We Pay Cash for Gently Used Children's Clothing & Gear{{subNav}} Contact your local store to find out more about their specific needs.How to Make Money Selling Legos By Alexa Mason, March 3rd, 2016 | Legos are commonly thought of as a children’s toy, however, unlike many other children’s toys, the success of the Danish Lego corporation has quietly driven the growth of a large and robust secondary market for Legos. Although Legos are seemingly just blocks that interlock, many people buy, sell, collect and make a living from Legos. If you are looking to make some extra cash getting into the Lego trade could be a good option for you. Legos as an Investment There are a number of options available for making money from Legos. The quickest and cheapest is to simply sell any available Legos you have on hand. Another might be to start a small business surrounding the Lego trade, by either reselling bricks, generating custom sets from existing pieces, by manufacturing your own custom pieces or by selling products or clothing with associated Lego images.
Another way to make money from Legos is by speculating in the sets of prices or bricks. Because Legos have been around for the last 80 years a relatively mature market has grown up around the toys. Much like other commodities, prices are impacted by supply and demand and well as product quality, packaging and other factors. In particular, classic Legos and Star Wars themed sets are more popular than others. In addition, Legos oftentimes “retires” sets of the toys and retailers such as Wal-Mart or Target often run sales on products, allowing for the market to fluctuate and buyers and sellers to profit from the difference. What Are Legos Worth? Before you start buying a ton of Legos, you should probably know what the famous children’s toy is worth. The buying-and-selling of Legos can be a little difficult. You have to be able to figure out if you’ll be able to make a profit from the purchase and sale of your Legos. Here are a few things to keep in mind: New Lego sets sell for about eight to 12 cents per brick.
Look for sales or coupons and take advantage of rewards programs to make more profit. Used Legos sets are only worth about 50 to 75 percent of what they are selling for in the stores (if they are still available). Six to 12 months after they are pulled from the shelves, Legos sets even out to what you bought them for and then continue to increase in value as the demand for them increases. Unsorted Legos are worth about $6 to $12 per pound. If you have the Legos sorted by color or they are high in demand, you can get more money. Mini figures sell for about $1 a piece. Mini figures that are in higher demand, such as Star Wars mini figures, are worth $5 to $10 a piece. Selling individual bricks is an option as well, but can be very time consuming. As always, to get the best value from your Legos they will need to be in pristine condition and preferably in their original box set with the original instructions included. Star Wars-themed Legos are some of the best-selling Legos products on the market (both new and used).
In addition to that, “Lord of the Rings” Legos collections, Disney-themed collections as well as other popular film-themed collections have shown to be good sellers throughout the years. How to Sell Your Legos When you are going to buy a Legos set, you need to take their value into consideration. Bricklink is the worlds biggest specialty website devoted to the secondary Lego market. The site has a number of key features which hardcore Lego traders use, including the ability for users to post want lists of needed parts, a reference catalog, a shop where custom sets can be sold and more importantly a user forum where Lego enthusiasts can discuss market conditions, sets and Lego building techniques.You can search eBay for pricing on similar sets to the one that you are trying to sell. Of course, if you don’t have a set, you can bulk-sell the bricks that you have (though this is less common). However, no matter what kind you’re selling, sorting them out will always get you more money.
You can store them in Tupperware containers (or in the original box if you have it) to keep them neat. Not Only Legos Sell If you’re looking to sell things online for extra money, Legos aren’t the only thing that is selling. You can sell many children’s toys that may be considered “collector’s items.” Barbies are another great example of a kid’s toy that can yield a significant amount of extra cash. Photos: Flickr: Lego Photo mureut What did you think about this article? (1 votes, average: 5.00 out of 5) Should I Buy a Timeshare? A Sad Result of the Consumer Product Safety Improvement Act Make Buttons: Strange Ways to Make Money After Christmas Sale Arbitrage: How to Make Money Starting December 26 Thrift Store Finds That Will Make You Money How to Make Money on eBay All in the Timing: Save Money by Buying when Demand Is Low Sell Junk Cars: Strange Ways to Make Money Money Making Challenge Update Stuff Is Almost Never a Good Investment
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