Hey everyone, I hope some people who still post here have some interest in these because they are the only reason I made an account here! There seems to be very little information about this set on the internet. In fact, while most of the few sources say it was possible that these were sold in vending machines in addition to definitely being distributed as arcade prizes and none confirm that they were sold in vending machines, I actually remember getting the two I have in vending machines at a pizza parlor. The vast majority of the information about these available online that I've found was in this thread and these two blog posts:
http://www.littlewei...g-warriors.html
http://www.littlewei...re-of-them.html
Pictures in the second blog post linked above confirm the theory in the first post of this thread that these were made in larger sizes as well.
I have the one standing with the shield and sword and the one with the spear, although mine with the spear is all green except for the black eyes and I always thought the spear was a staff. (I like wizards and I thought it was a frog wizard with a staff.) I haven't seen any others without the red and yellow paint like that online so perhaps it's rare. I'll take pictures and post them sometime.
I can't find any on eBay right now. Please let me know if you have any you'd be willing to part with! I will pay or trade and I threw nothing out from my childhood so I have tons of old toys to trade.