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Not a "Great Find" but I bough out a guy who got into the reselling game only to find out selling is harder than he expected. At first I was excited about this lot as he emailed me set numbers such as 10214, 10218, 10211 and 10224, but no quantities. I was expecting to bring 20K or so to the table. 10 TH, 10 GE... but no, he had just one of every set with a few exceptions. Oh well. I got another Town Hall to add to the pile.
 

NumberNameRetiredYear#MSRPTotal
8065Mini Container Truck V39 20111$11$11
40076Zombie Car V46 20121 $0
8282Quad Bike 20061$20$20
10214Tower Bridge 20101$240$240
10220Volkswagen T1 Camper Van 20111$120$120
5000030Excl. Spinner Accessories 20111 $0
10218LEGO Creator Pet Shop 20111$150$150
10211LEGO Grand Emporiumyes20101$150$150
10224LEGO Creator Town Hall Play Setyes20121$200$200
7958LEGO Star Wars Advent Calendar 20111$40$40
42011Race Car 20131$20$20
70113CHI Battles 20133 $0
21102Minecraft Micro World 20122$35$70
2856224Forestman 20111 $0
30250Ewar's Acro Fighter 20132 $0
5001621Han Solo (Hoth) 20131 $0
93984x4 Crawleryes20123$200$600
79008Pirate Ship Ambush 20131$100$100
75019AT-TE 20131$90$90
75020Jabba’s Sail Barge 20131$120$120
75005Rancor Pit 20131$60$60
75004Z-95 Headhunter 20132$50$100
3315Olivia’s Houseyes20122$75$150
9396LEGO Technic Helicopter (9396) 20121$120$120
9397Logging Truck 20122$140$280
9395Pick-Up Tow Truck 20121$70$70
42006Excavator 20131$80$80
      $2,791
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  • ​Big difference clicking a few buttons and buying a stock and selling Lego.

  • I think empty boxes may be the Brickpicker spouse's #1 complaint.

  • 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 num

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Not bad at all. Basically 20% off current market on the retired  sets and 20% off retail on the current but in the way out sets 

 

To bad its so far

​Don't know why you're interested, I don't see any Joker bumper cars in the list. ;)

​Don't know why you're interested, I don't see any Joker bumper cars in the list. ;)

Lol. Polys and big sets are different  categories 

Interesting and diverse listing. This would appear to be a portfolio common to many of us. Also cool to see how many bought in to Lone Ranger trains thinking they would do well.

It seems like Craigslist will be only place to find discounts on exclusives in the future.  I better start reading them.  

Assuming they are a memeber seeing there quoting brickpicker pricing correct?

How about this find on CL in the SF Bay area.

Selling my Lego collections. 187 NISB, about 90% of my collections are retired. Value at $33,500.00, asking $28K. Sell as a lot, will not part out.

SET Quantity Condition Brickpicker Value



Total 187 $33,572.23 

​No.

Basically you are paying the ebay rate after fees (not counting shipping and fees) and many of these sets are not going to realize significant growth.

33,500*(1-.129)=$29,178

 

Edit to clarify - yes, many sets will achieve growth but some are so new that you could buy them from other sources and receive discounts or rebates, etc.

 

 

Edited by redghostx

That person is close to me (about 15 minutes away) but I don't have anywhere close to that much to invest into Lego with. And my wife would literally kill me if I did.

​No.

Basically you are paying the ebay rate after fees (not counting shipping and fees) and many of these sets are not going to realize significant growth.

33,500*(1-.129)=$29,178

 

Edit to clarify - yes, many sets will achieve growth but some are so new that you could buy them from other sources and receive discounts or rebates, etc.

 

 

​This is exactly right. The seller knows what they will go for on eBay. Instead of going through the trouble, he did the same math that redhostx did and is trying to sell local for the same amount that he would net on eBay. It's a smart move from his perspective, it's way easier than selling all of these on eBay. 

Anyone who pays that much for that lot is not using their money wisely.

Anyone who pays that much for that lot is not using their money wisely.

​The lot isn't bad, the price is...I'd say he's not good at quitting either...

Edited by dcdfan

It seems like Craigslist will be only place to find discounts on exclusives in the future.  I better start reading them.  

​Discount gift cards and rewards can go a long way toward savings on exclusives.

Edited by exciter1

  • Author

Not a bad lot. The price us WAY too high. Low 20s is as high as I would go.

Interesting and diverse listing. This would appear to be a portfolio common to many of us. Also cool to see how many bought in to Lone Ranger trains thinking they would do well.

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. 

​This is exactly right. The seller knows what they will go for on eBay. Instead of going through the trouble, he did the same math that redhostx did and is trying to sell local for the same amount that he would net on eBay. It's a smart move from his perspective, it's way easier than selling all of these on eBay. 

​That's right. You need to pay time and energy if selling on ebay and you also need to take the risk. 

I would ask the whole lot for 20K. Most of the sets are still new and need time to appreciate well.

​That's right. You need to pay time and energy if selling on ebay and you also need to take the risk. 

I would ask the whole lot for 20K. Most of the sets are still new and need time to appreciate well.

​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.  

 

​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.  

 

​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. 

I completely agree. The seller obviously know that the only way of selling all of these sets together is to another reseller - at best, a new one wanting a shortcut into the game. The buyer has to see an end profit on the deal otherwise it isn´t worthwhile and some sets won´t grow more if at all.

They have put a highish but not unreaasonable price as a starting point to negotiate as they will know that experienced buyers will lowball /haggle with them using the arguments freakchem has made above.

What would be interesting parameters to know are reason for sale and the urgency the seller has - with these two parts of the puzzle, the price can be worked out quickly.

Edited by valenciaeric

  • Author

^ Yep. If I where local I would offer 21K. The list starts off great, but there are plenty of sets that I want no part if owning. 

  • Author

​No.

Basically you are paying the ebay rate after fees (not counting shipping and fees) and many of these sets are not going to realize significant growth.

33,500*(1-.129)=$29,178

 

Edit to clarify - yes, many sets will achieve growth but some are so new that you could buy them from other sources and receive discounts or rebates, etc.

 

 

Yes. If you paid full price and immediatly sold, you would not make any money. 28K is unreliastic. The seller can not expect to get "full price" for this lot without any work. He will be lucky to get anything over 21-22.

This is why you don't buy from people who know what they have. :)

 

Maybe I view things wrong, but when I invest in the stock market a 10% average annual return is considered strong. It is funny to see people on this site scoff at a 20% or so return on investment.

Maybe I view things wrong, but when I invest in the stock market a 10% average annual return is considered strong. It is funny to see people on this site scoff at a 20% or so return on investment.

​Big difference clicking a few buttons and buying a stock and selling Lego.

I totally agree. What's wrong with a 20% return? Investment managers would love to have that kindof return 

Maybe I view things wrong, but when I invest in the stock market a 10% average annual return is considered strong. It is funny to see people on this site scoff at a 20% or so return on investment.

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.

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.

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