Wooden Model Boat Battery Operated Original Box Rico

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Vintage Wooden Model Boat Battery Operated Original Box, great looking wooden toy boat, looks like an old Christ-craft, this was made in Japan,Rico, it is approx. 13″ long, I did put batteries in and did not get any power, may have a loose wire? Also there is a small hole at the front of the boat on top where something like a small peg or horn may have been, that is missing now.