You are looking at a great early Lionel 1920s O gauge engine, beautifully restored!
The 253 New Haven style electric engine is a really nice early prewar piece that came in a few different variations–do you have them all?
The maroon version was generally 1924-25. The restorer used the cast version headlights (instead of strap) as well as solid red hub wheels (instead of the red spoked). A good looking engine, running and reversing.
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