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Milestone’s Toy Auction Featuring Mark Smith Tops $500K
WILLOUGHBY, OH – Milestone Auctions gave collectors what they gas-powered tether cars,
wanted on September 24th, rolling out a diverse offering of antique and and more. Many elusive
vintage toys from the Mark Smith collection along with high-quality examples were in the mix,
additions from several other consignors. After a long but rewarding day and a healthy percentage
at the podium, auctioneer and company co-founder Miles King closed came with their desirable
the books at $505,200 (inclusive of buyer’s premium). original boxes.
This auction, which ran the gamut of today’s most popular toy Rare pedal cars from the
categories, included motorcycles, racers, American cast-iron, tin, and early days of motoring
pressed-steel vehicles; German and Japanese postwar battery-ops, dominated the day, with an American National Deluxe Coupe pedal car in
the lead. Boasting every possible luxury option—opening doors, sliding
windows, a dashboard with simulated gauges, and an interior upholstery—
the 68-inch car was presented with a $20,000-$40,000 estimate. Well aware
of its rarity, collectors pushed it to a final price of $66,000.
Big boys love their Buddy Ls. With their hefty pressed-steel construction
and authentic look, they're classic automotive toys and never have a problem
finding a new owner. A scarce Buddy L 1-ton Express Truck with original
black paint, red spoked wheels, and factory decals came to the podium with
expectations of landing in the $1,000-$1,500 range. But fueled by aggressive
bidders, the 14-inch-long “flivver” put it into overdrive and sped to an
impressive $7,200 finish.
All original and never played with, a beautiful Kingsbury wind-up
Golden Arrow Racer with its original pictorial box had another exciting
bonus: the original factory tag with an image of Major H.O.D Segrave. This
example at Milestone’s sale commanded nearly twice its high estimate,
selling for $1,980.
The auction was full of nice discoveries, like a vintage Clarke Troller
1.3hp toy outboard motor made between 1938 and 1940. All original and
unusually complete with its correct carrying case, manual, and accessory
box, it pulled into port with a winning bid of $5,040.
To consign a collection or individual item to Milestone’s next toy
auction, please call 440-527-8060 or email info@milestoneauctions.com.
All inquiries are kept strictly confidential. Visit Milestone online at
www.milestoneauctions.com
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16 Journal of Antiques and Collectibles