As this set is now officially retired I thought I'd start a new thread as the name of the other one is now out of date

 

But moderators if you want to merge, feel free

 

So, this is the set that apparently most people have on their portfolios and the nay sayers were propheting doom and gloom about it's EOL performance.

 

So below is the Ebay UK price performance since November. Left Column are BNIB listings, the right one are used listings. I think this covers at least 90% of all UK listings for the time period.

 

Nov-13  102         82

Nov-13                 90

Nov-13                 97

Dec-13  132        107

Dec-13  120        94

Dec-13  99          92

Dec-13  129        111

Dec-13  116        84

Jan-14   162        137

Jan-14   178        115

Jan-14   155        

Jan-14   180        

Jan-14   140        

Feb-14  165         

 

These price include P&P which BP does not. P&P average for this set is approx

Yup, +$100 can be a major purchase for an investor and/or collector (fan).  Most flippers/investors will just have 1-3 at these price pts for big sets.  For those that have budget for +20 sets and have the patience to hold for 2-4yrs or more after retirement all the better for them.  Diversity is good.       

There isn't much too argue over. We all do what is our best interest and what we think will make us money. It's that simple.

-I don't always going shopping, but when I do I buy Lego-

I think we should all be glad we aren't all jumping on the same sets for 50 each.

Some people go for small/medium sets, some for the large ones. Some buy and hold, some quick flip, others part out.

This way, we all fill our little niche in the secundary market. If everyone would take Ed's Advice and put all our eggs in the basket that is Grand Emporium, probably no profit for anyone.

Prices in a market economy are affected by supply vs. demand. More supply vs. same demand equals less growth.

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I agree to what you say Bernard. I respect every investor here. The long and the short term's. I will never buy 20 of each exclusive. Unless they are dirt cheap. But that does not happen so often. I believe for me, diversity in my brickfolio is important. Quantity and Stylewise. So 5 of these, 5 of those, etc. If you manage to get 20 or 50 GE's and after EOL the value goes up in the skies you will still say "I wished I had bought more". Sometimes you have to be satisfied with what you have or archieved.

I guess that the investor purchase proportion of GE sales is relatively small - who knows. Take the scenario to the limit - assume investors buy every GE - the set doesn't go EOL at all when TLG pull the plug. Thus no change in price, and no profit, once fees are included

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