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Forbes antique toy collection sold for $2.3M in NY
[December 18, 2010] NEW YORK (AP) -- A collection of rare and valuable toys amassed over almost 40 years by the late Malcolm Forbes and his sons sold for $2.3 million at auction in New York.
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The Forbes collection of antique toys was estimated to bring in anywhere from $3 million to $5 million at Friday's sale at Sotheby's. It included toy boats, soldiers, motorcycles and board games, including a handmade Monopoly game from 1933. The highlight was a 3-foot-long replica of the Cunard (KYOO'-nahrd) Line's Lusitania (loo-sih-TAY'-nee-uh) ocean liner, complete with crew and passengers. It sold for $194,500 to an American collector, a record for a toy boat at auction. The price included the buyer's premium. Malcolm Forbes paid $28,600 for the Lusitania at Sotheby's in 1983. It had been estimated to bring in $100,000 to $200,000. |
