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| | | Author: | Bromwich  | | Posted: | Jan 14, 2021 07:01 | | Subject: | 30kg Bulk buy of 90's Lego - what to do | | Viewed: | 150 times | | Topic: | Inventories | | Status: | Open | |
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| Hi everyone,
This is my first post on here, so apologies if I get the format wrong.
I recently won a large lot of loose Lego at auction, (for too much money), and
have been working my way sorting through it all.
What hooked me was that it came with 30+ instruction sheets, all from the late
80's and early 90's, plus the box for 6542 Launch and Load and 6286 Pirate
Schooner.
Having now spent a couple of surprisingly enjoyable weeks cleaning and picking
out bits, I have 21 near complete sets (minus any Minifigures), but also normally
missing a couple of special pieces.
My question is - What should I do with it now?!
should I (A) looking to buy all of the missing parts (currently 215, inc. minifigs
across 21 sets) to complete the set and sell as 100% complete.
Overall it seems that I need to spend 25-35% of the set selling price to complete.
Or (B) part out and save myself the time of buying the parts to sell them on?
Part of me feels that it would be nice to complete them, but it will also take
a lot longer to get things up and running.
Note - given their age there are also a fair few discoloured parts which I would
want to de-yellow before selling.
All lot of the left over basic part will just join my son's collection.
Any advice would be great.
Thanks,
P.S. Not sure what happened to the photos flipping!
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| | | | | Author: | peregrinator | | Posted: | Jan 14, 2021 07:45 | | Subject: | Re: 30kg Bulk buy of 90's Lego - what to do | | Viewed: | 36 times | | Topic: | Inventories | |
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| In Inventories, Bromwich writes:
| | Hi everyone,
This is my first post on here, so apologies if I get the format wrong.
I recently won a large lot of loose Lego at auction, (for too much money), and
have been working my way sorting through it all.
What hooked me was that it came with 30+ instruction sheets, all from the late
80's and early 90's, plus the box for 6542 Launch and Load and 6286 Pirate
Schooner.
Having now spent a couple of surprisingly enjoyable weeks cleaning and picking
out bits, I have 21 near complete sets (minus any Minifigures), but also normally
missing a couple of special pieces.
My question is - What should I do with it now?!
should I (A) looking to buy all of the missing parts (currently 215, inc. minifigs
across 21 sets) to complete the set and sell as 100% complete.
Overall it seems that I need to spend 25-35% of the set selling price to complete.
Or (B) part out and save myself the time of buying the parts to sell them on?
Part of me feels that it would be nice to complete them, but it will also take
a lot longer to get things up and running.
Note - given their age there are also a fair few discoloured parts which I would
want to de-yellow before selling.
All lot of the left over basic part will just join my son's collection.
Any advice would be great.
Thanks,
P.S. Not sure what happened to the photos flipping!
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25-35% seems a bit high to me. I don't have a good rule of thumb because
I hardly sell any sets, but it just seems high. Are there any sets where the
cost needed to complete is a bit lower than that? Maybe focus on completing those
together with the sets for which you have boxes.
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| | | | | Author: | Ninepartsred | | Posted: | Jan 14, 2021 07:57 | | Subject: | Re: 30kg Bulk buy of 90's Lego - what to do | | Viewed: | 36 times | | Topic: | Inventories | |
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| In Inventories, Bromwich writes:
| | Hi everyone,
This is my first post on here, so apologies if I get the format wrong.
I recently won a large lot of loose Lego at auction, (for too much money), and
have been working my way sorting through it all.
What hooked me was that it came with 30+ instruction sheets, all from the late
80's and early 90's, plus the box for 6542 Launch and Load and 6286 Pirate
Schooner.
Having now spent a couple of surprisingly enjoyable weeks cleaning and picking
out bits, I have 21 near complete sets (minus any Minifigures), but also normally
missing a couple of special pieces.
My question is - What should I do with it now?!
should I (A) looking to buy all of the missing parts (currently 215, inc. minifigs
across 21 sets) to complete the set and sell as 100% complete.
Overall it seems that I need to spend 25-35% of the set selling price to complete.
Or (B) part out and save myself the time of buying the parts to sell them on?
Part of me feels that it would be nice to complete them, but it will also take
a lot longer to get things up and running.
Note - given their age there are also a fair few discoloured parts which I would
want to de-yellow before selling.
All lot of the left over basic part will just join my son's collection.
Any advice would be great.
Thanks,
P.S. Not sure what happened to the photos flipping!
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I'm currently putting together some sets which need a few parts to complete.
Going by the instructions, you have a few nice ones.
You've obviously already checked the prices and weighed up your profit margin
but are those percentages of your intial cost or the selling price?
It's also worth checking how often the sets sell. In my case, that's
just in the UK for now.
Consider whether you want to sell them quickly or if you're happy to sit
on them for longer to get a better price. If you check your sets that other sellers
have in their stores, you can see when they listed them. Ebay, Gumtree, Facebook,
etc. is better for a quick sale but normally at a lower price.
I know some sellers use Ebay for complete sets and their BL store for parts.
I do when the selling fees are £1.
For example, one of my sets has only sold once on here in the UK in the last
6 months but I've seen it go several times on Ebay for what I consider good
prices.
I've freshened-up some yellowed parts, but as many people will tell you,
they discolour again and sometimes quickly, so I won't sell them. Also, even
though older sets/parts would be expected to show signs of wear, everyone has
a different idea of what's acceptable.
That's just my way of thinking but I hope it's of some help.
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| | | | | Author: | Bromwich | | Posted: | Jan 14, 2021 10:25 | | Subject: | Re: 30kg Bulk buy of 90's Lego - what to do | | Viewed: | 44 times | | Topic: | Inventories | |
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| thanks for the replies.
@Peregrinator - 25-35% is quite high and annoyingly it's because the few
parts missing are the most important (i.e. the sails are missing on the Pirate
Schooner, which are near £300).
I'm tempted to buy some custom sails (still £50) for the Schooner just so
it feels right. (if that's allowed)
There are a few train sets that are 100% complete so there's no reason to
break them up.
@Ninepartsred - Thanks for the advice.
The percentages are against an appropriate Bricklink selling price, as it's
been difficult to give cost per set given I bought so much at the same time.
I guess if I don't buy the missing parts (for £X), then I just sell the incomplete
set for £X less.
What is the best way for me to check the total part price (per set), without
including what I'm missing?
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| | | | | | | Author: | peregrinator | | Posted: | Jan 14, 2021 11:23 | | Subject: | Re: 30kg Bulk buy of 90's Lego - what to do | | Viewed: | 26 times | | Topic: | Inventories | |
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| In Inventories, Bromwich writes:
| | thanks for the replies.
@Peregrinator - 25-35% is quite high and annoyingly it's because the few
parts missing are the most important (i.e. the sails are missing on the Pirate
Schooner, which are near £300).
I'm tempted to buy some custom sails (still £50) for the Schooner just so
it feels right. (if that's allowed)
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You can't sell non-Lego on BrickLink if that's what you're asking.
| | I guess if I don't buy the missing parts (for £X), then I just sell the incomplete
set for £X less.
What is the best way for me to check the total part price (per set), without
including what I'm missing?
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Part out the set, delete the parts you're missing, then "Verify Items" (but
don't go to the "Upload" step)
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| | | | | | | Author: | Ninepartsred | | Posted: | Jan 14, 2021 11:30 | | Subject: | Re: 30kg Bulk buy of 90's Lego - what to do | | Viewed: | 28 times | | Topic: | Inventories | |
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| In Inventories, Bromwich writes:
| | thanks for the replies.
@Peregrinator - 25-35% is quite high and annoyingly it's because the few
parts missing are the most important (i.e. the sails are missing on the Pirate
Schooner, which are near £300).
I'm tempted to buy some custom sails (still £50) for the Schooner just so
it feels right. (if that's allowed)
There are a few train sets that are 100% complete so there's no reason to
break them up.
@Ninepartsred - Thanks for the advice.
The percentages are against an appropriate Bricklink selling price, as it's
been difficult to give cost per set given I bought so much at the same time.
I guess if I don't buy the missing parts (for £X), then I just sell the incomplete
set for £X less.
What is the best way for me to check the total part price (per set), without
including what I'm missing?
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Yeah, some of my smaller lots have dented the profit margins of my stock as a
whole.
Unless someone knows a different method, I think you'll have to go through
the part out process and uncheck the parts you don't have. You can see the
total value one step before you confirm and it goes into your inventory.
One thing to note though.. the total you see won't necessarily be what you'll
make as there will be a lot of common parts which may never sell.
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| | | | | Author: | Fragty | | Posted: | Jan 14, 2021 12:42 | | Subject: | Re: 30kg Bulk buy of 90's Lego - what to do | | Viewed: | 38 times | | Topic: | Inventories | |
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| My advice: do NOT sell de-yellowed parts, unless its stated in the comments.
And even then I wouldnt...
They will yellow again after some time (and not like they were before the treatment,
they get WORSE), leaving a very unhappy buyer and at that time it's too late
for him to complain.
Greetings,
Koen
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| | | | | Author: | zorbanj | | Posted: | Jan 14, 2021 13:31 | | Subject: | Re: 30kg Bulk buy of 90's Lego - what to do | | Viewed: | 43 times | | Topic: | Inventories | |
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| Don't know what you have exactly, but what is driving the 25% - 35% of the
set selling price to complete? Seems high to me for 21 sets.
You can buy the missing pieces and sell the sets and sell them without the minifigs.
Sets from that era will sell even without the minifigs. I am selling off a part
of my collection and most of the sets are from the '80s - early '90s.
Some of my sets are missing some or all of the minifigs but they do sell.
You could even try selling them now as is and see what happens.
In Inventories, Bromwich writes:
| | Hi everyone,
This is my first post on here, so apologies if I get the format wrong.
I recently won a large lot of loose Lego at auction, (for too much money), and
have been working my way sorting through it all.
What hooked me was that it came with 30+ instruction sheets, all from the late
80's and early 90's, plus the box for 6542 Launch and Load and 6286 Pirate
Schooner.
Having now spent a couple of surprisingly enjoyable weeks cleaning and picking
out bits, I have 21 near complete sets (minus any Minifigures), but also normally
missing a couple of special pieces.
My question is - What should I do with it now?!
should I (A) looking to buy all of the missing parts (currently 215, inc. minifigs
across 21 sets) to complete the set and sell as 100% complete.
Overall it seems that I need to spend 25-35% of the set selling price to complete.
Or (B) part out and save myself the time of buying the parts to sell them on?
Part of me feels that it would be nice to complete them, but it will also take
a lot longer to get things up and running.
Note - given their age there are also a fair few discoloured parts which I would
want to de-yellow before selling.
All lot of the left over basic part will just join my son's collection.
Any advice would be great.
Thanks,
P.S. Not sure what happened to the photos flipping!
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United Kingdom, England
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USA, New Jersey
Belgium