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There have been two schools of thought on restoring trains for a long time. Plenty of people prefer to have items with their original "Patina", as opposed to a restoration. (I am one of them). But to each their own.
That written, a few of the trains pictured above are in such a poor state, that even I would either part them out, or restore them.
I've read that a preference for originality has crept into the world of car collecting too.
I'll never understand how anybody can place a higher value on a restored item because it's painted in a rare color. As if the rare colored paint cost more than a common paint color. (Last I knew, the price was the same for all colors)