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Sold for: $1,900 First introduced in the early 20th century, the #10 Erector Set by A.C. Gilbert was packed with hundreds of metal parts, gears, pulleys, and even a working motor, allowing young ...
The kit was created by Alfred Carlton Gilbert, who was an American athlete, magician, toy-maker, business man, and inventor of the well-known Erector Set.Gilbert believed that toys were the foundation in building a "solid American character", and many of his toys had some type of educational significance to them.
Erector was now called "The New Erector, The World’s Greatest Toy". Through 1932, Erector was sold in wooden boxes, but 1933 through 1962 the sets would be sold in colorful boxes made of painted steel. Early boxes were colored red, green, or blue; by the 1950s all set boxes were painted red.
The A. C. Gilbert Company was an American toy company, once one of the largest in the world. Gilbert originated the Erector Set, which is a construction toy similar to Meccano in the rest of the world, and made chemistry sets, microscope kits, and a line of inexpensive reflector telescopes.
He is most famous for winning an Olympic gold medal in 1908 and inventing the Erector Set five years later. ... By the 1950s, it had annual sales of $20 million, the equivalent of more than $220 ...
The Korean War in 1950 also disrupted production due to a metal shortage and it was not until the mid-1950s that Meccano production returned to normal with new parts being added to all the sets. In 1955, outfits 00 to 10 as well as conversion sets 00A to 9A were available.