Are discontinued Lego sets more valuable than gold?
A new study has estimated that some discontinued LEGO sets are more valuable than gold.
Do Lego sets appreciate in value over time?
The New York Post reports how the study—conducted by a group of researchers at the Higher School of Economics in Moscow, Russia—found that retired LEGO sets increase in price over time, giving them not only a “high collectible value” but the ability to appreciate more than stocks or even gold.
What is the lifespan of a Lego set?
During Lego’s 86 year life as you would expect many much-loved sets have been discontinued. This has led to a market for retired sets which are particularly coveted.
Are Legos worth anything?
Legos are now sold in over 140 countries. Some Lego special editions, such as the Taj Mahal or the Eiffel Tower, were only released for a short time or were discontinued after a few years, and have now become rare and valuable collectors' items. Collectors pay the highest prices for sets in mint condition.
Why are LEGO sets so rare?
How much does a LEGO set cost?
What is the fun of putting together a Lego set?
How much does it cost to get a piece of magic?
When were LEGO bricks invented?
Is there a special edition Lego set?
Do Lego sets stop selling?
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Are Lego sets worth more unopened?
A brand-new, sealed Lego set can be worth up to 10 times as much as one that has been opened. Just remember, values can fluctuate pretty fast in the Lego market. Prices that once were way up might go down. These are the most expensive Lego sets.
Do retired Lego sets go up in value?
According to the research published in Research in International Business and Finance, retired LEGO sets grew in value by 11% annually between 1987 and 2015, which outpaced stocks, bonds and gold. Simply put, LEGO sets function as a commodity, meaning that they're printed in a limited amount and are therefore finite.
Are old Lego sets valuable?
The team found that the most valuable LEGO set is the “Space Command Center.” Back in 1979, it sold for $24.99. But now it's worth around $10,400. The second runner-up is the 1978 LEGO Castle, which can go for upward of $6,300.
What Lego sets are worth the most money?
SummaryDeath Star II – $1,972.Limited Edition Batman Announcement Set (Comic Con 2005) – $1,720.Star Wars V.I.P. Gala Set (Vader) Lego Toy Fair 2005 – $1,672.Imperial Star Destroyer – $1,600.Eiffel Tower – $1,455.Rebel Snowspeeder – $1,421.Rebel Blockade Runner – $1,330.Darth Maul Lego Head – $1,255.More items...•
What LEGO sets are the best investment?
Top 5 Lego® Investment Sets 2022 under 50€Lego® Star Wars™ 75319 The Armorer's Mandalorian™ Forge.Lego® Star Wars™ 75299 Trouble on Tatooine™Lego® Harry Potter™ 76395 Hogwarts™: First Flying Lesson.Lego® BrickHeadz 40367 Lady Liberty.
Is collecting LEGO sets a good investment?
According to a study published this week in the journal Research in International Business and Finance, some rare toys like retired LEGO sets can grow in value at a rate as high as 11% per year.
What is the rarest Colour of Lego?
In 2016, Brick Odyssey found that the chrome black Darth Vader helmet was the rarest Lego color. This is a color that appears in a single set, the Chrome Darth Vader, a promotional polybag released in 2009 with a limit of 10,000.
What Lego minifigure is the rarest?
The Boba Fett Collection Firstly, they were given away at the San Diego Comic-Con and Star Wars Celebration V convention in 2010. Secondly, only two of the 14-carat gold Boba Fett Minifigures are known to exist. Definitely making it the rarest of all LEGO Minifigures ever.
What is the oldest Lego set?
The First 15 LEGO Sets Ever Made (With Years)6 VW Auto Showroom Featured The First Licensed Brand (1957) ... 5 VW Garage Continued A Theme (1957) ... 4 Boats Branched Out To Sea (1961) ... 3 Wheels Introduced Movement (1962) ... 2 Train Started A Long-Running Line (1964) ... 1 Gears Made Things Technical (1965)More items...•
Is Lego worth more than gold?
Investing in Lego is more lucrative than gold, art and wine, according to a study. It found that the market for secondhand Lego rises in value by 11% annually, which it says is a faster and better rate of return than gold, stocks, bonds, stamps and wine.
What is the most sort after LEGO set?
Most Valuable Used LEGO Sets4000014 The LEGOLAND Train. Theme / Subtheme Exclusive / LEGO Inside Tour Exclusive. ... 106 UNICEF Van. Theme / Subtheme Town / Promotional. ... 1310 ESSO Filling Station. ... 10179 Ultimate Collector's Millennium Falcon. ... 1308 Fire Station. ... 1307 VW Auto Showroom. ... 10143 Death Star II. ... 10040 Black Seas Barracuda.More items...
Why are so many Lego sets out of stock?
Due to the pandemic, Lego's supply chain is disrupted. One of the factories in Mexico is currently closed, so they are having to share the sets made in other factories with the markets normally served by the closed factory. Also, yeah, demand is likely higher due to everyone being home.
How do I sell my retired LEGO sets?
Where to sell your Legos (and buy them)BrickLink. BrickLink is a dedicated buying/selling Lego website, so if you want a large community that's all about Lego sets and minifigures, start here.Brick Owl. ... eBay. ... Facebook groups. ... Bricks and Minifigs. ... Yard sales. ... Thrift stores. ... Private sales to friends.
Do Lego Star Wars sets go up in value?
Up until now, there has been a lot of debate as to how the “up to 25% increase” would stack up, and now thanks to Barnes & Noble, the expected pricing of several existing sets has been all but confirmed....LEGO Star Wars price increases.Set NameUCS AT-ATNew Price$849.99Original Price$799.99Percent increase6%12 more columns•Jul 10, 2022
Is LEGO a better investment than gold?
A new study from a Russian university finds that LEGO sets can be a lucrative investment, rising in value by 11 percent every year, a faster and better rate of return than gold, stocks, bonds, and wine.
What does LEGO retiring soon mean?
Retired Lego Sets are sets that have reached the end of life (EOL) production with Lego. The Lego sets are typically available for a short period of time, and then they stop making them. This is actually a good thing, as it allows Lego to make new sets every year and keep the product fresh as sets are retiring soon.
Why are LEGO sets so rare?
While there are many rare LEGO sets that were released worldwide and are simply rare because of their age and condition, there are some that were only released in certain places and are super rare because of that.
How much does a LEGO set cost?
A dedicated LEGO fan who seriously wants to spend the time putting together these 3,000 pieces can expect to pay around $400 for the set! A sealed one in its original box can even be up to $500.
What is the fun of putting together a Lego set?
A big part of the fun of putting together LEGO sets is the fact that it allows the builder to step into a fantasy world for a little while while they express their creativity with these small, plastic blocks. One world is the LEGO Pirates world with sets like this Imperial Trading Post.
How much does it cost to get a piece of magic?
The price to have a piece of this magic? Up to $1,700 if it's in the box! And out of the box? It still costs around $600.
When were LEGO bricks invented?
Every brand has to start somewhere, right? For LEGO, that start came with this set of Automatic Binding Bricks. They were invented in 1949 and were exclusively sold in Denmark, where LEGO originated.
Is there a special edition Lego set?
Plus, some special edition LEGO sets aren't even sold to the general public! Between special edition LEGO sets and LEGO sets that have been retired, there are a lot of really rare LEGO sets out there. Whether it's one that was sold several years ago before being retired or one that was only given out at a special event, ...
Do Lego sets stop selling?
There are so many LEGO sets out there and LEGO is always releasing new sets, which means that they have to retire some sometimes and stop selling them. When this happens, LEGO enthusiasts who really wanted that set and unfortunately didn't buy it when it was on the shelves can get pretty disappointed.
Why are Lego sets valuable?
Some of these sets are valuable due to their limited availability, such as the Lego Inside tour sets.
What is the versatility of Lego?
The versatility of Lego means that there is something for everyone, from child to collector. The range of products has expanded hugely over the years. Alongside generic brick sets there are a huge number of different ranges and themes. These include licensed lines such as Harry Potter, Minecraft, or Ghostbusters alongside Lego’s own ranges such as ...
How many sets of Lego Inside Tour are there?
As with all Lego Inside Tour items, this was produced in 4 sets of 80, one for each of the tours.
What is Lego known for?
They are best known for their interlocking brick toys, known as Lego. The company was family owned and remains so to this day. Lego is a timeless and ageless product, from young children through to adults, fans of the bricks come from all spheres of life. The versatility of Lego means that there is something for everyone, from child to collector. ...
How many mini figures are in the Police Unit set?
I’ve included it here for its novelty value and random context. It’s actually quite a decent set on the face of it. It contains a couple of Police vans and 4 mini figures.
How many sets of modular buildings are there?
The modular buildings sets are part of the Creator series and are large detailed buildings which connect together. There were 9 sets in total and most cost around $150 at the time of release.
When was the Lego Market Street set released?
Via The Plastic Brick. The Lego Market Street set is part of the Modular Buildings set and was released in 2007. It can be combined with other buildings including the Cafe Corner, Grand Emporium, Palace Cinema, and Pet Shop, to create a town.
How long does it take to get a good deal on a Lego set?
For the collector, the sweet spot is usually to get a good deal is a clearance or sale 6-18 months after introduction. For an investor, they’d like to acquire as many of the target set as possible, at the best price possible, nearest to the most rapid price rise – just like the stock market. The ideal investment time is a clearance sale on a retiring lego set , but this isn’t always possible. In most cases, you’ll need to find a balance of clearance and retail prices when finding your inventory.
When Should You Sell Your LEGO?
In the Amazon US toy category, a sales rank of 50,000 equates to about 3 sales per day, 100,000 rank to about 1 sale per day.
Why is Brick Picking a Good Idea?
What is brick picking? Well, brick picking is similar to stock picking. You pick a LEGO investment based on the attributes above and take opportunities to buy in at low prices when presented. The older the set, potentially the more urgency and volume you’d like to take on even a 20% off sale.
How to get LEGO alerts on Twitter?
Ready to get Tweet alerts sent straight to your phone? Follow @brickscanner on Twitter, turn on notifications, and watch the alerts roll in 24/7. You’ll get alerts on LEGO deals, new releases, and in-stock notifications for retiring sets.
How to see popularity of a set?
Typically popularity early in the life of the set translates into popularity in retirement, thus price premium. A way to see popularity is to check Amazon sales rank – either via Keepa or in the product details section of Amazon.
What is a retired Lego?
Retired LEGO sets are sets that LEGO has discontinued and no longer produces. Typically, LEGO introduces several new sets a month across all their themes. These sets are on store shelves and available online for about 18-24 months — give or take. After that, they are no longer produced, a.k.a. “retired.”.
When is the quick flip for LEGO?
When it comes to LEGO, the quick flip is usually a great option during temporary surges in demand, like the Q4 holiday season, or retiring LEGO sets that are starting to go in and out of stock.
Why are Lego sets so expensive?
There are a lot of reasons why the most expensive LEGO sets are so pricey. Some of the most expensive Lego sets (e.g. massive Star Wars sets or the Taj Mahal) are worth a lot because they’re massive, challenging to put together, and/or particularly impressive in their finished form. Other original LEGO sets are worth a lot ...
How much is the LEGO Creator set worth?
It’s a work of art that sells for nearly $1,500.
How much is a 14k Lego brick worth?
While LEGO lore (get used to that term) tells of employee exclusives, such as a solid-gold 14k Lego brick valued somewhere between $9,000 and $14,000, we’ve kept this list to models, sets, and Minifigures that are, or once were, available to the general public.
How many Mickey Mouse minifigures are there in the Magic Kingdom?
It includes five minifigures, including Mickey Mouse, Minnie Mouse, Donald Duck, Daisy Duck, and Tinker Bell, all of which include their own signature accessories.
How much is the Millennium Falcon worth?
“We’ve sold these sets for prices ranging from $3,400 to $5,700, ” Ijken says. However, a pre-released version that came out in 2017 has devalued the set, according to Malloy.
How many pieces are in the London kit?
Recreating one of London's most famous squares, this 1,197-piece kit commemorates landmarks like the National Gallery and Nelson’s Column.
When was the LEGO Milk Truck released?
7. #1952 LEGO Milk Truck. Released in 1989 , this LEGO vehicle set debuted in Denmark to promote the Danish dairy company MD Foods. While it only contains 133 pieces, its niche availability, and subsequent rarity, make it one of the most sought after “oddities” in LEGO land.
Why are LEGO sets so rare?
While there are many rare LEGO sets that were released worldwide and are simply rare because of their age and condition, there are some that were only released in certain places and are super rare because of that.
How much does a LEGO set cost?
A dedicated LEGO fan who seriously wants to spend the time putting together these 3,000 pieces can expect to pay around $400 for the set! A sealed one in its original box can even be up to $500.
What is the fun of putting together a Lego set?
A big part of the fun of putting together LEGO sets is the fact that it allows the builder to step into a fantasy world for a little while while they express their creativity with these small, plastic blocks. One world is the LEGO Pirates world with sets like this Imperial Trading Post.
How much does it cost to get a piece of magic?
The price to have a piece of this magic? Up to $1,700 if it's in the box! And out of the box? It still costs around $600.
When were LEGO bricks invented?
Every brand has to start somewhere, right? For LEGO, that start came with this set of Automatic Binding Bricks. They were invented in 1949 and were exclusively sold in Denmark, where LEGO originated.
Is there a special edition Lego set?
Plus, some special edition LEGO sets aren't even sold to the general public! Between special edition LEGO sets and LEGO sets that have been retired, there are a lot of really rare LEGO sets out there. Whether it's one that was sold several years ago before being retired or one that was only given out at a special event, ...
Do Lego sets stop selling?
There are so many LEGO sets out there and LEGO is always releasing new sets, which means that they have to retire some sometimes and stop selling them. When this happens, LEGO enthusiasts who really wanted that set and unfortunately didn't buy it when it was on the shelves can get pretty disappointed.