Three different representatives told me at one point they were getting 400 orders per minute.
I'll buy whatever has the license from LucasFilm.

Yes....When it went live. They made a few thousand to sell. That was ether bad planning or a plan.

And if you are selling Lego for a living - someday soon, you just might find yourself applying for a job, at a car wash in NJ.

Speaking of car washing....I have been remodeling my car wash the past few weeks to reduce the number of employees. We have spent $750,000.00 to do so. Sorry, you are out of luck if you want a job washing cars. The trend is away from labor.

It is also the reason why I have been absent from the forums as of late. The car wash pays the bills and will get my attention first, unfortunately. Remodeling is a major pain in the butt and has taken away my free time. I can't even poop. LOL

11 minutes ago, inversion said:

That is right, but there is a clear pattern for which sets will be likely remade, anything else is low probability (only precedent is Toy Shop, which bombed). If you want to invest, just do not buy those. The era of skyrocketing CAGR of any half-decent set is over, and was over way before the re-releases. This happens to every market, it is called competition, and would still happen if there were no re-releases ever. Still, people who choose wisely are making money everywhere, on every market. If you look at the stock market, there are lots of stinkers, and lots of good opportunities. The stinkers do not make the good value stocks go away. The challenge is to find a new fresh market untouched by competition, or adapt.

I disagree on pattern, much less a clearly defined one.  This is just the beginning and worst is yet to come as far as investing.

Although I agree it is either adapt or die 

4 hours ago, MagicShop said:

100% correct... if they take the collectible aspect of Lego then it can be any brand of bricks that it just dont matter....
Why dont we have Ferrari remaking old cars and need cheap prices??? The is demand i'm sure  but they need that if they want to be special they know that not everyone will be able to buy it... how can Lego be so stupid in smashing their one brand and becoming a simple toy and not a collectible item ??|?|

I only buy Star Wars sets, but it does matter still because they have the licensing.

 

4 minutes ago, Ed Mack said:

Speaking of car washing....I have been remodeling my car wash the past few weeks to reduce the number of employees. We have spent $750,000.00 to do so. Sorry, you are out of luck if you want a job washing cars. The trend is away from labor.

It is also the reason why I have been absent from the forums as of late. The car wash pays the bills and will get my attention first, unfortunately. Remodeling is a major pain in the butt and has taken away my free time. I can't even poop. LOL

You can always hire me to stand around warning your customers of the doom & gloom that awaits them (if they fail to keep their cars clean & well maintained).

14 minutes ago, Ed Mack said:

Speaking of car washing....I have been remodeling my car wash the past few weeks to reduce the number of employees. We have spent $750,000.00 to do so. Sorry, you are out of luck if you want a job washing cars. The trend is away from labor.

It is also the reason why I have been absent from the forums as of late. The car wash pays the bills and will get my attention first, unfortunately. Remodeling is a major pain in the butt and has taken away my free time. I can't even poop. LOL

1 hour ago, jonr said:

 Out of curiosity, after buying over 100 Lego sets, I bought a couple of those "cheap knock offs" as they are described here.  I won't say which, but it starts with an L.  I wonder if people who are critical of them ever bought one?  

Not the "brand damage" to which I was referring. This has nothing to do with knock offs--it's about perceived value to the brand, and secondary market ("collectible") prices add to that value. 

It's how Lego gets people to buy a few bucks worth of plastic for $100 by slapping their name on the box.

Let this day be known as the great Taj Mahal Meltdown. #tajmahalmeltdown

Adorable to watch!

Lol Lego has really stuck it to people with this one. I'm stoked though since I don't have one. Now it can be mine. 

As fans lets petition Lego for a remake of Galidor see if they do it as we crave the nostalgic peroid in 02-04 which has the same vibes as right now for Lego.

Would still only be the 3rd most idiotic thing this year for them if they did it.

43 minutes ago, Ed Mack said:

Yes....When it went live. They made a few thousand to sell. That was ether bad planning or a plan.

I think it was a plan (not bad planning).  They needed to hide the reveal.  So, make it at only one factory (and not China), keep the people involved to a minimum.  Minimize the shipping of the product.  Yes, you're limiting supply at launch, but you have a much bigger impact.

We know how quickly LEGO can mass produce and distribute.  We're almost exactly a month out.  Rumor got out this weekend.  Perfect time to launch.  These will be readily available.

The new front box art has a Windows XP default wallpaper vibe to it...

2 minutes ago, Sandwraith said:

The new front box art has a Windows XP default wallpaper vibe to it...

Meh....New generation.....new re-releases.

 

Nothing wrong with this. 

I dont see this as bad sign. As an investor I wouldn't hold sets for more than 5 years post retirement, it is enough time for value gain, then sell and keep going. As a collector I would mind only if I have bought recently, if I have one I wouldn't care about new, if I dont have any I would rejoice and buy one for my collection.

Good thing I have been off loading my lego sets since about a year ago. Time to move my money into other investments, this is a bad look for investors. Now all old sets aren't safe from a remake.

Wish they would re-release sets from the vault that people cared about...

13 minutes ago, ravenb99 said:

Wish they would re-release sets from the vault that people cared about...

Is nothing sacred? 

So, I check on after a few hours at work to find 3 thread pages of Chima Fire Bikes, car washes, doom and gloom and Chinese counterfeits. Thank god there is less than a month till the thing comes out.

My take is this set was going to be a summer release but they delayed it, perhaps because the Star Wars movie also got delayed, and the Falcon would have been a May release and got put back to September. Maybe also that´s why the Snowspeeder got delayed. It´s all Disney´s fault.

13 minutes ago, ravenb99 said:

Wish they would re-release sets from the vault that people cared about...

YES

2 minutes ago, Val-E said:

So, I check on after a few hours at work to find 3 thread pages of Chima Fire Bikes, car washes, doom and gloom and Chinese counterfeits. Thank god there is less than a month till the thing comes out.

My take is this set was going to be a summer release but they delayed it, perhaps because the Star Wars movie also got delayed, and the Falcon would have been a May release and got put back to September. Maybe also that´s why the Snowspeeder got delayed. It´s all Disney´s fault.

54 minutes ago, kumas said:

I dont see this as bad sign. As an investor I wouldn't hold sets for more than 5 years post retirement, it is enough time for value gain, then sell and keep going. As a collector I would mind only if I have bought recently, if I have one I wouldn't care about new, if I dont have any I would rejoice and buy one for my collection.

There aren't going to be any more collectors who will pay more than retail if they keep doing this.

15 minutes ago, WCH said:

Good thing I have been off loading my lego sets since about a year ago. Time to move my money into other investments, this is a bad look for investors. Now all old sets aren't safe from a remake.

Same here. LEGO have played their trump card to hammer resellers and knocker-offers in one hit. At the end of the day, it’s a product to be built and enjoyed, not to be kept in its box.

At last I can build a TM without paying through the nose.

Just now, lazuli16 said:

There aren't going to be any more collectors who will pay more than retail if they keep doing this.

What comes around goes around, as much as Lego isn't for the investor, it hits them as the Investor buys in bulk from them.

Just now, Klownicle said:

What comes around goes around, as much as Lego isn't for the investor, it hits them as the Investor buys in bulk from them.

If only we knew the proportion of resellers vs collectors vs builders.