Round 2, a collectibles company and portfolio company of Praesidian Capital, today announced it has acquired Lionel, LLC, a historic brand founded more than 125 years ago. In a press release sent to Classic Toy Trains, the arrangement will create the Lionel Brands Group. The deal unites two category leaders under one roof, giving the […]
Last week, CTT posted an announcement that Round 2 intends to purchase Lionel LLC. Lionel is 126 years old and as an icon in the hobby, hobbyists have questions and concerns about its future. I’ve put together some commentary on what might happen, given what I know about both brands. I’d love your input; please […]
For over 125 years, the name Lionel has been synonymous with toy trains. The storied American manufacturer, founded in New York City, has changed hands more than a few times over the years. As Round 2 prepares to acquire Lionel, LLC, and create the Lionel Brands Group, let’s take a look back at the history […]
Classic Toy Trains recently posted an article announcing Round 2’s intent to acquire Lionel, LLC. If you’re not a die-cast or plastic model kit fan, you might not be familiar with Round 2 or its product lines. According to Tim Kidwell, Editor-in-Chief of FineScale Modeler magazine, Round 2 is best known for producing plastic model […]
The parent company of Round 2, Praesidian, has announced their intent to acquire Lionel Trains. The following press release was shared with the editorial staff of Classic Toy Trains: As you may have heard, Praesidian’s portfolio company, Round 2 has announced its intent to purchase Lionel, LLC. In the weeks ahead, as the transaction progresses, […]
The world of O-gauge, 3-rail track comes in three main choices: tubular, roadbed, and realistic. The next challenge is selecting the right brand from the many manufacturers — some still in business, others long gone — that will fit your wants and desires. Atlas Model Railroad Company, Inc. Address: 378 Florence Ave., Hillside, NJ 07205 […]
Talk about inspiring dreams of greatness! Sepia-tone photographs sprinkled about in the opening pages of Lionel’s consumer catalog for 1940 couldn’t have done a better job of persuading kids and their fathers to buy an electric train and build a model railroad. Especially convincing was the picture on page 11, the companion to one on […]
Though I’ve been in the hobby for more than 70 years, I’m still amazed at the number of new products being released. Gone are the days when the Lionel or American Flyer “wish books” would fill our dreams of new engines, cars, or accessories. Now we have the internet, hobby shops, and train shows to […]
The Lionel Collectors Club of America (LCCA) announces a custom-run Lionel GP40-2 as part of the VisionLine line. The locomotive features EMD GP40-2 engine sounds, road number specific details and lighting, new crew figures, O-60 operation, and much more. Expected delivery in late 2026. Price: $765 (for LCCA members). To order, visit the club’s website […]
When stacking up my wish list from Lionel Trains’ 2025 Volume I catalog, I included one of the Lightsaber illuminated boxcars from the new line of Star Wars-themed sets and rolling stock. Being a fan of the franchise, I was serious about ordering one. In the end, I guess you can say I turned to […]
Becoming acquainted with Robert Sherman, the talented and kind-hearted artist affiliated with Lionel and Diorama Studios, stands as a highlight of my career at Classic Toy Trains. Though frail when we met in the early 1990s, Bob eagerly shared stories of his contributions to the postwar consumer catalogs as well as his involvement with the […]
Command control systems allow more ways than ever to operate your toy train today, and if you’re new (or you’ve been away from the hobby), choosing a system might seem overwhelming. Don’t worry; we’re here to help! Let’s review the choices, along with their pros and cons. Conventional “Conventional” operation means you use a transformer […]
