When is the Best Time to Purchase LEGO Sets? – LEGO Investing for Beginners: Ep 4 from Youtuber- Jake’s Bricks
they have higher chances of increasing in value quickly. However, these sets are usually targeted towards collectors and not the average Lego investor.
But for the majority of Lego sets, buying on release day is not a wise decision. The price is often at its highest point, and you don’t have any data on how the set will perform in the market. It’s like jumping into an investment blindfolded, and let’s be honest, that’s never a good idea.
Instead, the sweet spot for Lego investing is buying sets on discount as close to retirement as possible. Black Friday is often the perfect time to snag these deals. By purchasing a set right before it’s discontinued, you have a higher chance of seeing its value appreciate over time.
So, what should you look for when investing in Lego sets? Firstly, find sets that are nearing retirement, so you don’t have to hold onto them for too long. Secondly, look for discounts or promotions that can save you money. Gift with purchase offers and cash backs are great ways to get more bang for your buck. Lastly, consider the popularity and demand for the set. Is it widely available, or is it a limited edition? These factors can greatly impact its potential resale value.
Now, I know some of you might be thinking, “Are there any exceptions to the rule?” Well, there have been cases where Lego released regional exclusives or limited edition sets that quickly become highly sought after. However, these sets are not the norm, and it’s not something you can rely on as a consistent investment strategy. Plus, Lego has been moving away from these types of releases in recent years.
So, in conclusion, resist the temptation to buy Lego sets on release day. It’s not a smart investing strategy. Wait for discounts and promotions, and keep an eye on sets nearing retirement. That’s where the real money-making opportunities lie in the world of Lego investing. Stay patient, stay savvy, and may your brick-filled dreams come true.
Check out this video from Jake’s Bricks here
