Crustybeaver Posted October 22, 2014 Share Posted October 22, 2014 (edited) That is a lot of VW. It should do well. So you maintain inventories of over 50 on most exclusives, warehouse? I did put an inventory together at the start of the summer however I've added a lot of sets since then and not updated my records. It's something I'll do next year, at this stage I'm just interested in buying so no need to keep records yet as I've not sold any exclusives. My collection currently consists mainly of VW, GE, SSD, HH, TB, R2D2, Super Heroes and Lord of the Rings and Currently fills two lofts and a spare room. I reckon I've got space in my girlfriends loft for another Edited October 22, 2014 by Crustybeaver Quote Link to comment Share on other sites More sharing options...
minicoopers11 Posted October 22, 2014 Share Posted October 22, 2014 (edited) This was available before the no discount on exclusives policy went into effect. I bought a few on amazon at a discount. Did you read my post? "This is now, wasn't its whole life however, a non-discountable exclusive in USA." I paid $95 on Amazon back in 2012. Edited October 22, 2014 by minicoopers11 Quote Link to comment Share on other sites More sharing options...
minicoopers11 Posted October 22, 2014 Share Posted October 22, 2014 I did put an inventory together at the start of the summer however I've added a lot of sets since then and not updated my records. It's something I'll do next year, at this stage I'm just interested in buying so no need to keep records yet as I've not sold any exclusives. My collection currently consists mainly of VW, GE, SSD, HH, TB, R2D2, Super Heroes and Lord of the Rings and Currently fills two lofts and a spare room. I reckon I've got space in my girlfriends loft for another 1 Quote Link to comment Share on other sites More sharing options...
Crustybeaver Posted October 22, 2014 Share Posted October 22, 2014 @CB... My 22 seem pale in comparison but, I did load up on the Mars Rovers and did OK out of them. The Campers will do well if the market isn't too flooded. I just figured I needed something to bring in the big bucks and see this set as a good earner. I'm a little disappointed that it's looking unlikely it will retire at the end of this year, but I guess it will mean I'll have longer to buy more next year. Funnily enough while I have more of these than any other exclusive it's the LOTR sets that I've invested heaviest in. When Asda Direct were knocking out 50% off Lord of the Rings I waded in heavy on Pirate Ships, Black Gates and Unexpected Gatherings. While I know this is not the quickest climbing theme I do believe these sets will do well 2-3 years from now and am most excited at the prospect of these returns. Quote Link to comment Share on other sites More sharing options...
legone Posted October 22, 2014 Share Posted October 22, 2014 After seeing the quantity hoarded here, now I'm seriously thinking about selling mine. Everyday we keep seeing new signs that this market is getting overcrowded. 2 Quote Link to comment Share on other sites More sharing options...
Crustybeaver Posted October 22, 2014 Share Posted October 22, 2014 No need to keep records? I hope you're at least recording the sets you buy and the prices you paid?! I have stored all my receipts and invoices however I have not been regularly updating my records. I'll do a stock check after Christmas. Anyhow I know more of less how many I have of each set. Quote Link to comment Share on other sites More sharing options...
Guest TabbyBoy Posted October 22, 2014 Share Posted October 22, 2014 I did put an inventory together at the start of the summer however I've added a lot of sets since then and not updated my records. It's something I'll do next year, at this stage I'm just interested in buying so no need to keep records yet as I've not sold any exclusives. My collection currently consists mainly of VW, GE, SSD, HH, TB, R2D2, Super Heroes and Lord of the Rings and Currently fills two lofts and a spare room. I reckon I've got space in my girlfriends loft for another Quote Link to comment Share on other sites More sharing options...
Guest TabbyBoy Posted October 22, 2014 Share Posted October 22, 2014 After seeing the quantity hoarded here, now I'm seriously thinking about selling mine. Everyday we keep seeing new signs that this market is getting overcrowded. For all we know, investors may hold just <1% of sets sold. There's an awful lot of kids out there still. Quote Link to comment Share on other sites More sharing options...
Crustybeaver Posted October 22, 2014 Share Posted October 22, 2014 After seeing the quantity hoarded here, now I'm seriously thinking about selling mine. Everyday we keep seeing new signs that this market is getting overcrowded. I wouldn't sell your Campervans you will most likely come to regret that at a later date. I don't think sets like this will ever lose appeal. Yes as time evolves and more investors enter the fray the secondary market will get crowded but with time prices will still rise. Whereas a few years ago good money was to be made quickly people will need to be more patient in the coming years. That said I think the Campervan price will double within a year of being retired. Quote Link to comment Share on other sites More sharing options...
legone Posted October 22, 2014 Share Posted October 22, 2014 But the market of people who's willing to pay $250 - $300 for it may be less than 0.5%. We don't know either number, and I hope I'm wrong. Quote Link to comment Share on other sites More sharing options...
Crustybeaver Posted October 22, 2014 Share Posted October 22, 2014 I have a very full attic (I live at my girlfriend's house as she's OK with it!) and I've covered every box in a plastc bag and have a tarp over the whole lot. That saved my stash when a couple of roof tiles slipped last Winter. Also, I have them intemised on contents insurance. For security, I always tell buyers that I have to "drive to my lockup" to pick up a set for collection. Can't agree more, it's so important to keep your stash protected. All of my Lego is stored in cardboard boxes, I'm just not taking any risks. Quote Link to comment Share on other sites More sharing options...
tractorboy Posted October 22, 2014 Share Posted October 22, 2014 (edited) Man, kudos to those with 100 of these or more, though I'm not sure I'd want to be looking at getting rid of them in a hurry. Even selling one a week would take 2 years to sell them all. Selling one a fortnight would take 4 years. And that's in a market that's gonna be pretty crowded for a year or two at least. Edited October 22, 2014 by tractorboy Quote Link to comment Share on other sites More sharing options...
glenbart Posted October 22, 2014 Share Posted October 22, 2014 The fact is though, there is less chance of a kid getting 2 of these at Christmas and selling 1, less chance you'd sell this set if you got it as a gift, a lot of investors like to keep to investment on a set under Quote Link to comment Share on other sites More sharing options...
minicoopers11 Posted October 22, 2014 Share Posted October 22, 2014 But the market of people who's willing to pay $250 - $300 for it may be less than 0.5%. We don't know either number, and I hope I'm wrong. We don't know. But given that this is a VW van and sets that list at $120 have and continue to go for more than $250-$300, I wouldn't be worried. Just sell when you get a profit you're happy with. Quote Link to comment Share on other sites More sharing options...
mscheaf Posted October 22, 2014 Share Posted October 22, 2014 After seeing the quantity hoarded here, now I'm seriously thinking about selling mine. Everyday we keep seeing new signs that this market is getting overcrowded. Nah. If you are worried about it just don't buy anymore. You already paid for the ones you bought, might as well save them and make money at some point. They won't go down in value Quote Link to comment Share on other sites More sharing options...
Crustybeaver Posted October 22, 2014 Share Posted October 22, 2014 The fact is though, there is less chance of a kid getting 2 of these at Christmas and selling 1, less chance you'd sell this set if you got it as a gift, a lot of investors like to keep to investment on a set under 3 Quote Link to comment Share on other sites More sharing options...
glenbart Posted October 22, 2014 Share Posted October 22, 2014 I've read your post three times over and it still makes no sense to me. I was responding to tractorboys thoughts of a VW flooded market. Quote Link to comment Share on other sites More sharing options...
tractorboy Posted October 22, 2014 Share Posted October 22, 2014 I've read your post three times over and it still makes no sense to me. lol I was just thinking that too. @glenbart So you think a lot of people only invest in sets under 50 quid? There may be some, but I think most serious investors look at sets at Quote Link to comment Share on other sites More sharing options...
tractorboy Posted October 22, 2014 Share Posted October 22, 2014 (edited) I was responding to tractorboys thoughts of a VW flooded market. I never said flooded, just crowded. I still think the T1 will do well. Flooded implies that there is too many sellers to make a profit, which I don't think will happen with this set. I do think the price might climb slower than some people are hoping though. By the time this hits EOL, there'll be people who have been sitting on large numbers of these for 2 or 3 years. Many of those might be quite happy to offload at a 50% mark up (or less) when it goes. Edited October 22, 2014 by tractorboy Quote Link to comment Share on other sites More sharing options...
glenbart Posted October 22, 2014 Share Posted October 22, 2014 I know what you meant tractorboy... I think the U.K is a lot different than the U.S, I see the set pretty scarce 4-5 years after eol. I cant wonder why crusty would buy 90 of these, that's an equivalent of 22 SSD's you could of had. Quote Link to comment Share on other sites More sharing options...
glenbart Posted October 22, 2014 Share Posted October 22, 2014 lol I was just thinking that too. @glenbart So you think a lot of people only invest in sets under 50 quid? There may be some, but I think most serious investors look at sets at Quote Link to comment Share on other sites More sharing options...
Crustybeaver Posted October 22, 2014 Share Posted October 22, 2014 I cant wonder why crusty would buy 90 of these, that's an equivalent of 22 SSD's you could of had. My perception is that T1 Campervan will hit double RRP price quicker than SSD Quote Link to comment Share on other sites More sharing options...
tractorboy Posted October 22, 2014 Share Posted October 22, 2014 I know what you meant tractorboy... I think the U.K is a lot different than the U.S, I see the set pretty scarce 4-5 years after eol. After 4 or 5 years, yeah I'd say so too. It should be hitting a very nice price by then too. I think it will be quite a sought after set well into the future. Serious, know what they are doing investors sure, but for every 1 of them there are 10 going into their local Tesco and helping them clear the shelves on lower price sets. Fair point. Quote Link to comment Share on other sites More sharing options...
tractorboy Posted October 22, 2014 Share Posted October 22, 2014 My perception is that T1 Campervan will hit double RRP price quicker than SSD Yeah, I would say so too. I suppose it's a question of trying to gauge how the bigger profit margin from the SSD fares against the sellability of the T1. Presumably the T1 will be a lot easier to sell, even at 2xRRP, though the profit margin will be less. Quote Link to comment Share on other sites More sharing options...
Crustybeaver Posted October 22, 2014 Share Posted October 22, 2014 Presumably the T1 will be a lot easier to sell, even at 2xRRP, though the profit margin will be less. The profit margin should be the same as It's all relative. Quote Link to comment Share on other sites More sharing options...
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