Ideal Toy Company
Type unknown
Industry toy manufacturer
Founded 1907 (officially)
Founder(s) Rose and Morris Michtom
Headquarters N/a
Key people N/a
Product(s) Teddy Bears, Betsy Wetsy, KerPlunk
Revenue n/a
Employees n/a
Divisions n/a

The Ideal Toy Company was an American toy manufacturer which operated from 1907 until 1997.

About the company

The company was founded in 1907 as The Ideal Novelty and Toy Co, was most notable for producing the first toy teddy bears in 1903 (whose success led to the founding of the company).

The company had its heyday in the 1960s and 1970s, producing many popular toys and board games, most notably the line of Evel Knievel action figures and toys.

The Ideal Toy Company officially disappeared in the mid-1980s, but many companies still produce the toys and games that made it famous.1

Examples include the Magic 8-ball and Rubik's Cube, which continue to be manufactured by Mattel Inc.

Teddy bears

Main article: Teddy Bears

In 1903, newspaper stories of President Theodore Roosevelt's refusal to shoot a defenceless bear while out hunting inspired Clifford Berryman, then a cartoonist for The Washington Post, to sketch a small, bewildered, tethered bear with the president turning away in disdain.

The cartoon appeared on the front page of the Post on November 16 over the caption, “Drawing the Line in Mississippi, and proved an instant hit with readers.

In New York City, Rose Michtom, the wife of Brooklyn candy store owner Morris Michtom – both Russian Immigrants – made two stuffed teddy bears. Her husband put them in his window at $1.50 each with a sign calling them “Teddy’s Bears.”

The bears proved such a success that the Michtoms, both Russian immigrants, established the Ideal Toy Co. to keep up with demand.2

Betsy Wetsy and Tiny Tears

In 1934, an unusual new doll was introduced by the Ideal Toy Company: Betsy Wetsy, a doll that could drink and wet.

Betsy Wetsy made it possible for girls to go about changing wet diapers on the doll. The doll remained popular into the 1950s and is sought by collectors today.

A similar doll that became popular in the 1950s was Tiny Tears. Another product of Ideal, this doll also drank but produced tears when her belly was squeezed.3


In 1967, the Ideal Toy Company was the first organisation to market the company KerPlunk. Consisting of a plastic tube, plastic rods called straws and a number of marbles in which players remove the straws without allowing the marbles to drop in the tube. The game remains popular to this day.4

Notable sales

An original Hopalong Cassidy figurine, complete with horse sold for $200 at auction house Philips De Pury & Company, New York, United States in July 2006.5

List of Ideal toys

Main article: List of Ideal toys

Latest News

wo top lots have been added to the single-marque auction which takes place in Stuttgart this summer.

Weighing 13.22 carats, ‘The Blue’ will also be joined by ‘The Ocean Dream’ - the world’s largest blue-green diamond.

The collection of classic cars, commercial vehicles and automobilia was built over more than 50 years.

The classic car specialists will host their auction in conjunction with the much-anticipated Concours d’Elegance of America.

The personal collection of the celebrated Scottish football manager will be sold in London and Hong Kong later this year.


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