September 2023 | BY Amy Rushworth

Almost everyone was astonished at the heights to which Dinky values rose in the 1980s, so when prices first staggered and then began to decline it looked as if the bubble had burst.

Amazingly, it proved to be a temporary lull and within a very short time values had resumed their upward march. In mint condition and boxed, these small die-cast models, which were originally sold in toy shops for a few shillings, can now make hundreds of pounds – and in some cases even thousands.

The first Dinky toys were manufactured in 1934 following the success of a range of small models imported from America and called Tootsietoys. These original Dinky cars were lead based and die-cast, an inexpensive process in which very large numbers could be produced from a re-usable mould, on a scale of 1:43.

Apart from the style of the vehicles, there are a number of things that usually help to identify models dating from before the war, including: undetailed metal wheel hubs, silver plating on the wheels, white tyres, the absence of a model name or number on the base plate or chassis, the presence of wing mounted spare wheels. Another pointer is the fact that in these early days cars and lorries were boxed in sets – never individually.

After the war the Dinky began to face competition from other die-cast toys. In 1953 the Lesney company began producing its Matchbox Miniatures which did very well at the time but, so far as modern collectors are concerned, have never had the appeal of the Dinky.

In 1956 Mettoy issued the first range of Corgi vehicles, an innovative range that were the first to have windows, independent suspension and opening bonnets. This was shortly followed by Tri-ang’s ‘Spot On’ series in 1959.  For a number of years Corgi were a poor relation of the Dinky, so far as collectors were concerned, but that situation has changed and both ranges are now considered equally collectable.

The 1980s saw a lot of collector interest in these models, followed by a slight cooling off period. In the face of these challenges, Dinky designs were updated and there are a several features that prove useful in helping to date models. After the war all models were given a name or number, windscreens were added in the late 1950s, aluminium wheels in 1959 and opening doors and moving steering wheels in the early 1960s.

In all, more than a thousand models were produced in the Dinky range between 1934 and the closing of the Liverpool factory in 1979 …. and that does not include different colour schemes. A similar number of models were produced at the firm’s factory in France, many of which were sold in Britain.

In the saleroom today there are several factors that will have a dramatic impact on value. To get the very best prices, models must be in mint condition and in their original boxes, which should also be in good condition. Some models are rarer than others and some colour schemes are rarer than others.

There is a reasonable demand for unboxed and play-worn examples, but the prices that collectors are prepared to pay is much lower. The early models are much sought after and they are going to do pretty well at auction, regardless of condition. Collectors should be wary of repainted models, which can look like a mint original model but have been later refinished and similarly the use of reproduction boxes.

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