[SEL] Didn't want to sell

[Ed Herreid]

Good thread George,
 
I guess this would qualify as an offer to buy.
 
At our home show a a few years back a "wannabe collector" came around asking everyone showing if they had any engines for sale and announced he had $2000 to spend do you think he could find anything to buy for that.   You know, everyone attending a show asks where can I buy one.  Most were polite and said no and did not take him seriously.  Eventually one of the old timers said "Sure that one there is for sale for $1000".  And sold him a relatively common running engine for what most would consider valued at 1/3 of that price.  
 
The rest of the story is that after that he became hooked and became a member of the club and continued buying engines everywhere they could be found and currently has a collection most would envy.  Some were bought at above market value and some below.  Goes to show you that the value is whatever someone is willing to pay for it on that particular day.  
 
Ed Herreid
 
BTW George,  What is the status of that New Holland engine you were remorsing about buying a while back.  > Date: Wed, 23 Jan 2008 09:38:47 -0600> From: George_Best at adp.com> To: sel at lists.stationary-engine.com> Subject: [SEL] Didn't want to sell> > Years ago there were a couple of tractor collectors that I knew. The> one collector had some tractors that today would be very expensive ones> to buy and were still pretty valuable when this story took place.> > The second collector asked the first one if he'd sell him a couple of> the tractors.> > The first collector didn't really want to sell so he said, "Sure, I'll> sell them for $xx,xxxx!" which was a lot more than he thought anyone> would pay.> > To his amazement, the second collector whipped out his checkbook and> bought them!> > I was hoping that $20k was outrageous enough that even with the Royster> oil fortune, you wouldn't take me up on my offer ;-)> > So here's a question for the group to answer:> > Have you ever offered something you didn't want to sell for a very high> price and had the buyer accept your price?> > George> > -----Original Message-----> From: sel-bounces at lists.stationary-engine.com> [mailto:sel-bounces at lists.stationary-engine.com] On Behalf Of Mike> Royster> Sent: Tuesday, January 22, 2008 7:13 PM> To: The SEL email discussion list> Subject: Re: [SEL] Aermotor was My Homepage> > It's like that old joke, now that we know it's for sale, we are just> haggling about the price!!!!> > Mike> ----- Original Message -----> From: "Best, George" <George_Best at adp.com>> To: "The SEL email discussion list" <sel at lists.stationary-engine.com>> Sent: Tuesday, January 22, 2008 5:35 PM> Subject: [SEL] Aermotor was My Homepage> > > > Sure Mike!> >> > Give me $20k for it and I'll deliver it to Portland IN for you ;-)> > > This message and any attachments are intended only for the use of the addressee and may contain information that is privileged and confidential. If the reader of the message is not the intended recipient or an authorized representative of the intended recipient, you are hereby notified that any dissemination of this communication is strictly prohibited. If you have received this communication in error, please notify us immediately by e-mail and delete the message and any attachments from your system.> > _______________________________________________> SEL mailing list> SEL at lists.stationary-engine.com> http://www.stationary-engine.com/mailman/listinfo/sel
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