Went for $3,500.00 on the bay!
With that in mind,my 2010 version has got to be worth at least $5000...right...
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Kind of steep for a used train.
I saw that too, made me do a double take! I've seen these go for around $1,500 on ebay within the past few months. Can't believe two people have bid up to past 8x that amount.
This is a rare one signed by Mr Cowan but no warranty.
I could buy my whole collection for the sales tax alone on the Buy It Now! Hope they weren't counting on this to retire on.
Pete
If I had a throwaway account, I would buy it. Not the auction, the other Buy It Now for $2M.
I might consider selling mine for that, heck I'd even throw in the cars.
Shipping is $22.55... two thoughts:
1 ) wonder if that covers insurance and can you imagine punching that value into USPS?
2 For that price, wouldn't you think shipping would be free?
What, no free shipping? 
I sniff the vague odor of rodent. 
Pete thinks I’ve got a gazzilion engines,....even at a gazzilion, I don’t have that much in all of them combined......guess it’s time to convert a bunch of Berks.....to the paint shop!!!....
Pat
If it was only $12,000 I'd take it, but $12,300 is just too much.
Note all the zero feedback bidders. Gee, who could that be?
What a joke! Has anybody stopped to consider this auction might be a stupid scam. Over the years there have been plenty of scams on 'ebay' from sleazy sellers. And 'ebay' has been trying to stop it from happening on their auction site for many years.
there has to be some looney people involved in this.
Lets face it, this is a hobby. The trains are not investments, they are the cost of having fun. You might luck out and sell some for more than you paid. But most are not going to be treasures to fund your retirement.
I think especially with the electronics in this stuff going obsolete in 5 years or so, the value of the modern stuff won't go up. What can you do with it when the smoke gets out of the circuit board and you can't get a replacement? When PW trains were much in vogue, you could repair or have someone repair about anything and restore it. And most stuff still ran on the same control systems. Now there are so many controls systems, and so many no longer supported, it is hard to figure out what makes it go!
Seriously, model trains, like automobiles are a cost, not an investment. if you look at it that way, and you won't be disappointed and if someday you sell some and think you did well, you will be very pleased.
Hey, if any of you are interested I will sell mine for 1/2 of his minimum bid.
Scott Smith
Look at the bidders. The one with 35+ feedback has 56% of his transactions with this seller. The one with 8+ feedback has 100% of his transactions with this seller. Then there are a few others that have 0 feedback. Smells a bit fishy, but I don't know what.
Looks like the real bidding stopped around $844
Shill(s)??
noun
a person who poses as a customer in order to decoy others into participating, as at a gambling house, auction, confidence game, etc
Probably because it's a 'cast iron' version, and not the normal Lionel die-cast zinc.
Says so in the "Item specifics" towards the bottom of the ad. 
Guys,guys,
It should be very obvious that it is not a true auction. The top 2 guys and seller seem to know each other. I would stay away from it at all costs. There are way too many items posted on eBay that are over priced. Not just what the op has posted but many, many others.
Remember it is the Christmas season, time of year for all the scammers to come out of thier holes. Be careful and have a great holiday season.
Dave
I guess the big question would be why and who in the right mind would post a $1,500 locomotive for $2m? I know it could possibly be due to one the season and two the pandemic but why?
