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Showing content with the highest reputation on 12/18/2020 in all areas
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24 points
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I check the prices a couple times a year. If a set is flat, I dump it after a year. Maybe it'll go up, but maybe it will be the next Birds, Exosuit, Women of NASA, etc... just taking up shelf space. If it climbed, but has since leveled off, also a good time to sell. Super Star Destroyer, Grand Emporium, etc... would be a good examples (ignoring what they did this past year). If it took off like a rocket with irrational exuberance, might want to pull the trigger quick -- I'm looking at you, Seacow. Everything else, is up to your cash flow needs. In my spreadsheet where I track all my sets, I have the sale price column and the date sold right next together. Most of my sales are on ebay and I list one set at a time, and I'll price the next set based on the trend that I'm seeing. It's depressing when I see sets selling for $350 two weeks before Christmas that were selling for $250 two weeks earlier. Ya, you'd wish you had held onto those sets and sold them later, but that's how the dice rolls sometimes. My solution is to "simply" stock enough sets that I can get some quick returns early, but also have the reserves to participate in the long game. For me, that means where I might have considered 10 of a set to be a good reserve with large diversification, now I'm looking at 30 to 50 in a smaller variety. Similarly, if it is going up, consider why. Is it FOMO driven -- if so, sell quick. Is it part of a long-term collectible series (winter holiday sets, architecture cityscapes) where new incoming participants want to catch up -- then it'll probably only continue to increase and you might want to hold longer. If it is part of a series that has been cancelled -- such as sets based on a particular movie -- then the demand might wane and you'll wish you had sold earlier. And then there are the classics -- look at the price history of 10223 or any of the 7040X castle sets. When you think of LEGO, how can you not think about Space and Castles? As long as LEGO doesn't introduce a new castle series, nostalgia will continue to drive these up and you should probably hold onto a couple of them. And then there is the exit plan. How much can a set go up after all? If it's already 5x its original MSRP like some of the castle sets, then do you cash out or keep betting? I don't know of many people who will say, "Oh, why did I sell for 400% profit when I could have made 900% profit?" You're more likely to hear, "Why didn't I take my 400% profit before LEGO decided to reissue the same set this year and now I only doubled my money?" It's a lot safer to take that 400% gain and reinvest it in the next set that might go up only 50%, but is not very likely to drop 50% after retirement. Also, at some point, folks will Bricklink a set if they are willing to spend 5x MSRP. I picked 5x just because that's a fairly extreme gain that not many sets will hit. Personally, if I have a set that has hit 3x MSRP on ebay, I'm more than happy to sell and never look back.9 points
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GWP with $75 purchase of HP in Jan Ideas Retro car also Jan with $85 of anything8 points
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FB Marketplace local meet ups (Parenthesis is Buy-in Price) 7130 Snowspeeder- Used with instructions $25 ($5) 7150 Tie Fighter- Used with Instructions $65 ($7) 7166 Imperial Shuttle- Used with Instructions $50 ($5) 71506 IAC- $165 ($50) 75104 Kylo Ren Shuttle- $110 ($59) 75137 Carbon Freezing Chamber- $45 ($15) 75093 DS Final Duel- $105 ($35) 75095 UCS TIE no box- $200 ($120) 75096- Sith Infiltrator- $105 ($45) 75105- MFalcon- $165 ($37...best WM clearance ever) 75094 IS Tydirium X2- $150 each ($53 each) 30628- HP Book of Monsters- $50 ($26) 30628- HP Book of Monsters- $45 (free) 60056- Tow Truck- $145 ($11) 7140 X-wing Fighter- Used with instructions $75 ($8) $1650 ($529)7 points
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7 points
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Time to break out the train. No big Xmas dinner this year or dinner parties so the wife granted the kids the use of the dining room table.6 points
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Nice to nab a "white whale" using Razor Crest profits...thank-you Oneknightr, Mandolorian (and Disney+) Following CV; Bay Area BPers need to do a meet5 points
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5 points
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5 points
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5 points
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In the mean time I am working through some problems/opportunities. We will have trains, and I would prefer that they aren’t just on the first level. But... lego trains and inclines... so, my son and I were testing some solutions for adding a drive motor that would constantly run, but only engage when on the inclines... sort of like a cog railway. Video is too big... you can se it here: https://oneoriginalthing.com/2020/12/16/lego-cog-railway-and-mold-destruction/5 points
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4 points
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Holy F Nothing else to say. Agree with everything above. Freaking awesome Compared to where I was this time last year with this franchise? Definitely a course correction.4 points
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Finally, some people at Disney do the original films justice while making a quality “live” product. It only took two people who starred in the Swingers before directing (forever B level comic character) Iron Man films & another who did cartoon series to get it right. Whereas big Hollywood people like JJ Abrams, Kathleen Kennedy , & Rian Johnson all failed.4 points
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4 points
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4 points
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I was riding a 3/1 ratio until just recently. Damn me for commenting during the Black Friday/Cyber Monday extravaganza. Hurting it again by posting here.4 points
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4 points
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Update for 12/18: Price Range, Sets Available (change from 12/15, change from 12/1) LEGO SAH: >$100: 2 (-3, -16) $75 to $100: 1 (-2, -12) $50 to $75: 4 (-2, -13) $25 to $50: 3 (-2, -1 (from 12/13)) <$25: 17% (-1%, -19%) Amazon ("LEGO", sold by Amazon.com, building sets, Prime eligible, LEGO Brand): 127 (-10, -186) sets, 62 (-1, -42) over $50*** Walmart ("LEGO", retailer Walmart.com, LEGO sets and toys, Deliver to Home eligible): 186, (-35, -95) sets, 49 (-8, -28) over $50*** Target ("LEGO", building sets, shipping available): 225 (-3, -109) sets, 65 (+1, -28) over $50*** *** Note: doesn't include sets on sale <$50 that are RRP >$50 LEGO is down to 7 unique buildable sets over $50. 10 over $25. Almost comical. On the bright side, I don't expect there is any delay in filling orders... I'm noticing that, for example, Target might say they have 65 sets over $50 available to ship, but if you look at the results, 12 of those sets are not available to ship and maybe more if I were to look at each set individually. But, I'll stick with the raw numbers since digging into every set would take more time and I'm expecting that the general trend would still apply. Here is what LEGO still has in stock over $25: > $100: , The Flaming Foundry, Marvel Studios Iron Man New OOS: Rough Terrain Crane, Lamborghini Sian FKP 37, 6x6 Volvo Articulated Hauler $75 to $100: Hogwarts Astronomy Tower New OOS: Deep Space Rocket and Launch Control, Remote Controlled Stunt Racer $50 to $75: 4 Privet Drive, Monkie Kid's Cloud Roadster, Central Airport, Sandy's Speedboat New OOS: Monkie Kid's Cloud Jet, Adventures with Mario Starter Course $25 to $50 (started listing 12/13): Air Race, Wonder Woman vs. Cheetah, Action Battle Hoth Generator Attack New OOS: The Knight Bus, Lonesome Flats Raft Adventure3 points
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3 points
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3 points
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*coughs* (There are plenty) If this gwp is around for more than a week it's really going to tank the price.3 points
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56 available Razor crest Amazon RRP https://www.amazon.com/LEGO-Star-Wars-Mandalorian-Exclusive/dp/B0849GZMZH/ref=sr_1_2?crid=1UUHZ4IL679ZA&dchild=1&keywords=razor+crest+lego+set&qid=1608291600&sprefix=Razor+crest%2Caps%2C170&sr=8-23 points
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a bunch of processing plants are actually just blacked out right now (i.e. not even accepting packages), USPS hosted a big conference call with shippers the other day. across the US around 38% of USPS warehouse workers are AWOL. We are the second largest first class package shipper in our regional district and they pretty much just told us they were sorry and to pray lol3 points
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3 points
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Wow. Just wow. This is the stuff I've been craving for 35 years.2 points
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Getting dinged on feedback because a buyer thinks a set was smaller than they were expecting. Come on man, I offer free returns.2 points
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I expect LEGO SAH feels like the outlaw stuck behind a barrel with the sheriff's posse nearby and guns drawn. The outlaw tosses a rock across the street as a diversion and the posse reacts and fires off 30 rounds.2 points
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I've still got something from 11/26 that manages to update almost daily but the update is always "In transit," which at this point I have to believe is being carried by hand to its destination. Another package from the 2nd just stopped updating 12 days ago. Everything west of Illinois has been fine. The east, however, is looking a little like Middle Earth up in here: "Rumor grew of a shadow in the East, whispers of a nameless fear..."2 points
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Does it matter? Nothing is moving anyway, lol. I've got several packages that have simply stopped moving along the Eastern seaboard due to USPS/Covid/snow.2 points
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USPS tracking system is now apparently down... what a disaster.2 points
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Be careful. May turn into a real-life version of Among Us. Remember, this is a den of villainy.2 points
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2 points
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As soon as the profits are good enough to you. Some people sell all year and have a constant stream of outgoing and income sets. Others wait years and only sell during the holidays. Really is up to you.2 points
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2 points
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2 points
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2 points
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Too much product, and too many investors are still a problem. The pandemic just killed the product issue this year. My worry is that due to the ridiculous aftermarket this year that we will see another swell of flippers stagnating prices like we had a couple years ago. I think the first normal production run will see a aftermarket too large to prop up prices. Your picks will become even more important. And just like the last cycle, flippers will back out and things will start to get better again.2 points
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2 points
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2 points
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FWIW I got a brickhound text alert that it was in stock at some ungodly hour of the morning. That's been pretty reliable for me. I wasn't awake, but I'm guessing it was actually in stock. Whether it was 2 returns or 20 units they found in the corner of the warehouse; and whether they were canceled soon after who knows. LEGO SAH isn't known for their reliability. If you're looking for one for personal use I have one I could spare.2 points
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I think he just wanted clarification as to your source. We all know LEGO managers say a lot of different things. We all appreciate the information if we know it's from a reliable source. Thanks for the update.2 points
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2 points
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Can't say sn*tch on here, lol2 points
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Finally! This is the Jedi we have been looking for. Shame he never gave them his name. lol And did anyone watch the credits to the end? If you haven't you need to go watch it again. "The Book of _ _ _ _"!!! Dec. 2021 on Disney+. I don't recall this being in the announcement at the Disney shareholder's meeting.1 point
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1 point
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Are you guys buying these for quick flip before Christmas? They are not retiring soon right? I feel like I am missing out so just wondering.1 point
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1 point
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1 point