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Monday, January 11, 2016

DIECAST: Matchbox - Lesney Diecast Toys-Brief History.

A Lesney Matchbox truck box
Lesney Products & Co. Ltd. was a British manufacturing company responsible for the conception, manufacture, and distribution of die-cast toys under the "Matchbox" name.
Leslie Smith & Jack Odell

Lesney was founded in 1947 as an industrial die-casting company by LeslieSmith (March 6, 1918 - May 26, 2005) and Rodney Smith (August 26, 1917 - July 20, 2013.

Rodney Smith introduced to his partner a man named John "Jack" Odell, an engineer he had met in a previous job at D.C.M.T. (another die-casting company).  


Lone Star Toys London double-deck bus - about 4.5 inches long.. Lone Star Products Ltd. was the name used by British company Die Cast Machine Tools Ltd D.C.M.T for its toy products. 

In 1947 they received a request for parts for a toy gun. They started making die cast model toys the following year. Seeing no future for the company, Rodney Smith left in 1951.
Three major company milestones:
1. 1948- produced their first model toy– a die-cast road roller based clearly on a Dinky model (the industry leader in die-cast toy cars at that time) – in hindsight proves to be the first of perhaps three major milestones on the path to their eventual destiny. It established transportation as a viable and interesting theme.
2. 1953- production of a replica of the Royal State Coach in  the coronation year of QueenElizabeth II. Two versions were created, the first in a larger scale, followed by a smaller-scale model. It was this second model that sold over a million units, a massive success at the time. The profits from the sales provided valuable capital for further investments.
1953 Queen Elizabeth II Coronation Coach & Horses Moko Toy by Lesney

3. Selling the model in a replica matchbox (hence the name of the series)  which would propel Lesney to worldwide, mass-market success. The  matchbox idea was originally designed for Mr. Odell ‘s daughter as her school only allowed children to bring toys that could fit inside a matchbox, hence a scaled-down version of the Lesney green and red road roller was crafted. The road roller ultimately became the first of the Matchbox 1-75 miniature range; a dump truck and a cement mixer completed the original three-model release.

By the mid-'60s, Matchbox was the largest brand of die-cast model vehicles in the world, and had diversified the line into multiple series. On July 11, 1982, after years of difficulties due to the economic climate in Britain at the time, Lesney went bankrupt and into receivership. The Matchbox brand as well as Lesney's tooling were bought by and became a division of Universal Holdings/Universal Toys, where the company re-formed as "Matchbox International Ltd." Tooling and production were moved to Macau. Jack Odell went on to form a new company, Lledo, where he produced models similar to early Matchbox Models of Yesteryear. Today, the Matchbox brand is owned by Mattel, creators of Hot Wheels.

Some of the tools and dies created in the Lesney era were still used in the Matchbox line of 2007.


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