Yes they were expensive but many have lasted from the pre-World WarI years until the present time. That's over a hundred years. I'd say they were worth every penny. Think the new stuff will be around 100 years from now? 
On the other side of the coin we have Marx Trains which were very inexpensive and even they are still working 70 or more years after being manufactured. The old cliche, "They don't make them liked they used to" still hold true.
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