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My holy grail is different than someone else's holy grail. At one time I would have agreed on the 700E. Back then nobody spoke of warped frames, zinc pest and repro parts. Then the average price dropped and and all this info came out thanks to various publications, so pursuing the 700e just seemed like too much hassle. Then there was the Blue Comet, but Standard guage isn't my thing. Right now I am grailess.

I didn't take the original question as a "money" or "price" one, but rather as a

"that's really important" one. Of course, the two are not unrelated, if a transaction

is imminent.

 

Anyway, has to be the Lionel Scale Hudson, again. Most don't warp, as I understand it.

A friend has a 700E that is (apparently) perfect, and wants me to buy it. I will if 

he comes down more than he's willing to.

 

The scale O-gauge production of the last 20 years has reduced the "grailness" of all

the old stuff, to me. I really prefer the Lionel post-2000 J3a as a model.

 

Wouldn't an original 700E with ERR Command Control be a hoot?

There is no one "grail", as that is a very subjective concept. Everyone has their own grail. I can only offer some candidates for fun based on the record prices they brought at auction.

 

In the end, there are only rare, notable, and historic items. Other ones off the top of my head are the Boy's Set as you mentioned and the clear shell F-3s.

Originally Posted by PC9850:

Here's the highest recorded price paid for a single toy train set:

 

http://www.liveauctioneers.com/item/2482659

 

Here's my personal vote - JLC's personal 700E brass prototype:

 

http://www.liveauctioneers.com/item/671057

Here's the story on that State set(found by Stan, one of my TCA sponsors!):

 

http://www.tcaetrain.org/articles/chronicles/pursuit/

This is a great topic. The more I read and think about it, the further away from trains I get. What would get me really excited is having an identifiable piece of the original Lionel factory building or something from the Manhattan showroom. Another item is that original Josh Cowen portrait that Ron Hollander acquired from JC's retired chauffeur.

Overall, the 700E scale Hudson is at the top of the pyramid.

 

But for the postwar era, I'd say either the Canadian Pacific F-3 set or the glossy Jersey Central FM. Perhaps also the Boy's Set - less than 5 or so made.

 

For the modern era, the rare Chessie T-1's repainted in Dick Kughn's Carail blue or white livery is definitely up there - very few modern steamers I've NEVER seen in person.

Originally Posted by Pointingking54:
... what do you consider the pinnacle of 3 rail electric trains?

for some reason i don't really equate the "holy grail" idea with either the pinnacle of production or even a high value based solely on a high demand.  given the circumstances of its use, i doubt if the actual holy grail was anything special aside from its being in the right place at the right time.  a one or perhaps few of a kind item.

 

Both the 700E and the postwar F3s are iconic Lionel/toy train items, no doubt about it.  Had the question been "What is the most iconic toy train ever?" it would clearly be the SF Warbonnet F3.  It think it is the hands-down winner.

 

But given the question I voted for the 700E because of the relative rarity: the Holy Grail was highly sought after but seldom seen.  That sort of describes the 700E in a nutshell: although I have heard about them since age 5, I've only seen two (in person) in my life, one of display at a show and another that I have packed away because I bought it via an on-line auction.   By contrast, everyone has seen the SF Warbonnet F3 and they are everywhere: anyone who enters my trainroom sees eleven of them, for example.

Originally Posted by coloradohirailer:

My "holy grails" (plural) are those things I want made, that never have been.....I am

pursuing those still....

I think I agree with you. I'm not even sure there's any physical evedence the Holy Grail ever existed. Is it legend or myth? A legend is an exageration based on some factual evedence. A myth is a fictional story passed down through generations. I think controversy arises just determining whether the Holy Grail is myth or legend. But mediphorically I can accept the Holy Grail is assumed to be Legend opposed to myth.

So I don't seek out the Holy Grail because what ever it is determined to be I'm sure it's not with in my reach or desire.

Mythically I'm looking into creating the Southern Railway's Joe E. Brown passenger consist.  According to Southern historians it only existed in my Dad's mind and was the starting point of all my Dad's stories about his childhood adventures on the rail line that ran between Macon and Brunswick Georgia.

Charlie,

 

To follow up on your 700K - at the Pittsburgh Greenburg shows, there used to be a gentleman who had the 700K parts in what appeared to be an original display case.  Don't know if this was a sales display or what, but it was fascinating to look at - seeing how you could build your own loco back in the day.  He told me that Richard K offered him 100K for it to add to his collection, but he turned it down.  I haven't seen the gent the last few years so I don't know what ever became of the display.

Charlie,

 

To follow up on your 700K - at the Pittsburgh Greenburg shows, there used to be a gentleman who had the 700K parts in what appeared to be an original display case.  Don't know if this was a sales display or what, but it was fascinating to look at - seeing how you could build your own loco back in the day.  He told me that Richard K offered him 100K for it to add to his collection, but he turned it down.  I haven't seen the gent the last few years so I don't know what ever became of the display.

 

 

Swanko, I knew him and where he got and paid for the items. That Dick story was BS and it came fro a Greenberg auction. I was in contact with the women who consigned it and just missed it at auction. I offered him a nice profit but he thought he had the Mona Lisa. It also brought it to York for years before he did sell it.

I , like many of you, would   for the 700E.   Just having grown up around my Uncle & Pop, 2 big classic Lionel guys,   the 700e was always THE engine they talked about getting if the hit the lottery one day. It was the engine that symbolized Lionel  ( You can also say the 2333 F3 did, but those are far more common)

Most jump to a specific train item , but I see it differently. The pinnacles of toy trains and model railroading are the steam locomotive and trolley car. If we expand this topic to toys, then the steam ship is a pinnacle as well.

 

There are yet more pinnacles of toys:

> iron casting technology;

> tinplate lithography;

> the spring clock mechanism;

> the electric motor;

> Storage batteries;

> Edison and Tesla electricity;

> precision die casting and Zamac;

> plastics & injection molding;

> analog, solid state and digital electronics;

> laser printing;

> stereo lithography.

I would think that, for 3 rail O gauge, factory-sealed, mint-in-box examples of the 700E and 700K (if any exist in this state) would both qualify as the ultimate "Holy Grails" for O gauge collectors.

 

For electric trains in general, I would vote for the original "Electric Express" motorized gondolas that Lionel produced as store displays.  Talk about rare and iconic...

 

Andy

>>>The Grail is legendary, one of a kind, did exist at one time, and was preserved for at least a while in history. But it may not have survived to the present day, and, if it does, is hidden in some unknown location.<<

 

Exactly.. Could not have said it better.. 

It would have to be something known to have existed but still elusive.   

Joe

 

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