Vintage toy nets $156,000 at auction: Why was it so valuable?

(WJW) – A unique assortment of vintage toys and trains amassed over $2.5 million during a late May auction, with the top-priced toy selling for $156,000.

The assortment was sourced from the illustrious antique dealer Tom Sage Sr., based in Allentown, Pennsylvania, as stated in a press release by Morphy Auctions. According to his obituary, Sage began collecting Lionel trains in the 1960s, eventually expanding his collection to include tin toys, mechanical banks, and boats.

“He had an eye for the finest things and only kept an item if it was in excellent condition,” per his obituary in The Morning Call.

Held on May 29 by Pennsylvania-based Morphy Auctions, the collection featured nearly 300 items. The piece that commanded the highest bid was a 1904 Ferris Wheel produced by the esteemed German company Marklin.

This Marklin Ferris Wheel, circa-1904, is one of only a handful known to exist. (Morphy Auctions)

“One of only three or four of its type known to exist, it was likely the nicest of that elite handful of survivors, retaining its six original gondolas, attractive stained glass, and original figures,” read the release. “It had passed down through the family of a gentleman who worked for a Brooklyn department store and had received the toy when the business closed down sometime before World War I. Its auction ride concluded at a buoyant $156,000.”

A clockwork-powered Marklin toy boat and a detailed Marklin limousine were also highly coveted items, going for $79,950 and $72,000, respectively, at auction.

“Part II” of the toy lot is going up for bid with Morphy Auctions in October.

You May Also Like

Tom Dreesen, Pioneering Comic and Frank Sinatra’s Longtime Opening Act, Dies at 86

LOS ANGELES — Tom Dreesen, the veteran comedian who broke ground as…

Qantas Targets October Launch for 22-Hour Nonstop London-to-Sydney Flight

Qantas Airways says it will begin operating the world’s longest nonstop commercial…

What FIFA Hydration Breaks Actually Do—and Why They’re Facing Growing Criticism

LOS ANGELES — FIFA is requiring hydration breaks for all players at…

Trump administration to Repurchase Offshore Wind Leases for Four Additional Energy Projects

The Trump administration said Wednesday it will buy back U.S. offshore wind…

Volusia County Stormwater Fund Could Run Dry by 2030, Raising Prospect of Higher Fees

VOLUSIA COUNTY, Fla. — Volusia County officials say the clock is ticking…

Central Florida Heat Advisory Issued as Strong Afternoon Storms Move In

Central Florida is bracing for another sweltering day marked by dangerous heat…

Oviedo Voters to Decide on 4 Charter Amendments in November Election

Editor’s note: This report first appeared in the Oviedo Community News. Oviedo…

Taiwan Seeks More US Arms as China Threat Intensifies, Diplomat Says

WASHINGTON — Taiwan must continue buying U.S. weapons to maintain its ability…

Luigi Mangione to Mount Psychiatric Defense in UnitedHealthcare CEO Murder Case: What It Could Mean for the Trial

NEW YORK — Luigi Mangione plans to pursue a psychiatric defense in…

US Jobless Claims Drop to 226,000 as Layoffs Stay Near Historic Lows

WASHINGTON — New applications for unemployment benefits edged lower last week, a…

Texas Plane Crash Rescue: Volunteers Used Sledgehammers and Shovels to Save Trapped Passengers

A business jet careened at an angle along a dark highway, toppling…

Chief engineer of cargo ship charged in 2024 Baltimore Francis Scott Key Bridge collapse

Federal prosecutors have brought a criminal charge against the chief engineer of…