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Lionel, LLC is an American designer and importer of toy trains and model railroads that is headquartered in Concord, North Carolina.Its roots lie in the 1969 purchase of the Lionel product line from the Lionel Corporation by cereal conglomerate General Mills and subsequent purchase in 1986 by businessman Richard P. Kughn forming Lionel Trains, Inc. in 1986.
Trainmaster Command (TMCC) is Lionel's electronic control system for O scale 3-rail model trains and toy trains that mainly ran from 1994 to 2006. Conceptually it is similar to Digital Command Control (DCC), the industry's open standard used by HO scale and other 2-rail DC trains.
In 1969, Lionel's sales had declined to just over $1 million per year. Lionel sold the product die tooling for its struggling train line and leased the rights to the Lionel brand name to the cereal company General Mills. The Lionel brand name continues today, owned by Lionel, LLC. But many Lionel train enthusiasts consider 1969 the end of the ...
What is Lionel Richie's net worth in 2024? Lionel Richie has an estimated net worth of $200 million in ... It topped the Hot 100 for nine weeks and is still the chart’s best-performing duet of ...
In May 1967, Lionel Corporation announced it had purchased the American Flyer name and tooling even though it was teetering on the brink of financial failure itself. A May 29, 1967, story in The Wall Street Journal made light of the deal, stating, "Two of the best-known railroads in the nation are merging and the Interstate Commerce Commission couldn't care less".
Made of 95% copper and 5% tin and zinc alloy, it sold for $1.7 million in 2010 but is valued at $2.3 million in mint uncirculated condition. More recently, it went for $840,000 at an auction.
The set of six 2022 World Cup jerseys worn by Messi sold for $7.8 million at auction on Thursday. (Photo by TIMOTHY A. CLARY / AFP) (TIMOTHY A. CLARY via Getty Images)
Standard Gauge, also known as wide gauge, was an early model railway and toy train rail gauge, introduced in the United States in 1906 by Lionel Corporation. [1] As it was a toy standard, rather than a scale modeling standard, the actual scale of Standard Gauge locomotives and rolling stock varied.