Originally Posted by Andrew Lawrence:
I wouldn't say someone scammed the buyer. I collect lanterns. I see it all the time. People will sell anything that burns kerosene as a railroad lantern. I see the road guard lanterns all the time listed as "caboose lanterns". Just in educated seller's. An etched globe railroad marked is still worth something.
Very true. I'll never forget the time I went to a pretty large antique show/sale in New Jersey, as my wife and I were helping out my wife's mother who was a pretty large buyer & seller of jewelry, silver wear, and china. This was some 30 years ago, and when I finished the "heavy lifting", she told me to look around the place. I eventually found one dealer who had some old tool and one railroad kerosene lantern, which was embossed on the top with the Penn Central "mating worms" logo,,,,,it was priced at $100! When the gentleman noticed me looking at the lantern, he quickly pointed out that, "That is a VERY old, antique oil railroad lantern.". I then asked if he was familiar with that "PC logo" in the metal top? He said that that is the initials of the old rail line. I then explained exactly what the "PC logo" stood for, and that the Penn Central was a relatively NEW railroad, and was actually still in business, and that his "antique lantern" was truly no more than 3 or 4 years old, and thus not worth $10! He was not a happy camper.