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12 Old Toys That Went From $5 to $500 in Value

If you’re of a certain age, there’s a good chance you might be sitting on a small fortune and not even know it. Yes, those old toys you once played with and then stuffed away in your attic could be worth a lot more than you think.

Not only are these toys a delightful trip down memory lane, but they also could have dramatically increased in value over the years. Collectors are always hunting for rare finds in good condition, especially those still in their original packaging.

Whether you were a Hot Wheels kid, a Barbie fanatic, or obsessed with Furbies, some of your childhood favorites might now fetch hundreds of dollars. Let’s dive into 12 classic toys that once cost about $5 but could now be worth up to $500.

1. Hot Wheels Cars

a group of toy cars sitting on top of a table
Photo by Nik

These tiny die-cast cars have been thrilling collectors since their debut in 1968. Early Hot Wheels models, especially the “Redline” series from the late ’60s and early ’70s, are now highly sought after. While you can still find plenty of modern versions for a few dollars, rare originals in mint condition or still in their packaging can easily fetch hundreds.

Some limited-edition models, like the 1969 Volkswagen Beach Bomb, have even sold for tens of thousands. So, if you’ve got an old collection hiding somewhere, it might be time to pop open that storage bin and check what treasures are racing around in there.

2. Barbie Dolls

Barbie Dolls
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Barbie has always been more than just a doll—she’s a cultural icon. The very first Barbie, released in 1959 wearing her signature black-and-white swimsuit, originally sold for just $3. Today, that same doll in good condition can bring in up to $500, while pristine, boxed editions can fetch thousands.

Even later versions from the 1970s and ’80s have gained collector value, especially special editions or those featuring rare outfits and hairstyles. If your childhood Barbie is tucked away in a closet with her accessories still intact, it might be time to dust her off—she could be more valuable than you think.

3. Cabbage Patch Kids

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In the 1980s, parents were practically wrestling each other in toy aisles to get their hands on a Cabbage Patch Kid. Each doll came with a unique name and “adoption certificate,” making them feel one-of-a-kind. Original versions with Xavier Roberts’ signature on their soft, dimpled bottoms are now collector gold.

Some rare editions, especially those in their original packaging, have sold for $500 or more. While newer versions are still available today, it’s those vintage, slightly eerie originals that tug at collectors’ nostalgic hearts—and wallets.

4. Star Wars Action Figures

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When George Lucas launched Star Wars, he didn’t just create a movie—he created a merchandising empire. The original action figures from Kenner in 1977 are now some of the most collectible toys ever made. Characters like Luke Skywalker, Darth Vader, and Boba Fett can sell for hundreds of dollars each if they’re in good condition.

But if they’re still sealed in their original blister packs? You could be looking at a small fortune. One rare prototype Boba Fett even sold for more than $100,000.

5. PEZ Dispensers

Colorful PEZ dispensers with character heads, including Kermit the Frog, arranged upright in rows
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PEZ dispensers are more than just candy holders—they’re tiny pieces of pop-culture history. First produced in the 1950s, these colorful collectibles feature character heads from TV shows, movies, and comic books. Some of the rarest PEZ dispensers, such as limited runs or factory errors, can sell for hundreds, even thousands of dollars.

A vintage “Astronaut B” dispenser once fetched nearly $13,000. So, if you’ve got a few stashed away from your childhood Easter baskets, you might want to give them a closer look.

6. American Girl Dolls

Brunette American Girl doll in a pink skirt, white graphic tee, matching pink beret, and grey ankle boots, standing on a display stand
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In the 1990s, every kid wanted an American Girl doll—and some of those dolls are now worth a surprising amount. The original lineup, including characters like Samantha, Kirsten, and Molly, has become especially collectible.

Dolls with their original outfits and accessories can sell for several hundred dollars, particularly if they come in their original boxes. Even accessories like furniture or outfits can add value. If you ever had tea parties with Samantha or adventures with Addy, your childhood playmate could now be a serious collector’s item.

7. LEGO Sets

Scattered pile of colorful LEGO building blocks and pieces on white surface, various shapes and sizes
Image Credit: Matt Hudson /Unsplash.

LEGO has been around since 1949, and it’s one of those rare toys that never really went out of style. However, older and discontinued sets have skyrocketed in value.

Classic themes like Space, Castle, or Pirates can fetch hundreds of dollars when complete. The holy grail? Sealed collector’s sets like the original Millennium Falcon, which can go for thousands. Even partially complete vintage sets can attract serious buyers online.

8. G.I. Joe Action Figures

1964 Hasbro - G.I. Joe Action Soldier Figure #7500 in Original Box
Image Credit: 5 Star Services / Ebay

Before superheroes took over toy aisles, G.I. Joe ruled them. Originally launched by Hasbro in 1964, these 12-inch military figures became instant icons. Vintage models, especially those from the 1960s and early 1970s, can now sell for hundreds of dollars.

If your old Joe still has his accessories or original packaging, his value climbs even higher. Collectors especially love the “Action Soldier” and “Adventure Team” editions, which embody a bygone era of classic toy design.

9. Polly Pocket

Colorful Polly Pocket miniature playsets opened on a carpet, revealing tiny rooms, furniture, and characters
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Polly Pocket sets were the dream toys of the ’90s—tiny worlds that fit in your hand. These compact playsets have become hot collectibles, especially the original designs from Bluebird Toys in the UK.

Complete sets with all the miniature figures intact can go for hundreds, and unopened packages fetch even more. Their quirky, colorful charm has made them a nostalgic favorite among millennial collectors hunting for a slice of their childhood.

10. Transformers

Gundam action figure on
Photo by Samule Sun

The 1980s Transformers craze never really went away—it just evolved. But it’s the original toys, especially those from the first Generation 1 line, that command big bucks today.

Figures like Optimus Prime and Megatron can sell for hundreds if they’re in good condition, and sealed packaging pushes values even higher. The nostalgia factor, combined with intricate design and pop-culture clout, makes these a collector favorite.

11. My Little Pony

Young child smiling at a row of colorful My Little Pony figures, featuring various vibrant colors and hairstyles
Image Credit: Ana Hollan Shutterstock

These colorful ponies with brushable manes and big eyes were adored by kids everywhere. The original 1980s ponies—especially the rare ones with glitter or special symbols—can sell for hundreds of dollars.

Collectors look for pristine hair, unfaded colors, and original accessories like saddles and combs. It’s a reminder that the toys you once brushed and styled endlessly might now be collector gold.

12. Furby

Close-up of a Furby toy with glowing rainbow light reflections on its face and fur
Image credit: Vickie Intili / Pexels.

When Furbies hit shelves in 1998, they were an instant sensation—and a little creepy, if we’re being honest. Kids loved them, parents tolerated them, and now collectors pay big money for them.

Original models, especially those in unopened boxes or special colors, can sell for several hundred dollars. Their mix of nostalgia and weird charm keeps them in demand decades later.