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  • Minifig Corner 1st Edition: Mr.Gold


    comicblast

    This will be my first entry in my new Blog category dedicated exclusively to polybags and minifigs.Even if sealed sets or sets overall usually get most of the attention in the forums, both minifigs and polybags also play an important role in the market, and it is good that we also keep them in mind when analyzing all of the aspects of LEGO investing.

    In this particular series named Minifig Corner, I will talk a little bit at some of the most expensive or interesting minifigs ever released by LEGO. Even if we don't really have that much data currently on the site, I think we can at least make some comments and see some information from the latest sold listings on eBay. With that introduction out of the way, let's get talking about the first LEGO minifig to be featured: Mr. Gold.

    I think it really should not come as a surprise that I selected this particular character as my first choice, especially since we have been talking a lot about him over the past few months since it was originally announced. Anyway, Mr. Gold is kind of an appendix of the LEGO CMF's Series 10 that was released a short time ago, and is limited to only 5,000 copies randomly placed among the thousands and thousands of regular characters of the series, making it a really hard to find and sought after item.

    From the beginning, we all knew the minifigure would be selling for a pretty high amount of money, but once the first reports started about some Mr. Golds selling for over $1,000 I have to say I was really surprised. Still, it was to be expected that the price would stabilize once more of them where found and listed for sale, as it ended up being the case. The last bunch of Mr. Golds that have been sold on eBay have gone for quite a lower price, going from $ 600 to around $ 800 in some cases, a drop of from 20% to 40% from the first sales.

    There is really not much we can do as investors to put our money into this minifig, since you will usually find it, if you find it, completely by chance. Once you get one, you have to make the choice to either hold it or sell it now (unless you keep it), and there are two ways you can look at that great "problem". First, by selling now you secure a large amount of money that you will be able to further invest and keep the cash flow going, while you run the risk of missing out on future growth. This future growth possibility is what takes me to the second scenario, where you keep the figure at least until Series 10 retires hoping that the lack of availability of sealed bags will reduce supply, and more importantly hope of getting the figure at "retail". Anyway you look at it though, I think there is no way to lose in the end.

    What I mentioned above takes me to something that is somehow related to the figure itself but that really is not based on acquiring it. A very good strategy that will probably net you some great profits in the not so long term would be to invest in sealed Series 10 boxes. As it has been said on the forums a lot of times, the 5,000 Mr. Golds will never be accounted for, either because of people not registering theirs or by the fact that there will be some sealed boxes that will never be opened. You can take advantage of this by holding your SEALED boxes until the series retires and people start to scramble and look for ways to get a hold of the minifigure without having to pay $ 600 at the least. ALL of the sealed boxes will rise whether they include a Mr Gold or not just based on the chance that it is included, and to me those are way better odds than trying to find 1 in the thousands of bags currently in the market.

    Thanks for reading!

     




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