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Showing content with the highest reputation on 06/10/2015 in all areas

  1. Damn, some more members leaving the site.
    15 points
  2. I like the twitter comment Can you imagine what $100k worth of #Legos looks like?? yes a lot of people can lol
    6 points
  3. ​^ This along with all the little air pillows. I've been using them at will lately just to reduce the amount of space taken up by them. I've been thinking about this person who is selling their collection .. maybe their end game isn't quitting but rather trying to take their profits in one lump sum and move on? If they manage to sell anywhere close to their 28k asking price, they must have made some cash overall. If you're moving a lot of volume, taking a smaller return for such little work (you didn't have to source any of the sets) might be worth it. If you're a long-haul investor, you probably want a little better deal for the risk/storage factor. I do feel the need to point out that using the BP value as the overall value is a huge red flag to me. Many of those sales to US customers include the cost of shipping in the overall value (when a listing has free shipping, obviously that can't be filtered out). There are a ton of big sets too, shipping isn't that cheap that you can ignore it... So from the 33.5k estimate, take about 6% off the top for shipping and material costs. Now if you sell on eBay, take roughly another 12% off (9% + 3% .. assuming seller probably qualifies for a small discount). That brings us to: 33,500 - 4020 (fees) - 2010 (shipping) = 27,470. Looks to me like this seller would profit handsomely from a 28k given some sets are retired and many (if not all) were likely sourced below MSRP. Advertising the overall value at 33.5k with a discount to 28k is just marketing.... a number designed to get you to negotiate less. If you wanted to make 20% today, 22k is the max price. For 10% its 24.7k. If you already have the storage facility + work area, getting 10% off is decent. Plenty of those sets still have room to grow. If I was interested, I'd start at 21 and try to meet around 23. Alas, I'd be in the most trouble ever if I ever made a purchase like that without consulting the other income earning adult in the house.
    5 points
  4. I think empty boxes may be the Brickpicker spouse's #1 complaint.
    5 points
  5. Personally, with all the leg work, fees, risk, storage, research and everything else - for my time, if I get less than 50% profit after fees on a set, I consider it a loser in my book (and my goal numbers are actually much higher than that). Now, if there WEREN'T lots of sets capable of getting those profits or more, it might be different. But it's hard to think of 10-20% as a success when there are winners that will draw much bigger out there. If I wanted 10% return, I'd just invest with my financial planner. I want more aggressive returns, and for that, you have to take the risks and do the work. And of course, not all of my LEGO investments are winners (I've made lots of pretty awful purchases) - but my sets that end up much more than 100-150% profit make it balance out and worth it.
    5 points
  6. ​Big difference clicking a few buttons and buying a stock and selling Lego.
    5 points
  7. Favorite part of filming this set is all the mini figures that can be piled onto all the other pirate sets. Worst part of the set is that the pieces don't fit under the board even though LEGO made it seem like that would be an option. Bonus is the I reenacted a famous game from years ago (aka - Game of the Century).
    5 points
  8. I thought this would be a fun topic to start. Mods, if you feel differently then please feel free to delete it. We have all heard or been a part of the same story. You spent a bunch of money on some "toys", with the intention of reselling them in the future for more than what you paid for them. Meanwhile, your spouse was ready to have you committed to the looney bin, until you bought them this with some of your profits. I'll start... We have had a pool since we bought our home twelve years ago. Wisconsin winters can be a bit harsh, and this past winter Mother Nature decided that it was time for our old pool to go. She had her way with it, and reduced it to a pile of scrap. Our kids, who are nine and eight, were pretty upset about it, and my wife didn't feel like dipping into savings to buy a new one, so the Lego fund came to the rescue. We just had it installed three weeks ago, fully funded from Lego profit. Now my wife doesn't give me the old fish eye when she comes home and finds several packages on the doorstep. Does anyone else have any fun stories to share?
    4 points
  9. I re-invest all of my profits. One day I shall die and my kids will curse me for leaving them with 100K in Lego sets
    4 points
  10. its because some people view their time as having some value. ​to get a 10% return on stocks you make a phone call or click a mouse aka you have to do nothing. LEGO's don't list themselves for sale, wrap themselves in bubble wrap, find themselves a box to jump into, tape the box shut, weight the box, slap on a label and get to the post office. so yeah - 10% return on LEGO sort of sucks.
    4 points
  11. While not many of us seem to have heard of it - it was easy to find the meaning of the term (which is pretty offensive). Oversensitive or not - it was a pretty stupid thing for LEGO to let slip by. Plus, the one who wrote it for them must have known what it meant.
    3 points
  12. Reselling lego is working for your money. Investments like stocks is your money working for you. Nothing wrong with either (I do both) but I expect much higher returns if I am working for the money. And, working for your money is a double dip ... each you you spend working is an hour you are not spending doing something (else?) you enjoy.
    3 points
  13. I agree with most of this. I also think it depends on scale. Some people have their operation setup where they can find a box for just about anything so packing and shipping takes the same amount of time for a polybag, battle pack or SSD. I find myself scrambling to find boxes that aren't too big for certain sets. By the time I find the right one and get it packed, weighed, sized and a label printed I've burned up a half an hour. I know that sounds inefficient but I'm not at the volume to justify having everything on hand. I'm not real strict on trying to calculate an hourly wage for this venture/hobby. If you add up all the time I'm on brickpicker, I'm making pennies per hour. I enjoy this as a hobby, a way to earn some side income, and most of all, a way to justify the feeding of my hoarding instincts
    3 points
  14. Just traded 60 Simpsons S2 cmfs for a QAR (misb) :-)
    3 points
  15. You could always try to fool the site by logging in at work and stay logged in there... After that, log out at home and log back in. It should pick up your home IP and use that as your location from anywhere until you logout/login again. I don't know how it works, but I'm guessing that might work.
    3 points
  16. 3 points
  17. ​This is a good point, the sheer number of pieces and amount of shipping cost per transaction would likely inflate the brick-linked cost of this set significantly. How many hours do you spend cataloguing and searching for individual parts before your $/hr cost is greater than a couple extra hundred bucks to buy it pre-boxed, pre-sorted, 100% complete?
    3 points
  18. This roughly translated list from a Czech site gives some possible clues to this future series. Mad ScientistThe FlyCrazy WitchGargoyleGhost/Horror Baby – Scary Doll???Lady Vampire/Spider LadyGrim ReaperSpecter/Ghost/Phantom/SpiritSkeleton Guy/SkeletonBigfootTiger WomanWerewolfZombie Pirate CaptainZombie CheerleaderZombie BusinessmanPlant Monster/Man-eating PlantSource: The Brick Fan
    3 points
  19. Stay classy San Diego... San Diego cops bust major Lego theft ring, $100K worth of toys stolen
    2 points
  20. We just did a 5 day Disney cruise with the profits of me selling off some of my sets. The cruise itself cost me nothing, it was all profit from selling sets. I did, however, have to pay for the stay at Disneyland before the cruise.
    2 points
  21. I did a garage sale and sold $2000 in sets and made a profit of $460. Did not cover all of it but my wife was happy with the Genesis Weber grill that appeared at the house two days later, The grill is $750 so it covered well over half. I'm still crazy but not quite as much as I used to be in her eyes.
    2 points
  22. ​maybe that could be a poll...
    2 points
  23. Well, now I know why I never see the Joker Bumper Car here in San Diego Toys R Us'
    2 points
  24. also need to decide if they can charge them with 100k of theft or actual retail value theft of about 70-75k
    2 points
  25. Haha, the reporter called them LEGOS. ​Pretty sure the news video sums it up... Leave with a shopping cart full of stolen goods, come back minutes later with empty carts, do it again, all the while security video catches a very good view of your face.
    2 points
  26. ​"That's a suggestion. They have to put that on there."
    2 points
  27. Sold a three set bundle! TIE Fighter, X-Wing and Y-Wing for $260! Things have been going well in the LEGO selling world for us!
    2 points
  28. I recently inquired about why my country flag wasn't showing up under my user ID on posts. To solve this Jeff suggested that I log out of the forum and log back in again. This solved my issue and I'd suggest it to all members so we can keep track (visually) as to what is happening where with sales, findings, etc etc.
    2 points
  29. 2 points
  30. Inspired by German villages, this half timber three story building has the classic look of a hillside village shop in the den of the Bavarian forests. Complete with bakery and cool pretzel sign, this modular is an elegant addition to the café corner street scene. Now where is Lederhosen Guy? Here is the product page.
    2 points
  31. 76040 Brainiac Attack Rare is it that I put together a set I bought two days ago. But, you've got understand - as a 42 year old man, who has always loved Superman , this set is the bomb. It's got Brainiac with an awesome looking ship. In person, this thing looks menacing. Then you have Superman. And more importantly to me, Supergirl. Supergirl! I never thought I see her as a mini figure. And add Martian Manhunter to the mix - another character I've loved forever. This set is pure gold to me. Can you tell I read a lot of Silver Age DC Comics when I was a wee lad? Anyway, a winner all the way around in my book. Tough to get a discount on this, as it's a Target exclusive. I'm thinking this standing next to the Lex Luthor Power Armor is going to look pretty cool.
    2 points
  32. I was in local lego store and was told they are not getting any more PC in but she said when they do she buys them. Makes our job harder. Lol
    2 points
  33. ​That's my offer if I need to take the whole lot. Maybe 21k to 22k, but that's my maximum. You need to spend over 20K cash to bring those home. And some of the sets will sit there for a little bit longer. You probably need to get a new storage for those sets and stoarge is not free either, plus the time effort and risk of selling to an evil buyer. I may take advange ot this guy, but this is business. I want to maximize my profit. I'll just walk away if my offer is rejected, there will be no hurt.
    2 points
  34. Lunch break visit to myer. I added a pic. I just got the last two Palace Cinemas :-) no ecto love though
    2 points
  35. ​Also has anyone asked their dog about the PS retirement? I just figured as long as we're asking people who have no idea.
    2 points
  36. I did very well with those trains. The trick was buying at the right price. Everyone bashes LR, but it was an easy double if you did it right. Not every set is meant to sit in a closet for 3 years.
    2 points
  37. A couple UCS R2 10225 $270 (shipped) $307 (shipped)
    2 points
  38. AS long as they keep giving me 10.00 for every 50.00 spent...I'll keep shopping . 20% in store "dollars" is a no brainer and goes a long way to helping my profit margins in regards to selling. It's not like name brand products at K-Mart cost anymore or are inferior to the same name brand products sold elsewhere.
    2 points
  39. Update: My parts came in. The black 1x1s are in. Unfortunately the white 1x1s were quite yellow and discolored. My fault as I ordered used ones as an add on to another order as that's all the seller had. Only about 6 of them were usable. I usually only go for new condition white parts and this has taught me to stick to that rule. So I'll have to source a few more. Dark side looking good. Just Boba and Maul to come. I also have weapons to come, lightsabers and blasters etc. Light side looking a little sparse so far.
    2 points
  40. ​I believe that will be the technical name for this series, "Money Monsters". Now if only LEGO would turn Ed "Big Daddy" Roth's characters into minifigures to go alongside those rad rods of his. I would kill for a LEGO Rat Fink.
    1 point
  41. ​A box resizer or cutter is the second most important tool for an an investor after registering on this site.
    1 point
  42. In my best Rick Harrison voice "My buddy who's an expert says it's worth about $25K. I'll give you like $100. I'm taking all the risk."
    1 point
  43. ​Really??? 20k?? 24k is a fair number of which you could flip right now in less than a month and clear 4k. Hold the SW til Xmas, and the HH til OCT and probably milk another 1-2k out of it. Another member just sold out most of his collection in 3 days at higher prices than that (about 90% of current market / retail) Not sure where you came up with that number as something a person selling would even be motivated to do business with Anyone on here would buy Exclusives on that list for 20% off that are current but on there way out (which is basically what they are asking), at 24k thats 30% off his current list. You're suggested 20k is 40% off of those prices. Not even in the same ballpark.
    1 point
  44. ​Kingdom's Chess is doing pretty well, but I'm not sure about Pirates.
    1 point
  45. Shelf swiped 4x 31021 Furry Creatures for $7 - 65% off @ local walmart. yoink!
    1 point
  46. Anyone thinking of creating a Smaug vs Morro Dragon display ? Just me ? ETA: I like how the weapons are buildable a la Chima, but not as over the top
    1 point
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