Pete Waterman Selling Off Railway Collection

Pete Waterman Selling Off Railway Collection

An article in the Coventry Telegraph talks about the fact that Coventry music maestro Pete Waterman is flogging off 100 steam locomotive models – and they could fetch £1million.

However the the producer and railway buff told the Daily Mirror: ‘‘When you look at the models being offered for sale you will realise they are works of art with in many cases periods took up to four years to build.

”This collection has truly been a passion, and my fervent wish is that the new owners get as much enjoyment from them as I have had over the past 25 years since I started.”

A statement in Yareah Magazine talks about the fact that now he has decided to sell what amounts to around a tenth of his collection in order to raise enough money to secure the future of his beloved Waterman Railway Heritage Trust, which holds his collection of full-size steam engines, housed at sites around the country.

“These full-size engines won’t be back in steam for ten years. I’m 68 now and this is probably the last chance I will have to restore the engines held by the trust, so I’m making sure there is enough money in ten years’ time to continue the job,” he explains.

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Auctioneers predict that the locomotives will sell for between £4,000 and £40,000 each.

Pete vows he will never give up his lifetime passion for railways and will continue to enjoy his own fleet of full- size steam and diesel locomotives.

View sources for full articles :

Coventry Telegraph

Daily Mirror 

Yareah Magazine

 

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