I saw this in my local Charlotte craigslist the other day. A guy offering his Lego business for $17,900.

 

https://charlotte.craigslist.org/tag/4730306684.html

 

I contacted him and asked for a complete inventory. He sent me a spreadsheet - if you're interested, I'm sure he'll send it to you. But, if you check out his website, he basically has 1 each of just about every item shown (2 or 3 of a few items).  I didn't price everything out, but going over about 25% of his list, I found a "book value" of about $4500 (25 % of his asking price).. To put that another way, 25% of the total list has a book value of 25% of his asking price, therefore he appears to be asking full book value on the entire lot.

 

To me, his inventory is mostly cats and dogs (mostly dogs)... a high percentage of small kits that - even EOL - are still only worth $4 or $5 each. Of course there's no Fire Brigade, nor HH, nor anything that's really hot right now. A few old classics.  A large Star Wars collection - much of which is listed as "MIB", which -according to him - means he has built it, displayed it, then put it back in its original bags and box.

 

I talked to him on the phone, and seems like a nice enough guy.  Also seems willing to break it up, or sell individual pieces... whatever you like.  I just didn't see anything that I'd want.

Edited October 30, 201411 yr by Kenxxx

With an average price of over $83 per set I'd say this guy is delusional. He'll be lucky to get half that.

Oof, seeing more junk than gems in those pics.

This makes me think, would you guys sell your entire lot for it's current brickfolio value? I probably would, one easy sale. Just start over after that. 

This makes me think, would you guys sell your entire lot for it's current brickfolio value? I probably would, one easy sale. Just start over after that. 

 

If you were holding only recently retired modulars/exclusives, probably not.

This makes me think, would you guys sell your entire lot for it's current brickfolio value? I probably would, one easy sale. Just start over after that. 

 

Not a chance. Our current brickfolio does not have a single ounce of fat on it. Don't take the easy way out. Sell those losers one at a time and remember the pain. It will stop you from "diversifying" and help you focus on the handful of winners in the future.

Not a chance. Our current brickfolio does not have a single ounce of fat on it. Don't take the easy way out. Sell those losers one at a time and remember the pain. It will stop you from "diversifying" and help you focus on the handful of winners in the future.

 

I don't have losers. My thought are more towards one easy sale vs individually selling hundreds of sets. Will still profit nicely but leave much on the table in exchange for an easy cash sale. Just thinking out loud a bit. It could be worth it. 

One sale would save countless hours of work selling them individually. It would depend on how much of a discount I'd have to give (for buying all) but I'd do it, especially if you could cherry pick out a few modulars/exclusives that havn't appreciated much yet.

This makes me think, would you guys sell your entire lot for it's current brickfolio value? I probably would, one easy sale. Just start over after that. 

 

Having not actually built the brickfolio for the investment room yet I can't really say, probably, but if there was an interested party in buying the entire BL store in one shot at %50 current inventory average I would certainly consider it. That would enable me to just invest & not have to deal with the spiralling black hole of selling time... such a simpler life that would be :-) 

This makes me think, would you guys sell your entire lot for it's current brickfolio value? I probably would, one easy sale. Just start over after that.

Under this scenario, yes. I'd be fine starting over. There are always good investments to be made, always things to QFLL. I know the value of my brick folio exceeds my cost, so it's a win.

I wouldn't hold anything. I'd be fine giving up everything, including retired exclusives with growth potential.