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It had been the key competitor of Matchbox before 1997, when Mattel bought Tyco Toys, then-owner of Matchbox.

Though Hot Wheels were initially meant for children and young adults, so they’ve become popular with mature collectors, for whom limited edition versions are currently made accessible.

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Racing track Collection

In addition to the cars themselves, Mattel produced a racing track set (sold separately). Though it could be updated throughout time, the original track consisted of a string of brightly colored orange street sections (pieced together to form an oblong( circular race track), using a single (or sometimes two) “super walkers” (faux service channels by which cars passed on the paths, including battery-powered spinning wheels( which could propel the cars across the paths).

During the years, Hot Wheels cars have been collected mostly by kids, but at the past 15 years[vague] there’s been a growth in the number of mature collectors. Mattel estimates that 41 million kids grew up playing with all the toys, the normal collector has over 1,550 cars, and kids between the ages of 5 and 15 have an average of 41 cars. Most consider the collecting trend began with the Treasure Hunts in 1995. Mike Strauss has been known as the father of Hot Wheels collecting; he’s arranged two collectors’ occasions each year in some sort since 1986. The very first event was the yearly Hot Wheels Collectors Convention, usually held every year at the autumn. The convention occurred in a variety of locations around the country before 2001, once the first Annual Hot Wheels Collectors Nationals was set together. The Hot Wheels Collectors Nationals rotate one of cities outside of California during the spring. Strauss has also released the Rs Hot Wheels Newsletter since 1986 and has been one of the first to unite collectors all over the world. He also writes on the Tomart’s Guide Into Hot Wheels, a book listing history, car descriptions and worth, which is used by almost every collector to learn more about the hobby and also their own collection. Strauss sold his set from 2011 and retired in the Hot Wheels Newsletter.

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