Lego a better investment than shares or gold

the_flying_pig

onlyroz wrote: »

£22 just for the mini figure:

http://www.ebay.co.uk/itm/LEGO-BATMAN-MINIFIGURE-KILLER-CROC-WITH-TOMMY-GUNS-GUN-RETIRED-BATBOAT-7780-/201374138890?hash=item2ee2d5820a

To be honest they're the main attraction, quite often.

The licences that Lego gets with disney or dc comics or whoever doesn't allow it to sell figures (other than for certain permitted uses such as key rings), only construction sets. The licence for figures is sold to hasbro or whoever.

If Lego was allowed to sell standalone figures it would clean up.

the_flying_pig

That batman range became expensive quickly because Lego discontinued it quite soon after launching it, due I think to the 'dark knight' film coming out and not being child friendly, making Lego decide to stop selling sets, even though the film was making demand go up.

Generali

the_flying_pig wrote: »

my son really wants that batman 'killer croc' set.

now £167 [tho i've seen ebayers ask more], originally £15, 1011% appreciation.

Pretty sure we bought that. We bought something with a croc in it.

DiggerUK

I predict 'Peak Lego' before christmas. Sell now.
..._

vivatifosi

How quickly they forget... Beanie Babies anyone? The ultimate South Sea Bubble of toy collecting.

Generali

vivatifosi wrote: »

How quickly they forget... Beanie Babies anyone? The ultimate South Sea Bubble of toy collecting.

https://www.kovels.com/latest-news/10-collectibles-not-worth-collecting-anymore.html

There's one born every minute.

Cookie jars became a hot collecting category after Andy Warhol’s cookie jar collection was auctioned for steep prices following his 1987 death. For a while, collectors were paying hundreds or occasionally thousands of dollars for cookie jars that weren’t even very old. Eventually people figured out that Warhol’s cookie jars were valuable only because Warhol owned them, not because cookie jars themselves have any great collectible value. Today, most formerly “collectible” cookie jars sell for less than $50, depending on design and condition. Very few sell for more.

I wasn't aware of the Andy Warhol cook jar thing. From my link:

Warhol Cookie Jars Sell for $247,830


Andy Warhol loved cookie jars. So do hundreds of others among the 10,000 who filled Sotheby's galleries yesterday as if it were Bloomingdale's at Christmas time. They came from Florida and Paris and Halifax, Nova Scotia, to browse and bid at the auction of the Pop artist's collection of 175 pottery jars, including pigs, mice, goats, sheep, Humpty Dumpty and a plump panda.
They did not stand much of a chance once Gedalio Grinberg, the chairman of the board of the North American Watch Company in New York raised his arm high in the air and waved his paddle with a threatening smile. Mr. Grinberg said he was a friend of Warhol's who owned some of his artworks and was producing an Andy Warhol watch. He said he came to the sale determined to buy all of the cookie jars. He almost succeeded.



''I got something fabulous,'' he said a half hour later when he had finished bidding, winning 35 of the 39 lots of two, four and five cookie jars each. The lots, which had been estimated to sell for $75 or at most $250 each, brought between $1,980 and $23,100 - the record for a lot of cookie jars sold at auction. Mr. Grinberg spent $198,605 out of the $247,830 paid in this segment of the sale, which Sotheby's had estimated would bring less than $7,000.

So if the articles are correct, one man paying $250k for something worth about $7k was responsible for entire collections being put together at huge expense that are once again essentially worthless. I like that.

wymondham

Excellent idea. With Lego you can make your own cash machine, or bank, or bank vault.... loads more exciting than gold and silver stuff!