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eBay. This 400E locomotive from the early ’30s sold for a whopping $250,000 in 2016. But there’s good news: ... make it one of the most popular Lionel train sets on the market. Complete with ...
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.
Model Train Sets. That old model train may not have seen the underside of a Christmas tree in years, but it was made by Lionel, producer of model trains for more than a century, so it's tempting ...
A new line of scale-sized freight cars, called "Standard O", was introduced that same year. The new line of trains included the Blue Streak Freight, an entry-level O-27 gauge train set produced by Lionel. The set included a blue Jersey Central Lines steam locomotive with a 2-4-2 wheel configuration and attached tender car.
In May 1967, Lionel Corporation announced it had purchased the American Flyer name and tooling even though it was teetering on the brink of financial failure itself. A May 29, 1967, story in The Wall Street Journal made light of the deal, stating, "Two of the best-known railroads in the nation are merging and the Interstate Commerce Commission couldn't care less".
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.