Toy expert Bruce Zalkin, a one-time appraiser on “Antiques Roadshow,” loves Barbies, antique dolls, Pez dispensers, pedal-cars and “Star Wars.

The toy was rescued from the doomed ocean liner in 1912 along with with its owner, Edith Rosenbaum (who later changed her last name to Russell). As she recalled in a 1970 interview, the then 32 ...