Milestone’s toy auction featuring Mark Smith collection draws international interest, tops $500K
Pedal cars took the lead, with an American National Deluxe Coupe with luxury appointments cruising to $66,000WILLOUGHBY, Ohio – Milestone Auctions gave collectors what they wanted on September 24th, rolling out a diverse offering of antique and vintage toys from the Mark Smith collection along with high-quality additions from several other consignors. The 755-lot sale was active from start to finish, with many international bidders taking part. After a long but rewarding day at the podium, auctioneer and company co-founder Miles King closed the books at $505,200 (inclusive of buyer’s premium).American National Deluxe Coupe pedal car, luxury version with opening doors, sliding windows, interior upholstery and curtains. Length: 68 inches. Sold for $66,000 against an estimate of $20,000-$40,000Variety was the watchword for this auction, which ran the gamut of today’s most popular toy categories, including motorcycles, racers, American cast-iron, tin and pressed-steel vehicles; German and Japanese postwar battery-ops, gas-powered tether cars, and more. Many elusive examples were in the mix, and a healthy percentage came with their desirable original boxes. Rare pedal cars from the early days of motoring dominated the day, with a swanky American National Deluxe Coupe pedal car in the lead. Boasting every possible luxury option, including opening doors, sliding windows, a dashboard with simulated gauges, and interior upholstery and curtains, the 68-inch car was presented with a $20,000-$40,000 estimate. Well aware of its rarity, collectors pushed it to a final price of $66,000.Another scarce production was the early, all-original Gendron chain-drive Packard pedal car with a steel body and wood radiator, tires and frame. Its paint was 100% original, and it was so complete, it even retained its Gendron Wheel Co factory decal. Against a pre-sale estimate of $8,000-$12,000, it glided to a stop at $24,000.Big boys love their Buddy ‘L’s. With their hefty pressed-steel construction and