1940 Louis Marx & Co. Wind Up Cowboy "Range Rider"

Currency:USD Category:Collectibles Start Price:50.00 USD Estimated At:200.00 - 300.00 USD
1940 Louis Marx & Co. Wind Up Cowboy  Range Rider
For your consideration is this 1940 Louis Marx & Company wind up cowboy toy titled, "Range Rider". Louis B. Marx, born on August 11, 1896, in Brooklyn, New York. In 1919, Marx founded Louis Marx & Company, paying toy makers to make goods for him until he bought production facilities in 1921. Marx created and produced a wide range of toys, and the business also enhanced and improved toys produced by other manufacturers before selling them at lower prices. Marx purchased manufacturing facilities in Erie, Girard, Pennsylvania, Glen Dale, West Virginia, and the nearby city of Wheeling in the early 1930s. An addition was constructed in 1948–1949 to facilitate the manufacture of plastic toys. In the 1940s and 1950s, Marx became the greatest toy manufacturer in the world due to the enormous Glen Dale factory, which produced more toys than any other Marx facility. At Glen Dale, four unions were active, and there were over 2,000 employees at the start of the 1960s. But, once Louis Marx sold the business to the Quaker Oats Corporation in April 1972, business began to decrease. In April 1976, Quaker sold to Dunbee-Combex Ltd. In January 1980, Glen Dale's 800 employees were laid off, and the renamed Dunbee-Combex-Marx shortly declared bankruptcy. Louis Marx passed away on February 5, 1982, at his home in Scarsdale, New York. The toy shows a cowboy in a yellow shirt and cowboy hat, a black and white vest, white pants, and white and black cowboy boots as his sits on his light brown horse swinging his lasso above his head. The horse is wearing harnesses and a blue and red blanket under the black and white saddle. The cowboy holds a revolver in his left hand. Looking at the horse head on, on the left side is a wind up key which moves the lasso around the cowboys head. The toy shows good condition overall with slight wear from its vintage age but is still in working order. The toy measures 7 3/4" L x 2 1/2" W x 5 1/4" H.