Are LEGO Sets Still a Good Investment?
Researchers have observed that retired LEGO sets tend to increase in value when no longer available for sale due to demand from fans and collectors.
This year, several of the best Lego sets are making waves as gifts for Star Wars, film, and Marvel fans. These collections are sure to delight any LEGO lover or movie fan!
Popularity
Lego bricks have an enduring appeal that ensures their demand remains strong, making them an excellent investment. However, you must have both time and patience before seeing a significant return from your investment; additionally you must properly store LEGO sets to protect them from dust or humidity damage.
The secondary market for retired Lego sets has seen significant growth over time, with immaculate sets increasing by 12-13% every year in value. Many are tied to iconic buildings, movies, or holidays; however, not all will increase in value; to make wise investments you must know how to identify and evaluate individual sets to invest in.
As there is now an increasing market of LEGO investors and resellers, investing in LEGO sets proved more profitable than traditional investments such as stocks or gold in terms of returns.
Appreciation
Though Lego sets may not seem like ideal investment vehicles, they can actually deliver an acceptable rate of return. On the secondary market, immaculate sets have seen returns as much as 12-13% year after year due to adult fans holding onto older sets that they cherish – willing to pay premium prices for them!
LEGO sets can become valuable investments, much like jewelry, antiques or art. For instance, the Taj Mahal set was retired in 2008 and can now be sold for as much as $3,000.
As with any investment, it’s essential to first understand their value before making a purchase. Brick Picker and BrickEconomy provide tools that allow investors to track current market prices as well as predict expected values and returns for specific sets – you can use this data to plan purchases that will maximize potential profits and minimize risks. It is also key to diversify your LEGO portfolio with sets from various themes, release years and price points in order to reduce risks while making it easier to sell your investment if necessary.
Value
When it comes to LEGO investments, maintaining its pieces is of utmost importance. Giving each piece some care and TLC will only increase its worth even if you decide not to sell immediately. Protecting sets from pets, smoke, sunlight and other damaging elements will help preserve them while Minifigures will become even more valuable if kept inside their respective boxes in their pristine state.
Value can also depend on its rarity or theme; research from HSE University showed that LEGO sets with high return-on-investment (ROI) rates tended to be ones popular with both children and adults, such as ones featuring iconic buildings, holidays, or entertainment franchises.
To maximize your returns from LEGO sets, the Brickfact App makes it easier than ever to locate those sets expected to go off sale soon and purchase them while they still available. Simply filtering by EOL (End Of Life) sets can help ensure maximum profit potential from this investment strategy.
Strategies
Researchers from a university in Russia recently conducted a study and discovered that retired Lego sets can actually outshone gold and stocks when it comes to value. According to this research, high-value collectibles like Lego have shown returns of 11% annually – significantly faster than average returns on gold or stocks investments.
Reasons behind Lego sets appreciating rapidly on the secondary market include their scarcity and wide appeal among nostalgic adults. LEGO enthusiasts also are willing to pay extra for sets featuring exclusive parts or figurines not found elsewhere or those themed around famous buildings, holidays or entertainment franchises; most expensive sets typically depict famous buildings such as Taj Mahal replicas or Millennium Falcon models.
If you want to get involved, purchasing popular sets while they’re still regularly available and then selling them off once they retire can be an excellent investment strategy. Keep in mind, however, that this kind of investing takes considerable time and storage space management; its returns may not be as quick or reliable as trading stocks or gold.
If you are wanting to do a deeper dive in to LEGO reselling strategies, check out this informative article on “LEGO Reselling Hacks: Tips and Tricks” for more insight.
Long-Term Prospects for Reselling LEGO Sets
LEGO investing can be a rewarding hobby with some research and thoughtful consideration. Just as with any investment, however, it is essential that realistic expectations be set while being prepared to accept some risk.
If you intend to sell a set after it retires from the market, make sure that any potential damage or wear-and-tear is considered when pricing. Furthermore, diversifying your portfolio by purchasing sets from different manufacturers is critical.
Typically speaking, larger and more intricate sets tend to appreciate faster than their less-expensive counterparts. Furthermore, sets related to popular movies or landmarks often perform well, as do limited edition and special release sets.
Reselling LEGO sets can be an enjoyable and lucrative way to diversify your portfolio, provided that proper research and knowledge of current trends within the community is undertaken before making major decisions. Also ensure your sets are stored safely and dry environments to protect their condition.