This is a Lionel Trainmaster Type Z 250 watt 4 throttle transformer.  It features four adjustable voltage output posts, and is marked "TRAINmaster" and "The Lionel Corporation".  Case is mottled with very small red specks, bottom half only.  Label has light scratching.  Missing red lamp cover.  Cord is cut.  Base is clean, one side is slightly bent at mounting hole, some rust one that side of base on top.  Cases have no chips or cracks, no scratches.  Original Form No. Z-80-AEX 3-41TT instructions, factory original, not a reproduction.  Please view the photos of the items in this lot carefully as they are being sold as they are shown in our photos with NO returns or refunds.