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Judging by the amount of rust on the rad support, the underside probably looks like a Liberian freighter. These cars were bad in the rust belt.
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Having bought my fourth Liberian Freighter last week, I'd disagree as well, on the rust issue on this car. Cosmoline works wonders on naval vessels when it comes to rust prevention. If I didn't have those other freighters in my fleet I'd be bidding on this one as well.