Super interesting. What I like about your advice is you're not afraid to point out your own mistakes to help others not make them. I was very surprised to hear those sets were doing poorly, as I imagined they were highly desirable. It just shows how volatile the LEGO investment market is Thanks for the tips!
My thoughts Set 1: Friends is collectible but the community of friends is small and there are more people that buy them for investment then actual buyers not to mention nobody really likes friends. Set 2: Harry Potter seems hit or miss. This should be a buy low sell higher type of theme. Set 3: This is like Friends. Nobody cares about the theme so it is rare cause it didn't sell well which causes the shorter life span. Most certain life spans mean bad return on investment. Set 4: Ninjago is gold. As many of those big sets the better espically the ninja stuff. Set 5: I know nothing about elves. Set 6: Licensed theme that end are really good Even if they don't end the theme you should at least double in 5 years. Set 7: Star Wars is Star Wars. Big sets are great but the inital is too big and most don't do want you want them too. Battle packs get up to 75-100 in the same period. That is great because you can buy a lot of them on clearance 15 take up the same amount of space as the Bwing and you are making way more money. Small Star Wars are the way to go
Just subbed great video! I agree with everything here, what’s your thoughts on modulars? Always a new one every year and they tend to always do well after retirement. Just got myself assembly square and corner garage cause one of them is due to retire this year
Modulate typically do well although I do share my experience about going deep on the pet shop and that not going well. Corner garage should be a winner
This was a very interesting video to listen in on! Elves is my absolute favorite theme to build, and I'm so disappointed it retired when it did (retired at all) 😭. As a college student I tend to look towards BrickLink for resellers since those prices are close to retail price. It seems that the dragon sets are what's making the big money, the castles from later seasons being a close second It is a little weird Skyra's castle is as cheap as it is considering the mechanical parts and mini dolls. But hey, better news for buyers like me who like building ;D
What formula do you use and how do you track values ? When to decide to sell ? A good profit early and then able to invest in something else rather than hold and store for a long time As they say a bird in the hand is worth 2 in the bush Youve gotta have some sort of strategy If you can buy something for 40% off and double your money means it only went 20% above the msrp , even selling a 40% off item at msrp is a 66% profit Id rather make a lot of 66% profit easily than limited 100% , it also becomes harder with more expensive sets
@@JakesBricks yes that's true it can depending on if it's exactly the same or an upgraded version the one Lego I've seen that's gone down in price is the Lego goat and I'm kind of upset about that
My mindset for my Pokemon card collection/investments is just hold them long enough until you're personally satisfied with the ROI. Having a space to keep the big boys out of sight and temptation doesn't hurt either. :)
Yoooooo if they come out with more Hobbit sets and Lord of the rings sets I'm going ham on that. I still have plenty from the old sets but I would love more.
Hi, sorry if this is a really noob question but I can't find an answer anywhere. If the set has been built does it have any value? If it has been built and disassembled and put back in the box is that better? Does it make a huge difference in price if something is built and disassembled? Half the value of an unopened box? Any indication would be great. Thanks
Hey Pulsar! That is a great question. LEGO sets that are used and complete definitely hold value! They are typically worth 30-40% less than a new in box sets. Most people that buy used sets prefer to have them completely disassembled so they can rebuild them there selves which usually increase the value by 2-7% depending on set theme and size! Hope this helps
Thanks! Very informative. Looks like I need a better crystal ball. Seems very hit or miss and as you say "all over the map". Wish there was a way to figure which sets would pay off (I said that about Microsoft, Apple, etc. years ago as well). Good advice about 1-3 years holding. I only dabble in Lego investing, bought a few sets a while that I thought might do well (they're average at best) and have some ancient sets that are worth quite a lot but that I will not part with. It would have been interesting to hear your thoughts on the Technic line, especially the recent large, intricate ones -- I would think those might do well, though I haven't looked at historical data (after all, Technic has been around for 25+ years). EDIT: I would also like to get your thoughts on small sets vs. large sets. For example, sets for $10-$50 vs. sets for $50-$300 or more. I think it's also a given that gigantic (and much-hyped) sets like UCS Millennium Falcon, Imperial Star Destroyer, Death Star, many Technic, etc. are not likely to appreciate 300% (let alone 500%) given their high initial price. Who would want to pay US$2400 for it a few years from now (maybe some diehard fan)? I just paid C$550 for the Technic Liebherr Excavator, and I wouldn't expect to sell it for 300% initial cost, which is why I only bought one (to keep). But maybe I'm a pessimist.
Patrick! Thanks for the thoughts and questions. Will surely put those thoughts into my bank of future video ideas! Appreciate the comment. And good luck with investing!
Hey Jake. Great content. I’m brand new to the Lego investing game and I’m wondering what your experience is with the larger sets such as the UCS Millennium Falcon, UCS AT AT, Technic Super cars, ect. These sets obviously have a very high buy in initially but I’m wondering if sets of this type are more likely to offer high ROI once they go in to retirement?
Hey Steve great question! So we really don’t have much data on the really really large sets like the UCS Falcon, at-at, imperial Star destroyer, colosseum, or titanic. Just recently LEGO has started releasing some of those massive sets and none have yet to retire… but If you use the Technic Porsche or UCS Star destroyer as references those sets have done extremely well! And most UCS sets perform very well!
It’s worth considering the difference between investing in a single $800 set, versus investing in 8 $100 sets. Especially if the 100 sets are purchased at a discount, where purchasing an 800 dollar set at a discount is far less likely. Another consider is that finding a buyer for a high end set is more difficult, and more expensive when it comes to shipping. And still, another thing to consider is that as less expensive sets are easier to turn over, even if you sell half of the eight sets, you’re able to get a return on investment on a part of the initial investment, which you couldn’t do for a single expensive set. Thoughts?
Hi Jake, i like your channel👍🏻 but how long you wait until investing in? I mean I see in the background the bookshop, a set I really like and wanna invest deep, but retirement estimated for the end of 22 or beginning 23, so how long to wait?😅 another set is Ninjago Gardens! Or 10277 Crocodile, I saw it with a great discount of 30%, i wanted to invest deep and buy as much as I can😅 but I didnt, cause its new on market and retirement is estimated for the end of 2022! So how long to wait with these sets??😊 thanks advanced, best regards from Switzerland✌🏻🇨🇭
Till! Those are som great questions. Here are a couple of my thoughts 1. For me I have limited space so I tend not to invest in sets that are brand new on the market and hopefully will get wind of when they are going to retire and start to buy them periodically leading up to that time (although not all sets that retire are actually leaked) 2. I will often buy sets on discount throughout the life of a set (again if I have the available storage space) for example I have 10 of 71711 Jays Dragon that I bought 1.5 years ago at 60% off, even though I knew it would be a while till it retired. Rule of thumb: discounts and deals are great so if you find them buy them. For larger sets I wait at least 1.5-2 years before I start buying, hoping to pick them up closer to retirement. Hope this helps
Also Yoda's light saber promo. I think that would be a really good vid. Even with old promos how much did they go up in value for a set you recieved for free. ( allegedly free )
They have done this a couple times now! The big creator Taj Mahal was re-released. They re-released the UCS Millennium falcon (with more pieces of course). They also did quick re-releases of the Ship in a Bottle and the NASA Saturn V. So it does make LEGO investing a little tricky but if LEGO keeps releasing new themes and new sets then that system will constantly create demand for older sets.
That Harry Potter set probably should have been sold like 3 years ago at least. No point in holding it anymore. There are two alternatives that had been released in the past 2 years that are both far superior and cheaper.
Pretty good workable tips. As a 10 year old boy, i remember those girl type of Lego. Wondering who would buy them, as the girls i knew back then, were either into Barbie or real life boys... Not Lego. Did you made it? Selling them?
I bought the Lego hospital 60204 on amazon reduced to 60 euro. after it's retirement i went up to 160 euro basically over night. they normally release a new hospital every 9 years if i understood correct. so i might wait another 3 years
Dude that is a great buy, well done! I’m always nervous about never versions but hospitals surely aren’t as likely to be remade as police stations or fire stations
@@JakesBricks yes indeed, another time i got lucky was a few month ago, i bought few sets of someones collection that had like a semi idea of what their value where but not really, and got the 7189 Mill Village Raid for 230 euro, now with the blacksmith that come out, it kinda sky rocket. I'm not sure if i should keep it or sell now since the demand is high, on the other hand it will be rarer later on. It got sold 46 times on bricklink last 6 mth. I also got 3 Rock raiders Sets Misb. 2 of them i haven't seen sold anywhere, going to keep them a bit longer since it's nice to have them: 4910 - 4950 -4970 ^^
@@Nightkalima my theory is always to sell when it’s hot. Ya it may go up in value but if you can make money and reinvest then do it! Good finds man! And good luck selling
0% profit....... because the set was stored in my garage and a flood swept it away. Fortunately my Tesla shares didn't go anywhere. Which one of these would you really call 'investing'?
Probably 10k... but hindsight is always 2020. I wish I would have invested in Tesla Stock, Bitcoin, Ethereum, and the Old Fishing Store LEGO set. But I'm learning and growing in my investing knowledge daily
Your next vid should be promos. Something like you have lego promos for free... how much are they worth now...? Example look up mario set I think 40414.
Great vid, new sub! Ive always done well on bulk Brickheadz, especially Vadar, ,Phasma, Fett. I mention this because it can be way more effective on space for new investors, also they have like an 8 month - 14 months lifespan so the flips can be quicker, less granted, but a good way to get things rolling for new investors.
