These toy drawings were found in patents from the 1920s, 30s, 40s and 50s. New toy designs are added regularly.

 
Round and round we go
It doesn't feel like we're getting anywhere. A "coin-controlled amusement game apparatus" for Dale Engineering, a manufacturer of penny arcade games. 1953
Toy band wagon

"This invention relates to toys and has for an object to provide an improved construction wherein a combined wagon and music box is provided, arranged to operate independently or simultaneously.

Another object of the invention is to provide a toy in the shape of a band wagon and provided with a talking machine, and means for connecting the talking machine and wheels of the band wagon with the same driving motor."

1920
Roller skate
A roller skate for Heiser Skate Company of Minneapolis, Minn. 1953
Pecking chicken
"A mechanically operated toy fowl constructed and designed so that when energized the body of the fowl will be moved to and from the ground or like support in life-like resemblance to the food pecking action of the fowl." This is an early design from the famous Louis Marx and Company toy works. 1924
Duck trundle toy
A trundle toy design for Fisher-Price. 1952
Toy western rifle
A cowboy rifle toy gun design for Louis Marx and Company. 1953
Sparking ray gun
A toy sparking ray gun. The manufacturer is unknown. Let us know in comments if you've seen this gun. 1953
Toy destroyer
"... a toy boat in the form of a destroyer, made of wood covered by a plate carrying the superstructures and so arranged that the same may be readily removed to expose the propelling mechanism, so that it can be replaced or repaired when broken." 1920
Strato Gun
The Strato Gun for Futuristic Products Company of Detroit, Mich. The Strato was a cap gun with a plastic chrome finish. 1953
Toy airplane
A toy airplane for Louis Marx and Company. And here is a picture. 1954
Toy space ship
A toy space ship design for the S. J. Wegman Company. 1956
Toy dog
I love the detail that went into illustrating this patent for a toy poodle. 1952
Pulling hand top
Described as a "pulling hand top" this is a yo-yo with an animal casing. When the "said casing is of the frog shape, it is proposed to eccentrically connect the said member for causing leaping of the frog during operation." 1930
Flash Gordon space pistol
A space pistol design for the Louis Marx Company. This design was eventually made into a Flash Gordon water pistol, though it was prototyped as a Tom Corbett Space Cadet ray gun. 1953
Water pistol
A toy water pistol for the space cadet in training. 1953
Toy boat
A toy racing boat. 1951
Fireman straw
Children can drink their juice through this firefighter's hose. 1953
Pogo Stick
An ornamental design for the classic Pogo Stick. 1953
Self-propelled toy boat
A self-propelled toy boat where the engine and blade are mounted on the back of the hooded passenger. 1953
Puppet hat
A design for a combined puppet and hat, which seems to serve neither purpose particularly well. 1953

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