Lionel and American Flyer are two types of trains that everyone should be keeping their eyes open for. The golden age for toy trains was in the 1950's and 1960's. Train sets were one of the greatest gifts that a young man could get during this period in time. Because of this trains in good condition command high prices in today's market.
This set was a Pennsylvania freight set that was of 1950's vintage. We sold this set in 2002 for over $1,200. The set had the original engine, cars, track, transformer and switches. Keep an eye out for the diesel engines in particular. The diesels seem to bring better prices than the steam engines because fewer were produced. There are also sub collecting groups for "S" gauge, "N" gauge, LGB, HO and others. So pay attention whenever you see trains at the garage sales, flea markets and auctions.