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Showing content with the highest reputation on 10/15/2013 in all areas
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With all due respect, I think the line you are drawing to distinguish between "good" and "bad" Lego sellers is rather arbitrary and self serving. Everyone is here for their own reasons. At the end of the day we all do the same thing -- we buy Lego sets as cheaply as possible and then sell them for more money. You can be driven by a life long love of Lego, but explain to me how that makes you a more worthy reseller than the single mom who knows litttle about Lego but stumbled upon a way to help defray the cost of her kids braces? To the extent we need to draw any lines in order to distance ourselves from the "undesirables," the barometer I prefer to use is INTEGRITY. I don't care what someone's reasons are for partaking in this secondary market. Anyone who conducts themselves with integrity while both acquiring and selling inventory, to me at least, is a "good" reseller.7 points
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I just want to clarify my point. People have every right to make money the best way it suits them, as long as it's legit and honest. All are welcome to use our site. I know some think of LEGO bricks as a commodity, but it is my wish that people who use our site have an appreciation of LEGO bricks and have at least built a set or two. It might be a bit unrealistic or illogical viewpoint, but I believe the long term success of this site and LEGO investing depends on people being fans of the little plastic bricks, not just resellers of them.4 points
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You're splitting hairs. Lego's clear statements on the limited edition nature of this set is the same thing as a promise. They would suffer the same repercussions from producing more than 20,000 whether they issued your "promise" or marketed the set as they have to date. It's time to give the "they're producing more than 20,000 sets" argument a rest. There's simply no basis for it. Could they? Sure, they can do anything they want. But will they? No, because there's already another 4x4 Crawler on the market! Adding a third would be ridiculous, upset a lot of Lego fans, and have potentially devastating effects on their brand. All to produce more of a set that's popular in large part BECAUSE of it's exclusivity? That's absurd.2 points
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Thanks, but havent you heard? TLG is making, like, a bajillion 41999s and then fibbing about it being sold out. I think I should return it or else the universe will collapse or something.2 points
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For retired sets with inflated prices, i'll buy used. For current sets I need a pretty decent discount to make me wanna sort through used parts. $50 for those two sets definitely qualifies. Nice find!2 points
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We are trying to have a deep conversation and you gotta be all cheerful. Man. Lol2 points
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I recently got a deal where I bought a complete Jabba's Palace and Rancor set for $50. Sometimes I'm relieved when I get a good deal on loose sets that I want to build. Knowing that I don't have to open a sealed set that might be a good money maker down the road is a great feeling and I'm not sure why.1 point
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I missed it...... well there are over 20,000 ,I'll get another one later..... hahahha1 point
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Ba boom tish. To be fair there is a s in the end. http://www.morrisons.co.uk/. Ooooo cheap fish fingers. :)1 point
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While you all are fighting over numbers, I am buying and flipping. The only number that matters is: Cha Ching!!!!!1 point
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Agreed - Lego is not going to risk their reputation based to make a relatively small amount of money. Another release of 20,000 @ $200 would gross $4M. This from a company that made a profit of over $1B? No way. Let's try to put some more numbers to the discussion: Total sets - 20,000 Estimated # of sets released before yesterday's next wave: 10,000 Total sold on eBay, September: 421 Total sold on eBay, August: 388 Total sold on Bricklink: 208 Total sold eBay/Bricklink: 1,017 This doesn't account for Craigslist or Kijiji sales, but I wouldn't put these at any meaningful volume. I have seen anecdotally that Chicago's CL may have sold 1 or 2 since its release, so perhaps we can conservatively assume 83 sold on CL/K/other outlets to even out a grand total of 1,100 flips, or 11% of the total current sales. You mentioned that eBay and BL shows roughly 250 sets currently for sale. That brings the total flipper quantity to 1,350 sets, still only 13.5% of quantity sold. To me, that's not a lot. If Lego has only released 5,000 to date, the total flip purchase % increases to 27%. This is not an inconsequential number, but still not an overwhelming majority. If they've released 15,000 already, you're only looking at 6.75% of total current sales, an even less significant number. My guess is the overwhelming majority of these have gone to Technic fans that knew they would have to jump on this set fast in order to ensure they didn't have to pay way above retail for a once-in-a-lifetime Technic set. My guess is that most of the "unflipped" sets etiher have been or will be opened. I would guess that once it goes officially EOL on Lego.com, you will see the price begin to creep up further, but as Ed said there are some potential caps on Technic sets. First, while a popular theme, Technic has never been a "blow the doors off" theme, and the post-retirement market for Technic sets isn't nearly the same size as the Star Wars/UCS market (as an example). That will likely cap returns. Also, Power Function sets can be intimidating to a group of Lego fans, so again your market will be smaller still. I'll leave you with this thought: if yesterday's wave is the last release of the 20,000 (let's say 15,000 had been released previously and 5,000 are being released now), and we extrapolate the current numbers with current percentages, you're looking at a total "flip" quantity of 1,800 of the 20,000 released. That means 18,200 are either being held for "investment" or opened. While some of the 1,800 will also be sold for investment, we're still talking about a fairly small percentage of the 20,000 total.1 point
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If they do it properly (ie if it looks like the proper size to chase the UCS Falcon) then it would have to be around 2,500-3,000 pieces I would think. I will be all over this if/when it comes.1 point
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There are a couple angles here... One...People heard the rumors of more sets becoming available so they waited to buy. As you can see, the rumors were true. More are available. These sets will rise nicely after all the hub-bub of LEGO releasing more sets is over with. Two...It is a Technic set. It is a kick butt Technic set, but it is still a Technic set. Some people love them...some don't. There is a whole faction of fans that just don't care for Technic, so the demand might not be as strong as with non-Technic sets.1 point
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Agreed....the only thing in play here is that Lego did not release all 20,000 at one time. All the conspiracy theorists should just pipe down.1 point
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Sauromosis, Orc forge would fit in the same shipping box as the dynamic duo funhouse escape1 point
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I would not regret because I can open the set and enjoy building it.1 point
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Good Gawd are we still talking about that? Might might might might. Might the sun won't come up tomorrow, I bet we'd all regret buying crawlers then, wouldn't we?1 point
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Hopefully they'll get picked up by someone that genuinely wants to own one of these for them self. Nothing wrong with that.1 point
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All the time. The most previous lot I purchased had a Medieval Market Village and Mill Village Raid in amazing shape. Now I can sell my sealed versions without worrying about missing out on building them from a sealed box. I love scenarios like the one you have pictured here, saves mucho money and clears a lot of guilt on your conscience opening that sacred sealed box.1 point
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Send in friends and family, heck, hire an illegal alien -- just get em.1 point
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I just picked up one at the Lego shop at Glendale mall. There are 3 left out on the self.1 point
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I personally don't understand it when you are talking about small differences in price. As a seller, the rare times I use Best Offer is when I sell a very expensive item and can live with accepting $ 50 or so less than what I listed it for. What's more, I usually list them at a higher price than I would if not offering Best Offer. For example, if you list an item for $100 and you get an offer for $90 and still decline, then why would you even add the option? Just list it as a $100 BIN. When someone list an item for $100 expecting someone to offer him $98 or more...I just don't understand it.1 point
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Sorry, I wasn't meaning to respond directly to you. My point was more in general. Now get some rest and make sure you are drinking plenty of fluids!1 point
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^ Not that you can actually lose any reputation... LOL Gonna check the mail now...Let's hope for the best!1 point
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I am about 5 hours away from Chicago. Do you have a link for this posting on CL? Thanks for replying with this information.1 point
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I am also probably in this category. There are some people who do not love Lego sets, like those people who have sets graded so that they can make more money.1 point
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I think I fit in this category. I have more sets to build or built than I have sold or are holding to sell. I am not a fan of the people who don't understand or love Legos - those are probably the ones on Ebay with Death Stars listed at $800.1 point
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I think we should be looking at both sides of the coin on this one. TOK already gave some great reasons why there shouldn't be a deadline - Would be a shame to see an amazing project kicked off the CUUSOO site because it didn't get enough supports in a certain amount of time. On the flipside, there are some builds on CUUSOO that are simply trash, and poorly constructed. Maybe if your build doesn't get 50 supports in the first 2 months then it is kicked? Seems like a pretty generous amount of time to get 50 supporters. Even then, if the creator and his supporters don't go around spreading the word about the project, some great builds could end up in the interweb, floating around somewhere, just waiting... My guess is that the CUUSOO team took this into consideration but they came up with enough advantages of not making deadlines for CUUSOO's that they came out with what they have now. It wouldn't be quite like LEGO to not think it through, especially on something as customer-oriented as CUUSOO projects.1 point
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Keep in mind with anything you spend money on, you're incurring an Opportunity Cost. Spend $300 on Fire Brigades, you no longer have that $300 to spend on something else. I agree that all the modulars will continue to be worth much more than their original price at SOME point after they retire because they make up an irresistible "set". But a $150 set that's worth $300 two years after retirement is completely different, opportunity cost wise, than a $150 set that's worth $300 four years after retirement. Or six years. Etc. I have no idea at all how FB will perform immediately after or soon after or way way after retirement, but opportunity cost is something I try to take into account any time I spend money, investing and otherwise1 point
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We have these promos in Canada as well, I believe the same dates. The first one is available on Oct 14. If I remember correctly, our minimum purchase is $99 too.1 point
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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.1 point
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this^ and this^ On topic .. my Toys R US Canada order for a couple crawlers is still on "back order." I sent them a really nasty email yesterday... usually they respond pretty quickly but I haven't heard anything from them. I am perfectly aware the order will probably never be fulfilled, but then I'm playing the I want something for my troubles card.1 point
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