A note on the back of this photo identifies this doll as one of the first Alice in Wonderland dolls made by the Company in 1923 and 1924, but it more likely dates to the 1930s. In the 1980s, the Alice in Wonderland dolls that sold for $1.95 in 1923 were listed in the Fifth Blue Book of Dolls and Values at $300-$350.

Notes: Stephanie Finnegan, et.al., Madame Alexander Dolls: An American Legend (Porfolio Press, 1999), 19; John Axe, "Exclusive Doll Reader Interview With Madame Alexander," Doll Reader, April 1984: 88.

Courtesy of Alexander Doll Company, Inc.