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10197 - Fire Brigade


Spartikis

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With sets like this, my hypothesis (I will be writing a blog explaining it) is that these sets will jump in value. If you sell early, you will do well. At a certain point, everyone will start trying to dump them and that will kill the price.

I have 4 of these. I sold 2 last week for $240 each and I am hanging on to the other 2 for a while. I sold 2 right away because like you stated I think it will sell for more now and then dip quite a bit for a while before it starts to climb. It might take it a long while to get back to $240 so I figured I will sell 2 now and save the other 2 just in case I am wrong.

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In short, yes they are selling at those prices. The latest sold listings on eBay show:

Price(P&P)

99(15)

<165(15) (best offer)

165(15)

155(15)

150(5)

250(15) (Germany)

155(10)

169.95(0)

156.53(10)

179.95(0)

These are between 29/12 - 7/1. This may be a short term OOS bubble but it will be interesting to see what happens.

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In short, yes they are selling at those prices. The latest sold listings on eBay show:

Price(P&P)

99(15)

<165(15) (best offer)

165(15)

155(15)

150(5)

250(15) (Germany)

155(10)

169.95(0)

156.53(10)

179.95(0)

These are between 29/12 - 7/1. This may be a short term OOS bubble but it will be interesting to see what happens.

Interesting, where do you get that from??

 

I assume the () figures are postage?

 

I got mine by watching auctions and entering the prices into a spreadsheet. But using that method I cannot do BINs as I do not know whether they end by running out of time or being bought.

 

Attached is my file for 10197 for the last year...

My prices incl postage, the BP prices do not.

Book2.xlsx

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Folks who are predicting that FB will be a lousy investment make the assumption that this set has been purchased by investors/speculators at a high rate throughout four years since 2009. Only TLC will know the true buying pattern.

Personally I don't think there is a strong correlation between number of sets hoarded and number of years the set is sold by TLC. Each hoarder will likely buy a comfortable level of inventory per set, regardless of whether the set is out for two years or longer.

Given the high likelihood that this will be the only fire brigade for the modular series, I expect the demand to maintain at a healthy pace for many years to come, unless TLC treats modular like City theme and keeps on churning out new fire stations.

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Chipbee: you make a good point.

 

CNH1974: Yes, the prices in brackets are P&P (sorry the tables/columns aren't the prettiest, I was replying on my smartphone).

 

I got that data from eBay, by searching 'Lego 10197' and selecting 'Sold Listings' as the variable on the left.  This gave the results I've presented.

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  • 4 weeks later...
  • 2 months later...

It's selling for $240-250 right now. Depending on what you paid and your local sales tax, the profit on these is around 30-50% if you're selling on eBay. It's a nice profit margin, but not quite deserving of the pedestal it is put upon on these forums.

Of course, if it is fetching $300 by Christmas, then it is worthy of being back on that pedestal.

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It's selling for $240-250 right now. Depending on what you paid and your local sales tax, the profit on these is around 30-50% if you're selling on eBay. It's a nice profit margin, but not quite deserving of the pedestal it is put upon on these forums.

Of course, if it is fetching $300 by Christmas, then it is worthy of being back on that pedestal.

It's selling for

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  • 4 months later...

So I was watching the morning news on CBS and long story short, this came up: link  I found this really interesting because you can totally see the bottom's floor resemblance to the fire brigade! 

 

Now I don't know how you could use it to a marketing advantage, but I thought it was cool and thought i'd give you guys a heads up.

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