm estate auction Jan. 6, 2011 in Murfreesboro, NC for $23,250, a new record high auction sale price

Bidders flew in from Texas, Indiana and Ohio.

All to take a shot at the 1972 JD 2520 tractor (PS, side console, SN# 023060R) up for sale on today’s Jan. 6, 2011 farm estate auction near Murfreesboro, NC. The sale was by Rich and Rich Auctioneers International, Inc. A new record high auction sale price was realized with the buyer coming from Canada.

It sold for $23,250.

The late Vernon Joyner took very good care of his line of John Deere tractors over his farming career. It certainly showed in the sale prices on today’s auction. Other examples:

1969 John Deere 3020: $8,900
JD L, unstyled: $13,250

The previous record high auction sale price I have compiled on a JD 2520 tractor came this past July, on a huge collector auction in Wolf Point, MT July 17, 2010. A John Deere 2520 tractor on that auction sold for $18,500.

About Machinery Pete: Greg “Machinery Pete” Peterson has been working in the agricultural industry for 21 years and details agricultural equipment prices and trends at his website, Machinerypete.com. Greg also writes columns for Successful Farming magazine, Implement & Tractor magazine, Agriculture.com web site and also appears on the Machinery Show on RFD-TV.

pixel 1972 JD 2520 Tractor Sold for Record $23,250 on NC Auction

  • Bob

    Pete,

    I know of at least 3 2520 rowcrop diesel powershifts that have beat that price. 2 at an auction in Le Mars IA, were 28500 and 31000. They were restored. One at Brinley’s Auction in Idabell, OK ended at 27500. It was an original, with around 3000 hours.

  • http://www.machinerypete.com Machinery Pete

    Bob,
    Thanks for your note! Sound like (3) beauties :-) Were those sold on Consignment auctions? I think Idabel, OK is a monthly sale, LeMars, IA also? Unless I can get through to auctioneer on consignment sales and verify what items sold and which didn’t meet reserve price, then we’ve always shied away from reporting on those sales. I’m sure these (3) did move based on those STRONG prices. Do you recall roughly when they sold? I can try to backtrack with auctioneers to check ‘em out. Thanks again for your note.

    Pete

  • Bob

    I know where the tractor that sold at Idabell, OK went. I know the buyer very well. Call Larry, the owner at Brinkley’s for the exact price and date.

    The sale at Le Mars, IA was July 8 or 9, 2009 and was conducted by Matthews Auction and Girard Auctiion. A hicrop 2520 was knocked down at $64000 and the two 2520 row crop diesel powershifts were 26000 and 31000. I was a little high on the first one. There were several very high prices on several different New Gen tractors.

    Probably the hottest New Generation sale I have ever been to.

  • Kirby Southerland

    What makes the 2520 a valuable tractor?i have a 1972 2520with around 3500 hrs.its in great shape.

  • http://www.machinerypete.com Machinery Pete

    Kirby,
    Configuration (diesel, Power shift) can make sale prices go UP on 2520′s. Another factor working toward RISING value is the strong movement to what I call the “New Collector Tractor”….basically very nice original or restored tractors from the mid 1960′s – mid 1970′s. Here’s link to Youtube video I shot on 8/11/12 farm auction in southeast Minnesota, pair of 1970 JD 2520′s selling for $20K+ http://www.youtube.com/watch?v=lR83UzMzQM0

    Pete
    Machinery Pete