10188 - UCS: Death Star

[Ciglione]

1 hour ago, Iluminadings said:

Hey guys

woul it be clever to liquidate some Death Star right now to get new capital for investment in another Sets? I have 3 one of thoose at the moment. I just think that some another exclusive Set will be retire very soon and I couldn't catch them.

 

 

Sigh... why would you invest in such a high-profile set in the first place?  Especially if your budget is so limited? 

I guess for you it would have been better to have avoided DS all together and invest that funds in sets that can be turned over faster. 

Sets like TB are the same as DS. Will take patience and time before it appreciates. Ofcourse it has to retire first.

[Iluminadings]

13 minutes ago, Ciglione said:

Sigh... why would you invest in such a high-profile set in the first place?  Especially if your budget is so limited? 

I guess for you it would have been better to have avoided DS all together and invest that funds in sets that can be turned over faster. 

Sets like TB are the same as DS. Will take patience and time before it appreciates. Ofcourse it has to retire first.

Are you serious? Are you thinking that I would miss the chance to buy the DS for 335€ just?? Of course it was higher value than other sets but today I'm really happy to own some DS. And actually, what's exactly wrong in to flip at times where the budget is restricted at all? I know that maybe next Month it will reach almost 600 but I just want prepare myself for the attack on next retiring Sets. If the TB retires next Month, it will double his RRP after that. That's an example calculation.

[chipbee]

I think this set will easily rise to 800 to 900 usd by may 2017, if global economy remains stable.

The perceived value is higher than SSD because it has a lot more figs and pieces. Deathstar is also more recognisable and arguably the most important spacecraft on the imperial side. So demand will be higher than that of ssd.

Last i think speculators and investors would not overdose on this set simply because it was available for 8 years. People will buy the number they think they are comfortable with, which is not related to length of time set is available.

Also due to play feature i think many of used sets would be sold as incomplete and hence would not compete with unopened sets.

[Ciglione]

44 minutes ago, Iluminadings said:

Are you serious? Are you thinking that I would miss the chance to buy the DS for 335€ just?? Of course it was higher value than other sets but today I'm really happy to own some DS. And actually, what's exactly wrong in to flip at times where the budget is restricted at all? I know that maybe next Month it will reach almost 600 but I just want prepare myself for the attack on next retiring Sets. If the TB retires next Month, it will double his RRP after that. That's an example calculation.

Ofcourse I am serious. DS is not easy to move. So if you really need the funds for other sets why buy such an expensive set? 

[force392]

2 hours ago, valenciaeric said:

Depends on your buy-in...

The big DS push is now over so I´d consider it if I bought in at more than 25% of RRP. Will any other set retire within the next 6 months, though?

Which sets will retire?  That is the big question.  Why sell the 10188 now that it is retired (or soon will be)?  What other sets will appreciate faster than the 10188?

[Iluminadings]

29 minutes ago, Ciglione said:

Ofcourse I am serious. DS is not easy to move. So if you really need the funds for other sets why buy such an expensive set? 

Did you not get the point? It had been a high discount, that moved me to catch them. And right now I could get some profit and just wait for the next attack. I would say it's not really like to speculate on which Sets will expire next. More important ist to be liquid for the next coup. Am I wrong?

Edited January 5, 2016 by Iluminadings

[Val-E]

1 hour ago, Iluminadings said:

Are you serious? Are you thinking that I would miss the chance to buy the DS for 335€ just?? Of course it was higher value than other sets but today I'm really happy to own some DS. And actually, what's exactly wrong in to flip at times where the budget is restricted at all? I know that maybe next Month it will reach almost 600 but I just want prepare myself for the attack on next retiring Sets. If the TB retires next Month, it will double his RRP after that. That's an example calculation.

There is nothing wrong with flipping now - many people here will thank you for it because it means they will have less competition when they want to sell down the line.

The point to consider is that the sets you mentioned reinvesting in have had very long lives but are also best sellers. For this reason, it´s hard to know when they will go and you could well be sitting on them for years. If you can get them as cheaply as DS, why not, but at full RRP it makes more sense to hold and see how things evolve. Most sets retire in the second half of the year - that´s why it is probably better to hold. You will then be able to sell theDS cheaper than anyone and very quickly if need be.

[Ciglione]

10 minutes ago, Iluminadings said:

Did you not get the point? It had been a high discount, that moved me to catch them. And right now I could get some profit and just wait for the next attack. I would say it's not really like to speculate on which Sets will expire next. More important ist to be liquid for the next coup. Am I wrong?

I did get the point. Ofcourse you can flip. You can do whatever you want. But you were the one who asked the question here. Not me.

DS is not an easy set to flip. That is what I am trying to tell you. Just like TB will not be an easy set to flip. So if your budget is constrained. Why invest in such difficult to move sets in the first place? 

12 minutes ago, valenciaeric said:

There is nothing wrong with flipping now - many people here will thank you for it because it means they will have less competition when they want to sell down the line.

I tend to disagree with your statement that many people here will be happy. Selling too early is not always good for the rest of us. 

[Val-E]

10 minutes ago, Ciglione said:

I did get the point. Ofcourse you can flip. You can do whatever you want. But you were the one who asked the question here. Not me.

DS is not an easy set to flip. That is what I am trying to tell you. Just like TB will not be an easy set to flip. So if your budget is constrained. Why invest in such difficult to move sets in the first place? 

I tend to disagree with your statement that many people here will be happy. Selling too early is not always good for the rest of us. 

True, if they are selling to resellers then it´s almost as bad as not selling since they will be the last ones standing.

Intersting to see that DS is still outselling Tumbler on ebay 2 to 1 despite costing more than double. The numbers don´t lie, or do they?

[Ciglione]

6 minutes ago, valenciaeric said:

True, if they are selling to resellers then it´s almost as bad as not selling since they will be the last ones standing.

Intersting to see that DS is still outselling Tumbler on ebay 2 to 1 despite costing more than double. The numbers don´t lie, or do they?

It was "hips don't lie". Or was that something else?

[Guest]

6 minutes ago, valenciaeric said:

True, if they are selling to resellers then it´s almost as bad as not selling since they will be the last ones standing.

Intersting to see that DS is still outselling Tumbler on ebay 2 to 1 despite costing more than double. The numbers don´t lie, or do they?

Well SW OT >>>>>>>>>>>>>>> 4th or 5th Batman reboot. And THAT will never change.

[Iluminadings]

11 minutes ago, Ciglione said:

I did get the point. Ofcourse you can flip. You can do whatever you want. But you were the one who asked the question here. Not me.

DS is not an easy set to flip. That is what I am trying to tell you. Just like TB will not be an easy set to flip. So if your budget is constrained. Why invest in such difficult to move sets in the first place? 

I tend to disagree with your statement that many people here will be happy. Selling too early is not always good for the rest of us. 

It wont be not like that if I would sell DS I don't  want to Invest right now. I just would wait for the best time. I live in an area, where I can catch TB easily if it would retire. Same for other Sets.

[Val-E]

10 minutes ago, Iluminadings said:

It wont be not like that if I would sell DS I don't  want to Invest right now. I just would wait for the best time. I live in an area, where I can catch TB easily if it would retire. Same for other Sets.

So then wait! When you see stock is down in local shops and they can tell you they won´t get more, it´s time to strike. It will probably be much easier to sell a DS for double what you paid in 3 months than now

12 minutes ago, MarxMarvelous said:

Well SW OT >>>>>>>>>>>>>>> 4th or 5th Batman reboot. And THAT will never change.

Except for the curse of Jabba, Ewoks, Jar Jar....

[mudcatsfan]

47 minutes ago, Iluminadings said:

Did you not get the Point? It was a high discount, that moved me to catch them. And right now I could get some profit and just wait for the next attack. I would say it's not really like to speculate on which Sets will expire next. More important ist to be liquid for the next coup. Am I wrong?

You're absolutely right, an ideal situation is to catch something at discount, have it increase, then flip for the next one that's about to retire, and continue the process.

The problem is, being able to time that is an unlikely prospect, and you're square in the middle of a set that's freshly retired (not even technically retired yet in the US) and the set WILL continue to rise over the next 12 months. Its very rare to have such a certain situation where your set is IN early retirement and ascending. 

Giving up certain increase to chase potential increase seems like a poor move. 

It's like hopping off an escalator to wait for an elevator that's showing no signs of going up any time soon.

Also the two elevators you mentioned waiting for just got shiny new boxes. I don't expect them to disappear soon.

Edited January 5, 2016 by mudcatsfan
more thoughts

[torville1976]

Father Christmas brought me a DS for Christmas.

I deliberated on whether to open it or not for two whole days!

Suffice to say I caved in and used the set as it was intended rather than keeping hold of it and never letting it see the light of day.

If I do ever decide to sell it. I have the boxes and instructions all in immaculate condition (I even kept the plastic bags that the pieces came in-was that necessary?) but realistically how much will it be worth in say, three/five/ten years time?

Finally, is it best to dismantle it and then put everything back in the correct boxes if I do ever sell it (a painstaking task in the making I reckon!) or put them back in whatever box I fancy?

Thanks in anticipation.

 

[stephen_rockefeller]

13 minutes ago, torville1976 said:

Father Christmas brought me a DS for Christmas.

I deliberated on whether to open it or not for two whole days!

Suffice to say I caved in and used the set as it was intended rather than keeping hold of it and never letting it see the light of day.

If I do ever decide to sell it. I have the boxes and instructions all in immaculate condition (I even kept the plastic bags that the pieces came in-was that necessary?) but realistically how much will it be worth in say, three/five/ten years time?

Finally, is it best to dismantle it and then put everything back in the correct boxes if I do ever sell it (a painstaking task in the making I reckon!) or put them back in whatever box I fancy?

Thanks in anticipation.

 

My son came home from school a few weeks back saying father Christmas..........never heard that before in my entire life.

[mudcatsfan]

13 minutes ago, torville1976 said:

Father Christmas brought me a DS for Christmas.

I deliberated on whether to open it or not for two whole days!

Suffice to say I caved in and used the set as it was intended rather than keeping hold of it and never letting it see the light of day.

If I do ever decide to sell it. I have the boxes and instructions all in immaculate condition (I even kept the plastic bags that the pieces came in-was that necessary?) but realistically how much will it be worth in say, three/five/ten years time?

Finally, is it best to dismantle it and then put everything back in the correct boxes if I do ever sell it (a painstaking task in the making I reckon!) or put them back in whatever box I fancy?

Thanks in anticipation.

 

Congrats!

Good choice, this set is very enjoyable to put together.

No way to tell until we know if they truly do release a 'bigger better' version any time in the future

Consider how you would want to buy it, and what you would pay more for in the future when deciding how to store or sell it. Separating by color is a popular choice, actually getting them back to the bag they came from would be an exceptional amount of time, and probably not worth your time to do so.

 

[torville1976]

5 minutes ago, stephen_rockefeller said:

My son came home from school a few weeks back saying father Christmas..........never heard that before in my entire life.

Seriously? I'm amazed!!

In fact, Santa being the shorter and easier answer, most folk here go with that option as having a 'secret Father Christmas' raffle at work doesn't have the same ring to it!

I like to keep tradition though so in our house if my son doesn't say Father Christmas, he won't get any presents!!

[Iluminadings]

22 minutes ago, mudcatsfan said:

You're absolutely right, an ideal situation is to catch something at discount, have it increase, then flip for the next one that's about to retire, and continue the process.

The problem is, being able to time that is an unlikely prospect, and you're square in the middle of a set that's freshly retired (not even technically retired yet in the US) and the set WILL continue to rise over the next 12 months. Its very rare to have such a certain situation where your set is IN early retirement and ascending. 

Giving up certain increase to chase potential increase seems like a poor move. 

It's like hopping off an escalator to wait for an elevator that's showing no signs of going up any time soon.

So thank you for your support . The problem is, that you cannot know where will ne the next discount. A few weeks ago, I've seen the OH in SAH for 265€. In combinimg with the VIP Card nice buying prices are possible. But how without liquidity? I just remember the Deal at Metro in Germany. 40% on all Lego Products. I wasn't to buy anything at that time because of the 3 Tumbler I've bought.

[ZULU]

5 hours ago, Iluminadings said:

I thaught because of my low buying price, which was 335€, could I take right now a good profit and at the same time more liquidity. 

Imagine what could I do, for example if the T1 Camper or TB will retire soon? I just would have a small budget to catch them, at least not in high quantity.

 

 

Those two sets are exactly the ones I've been waiting for YEARS to retire. When they do, the chances are it will take a long time to generate a decent CAGR. 

Have a look at the Pet Shop. Inventory levels indicate this set shouldn't appreciate much at all after retirement. There's enough to last 10 years of secondary market demand. at least on the PS the signals are there in terms of retirement. Those two above got a new box and could last another two years for all I know.

[Val-E]

13 minutes ago, ZULU said:

Those two sets are exactly the ones I've been waiting for YEARS to retire. When they do, the chances are it will take a long time to generate a decent CAGR. 

Have a look at the Pet Shop. Inventory levels indicate this set shouldn't appreciate much at all after retirement. There's enough to last 10 years of secondary market demand. at least on the PS the signals are there in terms of retirement. Those two above got a new box and could last another two years for all I know.

I think they will generate excellent CAGR for those that bought them at the last minute - same as DS.

[allen9917]

6 hours ago, Iluminadings said:

I thaught because of my low buying price, which was 335€, could I take right now a good profit and at the same time more liquidity. 

Imagine what could I do, for example if the T1 Camper or TB will retire soon? I just would have a small budget to catch them, at least not in high quantity.

 

 

Your buy-in price is irrelevant here, even you got it for free. The only thing matters is whether the growth of some other sets you THINK are retiring soon can outperform DS in the next 2-3 years. 

[ZULU]

19 minutes ago, valenciaeric said:

I think they will generate excellent CAGR for those that bought them at the last minute - same as DS.

Last minute of a moving retirement target date. Good luck to you! 

 

[Iluminadings]

1 hour ago, allen9917 said:

Your buy-in price is irrelevant here, even you got it for free. The only thing matters is whether the growth of some other sets you THINK are retiring soon can outperform DS in the next 2-3 years. 

LOL

[torville1976]

18 hours ago, mudcatsfan said:

Congrats!

Good choice, this set is very enjoyable to put together.

No way to tell until we know if they truly do release a 'bigger better' version any time in the future

Consider how you would want to buy it, and what you would pay more for in the future when deciding how to store or sell it. Separating by color is a popular choice, actually getting them back to the bag they came from would be an exceptional amount of time, and probably not worth your time to do so.

 

Thanks.

Personally, I'm a bit of a snob and so i would probably only ever build from new.

Having read previous posts, I think it will be highly unlikely that sets will attract the kind of costs that the UCS Millenium Falcon now commands. If I can keep my 4 year old, lego-addicted son from breaking the DS then perhaps I can pass it on to him when, in 15 years he may have a rather valuable set on his hands.

I have a 10240 RED 5 X Wing which I haven't opened yet.

Should I as I love building these things having just rekindled a hobby I left alone for over twenty five years or is it more prudent to keep it in storage?

Finally, I have read rumours of a new UCS Falcon being released. Any thoughts?