Based on the photographs and information provided, the subject of this appraisal is a pre-war period (1901 to 1942) Standard-Gauge Lionel Train set. The overall condition based on photographs is good used condition, with cars appearing to have been restored with fresh paint apparent on some pieces. The pieces included in the set and their corresponding Fair Market Values are estimated as follows:
Black Locomotive, Model 390 and tender, good original condition, $500
3 Green Passenger Cars (309 Pullman Car, a 312 Observation Car, and a 310 Railway Mail Car) in restored condition, $50 to $100
10 pieces 16" Curve Track, $10 to $20
14 pieces 15" Straight Track, $10 to $20
2 pieces 7" Straight Track, $5 to 10
4 switches (2 pair), 210, $75 to $100
Combined Fair Market Value (a pre-auction estimate) of this portion of the collection falls in a range of $650 to $750.
Combined FMV of the entire collection across two separate appraisals is approximately $2,250 to $3,150.
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