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Showing content with the highest reputation on 10/04/2013 in all areas
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It depends on your definition of "rich". There are always naysayers to claim that selling this or selling that online can't ... ... feed your family ... fund retirement or health care benefits ... make you comfortably off ... make you well off ... make you filthy freaking rich And then there are some entrepreneurs who ignore all that and go ahead and do it anyway. Sometimes, the people who write these things can't do it themselves so they assume no one else can, either. Sometimes, the people who write these things are trying to scare off the competition. All I have to say is, if you want to sell things for a living, including toys, including Lego, then figure out how to do it. No different than deciding you want to be a doctor or plumber or soldier - some will be good enough at what they choose to do well, some won't.3 points
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This is General Zod for sure. The only other one that looks like this is Faora, but her breast plate is considerably shorter. This Zod figure can be found in 76003 and 76009. Look for the value to go up when the Superman movie comes to DVD.2 points
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Superman sets out right now. Zod or a henchmen. http://www.bricklink.com/catalogItem.asp?M=sh0762 points
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I sell roughly $10k-$15k USD of lego sales on parted out lego sets / sealed sets. I started less than 4 months ago selling on ebay after cashed out all my funds from the stock market (due to the fact its stressful) and used my funds to buy lego inventory (lego is more steady I bet everyone here would agree hands down). So no you are wrong .. you can become a millionaire if you put the work into it.2 points
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Well, I am a ridiculous optimist. My husband says not only do I see the glass as half full, but I expect a waiter will be along any time to fill it up the rest of the way.2 points
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My thoughts are that the quote is about as accurate as it's going to get. Selling Lego does take a lot of time, money, and patience. That is why only the strongest survive in this game. While you don't have to truly love Lego to resell it, I feel the ones that do love Lego and have a passion for it will have a much better understanding and more drive, which will equate to more success over time.2 points
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Well, went to Costco Today and got 18 of the Transformers Titan Metroplex. I would of gotten more but no room in the car, since I got another Lego haunted House, GE, Batman Ayslum. But still will get 5 more. Now I don't seeing these selling for $500 anytime soon, but with a new movie next summer, Next Christmas these should do pretty good. So for $80 you should try and pick a few up. Ed2 points
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I know it's a small set, but do you guys think it has good potential if bought at 35% off? How high can this set be worth at its peak? Your guys thoughts.1 point
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Here is an interesting quote from a website 5 years ago that I agree with very much and wonder what some of your thoughts are. Albeit some on here have such large collections and sell mostly misb so it takes some less time than parting out a set but for the most part arent we all limited by time and space and will find it hard to make millions selling lego. I do make a good living from reselling but do not see a bright future personnaly in Lego no retirement other than my toy stock no benefits and little time off and an ever challenging and ebay marketplace are just some of the difficulties we face... "As someone who actually does buy and sell Legos on eBay and Bricklink, I can tell you this is not the way to become a millionaire. Sure, the economics look good on the surface. However, there are hidden costs the seller incurs. First, one must pay between 8 and 12 percent just in eBay and PayPal fees. There is also a certain time commitment in setting up a listing. Then -- even though the buyer usually pays for shipping -- the seller must spend time packaging and mailing whatever is sold. Plus, one must spend time -- usually a LOT of time -- acquiring inventory (whether by going to Toys R Us or -- more likely -- shopping on eBay). And in order to acquire inventory, one has to know the value of different sets and characters, which takes time to research and become familiar with (and, as one person has commented above, these prices can fluctuate drastically in a short period of time). One has to set aside space for inventory, and -- especially if one has a large collection -- organizing that inventory so that parts can be retrieved in a reasonable amount of time to fill an order. It's all about time, really. Not only does your time have an inherent value that you spend in the activity of selling, time restricts the net amount that you can actually sell. So, no one is getting rich off Legos. I buy and sell Legos because I enjoy the process of putting together sets I wouldn't otherwise be able to afford, and because I'm able to feed my habit by continually accumulating a personal stock from the leftovers of the profitable transactions. So, unless you truly love Lego, I'd not recommend this path for anyone, and I DEFINITELY would not quit my day job to pursue it." written 2008 by Brad Moon1 point
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Bottom line is that if you want a set, you better buy the set. Trying to figure out EOL dates and paying attention to the "Retiring Soon" moniker is a waste of time IMO. Most people never have a clue and even if they have the information directly from LEGO(which I have seen myself), there is always a window on the proposed EOL dates.1 point
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While we wait, I found an Android app a few weeks ago that pulls recent sales data from ebay. It's called "eValuator", and the free version seems to fit the need. Doesn't give you the investor-related data, but you can get median, +shipping, net, min/max by date for any item.1 point
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It's all relative. To me and my James Bond lifestyle, 100 million would not be enough.1 point
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I think some people do not understand that when I buy a set on discount inside EU (usually majority of sets see 25% discount) A set discounted for 25% inside European Union usually means it costs about 10-20% more than US retail (save a few exceptions) So when my fellow American LEGO investor is seeing 20% growth after 1 year I can say I will about to break even .... Those middle sets are just not worth buying at all... (Uruk-hai army 39.991 point
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This weekend my boys (6 & 4) will start putting together our Monster Fighter collection - we have everything except the mad scientist lab. Last year we put a sweet display in our front porch window for ourselves and for Halloween visitors. A little black light and some dry ice fog, and the display looks awesome. I'll try to get some pics when we're done. I scored a scarecrow from the current minifigure series, so we'll have to give him a prominent spot in the display - perhaps a small corn field to one side of the HH.1 point
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All I'm going to say is that if your adviser tells you to invest in Lego's, get a new adviser. Sad thing is, I am my adviser...1 point
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Don't wait for Lego to tell you then. Waiting to the last minute is probably not the wisest choice.1 point
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I may not know a lot, but I know this... I am now selling Legos full time, and it is EASILY the most fun and low-stress job I have ever had. I work in my pajamas when I feel the need, I never get stuck in rush hour traffic, I make money by deal-hunting, I never have to cover for or tolerate slacker co-workers, should I go on......? The problem that fuels this whole discucssion thread is that when people use the word "rich," everyone has very different ideas about what that means. Does "rich" mean you need to make six figures a year? If so, you will most likely never get rich selling Legos. Or does "rich" mean that you really enjoy what you are doing even in spite of the fact that sometimes you need to work long hours and deal with missing orders and answer questions about why the whole house seems to be made out of Legos these days...... I am never going to make millions selling Legos, and I am perfectly ok with that. I have been doing this since the end of January this year, and I am constantly finding better ways of selling, better ways to get deals, better ways to sort and organize, etc. I am extremely pleased with my results after only eight months of doing this, and I know it is only going to get better. My profits have been steadily improving, and I have lowered and/or eliminated a lot of different risks. I am on my way to becoming a "rich" man in the sense that I am not going to be stuck working a job I hate for the next thirty years. Life is just too short for that. I love what I am doing, and I have never had a job that I was so enthusiastic about and so willing to work long, tireless hours on. All my efforts pay off because I work hard enough to make them pay off. I don't have some idiot boss who's head is too far up his (expletive deleted) to realize that I am a great worker with unlimited potential and that maybe I deserve a raise and a promotion one of these years. So to all of you who spend far too much time pondering whether selling Legos is "worth" it or not... It is worth it if you decide you want it to be. You can make this whatever you want it to be. You decide what scale you want to do it on, what you want your level of involvement to be. I agree with what a lot of people here have said before me. The naysayers are the ones who didn't figure it out, or didn't stick with it long enough, or are just too negative or scared to put all their efforts into an unconventional business idea. You can do this. Whoever you are, wherever you are. Where there's a will, there's a way.1 point
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6 x 4529 Ultrabuild Iron Man - $16.99 each. Paid retail at a small drug store. I have seen these on the shelf for months there, only recently saw someone mention the value in a thread here. Didn't realize they are climbing quickly past $40. Should be a good Christmas item.1 point
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I was going to be filthy rich selling LEGO until the secondary sellers market went up by thousands. Now I'm only gonna be stinkin rich.1 point
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There is so much money out there. All you need to do is figure out how to grab it. I started selling lesson plans to teachers online last year. I won't make more than 5k doing it this year, but next year I should double that. And the thing that got me started... I read several articles about teachers who made more than 500k a year doing the same thing. Having a good product and finding out how to sell it are the only two factors important in the formula of getting rich by selling things online. That being said, one either has the perseverance to keep working at it and make it, or they don't and say it's an impossible to do.1 point
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I bought some of mine from Five Below.1 point
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I have picked up a few cases on Bricklink.1 point
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Chowren toys sells sealed cases on their website.1 point
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Thanks for asking that question - I have been meaning to ask, if the Simpsons CMF Series leaks/rumors end up true.1 point
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Yup, local retailers sell them by the box if you ask.1 point
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Check your Toys R Us. Usually they have cases, and can probably ask a staff member to take out an unopened one for you. I have also seen them at my walmart.1 point
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It's not scary, and eBay has no interest at all in getting rid of small sellers. Individually, we're a dime a dozen, but collectively, we are eBay's bread and butter. eBay will not restrict the secondary market on anything that it is permitted under the law to resell, including Lego.1 point
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Today there will be an unopened haunted house sitting on the kitchen table for my kids to put together after school. With Halloween coming up I thought this would make a great display piece in the living room. Then we can get it out every October for years to come and display it proudly.1 point
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The Shelob is actually pretty good. I like the string with the hook. The why it's built gives it a nice tension so that you can hold Shelob by the string or hang it somewhere. Samwise will likely carry the value of this set just like he carried Frodo up Mount Doom!1 point
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There is a lot of people that don't have this set for investment, and also a lot that don't rate it. Thats two pluses in my book as the supply is limited in the future. Found some at a local toy shop at 50% off so got the last 2 for1 point