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It was the key competitor of Matchbox before 1997, when Mattel purchased Tyco Toys, then-owner of Matchbox.
Many auto manufacturers have licensed Hot Wheels to make scale models of their cars, permitting using first layout blueprints and detailing. Though Hot Wheels were initially meant for kids and young adults, they have become popular with mature collectors, for whom limited edition versions are now made accessible.
Racing track Collection
Besides the cars themselves, Mattel made a racing track record (sold individually). Even though it could be updated during the years, the first track consisted of a collection of brightly colored orange street segments (pieced together to make an oblong, circular race track), with one (or two) “super chargers” (faux service channels through which cars passed onto the paths, featuring battery-powered spinning wheels( which could propel the cars across the tracks).
Through the years, Hot Wheels cars have been collected mostly by kids, but at the previous 15 years[vague] there’s been an increase in the number of adult collectors. Mattel estimates that 41 million kids grew up playing with the toys, the ordinary collector has over 1,550 automobiles, and kids between the ages of 5 and 15 have a mean of 41 automobiles. 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 annually in some sort since 1986. The first event was the yearly Hot Wheels Collectors Convention, usually held each year at the autumn. The convention happened in a variety of locations around the nation before 2001, when the first Annual Hot Wheels Collectors Nationals was assembled together. Since that time, the Conventions are held each year in southern California. The Hot Wheels Collectors Nationals rotate one of cities outside of California during the spring. Strauss has also published the quarterly Hot Wheels Newsletter since 1986 and has been one of the very first to combine collectors all around the world. In addition, he writes the Tomart’s Guide To Hot Wheels, a book listing history, auto descriptions and worth, which is used by almost every collector to find out more about the hobby along with their collection. Strauss sold his collection from 2011 and retired from the Hot Wheels Newsletter.
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