The city displayed the locomotive as a static exhibit in Coronado Park until it was sold to the New Mexico Steam Locomotive and Railroad Historical Society on July 26, 1999. On June 23, 2000, the locomotive was moved by Messer Construction Company to a BNSF Railway rail siding just south of Menaul Boulevard. Subsequently, in May, 2002, the locomotive was moved by the railroad to its current location near the intersection of 8th Street and Haines Avenue where it is undergoing restoration to operating condition by the Society.
On October 1, 2007, the locomotive was listed in the National Register of Historic Places. When the restoration is completed, 2926 will be the largest operating 4-8-4 Northern type steam locomotive in the United States. Norfolk & Western 611 is currently the largest operating 4-8-4 Northern type locomotive.
On February 11, 2016, House Memorial 100, introduced by Don L. Tripp, and adopted by the New Mexico State Legislature recognized The Santa Fe 2926 Steam Locomotive as New Mexico's Steam Locomotive and a representative of the Railroads' contributions to the economic and cultural growth and stature of New Mexico. 52nd Legislature - State of New Mexico - Second Session, 2016.