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This item sold on July 8, 2012.

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Made by TootsieToy in the late 1960's, or early 1970's. The bottom is marked OLDSMOBILE, TOOTSIETOY CHICAGO 24, USA, P-10310. The car is a large 5 3/4" long, and 1 1/2" high.
The mint colored chippy paint is darling, and the wheels move just fine. See hitch on the back in the first photo. A slight dent on the front left does not take away from the sweet vintage charm.

Large Tootsie Toy Oldsmobile Convertible- VERY Sweet With Mint Colored CHippy Paint