5020 with serial number 1

Newbie to this site so forgive me if this post is in the wrong forum. Now down to business..... My Dad has a 5020 4WD with the serial number of 1. That's right #1. Everything works great. No issues with the 4 wheel drive. Seat cushion is pretty much toast, but everything mechanical works good yet. My question is this... We are attempting to sell this fine machine and wondering if any collectors out there would pay extra because of the serial number. We would prefer to keep it to a local sale (North Iowa) and wondering if you guys/gals could offer up a suggested sale price based off the #1 serial number.

First off let me say I have a 2WD 5020 and absolutely enjoy it! That being said I personally don't think # 1 5020 holds the same merit as a serial number 1 tractor that rolled out of West Allis. My main reasoning behind my opinion is it may be # 1 Allis but since Massey and Hinomoto sold the same tractor it would be hard to authenticate the "real" first tractor. JMHO, Eric

Serial numbers started at 1001 on the 5020 in 1977 according to tractordata.com 

It sounds like I'm getting some doubt from you guys as far as authenticity about this tractor. All I can tell you is that my Dad bought this tractor from an Allis Chalmers dealer in early 1978 with about 20 hours on it. He said the dealer used it for about a year on his own property before selling to my Dad. It has never left his acreage since then. The serial plate under the steering wheel has only the number 1 on it. The transmission housing has 00001 stamped in the housing. 

alan-nj wrote: Was FWD an option from the beginning of production?  or did it come along later like the 12 speed trans...??

Available from the beginning

I gave $2000 for my 5020 2wd, so I guess it would be worth $2500 - $3000.  Probably depending on the condition of the tin, and tires, and overall operation of the tractor.

I also realize it's a Hinomoto made tractor for AC. So I understand the reasoning of lesser value since it's not a true AC. We have already taken that into account. I appreciate the feedback and input. Other than this little AC yard tractor, we grew up on green machines. 

MarkJ wrote: I also realize it's a Hinomoto made tractor for AC. So I understand the reasoning of lesser value since it's not a true AC. We have already taken that into account. I appreciate the feedback and input. Other than this little AC yard tractor, we grew up on green machines.

Sorry to hear that, and we won't hold that green thing against you 😉

Edited by EricPA - 28 Jul 2016 at 7:52pm

Lonn wrote: If it's really nice maybe could grab closer to $4000 or even $5000. http://www.tractorhouse.com/listings/farm-equipment/for-sale/list/category/1111/tractors-less-than-40-hp?NotFound=1&Manu=ALLIS-CHALMERS&Mdltxt=5020&mdlx=Contains Mind you, those are asking prices.

MarkJ wrote: Lonn wrote: If it's really nice maybe could grab closer to $4000 or even $5000. http://www.tractorhouse.com/listings/farm-equipment/for-sale/list/category/1111/tractors-less-than-40-hp?NotFound=1&Manu=ALLIS-CHALMERS&Mdltxt=5020&mdlx=Contains Mind you, those are asking prices. Lonn, I see you're SE Minn. I'm NE Iowa. Any chance you're near the Iowa border?

Near Hayfield. My MIL and FIL were in LeRoy MN but are in the process of moving to Chester IA. I just moved my oldest down to Decorah on Sunday.

Lonn wrote: It's a looker!

Edited by MarkJ - 28 Jul 2016 at 2:35pm

It is a nice looking tractor! Is the tiller Allis also?

EricPA wrote: It is a nice looking tractor! Is the tiller Allis also?