Lionel 12727 Operating SemaphoreProduct Title: Lionel 12727 Operating Semaphore Manufacturer: Lionel Gauge: O Condition: C 9 Operational Status: This item is fully functional. TCA Condition Grading Standards: C 9: Factory New Same as Mint but with evidence of factory rubs or slight signs of handling, shipping and being test at the factory. TCA Box Grading Standards: P 8; Like New Complete and all original. There is evidence of light use and aging. Box may have notations (discrete)