Where to Sell a Lego Collection
August 3rd, 2023
- Condition of the Collection:
The condition of your Lego collection plays a significant role in determining its value and attractiveness to potential buyers. If your sets are complete, in good condition, and come with original packaging and instructions, they are likely to fetch a higher price than incomplete or damaged sets. Properly cleaned and well-maintained Lego pieces will also make a positive impression on potential buyers. - Quantity:
Legos are plastic bricks at the end of the day, and some are worth more than others. Typically you're better off selling a larger quantity of complete sets all at once compared to trying to sell individual one-offs, especially if the sets were only $50-$100 to begin with. So consider selling a complete collection with larger sets that perhaps originally priced above $200 or more when brand new. Sets over $1,000 are even more appealing to collectors. - Rare and Collectible Sets:
Certain Lego sets become highly sought after by collectors and enthusiasts, and their value can appreciate significantly over time. If your collection includes rare or discontinued sets, they can be particularly valuable in the secondary market. For example, the Lego Star Wars: Cloud City (10123) had an original retail price of about $100, but at the time of this article, it can fetch nearly ten times that amount secondhand. It's essential to research the current market value of these sets before selling to ensure you receive a fair price. - Complete vs. Bulk Sale:
Decide whether you want to sell your Lego collection as complete sets or in bulk. Selling complete sets might take longer, but it could yield higher returns, especially for sought-after sets. On the other hand, selling in bulk might be more straightforward and quicker, but the price per piece may be lower. Typically bulk Legos are best for collectors that don't have complete sets and are just looking to part with their collection at a per pound rate. - Choosing the Right Platform:
There are various avenues to sell your Lego collection, from online marketplaces like eBay and Jay Brokers to local classified ads and even specialty Lego selling websites. Each platform has its pros and cons, and you should choose the one that aligns best with your selling preferences and target audience. Typically you'll get the highest price if you do all the grunt work and sell them yourself via classifieds. However, if you're just looking for a cash payout without the hassle and risk, then sites like Jay Brokers are a great choice. - Packaging and Shipping:
If you decide to sell your Lego collection online, proper packaging and shipping are vital. Ensure that you securely pack the sets to avoid any damage during transit. If they are fully assembled or partially assembled, be sure to put them in large zip lock bags to keep the tiny pieces from going missing or falling out of a box. - Research Market Prices:
Before setting your selling prices, research the current market prices for similar Lego sets. Overpricing might deter potential buyers, while underpricing may result in losing out on potential value. Be mindful of the condition, rarity, and demand for each set when determining prices. Again, keep in mind if you sell to a secondhand shop like Jay Brokers, you won't get as much compared to selling them on your own. The convenience of someone else doing all the work for you, comes at a cost. - Emotional Attachment:
It's essential to consider the emotional attachment you have to your Lego collection before selling. Some sets might hold sentimental value, and parting with them might be challenging. In such cases, you may choose to retain those sets and only sell those that you feel comfortable letting go of.
In conclusion, yes, you can sell a Lego collection. The process of selling your Lego bricks can be both exciting and rewarding, as you pass on the joy of building to others while potentially making some money. However, it's crucial to take the time to evaluate the condition, value, and emotional significance of your collection before embarking on the selling journey. With proper research and consideration, you can find the right buyers who will cherish and continue the legacy of your beloved Lego collection. Curious what your Lego collection is worth? Use the link below to submit an offer request.
