With the holiday season here, it made me think back to those news stories of parents flooding stores across the country to get the much desired toy of the season. The result was shortages, inflated prices, and maybe a few back alley deals.
I'm starting with a toy that never had obvious appeal to me, but is still around today sold by another company. Maybe parents liked that fact that kids thought babies came from the cabbage patch ^_^
Cabbage Patch Kids (1983)
The price in 1982 was $25, but the high demand for the item in 1983's Christmas season resulted in some black market sales for 10 times the amount. The following year Coleco sold 18 million Cabbage Patch Kids.