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Meet the Collectors Who Could Get Rich Off Legos
New York Post ^ | December 29, 20 | Rikki Schlott

Posted on 12/29/2021 5:47:48 PM PST by nickcarraway

If the pandemic’s been good for anything, it’s Legos. With people spending more time at home, the pandemic has led to a buying boom for the building bricks. David Hall, a Virginia-based collector, told The Post that, in May 2020, he sold a “Star Wars” Republic Dropship — which originally bought in 2010 for $250 — for $1,250.

“Hype and nostalgia play into how much you can get for reselling old sets,” Hall told The Post. “The biggest drive is when adult fans want to maybe get that expensive set they never got as a kid.”

In fact, discontinued Legos appreciate faster in value than gold, stocks or bonds, according to a recent study from Moscow’s Higher School of Economics. The researchers found that, between 1987 and 2015, the 2,322 Lego sets they tracked appreciated in value 11 percent annually — and proved resistant to drops in the stock market. They increased in value during the 2008 recession as well as the pandemic.

(Excerpt) Read more at nypost.com ...


TOPICS: Business/Economy; Hobbies; Miscellaneous
KEYWORDS: legos
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1 posted on 12/29/2021 5:47:48 PM PST by nickcarraway
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To: nickcarraway

I hope that the person who invented them spends eternity in a dark room with schiffload of the little single Legos strewn across the floor


2 posted on 12/29/2021 5:55:15 PM PST by digger48
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To: nickcarraway

I am not a fan of Legos.

they hurt when you step on them in the dark barefoot.

erector sets are much better.


3 posted on 12/29/2021 5:58:37 PM PST by algore
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To: digger48

They originally started out as interconnecting wooden bricks. In the 60s switched to plastic.

And its not his fault you or your kids didnt pick up their bricks. :)


4 posted on 12/29/2021 6:06:54 PM PST by Secret Agent Man (Gone Galt; not averse to Going Bronson.)
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To: algore

Do erector sets hurt less when you step on them barefoot in the dark?


5 posted on 12/29/2021 6:07:53 PM PST by slouper (LWRC SPR 5.5 6)
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To: nickcarraway
"...discontinued Legos appreciate faster in value than gold, stocks or bonds"

So did Beannie Babies. Until they didn't.

6 posted on 12/29/2021 6:10:37 PM PST by Psalm 73 ("You'll never hear surf music again" - J. Hendrix)
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To: algore

I make exception for these

https://www.apmex.com/product/180834/12-oz-silver-building-block-bars-40-piece-accessory-set?

even though the depreciation sucks


7 posted on 12/29/2021 6:12:04 PM PST by algore
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To: nickcarraway

My grandchildren are playing with their dad’s Legos. We didn’t dispose of them when he moved out but instead put them in a cupboard in his room. The grandkids now use that room as their own. I’m sure there is some valuable pieces in there but the kids are having fun with them so they will continue to be just toys instead of collector items. This is one of the joys of living in the same spot for 40 years.


8 posted on 12/29/2021 6:12:26 PM PST by CFW
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To: CFW

MY Wife went through what we have. Completing all the sets. Value is $4-6 thousand.


9 posted on 12/29/2021 6:16:46 PM PST by justrepublican (Screaming like a "Vexatious requester" at a Wellstone memorial........)
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To: CFW

We have multiple, completed Star Wars sets, that our son made, from around 2005 - 2009.

Millenium Falcon, etc.


10 posted on 12/29/2021 6:16:47 PM PST by Jane Long (What we were told was a “conspiracy theory” in 2020 is now fact. 🙏🏻 Ps 33:12 )
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To: algore
Have you ever stepped on a bit of an erector set?

The pain is just about equal.

I will not bring up Lincoln Logs that, when stepped on, roll under your foot sending you flying head first into a dog crate leaving your new glasses scratched and bruises that will continue to show up over the course of a week and stick around for well over a month.

No, I will not bring those evil things up.

11 posted on 12/29/2021 6:16:50 PM PST by Harmless Teddy Bear (add a dab of lavender in milk, leave town with an orange and pretend you're laughing with it)
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To: algore
I am not a fan of Legos. they hurt when you step on them in the dark barefoot.

The Babylon Bee has reported that Lego is working on improvements.

Lego Introduces New Sharper Bricks That Instantly Kill You When You Step On Them

LEGO Unveils New Genderless Bricks With No Male/Female Connectors

12 posted on 12/29/2021 6:38:11 PM PST by KarlInOhio (I stand behind Alec Baldwin. It is far too dangerous to stand in front of him.)
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To: nickcarraway

13 posted on 12/29/2021 6:50:40 PM PST by fidelis (Ecce Crucem Domini! Fugite partes adversae! Vicit Leo de tribu Juda, Radix David! Alleluia! )
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To: fidelis

14 posted on 12/29/2021 6:52:59 PM PST by fidelis (Ecce Crucem Domini! Fugite partes adversae! Vicit Leo de tribu Juda, Radix David! Alleluia! )
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To: nickcarraway

Growing up, my kids loved Legos. We still keep all those little bricks in multiple large bins.


15 posted on 12/29/2021 6:53:07 PM PST by Tired of Taxes
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To: Secret Agent Man

I made sure to buy my granddaughters a bunch of Legos when they got old enough, just so my son can enjoy the same pleasure I got from them


16 posted on 12/29/2021 7:18:24 PM PST by digger48
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To: digger48

Its hard to find a better toy that is that durable, appreciates in value, and kids across generations can enjoy

plus remaining backwards compatible to the first original plastic bricks in the 1960s


17 posted on 12/29/2021 7:20:00 PM PST by Secret Agent Man (Gone Galt; not averse to Going Bronson.)
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To: Secret Agent Man

I was getting too old for Legos I guess

We had Tinker Toys, Lincoln Logs and my brother had an Erector Set

A fellow I know inherited a barn full of vintage toys his father bought at going out of business auctions. Still in tattered, but original boxes. Had a woodsfull of Checker Cabs in various states too

Had the American Pickers all lined up to visit, but they filled their van before they could get there

He has been piecing them out online and just retired early on the proceeds


18 posted on 12/29/2021 7:37:50 PM PST by digger48
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To: digger48

“We had Tinker Toys, Lincoln Logs and my brother had an Erector Set.”

Yes. Today there are numerous Lego alternatives: Zoob toys, Snap structures, and ZoZo play sets. Hot Wheels has builder sets, too.


19 posted on 12/29/2021 8:44:11 PM PST by Falconspeed ("Keep your fears to yourself, but share your courage with others." Robert Louis Stevenson.)
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To: Harmless Teddy Bear; Chode; SkyDancer; Salamander; carriage_hill; Lockbox; MtnClimber; All
Legos, Tis but merely 2BFF08EC-3BDC-4087-9E76-25DE2DF255B7

Try a Tinker Toy Stick in the Eye.

Happened to Me in Kindergarten or 1st Grade I don’t remember which. Another Kid was trying to pull the Stick out of a Round Hub when I turned around and was in the wrong place at the wrong time. Just as I came around the Stick came out of the Hub and I got the other end in the Left Eye !!! I was lucky enough to not get blinded but man-o-man did it ever HURT !!! That Eye 👁 has been a little bit fuzzy vision since then.

Now to the subject of stepping on stuff. One of the Kids across the street from us was running around barefoot and stepped on a toy truck axel that had 1 wheel still on it and was laying on the wheel with the axel shaft pointing up. He had it STUCK IN THE HEEL BONE !!! I tried to pull it out but just pulled the one wheel off the axel. We handed Him off to the Adults for a trip to the E.R. while the other Adults had the rest of us Kids pick up everything in the yards of All of Our yards and put in the trashcans to be sorted out by the Parents into Keep or Trash piles and the “Keeps” were put in Toy Bins and the Trashes went out the next Trash day, no protest, complaints or salvaging just out in the Trash.

Even through all those years nobody was killed of maimed... We played till Dinner Call or the Street Lights came on.

No Helmets, Gloves, Goggles, Knee, Elbow, Arm or Shin Pads and no Torso protection devices or Steel Soled Shoes or Boots.

If one was the owner of a Bicycle we had Playing Cards held on with Laundry Pins flap on the spokes for the “engine”. Today that would make Us a drug selling Biker Gang.

AND WE ALL LIVED THROUGH IT !!!👍🤪

20 posted on 12/30/2021 1:36:20 AM PST by mabarker1 ((Congress- the opposite of PROGRESS!!! A fraud, a hypocrite, a liar. I'm a member of Congress !!!!)
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