Winged Wheel No. 500 Lantern Value Guide

Vintage RED Winged Wheel OIL LAMP No 500 ORIGINAL ...
Winged Wheel No. 500 Lantern
Estimated Value
$45 – $50
Period
1950-1970
Origin
Japan
Materials
Steel, glass, enamel paint

The Winged Wheel No. 500 is a highly collectible Japanese kerosene lantern produced between 1950 and 1970 as a high-quality alternative to American Dietz designs. These utilitarian steel lanterns gained global popularity for their durability and distinctive red enamel finish, serving as essential tools for mid-century camping and farming.

What Is Winged Wheel No. 500 Lantern Worth?

The typical price range for Winged Wheel No. 500 Lantern is $45 - $50 based on recent sales. However, values can vary depending on the item's condition, rarity, and other factors such as:

  • The condition of the red enamel paint, as original finish with minimal rust significantly increases the $45-$50 market value.
  • The clarity and integrity of the glass globe, specifically looking for chips, cracks, or heavy soot staining.
  • Mechanical functionality of the wick riser and the fuel cap's ability to create a proper seal.
  • Overall structural integrity of the wire guards and the presence of the original hanging handle.

How to Identify Winged Wheel No. 500 Lantern?

  • Look for the 'Winged Wheel' logo and 'No. 500' model number embossed directly into the red enameled steel fuel tank.
  • Verify the presence of the original clear glass globe protected by a vertical wire guard cage.
  • Check the base for 'Made in Japan' markings, which signify its post-WWII manufacturing origin.
  • Inspect the tubular frame construction, which was specifically designed to recirculate air for a steady flame.

History of Winged Wheel No. 500 Lantern

Produced in Japan by the Winged Wheel company, these lanterns were inspired by American Dietz designs. Following World War II, Japan became a major exporter of these affordable, high-quality utilitarian items, which were used globally for camping, farming, and emergency lighting.

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