Jump to content

Biggest development in Lego Investing 2016

Biggest development in Lego Investing 2016  

218 members have voted

  1. 1. What was the most important development in the investment market in 2016?

    • Death Star remake
      46
    • Cloning of retired sets with acceptable quality
      41
    • Relaxation of banning/discounting policy by TLG
      20
    • Oversupply on the secondary market
      86
    • Amazon selling policy review/gating
      11
    • Exchange rate fluctuation
      8
    • Other (please state in thread)
      6


Recommended Posts

What has been the biggest change in Lego investing this year,  in your opinion. If you think it was another factor from those listed in the poll, please say so here.

  • Like 1

Share this post


Link to post
Share on other sites

Biggest development in Lego Investing 2016

All of the selections to choose from for the big developments in Lego investing for 2016 are negative events - How telling is that.

  • Like 7

Share this post


Link to post
Share on other sites

Other:

Multiple factors play a role.

- The 10188 remake was a big blow to the moral of the reseller. The effect will show in the next years. When people hesitate to pay top dollar for retired sets cause it might or does get a remake.

-  Oversupply on the secondary market is a very big problem. Especially when big chains 'en masse' have such ridiculous discounts. Cause it does not only oversupply the secondary market. It also makes everyone buy mostly the same sets. I'd rather see shops have different sales. So if one misses the sale the other has an advantage. And the other way around. I am really curious how this will pan out.

- All the different alert sites that have emerged the last years. Nobody has to miss any sale or discount anymore. See my second factor above. 

  • Like 2

Share this post


Link to post
Share on other sites
29 minutes ago, KShine said:

Biggest development in Lego Investing 2016

All of the selections to choose from for the big developments in Lego investing for 2016 are negative events - How telling is that.

City: Airport Fire Truck

There!

Share this post


Link to post
Share on other sites
Guest TabbyBoy

I see that nobody has voted for exchange rate fluctuations. This will be a factor when UK buyers & sellers hope to continue trading until the Brexit fallout settles down. Since LEGO is imported into the UK, I hope it doesn't result in making it even more expensive - it will already be eating into retailers' margins. There's already complaints that Morrisons have had to put up the price of Marmite by 12%!

Have you Americans tried Marmite? It's like nothing you've ever tasted before! I go through a jar a week ;-)

Share this post


Link to post
Share on other sites
29 minutes ago, exciter1 said:

Amazon gating is a positive and a negative.

For those of us that are grandfathered in - it is great.

But if we are being unbiased on events - Losing 1 of the 2 legitimate large selling platforms as an option is certainly a negative.

  • Like 1

Share this post


Link to post
Share on other sites
For those of us that are grandfathered in - it is great.
But if we are being unbiased on events - Losing 1 of the 2 legitimate large selling platforms as an option is certainly a negative.


Even more important: how heavy is the next gate? Minimum sales quota? Stricter performance metrics? Amazon can change the rules suddenly without any notice. That should leave us all a bit concerned IMO.
  • Like 7

Share this post


Link to post
Share on other sites
2 minutes ago, BrickLegacy said:

 


Even more important: how heavy is the next gate? Minimum sales quota? Stricter performance metrics? Amazon can change the rules suddenly without any notice. That should leave us all a bit concerned IMO.

 

Currently LEGO is only gated, not restricted... so I think the next step is vendor restriction, which would require you to provide a written letter from LEGO stating that you're authorized to sell their products.

This kills the reseller.

Share this post


Link to post
Share on other sites
25 minutes ago, TabbyBoy said:

I see that nobody has voted for exchange rate fluctuations. This will be a factor when UK buyers & sellers hope to continue trading until the Brexit fallout settles down. Since LEGO is imported into the UK, I hope it doesn't result in making it even more expensive - it will already be eating into retailers' margins. There's already complaints that Morrisons have had to put up the price of Marmite by 12%!

Have you Americans tried Marmite? It's like nothing you've ever tasted before! I go through a jar a week ;-)

The falling pound has been a killer for me, my UK customers have practically vanished over night. It means a cheaper buy in for amazon items, which might take up some of the slack but not by much. Also it has dragged EU prices down across the board. UK sellers listing in pounds means they're under cutting everyone else savagely. Things like SSD have dropped quite a bit and it's stalled growth on a lot of other big sets. Add the many new sellers getting on board and it's not a good mix.

  • Like 3

Share this post


Link to post
Share on other sites
56 minutes ago, TabbyBoy said:

Have you Americans tried Marmite? It's like nothing you've ever tasted before! I go through a jar a week ;-)

I tried it and it gave me an infection.

  • Like 2

Share this post


Link to post
Share on other sites
59 minutes ago, TabbyBoy said:

I see that nobody has voted for exchange rate fluctuations. This will be a factor when UK buyers & sellers hope to continue trading until the Brexit fallout settles down. Since LEGO is imported into the UK, I hope it doesn't result in making it even more expensive - it will already be eating into retailers' margins. There's already complaints that Morrisons have had to put up the price of Marmite by 12%!

Have you Americans tried Marmite? It's like nothing you've ever tasted before! I go through a jar a week ;-)

Eating marmite is like eating engine oil

  • Like 2

Share this post


Link to post
Share on other sites

Not sure if it really affects investing this year, but lately I have stopped buying from lego altogether. There is literally only a handful of items now that are truly limited and lego exclusive. Everything else I can get at least 10% off easily. Even the big exclusives and modulars are now available outside lego, and probably by start of next year death star and disney castle will be available elsewhere.

Most uk shops are doing regular sales, and if you time correctly with 3 for 2 offers you can buy sets for almost 60% off RRP,which really questions the original rrp price.

I recently bought palace cinema for RRP during double VIP as it was sold out at TRU. If i just waited a couple of days i could of got £20 off + £15 gift voucher + Geoffrey giraffe set. I was thinking of returning my set but for a few pounds hardly worth the hassle as should make money back by selling the free advent calendar.

Edited by Mhd747
  • Like 1

Share this post


Link to post
Share on other sites
Guest brickcrazyhouse

who says we get off topic? and give the cucumber sandwiches a chance they're not bad. especially if you hold the cucumbers and add bacon lettuce and tomato

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Loading...

  • Recently Browsing   0 members

    No registered users viewing this page.

×
×
  • Create New...