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Post by MONSTERRAILROAD on May 11, 2015 9:52:36 GMT -8
Well I said Overland Models demise was coming and it is true. I got the email from my two reservations that reads: Notice - All Overland Models future brass productions have been cancelled! dvm 05-12-15 So the brass market is surely taking a hit!! I was truly just hoping for at least one more run of the late SD70ACe engines before the demise but that will not happen! RIP 2015 - Overland Models Inc. Brass Division.  |
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Post by mlehman on May 11, 2015 10:01:41 GMT -8
Definitely bad news, Al.  I guess the bright side is it'll be good for the ol' bank account  And it certainly raises the possibility for an incremental rise in the appreciation of those who have a collection of OMI. Very glad I bought my Rio Grande standard gauge cabooses when they were available. It's not a big collection but it's a vital one for those of us who prefer to never have to meet FRED. So who else is out there? The market used to be big, now it's small and most were gone before OMI threw in the towel. On the other hand, OMI was a big fish. Perhaps if someone else can work out the production and retailing complexities of today's market, there's an opportunity here now that was not here this morning for others to give it a go. |
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Post by eh49 on May 11, 2015 10:04:35 GMT -8
Now, about those people who had deposits down on the NS Heritage units. I think Overland would have done better if they would have stuck with cabooses.
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Post by calzephyr on May 11, 2015 10:26:20 GMT -8
Well I said Overland Models demise was coming and it is true. I got the email from my two reservations that reads: Notice - All Overland Models future brass productions have been cancelled! dvm 05-12-15 So the brass market is surely taking a hit!! I was truly just hoping for at least one more run of the late SD70ACe engines before the demise but that will not happen! RIP 2015 - Overland Models Inc. Brass Division. Al This is a sad day for sure, but from what I know, it has to do with the up front money needed to start a project than the slow sales of wanted brass that many of us would purchase. PSC, DVP and Sunset along with BLI are still bringing in brass or Hybrid brass in the case of BLI and Sunset to some degree. There is a market for really nice and accurate models but no doubt it is a much smaller market than it was in past years when brass was the only game for most models. The prices of used brass for rare items is over the top recently. Two of the last run Overland 8500 HP turbine were recently listed for $3499 at Dan's Trains and those two sold for that price in two days. Larry |
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Post by kentuckysouthernrwy on May 11, 2015 10:59:35 GMT -8
Two of the last run Overland 8500 HP turbine were recently listed for $3499 at Dan's Trains and those two sold for that price in two days. Larry Obviously there is a market for those, sure wish someone would do them in HO. Might resort of kit bashing a sort-of model sometime. |
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Post by bigblow69 on May 11, 2015 11:04:56 GMT -8
Makes the turbines I purchased worth that much more once I decide to sell and move to Romania.
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Post by atsfan on May 11, 2015 11:32:09 GMT -8
Not surprising.
Rapidly rising prices and smaller runs are not a long term business model.
We need hope for better outcomes for plastic importers.
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Post by WP 257 on May 11, 2015 11:33:38 GMT -8
Well, we all knew this day was coming. There are still a couple importers left, but OMI will be missed.
I have only $50 deposit down on a caboose, so I'm fortunate compared to some.
Seems like it was more a (lack of) supplier issue than an Overland issue...
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Post by bigblow69 on May 11, 2015 12:17:30 GMT -8
And yet there is a market for a $3500 Brass Big Boy?
Got rid of many lower quality brass models years ago. Most now are the most recent offerings before things tanked.
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Post by nebrzephyr on May 11, 2015 12:32:30 GMT -8
Interesting. Don't see anything on their website about shutting down. Bob
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Post by riogrande on May 11, 2015 12:54:40 GMT -8
Interesting. Don't see anything on their website about shutting down. Bob Maybe it's only the brass division thats shutting down? |
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Post by edwardsutorik on May 11, 2015 13:10:30 GMT -8
No one's mentioned North Bank Line, Coach Yard, or Glacier Park.
I sure wish OMI had stayed around long enough to do the NW5's. Although the Southern sample looked kinda poorly done. These locos deserve to be done to perfection because: 1.) You don't need very many 2.)They draw the eye 3.)And they are waycool
I've got an NW5 and an NW3 from the olden days. BOY, do they need "fine tuning".
Ed
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Post by rockfan on May 11, 2015 13:59:39 GMT -8
Sad news. I was hoping for more Rock Island Cabeese and other items.
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Post by calzephyr on May 11, 2015 14:06:13 GMT -8
No one's mentioned North Bank Line, Coach Yard, or Glacier Park. I sure wish OMI had stayed around long enough to do the NW5's. Although the Southern sample looked kinda poorly done. These locos deserve to be done to perfection because: 1.) You don't need very many 2.)They draw the eye 3.)And they are waycool I've got an NW5 and an NW3 from the olden days. BOY, do they need "fine tuning". Ed There are several importers still bringing in items and they will continue until they can no longer finance the deals. Look at all of the past companies over the years that came and went. Max Gray, ALCO, Balboa, Westside, PFM, Global Outlet, Oriental Limited, LMB, Gem, AHM, Austin, International, Trains, Custom Brass and now Overland. Key is still importing O scale but not much HO since Samhongsa stopped building brass models. I am sure there are more that could be listed, but at this time, the point is this has been going on for many years. Larry |
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Post by edwardsutorik on May 11, 2015 14:28:26 GMT -8
Larry,
I think Oriental Limited morphed into Sunset. If so, it didn't really disappear.
And let's not forget NWSL. I still remember when those articulated tank locos of theirs showed up. SUPERCUTE!!!!! I got one of their later ones awhile ago--I finally just couldn't help myself. The think is about the size of a 50' box.
And then there's Ken Kidder. I've got one of his LS&MS 4-6-0's. Again, I was seduced by the photo in MR--what a big beautiful ten wheeler--in the classic 1890's style.
And then there's Suydam. All those streetcars/interurbans.
And Lambert. I'm sort of a family friend.
Oh, yes. All those brass importers of all those beautiful (sometimes more, sometimes less) brass models. What a treat they have been. Even when I was just a dollarless teen ager, I still drooled over the photos and the unobtainable models in Clark Keene's shop. Until they weren't.
Ed
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Post by Great-Northern-Willmar Div on May 11, 2015 15:01:44 GMT -8
I think Oriental Limited morphed into Sunset...... OL more less just upped and quit. Challenger Imports took over the models that were in the pipeline. This is why you have models in OL's gold box with Challenger Imports stamped on the label. As we know CIL announced it was quitting the business overnight in 2005. Railway Classics formerly Shoreham Shops was also in business one day and announced it was gone the next. |
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Post by edwardsutorik on May 11, 2015 15:39:14 GMT -8
Railway Classics formerly Shoreham Shops was also in business one day and announced it was gone the next. Shoreham Shops to Railway Classics to Union Terminal Imports Ed |
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Post by Dear Leader on May 11, 2015 16:14:37 GMT -8
I can find nothing anywhere that says the Overland brass division is dead. Where are you getting your information? Is it just from a dealer that you had reservations with, or from Overland itself? There is nothing on the overland site.
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Post by Dear Leader on May 11, 2015 16:20:53 GMT -8
No one's mentioned North Bank Line, Coach Yard, or Glacier Park. I sure wish OMI had stayed around long enough to do the NW5's. Although the Southern sample looked kinda poorly done. These locos deserve to be done to perfection because: 1.) You don't need very many 2.)They draw the eye 3.)And they are waycool I've got an NW5 and an NW3 from the olden days. BOY, do they need "fine tuning". Ed There are several importers still bringing in items and they will continue until they can no longer finance the deals. Look at all of the past companies over the years that came and went. Max Gray, ALCO, Balboa, Westside, PFM, Global Outlet, Oriental Limited, LMB, Gem, AHM, Austin, International, Trains, Custom Brass and now Overland. Key is still importing O scale but not much HO since Samhongsa stopped building brass models. I am sure there are more that could be listed, but at this time, the point is this has been going on for many years. Larry Importers went out of for various reason. Max Gray died and his wife sold the business off. Others just retired, died, or left the business because as better detailed models came along. Loss of builders in Korea and the inability to find others builders doomed several importers. To say there is no market for brass is erroneous. |
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Post by atsfan on May 11, 2015 17:21:02 GMT -8
There are several importers still bringing in items and they will continue until they can no longer finance the deals. Look at all of the past companies over the years that came and went. Max Gray, ALCO, Balboa, Westside, PFM, Global Outlet, Oriental Limited, LMB, Gem, AHM, Austin, International, Trains, Custom Brass and now Overland. Key is still importing O scale but not much HO since Samhongsa stopped building brass models. I am sure there are more that could be listed, but at this time, the point is this has been going on for many years. Larry Importers went out of for various reason. Max Gray died and his wife sold the business off. Others just retired, died, or left the business because as better detailed models came along. Loss of builders in Korea and the inability to find others builders doomed several importers. To say there is no market for brass is erroneous. No market, no. Very small market getting smaller all the time, yes. |
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Post by MONSTERRAILROAD on May 11, 2015 17:33:21 GMT -8
I can find nothing anywhere that says the Overland brass division is dead. Where are you getting your information? Is it just from a dealer that you had reservations with, or from Overland itself? There is nothing on the overland site. Overland Cancelled all their future production releases and that message came directly from Caboose Hobbies out of Denver, CO. I reserved the new Cat SD70ACe and the later SD70ACe with the Antenna "Ant Farm" on the cabs a year+ ago. Well I got two emails today from them of a cancelled invoice with the exact words in it that I posted earlier. The message was very clear to me that they are done, as many of us have long suspected anyway since they failed to release ANY of the 2012+ models that were on reservations. It is not like the writing was not on the wall a long time ago. |
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Post by MONSTERRAILROAD on May 11, 2015 17:37:18 GMT -8
Example, Remember this announcement 2 1/2 years ago? It was expected to arrive in 2013, well 2 years later and nothing, well the writing was on the wall for a very long time.
EMD SD70ACe #1201 Yellow/ Black/ Gray/ Silver
October 21st, 2012
Overland Models visited the EMD SD70ACe #1201 Fleet locomotive in East Peoria and Peoria, IL at the Caterpillar facility last Friday. We were able to photograph this beautiful new SD70ACe that was specially painted in Caterpillar colors to take part in the Caterpillar exhibit at MinExpo held earlier this Fall in Las Vegas, NV.
The 4,300 horsepower SD70ACe EMD #1201 was built and painted in London, ONT, CANADA. Upon completion the unit was tarped and transported from London to Las Vegas where it was on display at MinExpo and then tarped once again and transported to East Peoria IL where the tarp was removed. On Saturday October 20, 2012 the unit was on display along the Peoria IL Riverfront just behind the brand new CATERPILLAR Museum along with three flat cars loaded with two CAT dozers and a CATERPILLAR Dump Truck.
The EMD #1201 will now go into fleet service generating revenue.
Overland Models will produce this locomotive in HO scale brass as OMI #AA-2021 with production delivery estimated for late 2013 delivery. Contact your Overland Models Dealer today to place your pre-order for this limited production locomotive.
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Post by edwardsutorik on May 11, 2015 17:48:51 GMT -8
I placed my reservations for the NW5's almost exactly 4 years ago: May 18, 2011.
I surely hope someone else (who's competent, as opposed to a certain......) picks them up and does them right.
Ed
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Post by calzephyr on May 11, 2015 17:48:56 GMT -8
I think Oriental Limited morphed into Sunset...... OL more less just upped and quit. Challenger Imports took over the models that were in the pipeline. This is why you have models in OL's gold box with Challenger Imports stamped on the label. As we know CIL announced it was quitting the business overnight in 2005. Railway Classics formerly Shoreham Shops was also in business one day and announced it was gone the next. I can't remember his name, but the guy that had Oriental Limited was one of the people that started BLI and the first brass model was going to be the GN S2. He had imported the Power House models and somehow got involved with BLI as either one of the founders or partners. They got into a big problem about four years into business and that is when the first blow out sale took place. We could and did purchase models directly from BLI and FDT for less than dealer cost for a few months. . I was purchasing the Big Boys for just pennies on the dollar compared to the normal price. The guy was tossed out of BLI from my recollection and they have since become an importer that brings in many decent models. Their brass hybrids are really a bargain in the sense that run well and look decent for a low brass price. The latest 4-12-2 is a good example of a model that runs well and looks good with sound that is not so great. Their modified cab version had never been imported by any of the versions by LMB, Key, Sunset or Tenshodo. From what I hear, they sold out quickly at BLI. If a brass model is done right and is priced right, it still will sell. I believe the market is still there but much smaller than ten years ago. Larry |
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Post by atsfan on May 11, 2015 17:49:09 GMT -8
Example, Remember this announcement 2 1/2 years ago? It was expected to arrive in 2013, well 2 years later and nothing, well the writing was on the wall for a very long time. EMD SD70ACe #1201 Yellow/ Black/ Gray/ Silver
October 21st, 2012
Overland Models visited the EMD SD70ACe #1201 Fleet locomotive in East Peoria and Peoria, IL at the Caterpillar facility last Friday. We were able to photograph this beautiful new SD70ACe that was specially painted in Caterpillar colors to take part in the Caterpillar exhibit at MinExpo held earlier this Fall in Las Vegas, NV.
The 4,300 horsepower SD70ACe EMD #1201 was built and painted in London, ONT, CANADA. Upon completion the unit was tarped and transported from London to Las Vegas where it was on display at MinExpo and then tarped once again and transported to East Peoria IL where the tarp was removed. On Saturday October 20, 2012 the unit was on display along the Peoria IL Riverfront just behind the brand new CATERPILLAR Museum along with three flat cars loaded with two CAT dozers and a CATERPILLAR Dump Truck.
The EMD #1201 will now go into fleet service generating revenue.
Overland Models will produce this locomotive in HO scale brass as OMI #AA-2021 with production delivery estimated for late 2013 delivery. Contact your Overland Models Dealer today to place your pre-order for this limited production locomotive.Glad I have the Athearn version. |
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Post by bigblow69 on May 11, 2015 17:49:18 GMT -8
I had three models on order. 2 CP ES44AC's and a SD70ACE. I was able to pick up 2 CP ES44AC's from an earlier run that are DCC compatible. Nothing beats that brass model shine. it will be missed.
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Post by atsfan on May 11, 2015 17:50:12 GMT -8
OL more less just upped and quit. Challenger Imports took over the models that were in the pipeline. This is why you have models in OL's gold box with Challenger Imports stamped on the label. As we know CIL announced it was quitting the business overnight in 2005. Railway Classics formerly Shoreham Shops was also in business one day and announced it was gone the next. I can't remember his name, but the guy that had Oriental Limited was one of the people that started BLI and the first brass model was going to be the GN S2. He had imported the Power House models and somehow got involved with BLI as either one of the founders or partners. They got into a big problem about four years into business and that is when the first blow out sale took place. We could and did purchase models directly from BLI and FDT for less than dealer cost for a few months. . I was purchasing the Big Boys for just pennies on the dollar compared to the normal price. The guy was tossed out of BLI from my recollection and they have since become an importer that brings in many decent models. Their brass hybrids are really a bargain in the sense that run well and look decent for a low brass price. The latest 4-12-2 is a good example of a model that runs well and looks good with sound that is not so great. Their modified cab version had never been imported by any of the versions by LMB, Key, Sunset or Tenshodo. From what I hear, they sold out quickly at BLI. If a brass model is done right and is priced right, it still will sell. I believe the market is still there but much smaller than ten years ago. Larry Who makes brass price right in 2015? |
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Post by bigblow69 on May 11, 2015 17:57:40 GMT -8
I can't remember his name, but the guy that had Oriental Limited was one of the people that started BLI and the first brass model was going to be the GN S2. He had imported the Power House models and somehow got involved with BLI as either one of the founders or partners. They got into a big problem about four years into business and that is when the first blow out sale took place. We could and did purchase models directly from BLI and FDT for less than dealer cost for a few months. . I was purchasing the Big Boys for just pennies on the dollar compared to the normal price. The guy was tossed out of BLI from my recollection and they have since become an importer that brings in many decent models. Their brass hybrids are really a bargain in the sense that run well and look decent for a low brass price. The latest 4-12-2 is a good example of a model that runs well and looks good with sound that is not so great. Their modified cab version had never been imported by any of the versions by LMB, Key, Sunset or Tenshodo. From what I hear, they sold out quickly at BLI. If a brass model is done right and is priced right, it still will sell. I believe the market is still there but much smaller than ten years ago. Larry Who makes brass price right in 2015? It sure as heck isn't that outfit doing the $3500 Big Boy |
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Post by llxlocomotives on May 11, 2015 19:06:40 GMT -8
I think the real question is why buy brass? They used to be the state of the art in detail with acceptable drives. The drives could be fixed to be better than anything in plastic.
Now, you have plastic models with all the detail and very good drives and sound for half or a third of the brass price. The plastic models are coming with road specific details.
With that said, where is the market for brass today? They have to be able to compete on price, because the uniqueness and detail advantage is gone.
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Post by Deleted on May 11, 2015 19:20:36 GMT -8
Assuming the news is true, what does this mean pricing wise for the older models? I assume anything that has anything to do with overland models will skyrocket in price, especially on ebay because they're "collectors items" now. Kind of like how an artist dies and their art sky rockets in price even though when they were alive it wasn't worth anything.
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