Author

Topic: LEGO Sets Are Better Investments than Stocks, Bonds or Even Gold (Read 333 times)

hero member
Activity: 1680
Merit: 845
Both my brother and I were raised with Lego. Especially my brother, had quite a few old ones, which were scattered around in boxes, missing pieces or left uncompleted. It was till once I cleaned the whole storage, finding many old instruction manuals and rebuilt most of them. Unfortunately (or fortunately), I got older and stopped messing around with them, it's a pity to see them left to their fate.

I'm guessing that a few of them are possibly worth a decent amount of money, especially if they are old and have their instructions. I'd love to rebuild some of them at some point, but I am not living with my parents anymore, so I don't see it happening any time soon.
We might get eager again on collecting those pieces and trying to be complete as much as possible since we know that it could possibly ending up with have some value with those lego sets.

For now if we cant possibly see those stuffs due to various scenarios then lets just move on and thinking up those good old days had been part of our lives even though we cant benefit out from it

but its part of our childhood days without minding about those values or worth but rather the fun that it gives when we are still young.
Not sure how I'd achieve that, being 24 years old, with a full time job, six days a week, while also living away from my parent's home. Certainly, there are a few pieces from the late 90s, which are probably worth a decent sum of money, but it requires time and patience to sort all of them out.

I miss those carefree days.
legendary
Activity: 2534
Merit: 1338
I just finished cleaning the house. Now the Lego sets are complete again.  Grin Damn kids, I am now taking it to as safer place.

I enjoyed playing it with my kids up until now. Perhaps, because it is not easy to keep in sets/complete is what makes it more valuable. It's not just the oil or the plastic but being good at keeping it.
Then, there are a lot of fakes that had been created, the bigger ones that wrecks the item with just one drop. The original are mostly in small pieces only.
I am just afraid I will be the only one left playing it when this kids grow old with their smartphones and laptops.  Grin Yeah, old toys will be valuable someday.
You better teach your kids then the importance of your sets though, I have some friends that have kids and are avid collectors of statues of pop culture characters and that's what they're saying to me when the time that I get a kid, that I probably should teach them my hobbies so that when we get a shared interest, then I would be assured that I wouldn't worry that my collection would be destroyed. Regarding the topic though, I don't think that it's a good idea to do so because I feel like there's not a lot of people looking for this discontinued LEGO sets unlike stocks and bonds, you have a guaranteed profit.
That is one of the issues with those markets, the liquidity is low as the number of people that are looking for LEGO sets is limited, and most of the time they are going to be looking for the old LEGO sets as they most likely buy every single LEGO set in existence that comes out so as to no depend on someone else to buy it in the future for a high price, so while it could be interesting to do something like that if you already enjoy the hobby of collecting if that is not the case then it is better to not bother with it.
sr. member
Activity: 1274
Merit: 293
I just finished cleaning the house. Now the Lego sets are complete again.  Grin Damn kids, I am now taking it to as safer place.

I enjoyed playing it with my kids up until now. Perhaps, because it is not easy to keep in sets/complete is what makes it more valuable. It's not just the oil or the plastic but being good at keeping it.
Then, there are a lot of fakes that had been created, the bigger ones that wrecks the item with just one drop. The original are mostly in small pieces only.
I am just afraid I will be the only one left playing it when this kids grow old with their smartphones and laptops.  Grin Yeah, old toys will be valuable someday.
You better teach your kids then the importance of your sets though, I have some friends that have kids and are avid collectors of statues of pop culture characters and that's what they're saying to me when the time that I get a kid, that I probably should teach them my hobbies so that when we get a shared interest, then I would be assured that I wouldn't worry that my collection would be destroyed. Regarding the topic though, I don't think that it's a good idea to do so because I feel like there's not a lot of people looking for this discontinued LEGO sets unlike stocks and bonds, you have a guaranteed profit.
hero member
Activity: 2982
Merit: 790
Both my brother and I were raised with Lego. Especially my brother, had quite a few old ones, which were scattered around in boxes, missing pieces or left uncompleted. It was till once I cleaned the whole storage, finding many old instruction manuals and rebuilt most of them. Unfortunately (or fortunately), I got older and stopped messing around with them, it's a pity to see them left to their fate.

I'm guessing that a few of them are possibly worth a decent amount of money, especially if they are old and have their instructions. I'd love to rebuild some of them at some point, but I am not living with my parents anymore, so I don't see it happening any time soon.
We might get eager again on collecting those pieces and trying to be complete as much as possible since we know that it could possibly ending up with have some value with those lego sets.

For now if we cant possibly see those stuffs due to various scenarios then lets just move on and thinking up those good old days had been part of our lives even though we cant benefit out from it

but its part of our childhood days without minding about those values or worth but rather the fun that it gives when we are still young.
hero member
Activity: 1680
Merit: 845
Both my brother and I were raised with Lego. Especially my brother, had quite a few old ones, which were scattered around in boxes, missing pieces or left uncompleted. It was till once I cleaned the whole storage, finding many old instruction manuals and rebuilt most of them. Unfortunately (or fortunately), I got older and stopped messing around with them, it's a pity to see them left to their fate.

I'm guessing that a few of them are possibly worth a decent amount of money, especially if they are old and have their instructions. I'd love to rebuild some of them at some point, but I am not living with my parents anymore, so I don't see it happening any time soon.
hero member
Activity: 2912
Merit: 642
I just finished cleaning the house. Now the Lego sets are complete again.  Grin Damn kids, I am now taking it to as safer place.

I enjoyed playing it with my kids up until now. Perhaps, because it is not easy to keep in sets/complete is what makes it more valuable. It's not just the oil or the plastic but being good at keeping it.
Then, there are a lot of fakes that had been created, the bigger ones that wrecks the item with just one drop. The original are mostly in small pieces only.
I am just afraid I will be the only one left playing it when this kids grow old with their smartphones and laptops.  Grin Yeah, old toys will be valuable someday.
legendary
Activity: 3122
Merit: 1140
I don't know that Lego is that kind of worthy thing. What I know is that many children like lego toys so much. And some teenagers or even adults are also fond of the toys. But I am actuallay not really sure this is a worthy investment in my country. Because there are not exactly may people who are interested in Legos.
That is why I am not sure whether the research is in line with condition in my country or not.
It seems like a tupperware that is also very valuable, isn't it?
Value you mean?
You could check this link out.
https://www.fatherly.com/gear/most-valuable-lego-sets-minifigures/

Its a toy but cant really be denied that these are really having some expensive figures not including those limited edition or
something in collectors item.
full member
Activity: 728
Merit: 117
I don't know that Lego is that kind of worthy thing. What I know is that many children like lego toys so much. And some teenagers or even adults are also fond of the toys. But I am actuallay not really sure this is a worthy investment in my country. Because there are not exactly may people who are interested in Legos.
That is why I am not sure whether the research is in line with condition in my country or not.
It seems like a tupperware that is also very valuable, isn't it?
hero member
Activity: 2044
Merit: 784
Leading Crypto Sports Betting & Casino Platform
LEGO is so valuable (the old discontinued sets) because besides being a creative toy full of possibilities, it's also very well made (probably the most well polished of the entire toys' industry) with excellent raw materials quality.

Moreover, LEGO is nostalgic for many adults who had a set or another back then or just desired to had that, although the parents couldn't afford the toys.

Naturally these sets become highly appreciated relics along the decades. Personally, I always dreamed about some sets from the 2000's, like the Old West, Jungle, Sphynx from the egyptian set, Ninjas, Medieval...

And now it's not possible anymore, because the sets' styles were completely changed and in my opinion they have lost their originality.
hero member
Activity: 3080
Merit: 603
I have watched many videos of those big guys that are overwhelmed when their girlfriends have given them a huge Lego set toy. I thought that it's just personal happiness but there seems to be a market value that can grow eventually overtime. Someday, there's really going to be a big value for those good conditions since everything and every toys have their collectors that wants to display it somewhere in their house and the process of collecting it gives them happiness in return of having a greater value as they purchase.
hero member
Activity: 812
Merit: 509
Alternative investments have vastly outperformed a lot of asset classes.

Of course, there are risks involved but I actually think that risk-adjusted returns wise they can actually continue to return more than market indices over the long run.

However, the catch is that you need to make sure you understand how it works first before putting money in. It's not as simple as buying an ETF.

Also, don't put money into securitized versions of these alternative investments (e.g. fractional art, that just doesn't make any sense to me).
hero member
Activity: 2954
Merit: 683
Who would have thought that Lego could be of value? My child's interest disappears as soon as he assembles another Lego car or model. The further fate of these plastic kits falls into one large box with toys, or simply wallows underfoot. I will definitely explain to my son that by scattering these objects, he is simply walking on the future money. Grin
Although yes, in a new form, Lego sets are quite expensive in our country.

They might really ending up on having a value in future years to come and that would be always varying on such recognition.I cant really still believe that these plastic toy could really have
that kind of possible value which we know that this isn't really the right thing since they are built up for other purpose.

Speaking of Stocks Bonds or even Gold then nothing beats out but there are just people who do have own perception on things whether it could really have some value in future years
to come or doesn't have and this one had been included.

So its a personal set of choice whether they do believe it or not.
legendary
Activity: 2912
Merit: 6403
Blackjack.fun
I suspect the 11% is probably a hard to get target too. I don't know how much Lego expanded since the 80s too and you run into the risk of discontinued sets not staying that way.

Also, the past might not be a good reflection on the future... The study was also done by collectors of Lego sets too.

And the study focused on limited editions most likely, and those are hard to get in the first.
The main source of that article is nypost, and nypost is just a clickbait newspaper.

Now, since they mentioned a set like the Millennium Falcon, one can easily check on it.
It was around 500$ when it started in 2007 and the last offer on brickcatalog was around 1,899.79 , a bit short of 2200 you could have made with the 11% but still in range. But it wasn't sold!
Just as head up, on eBay there is a guy demanding 4500e for it.

All those lost Legos that my brother tried to eat or stuff in his nose would be crying right now. I was checking the price of Legos for Christmas, the titanic one, apparently it's 500$, which made me extremely anxious regarding how fast the prices are rising and would we be able to keep up with the inflation??

You should have bought it when you had the chance, it's out of stock with the last price of 599 Euros here. Grin You missed doing a 36% profit in less than a month.

Now joking aside, some sets do really gain value, especially sets that resurface with movies or other events, star wars is the example, although lately they've done so many it probably has diluted the market. So you don't need to only buy them but buy the right ones, damn, like investing in shitcoins.

Can't wait till lego starts doing NFTs and suddenly half of the critics start praising lego sets.   Cheesy
hero member
Activity: 1526
Merit: 596
Basing off future performance off the past is just ridiculous, and anyone with a brain should be able to pick this up.

But there is some merit to this article, imho.

I think that unconventional investments are gaining more and more legitimacy because of the fact that interest rates are so low and traditional investments such as equities are simply not delivering the results that people want. This is also the reason for the NFT run-up last year.
legendary
Activity: 2086
Merit: 1058
Who would have thought that Lego could be of value? My child's interest disappears as soon as he assembles another Lego car or model. The further fate of these plastic kits falls into one large box with toys, or simply wallows underfoot. I will definitely explain to my son that by scattering these objects, he is simply walking on the future money. Grin
Although yes, in a new form, Lego sets are quite expensive in our country.
This is not regarding the small item that you buy in every store. This is more about the unique ones that are limited edition. Regular legos do not really worth that much, still worths a good amount of course but those pieces are manufactured constantly and they do not have that kind of value unfortunately.

The unique ones that you combine and build something do have it. So, if you are getting "any" shape and box and just build whatever you want with it, then it usually doesn't worth that much even after decades, whereas if you buy something like let's say a death star from star wars type of thing then it does worth money in the end because it is limited and so forth.
legendary
Activity: 3150
Merit: 1392
Join the world-leading crypto sportsbook NOW!
I know people who are into LEGO sets, and those are quite expensive, but 11% returns annually don't sound too impressive when compared with Bitcoin. Also, why is the data stopping at 2015? Might it mean that for 6 years the trend hasn't continued? I do support the idea of not throwing away LEGO because it's plastic and throwing it away is wasteful, but what I fear is that people will start buying new ones to simply hodl them. Also, it caught my eye that unopened sets were analyzed, so I don't see how keeping old LEGO sets is supported by this research.
legendary
Activity: 2072
Merit: 4265
✿♥‿♥✿
Who would have thought that Lego could be of value? My child's interest disappears as soon as he assembles another Lego car or model. The further fate of these plastic kits falls into one large box with toys, or simply wallows underfoot. I will definitely explain to my son that by scattering these objects, he is simply walking on the future money. Grin
Although yes, in a new form, Lego sets are quite expensive in our country.
legendary
Activity: 2534
Merit: 1338
I never understood these lego or beeny baby or whatever those things are called stuff. I mean don't get me wrong, I do not want to sound like old timers who say "whAt Is NfT??" and never get the idea, I understand why something would be precious to some people but it is something that can be built, that's the weird part.

Like lego company could see each goes for over a thousand each, and produce enough that it would be 100 bucks each for thousands of products and make a killing, what stops them from doing it? I am not saying that they will, but I would be very anxious to invest into something that someone can drop the value so quickly.
You are basically touching the main problem with all of this, even if there are some Lego sets that are very valuable there is nothing stopping the company from creating new editions of those same sets, and while some may decide to still pay a high price for the originals the truth is that something like this will reduce their value, in fact we see a very similar scenario when governments print their fiat in the sense that the more they print the less value it has.
hero member
Activity: 1498
Merit: 711
"Play Poker on Telegram"
What seems good to you might not be good to others, and vice-versa. Stocks, bonds, golds, crypto, real estate, lego, and other valuable objects can be a good investment. It just depends on someone what among those will he pick and how he would hold it to preserve its value or even go beyond its value during selling time.
I really like your perception, we might find something very difficult to compromise with it due to the gravity of information we heard about the stuff, right now this your statement sounds so encouraging to newbies to the community, it's very obvious human nature that what favoured (mr A) can not favour (mr B) the way, you might castigates a particular platform because your were not successful when you were in contact with them, that doesn't not means another person won't succeed again from the same area, so in no shell, we have grab the courage of another to elevate ourselves
legendary
Activity: 2310
Merit: 1598
Do not die for Putin
There is something to be said about alternative asset classes and particularly some classes that would usually not be conceived as something to invest in. It is not only Lego sets it is now about any limited edition of Nike shoes or any other fashion brand. So I do not only agree with your view, but I would also extend that to many items that were originally intended for consumers and as non-durable or mid=durable items. Hint: limited editions of Swatch watches may also do the trick  Wink
hero member
Activity: 2996
Merit: 609
Totally agree on this, I could store gold or silver in my pocket worth 500 dollars than a set of LEGO, which needs extra care and wait for how many years to attain what your expectation of price is. Gold and Silver has been there for us thousands of years ago, it's just hard to replace it by anything especially LEGOs.
Lego collectors will take this opportunity to stock more as they van see it as investment, actually many toy collectors feel satisfying happiness already by just seeing them so what more when they will have a chance to make profit on it in the future like how popular auction ir shops accepting collectibles items especially the oldest ones are now. It will depend on us where to invest our money, as long as we divesrsify our money and investment to properties, crypto, stocks, gold or collection then it will be fine if managed properly.
Some doesnt really bother on making it as an investment but rather they are just following on whats their interest in.It did just turn out that these LEGO's did really make out some significant popularity

which turns out to be beneficial to those who are dealing with it and make out some sort of masterpiece or extraordinary works from those lego sets or pieces.

Value? It does depend on the demand but recognition of LEGOs would surely remain forever even some people do say it is just a toy.
legendary
Activity: 3654
Merit: 1165
www.Crypto.Games: Multiple coins, multiple games
I never understood these lego or beeny baby or whatever those things are called stuff. I mean don't get me wrong, I do not want to sound like old timers who say "whAt Is NfT??" and never get the idea, I understand why something would be precious to some people but it is something that can be built, that's the weird part.

Like lego company could see each goes for over a thousand each, and produce enough that it would be 100 bucks each for thousands of products and make a killing, what stops them from doing it? I am not saying that they will, but I would be very anxious to invest into something that someone can drop the value so quickly.
legendary
Activity: 3234
Merit: 5637
Blackjack.fun-Free Raffle-Join&Win $50🎲
I'm having a hard time trying to take the article seriously lmao.

Like, sure, as could any other illiquid and speculative asset such as basketball/baseball/Pokemon/MagicTheGathering cards, or rare vinyls, or limited-edition sneakers, or Kobe Bryant memorabilia, or a Rolex/Patek Philippe watch, etc etc. But it doesn't automatically mean that these are better "investments" in a risk-adjusted basis.

I understand in which direction the article is aimed, but the market for Lego is certainly not nearly as big as the market for gold, silver, or stocks - that is, people who are interested in such things do not make up a large percentage of the world’s population. In addition, in the event of world war, natural disasters, or hyperinflation, gold and silver will always be a universal means of payment, and I would like to see how much the 1970 Lego set will be worth in that case.

Should we now consider that Lego is even better than Bitcoin? Roll Eyes
full member
Activity: 1344
Merit: 110
SOL.BIOKRIPT.COM
I don’t think that legos are better investments than gold or stocks. I think the author was just over exaggerating. You need to understand you have no idea which Lego set will be big in 20 years. So what are you going to do? Buy every single set that they release. They release maybe 100 new sets a year and some of these sets are expensive and extremely Large.

Where will you store these Lego boxes? Need to store it in some heated room so it doesn’t get water or moisture damage. Seems that holding gold would be much easier.

This is like one of those lucky investments where only 1 in 100 sets becomes so rare that it’s value appreciates. Either way great read.

Totally agree on this, I could store gold or silver in my pocket worth 500 dollars than a set of LEGO, which needs extra care and wait for how many years to attain what your expectation of price is. Gold and Silver has been there for us thousands of years ago, it's just hard to replace it by anything especially LEGOs.
sr. member
Activity: 2394
Merit: 454
This is a subjective matter. This won't apply to everyone because we have different tolerance to risks and we have different appetites as well. What seems good to you might not be good to others, and vice-versa. Stocks, bonds, golds, crypto, real estate, lego, and other valuable objects can be a good investment. It just depends on someone what among those will he pick and how he would hold it to preserve its value or even go beyond its value during selling time.

We are all different and we want different things too. We prioritize to buy mostly what we want right after what we need. Hence, investing in lego could be a good idea because for others because for them it holds a great price and it could be suitable for all ages, may you be a child, teenager, or adult. Another reason is that they could really be fond of seeing, playing, and collecting it too. Although to some it might appear to be useless or worthless because they don't like it and they don't see the need for it will arise in the future given the production and manufacture. So basically, it just depends on how you will choose to view and appreciate it.
hero member
Activity: 3094
Merit: 929
Really interesting article.
I remember having LEGO as a kid,but I don't remember where did I put those LEGO toys.They are probably thrown away in the garbage.This is like throwing a laptop with your Bitcoin wallet on the hard drive. Grin
I'm pretty sure that the company,which produced LEGO toys will find an alternative to plastics.
I'm hearing lots of news about companies producing new kinds of materials,which are more environmentally friendly and easy to recycle.Sooner or later,plastics will be replaced by a another material.

Quote
Maybe if the apocalypse happens, people won't exchange gold or silver. They'll simply exchange lego sets as a form of currency. It appears lego sets appreciate at a greater sustained percentage than precious metals, anyway.

If the apocalypse happens,people won't bother exchanging anything,because they will be dead.


hero member
Activity: 2086
Merit: 603
Could be.
With the collectible market up rising since ages one can think of LEGO as futuristic investment. However there are many cons in this investment considering the “availability” of the product on the market. It’s nothing like LEGO can not be manufactured by others or there is any sort of monopoly or patent in doing so. There is high chance of forgery since it’s widely available and can be mixed up with adulterated material easily. How would you verify a box of Lego that is opened up by kid and has missing parts too. The devaluation is at its peak.

But surely it’s something out of box.  Wink
hero member
Activity: 2576
Merit: 666
I don't take loans, ask for sig if I ever do.
Pretty sure this is overexaggerating? I mean I don't deny that LEGO sets do indeed have value since some people like collecting a bunch of them, but it only has value for well, that small group type. There's only a minuscule amount of people who would be willing to spend a huge amount of money on LEGO collectibles. Plus it's kinda, well, dumb? To compare collectibles to what, stocks and bonds? Like for real? People would've bought out every LEGO set out there if it was actually true.
sr. member
Activity: 1498
Merit: 416
They're a collectible and they do not generate daily or even annual income so I don't think that LEGO are a better investment than stocks or bonds not to mention that it's difficult to find a discontinued LEGO because they don't discontinue their sets easily and at the same time, no one knows which one's going to get discontinued.
legendary
Activity: 3808
Merit: 1723
Up to 300% + 200 FS deposit bonuses
I don’t think that legos are better investments than gold or stocks. I think the author was just over exaggerating. You need to understand you have no idea which Lego set will be big in 20 years. So what are you going to do? Buy every single set that they release. They release maybe 100 new sets a year and some of these sets are expensive and extremely Large.

Where will you store these Lego boxes? Need to store it in some heated room so it doesn’t get water or moisture damage. Seems that holding gold would be much easier.

This is like one of those lucky investments where only 1 in 100 sets becomes so rare that it’s value appreciates. Either way great read.
mk4
legendary
Activity: 2870
Merit: 3873
Paldo.io 🤖
I'm having a hard time trying to take the article seriously lmao.

Like, sure, as could any other illiquid and speculative asset such as basketball/baseball/Pokemon/MagicTheGathering cards, or rare vinyls, or limited-edition sneakers, or Kobe Bryant memorabilia, or a Rolex/Patek Philippe watch, etc etc. But it doesn't automatically mean that these are better "investments" in a risk-adjusted basis.
legendary
Activity: 3122
Merit: 1140
Seeing how many great things one can do with lego sets, I do agree that their value will have a significant increase in the future. While they may remain as kids toys on most parts of the world, their cultural influence on all ages is undeniably huge, which may even be the reason as to why there is a growing market for lego enthusiasts. They even have master builders on some areas for each stores, which goes to show how they value legos as a whole.
Which i cant really blame off with those kind of mindsets or impressions about on being a better investment because we know on how huge the influence these Lego or simply a toy over generations then we could really

say that it does really have that kind of popularity and recognition which cant really be simply be vanished out but in general sense then its incomparable for it by means of investment specially with Gold.

I wont really be crossing out gold on the best option in terms of store of value but why would need to choose if you could deal with both?
legendary
Activity: 3024
Merit: 2148
Lego is a speculative investment, while stocks and bonds can be to a high extent analyzed to predict how they will perform. Dogecoin has also outperformed stocks like Facebook or Apple, but it doesn't make it a good investment. Though I wouldn't say that Lego is a bad investment, it has huge cultural value and should be viewed as a collectible, but you can't just jump into this market without knowing anything about it, that's a sure way to lose money by making bad deals or even getting scammed.
legendary
Activity: 2688
Merit: 1192
Legos are manufactured from plastic. Most plastics are derived from oil, if I remember correctly. A side by side chart comparing the value of lego sets versus the price of oil could make for an interesting contrast.

California banned plastic straws in favor of paper straws. Around the world many crude oil derived practices are being deregulated out of existence. Some US states have banned the use of small gasoline powered engines. Gas fueled lawn mowers, trimmers and leaf blowers are being banned in favor of lithium battery powered or plug powered equivalents.

With regulation cracking down on crude oil derived things. The production cost of manufacturing lego bricks (crude oil derived) could rise significantly. Which could in turn fuel lego HODL prices as far as markets can sustain them. Although if crude oil ever became scarce enough to produce high returns on lego sets, our societal issues could have expanded far beyond a point where we're concerned about collectibles or toys.

That said I think I have to love the out of the box thinking present. Maybe if the apocalypse happens, people won't exchange gold or silver. They'll simply exchange lego sets as a form of currency. It appears lego sets appreciate at a greater sustained percentage than precious metals, anyway.

You certainly bring up an interesting idea - that there is money to be made in Lego. However the title is misleading as it implies that every Lego set is destined to go up in value when it is not. You could easily lose money buying into lego and it comes with all sorts of costs associated with reselling such as packaging, postage and fraud that get conveniently overlooked. It could become a lucrative business for anyone who has the time and patience to hunt down bargains, but like anything it'll probably take years to make a profitable business out of this so beware before jumping in blindly. After just a little research it's clear that some sets lose substantial value over time.
legendary
Activity: 2534
Merit: 1338
That said I think I have to love the out of the box thinking present. Maybe if the apocalypse happens, people won't exchange gold or silver. They'll simply exchange lego sets as a form of currency. It appears lego sets appreciate at a greater sustained percentage than precious metals, anyway.
It is an interesting take, however Lego sets have not passed the test of time, I understand that people can make money with collectibles and memorabilia but those markets are highly unstable and cannot be considered to be a store of value, the reason gold and silver are considered to be a store of value is because they have proven this through thousands of years, and while bitcoin is even newer than Lego bitcoin is scarce so we know it can perform the same function, while a Lego set can always be remade causing the price of that set to go down.
legendary
Activity: 3542
Merit: 1352
Cashback 15%
Seeing how many great things one can do with lego sets, I do agree that their value will have a significant increase in the future. While they may remain as kids toys on most parts of the world, their cultural influence on all ages is undeniably huge, which may even be the reason as to why there is a growing market for lego enthusiasts. They even have master builders on some areas for each stores, which goes to show how they value legos as a whole.
hero member
Activity: 2212
Merit: 786
Oh this is actually an interesting fact! I think I watched a video on YouTube before regarding the top 10 most expensive LEGO sets and many have commented that owning legos have been an investment on their part. I think it is also due on the demand/supply on how LEGO manufactures their toys. While most people see it primarily as a toy, others see it as an investment.

Interesting, however, that the demand/supply of LEGO has been consistently been sought after by collectors. By releasing limited-edition sets and seasonal designs, its price definitely skyrocketed the market that ultimately resulted to it being regarded as an investment.
hero member
Activity: 1862
Merit: 830
All those lost Legos that my brother tried to eat or stuff in his nose would be crying right now. I was checking the price of Legos for Christmas, the titanic one, apparently it's 500$, which made me extremely anxious regarding how fast the prices are rising and would we be able to keep up with the inflation?? This time of Legos!? It was supposed to be a present for someone and at the end I just got them a vintage camera Instead. My mum also decided to gift many if my Lego sets to other kids as well, I should be telling her regarding this now. But at the end of the day there are many cheaper alternatives available in the market as well, Legos are definitely the priciest ones but people are generally choosing the other companies as well. I do think that people who have collectibles of anything! Would make tons of profits for sure.
legendary
Activity: 3458
Merit: 6948
Top Crypto Casino
Legos are manufactured from plastic. Most plastics are derived from oil, if I remember correctly. A side by side chart comparing the value of lego sets versus the price of oil could make for an interesting contrast.
Plastics are polymerized organic compounds, but for the life of me I can't remember if they're still making plastic from any of the hydrocarbons found in oil.  You'd think scientists would have figured out a cheaper way to synthesize the various forms of plastic without the use of crude oil byproducts.

I don't think a Lego vs. oil price chart would tell you much, because while oil has fluctuated wildly for many years, Legos that you could buy on the shelf of your local department store probably just rose with whatever the inflation rate was at the time.  The article is talking about Legos as a collector's item, and that has nothing whatsoever to do with the price of oil.  I'm not surprised that there's a market for them among collectors, but I don't know how long that's been a thing.

All in all you clearly cannot count Lego as a "store of oil/plastic value", there are way cheaper means for it, from the Lego clones to most the old/torn sports clothes.
No, that's what I was pointing out in my post above.  It's possible that if the plastic Legos are made of is indeed made out of oil that their price might go up a little if oil were to skyrocket, but I don't think there would be much correlation between the two things if you were to compare prices over at least a few decades.  And as jackg is also pointing out, the high price of Legos only goes for genuine Legos, because for whatever reason people want them, and they want the real thing and not some Chinese counterfeit or knockoff.
copper member
Activity: 2856
Merit: 3071
https://bit.ly/387FXHi lightning theory

As a father I can tell that Lego toys are hugely overpriced. Also a lot of clones/fakes do exist, from only cubes to full sets - few even with Lego logo on them - and all do match; of course, the originals are usually sturdier and fit better, but if one is not a parent (s)he may not see much of a difference if the box is not given.

If you have a dupe and a real one you can normally tell the difference too - the real stuff sticks a lot better but the counterfeit side has a lot more variety on what they make - potentially due to the lack of testing/quality controls...

Online trading and auctions may be quite affordable. In connection with the rise of counterfeit goods, and it is not a little done by duplicators to drop the market price of Lego sets.

Yeah counterfeiters will do a lot to drop the prices of goods too, this'll become more common now as well.

In terms of replacing plastic with wood, it means that the difference in price and characteristics will change? because it's about the authenticity of the goods.

The product will still be "authentic" but full plastic sets would become more valuable if they did replace the plastic material with something else.
Both would still be quite printable/mass producible too.
sr. member
Activity: 1848
Merit: 341
Duelbits.com
Based on where I live, the Lego sets are no longer visible. Neither in the toy market, except for places like the Hot Wheels toy store, which are no less expensive. So how can we reach the Lego sets market in order to invest?

I'm guessing the data from the study was probably only taken from a few places (such as ebay).

There's probably a lot of both online and in person trades (maybe also in person auctions if a set is very rare).




I suspect the 11% is probably a hard to get target too. I don't know how much Lego expanded since the 80s too and you run into the risk of discontinued sets not staying that way.

Also, the past might not be a good reflection on the future... The study was also done by collectors of Lego sets too.



If oil does become more expensive, Lego could either change the oils used to make the bricks (to distilled plant/vegetable oils) or change what some of their bricks are made out of material wise (such as using wood instead of plastic).

Online trading and auctions may be quite affordable. In connection with the rise of counterfeit goods, and it is not a little done by duplicators to drop the market price of Lego sets. Usually, a Lego Set toy collector will know the characteristics of real and fake toys. Distinguishing these is the key to owning a genuine Lego set. In terms of replacing plastic with wood, it means that the difference in price and characteristics will change? because it's about the authenticity of the goods.
legendary
Activity: 3668
Merit: 6382
Looking for campaign manager? Contact icopress!
That said I think I have to love the out of the box thinking present. Maybe if the apocalypse happens, people won't exchange gold or silver. They'll simply exchange lego sets as a form of currency. It appears lego sets appreciate at a greater sustained percentage than precious metals, anyway.

As a father I can tell that Lego toys are hugely overpriced. Also a lot of clones/fakes do exist, from only cubes to full sets - few even with Lego logo on them - and all do match; of course, the originals are usually sturdier and fit better, but if one is not a parent (s)he may not see much of a difference if the box is not given. All in all you clearly cannot count Lego as a "store of oil/plastic value", there are way cheaper means for it, from the Lego clones to most the old/torn sports clothes.

On the other hand, based on this kind of news, parents may have to buy some extra Lego sets in advance for the next Christmas, just in case...
copper member
Activity: 2856
Merit: 3071
https://bit.ly/387FXHi lightning theory
Based on where I live, the Lego sets are no longer visible. Neither in the toy market, except for places like the Hot Wheels toy store, which are no less expensive. So how can we reach the Lego sets market in order to invest?

I'm guessing the data from the study was probably only taken from a few places (such as ebay).

There's probably a lot of both online and in person trades (maybe also in person auctions if a set is very rare).




I suspect the 11% is probably a hard to get target too. I don't know how much Lego expanded since the 80s too and you run into the risk of discontinued sets not staying that way.

Also, the past might not be a good reflection on the future... The study was also done by collectors of Lego sets too.



If oil does become more expensive, Lego could either change the oils used to make the bricks (to distilled plant/vegetable oils) or change what some of their bricks are made out of material wise (such as using wood instead of plastic).
sr. member
Activity: 1848
Merit: 341
Duelbits.com
Talking about the collection of Lego Set toys, it's no wonder that since it was launched on the market, it has also been in great demand by both children and adults. Like it or not, back again to the people who are willing to pay dearly. Moreover, in today's market, anything can have a high selling value. Especially with Lego sets. At first glance, it's just a plastic toy and sometimes we can find it in the garbage pile because people don't know that it has such a great value.

Based on where I live, the Lego sets are no longer visible. Neither in the toy market, except for places like the Hot Wheels toy store, which are no less expensive. So how can we reach the Lego sets market in order to invest?
legendary
Activity: 2562
Merit: 1441
Quote
Here’s a piece of advice for anyone looking to invest wisely for long-term gains: don’t get rid of those old LEGO sets just yet because they might be worth some serious dough.

They’re a wildly popular diversion for both kids and adults, and now it turns out that LEGO sets—discontinued ones at least—may be seriously valuable collectibles to boot. A study by researchers at the Higher School of Economics in Moscow found that prices for retired LEGO sets grew 11 per cent annually between 1987 and 2015 —a rate that’s faster than bonds, stocks, and even gold. The study also concluded that LEGO returns are not exposed to risk factors and weakly dependent on the stock market. However, the sets are not a way to score fast cash; rather, they’re long-term investments that yield returns within two to three years of the sets being discontinued.

The study’s authors, Victoria Dobrynskaya and Julia Kishilova, reported their findings after looking at the prices of 2,322 LEGO new unopened sets from 1987 to 2015 and using information from primary sales as well as online auction transactions. Their research also unearthed a number of fun facts: to start, prices of small and very large sets grow faster than medium-sized sets. This is most likely because smaller sets have unique parts and figurines while larger sets are rarer and appeal more to adults. Also, sets tied to hit movies, holidays, and well-known buildings see the highest growth in value as do limited-edition sets. Top valued sets include the Taj Mahal, Imperial Star Destroyer, and Millennium Falcon.

Why exactly do retired LEGO sets rise in value so quickly? For one, they’re produced in small quantities with special edition sets being the most limited. They’re also not widely available on the secondary market because owners lose parts or don’t want to part with sets they love. And since they’re beloved by both adults and kids – and have been around for decades – the study assumes the more time has passed since a set first debuted, the more nostalgic and desirable it becomes.

The architectural quality of LEGO sets also plays into why discontinued sets are so valuable, says Christian Bailey, a founding principal at ODA Architecture in New York and an avid Lego fan who still owns sets acquired in the 1970s. “LEGO (sets) are like architecture because they’re building blocks that you use to create a 3-D scene whether it’s from a movie or of a building or set in space,” he says. “They’re endlessly imaginative.”

In a release about the study, Dobrynskaya said, “We are used to thinking that people buy such items as jewelry, antiques or artworks as investment. However, there are other options, such as collectible toys. Tens of thousands of deals are made on the secondary LEGO market. Even taking into account the small prices of most sets, this is a huge market that is not well-known by traditional investors.”

Bailey agrees that most people are unaware of the potential value of LEGO sets. “As a LEGO lover, however, I understand why the sets can become an asset,” he says. “I’m not parting with mine anytime soon.”

https://www.architecturaldigest.com/story/legos-top-investment


....


Legos are manufactured from plastic. Most plastics are derived from oil, if I remember correctly. A side by side chart comparing the value of lego sets versus the price of oil could make for an interesting contrast.

California banned plastic straws in favor of paper straws. Around the world many crude oil derived practices are being deregulated out of existence. Some US states have banned the use of small gasoline powered engines. Gas fueled lawn mowers, trimmers and leaf blowers are being banned in favor of lithium battery powered or plug powered equivalents.

With regulation cracking down on crude oil derived things. The production cost of manufacturing lego bricks (crude oil derived) could rise significantly. Which could in turn fuel lego HODL prices as far as markets can sustain them. Although if crude oil ever became scarce enough to produce high returns on lego sets, our societal issues could have expanded far beyond a point where we're concerned about collectibles or toys.

That said I think I have to love the out of the box thinking present. Maybe if the apocalypse happens, people won't exchange gold or silver. They'll simply exchange lego sets as a form of currency. It appears lego sets appreciate at a greater sustained percentage than precious metals, anyway.
Jump to: