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It had been the main competitor of Matchbox before 1997, when Mattel purchased Tyco Toys, then-owner of Matchbox.
Although Hot Wheels were initially intended for kids and young adults, so they’ve become popular with adult collectors, such as limited edition versions are now made available.
Racing track Collection
Along with the cars themselves, Mattel produced a racing track set (sold individually). Even though it would be updated during time, the original trail consisted of a collection of brightly colored orange road segments (pieced together to form an oblong( circular race track), together with a single (or two) “super hitter” (artificial service channels through which cars passed onto the paths, including battery-powered spinning wheels( which would propel the cars across the tracks).
During the years, Hot Wheels cars are gathered mostly by kids, but in the past 15 years[vague] there’s been a rise in the number of mature collectors. Mattel estimates that 41 million children grew up playing with all the toys, the average collector has over 1,550 automobiles, and children between the ages of 5 and 15 have an average of 41 cars. Most consider the collecting craze began with the Treasure Hunts in 1995. Mike Strauss has been known as the father of Hot Wheels collecting; he has arranged two collectors’ occasions annually in some sort since 1986. The very first event was the Annual Hot Wheels Collectors Convention, normally held every year in the autumn. The conference occurred in a variety of locations around the nation before 2001, when the first Annual Hot Wheels Collectors Nationals was placed together. The Hot Wheels Collectors Nationals rotate one of cities outside of California through the spring. Strauss has also released the Rs Hot Wheels Newsletter since 1986 and was one of the very first to unite collectors all around the world. In addition, he writes the Tomart’s Guide To Hot Wheels, a book listing history, car descriptions and worth, which is used by nearly every collector to find out more about the hobby and their own collection. Strauss sold his collection in 2011 and retired from the Hot Wheels Newsletter.
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