Action Figures: Antiques for the Common Man

The value of childhood toys, especially action figures, can skyrocket over time, transforming once-ordinary items into prized collector’s possessions. Action figures based on popular shows, movies, or comics often retain a devoted fanbase, and even years after production ceases, collectors continue to seek out these items. For instance, original G.I. Joe or Star Wars action figures, once casually played with, can now fetch hundreds or even thousands of dollars—especially if they are in mint condition.

 

A fascinating example of this phenomenon involves Takara, a Japanese toy company famous for creating the original Transformers figures. In 1974, Takara released a 4-inch humanoid action figure called “MicroMan.” This toy was later introduced to the United States in the late 1970s and early 1980s by the Mego Toy Company, which had suffered a major setback by passing on the Star Wars toy line. Mego rebranded the figures as “Micronauts,” creating a backstory that even led to a Marvel Comics series. The Micronauts enjoyed several years of sales, but Mego eventually went out of business.

 

The construction of the Micronauts figures influenced Hasbro’s creation of their now-famous 3.75-inch G.I. Joe action figures. These G.I. Joes, beloved by boys for their action-packed adventures, are also iconic collectors’ items today. Interestingly, the Micronauts have experienced a resurgence in recent years, with a comic book series, novels, and even a toy company, Palisades, recreating original Micronauts molds. The original company is even producing larger action figures based on the originals.

 

Ultimately, the old action figures are often the most valuable to collectors, and what might seem like a mere relic of childhood could be worth far more than expected. So, before you toss those old toys in a garage sale, it might be wise to double-check their potential value—you never know what hidden treasures might be lurking!