How much is Lionel tubular track worth?

Charlie, depends on whether you are looking for regular 0 tubular or 027 tubular track. In general prices of used sections of either straight or curved tracks are less than new. Of course, some novice sellers see the name "Lionel" and assume it is worth a fortune - even for track of the worst condition. Look around and there are deals to be had. Classic Toy Trains has had several articles over the years about cleaning up and bringing old dirty tubular track back to life, so obviously people are still using tubular.

There are some exceptions here: Used Lionel 0 gauge switches seem to command good prices in part because they were so well made and reliable. Lionel redesigned the 0 gauge switch maybe 10 years ago or so, and those switches were more trouble than not and were dropped.

Some of the operating tracks too, can go for a little more than one might think if they are in good shape with orignal Lionel controllers still wired to them. Or if they are still in a nearly new condition orignal box. Even some of the MPC era track can command slightly higher prices if it is still in the orignal blister pack packaging.

Overall, compared to the newer track systems like Lionel's FasTrack, MTH's RealTrack, Atlas 0, etc. regular tubular track (either 0 or 027) is still a bargain, even brand new. Gargraves has been around for years and is a cost effective alternative to some of the more expensive realistic track systems.

But then again, track is something you are going to have on your layout and don't want to replace frequently, so it's best to buy what you believe will work best for you. Which is why some of the more costly track types and brands, like Curtis also sell.