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Forbes Toy Collection Sold For $2.3M At Sotheby’s

FILE- Part of a collection of toy boats which have been on display for the past 25 years in the lobby of the Forbes Magazine headquarters is shown in this file photo provided by Sotheby's. (AP/Sotheby's New York)

FILE- Part of a collection of toy boats which have been on display for the past 25 years in the lobby of the Forbes Magazine headquarters is shown in this file photo provided by Sotheby’s. (AP/Sotheby’s New York)

NEW YORK (AP) – A collection of rare and valuable toys amassed over almost 40 years by the late Malcolm Forbes and his sons sold for $2.3 million at auction in New York.

The Forbes collection of antique toys was estimated to bring in anywhere from $3 million to $5 million at Friday’s sale at Sotheby’s.

LINK: Take a look at some of the items auctioned Friday

It included toy boats, soldiers, motorcycles and board games, including a handmade Monopoly game from 1933.

The highlight was a 3-foot-long replica of the Cunard Line’s Lusitania ocean liner, complete with crew and passengers. It sold for $194,500 to an American collector, a record for a toy boat at auction. The price included the buyer’s premium.

Malcolm Forbes paid $28,600 for the Lusitania at Sotheby’s in 1983. It had been estimated to bring in $100,000 to $200,000.

(Copyright 2010 by The Associated Press. All Rights Reserved.)