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Post by keithl on Jul 28, 2020 22:14:10 GMT
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Post by Deleted on Jul 28, 2020 22:28:44 GMT
Well, That was quick.. No stones under MIke Wolf's shoes.
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Post by ptc on Jul 28, 2020 22:31:03 GMT
Another possible sign that the door is closing "shut".
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Post by Deleted on Jul 28, 2020 22:41:20 GMT
The door will be auctioned too!!
Gary.
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Post by Deleted on Jul 28, 2020 22:43:43 GMT
Personally I don't do online auctions. It's a shame thatCV-19 is here. If one could walk through the warehouse and purchase items like one does at York I would have made the trip.
Gary.
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Post by Adam on Jul 28, 2020 23:40:07 GMT
Certainly seems like a final step to the end.
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Post by JDaddy on Jul 28, 2020 23:55:25 GMT
So if they are closing the doors permanently, and never making anything again, maybe I should be liquidating my stuff too?
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Post by david1 on Jul 29, 2020 2:54:31 GMT
If you like the MTH items you have, I would keep Them and run them. No need to sell them just because MTH is closing.
Dave
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Post by MichRR714 on Jul 29, 2020 3:13:58 GMT
Just think of how popular K-Line became once they were gone.
I don't think the MTH story will go quite the same way though... What matters for us train guys is what happens to the tooling... The stuff in the building is Mike's, of course he's going to sell it and make a few more bucks.
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Post by harborbelt70 on Jul 29, 2020 10:57:16 GMT
So MTH is going to liquidate all this stock in one series of auctions? My guess is that it will go very cheap, effectively flooding the market with old MTH products.
I have kept up with past MTH bulletins about what they have 5 or less of in the warehouse and none of that stock appealed to me - just ends of particular runs that did not sell out.
The liquidation of other company property referred to - tech and historical documents and the like - surely spells the end of MTH as a major US-based manufacturer in all scales including HO, O and 1. I’m really not worked up about that from my own personal perspective; my only concern is the availability of some back up DCS products.
P.S. I just noticed that the auction flyer refers to “parts” as well as everything else. Not clear from this whether any single entity is going to be able to provide support/replacement parts for MTH products going forward.
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Post by ptc on Jul 29, 2020 12:28:10 GMT
"The door will be auctioned too!!"That's already been sold, Gary. 
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Post by josef on Jul 29, 2020 12:31:37 GMT
Whenever an Auction House is used, you know the prices will be high for items.
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Post by Deleted on Jul 29, 2020 12:31:55 GMT
Maybe you can get a nice 8"x10" of Mike!
Gary.
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Post by ptc on Jul 29, 2020 12:32:12 GMT
"What matters for us train guys is what happens to the tooling"
Unless there is a business that wants to work with the folks that "have control" over them, I guess they are useless. Doubt the tooling is sitting on the shelves in Maryland.
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Post by MichRR714 on Jul 29, 2020 13:31:37 GMT
"What matters for us train guys is what happens to the tooling"
Unless there is a business that wants to work with the folks that "have control" over them, I guess they are useless. Doubt the tooling is sitting on the shelves in Maryland. That's exactly correct Brian. The tooling is somewhere in the orient. Only time will tell what happens there.
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