How to get started

1

Camelcamelcamel

Supply. Lego doesn't usually report how many of each set is made so supply can be a little difficult to figure out, but there are a few tricks you can do. 1: You can look at lego.com. Sometimes it will tell you if a set is "hard to find." That's usually a good sign. If Lego.com constantly puts the set on sale then that's probably a bad sign. 2: You can go to a local walmart or Lego store and see how many of those sets are on a shelf. Bigger sets will always have fewer than smaller sets, but if you see a small-medium size set with 20 copies on the shelf then it's possible there's a surplus. Lastly, you can check camelcamelcamel.com. If a set is constantly being sold at less than retail value then there's a chance that you'll have to wait for its actual value to exceed the MSRP.

#eCommerce #eCommerce Tools #Online Shopping 398 social mentions

2

Brick Economy

The number one thing to look for are sets that will retire soon. If you buy a set and it doesn't retire for 2 more years then it won't start appreciating in value for 2 years. Lego doesn't formally announce when most sets will retire. (though they do have a 'last chance to buy' section on their site, so keep an eye on that.) Usually the community comes up with a list of sets that are likely to retire based off of the lifespan of similar lego sets, and based off what retailers are able to order. If Lego is turning ddown orders for a particular set to retailers, you can bet it's retiring soon. The best way to figure out what sets are retiring is to watch some youtube channels and pay attention to sites like brickeconomy.com.

#Investing #Tech #Robots 3 social mentions