Randy Lehrian Jr. said:
Pete, I would be interested in an M1 too. I know of a possible three others that might be as well. If you think this may have traction you can get in touch with some details and I can contact them.
Randy, Lorna, there was never any doubt that they could sell 10 copies. Unfortunately, the way it works is that you plonk down a lot of $$ for the pilot model and then subsequent copies are not so expensive.
I dug around in my files from 2010 and found the original quote - it was for 15 units, not 10.
Project: 1:20.3 scale brass model of M-1 railcar
Appearence: 750 x 125 x 152 mm
Development cost: $8825.0USD totally
Model unit price: $1250.0USD per piece, FOB Wuhu
MOQ: 15pcs (minimum order quan.)
Which works out at about $2,000 each., and you have to order all 15 then resell them. The project cost is $8850+(15 models @ $1250) or $27,600. Which I don’t have. And after my debacle with the steel boxcar (different vendor, and it turned up very non-scale and a mirror image of the plans,) I am not inclined to risk any of my capital.
I think this is a pretty standard way of handling a project like this. You do have to stay on top of the pilot development - I recall the UK guys made a trip to China when they commissioned the A4 pacific.