How to choose Lego sets that will increase in value
If you’ve got mountains of old Lego sets at home, you could be sitting on a gold mine.
Researchers at Moscow’s School of Economic found Lego sets which are no longer in production rose by 11 per cent per year between 1987 and 2015 — faster than gold.
Ryan McNaught, better known as ‘Brickman’ from Lego Masters, says the set he’s got that has increased in value the most is the first Lego set he ever got.
“The one that I’ve got that’s increased the most in value is my first ever Lego set from 1978. It cost my grandmother 29 cents from Coles,” he told Shane McInnes.
“I recently brought it a few years ago from someone in Germany and it cost me $70.”
Mr McNaught shared some tips for increasing the likelihood your Lego will increase in value.
“It’s about keeping it as an original box, unopened. That’s the key criteria for making money from it,” he said.
“It doesn’t matter what the collectible is … it’s about the rarity.
“It’s about picking the right one at the right time.
“If you can find an IP, like a Sar Wars or a Harry Potter or something along those lines because not only have you got Lego collectors that are after those, but you’ve got people who are into those movies as well so you’ve kind of got two lots of collectors fighting over the same thing.”
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