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The Lionel Corporation would continue as a holding company. It invested in various chains of retail stores and electronics companies while receiving royalties on toy train sales made by General Mills (later Lionel Trains, Inc.). In 1991, it sold its trademarks to Lionel Trains, Inc. for $10 million and eventually went out of business in 1993.
Valued at over $400, the “Duchess of Atholl” is a must-have for serious collectors of vintage European trains. 10. Lionel Polar Express Electric O Gauge. Amazon.
Lionel, LLC is an American designer and importer of toy trains and model railroads that is headquartered in Concord, North Carolina.Its roots lie in the 1969 purchase of the Lionel product line from the Lionel Corporation by cereal conglomerate General Mills and subsequent purchase in 1986 by businessman Richard P. Kughn forming Lionel Trains, Inc. in 1986.
The train was designed with the parts pre-scored and tabbed for assembly without cutting or adhesive but the tabs were prone to coming apart, and the train did not stay on the cardstock track reliably once assembled. As a result, the paper train overwhelmed many customers, so often parents simply gave up on assembly and threw it out.
Lionel continued the Ives practice of issuing low-end train sets that ran on a circle of O-gauge track with a 27-inch diameter, and Lionel incorporated some Ives-designed freight cars into its product line. The Lionel 1680 tanker car, for instance, was an Ives design that remained in Lionel's catalogs right up to the start of World War II.
High rails on a model railway layout at the Convention of American Railroadfans in Switzerland, 2006. High rail (also called "hi-rail" and "hirail") is a phrase used in model railroading in North America, mostly in O scale and S scale, to describe a "compromise" form of modelling that strives for realism while accepting the compromises in scale associated with toy train equipment.