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Last Allis Built-$46,000
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ac45dave View Drop Down
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Joined: 23 May 2015
Location: SE(IN)
Points: 1345 		Post Options Post Options   Thanks (0) Thanks(0)   Quote ac45dave Quote  Post ReplyReply Direct Link To This Post Posted: 24 Aug 2016 at 12:26am
the nephews were the sellers of the tractors,marilyn fanetti didn't own them.she just had the legal right to buy what she wanted after the fact.

Edited by ac45dave - 24 Aug 2016 at 12:29am
54 wd-45gas ; 56 wd-45d N/F w/fact p/s ; 63 d-17 sIII N/F gas ; 60 D14 N/F ; 67 d-17 sIV N/F gas ; 63D15 sII W/F; 39rc#667 ; 2021 massey 4710 fwa ; gravely 2 wheel tractors
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JayIN View Drop Down
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Joined: 18 Dec 2009
Location: SE/IN
Points: 1982 		Post Options Post Options   Thanks (0) Thanks(0)   Quote JayIN Quote  Post ReplyReply Direct Link To This Post Posted: 24 Aug 2016 at 3:50am
Not good......stay tuned.......
sometimes I walk out to my shop and look around and think "Who's the idiot that owns this place?"
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Fred in Pa View Drop Down
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Joined: 13 Sep 2009
Location: Hanover Pa.
Points: 9210 		Post Options Post Options   Thanks (0) Thanks(0)   Quote Fred in Pa Quote  Post ReplyReply Direct Link To This Post Posted: 24 Aug 2016 at 6:26am
Originally posted by JohnCO JohnCO wrote:

There is a post here that the seller has a court order allowing her to purchase any of the tractors sold for the selling price.  If she were smart, she will keep the 6070.  I still think AGCO should have bought it and proudly displayed it at the headquarters and maybe a show or two.  That's not gonna happen.






Agco would not make money doing that .
He who dies with the most toys is,
nonetheless ,still dead.
If all else fails ,Read all that is PRINTED.
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Tbone95 View Drop Down
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Joined: 31 Aug 2012
Location: Michigan
Points: 12155 		Post Options Post Options   Thanks (0) Thanks(0)   Quote Tbone95 Quote  Post ReplyReply Direct Link To This Post Posted: 24 Aug 2016 at 6:45am
Originally posted by Lonn Lonn wrote:


Originally posted by Tbone95 Tbone95 wrote:

Originally posted by Lonn Lonn wrote:

You can get 2% compounded daily??? Why am I missing out??? I'm sure you misstated or I took your statement wrong. Compound .000054795% daily to get an annual rate of 2%.

$25,000 x .02 = $500 on the first day earned. 2% yearly interest rate is about $1.37 on the first day. I'm not sure what that works out to be over 25 years. 


Probably just means 2% annual interest, compounded daily, so you're both correct. You can make the compounding period from annually to daily to "continuously" where you use the exponential function, which between that and daily ends up being pennies a year for a given interest rate.
Yep I get what he meant. It just didn't ring right in my ear when I first read it. Is this still "interesting"? Pun intended.


Touche!
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injpumpEd View Drop Down
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Joined: 13 Sep 2009
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Points: 5094 		Post Options Post Options   Thanks (0) Thanks(0)   Quote injpumpEd Quote  Post ReplyReply Direct Link To This Post Posted: 24 Aug 2016 at 12:34pm
one thing I keep noticing on the talk of this 6070, yes it's the famous last tractor to roll off the West Allis line, but most keep forgetting that it is still a brand new tractor. That jewel is like a time capsule!
210 "too hot to farm" puller, part of the "insane pumpkin posse". Owner of Guenther Heritage Diesel, specializing in fuel injection systems on heritage era tractors. stock rebuilds to all out pullers!
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macvette View Drop Down
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Joined: 13 Jun 2011
Location: nekoosa, wi
Points: 1657 		Post Options Post Options   Thanks (0) Thanks(0)   Quote macvette Quote  Post ReplyReply Direct Link To This Post Posted: 25 Aug 2016 at 10:20pm
From what I read on another post on the forum, it appears that Marilyn Fanetti did purchase the 6070, and 19 other tractors in the collection - however, don't know how the person who posted the info found out about this, nor the accuracy of the information.

(Believe that post is related to  "disappointed buyers from the auction")
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JayIN View Drop Down
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Joined: 18 Dec 2009
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Points: 1982 		Post Options Post Options   Thanks (0) Thanks(0)   Quote JayIN Quote  Post ReplyReply Direct Link To This Post Posted: 26 Aug 2016 at 5:05am
The point missed was----I see people all the time paying $50,000 for a fancy new pickup and no one gives it a second thought. The last Allis built in the world gets only bid to $46,000. If that new Chebby is worth $50,000 then the Allis should sell for about $200,000. Turns out that it was a crooked sale, anyway. Perspective.
sometimes I walk out to my shop and look around and think "Who's the idiot that owns this place?"
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Joe Graunke View Drop Down
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Joined: 14 Sep 2009
Location: Clayton WI
Points: 659 		Post Options Post Options   Thanks (0) Thanks(0)   Quote Joe Graunke Quote  Post ReplyReply Direct Link To This Post Posted: 26 Aug 2016 at 10:21am
Originally posted by macvette macvette wrote:

From what I read on another post on the forum, it appears that Marilyn Fanetti did purchase the 6070, and 19 other tractors in the collection - however, don't know how the person who posted the info found out about this, nor the accuracy of the information.

(Believe that post is related to  "disappointed buyers from the auction")

One of the auctioneers is my seed dealer and good friend. That's how I found out

Edited by Joe Graunke - 26 Aug 2016 at 10:34am
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DougS View Drop Down
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Joined: 03 Nov 2011
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Points: 2490 		Post Options Post Options   Thanks (0) Thanks(0)   Quote DougS Quote  Post ReplyReply Direct Link To This Post Posted: 26 Aug 2016 at 10:30am
Auctioneers? An on-line auction? I bet there are countless web builders who could have done the same thing for far less than 5%.
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AllisandGleaner View Drop Down
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Joined: 04 Mar 2016
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Points: 360 		Post Options Post Options   Thanks (0) Thanks(0)   Quote AllisandGleaner Quote  Post ReplyReply Direct Link To This Post Posted: 11 Mar 2017 at 8:20pm
Where did this tractor end up? Because the Southeast old thrashers reunion is featuring "Allis's of the East" and thought since Allis was going to be the featured brand that it would be real nice to have the last tractor they ever made there.
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macvette View Drop Down
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Joined: 13 Jun 2011
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Points: 1657 		Post Options Post Options   Thanks (0) Thanks(0)   Quote macvette Quote  Post ReplyReply Direct Link To This Post Posted: 11 Mar 2017 at 8:58pm
Joe is correct. I found out from a credible source as well. Would expect it is still in Wisconsin, but cannot confirm that.
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210Postin View Drop Down
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Joined: 06 Oct 2016
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Points: 151 		Post Options Post Options   Thanks (0) Thanks(0)   Quote 210Postin Quote  Post ReplyReply Direct Link To This Post Posted: 11 Mar 2017 at 9:03pm
she did buy the tractor
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JayIN View Drop Down
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Joined: 18 Dec 2009
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Points: 1982 		Post Options Post Options   Thanks (0) Thanks(0)   Quote JayIN Quote  Post ReplyReply Direct Link To This Post Posted: 11 Mar 2017 at 10:41pm
Maybe someone from up that way has an update.....
sometimes I walk out to my shop and look around and think "Who's the idiot that owns this place?"
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Josh(NE) View Drop Down
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Joined: 12 Sep 2009
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Points: 510 		Post Options Post Options   Thanks (0) Thanks(0)   Quote Josh(NE) Quote  Post ReplyReply Direct Link To This Post Posted: 11 Mar 2017 at 11:16pm
It would be very interesting to know what she choose to kept from the collection, and how they ended up with the last Allis in the first place.
Allis Express
'65 190XT, 37 B, '72 170, '83 8030, and the IH 560 was a mistake
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Walker View Drop Down
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Joined: 12 Sep 2009
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Points: 8924 		Post Options Post Options   Thanks (0) Thanks(0)   Quote Walker Quote  Post ReplyReply Direct Link To This Post Posted: 11 Mar 2017 at 11:52pm
Don't kill the messenger but some food for thought. Last few hours of your job then you are  unemployed, last few minutes of the last few hours before you walk out the door for the last time. Are you going to build in quality or just get it over with? I'm thinking I'd rather own serial number 1.
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Fred in Pa View Drop Down
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Joined: 13 Sep 2009
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Points: 9210 		Post Options Post Options   Thanks (0) Thanks(0)   Quote Fred in Pa Quote  Post ReplyReply Direct Link To This Post Posted: 12 Mar 2017 at 7:39am
Originally posted by Walker Walker wrote:

Don't kill the messenger but some food for thought. Last few hours of your job then you are  unemployed, last few minutes of the last few hours before you walk out the door for the last time. Are you going to build in quality or just get it over with?
I'm thinking I'd rather own serial number 1.



   That's just like flying in a big jet across the seas , u get up flying over water and get to thinking ,   THE LOWEST BIDER BUILT EVERY PART ON THE PLANE .lol
He who dies with the most toys is,
nonetheless ,still dead.
If all else fails ,Read all that is PRINTED.
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chad shafer View Drop Down
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Joined: 12 Sep 2009
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Points: 53 		Post Options Post Options   Thanks (0) Thanks(0)   Quote chad shafer Quote  Post ReplyReply Direct Link To This Post Posted: 12 Mar 2017 at 7:46am
    They ended up with the 6070 because her Husband Hauled tractors out of West Allis. Allis put the tractor up forsale ,& he ended up with the highest bid is info I read on here or other website .

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DougS View Drop Down
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Joined: 03 Nov 2011
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Points: 2490 		Post Options Post Options   Thanks (0) Thanks(0)   Quote DougS Quote  Post ReplyReply Direct Link To This Post Posted: 12 Mar 2017 at 7:57am
Originally posted by Fred in Pa Fred in Pa wrote:

That's just like flying in a big jet across the seas , u get up flying over water and get to thinking ,   THE LOWEST BIDER BUILT EVERY PART ON THE PLANE .lol

Having worked on aircraft myself and being familiar with the FAA process for certification of aircraft parts, that's the last thing I worry about.
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Jordan(OH) View Drop Down
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Joined: 11 Sep 2009
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Points: 1563 		Post Options Post Options   Thanks (0) Thanks(0)   Quote Jordan(OH) Quote  Post ReplyReply Direct Link To This Post Posted: 12 Mar 2017 at 12:34pm
Agco does not care about anything orange.  That whole sale was a farce.  If Marilyn Fanetti wanted to buy them back she should have been in on the bidding not just yes/no on the final sale price, you never know how high the other bidder would have gone.
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AllisandGleaner View Drop Down
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Joined: 04 Mar 2016
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Points: 360 		Post Options Post Options   Thanks (0) Thanks(0)   Quote AllisandGleaner Quote  Post ReplyReply Direct Link To This Post Posted: 12 Mar 2017 at 12:56pm
Does anyone know the Fanetti family well, wold love to get the tractor to the show.
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CrestonM View Drop Down
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Joined: 08 Sep 2014
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Points: 8455 		Post Options Post Options   Thanks (0) Thanks(0)   Quote CrestonM Quote  Post ReplyReply Direct Link To This Post Posted: 12 Mar 2017 at 1:28pm
I'd love to see it come to Hutch again!
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Amos View Drop Down
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Points: 1318 		Post Options Post Options   Thanks (0) Thanks(0)   Quote Amos Quote  Post ReplyReply Direct Link To This Post Posted: 12 Mar 2017 at 4:30pm
Originally posted by DougS DougS wrote:

Originally posted by Fred in Pa Fred in Pa wrote:

That's just like flying in a big jet across the seas , u get up flying over water and get to thinking ,   THE LOWEST BIDER BUILT EVERY PART ON THE PLANE .lol

Having worked on aircraft myself and being familiar with the FAA process for certification of aircraft parts, that's the last thing I worry about.

Doug, I know exactly what you are worrying about!!
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