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Showing content with the highest reputation on 05/08/2016 in all areas

  1. Today, we are going back in time to almost three years ago (time flies!) and taking a look at one set that had the forums and the entire LEGO community talking almost non-stop: the LEGO Technic 4x4 Crawler Exclusive Edition. Unlike the majority of LEGO sets released throughout the years, the Limited Edition Crawler was designed through a fan base contest, with one of the conditions being that the creators utilized the chassis of the 9398 Crawler. The winner model was to be selected and produced as a limited edition of only 20,000 copies. Even since the winner was announced, investors and collectors were excited about the possibility of getting their hands in what many saw as a highly collectible set. Whether it was for resale, long term holding or just for personal collection reasons, the expectation was that such a unique set was bound to be extremely hard to acquire at retail price ($199.99). Months after the announcement, on August 1st 2013, the set was finally released to the public on LEGO Shop at Home and brick and mortar locations. As many expected, and worried about, 41999 sold out online the very same day, forcing customers to either hunt the set at retail location or source it from the secondary market. As one would expect, the hype surrounding the set meant that most brick and mortar locations sold out as soon as they put the set on the shelves. In turn, prices on eBay and other online platforms rose to close to $450, with sets selling within minutes of being listed as collectors worried about it becoming even more expensive, investors hoped for the next $1,000 set and, as some of you might remember, some even attempted to corner the market by acquiring dozens of copies a day. While I will not get into it, it is also worth mentioning that the circumstances surrounding the set generated a lot of controversy, and ethical/moral discussions popped up almost daily on some of the forum threads. In theory, it all made sense; LEGO released a set that was not designed by your traditional LEGO design team, limited it to 20,000 copies worldwide and, to top it off, included a number of rare and unique elements that increased collectability (first Technic set to use dark blue, chrome elements and a uniquely numbered license plate). Furthermore, the box and instruction manuals were both higher quality than average and added a little bit of value to the set. It had all the potential in the world to become an extremely sought after and expensive set in the long term, but as you can see from the chart below, in the end that was not the case. The set has almost completely stagnated at around $360, the price it finally settled at a couple months after the hype died down at the end of 2013. That’s a close to 0% gain for anyone who has been holding the set for the last 2 or so years! Clearly, the weeks after release were the most profitable times to sell the Limited Edition 41999. I sold some of these within this timeframe and took advantage of the hype surrounding it, but at the same time thought that the set had a lot of long term potential (as many others did!). Looking back though, the performance of the set has not been anything but a disappointment. While it is always hard to pinpoint the exact reasons a set is not as popular as expected, I think that there are some generally accepted factors that contributed to the Crawler not doing as well as expected. Technic has always been a niche market. While there is definitely a following to the theme, its popularity is nowhere near as close to some of the licensed themes, reducing the customer base. The set on which 41999 was based on, 9398 Crawler, was readily available until 2015. Given the similarities between the two sets, having a much cheaper version in the market could have definitely impacted the performance of the Limited Edition. The set simply grew too fast, reaching maturity shortly after its release. All the circumstances surrounding the set allowed it to reach its ceiling way faster than the average LEGO set, explaining the lack of growth since. So, knowing its past, what should we look forward to? Honestly, I don’t see how the trend can be reversed. I would not expect to see any significant growth out of this set, as I believe that if its unique characteristics have not generated any more interest in the past couple of years, there is no reason to believe they will in the future. Don’t get me wrong, this is still a cool model and a very interesting piece of LEGO history, so there is definitely a value in owning it. But if you are still holding it with the expectation of above average result, I would definitely take a few moments to reconsider and compare it with some of the better options currently available. Thanks for reading! View full blog article
    7 points
  2. Another building day with my daughter. We've built 60051. This is our first Lego train set, and we really love it! $103 might not be good enough for investment, but it definitely is a good deal for personal build.
    6 points
  3. Barnes and Noble clearance that a very nice employee went through and checked on a list for me to see what else they had on clearance. She found a bunch in the back, including 5 Mines. She was very happy to help me get a discount on Lego, and was asking me if I was going to build or if I was going to be selling them. 75% discount + 10% membership 2x MInecraft mines at $27 each 2x Chima Ice Mammoths at $22 each 1x Technic offroad racer at $16 1x Chima Icebite's Claw Drille at $12
    5 points
  4. Nothing like a national promotion that is YMMV by store
    3 points
  5. What the hell people? now everybody is finding out about it? Now, and I had 18 of them? Now, when I sold my last one last week?
    3 points
  6. Either way, someone will either have too many, or not enough. It will be fun to watch.
    3 points
  7. Picked up 7 40121 painting Easter eggs at my local Kmart today. I have no clue why they were there. I check monthly to see why they have and these appeared out of nowhere.
    3 points
  8. Kids' bday today - Got executive permission to build something too, so we built: 41122 Adventure Camp Treehouse (still unfinished), 30398 Adventure Bridge (both my daughter's projects), 75102 Poe's X-Wing (my son) and 21303 Wall-E (me, yay!). My son, ever the charmer, wanted to give his sister a present too so he bought the Rey constractible from me that I got during the May the 4th sale at LEGO.com for $6.50 (no, I did not upcharge ). She built it immediately (Rey is her favorite SW character). Here's our breakfast nook during these festivities:
    3 points
  9. Over here, we check all transparent parts from sealed sets, especially the larger parts. Anything with scratches or blemishes get flagged as "used". About 20% of large transparent parts (like 1x6x5 panels) end up being listed as used. Edit: And said transparent parts are packed to prevent scratches during storage and shipping, of course. That's one polybag per part in some cases.
    3 points
  10. 30466 Batmobile by my 4 year old
    3 points
  11. Trench run. I would have preferred clear supports for the ships, but still an excellent build
    2 points
  12. Classic set...but it is a Technic set and not everyone is a fan.
    2 points
  13. Personally, as someone who did not pay close attention to the Lego market for many years, and just got back into the game in Jan. ,I had no idea this set existed until the reveal of the Porsche 911 set, and people started debating that sets investment value. If I as someone who reads the vast majority of threads and comments from Jan. to now on BP has only recently heard of this set, how is the average AFOL supposed to know about it? It isn't licensed and it is not part of a series or line. Truly only the Technic fans would have a good idea that the set exists, or if you were an AFOL when it hit the market. If that was the case, you likely tried to buy one when you had a chance at retail, or bought in at the initial surge at EOL, hence the stagnate growth. As stated above, being in the Technic line did not help the case for this set either.
    2 points
  14. Yes, they will post here soon. Keep an eye on this thread.
    2 points
  15. Just checked the ad for 5/8-5/14. Captain America poly free with LEGO purchase of $30+ in store only.
    2 points
  16. if you are doing 3-4 sales/week then i would say that's pretty good. you are active brick linker with about 30k to 50k parts. keep this in mind: total # of stores in brick link: 9943 average order/day : (approx.) 3500 with most of the orders going to high volume active stores and if you are netting over 10orders per-month then its good number for stores below 50k parts (of course i am not an expert here.. @Stragus or @DadsAFOL can comment/attest with authority and accuracy to what i am saying.
    2 points
  17. Not sure if my pics really do it justice but i got my final bricklink order in to complete a Helms deep and uruk hai army lot that I got 95% complete. Also added another Uruk hai army and went slightly overboard on eBay getting a few more elves, orcs and wargs to flesh it out. Massive LOTR fan and these make a great display piece IMO - just wish i had more room to fully do it justice
    2 points
  18. Here are the 10196 Grand Carousel early sketches. I like the end result better although the ticket window was an excellent idea and should have been kept. The designer , Steen Sig Andersen (Google him and you'll recognize his works) had a difficult time getting the rotation to work,
    2 points
  19. Depends a little on the seller (and you might want to make notes on sellers that don't adhere) but typically: - new is fresh from LEGO boxes, not used in any build - used without any lot comments means they have been built with, might have some minor scuffing or discoloration, but should typically not stand out when compared to other used bricks - used with comments for parts that have visible damage or strong discoloration. Some people allow stacking of bricks/assembly of minifigs and call it new, some people will have a generic note under all their used lots to illustrate the range of items they call "used". Broken or pieces with white fold lines are typically a toss and do not get listed in inventories, unless they are very rare pieces (e.g. the 6x24 train base used in the holiday train where you wouldn't really see a lot of damage since only the red side of the plate is visible).
    2 points
  20. Today, we are going back in time to almost three years ago (time flies!) and taking a look at one set that had the forums and the entire LEGO community talking almost non-stop: the LEGO Technic 4x4 Crawler Exclusive Edition. Unlike the majority of LEGO sets released throughout the years, the Limited Edition Crawler was designed through a fan base contest, with one of the conditions being that the creators utilized the chassis of the 9398 Crawler. The winner model was to be selected and produced as a limited edition of only 20,000 copies. Even since the winner was announced, investors and collectors were excited about the possibility of getting their hands in what many saw as a highly collectible set. Whether it was for resale, long term holding or just for personal collection reasons, the expectation was that such a unique set was bound to be extremely hard to acquire at retail price ($199.99). Months after the announcement, on August 1st 2013, the set was finally released to the public on LEGO Shop at Home and brick and mortar locations. As many expected, and worried about, 41999 sold out online the very same day, forcing customers to either hunt the set at retail location or source it from the secondary market. As one would expect, the hype surrounding the set meant that most brick and mortar locations sold out as soon as they put the set on the shelves. In turn, prices on eBay and other online platforms rose to close to $450, with sets selling within minutes of being listed as collectors worried about it becoming even more expensive, investors hoped for the next $1,000 set and, as some of you might remember, some even attempted to corner the market by acquiring dozens of copies a day. While I will not get into it, it is also worth mentioning that the circumstances surrounding the set generated a lot of controversy, and ethical/moral discussions popped up almost daily on some of the forum threads. In theory, it all made sense; LEGO released a set that was not designed by your traditional LEGO design team, limited it to 20,000 copies worldwide and, to top it off, included a number of rare and unique elements that increased collectability (first Technic set to use dark blue, chrome elements and a uniquely numbered license plate). Furthermore, the box and instruction manuals were both higher quality than average and added a little bit of value to the set. It had all the potential in the world to become an extremely sought after and expensive set in the long term, but as you can see from the chart below, in the end that was not the case. The set has almost completely stagnated at around $360, the price it finally settled at a couple months after the hype died down at the end of 2013. That’s a close to 0% gain for anyone who has been holding the set for the last 2 or so years! Clearly, the weeks after release were the most profitable times to sell the Limited Edition 41999. I sold some of these within this timeframe and took advantage of the hype surrounding it, but at the same time thought that the set had a lot of long term potential (as many others did!). Looking back though, the performance of the set has not been anything but a disappointment. While it is always hard to pinpoint the exact reasons a set is not as popular as expected, I think that there are some generally accepted factors that contributed to the Crawler not doing as well as expected. Technic has always been a niche market. While there is definitely a following to the theme, its popularity is nowhere near as close to some of the licensed themes, reducing the customer base. The set on which 41999 was based on, 9398 Crawler, was readily available until 2015. Given the similarities between the two sets, having a much cheaper version in the market could have definitely impacted the performance of the Limited Edition. The set simply grew too fast, reaching maturity shortly after its release. All the circumstances surrounding the set allowed it to reach its ceiling way faster than the average LEGO set, explaining the lack of growth since. So, knowing its past, what should we look forward to? Honestly, I don’t see how the trend can be reversed. I would not expect to see any significant growth out of this set, as I believe that if its unique characteristics have not generated any more interest in the past couple of years, there is no reason to believe they will in the future. Don’t get me wrong, this is still a cool model and a very interesting piece of LEGO history, so there is definitely a value in owning it. But if you are still holding it with the expectation of above average result, I would definitely take a few moments to reconsider and compare it with some of the better options currently available. Thanks for reading!
    1 point
  21. Maybe there was a good reason that LEGO limited the quantity produced to 20,000.
    1 point
  22. The black neck mark is how the automated assembly machines know to put the head facing forward rather than backward or sideways prior to packaging. So likely that torso came from a package where the figure is assembled and visible through the packaging.
    1 point
  23. 12€ Galeria Coupon give-away: http://www.brickeven.de/lego-deals/galeria-13-rabatt-auf-lego-creator-am-08-05-2016-12-e-gutscheine-gratis/
    1 point
  24. Ugh. Every night. Prime end of the night time for me on the west coast. I can only imagine it's pretty annoying in Hawaii, too. It's annoying to me because it hits right at that, "well, if I'm going to stop I'm going to go to bed now" time, when I'd rather keep going.
    1 point
  25. New Shopko coupon. Good through Saturday, May 21. $10 off $50 or $15 off $75.
    1 point
  26. So another acquaintance of mine that is pretty adept at minifigure feeling told me he had a case with two maleficent and hooks. I stand corrected and apologize for dismissing the notion. I wonder if this release has had QC issues or if more people are just reporting it since its such a popular release.
    1 point
  27. MinifiguresPlus "sold out" of their initial availability of sealed cases. They may open up a second round of purchases, but you'll have to sit tight for now.
    1 point
  28. Picked this up for $20 at WM this week.
    1 point
  29. Thought I would test out the new GS7 Edge camera capabilities today and built a little stand to shoot this on for a min. I think the camera takes some pretty detailed shots for a phone. Figured a little ship could use a little company.
    1 point
  30. Calling minifigures+ a pyramid scheme or even "resembles a pyramid scheme" is a little much in my opinion. I think you have no idea what an actual pyramid scheme looks like. The only promise minifigures+ makes is for a good delivered at a fair price. They don't guarantee you anything beyond that. Never have I seen them make claims or try to get you to recruit others. They are just further up the distribution chain than the rest of us, but that can be said for Wal-Mart, target and toys r us too.
    1 point
  31. About 150 kids in line at our TRU. This is just the ones behind us and we started in the middle.
    1 point
  32. OOT. Today is Free Comic Book Day http://www.freecomicbookday.com/Home/1/1/27/981
    1 point
  33. from my limited experience its very hard to damage lego piece unless you have actually used it (assembled it) or stacked it for storage. if anyone is truly selling only parted items from new sets; % of damaged piece is probably less than 0.1% i.e. probably 1/1000 now if anyone is actually assembling/stacking bricks to store them or throwing bricks from one corner to another then probably can't say .. haven't performed those kind of stress tests
    1 point
  34. Saw in store today, spend $30 get Captain America poly free.
    1 point
  35. It's exactly the same way for me. Nothing more frustrating than to cobble together an order around a critical piece, and then have that piece not be included. As a seller I think it is common courtesy to ALWAYS let a buyer know that something is missing before shipping, and offer them the chance to cancel the order. But even that does not work for times when I plan a purchase out over several sellers, and then having one seller screw it all up by not having a piece. That's unfortunately the risk of a marketplace like BL, but it's tricky and leaves me nervous until I have received and validated the orders when they come in.
    1 point
  36. Personally, I don't agree with that approach. When I buy on bricklink I get really mad when sellers ship the package and then just give a credit and assume everything's even. I'ts not. I keep my wanted lists sorted by rare parts (pretty much anything over $1) and common parts. Normally I'll look for a good deal on the rare parts and then buy whatever common parts the seller also has to save on shipping. If the seller discovers he doesn't have the rare part, most likely I no longer want that order. If it's a common part I probably don't care. In the past whenever I have a seller tell me that some part is not included in my order AFTER they ship, I make a note about it and most likely won't be back. I won't leave negative feedback but that seller has pretty much lost me as a return customer. Most recently I had this happen with a store I place a $120 order with. The part that led me to that store was the canopy for slave 1 which was $8. If that store didn't have that part I never would have placed the order. Anyway, the seller shipped and then told me that the canopy wasn't included and gave me a credit. I was hot. This sell redeemed himself by agreeing to pay shipping costs for me to by that part from another store, it it was a problem the seller could have easily avoided. Do yourself a favor and be upfront with customers about missing parts before you ship.
    1 point
  37. still the funniest conversation I've ever read on this board
    1 point
  38. Always bugs me when I see sets selling for more than I have listed, suppose it would make a nice change if it was my own sets trumping me
    1 point
  39. Lucked into these at BN for 75%+10% off. And bought 6 Disney figures.
    1 point
  40. 1 point
  41. Think you might have missed the joke there a little
    1 point
  42. I think that's the main reason prices have dropped is that lego is showing a release date in the near future, so it's a current race to the bottom until it hits RRP. For how long, and how much new stock is the unknown, but they'll probably be around the lego stores, lego shops, and trickle in and out of retailers through the digital release of the film, i'd suspect. I've already boxed up and sealed a majority of the extras I bought and placed them deep in my closet to let them sit for a few years. Simply, time to move on to scooby and episode 7 and forget about it. I'm convinced, while these could be very popular over christmas, that battling with the undercutters all looking to score 15.00 on a set isn't worth the hassle, as they will be worth a lot more in the future once these retire, which i'd suspect will have about a year run and by next year will be gone.
    1 point
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