I am envious!
Very nice! Really a rare item, thanks for sharing your pics.
Might I suggest you also post this over on the Prewar American Flyer thread started by Northwoods?
Ray
Bayville, NJ
Life is what happens to youWhile you're busy making other plans - John Lennon
Above: Picture of American Flyer 207 Signal, from a reprint of the 1910 foldout catalog
Above is a signal I acquired which I believe is the 207, though it was not sold as same and is unmarked. The red glass in the green square is not connected to the signal arm, and is set separately.
It is likely made in Germany. It appears again in the 1914 catalog, and then disappears from catalogs, no doubt as a result of cut off of imports from Germany during WWI.
Below is a closeup of the signal arm made of cast metal.
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