10218 - Pet Shop

[biking_tiger]

The real question... why did they sit on them so long? 

[KvHulk]

A solid question considering their website said "Check availability in August" the entire time.

 

To mess with everyone's minds?

[ZULU]

It's like looking at the sea and wonder when the waves will stop rolling

PS...

 

rzzz rzzzz

[Nick83]

297S06 seen in Lego Store.

[Brian Briggs]

4 hours ago, Nick83 said:

297S06 seen in Lego Store.

I hope you're joking. That would be a nightmare for investors.

[wolfenn]

4 hours ago, Nick83 said:

297S06 seen in Lego Store.

what does that mean ?

[tezakhiago]

1 minute ago, wolfenn said:

what does that mean ?

I think it means that his 10218 was produced between July 18th and 24th 2016. People had been thinking that the last production run for this set was at the end of 2015.

[Nick83]

29S06 not 297S06

[fossilrock]

This set was knocked back into "Temporary Out of Stock" status from today's 2xVIP.  Considering this set just came back a month ago on lego LEGO Shop at Home and was bounced back quickly, I think we have our first official retirement dance member.  It will probably come back again, but I'd be shocked if these are around much longer.

Great set, but overly hoarded....

[Deadfraggle]

34 minutes ago, fossilrock said:

This set was knocked back into "Temporary Out of Stock" status from today's 2xVIP.  Considering this set just came back a month ago on lego LEGO Shop at Home and was bounced back quickly, I think we have our first official retirement dance member.  It will probably come back again, but I'd be shocked if these are around much longer.

Great set, but overly hoarded....

I don't hoard much of anything, and even I have 4 of these........just saying

[fossilrock]

3 minutes ago, Deadfraggle said:

I don't hoard much of anything, and even I have 4 of these........just saying

It's a great set.  Heck, all the modulars are great...and I think even if it sits at 250 resellers right now on amazon, it will do well over time. 

[Deadfraggle]

7 minutes ago, fossilrock said:

It's a great set.  Heck, all the modulars are great...and I think even if it sits at 250 resellers right now on amazon, it will do well over time. 

One of my favorite for sure!

[KvHulk]

" We're sorry that this set is not available. Please check back in August for product availability. "

 

I'm surprised it was available for this long. The last 3 times they made it available it was "Temporarily out of stock" within hours.

[wolfenn]

i wasn't going to invest in this one due to it being too saturated, but i got a deal for 130 euros at a store  . Do you reckon it might be worth it ?

[bricklues]

i wasn't going to invest in this one due to it being too saturated, but i got a deal for 130 euros at a store  . Do you reckon it might be worth it ?

You will probably get your money back and even make some, but the question is how long will it take (due to the market saturation). Just my thoughts.

[wolfenn]

would double the price in 3-4  years be a realistic expectation ?

[Rodeogeorge]

1 hour ago, wolfenn said:

i wasn't going to invest in this one due to it being too saturated, but i got a deal for 130 euros at a store  . Do you reckon it might be worth it ?

The Pet Shop is an excellent set.  Every collection should have one.

[Val-E]

8 hours ago, wolfenn said:

would double the price in 3-4  years be a realistic expectation ?

Take a look at the price evolution of 10197 FB and10211 GE, consider how long each set was out for and how many investors/buyers were in the market  and you will probably be able to draw your own conclusions.

[ED-209]

3 hours ago, Val-E said:

Take a look at the price evolution of 10197 FB and10211 GE, consider how long each set was out for and how many investors/buyers were in the market  and you will probably be able to draw your own conclusions.

And don't forget to consider how many more players have entered the market since these ones retired.

[HandyHand]

On 13/08/2016 at 6:24 AM, wolfenn said:

i wasn't going to invest in this one due to it being too saturated, but i got a deal for 130 euros at a store  . Do you reckon it might be worth it ?

I wouldn't hesitate to buy at least one set for €130! Whether it will double in value after three/four years remains to be seen...

I remember though last year around October when Pet Shop went out if stock everywhere and rumours were flying high that it was really getting retired, that prices at second hand selling sites went up immediately. Despite it being hoarded for years, after people think it's done, there are always more who regret not buying it when they could. So I'm not worried you can't make a profit on it, when you buy below RRP.

[Ciglione]

24 minutes ago, Haay said:

I wouldn't hesitate to buy at least one set for €130! Whether it will double in value after three/four years remains to be seen...

I remember though last year around October when Pet Shop went out if stock everywhere and rumours were flying high that it was really getting retired, that prices at second hand selling sites went up immediately. Despite it being hoarded for years, after people think it's done, there are always more who regret not buying it when they could. So I'm not worried you can't make a profit on it, when you buy below RRP.

Do not mix-up asking prices with real sold prices. When a set (especially exclusives) is rumoured to be retired people jack up the prices. But that does not mean it sells for that price. I think with PS it takes a long time before it makes some real money. I am sitting at 7 of these and regret buying them. It has just taken too long for the dang thing to retire. Last year would have been too late already.

[fossilrock]

1 hour ago, Ciglione said:

Do not mix-up asking prices with real sold prices. When a set (especially exclusives) is rumoured to be retired people jack up the prices. But that does not mean it sells for that price. I think with PS it takes a long time before it makes some real money. I am sitting at 7 of these and regret buying them. It has just taken too long for the dang thing to retire. Last year would have been too late already.

This is where I find trading as a decent option if you do get stuck with something that you feel you may have overbought and prices stagnate.  There is no reason to think that you wont be able to have a decent asset in the Pet Shop that can be used as a decent set for trading.  I wouldn't worry in that regard.  Where I would have a little concern is making 2x within a few years.  

[cdenmier]

That's weird...even though this is still available at LEGO Shop at Home, Amazon is out and briefly listed it as "LEGO Creator Pet Shop 10218 - Discontinued by manufacturer."

I don't think I've ever seen them put that in the title (even though it doesn't show up as that anymore).

[kris_1973]

I don't know why so many people dislike this set (I can understand investors but not collectors) - it's versatile due to the split build and can be built in mirror form, increasing the visual impact in a display.

[jaxman]

5 minutes ago, cdenmier said:

That's weird...even though this is still available at LEGO Shop at Home, Amazon is out and briefly listed it as "LEGO Creator Pet Shop 10218 - Discontinued by manufacturer."

I don't think I've ever seen them put that in the title (even though it doesn't show up as that anymore).

I noticed that "Discontinued by manufacturer" on a couple of my Amazon listings today....  UN Headquarters, Fallingwater, Camper Van, R2-D2 (all of which are retired sets)