7965 - Millennium Falcon

[jerryherb]

Average Joe who owns 3-10 MF and bought them for somewhere around the normal price might need a different approach.

​getting these at $105 was not that hard to accomplish. TRU coupons and TRUTH alone would bring one within that price, add GCs and youre in the $80-$90 zone.

[Locutus001]

​getting these at $105 was not that hard to accomplish. TRU coupons and TRUTH alone would bring one within that price, add GCs and youre in the $80-$90 zone.

​Sorry: I don't life in the country of discounts ;-)

But I'm sure even in the U.S. not everyone got it that cheap and in that mass... so especially newer brickpickers should be aware of the difference between Ed and them when dealing with his tipps (which as I said I appreciate but still you shouldn't stop thinking for yourself).

[Val-E]

​Sorry: I don't life in the country of discounts ;-)

But I'm sure even in the U.S. not everyone got it that cheap and in that mass... so especially newer brickpickers should be aware of the difference between Ed and them when dealing with his tipps (which as I said I appreciate but still you shouldn't stop thinking for yourself).

​In Europe it was sub 100 euros on Amazon for a while with no purchase limit and when the pound was weaker it could be got for a good price there too. There were plenty of other big name stores that did 3x2 or up to 40% off on already reduced prices (it was in most Xmas catalogues here for 119 euros against 159 RRP).

As a case study to bore everyone, my avg. buy-in was 85 euros, the cheapest costing 72 euros and the most 119 - I couldn´t get them for more than that because they stopped production while it was still at the Xmas price and all shops ran out of stock. The cheapest I sold for was 156 in early December  and the most 276 2 months back so (before fees) I was always up double my money  with an average hold time of 45 days for the 20 I had (14 at Xmas and 6 since then).

Would I have made more by not flipping at Xmas? Definitely, but then I would have not had the capital or space to reinvest in the  all the TH/FB I was able to find earlier this year and the deals gave me a good rep on the market so people can trust enough to buy the big money sets from me (a non negligible point for newer sellers).

This is why I only have a small regret at no holding a few back or acquiring more but everyone´s case is different and perhaps more seasoned investors will have followed a different strategy - it´s all good provided you don´t end up with an attic full of them like the beanie baby man and if your buy-inwas 70 USD then you really can´t lose, whatever happens.

 

 

 

[Locutus001]

I agree, there sometimes are these discounts, but in Germany they are rare.

I drove to the netherlands last time to get buy 3 pay 2 ;-)

Nobody wants to be the beanie baby man! ^.^

[Ciglione]

I agree, there sometimes are these discounts, but in Germany they are rare.

I drove to the netherlands last time to get buy 3 pay 2 ;-)

Nobody wants to be the beanie baby man! ^.^

​You smugler you! 

[chezzzuk]

​This is common sense and has been stated time and time again but the big problem is what is a better set to invest in. There is no definitive answer and it might be another gamble that end badly. I guess that is why a lot of people prefer to hold on to their existing sets in the hope that they will outperform any other sets that they could have invested in.

Also, there are inefficiencies with fees and labour. So your next investment will have to do maybe 20% better to beat the one you already own. That is the main problem in changing sets.

[tk924]

I know there are a lot of you here that are strictly investors and are looking for a big return, but is there anyone with a few extra 7965 sets that would be willing to sell one to a collector for a decent price?

Just curious. Thanks.

[BrickLegacy]

I know there are a lot of you here that are strictly investors and are looking for a big return, but is there anyone with a few extra 7965 sets that would be willing to sell one to a collector for a decent price?

Just curious. Thanks.

​Brickclassifieds has a trade/want ad feature.  If you have some unique sets to offer you might be able to trade at a discount relative to current eBay/AMZ prices.

[Yellowtot]

I'm totally 50/50 on this whole debate I did have 11 falcons which I bought for between £80-90 last year, when the announcement was made on the 3rd I think, I did put up 5 for sale on Amazon for £239.99. All sold within the last 3 days. So demand is still very high, and like people have said the average Joe won't know about the new set being released at the end of this year, so I probably will just buy more Tower Bridges with that money made and hold the other 6 and see what happens.

[Ed Mack]

​Brickclassifieds has a trade/want ad feature.  If you have some unique sets to offer you might be able to trade at a discount relative to current eBay/AMZ prices.

​BRICK CLASSIFIEDS WANT ADS

[chezzzuk]

I know there are a lot of you here that are strictly investors and are looking for a big return, but is there anyone with a few extra 7965 sets that would be willing to sell one to a collector for a decent price?

Just curious. Thanks.

I would if I had any

[ISO8T0]

I know there are a lot of you here that are strictly investors and are looking for a big return, but is there anyone with a few extra 7965 sets that would be willing to sell one to a collector for a decent price?

Just curious. Thanks.

Try putting a post on the want ads with a price you are willing to pay. You might also have luck trading.

[jaisonline]

what you did was smart as many seasoned investors did.  you sold the VAST majority of your 7965s and kept a small amount.   so no matter wait, you made a nice profit and these last set are your insurance in case growth unexpectedly increases greatly again.  i think we just need to make sure newer investors understand that. 

while this set isn't a "dud", growth has slowed to a halt and in most cases, even continues to declining. 

as an investor, it prob makes sense to throw cash into other sets if +% ROI is your main concern.  the 7965 ship has sailed and it was fun voyage while it lasted.

Look I had 50 of these paid $60-80 a piece, I have 15 left and I am waiting to see what happens around Christmas, There is no way this set will be a dud when the new one is released, sure the price could fall some, but take my word people will want both Falcons and the price will rise again and stay high, If I was a Collector I would want both, so on the 35 I sold I made enough to get lots of other stuff, mainly Sidney Opera, Tumblers,Ewok's. So unless you need the money I would hold on to some of these. Make your mind up either way if not it will just drive you crazy day and night.     Ed

​

[Val-E]

It´s also important to consider what your goal is with the profits. If it is reinvesting in other sets then you are probably as well holding/selling gradually at an acceptable price from now till the Autumn and keeping an eye out for leaked pics. Then reinvest in the sets that EOL in 4th quarter or can be flipped at Xmas.

If it is pure profit taking then why not sell some now to cover base (and cover costs) and keep the rest as long term hoards which will net pure profit as the first ones will have paid off the initial investment - the new one will likely sell out at Xmas as has been the case with 7965 in previous years and there will always be Xmas deman for all things iconic SW.

Edited June 6, 2015 by valenciaeric

[tk924]

Thanks to those with the positive replies. I think that I may have signed up for the wrong forum or have at least posted in the wrong thread. It seems most here are investors/resellers and that's cool. I'm just a lowly collector. I'm gonna try and see if I can get lucky on Ebay. Crossing my fingers.

[Yinchuan]

Thanks to those with the positive replies. I think that I may have signed up for the wrong forum or have at least posted in the wrong thread. It seems most here are investors/resellers and that's cool. I'm just a lowly collector. I'm gonna try and see if I can get lucky on Ebay. Crossing my fingers.

Hey if things keep headed the way they are, you may just find a better deal than we did! :)

[Alpinemaps]

Look I had 50 of these paid $60-80 a piece, I have 15 left and I am waiting to see what happens around Christmas, There is no way this set will be a dud when the new one is released, sure the price could fall some, but take my word people will want both Falcons and the price will rise again and stay high, If I was a Collector I would want both, so on the 35 I sold I made enough to get lots of other stuff, mainly Sidney Opera, Tumblers,Ewok's. So unless you need the money I would hold on to some of these. Make your mind up either way if not it will just drive you crazy day and night.     Ed

​Collectors, yes.  The regular consumer....my own opinion is no.

Here's why.  I'm a collector, investor, and consumer.  I saved one 7965 for myself.  My thought has always been that my 3 year old son and my 7 year old daughter and I would build it together at some point.

But over the last six months, I've realized - A New Hope is *my* Star Wars.  I'm 42.  I was 4 when ANH premiered.  Episode 4 will always be *my* Star Wars.  It has a huge, special meaning to me.  But to my kids?  Not so much.  To my son, everything Star Wars is titled "Star Wars Rebels".  He just thinks that Star Wars is called that.  The Ghost is much more likely to be "his" ship than the Millennium Falcon ever will.

But even if that's not the case, for my son and daughter, Episode 7 will be the first time they see the MF on the big screen.  Those characters are going to be the first characters they see on the big screen.  So, if any MF is going to call to them, it will be the one from Episode 7.

What does that mean?  I'm guessing that if the average consumer, come September, goes onto eBay and see a Lego MF, and will go for the lower priced one.  They won't be looking to get an Episode 4 MF; they're going to go for the Episode 7 MF.  That's what will be current in the average consumers minds.

Now, at a $60-$80 will emazers' lose money?  Of course not.  But, look at the unsaid advice he's giving folks - there's a reason why he only had 15 of the 50 he had left.

[iamolego]

I tried searching, but couldn't find the answer because of the flood on this topic recently.  What is the consensus on the box weight of a 7965? I had bought one off Craigslist for $65 a couple years ago and I was looking to dump it in the fire sale along with a 9493 X Wing I had bought at Target for 30% off.  I go to take pictures and notice the MF is missing one seal, but the other looks intact.  Brickset says weight is 2.28kg/5.02 lbs.  Mine weighs 2.25kg/4.95 lbs.  Should I just open the other seal to confirm contents before dealing with a potential eBay hassle or is this along this probably a valid weight? (Of course, my scale calibration could be off, that's a pretty small difference).  In the current climate do you see these moving for $300 free shipping together, or is it better to split them up?

I have a 3yr old son, I just don't see the point of sitting on this another 3 or 4 years.

[Val-E]

I would only put them in a pack if you are having trouble shifting the X wing. MF will sell easily on its own. If one seal is down then technically it is not factory sealed anymore so I suggest mentioning this in the ad to avoid claimbacks. Make sure to state that the content has been verified as the upside.

[Val-E]

​Collectors, yes.  The regular consumer....my own opinion is no.

Here's why.  I'm a collector, investor, and consumer.  I saved one 7965 for myself.  My thought has always been that my 3 year old son and my 7 year old daughter and I would build it together at some point.

But over the last six months, I've realized - A New Hope is *my* Star Wars.  I'm 42.  I was 4 when ANH premiered.  Episode 4 will always be *my* Star Wars.  It has a huge, special meaning to me.  But to my kids?  Not so much.  To my son, everything Star Wars is titled "Star Wars Rebels".  He just thinks that Star Wars is called that.  The Ghost is much more likely to be "his" ship than the Millennium Falcon ever will.

But even if that's not the case, for my son and daughter, Episode 7 will be the first time they see the MF on the big screen.  Those characters are going to be the first characters they see on the big screen.  So, if any MF is going to call to them, it will be the one from Episode 7.

What does that mean?  I'm guessing that if the average consumer, come September, goes onto eBay and see a Lego MF, and will go for the lower priced one.  They won't be looking to get an Episode 4 MF; they're going to go for the Episode 7 MF.  That's what will be current in the average consumers minds.

Now, at a $60-$80 will emazers' lose money?  Of course not.  But, look at the unsaid advice he's giving folks - there's a reason why he only had 15 of the 50 he had left.

​His advice was to hold "some" which is an indefinite number. Just as important was his recommendation to take a dump or get off the pot - things are not that complicated and it is not a perfect science, especially when we don`t know what the new one is like and how it will be received.

[jerryherb]

I tried searching, but couldn't find the answer because of the flood on this topic recently.  What is the consensus on the box weight of a 7965? I had bought one off Craigslist for $65 a couple years ago and I was looking to dump it in the fire sale along with a 9493 X Wing I had bought at Target for 30% off.  I go to take pictures and notice the MF is missing one seal, but the other looks intact.  Brickset says weight is 2.28kg/5.02 lbs.  Mine weighs 2.25kg/4.95 lbs.  Should I just open the other seal to confirm contents before dealing with a potential eBay hassle or is this along this probably a valid weight? (Of course, my scale calibration could be off, that's a pretty small difference).  In the current climate do you see these moving for $300 free shipping together, or is it better to split them up?

I have a 3yr old son, I just don't see the point of sitting on this another 3 or 4 years.

​i think youre good. if someone opened it to snag minifigs they would not just take one. if all of them were missing youre looking at at least 60 - 80 grams difference. this may be due to moisture content and your scale may not be 100% acurate. do you have another one to compare it to?

i think they were two different boxes too, one much glossier than the other. this may also play a role here

just weighed one, 2.255kg

Edited June 7, 2015 by jerryherb

[Alpinemaps]

\.

Edited June 7, 2015 by Alpinemaps

[river41]

Yes, but this type of set is buy-in price critical. Those of us who stocked up at 30-70% off or more just before it went poof (and there were a lot of us) have had very decent returns and super CAGR.

I can understand people who paid 70-80 USD preferring to unload now and those who paid more or RRP and above  (and were gently advised not to on this site). will just have to sit tight and ride it out.

 

​where were these sales of 30 -70 percent off i dont recall them and wonder where it was

[Bold-Arrow]

Target clearanced them in store.

tru had a bogo 50 plus cc plus gc

[Val-E]

​where were these sales of 30 -70 percent off i dont recall them and wonder where it was

​Before Xmas, many shops enter a price war (similar to the one happenng between resellers now) and they knock about 25% of RRP for many items thatfeature in their Xmas catalogues . If you are lucky, they sometimes then have a blanket promo such as 25% off starwars or BOGO on all toys to clear after Xmas and then you may be able to stack coupons on top of all that.

In 2015, discounts have become fewer and further between so it may be that this Xmas there won´t be anything as tasty on offer.