Underwood Engineering Co. Ltd., New Zealand, first began producing scale model cars in 1939 under the trademark of FUN HO! (Note that the trademark always had an exclamation point, though the baseplates on the toys often did not!) The cars were similar to DINKY models of the era, being cast in heavy aluminum until after the war. The zinc diecast range of small-scale cars known as MIDGET MODELS was introduced in 1964, to compete with the popular Lesney MATCHBOX series. They were even smaller than MATCHBOX models, most being about 1/80 scale.
The first nine models, including this Oval VW, were produced using tooling purchased from the Australian STREAMLUX company. Early examples of the FUN HO! Oval VW still had STREAMLUX-AUST. cast into the baseplate. Body details include cut out windows and fair details of front and rear hood, front VW hood emblem, and rear oval window with air louvers.
The cast metal baseplate with bumpers had no markings and was riveted to the body. The Oval VW was the last in the series by STREAMLUX, and was produced by FUN HO! from 1964 to 1972. The models originally were available only through Mobil gas stations in New Zealand, in dazzling chrome plate, with a few also plated in nickel or copper. Baseplates at this time were plated or painted. Today collectors refer to these desirable models as "chromies."
After the contract with Mobil ended, FUN HO! began painting the models and selling them in colorful packaging for sale at department and dime stores. In the mid '60s they also stamped FUN HO No 9 VOLKSWAGEN MADE IN ... NEW ZEALAND on the baseplates, which were now zinc plated.
The FUN HO! Oval VW cane in the following colors: Chrome, Copper or Nickel Plated; Light Green, Light Blue, Yellow, Metallic Blue, Gold.
