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[quote user="Trace Fork"] Admittedly, bids in a true auction environment can be driven by adrenaline, but there were certain models offered at the auctions[/quote] There have always been single models that hold their price, W&R models for example. But live auctions seldom show the market value. And don't overlook, you woudn't get paid for the time and money you need to remotor a 1980s brass steam locomotive and make it run flawlessly. So even if you get your money back you make a loss. And than there is inflation. Large dealers often have promoted brass models as investment. Sure, they hold their value better than plastic model but with inflation in mind I never believed. An example: Tenshodo GN L-1 2-6-6-2. It held its price inflation adjusted with $1,500 in 2016. And than the price plummeted to $900. In the meantime I had to remotor the L-1 because the old original coreless motor got just running the engine light. A good investment? for sure not but luckily model railroading as investment hadn't interested me. The brass market is aimed at collectors. Who else buys a HO-scale Big Boy for $3,000+, or the NS Heritage fleet though excellent plastic models were available. Add the n-th run of RS-3s though there are nice plastic models and an even better one is announce. Where they might get model railroader might be the most modern locomotives like e.g EMD SD70ACe-T4, EMD F125, Siemens SC44 Charger. But that is perhaps too much development cost. Regards, Volker Regards,Volker
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