QUOTE: Originally posted by deschane My Third edition BROWN BOOK, printed in 1994 shows PFM's C&O K-3s to have been produced in 1978. There were two releases of 350 each. They were built by Atlas/Asahi and are Crown models. When built, they sold for $495.00 and $550.00. In mint condition they sold in 1994 for $730.00 and had an average price of $590.00 to $650.00. Do crown brass pieces sell for $4,000.00? Yes! Is this piece worth $4,000.00? Not likely!
cheers, krump
"TRAIN up a child in the way he should go, and when he is old he will not depart from it" ... Proverbs 22:6
QUOTE: Originally posted by deschane Bigboy4015, The question was: "Is there anyone out there who actually believes a 30-35 year old PFM locomotive is worth $4,000"? My opinion is, yes, there are PFM brass locos that are worth $4,000.00, to buyers willing to pay that amount. All of you thinking NO, no loco is worth that much, are wrong! To make a statement about the value of something, you need to understand the market. There are people out there whom collect brass locos and know how much they are worth amongst other collectors. For them, maybe the whole hobby is collecting brass, or maybe collecting brass is a facet of the hobby they really enjoy. I have stated the following on a few occasions on this forum and always seem to be shot down for doing so, BRASS LOCOS CAN BE AN INVESTMENT!!!!
Bill Carl (modeling Chessie and predecessors from 1973-1983) Member of Four County Society of Model Engineers NCE DCC Master Visit the FCSME at www.FCSME.org Modular railroading at its best! If it has an X in it, it sucks! And yes, I just had my modeler's license renewed last week!