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Star Wars Toys: Can You Profit from Collectibles?

Financial Times Companies •
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A rare 1979 rocket-firing Boba Fett action figure just sold for $1.34mn, setting a new record for Star Wars memorabilia. This sale, handled by Goldin Auctions, sharply focuses attention on the vintage toy market as the franchise approaches its 50th anniversary. The price reflects the figure's extreme scarcity—only about 30 prototypes were made before safety recalls halted production.

Scarcity drives value, experts note. The US Consumer Product Safety Commission forced a recall of similar toys in 1979, mothballing the rocket-firing Fett. Today, only mint-condition, boxed examples command such sums. Prices for high-end vintage pieces continue a steady climb, though the market for lesser-condition items has softened after recent large collection liquidations.

For modern toys, limited releases offer better returns; a 2019 sail barge, initially $499, now fetches $2,000-$3,000. However, entering the vintage market purely for profit is difficult. Seasoned collectors hold the rarest items tightly. Patience is key in a market flooded with mass-produced figures from the late 1970s and early 80s, even as nostalgia from original fans fuels demand.