A 30-acre farm in Coles County, Illinois once owned by Abraham Lincoln recently sold at auction. The big question going into the sale was whether or not there would be a premium paid for that connection. Local farm appraisers and brokers had mixed thoughts going into the sale varying from no premium or possibly a slightly premium due to the increased interest.
The farm was well marketed and had several articles in local newspapers about the Lincoln connection leading up to the sale. The sale date of February 12, the 16th U.S. President’s birthday no less, was a nice touch. But did it matter to the buyers in the market?Read More