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Thread: The collectors who spend thousands on rare Hot Wheels

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    Post The collectors who spend thousands on rare Hot Wheels

    The collectors who spend thousands on rare Hot Wheels -- Every year, Mattel sells nearly $1B worth of new toy cars to kids. But on the secondary market, adult collectors and dealers reign supreme.

    By day, Bruce Pascal is a successful commercial real estate executive who brokers multimillion-dollar deals in the nation’s capital. By night, he buys $5k Hot Wheels cars on eBay.

    The 59 year old owns what is considered the world’s most valuable Hot Wheels collection, a staggering array of 7k rare toy cars that are collectively insured for $1.5m. Many are prototypes that were acquired from former Mattel employees, including a pink 1969 Rear-Loading Beach Bomb valued at ~$150k.

    Five decades ago, Hot Wheels were America’s hottest new plaything. Today, the children of the ‘60s are fueling a small but mighty collectors’ market that wheels and deals in obscure corners of the internet.

    Pascal is one of a handful of super collectors, dealers, and middlemen who pay top dollar for the rarest cars. It’s a colorful group that includes an ex-BMX stunt rider, an auto mechanics teacher, and a man who owns a geese-removal business.

    How did one-time 59-cent toy cars become 5-figure collectibles? And what drives grown men and women to spend princely sums chasing them?

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    https://thehustle.co/the-collectors-...=pocket-newtab





    Any time you give a man something he doesn't earn, you cheapen him. Our kids earn what they get, and that includes respect. -- Woody Hayes​

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    carolina73 (08-06-2020),Lummy (08-06-2020)

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    I don't think I would pay that kind of money for a new real car.
    "Don't piss down my back and tell me it's raining"----Fletcher in The Outlaw Josey Wales

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    I have a box of them from when my sons were little.

    CALL ME!!

    LOLOL

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    I donated a box with about fifty of them to the Goodwill about ten years ago. The guy at the loading dock said, "Are you sure you want to donate these? They're probably valuable." I suspect they probably went from my car to his.
    Civilized men are more discourteous than savages because they know they can be impolite without having their skulls split, as a general thing.” - Robert E. Howard

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    Diecast collecting of Hot Wheels, ACTION, Ertl , Racing Champions and Brookfield was a hobby of mine for 25 years. I once made a 350 mile round trip to have a certain one autographed. it was hands down the one that was my.favorite and meant the most to me

    I gave it to my stepson via his mom. He was stunned.lol. she asked
    him what it was. He said."one of.,(Cottons) most prized possessions". That's why I gave it to him.

    This said ," I luv u" to him much more than a truck me and my mother in law bought him at 14 or any other stupid thing; I did. Anyone can throw down money on a real truck.to say I luv.u. This diecast car had a history and value to
    Me that wasn't measured.in money to me.. therefore to him.

    Sorry I went off topic. It gave me.a rare opportunity / moment to share about him in that manner.. one.that meant much to me then and brought tears to me today BTW...I don't care what anyone thinks about it. Except DG accept my apology for drifting off topic of the OP








    .
    Last edited by Cotton1; 08-06-2020 at 02:57 PM.
    I'm yo.
    This my brother yo
    We yo yo

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    @Cotton1 - no worries.
    Any time you give a man something he doesn't earn, you cheapen him. Our kids earn what they get, and that includes respect. -- Woody Hayes​

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    Quote Originally Posted by DGUtley View Post
    @Cotton1 - no worries.
    Thank you
    I'm yo.
    This my brother yo
    We yo yo

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    I have a hot wheels story. My dad worked for GE in Alachua Fla for about 8 years in battery development. He was basically an engineer without the degree. Experimented with nickel cadmium batteries. He and another guy made the tiny battery they put in the hotwheels car to propel it around that orange track. We had lots of the track because they gave it to him to use in research, Even got an award for the patent on that battery.

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