Rail & Road Auctions


44 Wea Oaks Dr., Lafayette, Indiana 47909
765-588-3400

About Auction House

Rail & Road is a full service auction company which specializes in the sale and valuation of performance vehicles, automotive art, automotive collectibles, railroad art, and railroadiana. The company was founded by Indiana licensed auctioneer Derek Thomas who has nearly ten years’ experience in the sale of antique and high end model trains with Stout Auctions of which he continues to hold his role as Chief Operating Officer of their Indiana location.

Auction Previews & News

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  • Auction Industry
    Spring Rail & Road Auctions announces sale to feature artwork from former owner of Lionel Trains Estate

    Robert L. Hunt, Tars to Broadway. Oil on canvas 14" X 21". Est: $2,900 - $3,400. LAFAYETTE IN.- Toy train and Railroad art is something that interests a growing subculture of people. In this area one of the most famed artists is certainly Angela Trotta Thomas. Lafayette, Indiana based Rail & Road Auctions, who focus on the sale of Railroad and Automotive Art, Railroadiana, and 1980-2008 performance vehicles, recently announced very exciting news. The auction house’s Spring auction, scheduled for June 6th, 2020, will feature some of Thomas’s most famous works presented to Rail & Road Auctions by the estate of Richard Kughn the former owner of Lionel Trains Inc. from his personal collection. Some are limited edition and even serial #1. Kughn’s collection will be split with half being featured at the Spring auction and the second half being available later at the Fall 2020 event. Interest is high and rising. “We are honored to have been selected to bring this once in a lifetime collection of art to market,” commented Derek Thomas, President of Rail & Road. “Richard Kughn is a legend in the hobby of model railroading and his leadership guided Lionel Trains Inc. into the modern era of collecting with a true vision for what model railroading could be. His collection of original art from Angela Trotta Thomas includes many of her most iconic works which truly capture the spirit of Lionel Trains.” This event will also mark the first time that there has been a complete online auction dedicated to Railroad art from artists all over the United States. Prints and original works from Robert L. Hunt, Eric Smith, Keith Batcheller, David Snyder, C.L. Smith, and Carel Luis will be included in the sale. To learn more about Rail & Road Auctions or to view the full auction catalog be sure to visit http://www.rarauctions.com