Source: BE023733 | Tullio Saba | Flickr
Original Caption: APRIL 17, 1959. MECHANICAL MAN. NEW YORK. DECKED OUT IN SOME STRANGE-LOOKING HEADGEAR, THIS LAD IS DEMONSTRATING THE TALENTS OF "ROBERT THE ROBOT," A NEW MECHANICAL TOY. THE ROBOT'S EYES LIGHT UP, HE WALKS, HE TALKS AND MOVES HIS HANDS--ALL VIA REMOTE CONTROL.THE MECHANICAL TOY, MADE BY THE IDEAL TOY CORP., WILL BE DISPLAYED AT THE AMERICAN FAIR IN MOSCOW THIS SUMMER. IT SELLS FOR ABOUT SIX DOLLARS.
According to quick google calc this guy would cost about $60 in today's money. Doesn't actually seem that bad for what it does, unless it breaks immediatly or something.