LEGO as investment

Discussion in 'Other Investments' started by AgH20, Dec 28, 2012.

  1. AgH20

    AgH20 New Member

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    There is a market but as it has been pointed out in this article, danger lies in the "Investment Fad of the Month" scenario.

    Anyone remember ostrich farming presented as a serious investment scheme? :p

    http://www.theage.com.au/business/building-riches-brick-by-brick-20121228-2bykq.html

     
  2. trew

    trew Active Member Silver Stacker

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    Sounds just as good an investment as coloured Perth Mint proof coins :p
     
  3. renovator

    renovator Well-Known Member

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    Now thats thinking outside the box ... Theres thousands of ways to make money this article is a great example of it
     
  4. kevalie

    kevalie Member

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    A friend bought a few sets of the Star War Lego a couple of years ago, he sold them recently and triple his money. I guess it's like the rest of the investments you will need to know the market.
     
  5. Naphthalene Man

    Naphthalene Man Active Member Silver Stacker

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    But I bet she doesn't have a "climate controlled room" to hold her sets :D
     
  6. AngloSaxon

    AngloSaxon Active Member

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    All depends on how well you know the market.

    I had an acquaintance who was a bit of a nerd (like me!) and used to play the role-playing card game: Magic The Gathering. He no longer acquired the cards but realised the ones he had, all in pristine condition, were becoming rare and desirable to the current generation of players. He sold them individually and in small lots on Ebay and made an absolute fortune.

    Well done to anyone who makes money on Lego. Probably hard to counterfeit well given the vast array of standardised brick sizes, shapes and colours.
     
  7. Jislizard

    Jislizard Well-Known Member Silver Stacker

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    I still have all the Lego I had from when I was a kid, well my niece still has it all. That makes it 30+ years old, definitely got our money's worth out of that.

    I only bought two of the smaller Star Wars sets, thanks for the website info, I will see how rich I am :)

    I think a future issue will be licensing. Mega Bloks got the Spiderman license, Hello kitty, Halo, Power Rangers, Thomas the Tank Engine etc.

    Lego is still better in my opinion but mega blocks are cheaper and it is usually a race to the bottom. Lego have kept their quality high so unless they get taken over by another company they should be a good gamble.
     
  8. Stacknpile

    Stacknpile New Member

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    The problem with values of vintage sets is that they'll only be bought by older people as a collectable and these phases come and go.

    In the UK, a bank used to give away pig money boxes with kid's bank accounts. 10 years after the fact they were the kitsch 'must have' (probably in London) and went for a fortune. Now they're back at car boots for a pound.

    When I was a kid, I spotted the first issue of a computer games magazine I used to read for 5 pence at a car boot. People used to request them (in classfied ads in modern issues of the magazine-no eBay then!) and paid 20. I still (20 years later) have the magazine. The title long ago went out of print and I'm pretty sure I'd have trouble selling it at all now let alone for 20.

    It just shows that a lot of investments don't last forever and the value of a lot of things is fleeting.

    I also think its a crime to buy a toy (especially one as wonderful as Lego) and never play with it. I fondly remember many wet afternoons playing with my Lego - the time just flew. Ah, the carefree days of youth!
     
  9. Jislizard

    Jislizard Well-Known Member Silver Stacker

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    For sure! The value I got from a set of Lego which I played with as a kid would far outweigh any value from a set I bought now and put in the cupboard.

    It might also be worth buying sets now and giving them as gifts to kids over the next few years. Trouble is I only have a niece and I have an aversion to 'pastel' lego bricks. Maybe the City lego would be OK, probably have to skip the pirates though :(
     
  10. willrocks

    willrocks Well-Known Member Silver Stacker

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  11. JulieW

    JulieW Well-Known Member Silver Stacker

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    I think that the decline of modern architecture can be ascribed to the introduction of Lego

    [​IMG]
    Source: Lego Land


    ;)
     
  12. Jislizard

    Jislizard Well-Known Member Silver Stacker

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  13. JulieW

    JulieW Well-Known Member Silver Stacker

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    LOL ^
     
  14. renovator

    renovator Well-Known Member

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    I dont mind that house .We all have different tastes ..thankfully
     
  15. volrathy

    volrathy Active Member

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  16. AngloSaxon

    AngloSaxon Active Member

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  17. JulieW

    JulieW Well-Known Member Silver Stacker

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    Whereas the Meccano generations built this sort of thing:
    [​IMG]
    Source: Meccano Enthusiasts
     
  18. Austacker

    Austacker Active Member

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  19. rbaggio

    rbaggio Active Member Silver Stacker

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    I like this quote

    Sounds like a PM investor vs paper assets.
     
  20. RetardedMonkey

    RetardedMonkey Active Member Silver Stacker

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    Oh hey, there's already a thread for this.

    +1 to Lego.
     

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