Last Sunday I went to the Greenberg’s Model Train Show at the Meadowlands Exposition Center in NJ.
I went for the two days and on the first I found this Lionel Prewar 150 under a table and was able to purchase it for $20.00.
The Train needs some TLC like new paint (As it was repainted) and new wiring as there are bare wires and shows as a short. These motors are very robust and should work fine.
Price was right and will rep[lace the pickup rollers with a repro that comes in parts and will accept the original badge, new repro couplers, new repro head light, new repro bell.
Not sure of the paint scheme but since it was a repaint I will strip it and may do a Lionel scheme paint job. Frame will be blue shell will be orange with a blue roof, blue window trim, blue doors on the sides and ends with orange wheels and orange cow catcher. Shell will be re stamped with the NY Central and 150 as was the original.
I would not call this a restore project but a Fantasy Engine Project