Please use our links: LEGO.com • Amazon
Brickset.com is a participant in the Amazon Services LLC Associates Program, the Amazon.com.ca, Inc. Associates Program and the Amazon EU Associates Programme, which are affiliate advertising programs designed to provide a means for sites to earn advertising fees by advertising and linking to Amazon.
As an Amazon Associate we earn from qualifying purchases.
6 jedi sf (@$50 ea)
I still buy tons of unopenned stuff, although I find myself cutting back a bit in favor of this method. I see it as "diversifying" my portfolio, so to speak. Anyone else doing this? I'd be interested in hearing successes/failures. Also interested on whether this might be a more stable approach as you are selling to collectors and that the "bubble" may not apply as drastically as it would to unopenned stuff. Thoughts?
Home One 1
I did buy a few "Tub" collection last year, but at SEVERE discounts as you can never verify completeness of anything and the time to break it out is huge. The best one had a CC and GG in it. I am in the process of breaking that one out.
I have found that the time I spend chasing down sets at a discount is almost equal to the time I spend verifying completeness of sets, photoraphing them and posting them on Ebay.
And let it be known that the FBs have already been collecting dust for 18-24 months. I bought these a year after I loaded up on GG thinking it would be a once a year venture on the modulars, rinse-and-repeat so to speak. Then TLG changed the retirement plan. :(
I actually think this helps sustain the reselling market in a way. There are only so many people who have the ability to buy and store a large # of large sets. The changes with the retirement pattern (or lack thereof) will cause some to walk away from re-selling altogether given the risk of buying and potentially needing to hold a set has increased. Or at least not buy as many of any given set.
As has been stated before, this isn't as easy or simple as I think some people believe.
I may very well be sitting on those DS's for another 5 years for all I know. I do, however, disagree with those that think it will be a slow climb once retired. I expect it to double. Quickly. Of course I am talking my own book. ;)
I agree with this too. I have been sat on the above for over 2 years now easily as well as lots of others. The good times are still there without doubt but they will be harder to predict. I am only small time / part time but carry £25k stock at RRP. Regardless of what you are buying and selling you have got to make your own decisions and timing is crucial. Plus you have got to get your name out there in different places to everyone else. I have smaller sets in a couple of shops around where I live that turn over quietly away. My daughter started school this year and I did 6 or 7 sales for Christmas through school and have done a couple of sales to neighbours. Once you gain that trust things will only grow. What many people don't realise is that you are ultimately running a business and you have to make crucial decisions.
For the record I believe DS will be +50% within 2 months of retirement. Saying that, I have had 40+ of some sets at times but I won't be buying anymore DS's!!
Interesting DS data for comparison:
A) Death Star II (10143) - couple of eBay sales north of $1,000 for sealed sets past few months. Retail price $270. Lifespan 16 months. Few parts, and no FIGS.
B) Current active Death Star (10188) - available for $360. Lifespan ?. More parts, and a boatload of FIGS.
DS (10188) I think has been purchase far more for resale than DS II (10143) ever was.
Just my thoughts...
0 Death Stars ( I think this will be around for a long time)
Also, I have to go back to the belief that there aren't that many people that are willing to stash away 100, or 50, or even 20 $400 sets. So some may be overestimating the amount of DS stockpiling out there. And I imagine that some people that have sat on these for a couple of years just dump them at Christmas to free up cash flow.
Someone mentioned a few pages back that perhaps the pendulum on DS has swung too far the other way. I myself am in the pessimistic camp that this could be around for another 5 years or more. And we all joke about it never retiring. But what if we wake up one day soon, and poof, it has disappeared. In that scenario, $1,000 w/i 12 months seems perfectly feasible to me.
On the flip side, it has been out for such a long time that a large number of those who may not have purchased a $400 set normally may have done so by now. It will be interesting to see.
I can remember standing in the Michigan Avenue TLG store with my brother debating spending $500 on MF. He tried to talk me into it and I passed. It EOLed 2 weeks later and I never got my copy. While there may be less examples like this with DS, there will be some.
To that end, I am just as confident that 10188 will be outperforming 10143 within two years of EOL as I am of 10188 hitting $600 within weeks of EOL.
ALL MISB :-p
Used collections takes up too much time. If you don't have a wall organized with bricks, picking and accounting for pieces is exhausting. I've set on my buttocks in a nice comfy leather chair cherry picking pieces to complete sets and it still hurts. Plus you have to wash and dry them used collections. Not worth my time unless I'm old and retired with nothing to do.
We all "know" that once sets such as the modular buildings, Taj Mahal, Tower Bridge, etc. are EOL'd, they will never be remade. Same is also true most likely for UCS sets. TLG could always decide to produce a new DS playset.
Either way, you are guaranteed a nice $30 for each #10229. So why not?
And as they always say, "profit never hurt anyone".