This American made beauty was issued by Lionel Trains in 1954 as a replacement for its 394 version of the Rotating Aircraft Beacon. The red paint and black plaque with silver lettering identifies this variation as A which is probably the earliest variant.

Condition is fair with loss of the rotating housing being its chief defect. However, it does have the original lightbulb. Minor paint losses, dust, and dirt have settled on the grand beacon...