Why Lego is more profitable than gold and how to profit from it yourself?

Legos are not only toys, but can also be a worthwhile investment. In fact, it has been revealed that these plastic blocks are worth more than gold.

For a child, Legos are the best toys. They provide hours of entertainment. But did you know that it is possible to earn a decent rate of return with these games? Find out how Lego is more profitable than gold and how to get the most out of buying it.

Why are Lego more profitable than gold?

Economists from the University Higher School of Economics in Moscow said they looked at the prices of 2,322 Lego sets between 1987 and 2015. They found that the average return on these sets varies by 10-11% per year. This rate of return far exceeds that of gold and stocks and even collectibles.

Furthermore, they found that these returns can fluctuate significantly between -50% and +600% on an annual basis. In addition, the prices of small or large sets are increasing faster than those of medium sets. This phenomenon is probably explained by the fact that small sets often contain single pieces or figurines. As for large sets, they are produced in small quantities and are more attractive to adults.

Some of the most expensive but profitable Lego sets include the Millennium Falcon, Corner Cafe, Taj Mahal, Death Star II, and Imperial Star Destroyer. Indeed, “their rarity increases their value from the collector’s point of view. »

But despite many Lego sets being very profitable in the secondary market in general, not all sets have the same success. Find out how to invest in these games.

How to get the most out of your Lego purchases?

The Lego games most likely to increase in value over time are those that are retired after a year or two in favor of newer and more popular games. Among the Lego sets whose value is most likely to increase over time are specific collections such as Harry Potter and Star Wars.

In fact, these are often taken out of production each year to make way for new series. Thus, they are a good way to invest money. Indeed, these games have the potential to become family heirlooms and grow in value. And their resale price on the secondary market may even increase.

If a Lego game costs 90 euros today and then it is withdrawn from the market, its value may increase to 250 euros in the future. This represents a very good return on investment.

Properly stored Legos are the most profitable

the good condition of Lego set plays an important role in making the investment more profitable. Is it open or new in its box, sealed and in perfect condition? These criteria have an impact on its price on the secondary market when you sell it. Storing Legos is therefore a key element in ensuring that they retain their value. Otherwise, the coins may lose their value and even depreciate.

There are many ways to store investments. Particularly in an airtight container, which will prevent the parts from getting dirty or broken. In addition, protective cases help prevent parts from being lost and protect them from moisture and dust. They are perfect for displaying the Lego set after assembling it.

To get the most out of reselling Lego games, you have to keep them in their original packaging, without opening them. In this way, the parts are guaranteed to be in perfect condition. Besides, an already opened game can cost less.

Invest for the long term for more profit

Many factors can influence the gain made by selling the Legos. Among the most important is the holding period before its sale. To make more money, you have to keep them for at least a few years.

As with any other form of investment, for legos to be more profitable, you have to be patient and wait until the game is no longer available before selling it. Indeed, the sets produced 20 or 30 years ago make Lego fans nostalgic and their price soars. For example, the original sale price of Millennium Falcon was 500 euros when it was released in 2007. Today, new and sealed copies sell on the secondary market for 3,500 euros or more. This is equivalent to a price increase of about 14% per year.

During this time, be careful, because LEGO may release an updated version that will make the collection obsolete.

Limit the amount to invest

Lego games are part of an alternative investment strategy that may have lower risk. They may also have an inverse correlation with the overall stock market. In some cases, alternative investments such as Legos can rise and become more profitable when the stock market drops.

As with all alternative investments, investing in alternative choices may run the risk of not saving enough money for other priorities. The amount of money spent on Lego games should be limited. In general, only around 10% of the portfolio should be invested.

Having a sales plan proves more profitable to invest in Lego

It is better to have a sales plan to get a high rate of return. In fact, while investing in Lego sets is a great way to make money, you have to have a precise concept to avoid making impulse purchases. These purchases influence the selling price and the potential return on investment.

The first step is to do research. This is done by looking at several different websites that sell lego to find the lego sets that are popular right now. Then you have to determine the price at which they have sold in the past and how often they have been sold.

Subsequently, it is necessary find out about the price range second-hand legos, their availability, and where the most transactions occur, such as a state or region.

Determine the best time to sell them

To do this, you have to identify the time of year that will be the most profitable to sell Lego and see if the prices go up or down at certain times of the year.

Furthermore, it is necessary set the selling price of the legos and the desired profit for investment. This is done by calculating the average value and the maximum value of the legos in order to determine whether they are worth selling or giving away.

We wish to give thanks to the writer of this article for this outstanding material

Why Lego is more profitable than gold and how to profit from it yourself?

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