Leaderboard

I think there has to be something said for the enjoyment of this hobby/business. It's not like people are reselling copier machines. If you strictly think of LEGO sets as a commodity, you are missing out. Sent from my iPad using Brickpicker

How about always, who cares if they're iconic.

Can people please list set names along with #s until the numbers alone are iconic or well-known like 10220, 10221, 10179, etc...

A divorce lawyer..... probably not this one then lol http://shop.lego.com/en-GB/Minifigure-Wedding-Favor-Set-853340

Every Long Term Investor should have at least 5 or more Sea Cows for Investment, As people will be watching the Lego Movies on DVD for many years down the road. So its not that this Set will just vanish and everybody will just forget about it. Now there is plenty time to get this set, but starting next year it would not hurt to pick one up now and then. And don't forget about the Simpson House to, along with other Exclusives these 2 will do very good once retired. Ed

I said earlier his week that you have to have a goal, and know what that is. When it comes to strict profit, I'm looking to break even - I want to make sure that whatever profit I make covers the cost of the sets I buy to build. With bulk lots, I'm definitely looking to make more than I spent on the lot. However, I'm realistic about it - I'm sure I'm making less than a $1 / hour sorting through the bulk. But, I find it therapeutic. After being a manager at work all day, I'm anxious to let my mind just concentrate on sorting bulk. So, it's an acceptable "loss."

OMG people, must I explain everything to you ? Of course it is a girls only toilet. Because to boys / men, the whole jungle / ocean / backyard / space is our toilet :D :D

What if it is much more simple than most of us think and LEGO just have a very specific schedule already set up that they stick to straight forward, saying for example: - SSD will not be produced anymore past June 2014 (if stock is depleted before that, they might produce more; if stock lasts longer, there will be no new production) - GE will not be produced anymore past September 2014 (if stock is depleted before that, they might produce more; if stock lasts longer, there will be no new production) - DS will not be produced anymore past December 2014 (if stock is depleted before that, they might produce more; if stock lasts longer, there will be no new production) I mean how probable can it really be that such a big company decides about EOL dates seemingly on a day-to-day basis? I think this is not probable at all. There is no infamous "guy" that is constantly changing the status display on the LEGO Shop at Home site... it is just a program checking the incoming data and stock. I guess LEGO already had its plan ready in say December 2013, with fixed EOL dates for the whole year of 2014 - maybe EOL dates where set up for the end of every quarter or even half year. And producing or not producing and relocating and stuff is just a reaction to the changing stock situation not because LEGO are constantly changing their mind every day. So I would rather look at what happens after the end of each quarter instead of looking at everything all the time.

2 AS from BN with 20% coupon, GC and 10% membership...... Best part was this :

Here ya go....

My mecha are patiently waiting

I picked up a bulk lot on Craigslist today and just had my first dealgasm. It was a 30 lb. lot for $70 which was great by itself. I just flipped through it real quick and there was a Robie House on top. Can't wait to start sorting. Sent from my iPhone using Brickpicker

Post of the day candidate. Anyway, my recommendation would be the Lego biz card holder or picture frame especially if you have young kids.

Death Star. "The ability to destroy a marriage is insignificant next to the power of the force."

Mini cooper. Delivered already! Super fast. Ordered yesterday! Verzonden vanaf mijn iPhone met behulp van Brickpicker

Yesterday - I've officially gone over to the dark side and purchased my first pink boxes. 3x Olivia's house 4x Ariels Magical Kiss 4x Cinderella's Dream Carriage All 36% off, hoping for a christmas flip. Today - wife sent me to Target for household supplies, came home with: 3x Aviation Adventure - must be returns because they were gone last time I checked 1x cargo truck, 1x stunt plane, 1x police pursuit - for the kids All 50% off. I think she's learned by now that if she sends me on errands I might come home with Lego lol. Also ordered the mini cooper. I was going to wait on this one since I'm not really keen on the mini mini cooper freebie, but I know that I'm probably going to want it anyway since I have the VW displayed with the mini version.

Okay, from the pictures, you have: 7133 Bounty Hunter Pursuit 7163 Republic Gunship 4478 Geonosian Fighter 7255 General Grievous Chase 7913 Clone Trooper Battle Pack 6205 V-Wing Fighter Hope this information help you. This bulk lot of yours seems to have a lot of SW sets in it. I wish I could find that many SW sets in one bulk lot. That would be awesome.

This is what gets built when I have spare bugger parts from an eradicator mech and clearance fire mechs sitting around. No one gets a free ride on this mech. Whether you're harvested for your power in the pod batteries... ...or wilfully integrate yourself into the bio-structure. I still want to swap out the 5-6 red elements (in the feet, others are a nice maroon) for black or grey at some point

This is what I was wondering. I want one, but I am not sure I want to buy the minicooper yet.

Anyone get their LEGO Shop at Home orders cancelled??

Hobbit ''exclusive'' from sdcc this year http://www.hollywoodreporter.com/heat-vision/comic-con-lego-offering-hobbit-719563 many speculate it will come in the 2nd smallest set though.

I agree with you. I mean if a person is planning to go through all the trouble of perfecting everything from the fancy facade to the detailed interior with a stovetop counter, fancy fridge, comfy couch, book shelving, and a King-sized bed then get the details for the bathroom right too. A minifigure's 'butt' (if you may pardon the expression) takes up a 2x2 area; the dome bottom uses a 2x2 area as does the circle tile that sits on top which makes a perfect fancy seat cushion plus keeps the thing 'closed' with the lid down. The floatation device was awkward at using closer to a 2x3 area due to the rounded connection point on one end that liked to swivel a lot, the pot meant as the bowl was too small by comparison with a real toilet, and the overall design featured no lid whatsoever. Maybe it is just me but I don't like having the lid up whenever I go into the bathroom so I have a personal preference to replicating the same thing in my designs. I think guys when living by themselves just dig a pit in the ground, toss some logs in there, light them on fire, and then use a spit to burn their food. :mosking:

over the past few weeks i've built 7181, 10212, & 10175... i would like to thank some fellow BP members for helping me track down some good deals on these sets

Now we hope the Lone Ranger train follows suit of 4195 Sent from an iPhone using the Brickpicker app

if they cancel you keep the freebie. BZ/VH anyone ???? Im flooded with MM

Ever heard of Orc Forge? they did it for 6 months, every couple days it would go from Available, to back order, to sold out, to call for availability. While GE may still have some life left in it from my expeirence when they start playing these games of changing availability it usually means its on its last legs and will be EOL sooner than later.

Bought 39 Lego movie packs for $2 CDN each brings me to 97. My walmart must of had them buried somewhere as this is the second time they showed up on shelves and I cleared them out. Sent from my Unknown using Brickpicker mobile app

Great to see better images. As I said earlier it was the first thing to catch my eye in that clip! Would be awesome to see that ripping down a Lego made street

Haven't read the forum today so may already be discussed, but I'm building the Mini Cooper now and at the end of the first instruction book there's the expected modular street advertisement. The GE is not there, there's TH, PC and PR but interestingly there's no Pet Shop.

Road Zombie

Probably every set....LOL. You just don't pay attention to most of the "regular" sets going in and out of stock.

Come on all Lego investors are required to be master builders you got this.

You know what baffles me? They can do unique printings for such limited items as the new Unikitty, but doing decent prints for the Mini Cooper (front emblem is ugly as hell as a sticker) or Orthanc would be too much to ask for? I am beginning to be seriously disgusted by this level of monetization.

I don't. Unless they REALLY run out of ideas and put a Death Star 3 in Episode 7.

So it went from an investment flop to being valuable in 6-7 years? Are we being punked right now? Where's Ashton?

I disagree with a majority of this. For one, I don't need a second job, nor want a second job. Could I find one that pays $20/hour, of course I can. But that would be work. Buying and selling from my home is not even close to work. It's actually a stress relief from my real job. As far as being a hobby, it most definitely is. The only thing my investments or flipping does is provide more money to have fun with and scour deals looking for good buys. That is the hobby, and that is the fun part for me. I have a pension, I have a 401k, I have other savings and investments. For me, it's nothing more than disposable time I would probably be wasting somehow else. But, good discussion and a fun topic.

FYI - WM batch from Ontario, CA arrived today in shipping boxes. Some rough but mostly in good shape.

I do find it a little comical when people add in the the "cost of time" to sell the items. This would most definitely be true for those who rely solely on sales to pay their bills. For most of us, it's a side hobby and we have a full time job. The "cost of time" to sell is only applicable if you would be doing some other money making venture at the same time. If the time you used to sell would otherwise be spent watching tv, going to a ballgame, eating dinner, going on a date, etc. the "cost of time" is actually ZERO.

Did he wear a trench coat with LEGO boxes hanging on the inside ?

^This. Many inept sellers never realize they work (and sometimes work very hard) for below minimum wage and or no wage at all. If a hobby seller goes into this knowing that fact and does it anyway (because they're willing to give over some of their hobby hours to selling some LEGO and maybe help to defray the cost of some other LEGO they can use), it's not a bad deal for them. But for a true investor or reseller looking to make actual profit, it can be and often is a VERY bad deal once you factor in time sink and consider what other paid work you could get for that same amount of time. And lets not forget opportunity cost with tied-up capital and space/quality of life cost with storage of inventory. I'm not one to discourage anyone else from making money, and there are definitely ways to make money in LEGO, but self-deception is a costly habit and should be avoided. Looking at two numbers, "I paid $20, someone just sold one for $50, so I've made $30!" is just plain foolishness. Kidding yourself that you have "no costs" because you sell on CL or find your own recycled boxes is just plain foolishness. Cost of Goods Sold. Time. Storage. All Other Expenses. Start adding those up, consider opportunity cost, and determine what you're actually making. Selling LEGO is simple, but it's not easy to make a profit - that takes both work and basic accounting skills.

Make sure you are factoring in sales cost. It is very easy to fall into trap of thinking - oh, my brickfolio shows I am up 30%! whoo-hoo! But that's not ROI, it is just hypothetical gross value

For fear of throwing this in a different direction, here's my thoughts on another one: TLG isn't out to get you Conspiracy theories make for fun conjecture and great theater, but TLG is not a puppeteer organization pulling the strings of retirement decisions and inventory in an effort to screw with the secondary market. Have they implemented broad policies aimed to curb resale? Sure - we all know about their policies to restrict B&M exclusives to the Lego Store and eliminate discounts on exclusives. But retirement decisions are made well in advance of stock shortages. Sets pop in and out of inventory based on the inventory leveling their warehouses perform routinely. There isn't someone in a Lego lab coat behind a laboratory bench with a mean look on his face mixing fluorescent chemicals to figure out the best recipe to mess with resellers. Similarly, S@H bans occur when a buyer's purchase patterns fall within pre-established "red flag" criteria. You will risk a ban if you exceed purchasing limits, not when the TLG sales manager misses his/her morning coffee. Other than the occasional ban of a VIP member with the same eBay account name, S@H almost always bans people for buying too many exclusives too quickly. A little bit of prudence in timing and quantity of purchases can go a long way to protect your good standing with S@H. Newbies should relax about buying from TLG. Stay within the purchasing the limits, limit your exclusive purchases on S@H, and use Lego Store and S@H to take advantage of the good promos and giveaways, rather than to purchase 40 of one exclusive. Use other the retailers to build your exclusives inventory.

Well put! I personally invest on the side, I`m a collector first and fore-most. Said it before, but to me this is a hobby that I hope will eventually pay for itself. Not a source of income, part of a business, etc. Keep track of everything and as always, pay my share of taxes. Haven`t sold a whole heck of a lot online anyway, so haven`t really had to worry about that department. Still though, this is fun, being a part of the community is fun, and I hope it will continue to be just that. It`s great to have a hobby and a place to discuss it with others who enjoy doing similar things. Honestly I just look at it like that, try to be realistic, while at the same time allowing for a bit of imagination. Thanks everyone for making the community here great, and of course, thanks to Jeff and Ed!

Can I add one or two things? Have a plan, and stick to it. Does it have to be a formal business plan? Maybe. Maybe not. That's up to you. But have some sort of plan. Just randomly buying things because you see other people snapping them up isn't a good business plan. Just sit down and figure out how you're going to invest. Exclusives? Modulars? Small sets? A combination of things? It doesn't really matter. Just make sure YOU know what it is. Maybe you want to focus on Star Wars. Or City Sets. Or Chima. Whatever. Invest in what you like You'll have more fun that way. Find the sets and themes that you like. Don't worry about the stuff you don't like. Have a goal Figure out what you're trying to get out of this. Why are you investing/flipping/whatever? What is your end game? Are you strictly trying to invest to make money? If so, how much? What's your ROI? Are you trying to invest to pay for your habit? That's cool too. After trying to figure things out over the last year and a half, I've definitely come to some conclusions. There's tons of different spaces in the investment world. Trying to get your finger into all of them is potentially dangerous. Focus in on the areas you want to be strong in, and you'll have success. My own story - I've dabbled here and there in lots of things. But I've learned what I think will work for me, so I don't dabble nearly as much. There are themes I've picked up in the past that I'm just not going to focus on anymore. There are things I've ignored that I will stop ignoring so much. My primary goal is to pay for my habit. Everything else is icing on the cake.

People also have no patience these days. It is all about instant money and expectations.

I'm still in the scoffing camp. Other than the fact that they are available again, which doesn't require a seal code to know, what does it tell you? Did they make enough to last 1 month or 6 months? When that run is done, will they make another? Will they make another after that? All the codes do is tell you about something that has already happened. Without at least one more known variable, like production run size, they're just a novelty.

Here is my hope for the next "batch of retirements" Chima Lion Chi Temple Friends Summer Riding Camp Passenger Train Cargo Train SSD GE Also Jabbas Palace

I really hope they do so I can buy it cheap lol

as of right now I have 47 Black Pearls and 42 Queen Revenge, and when Costco had the Black Pearls for $59.99 on Clearance since nobody was buying them I should kick myself for not buying 100 of them. Ed