Posts Tagged ‘collection’

Turning “Playtime” Into “Pay Time”

Monday, June 15th, 2009

You might want to check out all those toys tossed aside and scattered in your basement or attic – they might be worth something!

  • Donald Kaufman has caused quite a stir in the toy collecting community after announcing he was going to sell his personal collection of antique toys.
  • While he has over 7,000 of these toys, Kaufman claims there are no duplicates, simply “variations.”
  • Most of the toys are cars and trucks, with airplanes coming in a distant third.

Facts & Figures

  • Mr. Kaufman is a co-founder of the now-defunct KB Toys chain and has spent 59 years in the toy business. He bought his first toy, an International Harvester Red Baby truck, in 1950 for $4.
  • At the first auction, Kaufman sold approximately 1,400 toys for $4.2 million – more than twice his $2 million estimate.
  • Kaufman’s Marklin Fidelitas, a three foot long train of delicate hand-painted clown cars, fetched an impressive $103,500.

Best Quote

“These aren’t my toys, I am just taking care of them for now.” – Donald Kaufman, Co-Founder of KB Toys