Who could forget the magic of bringing home a Cabbage Patch Doll or Care Bear? Or completing the Rubik's Cube for the first time.
Even after 40 years, these games and toys remain iconic.
Take a look at our favourites.? Read on to see them all.
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I?t's the face you could never erase from your childhood memory, and the sound you would recognise from a mile away - your good old friend Furby.
?It's been 25 years since the creepy yet cuddly little creature launched in 1998 and took over the toy world.
And to celebrate the iconic anniversary, toy company Hasbro is harnessing the power of Furby for a new generation of kids.
The next era of Furby is officially hitting shelves on September 1, just in time for summer down under.
The new and improved Generation Alpha Furby is a lot more upgraded than the toy's ancestors.
Available in two new colours, purple and coral, Furby has five voice activated modes and over 600 responses to discover - including lights, sounds, and ten unique songs.
The quirky creature can break out in dance, share fortunes, mimic you and in a first for the iconic toy ¨C meditate.
New Furby also responds to hugs, pats, belly tickles, shaking, and feeding of its pretend Pizza Charm.
It will be available from all major retailers, and set you back $99.99.?
T?he full Furby pack also comes with some extra accessories.
A comb to brush it's 'furhawk', and even some clip-on beads and fashion accessories ¨C because 'farshun'.
Though what has remained the same is its true creepiness which we can all agree is an iconic feature of Furby. ?
"Furby reminds kids that they can be their hilarious, wacky, perfectly imperfect selves, because that is what makes them ¨C and the world ¨C a little more special," Hasbro says.
The original launch of Furby in the 1990s sparked a collector craze which drove auction prices above retail prices.
The toy was even banned from the National Security Agency (NSA) premises in Maryland, U.S. 1999 due to the computer chip within the device.
T?he limited edition Rainbow Furby which was released in 1998 is thought to be the most valuable item in the collection.
It was designed by the winner of a 'Design a Furby' contest that was held in 2000, and awarded as the prize.
Only three units were created - winner Brittany given two, one to be played with and one to be kept sealed, while Hasbro archived the other.
Being so rare, it is estimated to be worth over $150,000. ?
Who can forget the feeling of pulling a Matchbox car out of your pocket, and kicking of hours of entertainment with your friends?
The iconic range of toy cars was originally released in the 1950s and were created by English engineer Jack Odell, a vehicle mechanic for the British Army in World War Two.
The concept for the toy was pretty simple ¨C design a toy car that could fit into a matchbox. Something kids all around the world fell in love with.
?And the brand which is now owned by Mattel, alongside Barbie and UNO, is celebrating it's 70 year anniversary with a special surprise for fans.
Matchbox has announced a line of special limited-edition vehicles, paying tribute to the brands long standing heritage of inventing highly detailed and realistic vehicles.
The collection includes a 2020 Nissan GT-R, 1954 Jaguar D-Type and a Porsche 910 ¨C so there is something for every car lover.
?Julian Payne, who has worked with Mattel for over 25 years as a lead design visionary, told 9Honey Parenting that the launch is incredibly iconic.
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"Over the past 70 years, Matchbox has introduced a diverse range of iconic designs that have left a lasting impact. Notably, the Matchbox 70th Anniversary bundle stands as a testament to this journey."
The designer says that when it comes to designing toy cars, there really isn't anyone that does it like Matchbox.
"We focus on blending creativity and staying true to the original design in our process.?"
'9?0s and 2000s kids would have no issue recognising this adorable companion from their childhood.
The Tickle Me Elmo plushie, based on the iconic, most beloved classic character of Sesame Street, was first released in 1996 and sold out within months.
The toy was under so much demand by the time Christmas rolled around that year that the company had to order hundreds of thousands of units from their supplier.
The interactive Elmo was known for talking and of course giggling along to any tickles.
The more you tickled his tummy the harder he laughed and wiggled ¨C providing for endless hours of fun for kids who didn't have an iPad in sight.
And now to celebrate the much-loved kids toy, Headstart International has decided to reintroduce the Tickle Me Elmo plushie as part of it's current Sesame Street range.
The company hopes that the relaunch will help '90s babies who may now be parents themselves travel back in time to the nostalgia of their childhood.
Rebranded with a sentimental touch, a new generation of kids can now become besties with the red furry monster who's fosters lasting memories brings children non-stop joy.
The Tickle Me Elmo plushie is available to purchase at Big W and Kmart.
A? man has triggered a major throwback for McDonald's lovers around the world, after recently uncovering a forgotten storage box at his parent's house.
The person took to Reddit to share photos of some of his most prized toys from the 1990s, of which the majority were McDonald's Happy Meal toys.
"Looks like my parents kept every toy?," they captioned the series of photos of toys they found in the tub which was filled to the brim.
And the post has sent hundreds of people into a nostalgic frenzy.
"Some core memories unlocked?!" one person commented.
Another said, "Damn I had a decent chunk of the same ones.?"
"Definitely remember the megavolt toy¡thanks for the memories!"
The most recognisable toys they showed off was their collection of Transformers, also known as McRobots.
The toy series was released in 1987 and depicted iconic food items off the McDonalds menu like soft serves, Cheeseburgers and McNuggets that could transform into a robot.
And it seems, it may be beneficial for this collector to keep hold of the old toys.
Some of the original figurines are being sold online for around $60 each, rising in value each year.
Other valuable Happy Meal Toys include the miniature Beanie Babies, Furbies and Fraggle Rock toys.
M?cDonald's first launched the Happy Meal in 1979 and it's popularity with kids all came down to the addition of a toy within the meal.
An inclusion that still attracts young kids to the meal pack today. ?
Some of the first toys and activities offered were a McDoodle stencil, a McWrist wallet and a spinning top.?
And many fans of the fast food chain have been collecting them since the beginning.
In 2021, Percival R. Lugue set the Guinness World record for the largest collection of fast-food restaurant toys, with over 10,000 pieces.?
Unfortunately, it seems the toys aren't as impressive as they used to be.
Some parents commented on the nostalgic Reddit post to point out a change in their quality.
"The most noticeable thing is how poor the quality of toys are now. Just cheap moulded plastic that barely has any resemblance to the show they are promoting," one mum expressed on the post.
Another noted that kids these days aren't as impressed with the older toys as their parents were.
"My brother-in-law's parents kept his. My niece has little to no interest in them, but Auntie can enjoy the nostalgia."
Glo Worms were a necessity for any kid who was scared of the dark. And even those who weren't.
They came in cute miniature versions or larger cuddly toys ¨C and whenever you squeezed their battery-operated body, it would emit a soft and comforting glow.
Hasbro first released the toy in 1982 and yes, there was even a cartoon 'The Glo Friends' that launched in 1986.
When a selection of these iconic toys was shared to a popular 80s Instagram page, alongside the question "Who remembers the Glo Friends?" over 45,000 adults from around the world responded with their heartwarming memories.
"These things had a plastic odour I'll never forget," said one person. "I still have mine. They were like magic," said another.
"Wow. I gave one of these to my dad when I was a little girl because he wasn't feeling well. He has kept it by his bedside ever since - over 35 years. It still glows."?
Even Zoe Foster Blake ?chimed in, re-sharing the photo to her stories and declaring: "Memory (olfactory) unlocked."
What many may not remember, however, was that in 2005 Glo Worms became shrouded in controversy when it was revealed that the plastic head was softened with phthalates, which can be dangerous when swallowed by children. ?
But it was still declared one of the top toys in history by TIME magazine.
90s girls rejoice! After a 22-year-hiatus from toy stores, Sky Dancers have been relaunched in Kmart.
The colourful dolls are mounted on decorative spinner bases. You then rip the cord which launches the dolls spinning into the air.
The news of Sky Dancers' triumphant return made the rounds of social media to the delight of 90's kids who reminisced in the comments.
"Remember these went everywhere. Garage roof, down the drain," one commenter lamented.
"Oh dear God I loved them! But one got stuck in my hair as a kid and had to be chopped out, the one and only mullet I ever had," another commenter joked.
'Shrinky Dinks', otherwise known as 'Shrinkys', were a popular craft-style toy in the 1980s, and still have fans, judging by comments on social media.
When one US mum shared a photo recently of a vintage Muppet Babies Shrinky Dinks collector set to an 80s nostalgia Facebook group, people were quick to recall their memories.
"Loved Shrinky Dinks," wrote one. "I loved doing these," said another.
"I burnt my fingers so many times with those," wrote another commenter.
"I loved those so much! Such good childhood memories!", said a fourth.
"I remember doing this with chip packets mainly burger rings and twisties for some reason," chimed in another.
Shrinky Dinks are basically little sheets of polystyrene that were cut with scissors then baked in the oven, causing them to thicken and shrink into cute keepsakes.
They reached the height of their popularity in the 1980s, but are still sold in the US today.
Vintage packs can also be found on eBay, where an opened Muppet Babies pack is currently selling for a whopping AUD $150.
One mum was delighted to find an extensive collection of Care Bear figurines at a charity shop - declaring it an '80s kid's dream'.
UK mum Carly shared her haul from the charity shop, including 14 Care Bear figurines, a Care Bear in a car, a rainbow figurine, a mirror, and more.
"So excited to find these little beauties waiting for me in a charity shop today...took me right back to my childhood...I certainly didn't have this many when I was younger but it makes me wish I had kept all of my retro toys. One happy 80's baby here," she shared to a Facebook group.
Commenters applauded the rare find.
"Wow! That's awesome! What a treasure!" said one.
"My daughter would love these!! she has loads of care bear teddies but loves playing with little figures! What a find!!" said another mum.
"I can still name almost all of them which amazes me now I'm 46!" one commenter shared.
They started out on greeting cards, but it wasn't long before Care Bears became the toy every 80s kid had to have - and now they are turning 40.
Over the past four decades the bears have spawned a TV series, several movies and their own Netflix series Care Bears & Cousins.
To celebrate the milestone birthday the brand is introducing the Care-a-Lot Bear to their range - a special new addition to the Kingdom of Caring.
Available exclusively at BIG W the character is due to feature across toys, apparel and more.
Polly Pockets are pocket-sized plastic dolls located inside a tiny case featuring tiny accessories that first hit the shelves in 1989.
While Mattel took over in 1998 and changed the line to larger dolls and sets, in 2018 they relaunched again closer to the original size. And that's when there was a sudden resurgence of interest in the popular toy - and vintage sets started being sold for hundreds, and even thousands, of dollars on eBay.
In fact, there is a "super rare" Vintage Polly Pocket Birthday Party Stamper from 1992 currently listed for $2,000 on the shopping site (see photo above).
Not to mention an "Ultra-rare new and sealed" Polly Pocket Jewel Case from 1996 that will set you back $3,500.