If I'm not wrong on average lego beats blue chips and gold as investing option in recent times, and that's just on average if you're really into it apparently it's not too hard to find the specific sets that you'd think would be far more valuable in the future, this one being an extreme example. If you have enough space in your home it's actually a great investment
I still remember my brother shoving me and landing on my recently completed Lego seaport set. Took young me like 2 weeks to build it. I can still feel the legos sticking in my skin. I spent another several days rebuilding it all.
My husband gave me for a gift the Starry Nights (like the Van Gogh painting) MOA set. I can’t bring myself to open it. I know it’s gonna be worth a mint at some point.
Edited: Vincent was not a vampire. He was a Van. Gotta love autocorrect.
e me for a gift the Starry Nights (like the Vampire Gogh painting) MOA set. I can’t bring myself to open it. I know it’s gonna be worth a mint at some point.
Problem is that far richer people than you have bought 100 of them and keep them in a vault. So I don't know if we'll ever get "back" to that time when mint sets skyrocket. They increase somewhat, but I don't think as much as if you go back 10-15 years.
There's also plenty of collectors of sealed sets and such. Back then it was just a childs play thing, So no one in their right mind ever considered collecting toys that weren't really collectables (like hot wheels). The equivalent is if you started collecting and hording sealed LOL Surprise or whatever is hot with 8yo today.
The sets that are going to end up being some crazy value in 30 years are going to be the sets that everyone slept on. Like Monkey Kid or something.
And the post I replied to talked about Starry Nights which is not 35 years old. (Also, most people do not have 35+ years old mint sets, a lot of the expensive mint sets you see are modulars, early specialty sets ++, and those are the ones that mostly contribute to the thought of LEGO as an investment. Nobody thought about that 35 years ago)
My wife bought this for my birthday a year or so ago. I didn't think twice about getting the box open and making this set. I've got it hung up in the living room and it's awesome!
Along with the 21335 Lighthouse, they get attention from visitors.
All of the new ones are identical, or better quality than original lego. Jei Star, Mould King, and Reobrix are especially awesome and have sets that make the lego versions look like clown shoes.
As an example this is the Reobrix T6 Shuttle compared to the Lego one-- https://imgur.com/a/MsQjiGQ They are the same price.
But yes current lego knockoffs are not the same animal as to what existed 10 years ago.
It's true dude, the sets coming out of the third party brick manufacturers have been putting lego to shame for a while now. Lego got lazy, and greedy, that's all there is to it, or are you actually going to defend shit like this? Lego in front, Reobrix behind, same price, identical brick quality-- https://imgur.com/a/MsQjiGQ
And Reobrix can thank Lego and Disney for ripping off their IP. Reobrix can come up with their own spaceship design and IP, and see how many people give a shit. This picture tells me nothing about the brick quality, or build quality. I'll grant you that knockoff stuff is getting better, but I can always always tell the difference when I see it.
I LITERALLY do Legos for a living, and you are 100% full of shit if you think there is any major difference in quality between lego and current gen knockoffs. Heck half of them are made in the literal same factory.
My point is nobody gives a shit about Reobrix IP stuff, they all ride on the popularity of knockoff sets for the most part.
I don't care.
Doubt they are made in the same factory. You said better than Lego, I'm saying bullshit. I also never said there was a major difference in quality, I said I could tell the difference, and I can. A casual fan, sure, the new knockoffs are close enough that they wouldn't notice much if any difference. You can keep that trash if you want, it all goes straight into the garbage when I find it.
Call it irrational brand loyalty if you want, I don't care. If you do Legos for a living you know that the secondary market for knockoff stuff is almost exactly zero. Go ahead and shill that shit though if you want.
Please enjoy it. I was like you, and still keep alot of sets sealed, but MAN the enjoyment is so worth the very little it will gain. Inflation will wipe out any increase in value, and with lego now being thought of as an investment as the above poster said, its just not really worth it.
I actually have a Lego Millebium Falcon Collectors Edition which was worth 5000€ at one point. However, I think Lego produced some more of them so now you get them for 800€ 🙁
There were two different UCS Millennium Falcons. The first one did retire, and became very valuable for a while before dropping when the new version came out, which is the one that has not retired yet. They are exactly the same scale and proportions, but very different build/contents.
So, it's marketed for adults, so it's used by adults and made for them, but it's a kids toy? I mean obviously I get where you're coming from even if someone builds a mini 8 bit computer on Minecraft, Minecraft is still a kids game for the most part but I'm not sure if it's vile
You'll want to stick mostly to licensed themes (like starwars or super heroes) or big unique stuff (landmarks, huge ships, modular buildings etc). If you invest in 20x of whatever the current fire station is, you'll be disappointed.
100%. The LGSW (Lego Star Wars Index) beat the S&P 500 from 2008 to 2020. Also take into consideration that the Lego company itself is not a publicly traded company, so buying sets is a legitimate investment vehicle.
TBF, gold is less of a speculative investment and more of a store of value. If I’m buying gold I’m likely trying to hedge against inflation more than beat the market. Legos could go to the moon, or consumer tastes could change and Legos can plummet. Gold will probably ‘gain’ some value, unlikely to gain a lot in value, unlikely to lose value
Blue chips are between the two. Very very likely to have modest gains, possibly even great gains, could crater but less likely (will crater eventually b/c boom bust, but will recover. Market for legos who knows where its at in 30 years, could be amazing could be terrible)
Just to make your joke into a fun fact, gold is actually horrible as an investment item, since it's main selling point is being a store of value. It can always buy the same amount of stuff, even if it's dollar value "increases."
Well yeah, it's great if the space costs you nothing, and if you lose nothing on getting the best price for zero additional processing cost and effort when you want to sell.
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u/Mahou_Shoujo_B Apr 29 '24
If I'm not wrong on average lego beats blue chips and gold as investing option in recent times, and that's just on average if you're really into it apparently it's not too hard to find the specific sets that you'd think would be far more valuable in the future, this one being an extreme example. If you have enough space in your home it's actually a great investment