Valuable Lionel Diesel Locomotives
Lionel as a company took their time when it came to making diesel locomotives. Some of the first diesels produced by the company before WW II were the M10000 and Zephyr models.
1948 marked the beginning of the Golden Post War era for Lionel and some big changes were in store. Lionel introduced it’s F3 diesel model locomotive, made in a joint arrangement with the makers of the actual real life locomotive, General Motors EMD, and also the Santa Fe and New York Central railroads. This diesel was a huge hit and launched Lionel model trains to iconic status as one of the most popular and coveted hobby items or toys.
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![]() Lionel Orange Blue Set Sd 28 Diesel Caboose 8 Cars US $635.00 --> Ends In 2h 40m <-- ![]() | ![]() Lionel 28592 Norfolk Western Gp 7 Diesel Loco Nib US $499.99 --> Ends In 5h 45m <-- ![]() | ![]() Lionel 28269 Sf Dash 8 40bw Diesel Loco Nib US $499.99 --> Ends In 5h 45m <-- ![]() |
![]() Lionel 31787 Canadian National Bathtub Diesel Train Set US $649.95 --> Ends In 10h 13m <-- ![]() | ![]() Lionel 38324 2507 New Haven F3 Diesel Freight Set Nib US $490.00 --> Ends In 14h 55m <-- ![]() | ![]() Lionel Postwar 2379 Rio Grande F3 Diesel Ab Units US $553.35 --> Ends In 18h 50m <-- ![]() |
![]() Lionel 21790 Canadian National Tank Train Diesel Set US $795.00 --> Ends In 1d 4h 56m <-- ![]() | ![]() Lionel Erie Railroad Alco A B A Diesel Locomotives Tmcc US $450.00 --> Ends In 2d 1h 54m <-- | ![]() Lionel 6 24534 Erie Lackawanna F3 A B A Diesel Set Nib US $899.99 --> Ends In 3d 18h 1m <-- ![]() |
![]() Lionel Pennsylvania Gp 30 Diesel Freight Coal Train Set US $749.99 --> Ends In 3d 18h 1m <-- ![]() | ![]() Lionel 18191 Western Pacific Aa F 3 Diesel Locomotives US $574.95 --> Ends In 4d 1h 10m <-- ![]() | ![]() Lionel 18140 Milwaukee Road F 3 A Diesel F 3 B US $549.95 --> Ends In 4d 1h 10m <-- ![]() |
In this current time, many post war Lionel diesel locomotives are valuable items on the serious collector’s market. Many of the uncommon variants of various diesel trains from actual American railroads can be quite valuable fetching prices into the thousands.
Be it the EMD F3, the ALCO FA or the Fairbanks-Morse, Lionel made a model of it and you can find many of them here on ModelTrainsYard.com. The current state of the financial world has caused many to sell their valuable trains, creating a great opportunity for those looking to expand their collections or perhaps even start one for less than it would cost just a year ago.

















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