Lledo die-cast toys

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wikicollecting

2015-06-26 10:37:38

Lledo die-cast toys are a British brand of toys and models.

A Brief History

The company was founded in 1982, the founder of the company was also the co-founder of the model car manufacturer Matchbox, Jack Odell and Burt Russell.

They produced their die cast models from 1983-1999. Initially Lledo had planned to attempt to replicate some of the models created whilst working for Matchbox, they began their production in Enfield, United Kingdom.

Lledo are the company responsible for lines of model cars such as 'Days Gone' and the high quality manufactured 'Vanguard' series. Unfortunately the company met its demise in 1999, with fierce competition from cheaper and more efficient rivals from Hong Kong, it was too difficult for them to maintain the company and keep profits up, so they had to regrettably file for bankruptcy.

This coincided with the Corgi buy-out that happened as a result. Jake Odell, whom is the proprietor of the company name (his second name backwards) passed away in 2007, he was 87 years old.

Value

In comparison to some of Lledo's rivals like Corgi and Dinky, the cars that they manufacture are of a fairly cheap price usually ranging from £5-10. This figure is always open to variation though and many factors will of course change the price of the model.

Dependant on the condition of the model, the price can be high or low. What also must be taken into consideration is the age of the model. It would be feasible to go by the rule that the older the model, the more money there is to be made from a sale. Collectors of models will often be swayed for a higher priced purchase if the model in question is accompanied by its original box.

This again is further increased if the model is unopened, this can significantly raise the price. The Limited Edition cars would often involved models based on real life vehicles, carrying genuine advertisements.

Rarity

Following Lledo's unfortunate bankruptcy and the Corgi takeover their models were re-assigned to the 'Corgi Classic's' range. This means that original Lledo models are becoming increasingly scarce, increasing the rarity of them.

Of course it is still available for you to buy a derivative form of Lledo models, however not everyone would be happy with this. This means that the rarity of the product is inherently increased. As time passes and still Lledo are not producing models, the rarity will gain further momentum.

Particularly rare cars usually fall under the Limited Edition range, this is as they are normally only produced in batches of 500-1000. The reason for this is so that prices can be higher and a collector would be more inclined to buy them, making it feel as if their purchase is more exclusive.

Expensiveness

The most expensive model car produced by Lledo that has ever been sold is unknown, it is probable that a first batch model would be highly expensive though.

The most expensive model car ever to be sold was a 1:18 version of a Lamborghini, up for auction at 3.5 million euros, the car was guarded with high-security and was auctioned in Sotheby's.

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