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Just asking about this since I am not a collector but a runner, there is starting to be Lionel stuff claimed as NIB from Madison Hardware showing up on Ebay.  One is a 685 loco, no tender for a buck under a grand.  Is this loco really worth $1000 by itself, or is the seller a bit off?

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Not in my opinion and the box is not a brick.  I bought at least two items from them that were mint in the box, Canadian National Alco and 6572 Railway Express car.  I do not think coming from Madison increases the value.  Do not want to turn this into a debate on Madison, but they were known to play fast and loose with some items like the postwar FMs.

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