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The box is the same type of box the German wooden tractors, the plaster railway figures from Berger we looked at a month or so ago and German Christmas-baubles come in, the paper wrap is more reminiscent of the earlier half of the 20th Century and the spring-loaded firing mechanism is very 'European' in execution.
The clincher is that something - almost certainly an Eagle - has been painted-out on both sides of the wheelhouse...for export? or to comply with the Allied de-Nazification program?
So why does it look HK? Because back in the early days all cheap plastics looked the same, and the Germans in the immediate post-war period through to my childhood in the 1960's/early '70's were second only to Hong Kong/Japan in the production of plastic toys and novelties.
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Next to them is another Celluloid vessel, this appears to have dome sort of mechanism in the base, but I can't work out what it is, even with a jeweller's 'eye' and a torch. It may be only a weight, but seems to have brass and white-metal components? And I owe thanks to Pam Taylor (Kleeware collector supreme!) of Wales for the tall-ship which is 6cm long.
[Added 24th November 2013...I saw another one the other day, the mechanism is a rusted-up spring return form a novelty tape-measure!]
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I don't know how the hovercraft got in this lot - well I do; they were 'to hand'! The one on the left is the one currently in Poundland from Funtastic, the other was a common rack-toy in the 1980's and I've seen them painted on some of the Blogs I link to here in the last couple of years, and they came-up quite well. They are a vauge HO-guage type size/scale thing...
The small sailing vessel (3cm) is a Christmas cracker toy, the yellow tug (65mm) is a recent (1970's?) baby's bath toy, the other two tugs (55mm) are the 1950/60's equivalents.
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