Elliot Handler, the co-founder of Mattel, started selling miniature muscle cars to children in 1968. A year later Larry Wood began designing Hot Wheels. These cars hooked the attention of children everywhere. When pushed Hot Wheels cars would roll for several feet compared to their competitors, Matchbox cars only rolled for a few inches. Hot Wheels cars are usually a very inexpensive toy around 99 cents. However, those original cars are worth more than what you’d think.
- Pink Rear-Loading Volkswagen Beach Bomb
There are only one of these little cars known to exist making it very valuable. The person who owns it is Bruce Pascal who also holds the biggest and most valuable Hot Wheels collection in the world. The Beach Bomb was built in 1969 and features yellow surfboards loaded in the back. The design never made it to mass production and was scrapped by Mattel. Mr. Pascal purchased the car for $72,000.
- 1968 “Cheetah” Base Python (Hong Kong Base)
This Hot Wheel gets it name from the metal its made from at a Hong Kong patent pending base. This car, now named Python, is considered rare because to begin with it shared the name of GM executive Bill Thomas’s corvette modeled Cobra Killer. There was only a handful of these Hot Wheels made before the name change, and they were all colored red. Only a few of those have been found, and they are all worth about $10,000.
- 1974 Blue Rodger Dodger
The Rodger Dodger Hot Wheel was mass produced in red, purple, and yellow. However, there were only seven made in blue. If you ever find one of the seven, it will cost you around $8,000.
- 1970 Ed Shaver Custom AMX
The Ed Shaver Custom AMX was produced exclusively in the UK in color blue as part of an “Exclusive Racing Series.” Some of these cars were passed out at race tracks where Ed Shaver raced and as part of a cereal box promotion. Only a few of these cars still exist, and they sell for around $4,000.