Time To Turn Some More Old LEGOs Into Cash!
A couple times a month I like to dive into my side hustle of buying old LEGOs and flipping them for a profit. It's been a couple of weeks and today felt like a fun day to go over some of the items I've been working on. I don't currently have any big sets that I'm working through, although I do have one set that had no instructions, so I've been procrastinating work on it as it. It will involve using online instructions which are a royal pain because they're always a little fuzzy, just enough to give you a headache.
Before we dive into the current projects I've been working on, I like to share one interesting and expensive LEGO item you could potentially buy as an investment. Or alternatively, find one at a garage sale or thrift store and make some serious cash. This item it is a Spiderman that was designed with the outfit from the PlayStation 4 game.
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This LEGO Spiderman figure was produced for Comic-Con 2019 and only 1,500 were made. I have never attended a Comic-Con so that might explain why I don't have one of these. And just being there doesn't guarantee you would have gotten one, only a few select lucky people win a raffle to get one of these rare mini-figures. Admission tickets to Comic-Con are well over $1,000 these days, plus you have to pay for parking and driving there. Not for me thank you. I'm sure some of you here may be huge fans of Comic-Con, so if you are there make sure you check out the LEGO raffles!
Right now you could expect to pay $1,249 for one of these tiny pieces of plastic. What I found fascinating though, was the chart associated with the character's price. Three years ago it was $600, then by July of 2023 it was at $1,600, and now down to an average of $1,249. I guess the moral of the story is that if you really want one you had best shop around because you might find a motivated seller!
Personally, I wouldn't invest that kind of money into an LEGO. I would much buy a nice gold coin or a chunk of Bitcoin. Now if I managed to pick one up for $600 and I could turn around and flip in for double my money that would be a no brainer, but I've never been quite that lucky as of yet.
Now it's time for some Ninjago fun! Ninjago is a line of LEGOs that also featured it own cartoon TV show. I'm not sure if they still make these or not, I really don't follow the new LEGO trends as much as I did when my son was collecting them. This one today is actually kind of a cool set. It came with the bone fashioned motorcycle along with the blue ninja Jay and the skeleton motorcycle rider Chopov, who comes with an axe with a copper head attacked to a large bone. And as a final touch the motorcycle has flames coming out the back. Pretty cool set overall!
And another view of the motorcycle. They did a great job on the details on this one in my opinion!
And a close up of the two mini-figures with their weapons, and I used my Frankenstein background build to showcase them up close and personal. A few months back I built this background out of light tan pieces and it's easier to highlight most mini-figures.
This set sold in less that a few hours for just about $20. It came from an older bin I haven't cleaned out yet, but I've already made a profit out of it so this is pure gravy!
Just as a reminder, here is the ugly old build, but it works great for closeups!
Next up is a set from LEGO Chima which was a short lived TV show and rather short run of production of the sets as well. They never sold all that well and the show wasn't all that popular. Unfortunately, that means there are less collectors of the sets, which is a shame because they put some nice detailing into the figures.
This set is a game. First up you see what it comes with, the build along with game cards and a fly wheel vehicle with a rip cord to pull to get the wheel spinning.
The cards a little more close up.
As you can see here, there is a jump ramp and a target that you are supposed to hit with the fly wheel vehicle to score points.
You insert to rip cord, and pull it out quickly and the heavy flywheel carries your mini-figure up the ramp and through the air to hopefully hit the target.
If you hit the target a snake like mouth opens and a little blue ball goes flying out. You have scored a point, at least I suppose. I never actually bothered to read the instructions because If I were to play with it I would likely break it making it unsellable! lol
And a close up of the skunk mini-figure Skinnet, why does the skunk have a whip? I have absolutely no idea...
But there you have it, a LEGO game involving a fly wheel vehicle that is supposed to fly through the air. What kid wouldn't love that toy? We shall see how well it sells, I'll ask around $15 to be competitive. Chima just doesn't bring in a lot of sales. This came out of the same bin with the motorcycle set from above, so when it sells it's also pure profit which is always a good thing!
Now for some pitfalls to avoid when buying LEGOs. These all came out of the same bin as above. These skeleton legs have cracks and not longer stay put on the mini-figures. Options are to sell them for parts or buy replacements parts to sell them. I haven't decided on these guys yet...
Now this mini-figure just plain sucked. First you can see a huge crack on it's side.
Then if you look closely at his neck a and face he has a crack all the up, not to mention the missing hand!
The the other side has a massive crack in the torso.
The only this thing is good for is parts, the legs and the hand. Again he came out the bin with the other two sets from above so it's not complete loss. Always keep your eyes open and carefully look at any mini-figures before you buy. Missing hands or cracks makes them almost worthless. Always look for intact mini-figures and complete or near complete sets with instructions. If the box is there that's a premium too. There's always risk when buying LEGOs, but if you're careful and check prices on things before you buy you can make some easy money!
That will wrap up this LEGO post for the week! I hope you enjoyed it, LEGO has produced so many different lines of sets that it really boggles the mind at times. Please feel free to leave any questions or comments below, and as always thank you so much for all of your support. It's greatly appreciated. Have a great weekend everyone!
Disclaimer:
I am not a financial advisor and this is not financial advice. Please do your own research before investing your hard earned money in any project or commodity.
All photos are mine unless otherwise indicated.
Header generated with ideogram.ai
References:
https://brickranker.com/rankings/minifigures/sh603/ps4-spider-man-comic-con-2019-exclusive
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Legos, beautiful 😍 muy lindos , yo quiero uno
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That is a pretty cool chopper. I like the flames coming out of the tail pipes!
It's my favorite one I've built in awhile now. It sold in just a few hours, so we're not the only ones who appreciated it!
https://www.reddit.com/r/lego/comments/1k2eyi0/time_to_turn_some_more_old_legos_into_cash/
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That’s pretty interesting on the Spider-man one. I’m with you I’d never spend $1,000 to go to Comic-Con.
And I think that's for a one day ticket, it's more like $2,500 for the full three day event. At least in San Diego. It's insane money, I'd much rather buy some gold, but if you're a huge fan maybe your priorities are a lot different...
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Wow, that PlayStation Batman certainly has appreciated and value!👍😊
I agree with you I wouldn’t pay the high price for one, but I certainly will keep my eye out for one. You never know what you might find at yard sales or thrift stores Lol!😇😊
Someone gave a gold LEGO mask piece to Good Will a couple years back, initially listed it at $25 when it was worth more than $10K. There's a lot of luck when you visit thrift stores. I've found garage sales are becoming the best place to look anymore, too much competition at Good Will!
It is getting tougher at Goodwill!🙄 At one time we could sift through the forks, knives and spoons and find sterling. Now they bag everything up, so you can’t even check and I’m sure that they have sifted through everything
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I am glad that there is a market ready to pay top dollar for these Legos
Have a good trade
Everything is worth something as long as someone is willing to pay for it! Even old plastic LEGOs! lol
It is hard to go wrong with Lego, such a strong brand and name. I have done a bit of buying and selling over the years. A great little income producing hobby.
Brand name is everything, and it's been around for a very long time. It can be profitable, and fun to mess around with toys in the process. Thanks!
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The skeleton one is pretty funny. !LOLZ
I definitely will not buy the Spider-Man one with $1600, since I could get maybe a sack of the knock-off one.
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The skeletons from Ninjago are pretty fun, and the set was pretty cool too. If I could buy the mini-figure for $600 and flip in for $1200 the next day it would be worth buying, but that will never happen!
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No luck for me this week at the thrift shops.
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It's always hit and miss, and some places just don't a lot of toys in donations. Yard and garage sales have been pretty good lately, it's that time of year. Maybe up there it's the same?
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My luck I would go to comic-con event and leave with nothing but missing my $1000. I'm with you I wouldn't ever go way too much out of my budget. Though the Spiderman Lego is pretty cool. It would be even cooler to get a black suited one if one exist.
Well keep pouring gravy on this hobby bro. Others discards are treasures for others 😃
They made a black suit one for Comic-Con one year, he's worth more than $1500 these days. Another Comic-Con deal. The event has just gotten so expensive that only true die hard fans will pony up that kind of money. Even if it were in my current budget I wouldn't pay that much! Used LEGOs are a huge market, and people are willing to pay. Plus it's a very low stress hobby which is a plus!
Well it's a decent form of investment if you ask me. Without showing sentiment. The stock seems to be moving up in price, so there's a probability you're going to make profits when you buy. But who has such money lying around?
Wow... Going to Comic-Con costs a lot of money and going for the low probability of getting figurines, would be almost the same as going to a casino.
I don't think it's for me either, even though I'm a Spider-Man fan, my wallet wouldn't resist it. 😅
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