How to determine price paid with bundled auction.

[soggydog]

I just won a bundled auction for 7590 Woody and Buzz to the rescue and 7942 Off Road Rescue. When I add these to my Brickfolio how should I set the purchase price. Just divide what I paid by two? This seems like it may skew the numbers some. The final price was $26 plus $8 shipping so I think I did OK...

 

The other interesting thing about the auction is that the model number in the Title is not correct but the picture and description are.

[Huskers1236]

If I ever purchase like this, if one set is worth more than the other, I just skew the dollars toward the more expensive set a bit to even them out. 

[DoNotInsertIntoMouth]

I just won a bundled auction for 7590 Woody and Buzz to the rescue and 7942 Off Road Rescue. When I add these to my Brickfolio how should I set the purchase price. Just divide what I paid by two? This seems like it may skew the numbers some. The final price was $26 plus $8 shipping so I think I did OK...

 

The other interesting thing about the auction is that the model number in the Title is not correct but the picture and description are.

 

I just split them in two - mostly because I look at my total investment rather than set by set.

[soggydog]

I took the combined value of each and figured out what the percentage of each was. 68 for one 32 for the other. I then split up the purchase price using the percentages. Probably over thinking it but it seemed to work out ok.

[Polar_Beast]

I took the combined value of each and figured out what the percentage of each was. 68 for one 32 for the other. I then split up the purchase price using the percentages. Probably over thinking it but it seemed to work out ok.

Nope, not over thinking it at all. That's the perfect way to do it. I have bought several lots with multiple sets each, and this is the only way to determine. Now, sometimes I choose to skew the numbers a bit in the case where I'm buying a lot mainly only for one rare item in the mix. Example, bout a lot of 100 minifigs for $120 total. 99 of them are worth $8 or less, but one of them was an original Jango Fett. I considered I paid $21 for him, and $1 each for the remaining 99.

[Grolim]

I usually take the retail prices of the sets and use that to find their relative weightings.  Sometimes I use the current market price on the set page if the sets have shown vastly different growth rates.  In this case it's about the same.

 

$20 for 7590 = 66.6% (or 2/3)

$10 for 7942 = 33.4% (or 1/3)

 

So your $34 I would assign:

7590 - $22.67

7942 - $11.33

 

Looks like you've done pretty much that but used the current market price 

[El Guapo]

I took the combined value of each and figured out what the percentage of each was. 68 for one 32 for the other. I then split up the purchase price using the percentages. Probably over thinking it but it seemed to work out ok.

I believe this would be the GAAP. (Generally Accepted Accounting Principle).  You could use piece count or retail pricing to determine the percent makeup.  -- So one retails for $30 and the other $20 you would do a 60/40 split....

 

 

Grolim said pretty much the same thing...sorry.

Edited August 9, 2013 by El Guapo

[jaisonline]

I estimate % size. If I paid $100 for a bundle of 2 sets and 1 set used 80% of the bundle, that 80% set is entered as $80. Again, it is just an estimate. Don't melt your gray matter by spending too much time. Just an educated guess.

[boxofcorey]

I bought a 4842 Hogwarts along with a Freeing Dobby, Knockturn Alley, Dueling Chamber, Hagrid's Hut, and Final Challenge from the HP theme and paid 120 for the whole lot.

 

The way I calculated it was that I paid 80 for the 4842 and split the other 5 sets with the other 40 bringing their purchase price to 5 a piece. It's all relative to your particular lot.

[Snowcrash]

You could divide it by brick count too. That might give appropriate weight to larger sets, especially if it was a large lot with 10+ sets involved.

[blocktator]

I bought a 4842 Hogwarts along with a Freeing Dobby, Knockturn Alley, Dueling Chamber, Hagrid's Hut, and Final Challenge from the HP theme and paid 120 for the whole lot.

 

The way I calculated it was that I paid 80 for the 4842 and split the other 5 sets with the other 40 bringing their purchase price to 5 a piece. It's all relative to your particular lot.

 my goodness, incredible find!  I'm assuming this wasn't recent.  i'm very jealous.

[boxofcorey]

 my goodness, incredible find!  I'm assuming this wasn't recent.  i'm very jealous.

 

Recent, yes. Used sets but still a good find regardless, one of my ONLY successful Craigslist adventures so far.

 

They are all displayed right now, but I'm extremely disappointed in the Knockturn Alley set... there's a whole structure in that set that doesn't attach to the shop and serves no real purpose.