Machinery Pete Podcast

Machinery Pete and auctioneer Kurt Aumann with Aumann Vintage Power of Nokomis, IL discuss the collector tractor market, including the 1971 IHC 1066 (1st one made!) with 2,993 original hours Aumann sold it for a new record price of $86,100 on a 9/22/20 collector auction in Iowa. Aumann tells stories on the following record price setting tractors he's sold over the years (IHC 1468 for $52,000 in Kansas in 2017; John Deere 4000 gas Power Shift for $82,500 in Minnesota in 2015; Oliver 2255 FWA for $56,700 in Illinois this year.

Show Notes

Machinery Pete and auctioneer Kurt Aumann with Aumann Vintage Power of Nokomis, IL discuss the collector tractor market, including the 1971 IHC 1066 (1st one made!) with 2,993 original hours Aumann sold it for a new record price of $86,100 on a 9/22/20 collector auction in Iowa. Aumann tells stories on the following record price setting tractors he's sold over the years (IHC 1468 for $52,000 in Kansas in 2017; John Deere 4000 gas Power Shift for $82,500 in Minnesota in 2015; Oliver 2255 FWA for $56,700 in Illinois this year.
  • [:35] - Machinery Pete previews his conversation with Kurt Aumann
  • [3:37] - Interview with Kurt begins
  • [4:55] - Unbelievable new sale record set for the IHC 1066
  • [7:21] - What Kurt was hoping to sell for and the reaction to the high price
  • [10:21] - Where did the tractor go?
  • [12:06] - Memories of some of Kurt’s top tractors sold
  • [25:30] - Following the data on antique and hobby tractors
  • [31:48] - How will we look back on today’s tractors in the future?
  • [36:43] - Kurt’s start in the auction business
  • [40:05] - Live auctions in 2020
  • [50:00] - Upcoming Aumann Auctions
  • [57:55] - Final words from Machinery Pete

Machinery Pete was founded in 1989 and has grown from its humble beginnings to a full-fledged marketplace for farming equipment. Greg Peterson, founder and host, has also released Machinery Pete content across platforms including YouTube with his long-running Machinery Pete TV show.

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What is Machinery Pete Podcast?

Welcome to the Machinery Pete Podcast hosted by Greg Peterson, known to the industry as Machinery Pete. For over 30 years, Greg has been a trusted source of knowledge in the farming equipment industry. Starting with a gut feeling, Greg set off to bring more and better data to the agriculture space. He’s been a voice you can trust, no matter where you’re listening or reading.

In this podcast, Greg will be sharing stories and conversations from around the industry. The kinds of conversations that are longer and more meaningful than just a few soundbites. He’ll be adding context and color to stories from good people that make up the agriculture space. He’ll also be sharing the types of insights, trends, farming news and used farm equipment values from around the country that you’ve come to expect from him.

Founded in 1989 by Greg Peterson, Machinery Pete has come a long way since its beginnings in Greg Peterson’s home office in Rochester, Minnesota where he passionately researched, tracked and reported on auction prices. In 2014 Farm Journal and Machinery Pete partnered to provide a more efficient marketplace for buying and selling used ag equipment.


In July of 2015, MachineryPete.com launched its marketplace with leading-edge marketing solutions for dealers, informed and built with the online equipment shopper in mind and creates meaningful connections between buyers and sellers. The company is headquartered in Chicago, IL.

You can find out more at https://www.machinerypete.com/podcasts