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Post by seayakbill on Jul 16, 2024 17:18:50 GMT
In the latest Lionel 2024 #2 catalog is the American Railroads passenger set. Really terrific looking in the blue paint scheme on the GG-1 and 11 passenger cars. The train left NYC heading to Ogden, Utah celebrating the centennial of Americas first transcontinental RR. with John Wayne as one of the invited passengers. 3 locomotives were used with the GG-1 on the first leg out of NYC.
But at $4800 catalog pricing just can't justify pulling the trigger. I wonder how many folks will place an order.
Bill
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Post by josef on Jul 16, 2024 18:29:11 GMT
I can justify 4800.00 for a lot more essentials then for a toy.
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Post by madockawando on Jul 16, 2024 18:39:09 GMT
In the latest Lionel 2024 #2 catalog is the American Railroads passenger set. Really terrific looking in the blue paint scheme on the GG-1 and 11 passenger cars. The train left NYC heading to Ogden, Utah celebrating the centennial of Americas first transcontinental RR. with John Wayne as one of the invited passengers. 3 locomotives were used with the GG-1 on the first leg out of NYC. But at $4800 catalog pricing just can't justify pulling the trigger. I wonder how many folks will place an order. Bill Bill do you have a copy of the catalog with you?
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Post by madockawando on Jul 16, 2024 18:41:11 GMT
For those who say this set is too expensive. What would you consider a fair price at which you would buy this set as cataloged given all the features that are in it?
I am curious about where the inflection point.
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Post by Adam on Jul 16, 2024 19:26:57 GMT
I will answer that in a different way.
I can buy an electric riding mower for about the same price. I can also get a very nice American made Gibson Les Paul guitar for less.
My gut feel is that the price is 3x higher than it should be but I don’t usually buy premium grade model trains so my internal price gauge isn’t well calibrated to the market.
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Post by healey36 on Jul 16, 2024 19:54:11 GMT
No idea what a "fair" price is, but I can think of many things I'd rather spend the money on. Most expensive set I ever bought was a standard gauge MTH set headed by a 392E with Protosound. Loco and four freight cars topped out at $1400, but that was 25 years ago. I can't imagine that would cost more than $2300 today (if they were still making them), but who knows.
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Post by madockawando on Jul 16, 2024 19:57:38 GMT
I will answer that in a different way. I can buy an electric riding mower for about the same price. I can also get a very nice American made Gibson Les Paul guitar for less. My gut feel is that the price is 3x higher than it should be but I don’t usually buy premium grade model trains so my internal price gauge isn’t well calibrated to the market. So that would be $1,600. I am sure that a lot people would buy it for that amount. Is that is a realistic number? The truth is that from a practical point of view, any money spent on trains is a waste of money. But I guess we are dreamers and not very practical! And I think that there will be enough dreamers out there who will buy this set. I don't think there are any recent high end train sets out there for sale by dealers at "blowout" prices. 
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Post by madockawando on Jul 16, 2024 19:58:10 GMT
No idea what a "fair" price is, but I can think of many things I'd rather spend the money on. Most expensive set I ever bought was a standard gauge MTH set headed by a 392E with Protosound. Loco and four freight cars topped out at $1400, but that was 25 years ago. I can't imagine that would cost more than $2300 today (if they were still making them), but who knows. How long ago was that?
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Post by healey36 on Jul 16, 2024 20:02:39 GMT
No idea what a "fair" price is, but I can think of many things I'd rather spend the money on. Most expensive set I ever bought was a standard gauge MTH set headed by a 392E with Protosound. Loco and four freight cars topped out at $1400, but that was 25 years ago. I can't imagine that would cost more than $2300 today (if they were still making them), but who knows. How long ago was that?
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Post by healey36 on Jul 16, 2024 20:12:17 GMT
I looked at the 2019 tinplate catalog...a new 392E was $899.95 and a 500-series freight car was $119.95, so the 2019 price for a loco and five 500-series freights would have been $1499.70. If you presume inflation was 10%/year for the last four years, that still only gets you to a bit more than two grand today.
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Post by josef on Jul 16, 2024 20:40:07 GMT
I will answer that in a different way. I can buy an electric riding mower for about the same price. I can also get a very nice American made Gibson Les Paul guitar for less. My gut feel is that the price is 3x higher than it should be but I don’t usually buy premium grade model trains so my internal price gauge isn’t well calibrated to the market. One could, if one really wanted the set. Get a personal loan at 3.33% and for the next 60 months just pay 96.00 a month. Total would just be by time loan is paid off 5760.00. Or wait 60 months and maybe find it for sale on EBay for 1800.00?
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Post by seayakbill on Jul 16, 2024 20:45:25 GMT
In the latest Lionel 2024 #2 catalog is the American Railroads passenger set. Really terrific looking in the blue paint scheme on the GG-1 and 11 passenger cars. The train left NYC heading to Ogden, Utah celebrating the centennial of Americas first transcontinental RR. with John Wayne as one of the invited passengers. 3 locomotives were used with the GG-1 on the first leg out of NYC. But at $4800 catalog pricing just can't justify pulling the trigger. I wonder how many folks will place an order. Bill Bill do you have a copy of the catalog with you? I do have my catalog, do ya have a question Bill
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Post by madockawando on Jul 16, 2024 21:46:21 GMT
Bill do you have a copy of the catalog with you? I do have my catalog, do ya have a question Bill Oooh... Do I have questions???  Any scale Rolling stock? New PS-1 boxcars? Gondolas? Any fantasy scale rolling stock? Area 51? Space stuff?
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Post by madockawando on Jul 16, 2024 21:48:40 GMT
I will answer that in a different way. I can buy an electric riding mower for about the same price. I can also get a very nice American made Gibson Les Paul guitar for less. My gut feel is that the price is 3x higher than it should be but I don’t usually buy premium grade model trains so my internal price gauge isn’t well calibrated to the market. One could, if one really wanted the set. Get a personal loan at 3.33% and for the next 60 months just pay 96.00 a month. Total would just be by time loan is paid off 5760.00. Or wait 60 months and maybe find it for sale on EBay for 1800.00? My advice for anyone who wants a high end item but is leery of the big buck$: Put it on lay away with Mr Muffin. Its zero percent interest to do so. I also think EZ-Catch trains does this as well. If you like the train, you will find a way to buy it.
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Post by josef on Jul 16, 2024 22:26:36 GMT
Makes me wonder when the first 10,000.00 train set will come out from Lionel?
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Any scale Rolling stock? New PS-1 boxcars? Gondolas? Any fantasy scale rolling stock? Area 51? Space stuff?