Predictions on Discontinuing Sets and their Secondary Market Value

cloaked7

Got a chance to snag 9574 on Amazon for $10 each, but was limited to 5. Now I wonder if I'll even be allowed to buy more this week if more come in.

FollowsClosely

cloaked7 said:

Got a chance to snag 9574 on Amazon for $10 each, but was limited to 5. Now I wonder if I'll even be allowed to buy more this week if more come in.

I don't even mess with sets under $100. Making a trip to the post office for a $7 gains is not worth it. you have to do large scale to pull that off.

prevere

With Paypal shipping labels, you don't have to go to the post office anymore.

cloaked7

I have my own scale and mail small items from home. Beats a trip to FedEx for large items. I sell the gamut. Everything from minifigs and bagged LEGOS to the GG and UCS Millennium. As discussed there are pros and cons to selling either the smaller or larger sets.

Pitfall69

SiE said:

Its gone in the uk. Rang lego and they said they had a handfull left in the warehouse and then all gone.

http://shop.lego.com/en-GB/Harry-Potter-ByTheme</blockquote

Yes, when making a declaration that something is gone, please state what country and where it is gone from :)

I'm one of those people who won't buy sets for resale under a certain amount. LFT has people that pack Lego sets for him and ship them out, so he can be "bothered" with the smaller sets.

kim43235

I started collecting and investing legos since early this year. I made mistakes to grab too many Pet shops from amazon when they had a sale for $135 without knowing that it will take at least a year or two for it to be EOLed. Lesson learned, I guess.

The amount that I've been investing got really out of control. I've been buying/selling lot of camera gears and I thought I was overdoing. Well.. compared to legos, it was nothing. I really need to control inventory since I literally have no more space in my basement (finished) to store and no excuse to my wife.

I don't think I will lose money out of this after all. But legos take time and efforts to sell especially if you are into used bulk lots. I hardly find time to sort and check for completeness.

One thing I would like to share though, utilize grocery fuel program 110%.!

I have Giant Eagle and Kroger in my area who runs fuel program. You buy gift cards (amazon, ebay, toysrus, etc) from them and that turn them into fuel saving. So in case you break even, actually you made money on those fuel savings. E.g., with Giant Eagle you get 20 cents per gallon every $50 gift card. So if you spend $1000 then you get $4 gallon off, basically free gas up to 30 gallons. You are looking at 12% return here. So as long as you are doing it right then you shouldn't be too sorry for what you are doing. It's matter of making good judgement and controlling yourself not to invest too much. I've already went too far and I would need to slow down.

I hate to pay ebay/paypal fee but I can't find any alternative for selling legos in broad audience. Any suggestions here where is the best place to sell legos? I know there is a separate thread for this but just asking along with here.

richo

prevere said:

With Paypal shipping labels, you don't have to go to the post office anymore.

How do you get the parcel to leave the house?

madforLEGO

richo said:

prevere said:

With Paypal shipping labels, you don't have to go to the post office anymore.

How do you get the parcel to leave the house?

In the US, USPS can in fact pick up parcels I believe, but you would need to go to USPS.com I think or just give it to your postman if you happen to be home.

Renny

I believe you can schedule a pickup.

Pitfall69

Yes you can schedule a pickup. There is someone home all the time, so this is not a problem.

Pitfall69

@kim43235 You can try the Forum Marketplace here, no offense, but the people here are savvy Lego buyers and are always looking for the "deal of the century" LOL.

Brickset is decent if you don't mind your inventory sitting a while until it sells.

richo

wow, wish we had that in the UK from Royal Mail!

prevere

@kim43235 - You sound like you live in Ohio?

And as you have learned, Lego investing is certainly not a get rich quick program. It's a make a little money to subsidize your collection or whatever. For most of us that is - I suspect.

Pitfall69

richo said:

wow, wish we had that in the UK from Royal Mail!

I'm keeping my mouth shut on that one ;)

richo

^ pick up would be good.

Whenever I go to post anything other than a letter, I queue for 10 mins. My 'post office' is a couple of counters shoe horned in at the back of a local Onestop store.

A far cry from when I grew up in the 1980s, and even the tiny village I grew up in had a dedicated post office. Those were the days...

kim43235

Pitfall69 said:

@kim43235 You can try the Forum Marketplace here, no offense, but the people here are savvy Lego buyers and are always looking for the "deal of the century" LOL.

Brickset is decent if you don't mind your inventory sitting a while until it sells.

I do look for deal of month if not century so I do understand.

kim43235

prevere said:

@kim43235 - You sound like you live in Ohio?

And as you have learned, Lego investing is certainly not a get rich quick program. It's a make a little money to subsidize your collection or whatever. For most of us that is - I suspect.

Yes, I'm in Ohio as you can see in my id.

Pitfall69

Not in your id

pvancil27

The numbers on his name are a Zipcode in Columbus, assume thats what he means. MY DS and IS are both arriving today, so excited!

stevenzhang

It seems that a lot of people are very interested in the set #10193? Can anyone tell me why? Anything special in this set?

Pitfall69

Oh yeah....I thought he meant in his user info.

Renny

My brother just built it. Its a wonderful looking set. 2 nice buildings that can fully close, lots of animals and figures, and it fits in perfectly with any medievel setting.

dougts

seems kind of obvious to me...

- 2 complete, well-furnished, fabulous looking buildings
- huge brick built fantastic (but fragile) tree
- 8 minifigs
- horse, 2 cows, mice, pile of fish
- loads of accessories and add on small builds (turky table, fish stand, wagon, chickens,
- 1600 pieces for $100

richo

great value set. If it was released now it would be £100/$160.

stevenzhang

Thanks for the information. I am thinking that if I should buy this set before the set been discontinued. from 2009, it is already out for a long time compared to other ones.

dougts

^ indeed! it could be gone by the end of the year...

... or it might not be.

tamamahm

A few less common reasons...
- We will use it to add buildings to Diagon Alley. It is hard to have an alley with only the three buildings in that set. ;-)

- It is one of the few sets out there that I feel appeals to both genders. Because of that, my girls will really enjoy the set. It has a ton of elements that really lend itself to telling a storey.

FatMatt

^What zip code is 69?

dino_girl

Its a great set I'm reroofing mine in white to add it to my winter village. All villages need a pub

pvancil27

http://www.zipdatamaps.com/00069

Fun fact: Any Zipcode starting with 000 is in a national park or national marine sanctuary.

LegoFanTexas

^ Didn't know that, interesting...

DaddyDeuce

^^ Any zip code starting with 666 is in Topeka, Kansas. Whether the Post Office was trying to say something about Topeka, I don't know...

StuBoy

It also fits nicely into a Pirate setting or as an old, historic part of a modern town.

LegoFanTexas

Perhaps, but then they got it wrong, since 616 is the correct number for "mark of the beast"

Assuming you care about the original Greek text and not modern translations of course. :)

BrickDancer

MMV works well with King's Castle and Joust. They each overlap color schemes a little bit. MMV with KC, KC with Joust. Making a nice complete set.

Farmer_John

^Well...one older manuscript lists 616 as the "mark of the beast" in the opinion of one man interpreting the document, however, there are many Greek texts that do not. Not to go too far off topic...

brickupdate

@dino_girl wow - that is a great idea, adding it to the winter village scene! Also - it gives me a purpose for some of the "extra" MMVs that I have laying around. Another just arrived in the mail the other day. Love this set.

Brickarmor

*cracks theologico-hermeneutic knuckles... goes back to Lego sorting*

Farmer_John

^ :-)

LegoFanTexas

Farmer_John said:

^Well...one older manuscript lists 616 as the "mark of the beast" in the opinion of one man interpreting the document, however, there are many Greek texts that do not. Not to go too far off topic...

Wait a minute, are you trying to tell me that the all knowing, all seeing, all wise Wikipedia could be wrong???

Never!!! ;-)

madforLEGO

Lets steer this puppy back on track...

Anyone notice that the 4206 Recycling truck is now set to 'call for product availability' for the US cart at [email protected]?

Ypres

I buy everything from Starwars Lego to City sets... and MMV is (to date) my favourite set. The price is pretty much unbeatable in value, not to mention it'll rank high on the re-sale market. MMV comes with a great variety of minifigures (especially for someone like me who never bought Fantasy era Castle sets) with both new and old torso designs. The buildings are really in a class of their own... something you'd expect from a professional MOC designer. Everything from the cows to the giant tree make this set beautifully charming.

And if you care, the building experience is great too.

sidersdd

madforLEGO said:

Lets steer this puppy back on track...

Anyone notice that the 4206 Recycling truck is now set to 'call for product availability' for the US cart at [email protected]?

Oh, I didn't know it was still available. I haven't seen it forever at my LEGO Store, and I don't recall the last time I saw it at a Wal-mart either (it's a Wal-mart exclusive).

I always thought that set was about $5 too expensive. The garbage truck is great at $20, but I never could get myself to buy this set at $30. If it comes back in October for double VIP I may pick it up then. I don't think it's that appealing of a set and don't plan to stock up on it.

Renny

Seriously? Darn it, I wanted that Recycle Truck. I guess I better pick it up from Walmart then.

TheGuyWithTheBricks

All of the Lego set numbers that start with 666 are town themed...I knew there was a problem with that theme. I'll stick with Star Wars and let you town people be cursed.

Didn't check 616 yet.

Pitfall69

^Why do you think Lego produces so many Police and Fire sets? Lol

Pitfall69

FatMatt said:

^What zip code is 69?

Well...maybe you can use your global "positioning" system ;)

cloaked7

It's probably already been discussed in this thread, but so many sets are talked about I can't keep them all straight. Wondering about the Millennium Falcon, #7965. Is it on the way out? Is it a good time to buy what you can of this set? That is, thinking it will do well after EOL.

LegoFanTexas

cloaked7 said:

It's probably already been discussed in this thread, but so many sets are talked about I can't keep them all straight. Wondering about the Millennium Falcon, #7965. Is it on the way out? Is it a good time to buy what you can of this set? That is, thinking it will do well after EOL.

Maybe, but it is so obvious, everyone else reselling will be thinking the same thing. I have 2 of them, and that might be it for me.

richo

I think its quite considerably over priced at rrp. I could be a die hard star wars fan, but no way would I pay an after market price over £130.