LEGO 118 Small Train Set is a vintage Trains set from 1968 valued at $1,555 for new and sealed sets, up 9929% from an original retail price of $15.50. Annual appreciation has averaged 8.28% since release. Used copies are valued between $73 and $90 depending on condition.
LEGO 118-2 Small Train Set, also known as Electronic Train, is a Trains/4.5V set released in 1968, containing 451 pieces. Released only in Europe, the set includes a black motor, a black holder for three 1.5V batteries, a white microphone block, a transparent electronic circuit block, two cables with color-coded plugs, wheels, couplings, and a whistle. These components could be used to build three train cars and provided electronic control functions for the train. It is closely related to set 138 Electronic Train, which includes both forward and reverse operation, while 118-2 only runs forward, and to set 118-3, a U.S. release of the same set. Based on current trends, this set could be valued near $1,673 within the next year.
Small Train Set (118-2) is a very old and rare LEGO set. It has not been available online or in retail stores in good/new condition for over 2 years. Because of its scarcity, the current estimated value of in new condition of $1,554.50 may be much lower than its true market value. Released in 1968, sealed sets in good condition are especially difficult to find, often commanding a premium well above estimates.
There are currently no new/sealed listings available for Small Train Set at this time.
Check eBay