Hello. I can assist you with your question.
In 1906, Lionel ntroduced a new line of model trains that ran on track with a width (between rails) of 2.125 inches. In order to power the electric locomotives, the track included a third rail in the middle, which conveyed electricity.
After coming up with a slogan that proclaimed “Lionel—Standard of the World,” Lionel named the design “Standard Gauge” and filed a trademark. Lionel derived the name from an incorrect interpretation of a gauge defined by the German toy company Märklin. Whereas Lionel measured width between rails, Märklin measured the width from the center of one rail to the center of the other.
In fact, this “standard” gauge was decidedly non-standard—European manufacturers had settled on two inches, as had Carlisle & Finch, the company that invented the toy train. ...The No. 1 gauge was much smaller, at 1.75 inches. But “standard” stuck and, more importantly, implied the sizes of other brands were, in fact, the strange ones.
But the term "stuck" and it has always been known as the "standard gauge" train.
The #33 Locomotive was produced in the early 1900s.
The Standard Gauge #33 Black Locomotive in working condition is worth between $150-$180 at auction.
If properly restored, it can fetch up to around $360.
If you have any questions, please let me know.
what do you mean properly restore .repainted,
No. Definitely not just painted.
I wouldn't recommend painting over the original.
i figure it too be worth more ed old book value 450
The market varies wildly, and with the economy, many collectable values are down.
The way I calculate the value is based on recent prices realized at auction.
It's certainly not a science... and when you say "not in bad shape", I'm assuming that it's in average condition.
The condition affects price a great deal, so if it's in better condition, it can be worth quite a bit more.
Please remember to rate my level of service before leaving.