Discussion Forum: Thread 365181

 Author: Sanderyn View Messages Posted By Sanderyn
 Posted: Dec 12, 2024 02:38
 Subject: Advice needed Lego 4000031
 Viewed: 186 times
 Topic: Selling
 Report:
Cancel Message
Cancel
Reply to Message
Reply
BrickLink
ID Card

Sanderyn (0)

Location:  Netherlands, Groningen
Member Since Contact Type Status
Dec 12, 2024 Contact Member Buyer
Buying Privileges - OK
Hi all,

we are thinking of selling our Lego 4000031 T-Rex.
I have already figured out that it is a very rare set. However, since it is this
rare, we do not know what the best course of action is.

What would be a good place to sell it? Ebay/Catawiki, anywhere else?
The set has been opened, the box is no longer there. However, it is mint, complete
and with the build book.

Being out of the box, what would this do with the value?

Any advice on price range of reserve?

Any advice how to proceed would be greatly appreciated

Kind regards,

San
 Author: Nubs_Select View Messages Posted By Nubs_Select
 Posted: Dec 12, 2024 02:57
 Subject: Re: Advice needed Lego 4000031
 Viewed: 82 times
 Topic: Selling
 Report:
Cancel Message
Cancel
Reply to Message
Reply
BrickLink
ID Card

Nubs_Select (4851)

Location:  Canada, Ontario
Member Since Contact Type Status
Mar 15, 2016 Contact Member Seller
Buying Privileges - OKSelling Privileges - OK
Store: Nub's Select
BrickLink Inventories Administrator (?)
  Being out of the box, what would this do with the value?

Probably at least a 33% loss in value. It’s one of only 3 exclusive items to
the set (instructions, box, and the dinosaur). And since it’s the type of set
that only collectors would buy, it’s a very important part

Looking around it seems only a handful are for sale at around the $8,500-$10,000
mark but those are new with box and there aren’t any sold. Since yours is missing
the box and is used it would probably be sub $5,000 and likely less considering
how it doesn’t seem to actually be worth $10,000 as none have sold
 Author: axaday View Messages Posted By axaday
 Posted: Dec 12, 2024 06:16
 Subject: Re: Advice needed Lego 4000031
 Viewed: 73 times
 Topic: Selling
 Report:
Cancel Message
Cancel
Reply to Message
Reply
BrickLink
ID Card

axaday (8150)

Location:  USA, Oklahoma
Member Since Contact Type Status
Jun 28, 2005 Contact Member Seller
Buying Privileges - OKSelling Privileges - OK
Store: Axaday
In Selling, Nubs_Select writes:
  
  Being out of the box, what would this do with the value?

Probably at least a 33% loss in value. It’s one of only 3 exclusive items to
the set (instructions, box, and the dinosaur). And since it’s the type of set
that only collectors would buy, it’s a very important part

Looking around it seems only a handful are for sale at around the $8,500-$10,000
mark but those are new with box and there aren’t any sold. Since yours is missing
the box and is used it would probably be sub $5,000 and likely less considering
how it doesn’t seem to actually be worth $10,000 as none have sold

As a collector who does not own a silver mine, those numbers make me sad. I'd
like to have this, but I will never pay what the market seems to think it is
worth.
 Author: tonnic View Messages Posted By tonnic
 Posted: Dec 12, 2024 07:12
 Subject: Re: Advice needed Lego 4000031
 Viewed: 79 times
 Topic: Selling
 Report:
Cancel Message
Cancel
Reply to Message
Reply
BrickLink
ID Card

tonnic (4519)

Location:  Netherlands, Noord-Holland
Member Since Contact Type Status
Sep 30, 2004 Contact Member Seller
Buying Privileges - OKSelling Privileges - OK
Store Closed Store: Tons_of_Bricks
In Selling, axaday writes:
  In Selling, Nubs_Select writes:
  
  Being out of the box, what would this do with the value?

Probably at least a 33% loss in value. It’s one of only 3 exclusive items to
the set (instructions, box, and the dinosaur). And since it’s the type of set
that only collectors would buy, it’s a very important part

Looking around it seems only a handful are for sale at around the $8,500-$10,000
mark but those are new with box and there aren’t any sold. Since yours is missing
the box and is used it would probably be sub $5,000 and likely less considering
how it doesn’t seem to actually be worth $10,000 as none have sold

As a collector who does not own a silver mine, those numbers make me sad. I'd
like to have this, but I will never pay what the market seems to think it is
worth.

I agree with you. This part is reasonably rare but it is still a plastic toy.
Although I was a collector and even had, for instance, the golden C3PO (1 of
10.000) that is now worth about 10 times I sold it for I never really understand
why you would pay 1000’s of $|€’s for a modern toy.
10.000 isn’t rare, Boba Fett Cloud City has been made in the 100.000’s, maybe
even over a million times.
Of course they are sought after but still…

And I can imagine really old and really scarce toys can make a lot of money but
for Lego I am still not getting used to it.

There is something else for me too.
Older toyfactory’s and even (most) real artist did not create rarity in making
low productionnumbers. It just happened due to low production and time passing
by.
Lego has a nasty habit of creating rarity’s while they could churn out much larger
numbers to please a lot more customers/collectors.
And, yes, I do know (Lego) rarity’s create a certain aura of importance and wanting
to have more therefore being, maybe, good for Lego at the end.
 Author: yorbrick View Messages Posted By yorbrick
 Posted: Dec 12, 2024 07:51
 Subject: Re: Advice needed Lego 4000031
 Viewed: 63 times
 Topic: Selling
 Report:
Cancel Message
Cancel
Reply to Message
Reply
BrickLink
ID Card

yorbrick (1207)

Location:  United Kingdom, England
Member Since Contact Type Status
Apr 11, 2011 Contact Member Seller
Buying Privileges - OKSelling Privileges - OK
Store: Yorbricks
  I agree with you. This part is reasonably rare but it is still a plastic toy.

It isn't just a toy though. It is a collectable. I really doubt anyone buying
an item like this is buying it as a toy. If they want a plastic toy LEGO dinosaur
then they can buy one of the other retail versions at a much, much cheaper price.

LEGO know what they are doing when they create exclusive prizes, they are making
them special so the prize is something that stands out from regular retail sets.
 Author: tonnic View Messages Posted By tonnic
 Posted: Dec 12, 2024 07:56
 Subject: Re: Advice needed Lego 4000031
 Viewed: 62 times
 Topic: Selling
 Report:
Cancel Message
Cancel
Reply to Message
Reply
BrickLink
ID Card

tonnic (4519)

Location:  Netherlands, Noord-Holland
Member Since Contact Type Status
Sep 30, 2004 Contact Member Seller
Buying Privileges - OKSelling Privileges - OK
Store Closed Store: Tons_of_Bricks
In Selling, yorbrick writes:
  
  I agree with you. This part is reasonably rare but it is still a plastic toy.

It isn't just a toy though. It is a collectable.

I agree but in my opinion it shouldn’t be like this.
I really doubt anyone buying

  an item like this is buying it as a toy. If they want a plastic toy LEGO dinosaur
then they can buy one of the other retail versions at a much, much cheaper price.

LEGO know what they are doing when they create exclusive prizes, they are making
them special so the prize is something that stands out from regular retail sets.

In the end that was my point too.
My other point is that it should not be done in this way. It is comforting the
few with large pockets, and yes that is the real world but shouldn’t be done
by Lego.
 Author: SylvainLS View Messages Posted By SylvainLS
 Posted: Dec 12, 2024 08:12
 Subject: Re: Advice needed Lego 4000031
 Viewed: 71 times
 Topic: Selling
 Report:
Cancel Message
Cancel
Reply to Message
Reply
BrickLink
ID Card

SylvainLS (52)

Location:  France, Nouvelle-Aquitaine
Member Since Contact Type Status
Apr 25, 2014 Contact Member Seller
Buying Privileges - OKSelling Privileges - OK
Store Closed Store: BuyerOnly
BrickLink Discussions Moderator (?)
In Selling, tonnic writes:
  […]
My other point is that it should not be done in this way. It is comforting the
few with large pockets, and yes that is the real world but shouldn’t be done
by Lego.

Fake scarcity is all right.
Showing mining or logging operations in designs isn’t (new rule for BDP 7+).

(What are those LEGO spacemen/arctic people doing with these crystals?  Oopsies.)
 Author: Zorstore View Messages Posted By Zorstore
 Posted: Dec 12, 2024 08:27
 Subject: Re: Advice needed Lego 4000031
 Viewed: 60 times
 Topic: Selling
 Report:
Cancel Message
Cancel
Reply to Message
Reply
BrickLink
ID Card

Zorstore (830)

Location:  USA, New York
Member Since Contact Type Status
Jul 2, 2020 Member Does Not Allow Contact Seller
Buying Privileges - OKSelling Privileges - OK
Store: Zor
In Selling, tonnic writes:
  In Selling, yorbrick writes:
  
  I agree with you. This part is reasonably rare but it is still a plastic toy.

It isn't just a toy though. It is a collectable.

I agree but in my opinion it shouldn’t be like this.
I really doubt anyone buying

  an item like this is buying it as a toy. If they want a plastic toy LEGO dinosaur
then they can buy one of the other retail versions at a much, much cheaper price.

LEGO know what they are doing when they create exclusive prizes, they are making
them special so the prize is something that stands out from regular retail sets.

In the end that was my point too.
My other point is that it should not be done in this way. It is comforting the
few with large pockets, and yes that is the real world but shouldn’t be done
by Lego.

*Hasbro HasLab takes a step back*
 Author: yorbrick View Messages Posted By yorbrick
 Posted: Dec 12, 2024 09:42
 Subject: Re: Advice needed Lego 4000031
 Viewed: 75 times
 Topic: Selling
 Report:
Cancel Message
Cancel
Reply to Message
Reply
BrickLink
ID Card

yorbrick (1207)

Location:  United Kingdom, England
Member Since Contact Type Status
Apr 11, 2011 Contact Member Seller
Buying Privileges - OKSelling Privileges - OK
Store: Yorbricks
In Selling, tonnic writes:
  In Selling, yorbrick writes:
  
  I agree with you. This part is reasonably rare but it is still a plastic toy.

It isn't just a toy though. It is a collectable.

I agree but in my opinion it shouldn’t be like this.
I really doubt anyone buying

I imagine there are people buying, just very rarely. But then there aren't
really people selling either. If I had one to sell, I'd want to maximise
the gain from it. I would list it high. Maybe if it doesn't sell, I'd
drop the price. But I wouldn't want to drop it much or often as anyone that
is interested will tend to wait to see if I drop it further. They run the risk
of losing out to someone else jumping in, but if demand at high prices is very
low they might feel confident to wait. If I had it as a seller I'd probably
just hang on to it and leave it priced high so that buyers know if they want
it then they'll have to pay up.

  
  an item like this is buying it as a toy. If they want a plastic toy LEGO dinosaur
then they can buy one of the other retail versions at a much, much cheaper price.

LEGO know what they are doing when they create exclusive prizes, they are making
them special so the prize is something that stands out from regular retail sets.

In the end that was my point too.
My other point is that it should not be done in this way. It is comforting the
few with large pockets, and yes that is the real world but shouldn’t be done
by Lego.

Why shouldn't it be done? It hurts nobody. Anyone that wants a LEGO T-Rex
can buy one at retail. There is nothing special about this one other than its
colouring. The only people that might get upset about it existing are those people
that want to have them all. And they are, by definition, collectors.

   I never really understand why you would pay 1000’s of $|€’s for a modern toy.

Why would anyone pay 1000s for an old toy? The price is still down to rarity
(in reality, supply vs demand), just like for modern toys or any other collectables.
 Author: peregrinator View Messages Posted By peregrinator
 Posted: Dec 12, 2024 07:57
 Subject: Re: Advice needed Lego 4000031
 Viewed: 65 times
 Topic: Selling
 Report:
Cancel Message
Cancel
Reply to Message
Reply
BrickLink
ID Card

peregrinator (1101)

Location:  USA, New Jersey
Member Since Contact Type Status
Jan 21, 2003 Contact Member Seller
Buying Privileges - OKSelling Privileges - OK
Store: Faber Family Bricks
In Selling, tonnic writes:
  In Selling, axaday writes:
  In Selling, Nubs_Select writes:
  
  Being out of the box, what would this do with the value?

Probably at least a 33% loss in value. It’s one of only 3 exclusive items to
the set (instructions, box, and the dinosaur). And since it’s the type of set
that only collectors would buy, it’s a very important part

Looking around it seems only a handful are for sale at around the $8,500-$10,000
mark but those are new with box and there aren’t any sold. Since yours is missing
the box and is used it would probably be sub $5,000 and likely less considering
how it doesn’t seem to actually be worth $10,000 as none have sold

As a collector who does not own a silver mine, those numbers make me sad. I'd
like to have this, but I will never pay what the market seems to think it is
worth.

I agree with you. This part is reasonably rare but it is still a plastic toy.
Although I was a collector and even had, for instance, the golden C3PO (1 of
10.000) that is now worth about 10 times I sold it for I never really understand
why you would pay 1000’s of $|€’s for a modern toy.

I have a tendency to "collect" (my word) or "hoard" (maybe others'
word) but the issue is, the thing that is collected, gathering dust somewhere,
isn't fulfilling its telos. Lego is meant to be built.
 Author: LeeGo73 View Messages Posted By LeeGo73
 Posted: Dec 12, 2024 05:18
 Subject: Re: Advice needed Lego 4000031
 Viewed: 62 times
 Topic: Selling
 Report:
Cancel Message
Cancel
Reply to Message
Reply
BrickLink
ID Card

LeeGo73 (1693)

Location:  Netherlands, Zuid-Holland
Member Since Contact Type Status
Dec 28, 2020 Contact Member Seller
Buying Privileges - OKSelling Privileges - OK
Store: 2 buy 4 Bricks
In Selling, Sanderyn writes:
  Hi all,

we are thinking of selling our Lego 4000031 T-Rex.
I have already figured out that it is a very rare set. However, since it is this
rare, we do not know what the best course of action is.

What would be a good place to sell it? Ebay/Catawiki, anywhere else?
The set has been opened, the box is no longer there. However, it is mint, complete
and with the build book.

Being out of the box, what would this do with the value?

Any advice on price range of reserve?

Any advice how to proceed would be greatly appreciated

Kind regards,

San

You can check brickeconomy for some additional price indication.