Well, maybe not in this case. It is exactly what it looks like, a toy train transformer.
I picked this up at an estate sale for a $1 last week. The seller cautioned me, "Don't plug it in!" Of course I did, but I used a really long extension cord. As it turns out, it works fine. The label on the transformer describes the various voltages you can achieve (all ac/dc, by the way) by connecting to different combinations of the 4 contacts. Funny thing is, it's wrong. It states that 1 and R achieve 17 1/2 to 22 1/2 volts while 3 and R result in 5 1/2 to 10 1/2 volts. It actually opposite of this. Not sure if the label was wrong or it's just my particular tranformer that was wired incorrectly. Here's a 1928 ad for the transformer:
When Christmas comes, I'll be trying out this transformer on my Lionel train.
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