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I've been watching a few LL P2K 2-8-4's on ebay for a while now. Most sellers start the bidding around the $150 mark with a reserve on them (meaning the seller has a hidden set price they want above $150 before they will sell it). Others on ebay have them listed between $180 and $269. Any one of them below $230 has not sold, either because the reserve was not met, or no one placed a bid. As a comparison, I checked on-line dealers and they want about $270 for these engines. My question is, "Is a P2K 2-8-4 worth $220 to $270?" This seems like a lot of money for this engine when you compared it to a BLI or other newer/used brass engines, which I would argue are better quality and come with better features (sound/DCC in BLI's case). I mean if you're going to spend $230 on an engine, wouldn't you put your money into a BLI unit? The fact that these engines are not selling on ebay should be an indicator that their not worth that much. The market demand seems to be less than the asking price.
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