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| | Author: | SurplusParts | Posted: | May 10, 2023 08:52 | Subject: | Biggest regrest as a seller? | Viewed: | 297 times | Topic: | General | |
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| Hey everybody,
Just wondering what your biggest regrets were as a seller?
I can name two myself.....
Number 1.........
I remember being in a store here in Australia (you would call them a big box
store in US), and the set
was on super sale for $300 AUD. I asked about them and they said they had 8
i could buy if i really wanted too. I thought about it, thinking they could
have future value and said no. Now they are selling at the cheapest for $1000
AUD.
Oh well.
Number 2........
My other regret would be receiving the Yoda Lightsaber as a GWP with purchase.
For some unknown reason I decided to part it out when i received it and now it
is selling for $300 AUD plus.
But i did do the inventory for the set so we are all a winner
So what was your biggest regret/stuff up/mistake........?????
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| | | | Author: | SurplusParts | Posted: | May 10, 2023 08:54 | Subject: | Re: Biggest regrest as a seller? | Viewed: | 55 times | Topic: | General | |
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| I did mean regrets.... |
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| | | | Author: | novabrick | Posted: | May 10, 2023 08:57 | Subject: | Re: Biggest regrest as a seller? | Viewed: | 81 times | Topic: | General | |
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| Probably selling
for less than what they're worth.
Christian
novabrick-team
In General, SurplusParts writes:
| Hey everybody,
Just wondering what your biggest regrets were as a seller?
I can name two myself.....
Number 1.........
I remember being in a store here in Australia (you would call them a big box
store in US), and the set
was on super sale for $300 AUD. I asked about them and they said they had 8
i could buy if i really wanted too. I thought about it, thinking they could
have future value and said no. Now they are selling at the cheapest for $1000
AUD.
Oh well.
Number 2........
My other regret would be receiving the Yoda Lightsaber as a GWP with purchase.
For some unknown reason I decided to part it out when i received it and now it
is selling for $300 AUD plus.
But i did do the inventory for the set so we are all a winner
So what was your biggest regret/stuff up/mistake........?????
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| | | | | | Author: | Biglesdug | Posted: | May 10, 2023 12:23 | Subject: | Re: Biggest regrest as a seller? | Viewed: | 44 times | Topic: | General | |
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| In General, novabrick writes:
| Probably selling
for less than what they're worth.
Christian
novabrick-team
In General, SurplusParts writes:
| Hey everybody,
Just wondering what your biggest regrets were as a seller?
I can name two myself.....
Number 1.........
I remember being in a store here in Australia (you would call them a big box
store in US), and the set
was on super sale for $300 AUD. I asked about them and they said they had 8
i could buy if i really wanted too. I thought about it, thinking they could
have future value and said no. Now they are selling at the cheapest for $1000
AUD.
Oh well.
Number 2........
My other regret would be receiving the Yoda Lightsaber as a GWP with purchase.
For some unknown reason I decided to part it out when i received it and now it
is selling for $300 AUD plus.
But i did do the inventory for the set so we are all a winner
So what was your biggest regret/stuff up/mistake........?????
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I have never seen that figure, now I most have it!
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| | | | Author: | peregrinator | Posted: | May 10, 2023 09:04 | Subject: | Re: Biggest regrest as a seller? | Viewed: | 67 times | Topic: | General | |
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| In General, SurplusParts writes:
| Number 1.........
I remember being in a store here in Australia (you would call them a big box
store in US), and the set
was on super sale for $300 AUD. I asked about them and they said they had 8
i could buy if i really wanted too. I thought about it, thinking they could
have future value and said no. Now they are selling at the cheapest for $1000
AUD.
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I realize the big numbers are impressive BUT in 6-7 years it's not even quadrupled
in value - if you bought $300 worth of parts in 2017 and were able to resell
them at $375, then did the same with that money, you'd be selling the parts
six years later for $1100+
2017 - $300=$375
2018 - $375=$468.75
2019 - $468.75=$585.94
2020 - $585.94=$732.43
2021 - $732.43=$915.54
2022 - $915.54=$1,144.43
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| | | | Author: | pcthurman | Posted: | May 10, 2023 10:27 | Subject: | Re: Biggest regrest as a seller? | Viewed: | 67 times | Topic: | General | |
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| | So what was your biggest regret/stuff up/mistake........?????
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Not buying more than 1 of and then opening the 1 I did buy!
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| | | | Author: | legoman77 | Posted: | May 10, 2023 10:27 | Subject: | Re: Biggest regrest as a seller? | Viewed: | 72 times | Topic: | General | |
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| In General, SurplusParts writes:
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So what was your biggest regret/stuff up/mistake........?????
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I sold two sealed and one opened, built and taken apart Cloud City, the original
one plus three complete sets of the minifigures. $150 for the sets, around 10
each for the minifigs.
John P
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| | | | Author: | 1001bricks | Posted: | May 10, 2023 10:36 | Subject: | Re: Biggest regrest as a seller? | Viewed: | 61 times | Topic: | General | |
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| | Just wondering what your biggest regrets were as a seller?
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Couldn't find a time travel machine
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| | | | | | Author: | helge | Posted: | May 10, 2023 10:37 | Subject: | Re: Biggest regrest as a seller? | Viewed: | 60 times | Topic: | General | |
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| In General, 1001bricks writes:
| | Just wondering what your biggest regrets were as a seller?
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Couldn't find a time travel machine
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I did; that is why I have so many old parts in my store
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| | | | | | | | Author: | helge | Posted: | May 10, 2023 10:39 | Subject: | Re: Biggest regrest as a seller? | Viewed: | 57 times | Topic: | General | |
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| In General, helge writes:
| In General, 1001bricks writes:
| | Just wondering what your biggest regrets were as a seller?
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Couldn't find a time travel machine
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I did; that is why I have so many old parts in my store
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Unfortunately it only works one way though: continuously into the future...
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| | | | | | | | | | Author: | 1001bricks | Posted: | May 10, 2023 10:41 | Subject: | Re: Biggest regrest as a seller? | Viewed: | 53 times | Topic: | General | |
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| In General, helge writes:
| In General, helge writes:
| In General, 1001bricks writes:
| | Just wondering what your biggest regrets were as a seller?
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Couldn't find a time travel machine
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I did; that is why I have so many old parts in my store
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Unfortunately it only works one way though: continuously into the future...
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That also explains while you were one of the firsts on BrickLink?
Nice you had this on the beginning
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| | | | Author: | helge | Posted: | May 10, 2023 10:53 | Subject: | Re: Biggest regrest as a seller? | Viewed: | 74 times | Topic: | General | |
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| | So what was your biggest regret/stuff up/mistake........?????
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Years ago, around the time Bricklink started up, I was driving with my family
through a small out of the way town, and stopped by a store that had a little
of everything. In a corner they had a huge pile of old LEGO sets at crazy low
prices. Classic space, trains, technic and all the other sets I did not get as
a kid. I mediately realized that I could not get all of it into the car with
wife and kids in it, and as I was filling up several shopping carts, I briefly
thought about how they were going to get home, but dismissed the thought as uninteresting.
But alas, to my big regret, when I got to the counter to pay for the treasure,
I sadly…
…woke up.
But it is the only dream from 20+ years back that I still clearly remember
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| | | | | | Author: | SylvainLS | Posted: | May 10, 2023 11:06 | Subject: | Re: Biggest regrest as a seller? | Viewed: | 47 times | Topic: | General | |
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| In General, helge writes:
| […]
I mediately realized that I could not get all of it into the car with
wife and kids in it,
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Wife and kids have legs, haven’t they?
Oh shoot
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| | | | | | Author: | 1001bricks | Posted: | May 10, 2023 11:22 | Subject: | Re: Biggest regrest as a seller? | Viewed: | 44 times | Topic: | General | |
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| | Years ago, around the time Bricklink started up, I was driving with my family
through a small out of the way town, and stopped by a store that had a little
of everything. In a corner they had a huge pile of old LEGO sets at crazy low
prices. Classic space, trains, technic and all the other sets I did not get as
a kid. I mediately realized that I could not get all of it into the car with
wife and kids in it
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And so? Leave wife and kids, who needs that?
| and as I was filling up several shopping carts, I briefly
thought about how they were going to get home, but dismissed the thought as uninteresting.
But alas, to my big regret, when I got to the counter to pay for the treasure,
I sadly…
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We did buy almost 2 complete Brick & Mortar shops which were closing around 2006/2007
maybe.
One of the best ever business we made, like Clould CitIES at 80%...
Now those toys shops are almost all closed around us, last time I checked anyway;
on line shops, Amazon and taxes killed them.
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| | | | Author: | maxx3001 | Posted: | May 10, 2023 11:26 | Subject: | Re: Biggest regrest as a seller? | Viewed: | 62 times | Topic: | General | |
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| In General, SurplusParts writes:
| Hey everybody,
Just wondering what your biggest regrets were as a seller?
|
I wasn’t a seller back then, not even on BrickLink yet, but it did trigger my
LEGO addiction back into my life.
It was around 2001, we were transitioning from our Dutch guilders into the euro.
I was in a store that had stacks of UCS X-wings, 40, maybe 50 for 75 guilders
a box.
Now, older Dutch people can quickly calculate how much euros that is and understand
what I now know.
But even at €75 they were a steal, so I bought one (1)…
I still sometimes wake up screaming in the middle of the night, NOOOOOOOOOOO!!!
Oh, the set was:
I still have it.
Maxx
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| | | | Author: | yorbrick | Posted: | May 10, 2023 11:33 | Subject: | Re: Biggest regrest as a seller? | Viewed: | 61 times | Topic: | General | |
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| | So what was your biggest regret/stuff up/mistake........?????
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Not buying larger quantities of 'winners' when they were clearanced or
cheap direct from LEGO, and then selling them too quick before they really rose
in price. So many examples of sets and parts.
Although if I hadn't had made quick flips then I probably wouldn't have
bought more.
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| | | | | | Author: | yorbrick | Posted: | May 10, 2023 11:41 | Subject: | Re: Biggest regrest as a seller? | Viewed: | 53 times | Topic: | General | |
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| In General, yorbrick writes:
| | So what was your biggest regret/stuff up/mistake........?????
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Not buying larger quantities of 'winners' when they were clearanced or
cheap direct from LEGO, and then selling them too quick before they really rose
in price. So many examples of sets and parts.
Although if I hadn't had made quick flips then I probably wouldn't have
bought more.
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I did this about 6-7 times before I realised I should put some away for later.
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| | | | | | | | Author: | yorbrick | Posted: | May 10, 2023 12:24 | Subject: | Re: Biggest regrest as a seller? | Viewed: | 50 times | Topic: | General | |
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| In General, yorbrick writes:
| In General, yorbrick writes:
| | So what was your biggest regret/stuff up/mistake........?????
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Not buying larger quantities of 'winners' when they were clearanced or
cheap direct from LEGO, and then selling them too quick before they really rose
in price. So many examples of sets and parts.
Although if I hadn't had made quick flips then I probably wouldn't have
bought more.
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I did this about 6-7 times before I realised I should put some away for later.
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Here is another more recent oops ...
although I made a decent profit on it and it seemed like a good idea at the time.
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| | | | Author: | rainbowmist | Posted: | May 10, 2023 11:56 | Subject: | Re: Biggest regrest as a seller? | Viewed: | 48 times | Topic: | General | |
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| | Just wondering what your biggest regrets were as a seller?
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Mine would be going to a Meijer/Toys R Us and seeing early Harry Potter and LOTR/Hobbit
sets and not having the $ to buy them to resell for more later. Wasn't really
a seller back in the 2000s-2010s yet.
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| | | | Author: | Chickaroo | Posted: | May 10, 2023 12:17 | Subject: | Re: Biggest regrest as a seller? | Viewed: | 52 times | Topic: | General | |
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So what was your biggest regret/stuff up/mistake........?????
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Visiting the local Lego store and seeing a stack of these on sale for £50 just
as I was leaving
I was new to BrickLink back then and didn’t initially realise they were worth
buying
I went back a few days later and asked if they had any left but they obviously
had sold out.
You live and learn!
Roo
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| | | | | | Author: | 1001bricks | Posted: | May 10, 2023 12:21 | Subject: | Re: Biggest regrest as a seller? | Viewed: | 46 times | Topic: | General | |
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| In General, Chickaroo writes:
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So what was your biggest regret/stuff up/mistake........?????
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Visiting the local Lego store and seeing a stack of these on sale for £50 just
as I was leaving
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Yeah, got some of those in these shops we bought!
This because I learnt soon Chickaroo's moto: "buy first, think later"
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| | | | | | | | Author: | macebobo | Posted: | May 10, 2023 12:57 | Subject: | Re: Biggest regrest as a seller? | Viewed: | 54 times | Topic: | General | |
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| In General, 1001bricks writes:
| This because I learnt soon Chickaroo's moto: "buy first, think later"
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This is why I have over 2000 of
But they did come with a Bulk purchase that has more than paid for itself, but
those flat silver plates just do not move.
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| | | | | | | | | | Author: | ghyde | Posted: | May 11, 2023 16:58 | Subject: | Re: Biggest regrest as a seller? | Viewed: | 51 times | Topic: | General | |
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| In General, macebobo writes:
| In General, 1001bricks writes:
| This because I learnt soon Chickaroo's moto: "buy first, think later"
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This is why I have over 2000 of
But they did come with a Bulk purchase that has more than paid for itself, but
those flat silver plates just do not move.
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Your store T&C has a typo in it:
"We repond"
Missing an 's' key?
Cheers ...
ghyde
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| | | | | | | | | | | | Author: | macebobo | Posted: | May 11, 2023 17:32 | Subject: | Re: Biggest regrest as a seller? | Viewed: | 59 times | Topic: | General | |
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| In General, ghyde writes:
| In General, macebobo writes:
| In General, 1001bricks writes:
| This because I learnt soon Chickaroo's moto: "buy first, think later"
|
This is why I have over 2000 of
But they did come with a Bulk purchase that has more than paid for itself, but
those flat silver plates just do not move.
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Your store T&C has a typo in it:
"We repond"
Missing an 's' key?
Cheers ...
ghyde
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I refill the duck pond every offer.
Thank you, fixed.
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| | | | Author: | Biglesdug | Posted: | May 10, 2023 12:53 | Subject: | Re: Biggest regrest as a seller? | Viewed: | 52 times | Topic: | General | |
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| In General, SurplusParts writes:
| Hey everybody,
Just wondering what your biggest regrets were as a seller?
I can name two myself.....
Number 1.........
I remember being in a store here in Australia (you would call them a big box
store in US), and the set
was on super sale for $300 AUD. I asked about them and they said they had 8
i could buy if i really wanted too. I thought about it, thinking they could
have future value and said no. Now they are selling at the cheapest for $1000
AUD.
Oh well.
Number 2........
My other regret would be receiving the Yoda Lightsaber as a GWP with purchase.
For some unknown reason I decided to part it out when i received it and now it
is selling for $300 AUD plus.
But i did do the inventory for the set so we are all a winner
So what was your biggest regret/stuff up/mistake........?????
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Mine would be this new in the box
as well as a prototype Yoda on the street cube
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| | | | Author: | zorbanj | Posted: | May 10, 2023 13:12 | Subject: | Re: Biggest regrest as a seller? | Viewed: | 59 times | Topic: | General | |
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| In General, SurplusParts writes:
| Hey everybody,
Just wondering what your biggest regrets were as a seller?
|
Not selling in earnest until a few years ago. I've been here since December
2003 and would only sell occasionally as I kept putting off the monumental task
of going through and listing what I had. I'm doing it now but it's slow-going.
Probably would have gotten better prices for some the 80s/90s sets if i didn't
wait so long.
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| | | | Author: | infinibrix | Posted: | May 10, 2023 13:18 | Subject: | Re: Biggest regrest as a seller? | Viewed: | 67 times | Topic: | General | |
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| In General, SurplusParts writes:
| Hey everybody,
Just wondering what your biggest regrets were as a seller?
I can name two myself.....
Number 1.........
I remember being in a store here in Australia (you would call them a big box
store in US), and the set
was on super sale for $300 AUD. I asked about them and they said they had 8
i could buy if i really wanted too. I thought about it, thinking they could
have future value and said no. Now they are selling at the cheapest for $1000
AUD.
Oh well.
|
When it comes to good investments its all relative to what you paid rather than
how high you can sell it for and so I wouldn't be overly concerned about
missing out on your Porches. The best investments are those that don’t require
too much upfront cost, don’t take up too much storage space and make the biggest
markups in the shortest time!
Those Porches required a $300 upfront cost for a $1000 sale which in Lego selling
terms is an okay 235% markup but how many years would that upfront money be tied
up in storage?
There is no doubt that this is still a far better markup than most other products
out there although not so much when it comes to investing in Lego products.
Even when I look at some of my own Lego set investments. I have several Helm’s
Deep in storage for 10 years I paid £50 for them in a sale and they are worth
about £375 today which is a 650% markup which I guess is good but when you consider
how long I’ve had in storage and how much space they take up compared with the
very small BARC speeder sets I purchased around the same time which only cost
me £12 and yet are also worth £375 making a much bigger 3000% markup!
However overall its generally not the sets that make the best investments, its
the parts which at a fraction of the upfront cost will often easily make a 200%
markup from day 1 and then a 2000-3000% markup in half the time it takes a set
to reach the same markup level
In the end what I'm saying is there is a lot better you could probably do
with investing that $300 even if that means buying parts here from another seller!
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| | | | Author: | UTLF | Posted: | May 11, 2023 17:47 | Subject: | (Cancelled) | Viewed: | 44 times | Topic: | General | |
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| (Cancelled) |
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| | | | | | Author: | Nubs_Select | Posted: | May 11, 2023 17:54 | Subject: | Re: Biggest regrest as a seller? | Viewed: | 61 times | Topic: | General | |
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| | is cope with the fact that I could've traded them for a house if I had just
held onto them for 3 years longer
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except housing prices for the past 3 years in Canada have been going up much
faster then even the most valuable lego set or figure it seems
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| | | | Author: | bahpstore | Posted: | May 14, 2023 09:17 | Subject: | Re: Biggest regrest as a seller? | Viewed: | 63 times | Topic: | General | |
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| In General, SurplusParts writes:
| So what was your biggest regret/stuff up/mistake........?????
|
Before Lego Education bought back by LG, there were some good deals to have
We got a pallet of
for $6 a piece. Thought of getting more but storage space was an issue. Oh well.
Still have a few boxes waiting for part out, check back if anyone wants
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