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      by Published on 02-12-2011 05:06 AM     Number of Views: 5834 
      Categories:
      1. Blackwalls,
      2. Johnny Lightning,
      3. Diecast,
      4. Redlines,
      5. Dealers

      The following interview with Joel Magee of fxtoys! (fxtoys) by Chris Drag (turboice) was originally published Jan-28-2011 on his website: zoop.co. It is the first in a new series of interviews by Chris with toy car dealers and collectors. Joel and Chris are both members of Redlines Online forum.

      The vintage toy and collectible market is hotter than ever. It is a multi-million dollar industry that is not slowing down. 40 years ago, children played with all kinds of toys, such as redlines Hot Wheels, GI Joe figures, train sets and more. Today these children are grown up and want to rekindle their youth. Sadly most toys — especially toys for boys — were brutally destroyed and will never see the light of day. However, those who meticulously kept their treasures in mint condition can sell them today for a hefty premium.

      One of the biggest players in the vintage toy and collectibles market is Joe Magee. I'm sure if you are a toy collector, you know him as fxtoys!. Since I collect vintage toys — redline Mighty Mavericks to be precise — I have purchased a number of Mavericks from Joel.

      Even with hundreds of items ending each week, he has always found time to answer all my questions. Once I sent him a email at midnight and had a response by the next morning. During one of our phone conversations, I had the priviledge of interviewing Joel about fxtoys!. While we were talking, he was sorting through an awesome redline collection he just purchased:

      What is your name and ebay id? Joel Magee – eBay ID: fxtoys!

      Do you have a website? No, I only sell through eBay.

      How did you get started in this hobby? I started back in the late 80s and started buying lunchboxes from TV shows that I watched as a child. I started collecting and then quickly realized that it could be turned into a business.

      What types of items do you sell? Which sell best? I sell anything toy related from 1960s and older. Redlines Hot Wheels and television show toys sell the best.

      What is the most an item you owned sold for? In the late 1980s, I sold a vintage 1950s tin rocket for $14,000.

      Do you think there are treasure still yet to be found? Absolutely! Everything is just waiting to be found.

      What is your outlook for 2011? Do you think collectibles will become rarer and bring in more money? The market will shift up and down during the year but overall 2011 should be a solid year.

      Do you have a personal collection? What is your holy grail? I collect disneyland posters from the park. They are made exclusively for disneyland and not sold to the general public. They are about 5 feet tall by 3 feet wide. My holy grail is my flying saucers poster. It is worth well over $10,000.

      How many items do you sell a week? 500.

      You have the cream of the crop when it comes to collectibles. Where do you find all these items? We have many contacts all over the country. Many people contact us through eBay. We also buy many collections and also do consigments once in a while. People will send us their collections to sell without us even paying upfront because of the well known repuation we have with our customers.

      Just about every collector knows fxtoys!, you are talked about on forums and have handled more collectibles than 99% of people will in their lifetime. How does it feel to be a collectibles guru? That is an honor. We have strived to be the very best at what we have been doing for the past 20 years and I feel like our reputation brings people back because they trust us and we always strive for 100% customer satisfaction.

      Is there anything you regret not purchasing in the past? Boy, this happens all the time. It never ends.

      What is the funniest or strangest question someone has asked you? Probably the stupiest question — it happens all the time — is when someone asks me how big or long an item is when it is written in the title and description.

      After finishing the interview, two things stuck in my mind:
      1. The variety and condition of these highly collectible, rare sought after toys. Joel has items that I have never seen before and colors that I only dreamed of. If there is something rare and unique you are seeking, Joel is the man to contact.
      2. The prices. Yes, the prices he gets for these cars is amazing.
      Joel is a great guy and has extraordinary items for sale; stuff I will never see in my lifetime. Check out his auctions at fxtoys!. If you see he has something unique for sale, make sure you snag it. One other thing: fxtoys! also pays finders fees to people who help him find collections.


      by Published on 02-08-2011 03:11 PM     Number of Views: 8848 
      Categories:
      1. Redlines,
      2. Collectors

      This article appeared on the Redlines Online website on May 1, 2001. Special thanks to Bruce Pascal pinkbeachbomb for giving Redlines Online the exclusive scoop on this rare and special story!

      Pink Beach Bomb

      The latest in a short list of Rear Loading Beach Bombs was found a little over a week ago in one of the rarest colors ever: HOT PINK!

      The only other Hot Pink Rear Loading Beach Bomb was purchase by Bruce Pascal from Chris Marshall who had purchased it from a former Mattel employee. Before laying down any money for the First Pink Beach Bomb, Bruce did extensive research to validate its authenticity and origins. He contacted the original owner and obtained letters of authenticity to document the car's history.

      Satisfied with the car's provenance, he went ahead with the purchase, paying a record amount. Although the sale price has never been disclosed or published, the original asking price was $72,000. It is rumoured to have sold for less.

      Since purchasing the Pink Bus, Bruce has continued his effort to authenticate the car, since some collectors — including one high-visibility "authority" — have disputed the car's authenticity. Bruce's efforts included contacting former employees, looking up retirement rosters, older Mattel newsletters and using a referral approach to track down anyone who could verify that the car existed and why it existed.

      In Bruce's constant search for more information about his Pink Beach Bomb, he made contact with a retired Mattel employee living in Southern California. This gentleman — a former Liaison Engineer involved in Production and Research and Development — told Bruce he had a collection of cars from the years he worked at Mattel and one of them was a Beach Bomb. After a few questions about the cars, Bruce determined that several of the cars were pre-production or prototype cars. He also determined that the Beach Bomb was a Rear Loading Beach Bomb.

      The retired engineer told Bruce that the Beach Bomb was pink. Bruce thought he really meant Rose or Magenta. The following is a transcript of the letter Bruce received from the engineer:

      Letter of Authenticity

      To: Mr. Bruce Pascal 24 April 2001.

      Dear Bruce,

      You requested a brief history of my involvement with the Hot-Wheels VW Beach Bomb.

      I worked for Mattel Toys from 1967 to 1986, 19 years. During the late 60s and early 70s my function was as a Liason Engineer between Products and Research and Development on all toys and Hot Wheels products, particularly automated equipment.

      During this time the VW Bus was run on an engineering pilot producing around 200 products for reliability testing and assemblability.

      After this Pilot, concern was expressed that the VW bus would not function with the power booster and several of the engineers involved were asked to take samples home and see if our children had any problem with this defect.

      We found that our children 'were' disappointed by the fact that VW Bus' could not be power boosted. Report was made to management and subsequently the design changed to one with a wider body which functioned with the booster well. (Surf-Boards were moved to the sides)

      I retained my test car as was Mattel's policy with test toys. The vehicle has been in my attic at the above address for 30 years and was only retrieved at your request.

      Enclosed in addition to the VW Bus are ten other cars which have been in the same box for the same length of time.

      Trusting this note is adequate for your records.

      Sincerely,
      Bruce went ahead and purchased the collection. When the package arrived, he was in shock as he opened the package to reveal a Hot Pink Beach Bomb. The irony is that the original Pink Beach Bomb was also purchased from a Liaison Engineer.

      Since purchasing the original Hot Pink Beach Bomb, Bruce is of the opinion that there are more of these in existence, even if only a few. The letter discloses that there were probably 200 engineering pilots produced.

      That makes this second find, along with the original Rear Loading Pink Bus, incredible historic events in the world of redline Hot Wheels.

      The Rear Loading Beach Bomb is legendary for it's rarity and desirability among redline Hot Wheels collectors. It is considered only a pre-production model and therefore never sold in stores. The original design, while more accurate in its representation of a real Volkswagen Bus, was too skinny to work in the Superchargers. Superchargers were designed by Mattel to propel Hot Wheels around the Orange Track. Subsequent design changes were made thinner and the result is the more common Side Board Beach Bomb that did go into production in 1969.

      Rear Loading Beach Bombs are among the highest-value Hot Wheels cars in existence, commonly selling for between $8,000 to $22,000. The Hot Pink Beach Bombs however are in another league as their rarity and desirability are currently unsurpassed.

      In the photos that follow, you'll see the two Beach Bombs in side by side comparisons. The original Beach Bomb has a transition base which is the actual production-model base (wider) and the RLBB body (skinnier). The new Beach Bomb has the correct base and body, as well as other characteristics of RLBB, clear windshield glass, rear-loading interior slots for the surfboards, smaller sunroof and other casting characteristics seen in RLBBs.

      Redline Hot Wheels Beach Bombs, side by side

      Click here to see the Gallery


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