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This Identification Guide for Lionel Electric Trains covers the "Post-war Era" only from 1945 until 1969.
LIONEL TRAINS FLOODLIGHT TOWER No. 395
The Floodlight Tower No. 395 has a complex production history and six variations. These variations are as follows: A Variation: YELLOW painted sheet metal - Produced in 1949-50 B Variation: SILVER painted sheet metal - Produced in 1952 C Variation: RED painted sheet metal - Produced in 1953-54 D Variation: LIGHT GREEN painted sheet metal - Produced in 1953 E Variation: Unpainted ALUMINUM - Produced in 1954-55 F Variation: GREEN painted sheet metal - possibly Produced 1950-51 and 1955-56
The YELLOW version is the rarest of these, but the RED one is hard to find also. All of these towers had black ladders with two wire connectors on the base.
There are four lights on top that have two pairs hooked in series. This is another accessory whose best option is to connect it to a variable voltage accessory circuit so that the illumination could be set to suit. Dimensions: 12-1/2 inches high, Base: 5 inches square.