Lionel train collectors can be found world wide and the values of the pieces vary greatly. It is typical that the older pieces tend to be more value simply to rarity. Or course, as with any collectible, whether it be memorabilia, vehicles, art, or designer goods, condition and rarity are key. The production of reproductions by Lionel and has somewhat diluted the market and decreased some values, which further makes the older versions even most desirable.
The LEGACY equipped steam and diesel locomotives are highly desired as well as the Vision Line of locomotives and cars.