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This Identification Guide for Lionel Electric Trains covers the "Post-war Era" only from 1945 until 1969.
LIONEL TRAINS TRANSFORMER TYPE 1014
The Lionel 1014 Transformer was available only in 1955. It is found with either a RED, SILVER, or BLACK handle and was issued with Lionel’s more economical sets during this year. It generated 40 Watts of power and would control one train. It does not have a built-in circuit breaker. There are no variations.