How to Determine Model Train Value

Overview:

You may buy or sell your trains in a surprising variety of ways. The first step in ensuring that you locate the finest solution for your concern is to educate yourself. The procedure can be complicated and challenging, so we hope this information helps you understand it better.

Plastic is used to make model trains nowadays, however, back then these toy trains were built of metal and wood. Model trains today might be magnificent and eye-catching, but older model trains are more noteworthy and significant.

This is a common problem when trying to evaluate the worth of a model train set. To put it another way, the set is worth whatever a buyer is prepared to pay for it. However, there are a few solid ways to value model trains or any other collection if you only need a ballpark figure. In the end, the market determines the worth of your trains.

Identifying your train is the first step in determining its worth. Toy trains were not allowed to run on tracks until 1881. Previously, the trains had wheels, and the youngster would push them down the floor, like today’s string-connected toy vehicles. However, it pays to read up a bit. Take for example reading about the most valuable model trains in the world to keep you abreast with some of the value picks over time.

These are the fundamentals to keep in mind when comparing shopping and speaking with an appraiser.

To Determine Age, Use a Gauge:

This O-gauge Marx model train was created in the early 1950s. 

The gauge is one of the most common techniques to identify old toy trains. This is the width of the track as measured across the rails’ inner borders. The standard gauge is 2 and 1/8 inches wide and was popular in the United States from the early 1900s to the Great Depression and World War II. During the Great Depression, the tracks were made smaller to keep the trains running. The gauge here was 1 and 1/4 inches. As a result, you may use the gauge width of your model train to determine when it was manufactured. 

Condition:

Is it brand new in the box or does it require any assembly, this can influence how much a collector is ready to pay. Value is certainly affected by conditions, but it is only one component. Even parts can be valuable if they are the proper ones. Cleaning and testing your models before getting an appraisal is a good practice at the very least. Trained collectors, maybe more than any other type of collector, have a set of preferences that aid in determining the value of the goods they ought to collect. If you get lucky and your valuable piece is within their targeted collectibles and carries the right condition, then a good price may be at play.

The train’s value will be appropriately boosted if there are many highly detailed graphics in good shape. The train, on the other hand, will be valued significantly less if it has a lot of wear and tears on the paint, scratches, dents, or rust. Missing mechanical pieces also lowers their value. 

Rarity: 

Is this a one-time run train, or has this model been in production for over 30 years or even a centennial? If everyone owns one, they are unlikely to pay much for another. Yesterday’s flops, on the other hand, may become sought-after collectibles tomorrow. This is why you must keep as close an eye on market developments as possible because a thorough knowledge about your item will be very beneficial like when you know who the first creator of the model trains was or who were the first manufacturers of model train toys. These all play a significant role to ensure proper value assessments. 

Here are the two most popular brands among collectors:

American Flyer

The American Flyer has been operating for almost a century. Vintage American Flyer trains are ones built before Lionel Corporation took control of the trademark. That is, historic American Flyer trains are ones that were built before May 1, 1967 and bear the brand. These are either American Flyer Company or A.C. American Flyer trains. Gilbert Enterprises is valuable. 

Lionel 

The best Lionel trains are extremely valuable. In fact, the costliest model train in the world records this brand which is the Lionel Standard Gauge Set from 1934.  But we’re talking about trains that are in immaculate condition and may have never been on the track before. Because there are so few of them, mint-in-box examples of vintage Lionel trains are still valuable and will continue to appreciate over time. That’s what you see on TV because good television is made up of exceptional content.

Alteration:

After its original production, some changes are done that change a model train’s state.  Some alterations that are beneficial to operations, like replacing the motor, may degrade the value of the vehicle for a collector looking for something unique. Adding details and modifying the paint can devalue a valuable original or increase the value of a common piece. Details like changes to the wheels, couplers, power supply, wirings, tracks, and many other aspects may cause depreciation to a collector’s item. 

Get another Opinion:

If you think you have something worth more than a couple of twenties, you should absolutely have it appraised by a specialist. Toy appraisers are a highly trained and specialized group who can better determine the value of your model train. You should always acquire an appraiser’s judgment before selling your toy train, whether it’s sets or individual cars. Unless you have it professionally checked out, you’ll never know if you have a highly rare and valuable railway car in your collection. A licensed appraiser is your best chance for an honest, unbiased evaluation of your model train’s worth. The American Society of Appraisers is a global organization that can connect you with a qualified appraiser. Even if you only want to satisfy your curiosity about your antique trains in the attic and have no intention of selling them, expect to pay a decent sum for the assessment. Overall, it is always a wise move to have an expert opinion to come up with the right value for an enterprise. You never know, your great grandfather’s toy may cost you a fortune.

In summary, while the world’s most costly model train and the most expensive model railway layout ever built may be superseded by a recent breakthrough in this arena, we may examine some of the more prevalent characteristics that contribute to a model train’s value. Rarity, age, condition, and manufacturer are all important factors to consider when determining value. Don’t be surprised if you have an old model train laying around your house that is worth a lot of money.