1977 Schaper Pegasus Flying Toy Plane

This item is a vintage flying toy plane, specifically identified as a Schaper Pegasus model, likely dating from 1977 based on the provided context. The plane features a vibrant green plastic fuselage, accented with a distinct decal running along its top surface. This decal includes a red and white striped band (resembling a racing stripe), a black silhouette of a Pegasus (winged horse) near the front, and the word 'PEGASUS' printed in white capital letters below it. Towards the tail, the word 'SCHAPER' is also prominently displayed in white capital letters on the green fuselage. The wings, horizontal stabilizer, and vertical stabilizer are made of a lighter, off-white or cream-colored plastic. The main wings appear to be designed for easy assembly or attachment, possibly slotting into black plastic connectors which in turn attach to the green fuselage. The plane is equipped with a white two-bladed propeller at the front, which sits on a red hub. A black plastic component is visible on the underside of the fuselage, near the tail, which might be a mechanism for launching or providing stability. The overall construction suggests it is a lightweight, perhaps hand-launched or rubber-band-powered glider/toy plane. Minor wear, such as slight discoloration on the white plastic components, consistent with age and use, may be present. The visible parts show a typical injection-molded plastic construction for toys of that era. There are no obvious signs of significant damage or repairs, and the decals appear largely intact. The craftsmanship is typical for mass-produced plastic toys of the late 1970s, prioritizing playability and simple assembly.