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Predictions on Discontinuing Sets and their Secondary Market Value
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Comments
It can be filled with printed-tile Town Halls, Millenium Falcons and Death Stars...
I think the new movies will be a lot like marvels movies. Most ok. Some better than average and the occassional one possibly transcendent.
Also think it would be a good idea,and it would not even have to hurt resellers that much. Town hall and grand emporium a lot of resellers have stocked up but how many resellers do have café corners stashed away? That will only be a very small amount.
If they would re-release it then it could take some pressure of the other sets because the potential of a re-release will always be there. If they say make it 3-5 years unavailable before a re-release,then that would give resellers still time to get some profit.
Also with a re-release comes the option of small improvements. Am a bit torn on this one as big improvements would clearly devalue the older set and could upset lots of people who own one. Small improvements could be an option though,and maybe make an upgrade package available for people who have the older set?
Personally I don't hate the prequels as much as most people seem to. I can see where they were going with it, it just wasn't executed very well.
I don't know what to expect from these new movies. I'll be in the theater the day Episode VII opens though.
I can't help it. I. Am. Pumped.
Episode VII: A New Hope.
Except we all know that the Re-Sellers will be hoarding the printed-tiles. Very exclusive!
- 2000 Memento
- 2002 Insomnia
- 2005 Batman Begins
- 2006 The Prestige
- 2008 The Dark Knight
- 2010 Inception
- 2012 The Dark Knight Rises
- 2014 Interstellar
I liked all of them and loved most of them. If you have not seen Memento get off this forum and go watch it.Memento: Really sympathetically sad
Insomnia: Well that was dark
Batman Begins: Hopeful
The Prestige: Melancholy
The Dark Knight: Pumped
Inception: Confused as hell
The Dark Knight Rises: Angry
Interstellar: Really freaking fearful for the future of my children
He's an awesome filmmaker, but with that track record, I would never want him directing a Star Wars movie.
So, instead, this year I am going to TRY to watch ep1-3 several times to prepare myself for ep7. Worst case scenario, ep7 is not going to be as bad as ep2. Best case scenario, ep7 will look stellar compared to those 3.
Out of the ones I have seen, I can't help but rank The Dark Knight Rises as his weakest film, and I still enjoyed it.
To to keep it Lego, it is my opinion that the UCS MF never gets re-released anywhere close to its original exterior grandure. Maybe as a smaller play set version with an interior.
Completely agree with the points above - so many things now to capture a kid's interest for 5 minutes before they move onto the next thing. My nephews and nieces lack imagination. Star wars toys kept me interested for years, if I wasn't out on my bike or climbing trees with mates, I was playing with star wars toys.....until Transformers came along.
There was the rarity of some of the figures that made it impossible to get them all. Some of them I only ever saw the once and had to beg my dad for an advance on my pocket money when I came across them. :D
Lego a 'better investment than shares and gold'
Average Lego set has increased in value 12 per cent each year since the turn of the Millennium, providing a better return than mainstream investments
By Dan Hyde, Consumer Affairs Editor
6:00AM BST 22 Aug 2015
It may appear as no more than a popular children's toy, but investors were able to secure a better return buying Lego sets over the past 15 years than from the stock market, gold or bank accounts, a Telegraph analysis found.
Share prices tumbled on Friday, cancelling out all the gains made this year. The value of the FTSE 100 is no higher than it was in February 2000, meaning the average annual return to savers over the past decade and half is just 4.1 per cent once dividend payouts are included.
By contrast, Lego sets kept in pristine condition have increased in value 12 per cent each year since the turn of the Millennium, with second-hand prices rising for specific sets as soon as they go out of production. Modern sets are performing even more strongly, with those released last year already selling on eBay for 36 per cent more than their original price.
The analysis found none of the main investments favoured by savers matched returns on the plastic building bricks.
Savers who invested in gold received a 9.6 per cent annual gain over the past decade and a half, while those who went with a savings account or Isa generated 2.8 per cent, according to investment company Hargreaves Lansdown.
Some Lego sets that once sold for less than £100 now fetch thousands of the secondary market.
Many of highest prices are for old sets based around films such as Star Wars or landmarks or brands such as the Taj Mahal in India or the Volkswagen Beetle. But data from investing website BrickPicker.com showed even sets based on everyday scenes such as police stations and town roads are soaring in value.
The largest percentage rise in price for any Lego set has been on "Cafe Corner", a model of a hotel which went on sale in 2007. The set, which has 2,056 pieces, originally sold for £89.99 but the price has risen to £2,096 since it went out of production – a return for investors of 2,230 per cent.
Ed Maciorowski, founder of BrickPicker.com, said the top price would be fetched only if the Lego had been kept in its box, in perfect condition. Used Lego is less valuable, but can still be worth hundreds of pounds more than its original price.
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"The neat thing is that all sets are retired at some point, and several hundred are retired each year a movie run ends, a licence expires or the Lego company wants to refresh its range," he said.
"That means anyone with a set at home – large or small, it doesn't matter – could have quite an investment on their hands if it's in good condition, as this stuff appreciates very well in value."
Most second-hand Lego is traded and bought on eBay. BrickPicker pays eBay for a breakdown of sales and compiles its own database of values and growth rates.
Mr Maciorowski said tens of thousands of investors across the world were pushing up prices of rarer sets.
He said the growth rates would continue. "The Lego investing is not hitting bubble-like status," he said. "That is partly because the Lego company doesn't promote the secondary market, it wants to sell direct to customers."
Seve Lego investing tips from a pro
Ed Maciorowski from BrickPicker.com says:1 If you are interested in a particular Lego set, buy one to build and one to save for a rainy day. Even used Lego sets can appreciate to values higher than the retail price. Putting away a few large and exclusive sets to resell in years down the road can be very profitable.2 Limited edition and seasonal sets do very well in the Lego secondary markets. Any sets with short production runs usually appreciate well. The rarer, the better.3 Invest in Lego sets that were released after 1999. Pre-2000 sets were not really great investments. Many sets were basic and uninspiring. There are a handful of vintage sets that are viable collectables, but most have plateaued in value and many are in poor condition.4 Keep the Lego boxes, pieces and instructions in excellent condition. Save all the components pof a Lego set. Keep them in a dry and dark storage space. No sun ... no moisture. The better the condition, the more the set will sell for in future.5 Stack Lego boxes vertically like books. Horizontal stacking causes boxes to crush and seals to break.6 Size doesn't matter. Both small and large sets can appreciate very well percentage wise.7 Lego mini figures are very valuable.
Most expensive Lego sets
Set – release date – pieces (mini figs) – retail price – current value1 Ultimate Collector's Millennium Falcon – 2007 – 5,195 (5) – £342.49 – £2,7122 Cafe Corner – 2007 – 2,056 (3) – £89.99 – £2,0963 Taj Mahal – 2008 – 5,922 (0) – £199.99 – £1,8484 Death Star II – 2005 – 3,441 (0) – £249.99 – £1,5245 Imperial Star Destroyer – 2002 – 3,096 (0) – £249.99 – £1,467
Lego sets with biggest rises in value
Set – release date – pieces (mini figs) – retail price – current value – growth1 Cafe Corner – 2007 – 2,056 (3) – £89.99 – £2,096 – 2,230%2 Market Street – 2007 – 1,248 (3) – £59.99 – £698 – 1,064%3 Holiday Train – 2006 – 965 (7) – £49.99 – £574 – 1,048%4 Rescue from the Merpeople – 2005 – 175 (5) – £14.99 – £168 – 1,018%5 The Batboat: Hunt for Killer Croc – 2006 – 188 (2) – £14.99 – £167 – 1,011%[email protected]
Meh.
Will there be exceptions? Sure but how many people can afford to buy a set like DS or even Ewok Village as an investment? Most folks could afford a 100 USD set. The problem is many can also afford that set, causing a glut after EOL, meaning you are not getting your 'UCS falcon type' money (and people also forget that most of these sets are 7+ years removed from the market which is another reason why sets like it rise to incredible values).
Using sets that are 7+ years old, long since gone and likely gone for good, as examples to make their point of large gains is not telling the whole truth IMO. As more recent sets are not rising that quickly (The occasional TH and HH aside which again are pricey sets at retail for the average joe to buy one or two of). This also does not account for the now possibility of a re-release (or production of a new set of that design that is better designed) driving down the price of that Turbo tank you bought 5 of in hopes of making your '1000's of dollars'. IMO It also just speaks to me potentially reckless behavior endorsed by those at certain websites. I chalk most of this to be no better than those real estate 'gurus' that hold seminars to teach people how to make '1000's' in the real estate markets, when they are in a room with 100's of other folks looking to do the same. More supply = less demand = less bucks.
In the end though, I have to wonder if LEGO really hates such articles. What better way to get people to buy a ton of your product than to see articles like this come out to get those to buy more of it as 'investments'? It really does make you wonder about if LEGO has a mixed stance of resellers. Big and small 'R'; Quickflipper, and non-quick-flipper alike.
Because, lets face facts, even the apparently now infamous example of the first minecraft mini-scale set made a LOT of press for LEGO as a 'must get' toy (which definitely attracts more buyers than removes). Same when the Research institute was out and impossible to find most times. I doubt LEGO hates it when such sets sell out immediately, they get a lot of press when such things occur. Otherwise I doubt you would see sets with limited release that are exclusives to certain stores.
First, Disney would have to approve that...
Second, even if they did, it is just a YT-1300... there are millions of them in the SW universe, Han can always get another...
Moving over to Star Trek DS9, the Defiant was destroyed in a space battle near the end of the series. A replacement ship was provided and renamed Defiant so they could reuse the CGI and for continuity.
So it could be destroyed, and Han just gets another. We all love the Falcon, but just remember... it is just a ship...
And I've also been told that the mere existence of a sequel will drive up the value of the first movie's sets.
(I made one up, and I don't believe the other!)
However, I would not be surprised to seem many folks still having stocks of these
That is a good point, and even if there are not many out there, I doubt the demand will be as such to raise the price dramatically. This is not the SW OT we are talking about, this is a LEGO movie that I'm guessing many have forgotten about already.
Of course, there's always the risk that the demand will be less than even a small supply.