This VW Beach Bomb Hot Wheel model is allegedly worth $150,000
And I thought my 1 of 100 Mazda RX-8 police cars was rare
Mr Bruce Pascal was only seven when Hot Wheels hit the stores in 1968. That, however, wasn't the beginning of the story because Pascal said that it all started when a friend attempted to buy one of his models for $200.
"I declined and held onto it," Pascal said. "But the offer made me start researching the value of Hot Wheels". He began actively looking for old and rare models as well as memorabilia like blueprints and original drawings. He eventually found the model you see here, a Volkswagen Beach Bomb, and he acquired it. The original prototypes had surfboards out the back window, where the redesigned model, the one was actually put into production, didn't, and that's what makes it rare and valuable.
“I already had heard about [the Beach Bomb] in purple, green, red, light blue and gold. I even had heard about an unpainted model,” Pascal said. "But pink was extremely hard to find". He eventually found two, purchased both and then gave one away to a friend.
Pascal now owns over 4,000 Hot Wheels models and 3,000 pieces of memorabilia and even though this particular piece is by far the most valuable, his collection lives in a museum in Maryland, where he even gives private tours to Hot Wheels enthusiasts.
"I won’t say how much I purchased it for,” he said. "But it is worth an estimated $150,000 today.” Good on him.