siulon Posted July 10, 2014 Share Posted July 10, 2014 Let us know the seal codes, once you get them.. thanks! what's the seal codes that everyone started talking about? what are they? what do they do? why are they important? Quote Link to comment Share on other sites More sharing options...
holleman67 Posted July 10, 2014 Share Posted July 10, 2014 what's the seal codes that everyone started talking about? what are they? what do they do? why are they important? Search for the "assumed product codes" thread Quote Link to comment Share on other sites More sharing options...
No More Monkeys Posted July 11, 2014 Share Posted July 11, 2014 GE was at call to check for availability for a few minutes, before switching to sold out. Maybe the madness with switching between ship date and sold out now stops? Quote Link to comment Share on other sites More sharing options...
gorbasho Posted July 11, 2014 Share Posted July 11, 2014 Back to call to check availability Quote Link to comment Share on other sites More sharing options...
No More Monkeys Posted July 11, 2014 Share Posted July 11, 2014 Back to call to check availability Maybe this is The Sign? Quote Link to comment Share on other sites More sharing options...
DoNotInsertIntoMouth Posted July 11, 2014 Share Posted July 11, 2014 GE was at call to check for availability for a few minutes, before switching to sold out. Maybe the madness with switching between ship date and sold out now stops? Maybe this is The Sign? I think this is just wishful thinking man. lol. I feel like its going to do this until Christmas. Quote Link to comment Share on other sites More sharing options...
Darth_Raichu Posted July 11, 2014 Share Posted July 11, 2014 Maybe this is The Sign? Instead of the obligatory Ace of Base video: Here's Your Sign http://www.youtube.com/watch?v=5VuN4P7897k Quote Link to comment Share on other sites More sharing options...
legomark3 Posted July 11, 2014 Share Posted July 11, 2014 2 days ago I ordered (2) with a ship date of July 23rd.......just got an e-mail saying that my order has shipped! Wow........... Me too I got excited until I fully read the email and saw it was just for the shredder Quote Link to comment Share on other sites More sharing options...
33Lego Posted July 11, 2014 Share Posted July 11, 2014 GE was at call to check for availability for a few minutes, before switching to sold out. Maybe the madness with switching between ship date and sold out now stops? Maybe, maybe it is that the guy at LEGO HQ toggling the status for fun. Oh, and maybe he is one of the board members. Quote Link to comment Share on other sites More sharing options...
teruhata Posted July 11, 2014 Share Posted July 11, 2014 it's up again, expected ship date 25 Jul Quote Link to comment Share on other sites More sharing options...
jaisonline Posted July 11, 2014 Share Posted July 11, 2014 If history is an indicator (e.g. fire brigade), this set will be around for another couple of months (even for short appearances each time). I can't wait to start reading about some seal codes. To me, the 10211 stock is just low currently since Lego didn't anticipate the extra high demand. This set also was always sorta popular and is just selling better than the fire brigade did last summer (due to EOL speculation). This also isn't like the 10227 b-wing when production volumes seemed generally low through the entire retail life due to demand (until May 4, 2013 and still took months of steep discounting to finally sell-out everywhere online). People are buying 10211 and Lego knows that. It also wouldn't surprise me if this set appears in the Fall or even Holiday Catalog for one last curtain call Additionally, Lego is still "allowing " up to 5 units per order although it's still backordered. More 10211s are coming and coming, Quote Link to comment Share on other sites More sharing options...
Jules_K Posted July 11, 2014 Share Posted July 11, 2014 At Lego LEGO Shop at Home in Australia the item is now showing 'In Stock'... Quote Link to comment Share on other sites More sharing options...
No More Monkeys Posted July 11, 2014 Share Posted July 11, 2014 At Lego LEGO Shop at Home in Australia the item is now showing 'In Stock'... It is at "Available Now" everywhere except USA (where it is at July 25th ship date). I wonder if USA is indeed getting some European stock redirected. I guess we will see once backorders start flowing... Quote Link to comment Share on other sites More sharing options...
DoNotInsertIntoMouth Posted July 11, 2014 Share Posted July 11, 2014 If history is an indicator (e.***. fire brigade), this set will be around for another couple of months (even for short appearances each time). I can't wait to start reading about some seal codes. To me, the 10211 stock is just low currently since Lego didn't anticipate the extra high demand. This set also was always sorta popular and is just selling better than the fire brigade did last summer (due to EOL speculation). This also isn't like the 10227 b-wing when production volumes seemed generally low through the entire retail life due to demand (until May 4, 2013 and still took months of steep discounting to finally sell-out everywhere online). People are buying 10211 and Lego knows that. It also wouldn't surprise me if this set appears in the Fall or even Holiday Catalog for one last curtain call Additionally, Lego is still "allowing " up to 5 units per order although it's still backordered. More 10211s are coming and coming, Would it be ironic if we start keeping sets around longer because we jump on them so quick that Lego decides "hmm, maybe we shouldn't retire this?" 1 Quote Link to comment Share on other sites More sharing options...
No More Monkeys Posted July 11, 2014 Share Posted July 11, 2014 Would it be ironic if we start keeping sets around longer because we jump on them so quick that Lego decides "hmm, maybe we shouldn't retire this?" Well, they did retire fire brigade and orc forge, eventually... so here is to hoping... Quote Link to comment Share on other sites More sharing options...
neocacher Posted July 11, 2014 Share Posted July 11, 2014 Would it be ironic if we start keeping sets around longer because we jump on them so quick that Lego decides "hmm, maybe we shouldn't retire this?" Their may be too many new investors (me included) jumping on the band wagon creating large latent inventories; like you said, maybe we are buying too early. Could be an early sign that potential profits/time lag to retire are about to decrease and increase. Maybe it is best to start treading lightly??? Just a thought, and don't slam me for it if you don't agree. Quote Link to comment Share on other sites More sharing options...
JRandall Posted July 11, 2014 Share Posted July 11, 2014 Their may be too many new investors (me included) jumping on the band wagon creating large latent inventories; like you said, maybe we are buying too early. Could be an early sign that potential profits/time lag to retire are about to decrease and increase. Maybe it is best to start treading lightly??? Just a thought, and don't slam me for it if you don't agree. Of course there are tons, and there are also people buying dozens of sets who will crack within 12 months and sell off their inventory for whatever reason, but either way the demand for the Modular sets will always be there because you can create an iconic town which will always be interesting to a Lego fan. 1 Quote Link to comment Share on other sites More sharing options...
DoNotInsertIntoMouth Posted July 11, 2014 Share Posted July 11, 2014 Their may be too many new investors (me included) jumping on the band wagon creating large latent inventories; like you said, maybe we are buying too early. Could be an early sign that potential profits/time lag to retire are about to decrease and increase. Maybe it is best to start treading lightly??? Just a thought, and don't slam me for it if you don't agree. I go back and forth on that all the time. I kind of don't love going after every set everyone is going after. On the other hand, I think there is still money to be made. But the people claiming the Fire Brigade or the Grand Emporium are going to get to 800$ is just lunacy. Its not that way anymore. I mean, everyone wants to talk about the FB almost doubling already - but actually it was out of stock and had climbed in the same way GE has right now last year. So the panic buying got it to about $220 - where is it now? $270ish. Not a huge jump. It will grow. But not anywhere near the amount even the Green Grocer did. its just a different ballgame now. 1 Quote Link to comment Share on other sites More sharing options...
JRandall Posted July 11, 2014 Share Posted July 11, 2014 I go back and forth on that all the time. I kind of don't love going after every set everyone is going after. On the other hand, I think there is still money to be made. But the people claiming the Fire Brigade or the Grand Emporium are going to get to 800$ is just lunacy. Its not that way anymore. I mean, everyone wants to talk about the FB almost doubling already - but actually it was out of stock and had climbed in the same way GE has right now last year. So the panic buying got it to about $220 - where is it now? $270ish. Not a huge jump. It will grow. But not anywhere near the amount even the Green Grocer did. its just a different ballgame now. Yeah, I think it's naive for people to think these sets will reach $500+ anymore other than larger UCS sets, but making a 30% return for 3-4 years if a person holds their stock is far better than the market. A 100% return after all costs within 2-3 years is great, but thinking a $150 set is going to turn into $500 is probably impossible with the number of investors and supply that Lego is producing now, not to mention the fact they are creating several new models in each Theme. People only have so much money to spend and if the Pet Shop or Cinema is much more appealing to the eye for them they won't spend $400 on the FB when they can buy 2-3 newer more appealing sets. The fact people are still flipping sets for $20 profit after 2-3 hours of work to pack and ship is rediculous also. Quote Link to comment Share on other sites More sharing options...
Crustybeaver Posted July 11, 2014 Share Posted July 11, 2014 Grand Emporium is no longer listed on the John Lewis website Quote Link to comment Share on other sites More sharing options...
Ciglione Posted July 11, 2014 Share Posted July 11, 2014 I agree... it will be almost impossible to make such profits like with cafe corner and so on. There is still profit to be made on these sets but I think timing is the key. Sell not too soon and not too late. It seems like lego is making the "exclusives" a mass-product. Which is not beneficial for us and not beneficial for lego I believe. Yesterday I was reorganizing all of my inventory to prepare for the move to the new house and I got a strange feeling that this might become my waterloo. Dunno why. I will overthink my investing strategy for the future. I will try to sell the "duds" asap and invest differently. Quote Link to comment Share on other sites More sharing options...
asharerin Posted July 11, 2014 Share Posted July 11, 2014 Yeah, I think it's naive for people to think these sets will reach $500+ anymore other than larger UCS sets, but making a 30% return for 3-4 years if a person holds their stock is far better than the market. The market offers far better results than that. The CAGR for the Dow Jones for the past 5 years is 15.69%. Not too many lego sets offer that kind of return. There is also alot less risk and work when buying and selling the Dow compared to reselling lego sets. The simple fact is out of the hundreds of sets TLG makes every year only a handful will beat the market. If you don't choose those 4-5 sets correctly you are doing yourself a huge disservice. And if you are going to pay yourself or employees an actual wage to list, pack and do customer service then even those 4-5 good sets won't beat the market consistently. This is a great hobby, a mediocre business, and a poor investment. I understand nobody on these boards wants to hear that but there are way too many rose colored glasses around here. 1 Quote Link to comment Share on other sites More sharing options...
waddamon Posted July 11, 2014 Share Posted July 11, 2014 The market offers far better results than that. The CAGR for the Dow Jones for the past 5 years is 15.69%. Not too many lego sets offer that kind of return. There is also alot less risk and work when buying and selling the Dow compared to reselling lego sets. The simple fact is out of the hundreds of sets TLG makes every year only a handful will beat the market. If you don't choose those 4-5 sets correctly you are doing yourself a huge disservice. And if you are going to pay yourself or employees an actual wage to list, pack and do customer service then even those 4-5 good sets won't beat the market consistently. This is a great hobby, a mediocre business, and a poor investment. I understand nobody on these boards wants to hear that but there are way too many rose colored glasses around here. Here we go again. Add 1 more year to your Dow Jones or S&P average ROR and let me know how your rate of return was? I know of not one investor that started at a cash position (not lost and then sold out) at the market bottoms of 2009 and rode the wave up to today. That is a biased skewed rear view look which is completely inaccurate for measuring TROR. A better measure would be those sets that retired in 2008 measured against the dow or s&p until today. LEGO wins hands down and blows it out of the water when you account for risk or (on a risk adjusted basis). 2 Quote Link to comment Share on other sites More sharing options...
exciter1 Posted July 11, 2014 Share Posted July 11, 2014 Here we go again. Add 1 more year to your Dow Jones or S&P average ROR and let me know how your rate of return was? I know of not one investor that started at a cash position (not lost and then sold out) at the market bottoms of 2009 and rode the wave up to today. That is a biased skewed rear view look which is completely inaccurate for measuring TROR. A better measure would be those sets that retired in 2008 measured against the dow or s&p until today. LEGO wins hands down and blows it out of the water when you account for risk or (on a risk adjusted basis). Same with the stock market, it only wins when you sell. Quote Link to comment Share on other sites More sharing options...
Bold-Arrow Posted July 11, 2014 Share Posted July 11, 2014 Can we stick to the topic plz. Every thread is spiraling out of context as of late. 1 Quote Link to comment Share on other sites More sharing options...
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