Advice on how to sell and value of Harry Potter mini statue

Hazzaf

Hey guys, I was just wondering if anyone could give me a estimate on how much my Harry Potter statue will sell for and what the best way to go about selling it is? It's in perfect condition and have paperwork of as proof I won it from a Legoland competition. Also may be worth mentioning I live on an island off the coast of England so postage is a challenge. Thanks in advance

CoraHarrison

Try Parcels2Go for postage, or a specific courier. 

This is so cool, I wish I could take it! :( 

Hazzaf

Haha thank you:) I have no idea how to sell it though!

CCC

Put it on eBay, you're likely to reach the biggest audience there.

crazycarl

I wont let my wife see this one ;->

samiam391

This is the sort of item that I'm interested in, but I don't know what price you are looking for... and considering this is a valuation thread I'm not sure you know what price you want either ;)

Hazzaf

Yeah I thought eBay but reserves are expensive and yeah I don't know it's worth :(

samiam391

What's the height of the model?

CCC

Why do you need a reserve? Name your price and start it at that. Sure, they'll take 10%, but that 10% is often worth it as a finders fee on items like this.

Phonebooth

I bid on a similar item in a charity auction that ended up selling for around £25.

theLEGOman

Lol, i'll offer £30 then.

ryjay

Well, it is a pretty unique item, so for starters what would you want for it? You dont actually have to offer to sell it, just state what you'd like to get out of it as a minimum,  If you get a lot of responses from people here, then you know there is an interest in it and the price should go up.  And at the price you state, no one has an interest, then you've valued it too high.

I think L30 is too low, and I don't even know how much that is, lol.

woony2

Whilst I'm not a massive Harry Potter fan I do like a good sculpture model.
I think you'll have to provide a few more details so that people can offer advice on a price range. I assume it is fully glued. Other good info would be dimensions, weight (if possible), more photos, which pieces articulate, number of pieces if known, year you won it.

Hazzaf

I'll have to measure it tomorrow, but yeah it's fully glued, I don't believe any pieces articulate but I'd have to check and I'd also have to check the letter for the pieces, probably almost ten years ago now. Thanks for all the feedback though guys and yeah 30 is undoubtedly too low, it was valued in the hundreds on another forum.

pharmjod

I would think it not unreasonable to expect a minimum of $300-$500ish (USD). Perhaps more. It is hard to tell, but I'm guessing it's roughly 2 ft tall.

Hazzaf

Yeah I'd say about that, I'll measure it in the morning and let you guys know

danstraindepot

I don't like Harry Potter (Sorry) But in my humble opinion I think its worth far more than $300-500.00 USD.  I would pay double that at least if it was a Super Hero sculpture with paperwork to prove it was authentic.   I have a feeling this could go really high if it was properly marketed on eBay.

Phonebooth

If it's worth $300-$500 as a finished, glued model, I'll happily make one with brand new bricks and ship to anyone that wants to pay that price!

graphite

Looks like he is of similar design to the one I picked up the other day with the same circular base.
http://www.bricksetforum.com/discussion/comment/352945#Comment_352945

danstraindepot

Lets not try to pretend that there is not more value here as a Legoland exclusive prize with paperwork, than simply a 'glued' model.  That's like saying why would you pay so much for the SDCC figures, I'll make you a custom one for half the price.

david325

In the end it's worth what someone is prepared to pay. So you could list it on eBay with a reserve, the price you'd be prepared to accept, start it at 0.99 and see what happens. Then you'll find out what the open international market believes your item is worth today.

Otherwise, this tennis match could go on indefinitely...

SuperTramp

Put it on ebay with buy it now with £1k best offer, make sure to take some good pictures of the model and paperwork.

See how it goes. you get no hits, keep lowering the price £100 and so on.

david325

^ this scenario would work, but you'll probably spend a good part of your life declining ridiculous offers. It'll keep costing you in fees to relist and if people work out if it doesn't sell you'll just relist at a lower price, then they'll just wait.

SuperTramp

Costs next to nothing to list on ebay. don't exaggerate. i know more than most how it works.

Not Lego i know,

Heres how it goes on bidding

http://www.ebay.co.uk/itm/RARE-Gunlord-Dev-Team-Neo-Geo-AES-NEW-/141606557541?pt=FR_Jeux_Vidéo&hash=item20f8689765

On buy it now

http://www.ebay.co.uk/itm/NEW-Gunlord-NG-DEV-TEAM-1098-Neo-Geo-AES-Japan-/281373262662?pt=LH_DefaultDomain_71&hash=item4183274346

Almost £300 price difference.

I know what id do

david325

Don't exaggerate? What maybe next to nothing to you maybe a great deal more to someone else. Anyways.

Maybe I missed the point of this thread, but I'm sure it had to do with finding out what something was currently worth, not what one crazy person was prepared to pay.

But like you said, you know more than most about how it works...

SuperTramp

Yes don't exaggerate,

This is what you said

'but you'll probably spend a good part of your life declining ridiculous offers'

A good part of his life really? lets not forgot the auto decline feature

Also you said

'It'll keep costing you in fees to relist and if people work out if it doesn't sell you'll just relist at a lower price'

It costs next to nothing to list on ebay if nor free, yes when it sells you'll pay through the nose but thats different.

& yes i know how ebay works more than most.

david325

Unfortunately I haven't got the time to ask you to prove your points as I have loads of ridiculous offers to decline and relisting my 10,000 items every week is costing me next to nothing...

SuperTramp

Auto decline and the 30 day cycle is your friend.

Legoboy

SuperTramp said:

Put it on ebay with buy it now with £1k best offer

....only for someone to submit into our 'ridiculous eBay auction' thread.  ;)

SuperTramp

Yeah maybe.

Put it on ebay for £100 and watch it sell within the hour.  That way it'll end up in our 'brag thread ;)

Legoboy

Looks like someone did.  ;)

http://www.bricksetforum.com/discussion/comment/354422/#Comment_354422 

SuperTramp

Yeah i saw.

it's not really in the same league has the one above though but still nice try.

Did yours also come with the paperwork?

Also just because you paid £50 two years ago doesn't mean the one above is worth that, I really don't understand why you posted your picture, to prove what?

im sure someone will 'like it' though ;)

Legoboy

Oh you saw that did you?  Marvellous.  Posted a picture to brag that I obtained a dwarf Harry for less than £50 that few others can do.  Obviously.

No, smaller and without a sword but yes, purchased direct through a brand store so have paperwork.

You should know me by now, I have nothing to prove.

danstraindepot

The best advice was in the third post "Put it on eBay, you're likely to reach the biggest audience there. "

I only chimed in because I did not want someone to undervalue it just so they could steal it from some poor guy who won it in a contest and does not know the true value.

I happen to know a bit about how eBay works as well....  I'd agree with the Buy It Now statement, except its really hard to place an actual value on something like this.  I have also seen many times where bidding gets carried away on an unique item and sells for more than anyone would have imagined.

My two cents, only trying to help.

Istokg

I have to agree with danstraindepot....

Also if you put it up for a 30 day auction... you can start high (with a "make an offer" option).... and update your item in EBAY (for free) maybe once a week by reducing your price.   That way you have absolutely no additional fees within the first 30 days.  If it doesn't sell... then you may have to pay a minimal "relist fee".... but I bet that you will get a decent offer.

LEGO glued display models have quite a limited market... but there is a growing group of niche collectors out there that are interested in these models.  The earliest of these models go back to about 1957, and I'm working on several new chapters in my Unofficial LEGO Sets/Parts Collectors Guide to display many of these models decade by decade.  
http://www.bricksetforum.com/discussion/19721/the-largest-assembly-of-lego-display-models#latest

In the earlier years... TLG sold the models to retailers, and there are some retailer catalogs available.  But since the 1970s TLG kept ownership of these models, although they had a poor record of demanding them back... and we are grateful for that.

In the early years most glued display models were buildings.... today they are often large scale figures.

I know several big collectors of display models, and one of my Dutch LEGO friends (Henk) just yesterday released this image of the restored facade of a very photogenic 1959 German half timbered house....




Also.... one reason that retailers don't like giving the models back... is because they get offers from some customers and resellers, and also don't want to see the models destroyed... which is the modus operandi with all old glued LEGO models... either from retailer displays or at LEGOLAND parks.   Sadly.....   :'(

drdavewatford

danstraindepot said:

The best advice was in the third post "Put it on eBay, you're likely to reach the biggest audience there. "

Agreed - that, and also "In the end it's worth what someone is prepared to pay."

Istokg says, I suspect that LEGO glued display models have quite a limited market.

Hazzaf

Thanks for all the advice guys, I'll probably put it on eBay in the next few days, didn't mean to cause any arguments just wanted some advice from people who know what they're talking about :)

Phonebooth

Hazzaf said:

I'll have to measure it tomorrow, but yeah it's fully glued, I don't believe any pieces articulate but I'd have to check and I'd also have to check the letter for the pieces, probably almost ten years ago now. Thanks for all the feedback though guys and yeah 30 is undoubtedly too low, it was valued in the hundreds on another forum.

If you already received a valuation in another place, why ask here? 

Hazzaf said:

Thanks for all the advice guys, I'll probably put it on eBay in the next few days, didn't mean to cause any arguments just wanted some advice from people who know what they're talking about :)

Honestly, it's a bit of a rude move to ask for help, receive genuine feedback and then complain about the price being too low.

•  I was dead serious about seeing a very similar one sell from LEGOLAND for around £25; 
• @legoboy didn't have to share what he paid for a similar piece.
  

Congrats about winning it in a contest and then turning around and trying to sell it for max value.  I'm sure everyone else in the contest are thrilled that it went to a good home.

Probably safe to close this thread.

Hazzaf

Sorry I don't want to get ripped off, it has more value to me than 30 quid, so why would I sell it for that? And I asked on another thread months ago and got one reply, I'd rather get more answers than that. I enjoyed the statue when I won it and when I was a kid, then I grew out of Lego and decided it's a waste for it to be sat in my spare room, and I fail to see why that's such a problem and I also fail to see why you're so salty. Incredibly immature considering I only came here to ask some people a couple of questions...

danstraindepot

Its not a problem.  You have enjoyed it for 10 years, and now want to sell it.  Congratulations.  Don't worry, you'll do very well with it I am sure.  Do us a favor and let us know how it goes! 

We won some items from a contest, and I have no plan to sell them.  That being said, in 10 years if my kids want to sell a few things to pay for something important to them I think it is fine.

I think it was a smart move asking for advice.   Just ignore the bitter stuff.

roxio

Have you looked into using something like Vectis as a platform?

Phonebooth

Hazzaf said:

Sorry I don't want to get ripped off, it has more value to me than 30 quid, so why would I sell it for that? And I asked on another thread months ago and got one reply, I'd rather get more answers than that. I enjoyed the statue when I won it and when I was a kid, then I grew out of Lego and decided it's a waste for it to be sat in my spare room, and I fail to see why that's such a problem and I also fail to see why you're so salty. Incredibly immature considering I only came here to ask some people a couple of questions...

The point being is that you requested help, people gave what you asked for, and then took heat for it.  You don't seem to want to know what a similar product has sold for in the past.  You should have simply asked how can I get the maximum value when selling.

These are similar yet very different requests.  People are trying to help you, be appreciative even if the answers are not what you want to hear. 

Hazzaf

Yeah I came here to ask for help not to have a petty argument with someone, thanks to everyone who offered advice I'll post in the thread about how it goes :)

theLEGOman

So £30 + postage is about right then ;), man i'm good.

ryjay

Hazzaf....good luck with the item, I'm will be curious as to what you get for it.  I think it is pretty cool.    But don't be in too hurry to sell it, price it  high just to gauge interest at first.  Buyers for stuff like this aren't going anywhere, plus there is not an endless well of these on the market