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Wooden Doll of 1740 Auctioned for $19,600

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Associated Press

A rare English wooden doll made in about 1740 has been auctioned for $19,600, and a record price of $2,654 has been paid for a teddy bear, Sotheby’s reported here.

The 24-inch doll, in its original green dress, quilted underskirt and corset, was bought by an unidentified bidder at the Tuesday auction of toys and dolls.

The high-priced teddy bear was manufactured by the Steiff company in Germany in 1905, less than three years after teddy bears were first marketed in New York by Brooklyn candy store proprietor Morris Michtom. The buyer and seller were not identified.

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