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The Furby hit store shelvesin 1998 and everyone was captivated by its cuteness and its cutting edge technology for the time.
The toys retailed for $35, but demand was so high and supplies so short during the 1998 Christmas season, resale values soared past $100 a piece.
More than 40 million Furbies were sold in its first 3 years alone.
Definitely a trend of a simpler time, the hula hoop hit the pop culture scene in the 1950s (even though it had been around since ancient times) when Wham-O marketed a lightweight, colorful plastic version in 1957. The hula hoop's popularity went around the world quickly and has been part of the classic toy collection ever since.
Could you solve the Rubix Cube? This puzzle toy was introduced in the 1980s and became a classic. Simple in design, but almost impossible to solve, this little plastic, colorful cube drove millions of kids and adults crazy as they tried to find the solution to align all the colors on each side.
Zhu Zhu Pets were one of the more recent Christmas toy crazes to hi poplar culture. Half stuffed animal, half robot, these cute critters set off a frenzy in 2009 as kids couldn't get enough of them. The Zhu Zhu Pets could either be played with in adventure mode, where they'd be able to wander and explore on their own or in nurturing mode, where the kids would bre able to take care of them as their own "pet."
Teddy Ruxpin was a talking teddy bear that would "read" books, tell stories and sing songs to children. In the 1980s, parents lined up for hours to snag one of these to put under the Christmas tree.
Transformers — Robots in Disguise. The TV series and comic series helped make Transformers one of the most iconic toys of all time. One of the most popular toys of the 1980, these toys transformed from cars or trucks into robots that would fight for good or evil. Eventually, the franchise moved to the big screen and reached even higher popularity.
Rock-Em Sock-Em Robots were all the rage in the 1960s and 1970s. Like many things "retro", it has made a comeback in the past few years.
The original 'Star Wars' action figures from 1977 were the first blockbuster merchandise tie-in with a movie. Kids of the late 1970s had to collect all of their favorite characters, including Luke Skywalker, Princess Leia, Han Solo and Darth Vader. Today, the original figures and related toys are highly collectable and new 'Star Wars' toys continue to be best sellers for kids and adults alike.
LONDON, ENGLAND - OCTOBER 31: Bandai, makers of the Tamagotchi pet show, display their new Tec Pet iphone dog at the Toy Retailers Association's annual 'Dream Toys' fair on October 31, 2012 in London, England. The Toy Retailers Association announced today the toy industry's official prediction of the top 12 selling toys for Christmas. (Photo by Bethany Clarke/Getty Images)