The bounty hunter Boba Fett’s hand-painted, missile-firing model was considered a choking hazard in the 1970s and was never made available to the public.
As one of the two surviving toys in the world, it easily outperformed the previous record holder, a unique Barbie donning a one-carat diamond, which brought $302,000 (£236,000) at auction in 2010.
According to Heritage Auctions, the figure’s purchase more than quadrupled the highest-ever amount for a Star Wars action figure sold at auction. A Boba Fett with a rocket launcher set the previous record when it sold for $236,000 (£185,000) in 2022.
Based on the character who was scheduled to appear in The Empire Strikes The next year, Kenner, a toy maker, developed the model in 1979.
The “rocket firing back pack” toy was exclusive to the toy shop and was given away for free to anyone who could show they had purchased four other Star Wars action figures.
However, after rumors circulated that rival Mattel’s missile-firing Battlestar Galactica toys had turned into choking hazards, the rocket-toting toys were never delivered.