Jfabs, You have asked the Question and do not get discouraged with my thoughts. I agree that the 1937 “700 J1e Lionel NYC Hudson “ is one of the most desirable steam locomotives to ever own. A dream come true. I have 2 friends that have these prestigious locomotives and they reside on shelves. Neither one is what I call like new, but, they are not warped, broken, or cracked, and do operate ok. Although I think this engine would be fun to own, in the condition your engine is in, I would have it totally restored. There are folks on this forum that can take this locomotive and make it like new, run like new, and be a focal piece on your layout.
Since 1937, Lionel has offered many renditions of their famous J1e Hudson, the 1950 being a great model, and many more through the 1980’s, fast forward to 1993 a great looking model exemplifying perfection without command control, then fast forwarding to 2010 the feature rich VisionLine Hudson. I believe that bringing your model up to date, would enhance your value and that’s exactly what I would do. I would contact Harmonyards. He’s a perfectionist.
Congratulations on your acquisition, I am not an authority on the value of your 1937 Hudson, I have seen like new ones bring big money, over $10K, so, this is why I suggest having this antique, highly desirable collectible, totally restored to its original condition.
Thank you for posting the pictures.
Leapin Larry
