This is Ives set #1580 cataloged in 1931. It is a complete 4 piece train made in Irvington, NJ, following Lionel's take-over of The Ives Corporation. The mechanism winds and runs. There is no box or track. The larger set of the period (#1581) had one more car.
This item is in the category "Toys & Hobbies\Vintage & Antique Toys\Wind-up Toys". The seller is "richarclau-5" and is located in this country: US. This item can be shipped to United States.