One of the first character PEZ dispensers, the shape of the 1955 Santa Claus PEZ model is both rare and valuable. Departing from the norm, the dispenser has a round body, although the candy inside remains the same traditional narrow rectangular shape.
With only two in existence, the 1982 World's Fair promotional PEZ dispensers are the most valuable items of their kind. One with a blue stem features the head of an astronaut with a blue helmet. The other has a white helmet and a grass green stem. The most recent known transaction involving either of these particular dispensers was in 2006, when the green astronaut sold for just over $32,000 on eBay.
The locking cap PEZ dispenser is a rare find from the 1940s. Among the first dispensers widely available and purposely shaped like cigarette lighters to help market them as smoking cessation aids, a few in circulation are vanilla colored. Certain very rare models, produced in Germany after WWII, bear the words "US Zone." It is much easier to find the wrappers from the PEZ candies of this era.
Available via mail order and in some retail settings in 1955, the Golden Glow PEZ Dispenser, with a wide gold colored base and gold stem, has become a rare find. With a stamp bearing the mark, "U.S. PATENT 2,620,061," these particular dispensers are highly sought-after by collectors for both their novelty and rarity.
The first robot PEZ dispensers, also released in 1955, were solid colored in gray, navy blue, red, or bright yellow. Also very rare, the 1955 Robot Flying Saucer promotional PEZ dispenser shows slight differences from the standard robot versions.
A candy shooting PEZ gun makes a great addition to any collection of valuable PEZ dispensers. Two well-known versions are the small pistol shaped dispensers from the 1960s and 1970s and the PEZ space guns, offered in the 1980s to supplement the "Star Wars" craze.
The Alpine Man PEZ dispenser is the 1972 Munich Olympics edition. Equipped with a brown or green hat adorned with four feathers, this rare PEZ dispenser is a coveted addition to any large collection. The specific model most in demand has a mustache.
Recalled over child safety issues, the Make a Face PEZ Set with six tubes of PEZ candy in its original package is a great find for enthusiasts. Resembling a tiny Mr. Potato Head toy, the pieces on the face are interchangeable. These particular dispensers often cost several thousand dollars in mint condition.
The Mickey Mouse Soft Head PEZ Dispenser is a prototype, which makes it very rare. Experts are aware of only one in existence. With a red rectangular candy shaft and a soft plastic Mickey Mouse head, this candy dispenser is thought to have been bought for $7,000.
Perhaps among the easiest valuable PEZ dispensers to collect are pre-1989 Superhero PEZ dispensers. Easily distinguishable by their lack of feet, these figures vary greatly in condition and rarity. Popular versions include Wonderwoman, Batman, and Bugs Bunny.