Holy Cow! Lego 70810 MetalBeard's Sea Cow is Up 40% in Just 2 Months

The "good ole' days" are still here if you pick the right sets...

40% from what?

12 minutes ago, exciter1 said:

40% from what?

"It's quite impressive when any set increases over 40% from MSRP within 2 months of "availability"

i'll update that.

Sea Cow is odd and that's what makes this one a winner in my book.  I didn't grab as many as I should have but I'm happy with my choice on qty

Don't forget taxes on the purchase, selling fees, and shipping charges.  The initial price jump is good news for investors.  I personally was not sold on this set and have none.  Reseller inventory should be fairly low on this one compared to other exclusives which will help anyone that is holding it.  I'll be curious to see how it performs throughout 2016.

Why is it a surprise?  Its an expensive pirate ship that was not hoarded.  See Imperial Flagship

Wonder how many of the buyers now are other investors hoping it hits $750?

Next lego movie, even if it isn't in the movie, will boost it as well.  No remakes to worry so much about.

11 minutes ago, MarxMarvelous said:

Wonder how many of the buyers now are other investors hoping it hits $750?

I think most of those guys are still having the DS/R5/Tumbler tunnel vision.

I'm curious to see what it goes from here.  I'm more considering this the initial jump on a $250 exclusive set we see many times.

I didn't touch this one. Good job for everyone who did.

7 minutes ago, exciter1 said:

I'm curious to see what it goes from here.  I'm more considering this the initial jump on a $250 exclusive set we see many times.

Exactly.  Let's see what demand is a year or two from now.  Who knows.  GL to those who bought.

9 minutes ago, inversion said:

I think most of those guys are still having the DS/R5/Tumbler tunnel vision.

It should probably be noted that both R5 and Tumbler are outselling Sea Cow on ebay EU by around 5 to 1 since Jan 1st.

I'm glad to see Sea Cow off to a good start, though I didn't buy any. I'm quite happy to have my money in R5 and Tumblers instead. The demand will stay high for those sets in the coming months and years.

15 minutes ago, exciter1 said:

I'm curious to see what it goes from here.  I'm more considering this the initial jump on a $250 exclusive set we see many times.

You know how i feel about this set While the sudden spike is nice, I doubt it will continue long-term.

My reasoning is that the ship itself is GREAT but pretty much everything else included can be had in various cheaper sets.  

Much like the Town Hall, i think the initial spike might be due to resellers who totally missed this set. That along with assumed lower production #s is prob where comparisons end.  The Town Hall will always have demand for those who like that theme or want to complete it.  Will the ship's awesome design and build carry this set's appreciation past <enter any # here above $500>. Only time will tell.

I think most of those guys are still having the DS/R5/Tumbler tunnel vision.

It should probably be noted that both R5 and Tumbler are outselling Sea Cow on ebay EU by around 5 to 1 since Jan 1st.

I'm glad to see Sea Cow off to a good start, though I didn't buy any. I'm quite happy to have my money in R5 and Tumblers instead. The demand will stay high for those sets in the coming months and years.

And probably more hoarded 10 to 1

Always knew it was a winner

Isn't that initial bump mostly fees and shipping, with maybe a little bit of profit? If prices on eBay are in the $350 range it doesn't mean that's what a seller actually gets, as I am sure you know. If you bought at MSRP, that's what the set was worth then. Now it is worth what you get _after_ fees and shipping - and that's quite a bit less.

No it isnt

19 minutes ago, dinner41 said:

Isn't that initial bump mostly fees and shipping, with maybe a little bit of profit? If prices on eBay are in the $350 range it doesn't mean that's what a seller actually gets, as I am sure you know. If you bought at MSRP, that's what the set was worth then. Now it is worth what you get _after_ fees and shipping - and that's quite a bit less.

Right now you'd make about $35 on ea set if you sold it for $350 with a buy in of $250 plus tax. 15% goes right to shipping/ebay fees/ PP fees....... Now once it hit $500 then we are looking at some real money.

19 minutes ago, dinner41 said:

Isn't that initial bump mostly fees and shipping, with maybe a little bit of profit? If prices on eBay are in the $350 range it doesn't mean that's what a seller actually gets, as I am sure you know. If you bought at MSRP, that's what the set was worth then. Now it is worth what you get _after_ fees and shipping - and that's quite a bit less.

bricklink lowest is at 450$ CDN, without shipping, and less lot fees than ebay, some on ebay even sold for 600$CDN...      this is a 300$CDN worth set..

Just thinking, I have a secret place where I can still buy the holy cow for mrsp. Might be interesting for a quick flip? Or buy and store?

23 minutes ago, justapilgrim said:

And probably more hoarded 10 to 1

Probably yeah. But I still think the demand/supply numbers will be in R5 and Tumblers favour over time.

17 minutes ago, Emielvk said:

Just thinking, I have a secret place where I can still buy the holy cow for mrsp. Might be interesting for a quick flip? Or buy and store?

Yeah go for it.

Shouldn't the blog title be Holy (winged) Cow! LEGO 70810 ...  

Publishing this is going to make people go bananas and go out and buy it

1 hour ago, Emielvk said:

Just thinking, I have a secret place where I can still buy the holy cow for mrsp. Might be interesting for a quick flip? Or buy and store?

Just grab what you can now and decide later if you want to flip or stash away.