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Wait no longer, i present to you... the 10247 - Ferris Wheel

Went out to a family who was selling some SpongeBob, and Ferrari sets. Once there they mentioned that they had a few more things they had found. Her mother was a collector, and just shoved stuff in random spots when she was done. Needless to say once I got it all home and went through it I was pleasantly surprised.

A freaking Grand Carousel? Give up the price already, we need to know how much to hate you

I'd recommend reading this thread entirely.

This set only becomes valuable if more amusement park/county fair themed sets are released in my opinion. Like the Mixer, it is a Creator set that has some creative elements to it, but in comparison to some of the more complex and accurate Creator and Advanced Models, these sets fall short. They are geared to towards playability, not displayability, and if history is any indicator of future success, these sorts of sets never rarely explode in value. Now if these amusement park/county fair sets become a series of 5 or 10 sets of similar nature, then we might have a excellent collectible and valuable theme.

What we really need are some proper carny minifigs to run these rides.

I think the persons reputation of 18 got cross confused with the persons posts of 66. Thirsty is probably completely on track but it is not every day someone posts I have accumulated $70k of Lego and need to figure out how to sell it. Most people would have done some type of research before accumulating that amount into channels they are going to sell it and how to sell it, margins, etc. But not everyone either (for instance Ed Mack LOL). So to me it does make one wonder but I do take Thirsty at their word.

Someone did that exact thing and it turned out great! See pics here - http://www.brickshelf.com/cgi-bin/gallery.cgi?f=555314 I thought about doing this myself, but space and money are the biggest factors. Plus I have mostly concentrated my collection toward OT ships/vehicles only.

R2 has been promoted like Jar Jar was to Senator. He is now the head of the droids and does not have time to fly in an X Wing he has bigger fish to fry. LOL

​I can't even look at pictures of the zipper without feeling sick. I _hate_ rides like this but it would a cool Lego build. I think this is what Ed's talking about... There are so many options for cool Lego carnival/ride sets. Every year there is a local train hobby show where the Lego guys come out as well to show their cities and trains. One of them brings his roller coaster and other "theme park" MOCs. They get more attention that some of the trains themselves. If Lego continues to push out a new set every year for the next 5 years, people will want the mixer and this ferris wheel if they missed out.

​I was thinking the same thing....and Lego will have a short list of 750 people who won one.

​Yeah, I think that's spot on. I bet the $50 sets outsell the $200 sets way more than 4 times to 1. Sets like Robie must be quite a small, niche market really, and take up a lot of retail space. I hope we see a few more though, as I really like the big ones though I guess it's unlikely. The really small ones don't do it for me at all.

Buying is maybe 5% of the work, selling is 95%. I use eBay, been selling for about 15 years there. It's not easy, not in any way. You have to work your tail off to keep customers happy. I go above and beyond - lots of communication, pictures of packed items and packaging, and nearly instantaneous upload of tracking info. Even then, about 10-15% of buyers are a pain and you have to deal with them. You need to setup a system. Everything from listing items (and taking photos), to receiving payment, then the whole packing and shipping routine. I have corporate accounts with both Fedex and UPS; printing labels at home is the only way to go. I also have an inventory of about 100 different boxes ready to go. Just steel yourself for the idea that selling a large inventory is going to be a lot of work, and take a lot of time. A $70k Lego inventory, sold over eBay an item at time, is a good 6 month nearly half time job, or it could be done over about a year to 18 months working off hours. That's just how it is. The only other alternative is to find a buyer for the whole lot, and with a $70k inventory, nearly any buyer is going to want to net 15-20% on that (after their fees), maybe more. You'll take at least a 30% hit on the value of your inventory if you try to sell-out as a whole, but it is an option if the thought of selling off individually is too much. FYI, I have a smaller inventory ($50k-ish with good growth potential) and my plan is to spend my 1st year of retirement (in 3 to 5 years) selling Lego. YMMV.

Thirsty, I'm not trying to call you out but, this post is a perfect example of why anyone thinking about getting into this needs to sell a few items BEFORE they wind up with a portfolio worth $70k. Buying is easy, finding deals is a thrill. Selling, no matter what platform you're on is hard. Anyone doing this needs to know that. Good luck, I've sold on eBay for over a decade and am, for the most part, happy with it.

​Your right R2 is awful. Please if you find any let me take them so you won't have to look down upon them in your inventory. You can hold those VW's in December while I am tripling or more my R2 investments because they are so ugly.

Pif Paf City 2 by Kris_Kelvin

Outstanding. Looks like 4x on your money, at a minimum. That's an A+ Craigslist find, by any measure.

I just saw the Flatiron building in person for the first time last week when I was in NYC, and went on a side search for x-wings, and boy..what an amazing "little building". This is definitely on my must have list as soon as it's out.

You are right... Dave will probably tell you to sell all those plastic and cards and other collectors item you have to finish baby step 2... but ​it takes a year or more for Lego to appreciate with decent return. Now you gotta factor that Personal finance is so fun *sigh*

I'd buy these at 90% off. Even then, turning a profit would be difficult.

​I am sure Dave Ramsey will say keep your real job and do this Lego sales as a hobby UNTIL IT CAN CONSISTENTLY replace your salary. You may want to reconsider doing your real job for a few more years or look for another real job that will increase your income until Lego can replace your expected salary ($60k net) for 3 to 5 years in a row. While you are doing that, you may want to start thinking about your business plan. Like one other post mention, where are you going to source your lego? If you are relying on big box store clearance, factor in the time, gas, vehicle maintenance it takes to go store hoping to build up the inventory. When you have it all figured out and ready to dive into it full time, you will be much more prepared.

​Or he could ask Google directly.. http://www.labnol.org/internet/email-delivery-delayed/25922/ The message headers should tell him when the email was sent and why it was delayed.

​Yes, a "real" job might provide you with these things (Insurance, 401k) - but it could also cost you your soul.

What about cost of goods??? 60k on 80k is unrealistic edit: a reasonable return is 20-30%

I'm nowhere near a full timer, but I am curious: If you're only bringing home 60k each year, where do you get the capital to buy the tremendous amount of Lego that is necessary to make that amount of income?

Looks lovely. The Arctos, Crawler Crane (and the F40) will most likely be my personal-use purchases from the late-2015 range. I may need top offload some things, maybe my Maersk ships. The B-models look pretty nice, as well.

​With that in mind, I can think of two other sets I'd like to see. I have yet to ride the Zipper without throwing up afterwards, and I love roller coasters too! The swing ride would be awesome. Just think of all the different themed figures you could put on it. I'd love a roller coaster too, but I can't imagine a decent one being produced for around $200.

I originally never planned on buying the FM at all when it was first released, but my wife insisted on it because she really liked it and wanted to build it. When I first heard the rumor of the Ferris Wheel, I was actually kind of excited, because I figured it would be a model worth displaying and really showing off what Lego can do model wise. Of course my wife is super stoked about it, and will want it day 1. I don't think you should underestimate this set/theme now that they seem to be doing this like the winter village theme. It's only going to continue to add to the value of older sets as they retire for people to have their own amusement park in Lego. Kudos to Lego, I hope they keep it up like this.

The new X-Wing also has the new BB-8 droid on the back, instead of R2 droid

Kudos to Lego for pricing this 2400+ piece set at $199.99. I think Lego has found a nice price point that doesn't drive a lot of people away and is sticking to it. I can't wait to get this. I also think it will pair nicely with the FM. If you motorize both and have them running at the same time, it would look amazing. I hope this is a theme that Lego keeps going. I now wish I hadn't sold my Grand Carousel a while back. Oh well. I'm also regretting missing out on the balloon and hot dog carts.

​Hah, yes i am Not sure why i'd be your role model though! Fairly small time seller compared to others.

A seller needs to know what he/she is doing. Ebay's fees are what they are. So are Amazon's. In general, you are getting "more" for those fees: more customers and more exposure. Items also sell higher on Amazon than Ebay, and higher on Ebay than Bricklink. Yes, more customers and exposure means more trouble sometimes, but it comes with the territory. If Ebay's fees are too high for you, then hold longer or refuse to sell at X price (a price which means too small a margin).

I'm super stoked about the crawler crane. I'm especially excited about the blue color. You don't see a whole lot of that here especially with a lot of the latest flagships that are in yellow. It's just a really slick looking crane.

​I'm not really understanding this . . . There's Ebay calculators online to figure out margins/profits/misc numbers. It takes about 1 minute to research past Ebay sales to see what the actual market is for your sets. Take a pic, list, sell. Rinse and repeat as necessary. There's a small learning curve I suppose, but just take pictures and pack things and ship how you would want to receive or buy it. Buying is easy. Selling is easy. The difficult part(if you want to call it that) is finding the budget and making good education decisions when buying. Or just buy modulars and hold them for a year or two after retirement. Maybe patience is the hard part . . . But I do agree--selling on Ebay is something I'm satisfied with as well.

Amazon is a perfectly reasonable option. I haven't used that route, because to date, I've been able to sell everything I need via eBay at good prices. Here's a hint on ebay: good pics are everything. Even for NIB sealed sets like Lego. Good box pictures + competitive price = easy sales. Doing a "virtual garage sale" via ebay to build feedback and get a hang for selling is a great idea. Sell a dozen or two items that way to get your feet wet, then dive in with the Lego....

​Not to go to far OT, but I'd add Birds to this list. Every single one of my wife's friends that has seen this set has gone gaga over it. They just love it, even if they don't give a hoot about Lego. FYI.

Try the Classifieds, Ebay, or Bricklink. I`ve been pretty successful on Bricklink primarily, though sales are slower. Less fees is one of the reasons why I sell there primarily. Sold on Ebay as well, but not nearly as much. I`d like to use the Classifieds more, but my schedule the last few months fills up my timetable too much, I don`t have time to individually take photos and create listings any more, which is why I use Bricklink. But yes, is you can put in the time required for photos and listings, I`d recommend Classifieds or Ebay, with the former getting my first recommendation.

Shop Your Way (Sears/Kmart) has been sending out $10 off $20 coupons that work with online Lego purchases. If you have a SYW account, you may want to check your email for 4/24-4/25 for the coupon. These stack with SYW surprise points. I ended up getting a few battle packs for free combining the $10 off coupon with surprise and reward points ... 75079: Shadow Troopers 75088: Senate Commando Smurfs

I sell on eBay (and try a few things on Brick Classifieds).... I bought and sold on eBay way before Amazon became a thing and I just can't be bothered to see if something else works. There are a few Canadians here who sell on Amazon and have done quite well but yeah I don't know who buys them for the crazy markup. I also like Canadians because a number of American buyers have also purchased items from me and I've never had a problem. I don't think many Americans bother with Amazon.ca. As for Kijiji, I wouldn't hesitate to throw some stuff up there. I've sold more of the big ticket items outside of province than in my own city! People who are hunting for those deals know to search across Canada. If you accept PayPal and issue invoices you get to use Expedited Parcel shipping at a discount too. On that note, if you do setup shop on eBay, only offer Expedited Shipping ... you need not offer any others since Xpresspost is ridiculous expensive and Expedited is cheaper and faster than regular when you invoice via eBay/PayPal.

Just finished the DO today. Only built the GE, FB, TH and PS so far but have to say currently it's one of my favourites in terms of overall interior and exterior (colours + textures) detail. Love the look, giving top marks to the designer. I have DO next to GE (left side) and looks great imo...the PS on the right side of GE rounds out the corner currently. Have to call customer service tomorrow for 5 missing pieces (wood panel for water tower, barber pole attachment and 3 more light blue tiles). Would recommend this set for any builder, well worth the price. If I could start off with any 2 modular it would be GG and DO. I guess everyone is different and have their own preferences. Up next is PC next week

According to this website - http://www.groovebricks.com/lego-creator-ferris-wheel-10247-first-image/ - this has 2,464 pieces and will retail for $200 (USD). It says it will have 10 minifigures,

​I am expecting it to be power functions ready, but I am not expecting it to include the power function modules in the box like Grand Carousel does.

Maybe we should help each other out. If there's a Polybags at toys r us that I don't have and there's one that you don't have. That would be great if we helped each other out. What do you guys think? john

Very nice. My guess is it's going to be $200, not $250.

Pretty sure one of those will be on display in my home by the end of the year.

While I understand why they do it, it's frustrating that a $20 Juniors set has printed pieces and $200 sets have stickers.

I for one will be purchasing all these and building them the day they come out, then I'm sure my daughters will steal them and I'll never see them again, but that's ok.

Thank you for the advice. I let the person know I would pass. I bought the Santa's Workshop this morning, and while I was at it picked up a 75052-1: Mos Eisley Cantina on sale while I was at it!

I had a great day and picked this set up along the way... Sweet!