Very nice. Fun to think the original owner would be over a hundred years old. Wow $60 in 1925 would certainly be a large amount. My father was born in 1925. Thanks for sharing this train with us.
A very common set. Great shape. So fun to run. Thank you for posting. Yes, I have this set and its heavy. I am still looking for the hinged roof 431diner... very rare.
I went through this one thoroughly when I picked it up a few years ago and am very happy with the condition and how well it runs. I just have to fix that rear light now.
The catalogs you see here are part of "Greenberg's Lionel Catalogues Volume III: 1923-1932". My earliest original Lionel catalog would probably be around 1938. I do own all the original individual postwar catalogs (1945-1969). But finding the original catalogs from the 1920s and earlier are hard to find. The Greenberg's Lionel catalogues 5 volume series books show up on eBay and will run $75 to $250 per book.
Al, thanks for the information. I have an old standard gauge set that was my father's and you have given me the inspiration to see if it will even run it is not in as good shape as the 402 you have.
@@stevencilento3364 Sounds like you have a project on your hands to test out that Standard gauge engine. They were well built and the motor is a little different than the postwar engines I am used to working on.
The #8 with 337/338 cars was outfit #347 and was $20 vs the $60.75 for the large set presented here. 38-1/2" vs 74-1/2" as listed in the catalog for 1926. The 403 set with a 402 engine dwarfs the 347 set with the #8 engine.
As you well know, Lionel was never inexpensive. This set was top of the line and one of the most expensive in 1925 or 1926. I was happy to find this set in nice shape a couple years back.
Beautiful!
That set was well taken care of, the set looks to be pristine Al!! Congratulations on finding that precious gem! Beautiful piece!❤💯
Thanks! I was very pleased when I had the chance to purchase it.
Very nice. Fun to think the original owner would be over a hundred years old. Wow $60 in 1925 would certainly be a large amount. My father was born in 1925. Thanks for sharing this train with us.
Glad you enjoyed the video! I checked the inflation rate from 1925 to now and the same set would sell for about $1,044 today.
A very common set. Great shape. So fun to run. Thank you for posting. Yes, I have this set and its heavy. I am still looking for the hinged roof 431diner... very rare.
Very nice set!
Thanks!
This is a wonderful set!!
You obviously maintain your trains quite nicely. That engine purrs like brand new. No bearings or bushings crying for lube. Good job. 😊
I went through this one thoroughly when I picked it up a few years ago and am very happy with the condition and how well it runs. I just have to fix that rear light now.
Wow!
That set looks fantastic!
Thanks! It was a great find from a gentleman that was downsizing from a house to an apartment.
I know we’re postwar fans, but I do like your prewar collection and lay out
Thanks! I'm primarily a postwar collector/operator but fell in love with this set when the opportunity availed itself.
Wow, that’s amazing.
I dig those Mojave Electrics, very nice!
Al, great set and in such wonderful condition. Where do you get all those old catalogs?
The catalogs you see here are part of "Greenberg's Lionel Catalogues Volume III: 1923-1932". My earliest original Lionel catalog would probably be around 1938. I do own all the original individual postwar catalogs (1945-1969). But finding the original catalogs from the 1920s and earlier are hard to find. The Greenberg's Lionel catalogues 5 volume series books show up on eBay and will run $75 to $250 per book.
Al, thanks for the information. I have an old standard gauge set that was my father's and you have given me the inspiration to see if it will even run it is not in as good shape as the 402 you have.
@@stevencilento3364 Sounds like you have a project on your hands to test out that Standard gauge engine. They were well built and the motor is a little different than the postwar engines I am used to working on.
It is a lovely set, nice video but it has 8 primary wheels not four 😁
Thanks! Yes, I miss spoke about the wheels. Meant to say 4 each side.
Wow what a beautiful set. I didnt realize that theres such a big difference in sizes in standard gauge Was the #8 a cheaper option or something ?
The #8 with 337/338 cars was outfit #347 and was $20 vs the $60.75 for the large set presented here. 38-1/2" vs 74-1/2" as listed in the catalog for 1926. The 403 set with a 402 engine dwarfs the 347 set with the #8 engine.
I could only imagine the excitement a kid would have in the early 20s having a toy like that. So cool
That's an expensive train. In 1925 the average salary was about $30.00 a week.
As you well know, Lionel was never inexpensive. This set was top of the line and one of the most expensive in 1925 or 1926. I was happy to find this set in nice shape a couple years back.