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Showing content with the highest reputation on 10/24/2013 in all areas
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Lol i thought this thread was gonna be something weird like i made my pink lego bricks into boobs4 points
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I just looked at the Price Guide page for the 8129 AT-AT Walker, and the set is literally, all over the place in terms of growth. Up $50, then down $30, then up $40. LOL, I understand why you might be a tad confused. When data is hard to read, like in this case, I like to look at the "Performance Over Time", which is located right below the pricing and quantity sold charts, as seen below: As you can see, this set is up 1.33% in the last 6 months, up 28.84% in the last year, and up 123.03% in the last 2 years, where majority of the growth has happened. Typically, I don't really look at increased in the last 2 years, on a set that has so recently retired, as a set probably had an initial growth period, directly following retirement, and is for short-term investors. Instead, we should look at slightly newer data, for the last 1 year. This gives us a better idea of how the set might perform now. After the initial growth, most sets slow down, and some even fall in value, so its important to know the time period that you are looking at. Another way for you to determine how a set may be doing in the next year, is by going to the CAGR percentage, which is located at the top of the Price Guide page, as seen below: The CAGR, or Compound Annual Growth Rate is . If you have more questions, you can read one, or more, of the many blog articles on it in the Blogs Section. Here's a quote from one of the articles that Ed Mack wrote on CAGR... So, since the CAGR percentage of the 8129 AT-AT Walker is still relatively high, at 32.03%, this set has time to grow, and could likely break the $300 mark by Summer 2014. Once the percentage weigns to the single digits, I think it is a safe time to sell, as you probably can't look for that much more positive change in the value of the set. Hope this helped!3 points
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Now TLG can release another 20,000 that number from 20,001 to 40,000 but are extra special because they also include this mini version.2 points
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I used to be a mint box snob. So when I found 10 copies of Queen Anne's Revenge for $90 each I only picked 6 in mint boxes and left the ones with dents and shelf wears behind. I should have picked those 4 and sold them deboxed Guess who's not a snob anymore2 points
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So, this is partially inspired by DNIIM from another thread, basically targeting out biggest screwups and regrets in buying, not buying and selling. Buying Oh those early years. I was collecting the Toy Story Lego sets for my son, when it came down to needing the Garbage Truck set to complete it. I had already forked out significant dollars for the collection, though had been purchased the sets at some discount (only later for them to be heavily discounted). Well I saw the Garbage Truck set on a site called Fishpond for $99 (free shipping) and the set had proven to be elusive due to it's exclusive release. In the end I ordered it, then the wait began.... and continued. 9 weeks later, it hasn't been shipped and then I found one on ebay for $85 delivered so snapped it up. The day my ebay item shipped, Fishpond shipped theirs. So all these years on I still have a Garbage Truck sitting there which I paid full retail for. I leave the sealed copy in the middle of my stash to continue mocking me and remind me of that lesson. I have Cars 2 sets do the same, but since I picked them up for $25 a pop and can sell them at profit, they do not count as much. Not Buying It is easy to sit back and point to the Green Grocer, UCS Falcons, etc. But I am probably aiming more for those sets you saw heavily discounted and wanted that little bit cheaper (greed I know!) As I was getting into reselling, I noticed the clearances going on locally. One set that got my attention was the 7888 Batman The Tumbler: Joker's Ice Cream Surprise set. It was down to $25, 4 on the shelf. I was more interested in Star Wars and besides, who would spend a fortune on Batman? I went home and forgot about it, before looking the set up on ebay a week later and realising the prices were solid. A quick check found the line had been discontinued. I raced back.... all gone. A couple of weeks before I had been researching the Batmobile UCS and was watching the sets sell for $20-30, and kept thinking that with the freight over here it would be too expensive to buy (wayyyyy before my budget blowouts these days!) Selling Ahhh yes some harsh lessons learnt here. I am not going to pick out UCS ISD, DS2 or Market Street as I sold them for significant profit. Sure they are worth a lot more now, but I have learnt as I went on. Just before Christmas last year I sold off my damaged Black Pearl sets for $150. Very silly, but I thought they would still be around. Same with the 8109 Flatbed Truck sets. The Christmas before was the Technic Mobile Crane, sold them off at retail for a small profit only for them to go EOL not long after and see a nice jump. So yes, as buyers/collectors/resellers/investors we can't win on everything. Share your stories.1 point
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Another run in with the mass robin hood....I won this "battle" though. Emailed about a mixed lot for $50....that I would take it. Guy called me 2 hours later asking if I was a flipper?! I played dumb..and said I didn't know what he meant. He said he was emailed from 2 different people advising him to charge more...and beware lego flippers who don't even have kids buying legos to sell for profit. I asked him if the others wanted to buy them...and he said yes...one offered 80 instead of 50. I told him that I thought we had a deal at 50....but if he was going to break his word for $30...I wasn't interested...then he blah blahd about how he didn't mean to offend me...blah blah....and to come on over and get them for $50. Got there...showed him my car seat..and pics of my son playing legos on my phone....Nice guy...he said he was touched and sorry he accused me of things...and told me 40 was plenty and threw in some megablocks he found. My inner immature bad willy red devil on right shoulder suggested I tell him to stuff his megablocks since I couldn't get chit for them on eBay anyways..and pull out of his driveway sideways with squeeling tires laughing hysterically out the window...but I thanked him, gave him 50...and left quietly. And threw the megablocks in the recycling bin when I got home. Decent lot ......I think...no instructions though...not sure what all Is there...pics to follow in the help section.1 point
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TLG: "No...it goes against our licensing agreement with Star Wars. We understand your concern, and if you have any future questions, please don't hesitate to contact LEGO Customer Services."1 point
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I don't "dabble" in Lego - I'm a serious fan. But my investment Brickfolio is only about 10-15% of my total collection. The rest is for me, er, my kids. Yeah, it's for my kids, right.1 point
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Don't for a minute think mine is any better. I probably see one DECENT deal per month lol. It had been a while since I had actually gotten something off CL.1 point
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Nobody needs to worry about TLG undercutting themselves and/or going out of business anytime soon. However, if they did go out of business there would still be a huge fan base and I would expect sets to be even more valuable as you would never be able to get a brand new set again anywhere else than from the secondary market.1 point
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You will NOT see LEGO drastically drop prices. LEGO sets have always been expensive and always will be. LEGO seems a bit cocky and confident right now with their recent success. Their set buying restrictions and sales reductions that are meant to battle resellers might backfire. We will see in the upcoming months if their profits are still on a strong upward trajectory. In my opinion, they should just embrace all customers and consider themselves lucky that they are so popular, but sometimes companies think they can do no wrong. Time will tell.1 point
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From what I have heard, Lego has taken all the rare numbers out of circulation. Like 00001, 00002, 19999, 20000 etc.1 point
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Rumor has it the sets with 10 smallest plates went to the contest winner and TLG's vault.1 point
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I seem to be the only person on this site super excited about the exo suit being made.. maybe if exobro was back things would be different...1 point
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I am trying to find out if the pattern works on a lot of sets. So far, it works. I have yet to find one set that does not follow this pattern.1 point
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Just my 2cts, I bought 2 Sungnyemuns yesterday for 34$, put one for sale yesterday to see how it would perform at 62$ in it's already got a bid. Architecture is clearly axed towards a more mature audience so I usually try to only buy them heavily discounted but it wouldn't be the first Architecutre set I sell with a profit. I made a decent flip with a Villa Savoye I bought for 60 and sold for 90...1 point
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As long as we don't see these as a Black Friday sale at Target or Tru, the set could be $200 by this time next year and rising, Will never be more than the SSD, FB knowbody really know's.1 point
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I grabbed bunch of both...how you gonna miss if its 12.50 and 17.50 on sale/clearance Walmart/Target....1 point
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Debating buying in at $118 up here, now that the set seams to have run its course. I`ve spent twice my monthly limit though, so looks like I`ll have to pass. Not really sure about how quickly it will rise, but I`m just not a fan of the VC in and of itself. Anyone have thoughts on buying in at the price? How about an approximate/estimate ROI?1 point
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Zombies got only 4 instead of 10-15...was on sale in Targets last fall for 30 bucks. Ninjago Earth Dragon and Ice Dragon.....4-5 each instead of 20 on Xmas clearance in Walmart.....endless list to post. Lucky to get all 20-22 Black Phantoms from Walmart clearance 9.99 and Creator Lighthouse island for 30.00 (around 25 sets). Happy...1 point
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Are you crazy?! Stepping on them causes the greatest pain known to humankind, including childbirth and getting your car insurance bill! Never step on them!1 point
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Most of the sets looked bland. Even the next sets, other than Oz and Ghostbuster looks meh. Should be interesting if the price point will be $30 for the exosuit?1 point
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That is very cool, thanks for the link man. Some of those scenes are very well done. No way Lego would do a GoT theme, goes completely against their policy of non-violence.1 point