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"in 1954 for ~$10k you could have stashed away a Mercedes 300SL "gullwing" or better yet, ...4 Corvettes."

True, but there is a lot not being said here. For one thing, 'stashing away' a car isn't that simple, if you simply bought the Mercedes or Corvettes and plopped them in a garage, time would eat away at them,unless you took special precautions. Rubber breaks down, paint fades, lots of things go wrong because of climate change, hot to cold, moist to dry, etc. To maintain it in the kind of condition that can generate top prices, you would need to store it in a climate controlled environment for 50 years, to make sure it was absolutely mint, make sure the rubber on things like weatherstrip and bushings don't dry out, tires disintegrate, paint fade, you name it..and how much would that cost? 

 

More importantly, the cars you see going for big bucks at the auctions likely have been restored and are in literal concours condition, and that costs a lot, on one of the gearhead shows (I think it was chasing classic cars), they have this storage locker find Ferrari that could go at auction for several million, but required close to a million in restoring it costs....

And time alone doesn't mean anything necessarily, you could have preserved a lot of cars from the 1950's, cars people loved, and today you likely wouldn't sell it for all that much relatively, in real dollars might break even if you are lucky, and again you had to keep it for 50 years, 60 years. 

In terms of collecting, while it may be true that keeping stuff in a sealed box will enhance its value with some collectors, the same way that an 'original' car can be worth more, not just matching numbers, but for example having things like the chain of ownership and proof, service records, and so forth, but in the end the 'bump' is relative, a car has to be desirable first for this to apply, and that bump is likely to be small (unless the car has a 'story', for example, that 1956 Mercedes was owned by (some deceased person who died young and spectacularly)).

If having stuff in a sealed box floats someone's boat, if the anticipation that maybe this will be the next big thing, makes someone happy, I say go for it, but I also will add that with most of the train stuff you likely will see sealed in the box, like a modern train set, it is very, very unlikely, even in the future some period years, decades out, that a new 'boom' will happen with this stuff, unless it is very rare for some reason. Even if you have the last sealed in box train set containing scale passenger cars and a hyper detailed Hudson, it is unlikely that will be like a rare instrument or something, the post war Lionel craze to a certain extent was driven by collectors who were of the generation who thought they were hot stuff, had the money to buy it, and created excitement (read greed) among those who never looked or played with trains, but saw it as the next bubble after beanie babies and the like *shrug*......cars are a bit different, though I wonder in 10,15,20 years what that world will look like, you look at the car auctions, you see a lot of guys who look a lot like the guys who have trains, and there is a decided disinterest in cars among younger people from what I can tell, so who is going to be the collector? There always will be some, a rare bugatti royale or a ferrari with a pedigree will always have cachet I suspect, but will we continue to see muscle cars from the 60's and 70's selling in 6 figures when our generation(s) are nearly gone, and the younger kids are now the 'old farts' grumbling about the young' uns?  My own personal feeling is like the member of Pink Floyd who has a collection of performance cars and has a business renting them out for people to drive, he said these were not works of art, they were meant to be driven and enjoyed, and to him (and me) whether cars or trains, not much fun in just letting them sit there...but that is me. 

 

 

 

 

 

Johnsgg1 posted 

Bob, a train shop I service for has one of these NIB.  What do you think would be a good price if I were so inclined to buy it from them?

John...my set was on a table in the blue hall with a price tag of $875.00. I walked by it 4 times on Thursday and 3 times on Friday and finally asked the vendor if he would take 800 ? He took it with no hesitation... which leads me to believe I could have gotten cheaper. Mine is sealed too.They retailed for $1099.00 when new according to the Lionel catalog...it's a lot of money either way for a set but it has a nice engine in it .

 

 

taycotrains posted:
Johnsgg1 posted 

Bob, a train shop I service for has one of these NIB.  What do you think would be a good price if I were so inclined to buy it from them?

John...my set was on a table in the blue hall with a price tag of $875.00. I walked by it 4 times on Thursday and 3 times on Friday and finally asked the vendor if he would take 800 ? He took it with no hesitation... which leads me to believe I could have gotten cheaper. Mine is sealed too.They retailed for $1099.00 when new according to the Lionel catalog.[b]..it's a lot of money either way for a set but it has a nice engine in it .[/b]

 

 

Yes, the engine is very nice.  If I could buy a pre-owned but unused one for 25 cents on the dollar I would use it to pull my Lionel Lines Madison passenger cars. 

Last edited by GregM

Just a question, guys.  What if I bought a sealed MTH O gauge tinplate set thinking it was the coolest thing in the world (with a scale Hudson loco) and as soon as I received it, asked myself why on earth I fell prey to the impulse buy and bought it.  Will I do any better selling it as mint sealed, or should I just go ahead and open it and at least look at it before I sell it?  I'm not ruling out keeping it either.

Needless to say, in the future I will think through my purchases more carefully before I hit the BuyItNow button.

Thanks,

  I wouldn't care about age. I want to see it. Even in the store, but especially from a private seller*.

If you are going to sell it for sure; don't open it. Leave that choice to the prospective customer. Gauge them for seriousness, and possibly allow them to open it if you feel they really want it and are unlikely to baulk if it is ok. Because once it is open, if they baulk, you loose the future sale possible to the collector that want's it sealed. 

  I know a guy that had a used car priced a tad too high imo, but would not budge on the price 1¢. "Eventually someone will pay it" He drove the car for three years with a for sale sign and folks looked often, but passed on it.  Eventually he got paid what he wanted and got three years of use on top of it. The buyer was satisfied too. (He became a regular customer at that bar.) The technique isn't fool proof, but fairly effective if you aren't in a hurry to sell.

 Refusal to sell. That is part of why some trains went up in value also. Folks wouldn't sell what they had. E.g. I'm not ever selling my PW mechanical operating gunfighter for going rate. They person needs to offer me more than "going rate" to part with it.(far more). It boils down to; does that buyer have more money than time at thier disposal to search out another...will they get the chance to see another?   I turned down $150 in the late 70s early 80s. I could have profited, but glad I didn't even though I think I could likely get one cheaper today.(?)

  Ebay is a little different.  It can be better than a store for returning some items; because Eb is only playing arbitrator, there is less chance of a bias. A store manager might deny you for no reason other than a greasy hot rodders T-shirt, and accept the same item from a suit & tie the next day without wanting to even see a receipt. (both me, but the same manager. I shallowed him out once I had my money. You should have seen his face, lol)

  * Maybe I feel this way because I watched a locally bannered truck selling things all day at a gas station across from work.  Hearing about and seeing the great deals, at the end of the evening all of our employees went to check it out. And out of 12-20 boxes bought by us, the other 6 folks with the video cameras were laughing pretty hard at all our shrink wrapped boxes containing bottles of Absolute.   

 .....filled with water too; so no relief for that feeling what so ever.

(stolen banner and faked peddlers licence even fooled the cops earlier)

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