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British Boy Makes Thousands From McDonald's Memorabilia

A British boy made a big deal out of Happy Meals.

Luke Underwood, 11, had his 5,000-piece collection of posters, Happy Meal boxes, toys, and promotional displays auctioned Wednesday night, selling for $11,500, which includes a 15 percent buyer's premium.

Luke, who is from South Clifton, Nottinghamshire, 140 miles north of London, said Thursday it was tough to put the collection under the hammer.

"It was sad to see it go," he said on a telephone interview on his way home from school. "We just needed the room. It was on the landing. It was everywhere."

Unique Auctions' owner Terry Woodcock said he had no idea the memorabilia would sell.

"I didn't think people would be interested in McDonald's toys. I've never been so wrong about an auction in 20 years," he said.

Woodcock said that people from around the world — including the U.S., Germany and Australia — bought pieces of the collection. One man paid $420 for a 101 Dalmatians toy to finish his own collection.

Luke's father, Philip, had bought most of the collection for his son four years ago for $350, and they've been adding to it.

Luke said he wants to continue to buy and sell collector's items. Batman and James Bond toys are on his shopping list.

"They are going to be the biggest sellers in the future," he said.