Ideas #008: 21110 - Research Institute

[gregpj]

  On 11/12/2014 at 5:50 PM, lego rules said:

I don't judge anyones methods

 

you seemed annoyed at some sellers, so I joked I would sell at cost to bug you some more

 

Everyone has the right to sell at their own price point... It just amazes me that some people are willing to work so hard for $5-10 when it should be clear there is money being left on the table.

[JDLego324]

I have walked away from these in Lego Stores in recent weeks.  Bought one for my daughter, and that's it.

 

Like the Exosuit, they are back, and they will be easier and easier to find once resellers realize that the flip game for this one is over.

 

Just my opinion, of course.

Edited November 12, 2014 by JDLego324

[gregpj]

  On 11/12/2014 at 6:03 PM, JDLego324 said:

I have walked away from these in Lego Stores in recent weeks.  Bought one for my daughter, and that's it.

 

Like the Exosuit, they are back, and they will be easier and easier to find once resellers realize that the flip game for this one is over.

 

Just my opinion, of course.

 

I wouldn't walk away from RIs just yet... With the new Ideas review just announced and another due in January, I personally think that the Delorean, Ecto 1 and RI are just about done. Seems to me they always intended to make more Exos than RIs.

[speedsausage]

  On 11/12/2014 at 5:45 PM, gregpj said:

Then you just made it harder to find for those that want to buy & build.

I hope you know the above offer was just a joke... I'm normally not a buy-to-flip "investor" aside from occasionally buying on Kijiji and reselling locally or on eBay for a higher value. I did that with 12lbs of Bionicle... bought it for $25 in August, sold it for $125 locally a couple days ago.

BUT my take on these RIs is that 2.5x to 3x initial cost is a good enough return over 2-3 months to unload a bunch and move on. I've sold 10 so far, plan on unloading 7 more and keeping what I've got left (my little secret) for the future.

Oh and I have 1 for us which is the only Ideas/Cuuso set we cracked open and built to date.

I'm in the same boat. My pile is paid for but I'd like to unload 1 or 2 more to be a little more in the black. I have one set aside for us too. This set is quite limited so even if more are on the way, I think the demand will always out weigh the supply. And I'm referring more to the completist here who will be paying top $$$.

[JDLego324]

  On 11/12/2014 at 6:36 PM, gregpj said:

I wouldn't walk away from RIs just yet... With the new Ideas review just announced and another due in January, I personally think that the Delorean, Ecto 1 and RI are just about done. Seems to me they always intended to make more Exos than RIs.

I believe you are right that they did not intend to make as many RIs as Exos, but then the media backlash occurred, and Lego had to reevaluate.  Subsequently, as a result of the negative press, they have obviously cranked more of these out.

[dubzero]

  On 11/12/2014 at 7:48 PM, JDLego324 said:

I believe you are right that they did not intend to make as many RIs as Exos, but then the media backlash occurred, and Lego had to reevaluate. Subsequently, as a result of the negative press, they have obviously cranked more of these out.

See also: demand.

[Val-E]

I hate it when people inflate their shipping costs and then the auctioned item sells at a low Price as it distorts the statistics.

 

I wish they charged a flat rate commission maybe 7% on both concepts like in other countries.

[hxckid88]

  On 11/12/2014 at 9:02 PM, valenciaeric said:

I hate it when people inflate their shipping costs and then the auctioned item sells at a low Price as it distorts the statistics.

I wish they charged a flat rate commission maybe 7% on both concepts like in other countries.

I make out well doing just this.

[Val-E]

Shill bidding also grinds my gears and over here 99.9% are shill bidders who seem to use the queen

Edited November 12, 2014 by valenciaeric

[stephen_rockefeller]

Keep the complaints in the complaint thread please. Shill bidding and shipping costs have no business here.

[Val-E]

Sure, it was a comment on a previous post about high shipping for such a small set. I still can

[stephen_rockefeller]

Sure, it was a comment on a previous post about high shipping for such a small set. I still can

[tonysbricks]

  On 11/12/2014 at 9:25 PM, stephen_rockefeller said:

No problem it's just we have a lot of members who have ADD here and things get off topic quickly.

 

Thanks for keeping things running smoo----

 

Ooh, Mini-Trucker Magazine.

[Val-E]

Mine were delivered with 43s4 seals.

[oneknightr]

We went to Disneyland over the weekend. We arrived on Thursday and I picked up two Research Institutes at the Lego store in downtown Disney. It was a limit of one per household but I bought one and had my wife buy another. There were about 12 on the shelves when I bought them. I walked by after dinner and saw about five left. The next day they were all gone. Seal codes were 38r4.

[dcdfan]

  On 11/18/2014 at 5:25 PM, oneknightr said:

We went to Disneyland over the weekend. We arrived on Thursday and I picked up two Research Institutes at the Lego store in downtown Disney. It was a limit of one per household but I bought one and had my wife buy another. There were about 12 on the shelves when I bought them. I walked by after dinner and saw about five left. The next day they were all gone. Seal codes were 38r4.

I'm sorry you & your wife don't live together but congrats on the RIs. Edited November 18, 2014 by dcdfan

[oneknightr]

  On 11/18/2014 at 5:27 PM, dcdfan said:

I'm sorry you & your wife don't live together but congrats on the RIs.

That was effin' hilarious! Thanks for the laugh!! 

[tonysbricks]

Wow there are a lot of these on ebay.

[tractorboy]

  On 11/14/2014 at 8:46 PM, valenciaeric said:

Mine were delivered with 43s4 seals.

Is this a new run? I hear people saying 'they're back', 'just like the Exo' etc.

Still sold out on EU & US LEGO Shop at Home.

Edited November 20, 2014 by tractorboy

[minicoopers11]

  On 11/20/2014 at 10:29 PM, tractorboy said:

Is this a new run? I hear people saying 'they're back', 'just like the Exo' etc.

Still sold out on EU & US LEGO Shop at Home.

There is this message on US SAH:

LEGO

[marcandre]

My lego store (Raleigh) gets a few every week. They had one behind the counter yesterday.

[tractorboy]

Yeah, I saw that earlier. It doesn't really say anything about a new run.

"We're investigating if we can make more". In other words...we don't think making more is really worth it right now. Of course they can make more if they wanted to.

I don't think they feel it's worth it at this stage, especially with 2 new Ideas sets coming up soon.

Looks to me like they've just shuffled some stock around to get some into B&M stores and keep a few customers happy and off their backs.

 

I think the current demand for the RI is a false one, created by us hoovering them all up when it came out.

I just don't see this coming back the way Exo has. At least until I see it back as 'available now' on LEGO Shop at Home.

[Val-E]

As mentioned before, all mine are minty fresh week 43s - they are exclusive to one big chain of stores who are also carrying the other IDEAS (delorean, exo, ecto). I haven

[WCH]

Think it's worth flipping them at the current price or just holding them for the long term?

[Val-E]

Depends how many you have tied up and how much you want to flip for. If more than 5 I would flip half at at least double MSRP and hold the others. This one has a good price point for Xmas and has had a lot of publicity recently. In 3 years