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Worn Steiff 'King Peng' Sells for €250 on Bares für Rares After Expert Authentication

The nearly century-old toy retained collector appeal because its head-turn mechanism still works and the original Steiff button is intact.

Overview

  • Expert Detlev Kümmel identified the piece as the smallest 15 cm Steiff King Peng, produced roughly between 1931 and 1936.
  • He noted that a pristine example could fetch €2,000–€2,500, but set this heavily worn penguin’s likely range at about €300–€400.
  • Dealer Christian Vechtel bought the toy for €250 in the showroom after other bidders held back.
  • Walter “Waldi” Lehnertz declined to purchase, joking about its looks and calling it “vor Hässlichkeit schön.”
  • Seller Jens Kuhlmann, a 69-year-old veterinarian from Göttingen, said the penguin came from his grandmother’s vitrine, and host Horst Lichter shared a brief anecdote about his grandfather.