Be sure to vet buyers as much as possible before agreeing to any transaction, and do not give out any unnecessary personal information. Forty? Ed also is a regular contributor in the LEGO-themed magazine, BLOCKS. The two columns on the left display the prices an item sold for, in both new and used conditions. BrickInvesting.com provides LEGO price and investment guide. BrickEconomy uses statistics and machine learning to model current and future sets and minifigure prices over time based on sales trends from multiple secondary markets. Hussey says some are available individually; for example, a torso assembly includes a body, a left arm, a right arm, and two hands. In fact, a 2015 Time article stated Lego collecting is a better investment than gold. 11. It's a great resource for me when shopping for old sets. Outstanding site! A single missing figure can cost as much to replace as the whole set, in certain cases.”. Lego Star Wars Millennium Falcon. The inventories feature an image of the part above a part number, which encodes the part mold and color, and can be searched on a site like BrickLink. Source: Ryan Hafer, The Plastic Brick. Here, we’ll answer everything you need to know about how to sell your Lego, including: Keep reading to learn how you can cash in on your Lego today! There are many Lego selling options, including: Check out our full list of places to sell Lego, which includes pros and cons of each as well as links and other information that will help you get the best deal. For a time we were selling the set for nearly $500, but then Lego issued the Republic Gunship (75021) and prices immediately started to back down.”. The biggest issue for LEGO collectors and investors is trying to accurately track the current value of a given set or minifigures. You’ll need to conduct plenty of research and sell directly to collectors. “A good example of this is the Star Wars Republic Gunship (7676). Lego gave 2×4 gold bricks to select business partners between 1979 and 1981, and fewer than ten of the bricks are believed to exist today. You might want to sell to a local toy store. As mentioned, buyers have various reasons for why they’re interested in a particular Lego. BrickEconomy's models create an accurate prediction of expected growth for new sets and themes, allowing collectors to determine if the set will be a solid investment and even predict a set's retirement date. 10030-1 - Imperial Star Destroyer - UCS - $1603.60. “Most likely your largest set, with the most figures, will be your most valuable.”. While sets are easy to identify, individual parts can prove more difficult – and knowing what you have is critical to understanding its value. Twenty? This is the first website I have found that easily helps me organize all of my lego and find out its approximate current and future value. The catalogs presents high quality photographs of LEGO® Minifigures together with extensive meta data. “In earlier times, a particular set had a product lifecycle that spanned multiple years, which is now an exception. It’s worth noting that, unlike sets, few sellers ever list a part as “new.”, “Many people do not call a part ‘new’ even if it’s straight out of the box or bag, just to make sure what they sell will not get poor feedback,” says Hussey. We are currently in early beta and welcome any feedback you have to help us improve. Love the site, first of all. Source: Ryan Hafer, The Plastic Brick. There are now 221398 members. “Since the early 2000s, Lego has built in some actual rarity to the Lego collectible market by changing their product lineup on a yearly basis,” says Hafer. ; Brickset members have written 36892 set reviews. You’re better off selling to a buyback company like The Plastic Brick. 15. How about where to sell your Lego? “A haystack comes to mind.”. The price for that set is now nearly $4,000. Some come from Lego with different-colored arms, legs, or hands. Analysis of LEGO brick prices over the years . See the latest added LEGO sets to BrickEconomy. It is fashioned after the iconic Disney theme parks® train and train stations. “I don’t think there is a definitive rule on what are the most popular Lego products, but in general I would say the rank goes set, minifigure, then parts,” says Hafer. Ever wonder how much your Lego are worth? The size of a given collection might even be what prompts some to sell. Another way to determine how much a given Lego is selling for is to check the sold listings on Ebay. “I have parts that, because I know their provenance, could not otherwise be recognized as Lego,” he says. Lego are sold in four primary categories: collections, sets, parts, and minifigures (which have their own subcategories, like Technic and Scala). Star Wars Lego are among the most collectible, as are famous landmarks like the Taj Mahal and the Statue of Liberty. The type and completeness of a figure or minifigure is important to value. www.minifigpriceguide.com is the top resource for collection and investing in lego minifigures. Leg assemblies include a left leg, a right leg, and a hip piece; and each piece is available separately. Not sure what Lego you have? “A really good indicator of a set’s value is whether it is selling at, above, or below the Manufacturer’s Suggested Retail Price,” he says. There are 17495 items in the Brickset database. These sets are have the highest retirement risk. “There are many factors to consider. Therein lies the value.”. BrickEconomy is a comprehensive site dedicated to analyzing the secondary LEGO markets and determining the current and expected values of both sets and minifigures. This year, a new version of the same set was released at $800. It is a great platform. Lego Space Cruiser set with minifigures. If you know that it will just sit around with no enjoyment, perhaps you are a good candidate to make the money and put it up where someone else can enjoy it. Buying guide for best lego sets The benefits of playing with LEGO LEGO set themes Questions to ask yourself when choosing a LEGO set LEGO prices Tips FAQ Buying guide for best lego sets Ever since LEGO burst onto the scene in the U.S. in the 1960s, they have been a … The Lego Collector's Guide is a 800-page reference book that shows all the Lego sets that came out between 1958-2008. Finding the right price for any Lego item whether it be a set, part or a Minifigure is going to determine exactly how profitable this venture is for you. The company was founded in the year 1932 by its Danish founder Ole Kirk Christiansen and Lego toys were launched in the market in the year 1949. Search for it in the BrickLink catalog, 4. It also helps me decide which sets I should buy if I am trying to decide between them. Hussey says the value of a given Lego is driven by rarity and desire. Lego, the same word in both singular and plural form, as Adult Fans of Lego (AFOL) are apt to remind you, might be more valuable than you think. Never hand over your Lego until you have cash in-hand. It is priced at $329.99 The price guide displays historical sales prices based on six months of data. Visit Ebay and search for your Lego by name and/or part number. Hussey adds that the primary value-builders are rarity, age, and condition. And though Lego can create rarity, it can also dilute the market. Fantastic! Someone will respond.”. It also provides a way to acquire the non-fig pieces at a lesser cost.”, Hafer concurs: “Missing parts erode the value of a set, but not as much as a missing figure can erode the value. Star Wars minifigures with weapons, Do You Have Hundreds Of Dollars Worth Of Used Gadgets? The most expensive individual Lego ever auctioned was a 14-karat gold brick, which sold in a January 2017 Catawiki auction for $19,793. The complete directory of LEGO economics and the brick economy. It is difficult to scale a price for any particularly item on Ebay because there isn’t a good way to compare except by looking at all available similar items. “ABS plastic has a general degradation problem if Lego is left in full sunlight with UV exposure. “An individual fig, especially those that have the most value, are ones made to resemble particular characters or actors from movies and other Lego themes. Flipsy.com talked to two Lego experts to bring you the ultimate Lego selling guide. However, some sets just take time to find the right buyer.”. “Most of the adults I have met went through what is called a ‘dark age’, the time between playing with Lego as a child and growing up enough to be slightly embarrassed by such activity or having other, more teenaged interests,” says Hussey. Interestingly, you might be able to make more money by separating minifigures before you sell. “It will be higher if the contents tend toward gems and away from low purity levels.”, “It’s not a secret that larger sets tend to be less distributed and more valuable,” says Hafer. Gala Set - $1672.00. LEGO set database: Brickset home page. They usually do have the logo on the inside. For further advice on collecting LEGOs with an eye to reselling, check out The Ultimate Guide to Collectible LEGO Sets: Identification and Price Guide by Ed and Jeff Maciorowski, the founders of Brick Picker. You shouldn’t expect anyone to do your pricing research for you; however, if you’re having trouble identifying a part it might be a good idea to reach out to your local Lego group or an online forum to request assistance. A set can only be considered new if it has never been put together. The current holiday sales record is 78.3 million, set in 2016. Hussey explains that 90 percent of all Lego parts include the Lego logo on the studs, or knobs (the bumps that connect the parts); as well as a four- or five-digit mold number and Lego copyright imprint on the surface (often inside the part). The biggest issue for LEGO collectors and investors is trying to accurately track the current value of a given set or minifigures. It always depends on the buyer.”. That’s because many MVNOs (Mobile Virtual Network Operators) don’t offer multi-line discounts, so if you have a family of four you could wind up paying even more than if you stick […], iPhone sales could reach record heights this Christmas, as Apple expects to sell between 75 and 80 million iPhones during the 2020 holiday season. Ed also is a regular contributor in the LEGO-themed magazine, BLOCKS. Obviously, there is a point where age may have a diminishing appeal to collectors. “You can get the most money if you are willing to do all the work yourself,” says Hafer. The Minifigs are organized by an innovative nomenclature that makes it easy to identify Minifigures. This is a how to video for using the BrickLink website. Distribution and production contribute to rarity, which influences value. The most pertinent question, of course, is how much your Lego are worth. Brilliant site. I don’t think Lego has any value if people do not enjoy the building or play experience. DC1-1 - Commemorative Limited Edition Batman Announcement - $1708.10. ; Between us we own 27,951,477 sets worth at least US$845,296,427 and containing 8,319,540,483 pieces. The following table lists general guidelines for designating the size of a Lego collection. Your guide to LEGO Gift With Purchase (GWP) offers for Week 3 January 2021 [News] LEGO Gift With Purchase (GWP) offers can be quite overwhelming if you’re not on top of things. Some have printing. Other parts have such unexpected or unusual shapes, or just don’t have any available space for their number identifiers as they are too small or the numbers would affect their function. Lego Statue of Liberty. Thus no "price guide" can ever keep up, as long as older LEGO sets continue to be popular and desirable. “I don’t know of too many ways to really get a clear understanding of value. If in doubt, ask for help – visit Lego communities and forums, or search for a local Lego User Group and ask for assistance. 2019: 72.9 million 2018: 62 million 2017: 77.3 million […], FREE MONEY: The average household has $265 worth of old gadgets.See how much you can get. A complete set should include all the original parts, as well as the box, instructions, parts bags, stickers and sticker sheets, and minifigures. Source: Ryan Hafer, The Plastic Brick. “In reality, all three of those things are tied together. Big like to you guys and thank you. We have all the latest toys and accessories your little one could ask for. Often, this increases the amount of money a seller can obtain for a particular set, as compared to just selling the sealed set. It's easy to use, well thought out, and very organized. Many sellers will separate the minifigures, sell them, and then sell the remainder of the set at a large discount. Discover and analyze sets and track growth over time. The parts can literally turn yellow through a chemical reaction, and that makes them undesirable.”. 14. “Some have decreased below original shelf price, but this is not the common condition.”. Other factors that affect condition include: “A common problem we come across is yellowing,” says Hafer. We calculates LEGO set market value and show price trend chart based on eBay sales data. “There are some quoting tools online, but in general it’s going to be a tedious effort,” says Hafer. LEGO Dimensions Buyer’s Guide Not sure where to buy LEGO Dimensions packs? Did You Know? sold in a January 2017 Catawiki auction for $19,793, fewer than ten of the bricks are believed to exist, sold on the secondary market for more than $5,600, Your Old Phone Could Be Worth $100 Or More. LEGO, the LEGO logo, the Minifigure and the brick and knob configurations are trademarks and/or copyrights of the LEGO Group of companies which does not sponsor, authorize or endorse this site. Thank you for visiting BrickEconomy. Hussey recommends using BrickSet in conjunction with BrickLink to determine how much Lego are worth. Collections are commonly sold by the pound, with prices ranging from $5 to $15 per pound. If you can read the mold number, you can identify the part. Here’s how to identify your Lego. You can search Google for Lego User Groups in your area, as Hussey suggests, or check out online LUG directories such as LUGNet, the Lego Community Directory, and Lego User Group links on BrickLink. Some Star Wars comic books have sold for more than $3,000. Many collectors are interested in Lego featuring specific themes, or those from certain franchises. BrickLink has a better tracking mechanism. Hussey said notable gems include early Space (blue and ‘old grey’) Lego, Castle Lego, and Train Lego – especially the Monorail – as well as other rare pieces. In unrelated research by Andrew Sielen in 2013, it was found that (again, according to brickset.com) the average price for a LEGO set has actually remained roughly constant over the last 20 years. “These are both limited sets, and finding accurate listings on them can be tough. 21325 Medieval Blacksmith is based on the LEGO Ideas project by Clemens Fiedler that was submitted in 2017 and achieved 10,000 supporters in July 2019. Typically, the older the set, the higher its secondary price. Ultimately, collectibles have to be enjoyable to someone to be valuable.”, > Your Star Wars action figures could be worth thousands: Here’s how to sell them > Most valuable Star Wars books > Comic books: What they’re worth & where to sell them > Graphic novels: What they’re worth & where to sell them > Your old magazine could be worth $5,000 or more: Here’s how to sell it, Third party phone insurance can be a cheaper alternative to carrier insurance or a way to continue protecting your device if you switch to an MVNO or prepaid carrier, but it’s hard to know which company to choose. I love it, it's enormously helpful. “Truly limited production Lego like Chrome Gold C3-PO, Mr. Gold minifigure, Lego store opening sets, and San Diego Comic Con minifigures can be very rare and expensive, and it’s hard to put a general value on them,” says Hafer. “Missing minifigures are the primary reason for incompleteness,” says Hussey. We know that there are a whole heap of new sets hitting shelves but we also know that there are going to be a range of sales around the corner. Here are some tools you can use to determine the value of your Lego. Each uses a slightly different model, and Ebay has almost the same items as BrickLink,” says Hussey. Of course, you should also be sure you’re selling your Lego for the right reasons. These figures don’t represent the highest prices ever paid for Lego, but are indicative of current Lego values based on private market sales. Here’s how many iPhones Apple has sold during previous holiday seasons. See if you can find a mold number, or use the booklet to find a part number, 3. It’s the only way to ensure you’re getting a fair deal. The information obtained from various reliable sources, such as auction sites. June is always a bit of a tricky time to be a LEGO fan. BrickEconomy tracks and analyzes active sales and provides insights on the best time to acquire LEGO sets and minifigures based on numerous supply and demand side factors. The sets are broken down in catalog style-photo, year of release, set number, name of set, production years as well as rarity. Hussey advises to exercise diligence, however, because there is potential for confusion or human error. A really good current example is the Millennium Falcon,” he says. It shows a bit more history of a set in that it provides the MSRP in several regions around the world. Celebrate 50 years of the LEGO brick wi … Celebrate 50 years of the LEGO brick with the ultimate LEGO® Collector’s Guide for the ultimate LEGO fan!
Limited to only 3,333 copies, this special Premium Edition includes an 800-page hardcover, full-color commemorative book showcasing nearly every LEGO set made since 1958 with photos, piece counts and more! Amazing! Hussey says searching BrickLink for figures can be easy or difficult: if you know who the fig is, search for the character name. Some were available in only one set, which could make those figures highly sought-after. This site is amazing. Yes, a collection can be mostly 40 years old. . Purity is a factor in assessing the value of a collection, where purity represents the percentage of true Lego parts to non-Lego parts. “I believe a big part of the allure is that there is a knowledge of past items that people didn’t get, and now they want to fill that gap,” says Hussey. Thirty? These tips will help you get the most out of your Lego selling experience. That dark age creates a gap in an adult builder’s history in which new Lego sets were sold but not purchased. “Sort parts to sets, inspect the sets for completeness and quality, list them individually on a marketplace and sell them individually. The price for that set is now nearly $4,000. Online stores and brick and mortar shops that buy Lego can also help. “The difficulty with Lego parts is twofold: identifying if a part is a Lego part, and identifying which Lego part it is,” says Hussey. A set generally comes with a higher price tag, but is greatly affected by any special minifigures it might contain.”, Different buyers value Lego differently, and each has their own thematic interests; thus, there is no “holy grail” every collector agrees on. Guide is based on six months of data Sort parts to sets ”!: “ Ebay and BrickLink are the primary market ( brick ) investing in part identification since... 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