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It's been mentioned before, but the sheer amount of new sets per year (many of which are rehashes in City and Star Wars) is a bigger hurdle for the sustainability of the aftermarket than the increase in resellers and stocks of retired sets.
Baseball cards are made to look pretty and sit in a binder, pure and simple.
Toys, other the other hand, are played with. You will have kids today that will relive their youth of yesterday, which is another reason why toys from 80's go for so much now. This will not change. Are there those that stack boxes? Sure, but as stated many MANY times in the past that is a drop in the bucket compared to the number of people that buy and open the sets.
I think FB is a good example of how the market still has demand even though FB was out forever (in terms of normal timelines) and was on sale many years of its run, and everyone saying "why would i buy a FB when I can get another mod?', etc etc.
But Yet FB is around 250 right now, about 4 months after its run was over.
EN was on sale for 75 dollars at LEGO (and about 89.99 everywhere else) so they could get rid of remaining stock and jumped to about 200 after it was gone and it is sitting at about 300 right now.
Maersk train is stubborn but still well over its RRP when it was out.
The other point is the Baseball market killed itself with more choices and all the 'limited' and 'hard to find' chase cards.. Again for something that cannot be 'played with'. Baseball cards of the 40s, 50s, and 60's are rare because kids PLAYED with them (put them in spokes, traded them, parents threw them out, etc. And in the 80's there werre plenty of guys with large bankrolls that wanted to relive their youth.
The 90's made it int an investment for all same with Comics.. again meant to be read and really the market follows the BB card path above.
It seems like LEGO is getting close to this occasionally, but again it is a TOY, and many of the sets are not exactly conductive to hording away (size of Boxes for larger sets like Mods especially) so there is always a demand. Whether it is someone who wants that EOL set for their kids 10th B day, or they are out of their dark ages and want to relive their youth, or just have the income to catch up on Mods for example.
The caveat to this is if LEGO ever decides to start doing widespread re-releases all EOL sets, then you would see issue. However, that does not appear much likley to occur.. With SW it likely will because they only have so many sets to put out there. But for other retired sets not SW. Unlikely IMO
Oh, and I REALLY love Lego :)
A specific set is unique, unlike playing a sport is not.
Where as old sealed Starwars Action Figures, Baseball cards etc are now days a collector item with the majority being kept in the same condition that they were received in.
I know it's a little set but do castle themes resell quite well?
I'm new to reselling so any advice is greatly appreciated.
As a set to expand a castle it is reasonable but not great due to the minimal size. It is a small army expansion pack, but the other one at £4 is better for that.
At £8 I'd buy a few for personal use, but not for resale.
I did manage to get all the #75002 the other day as at £9 for star wars I thought that was too good to leave on the shelf. Other items my store had included...
Any thoughts on these?
@ccc or @dad?
BL prices for olive parts look good, but bear in mind there are loads of these cheap sets and you have to go way under six month average to sell them.
I may sit on the star wars for a bit. We shall see.
Do you think that #75002 would do good in longer run If you have bought it for £8 - £9?
It just seems a little smoother to invest 10K into a really good stock than buy 50 Imperial Shuttles, store them appropriately, wait a year, and them spend time selling them on various websites. It might not seem like much time is consumed to buy, sell and pack sets, but if you do enough it will take a lot of time.
I'm not criticizing reselling, I still do it too, mostly because I still love Lego, but I am spending much more time looking at other opportunities to make money now.
Thus ends my caring about Chima.
In my fairly limited experience, for smaller sets it is the generic army builders that sell well as you can sell multiple sets to one person, so they get a break on the postage costs too. Uruk army, SW battle packs, etc. Compare the number of people that want ten Yodas to those that want ten stormtroopers.
I sold (1) Imperial Shuttle and (2) Maersk Trains. Very little work for me.
Someone at TLG was using peyote when they came up with this theme...
Two acronyms added to my vocabulary in one day. And just when I thought I was fully learned in the art of acronymizing everything LEGO related. Now I will go sell some recently EOLed FBs to earn money to BL some MOCs with a lot of SNOT and BURPs and LURPs to bring to the next AFOL convention or at least a LUG meeting. Hopefully, I won't get too many NPBs, else I'll have to leave them negative FB.
4 figures, 3 currently exclusive.
501st Legion trooper will be gold if not done again. Could sell as armies of the AT-RT with 501st.
Yoda will always be in demand, though sales would be individual.
Battle droid and Droideka = army sellers as well.
If not parting out then once EOL I'll be expecting £30+
I didn't look at it from the point of parting them out. Which would be a option too in the future.
I've got about eight at the moment just wasn't sure if there is a point to get more.
Maybe I should.
-How big of a discount can I get it for?
-Is it an exclusive or iconic vehicle?
-Does it have any unique figures of iconic characters?
-Has it been done before and will it likely be done again?
Even sets that hit all four of those notes are not a guaranteed buy for me, but these are the benchmarks I feel must be met before I even considering stocking up on something.
A few year's I bought any SW set at 30% off, now I'm a lot more careful.
I thought that #9526 was one SW set that would do pretty well, and almost purchased a couple back in December. The high RRP for this set caused me to hesitate, and it ended up being a good decision to wait. Those who purchased them at or near RRP will certainly not do as well as they could have after yesterday's TLG sale. I think resellers were backing up the truck last night based on how lethargic my my computer was acting while I was trying to place my order. Heck...I assumed (based on the mini-sale back in December) that this set was gone until I saw them show back up on TLG's website for 50% off last night.
RRP is $200 AUD here. I paid $110 for mine, but it is widely available for $160.
Which option do you think will garner the higher income? Sell now before the new agents sets are mass marketed or wait until the new sets are out and kids want the old ones as well?