Lionel Chessie
Lionel Chessie
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 Lionel O Chessie Steam Special Passenger Set 6 8003 and 6 9581 through 6 9586  US $899.95
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 Lionel 31734 and 25103 Chessie Steam Special Set Loco 2101 US $599.95
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 Lionel 6 38405 Chessie System CSX Heritage LEGACY AC6000 8451 NIB US $549.99
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 LIONEL 38405 CSX CHESSIE SYSTEM HERITAGE AC6000 DIESEL US $524.95
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 LIONEL 38406 CSX CHESSIE SYSTEM HERITAGE AC6000 DIESEL 2659 US $524.95
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 Lionel O 6 38405 AC6000 Chessie System CSX Heritage Legacy 8451 NEW US $522.49
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 Lionel 6 8003 Chessie Steam Special 2 8 4 berkshire ste US $435.00
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 LIONEL 8003 CHESSIE STEAM SPECIAL SET ENGINE W 5 PASSENGER CARS BOXED US $430.00
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 Lionel Chessie System CSX Heritage LEGACY Scale AC6000 8451 6 38405 US $425.00
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 LIONEL 11705 CHESSIE SYSTEM LTD EDTION UNIT FREIGHT SET FACTORY SEALED US $399.00
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 Lionel 6 18011 Chessie System T1 4 8 4 Locomotive2101 Tender W OB BLT1991 US $429.99
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 Lionel Trains Chessie System 1988 Limited Production Set US $359.99
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 LIONEL 1070 CHESSIE ROYAL LIMITED FREIGHT SET OB MINT LOOK US $339.99
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 NEW LIONEL 6 28205 Chessie System SD 9 Diesel Engine 1833 US $329.99
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 lionel 30131 Chessie System Merger Special set mint US $329.99
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 Lionel new 6 30131 Chessie System Merger Diesel Freight US $300.00
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 LIONEL 6 11705 CHESSIE CO LIMITED EDITION 1988 DIESEL FRIEGHT SET W OB US $299.00
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 Lionel O Chessie BO Die Cast Hopper 2 Pack 6 26985 US $239.99
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 Lionel chessie 3bay diecast hopper 2 pk opening hatches load more NIB 26985 US $229.00
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 Lionel 4043 WM Chessie System diesel locomotive US $200.00
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 Lionel 6 8463 Limited Edition Chessie GP 20 diesel loco US $190.00
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 LIONEL Diesel Freight Starter Set New in Box Chessie System 6 31915 US $189.00
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 LIONEL CHESSIE GP 38 DIESEL LOCOMOTIVE train sounds engine system 6 30131 NEW US $188.84
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 Lionel 17100 17101 17102 17103 17104 Chessie 3 bay ACF Hopper 5 Car Set US $183.08
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 LIONEL No 6 8463 BO Chessie GP 20 Diesel and 2 No6 9740 Chessie box cars US $180.00
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 1974 Lionel 6 8463 Chessie System GP 20 Diesel Engine L0289L US $177.00
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What is the value of this Lionel Train set?
I have a Lionel Chessie Flyer Model Train set that was manufactured in 1997. I only used it a few times and it's in great condition. Since the company is defunct, how much would this train set be worth?
Lionel is quite alive and well, and cranking out products which are better than they've ever been.
Modern era trains aren't especially valuable. No one collects them yet, and lower end sets(like the Chessie Flyer) probably will never be especially collectible.
In general, based on what I've seen at local train meets and on Ebay, brand new and unopened 10-20 year old starter sets tend to bring half to 3/4 of the original MSRP. Opened and run sets bring about 1/4 to 1/3 of the MSRP.
As per my '98 Lionel catalog(I couldn't locate a '97, but I doubt the prices changed much), the MSRP of the Chessie Flyer set was $149.95. So, that means, realistically, you're looking at the set being worth $40-50.
Like I said, don't hold on to it with the expectation that it will become more valuable, or at least by an appreciable amount. You're far better off letting your kids, grandkids, or neighbors play with it and have fun.