The 1032 is almost identical to the much-admired 1033. In fact, since your candidate was made in 1948, it very likely is a 1033 with a 1032 nameplate. Lionel was short of the 75-watt transformer used in the 1032 and substituted the 90-watt part from the 1033 in most 1948 1032s.
Bob Nelson
Our community is FREE to join. To participate you must either login or register for an account.
Get the Classic Toy Trains newsletter delivered to your inbox twice a month