SINGAPORE – In his early days as a collector of Star Wars toys, Derek Ho was shocked when a friend spent $150 on a Revenge Of The Jedi proof card, or a piece of draft packaging with the original title of the 1983 film later known as Return Of The Jedi.
"I said, 'Are you crazy? You spent more than $100 on a piece of cardboard!' I was laughing at him."
But Mr Ho soon became a more informed collector (such proof cards are moderately rare) and a year later persuaded his friend to sell it to him.
"You come to realise it's not just a piece of cardboard, that there's a place in toy history for it," says the 47-year-old who works in the petrochemicals industry and has spent a six-figure sum on products related to Star Wars since the 1990s.
Mr Ho and four of his friends have put together a million-dollar showcase of 200 items from their collections. These will be on display at the Culture Cartel fair in the F1 Pit Building till Sunday (Dec 8).
He estimates that there are around 20 "hard-core" Star Wars vintage collectors in Singapore, part of a small but strong collecting community. Mr Ho himself has amassed thousands of products related to the Star Wars films, and also collects other toys such as Care Bears, Centurions and Strawberry Shortcake. The self-described "hoarder", who dreams of opening a toy shop one day, has had to move in with his parents temporarily as his apartment is filled with toys. These are now being transferred to a storage site.
Star Wars action figures were bestselling toys in the 1970s and 1980s and are now sought-after collectibles – often by people who grew up watching the films.
Some toys have fetched high prices in auctions. In April, a prototype model of Return Of The Jedi character Bib Fortuna went under the hammer at Britain-based Vectis Auctions for £36,000 (S$64,460).
While the value of various vintage Star Wars toys has been on the rise, the new products do not seem to be in such great demand any more.
In February and August this year, Disney reported decreases in revenue from products based on the Star Wars franchise.
Over at Singapore toy collectibles shop The Falcon's Hangar, demand for Star Wars toys slowed in the mid-2000s. While the Waterloo Street shop focused on Star Wars toys when it was founded in 1995, it now devotes only about 20 per cent of its business to such merchandise, co-owner Calvin Koh says, adding that Marvel toys are the latest craze.
Yet the force is still strong with the Star Wars franchise, if public response to the upcoming Star Wars movie is anything to go by. As early as Wednesday (Dec 4), Singapore fans were already queueing up for advance Imax tickets to Star Wars: The Rise Of Skywalker, grand finale of the saga, which opens on Dec 19.
Mr Ho's friend and fellow collector Gregory Fong, 46, who works in the legal industry, owns more than a thousand toys and displays many of them in his basement "man-cave" at home. Star Wars isn't just any old hobby, he says. "It's a religion."
Both men are fans of the packaging of vintage Star Wars toys.
"The modern ones have somehow lost that feel," says Mr Ho.
He grew increasingly fascinated with pre-production materials around the early 2000s, and learnt more about them when he attended his first Star Wars Celebration convention in the United States.
He has gathered a set of materials related to a Star Wars biker scout laser pistol toy he owns – orthographic sketches of the toy pistol, a prototype of the pistol without a copyright mark, draft versions of the cardboard packaging signed off by the designer, and photo art that was used for the packaging design.
"I had to piece this together from four or five different sources," he says. "That's part of the thrill: the hunt. Putting it all together gives you a sense of accomplishment."
Asked what advice does he have for aspiring collectors, he says: "Don't be intimidated. A lot of people have the misconception that vintage toys are expensive – but there will always be those which meet your comfort level."
Collectors The Straits Times spoke to were reluctant to dwell on how much they spent, or the number of toys they had collected.
"You can't really put a dollar value on memories," says Mr Fong, who says he collects vintage toys "to revisit (my) childhood, have fun, and meet like-minded people".
A similar view was expressed by Mr Jaafar Abdul Hamid, 45,whose collection include hundreds of 3.75-inch toy figures still in their original packaging, loose toy figures from his childhood, a test-shot prototype, as well as 12-inch figurines. He also displays photos he has taken with celebrities – such as Hayden Christensen – at the Star Wars Celebration in Chicago this year.
Mr Jaafar, who works in the aviation industry and will take part in the Singapore Comic Con at Marina Bay Sands this weekend, estimates he has spent a five-figure sum on his toys over the years. But he adds: "It's not about how many toys you have. It's about what you like. (In a way), my childhood toys are most precious to me."
Back in the 1990s, Ho and Fong ordered toys from American dealers over the phone or by faxing their orders over. They also bought them from sellers in Chinatown, the Substation, a Clarke Quay flea market, as well as online sites such as eBay.
They find it harder to get the vintage items they want these days. "They are all in the hands of a few collectors," says Ho, who relies more on networking now.
Vintage toys that have not been removed from their packaging are worth a lot more than loose ones. According to the BBC's Fake Britain documentary, scammers have paired original card backs and bubbles with second-hand repainted figures – re-sealing them and selling them as mint figures. Mr Ho and Mr Fong haRead More – Source
