Subject:
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Re: The legend died (Re: The legend lives)
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Newsgroups:
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lugnet.castle
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Date:
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Mon, 11 Jun 2001 23:23:13 GMT
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Viewed:
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707 times
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Sorry for quoting so much, it's all context....:
In lugnet.castle, James Brown writes:
> In lugnet.castle, Eric Joslin writes:
> > Actually, the reissue should make collectors deleriously happy.
> >
> > Right now there are two major groups of people looking to buy out-of-
> > production LEGO sets- set collectors (those who want to have a set for the
> > sake of having the set) and builders (those who want a set because it has
> > pieces no longer in production, or not available in certain colors in other
> > sets, etc). Because there are two groups of people to whom certain sets
> > appeal, the price can get driven up pretty high.
> >
> > With the re-relese of the Guarded Inn, builders will no longer need to buy the
> > original Guarded Inn in order to get certain elements (sign, tudor wall
> > pieces, etc). This will mean the price for the original set will come down,
> > because only the collectors will still want it.
> >
> > If someone who has the set already is upset because the price will be
> > dropping, that means one of two things- either, as Mark said, they are
> > holding the sets hoping they will go up in value (also known as
> > "speculating"), in which case I also have no sympathy towards them, or they
> > are people who bought it for their own collections and now feel they paid too
> > much- to whom I say, stop being a collector. Things go up and down in value
> > for a lot of reasons, and nothing you buy is guaranteed to be worth as much
> > as you paid for it forever. If you can't deal with that, collecting is not
> > for you.
>
> I've been trying to think of a good way to express this for a couple days
> now. Thanks, Eric - I agree 100%
>
> People like me who only want the parts can get the new one, collectors who
> want the original can still hunt it down and have their stories or
> what-have-you. Speculators who want only to sell for profit can learn from
> this, and put their money into something more stable than the used toy
> market(1).
I can also agree 100% with what Eric wrote--with the exception
that I don't see the "speculation" or selling market as such a
sacrophytic organism. There are shades of grey; for everyone
hauling 6067s out in hopes of getting $200, there are many more
parts sellers (like me) who get numbers of currently-available
sets, make lots of unusual parts, and sell those to fund their
own collections. But those who do buy to sell, markup, and
auction are certainly welcome to do so, in my opinion. I'm
downright Larritarian in that one small part of my philosophy.
But I do agree that collectors should accept what's happened as
part and parcel of the speculator's market. It is 100% within
LEGO's right to reproduce any set they wish--it is *their own
intellectual property and nobody else's*. LEGO hasn't stolen
anything from anyone, they have rather actually listened to our
clamour and watched the demands and wishes and now they're making
a gesture towards the things we as a community have long wished
for. What's more, when adjusted for inflation it's actually
*cheaper* than the original retail price was--so I don't think
they're trying to profiteer unduly. That's one of the risks
of collecting anything that's produced by a company that still
exists. If you want safe collectibles, go for old Packards and
Studebakers (and AMC Gremlins...bwaaahaahhaaha!).
Now, that said, it's within our purview to continue to wish
and critique and complain--I'd bet TLC has a pretty thick skin
and will know how to read it. In that vein I have very much
appreciated the viewpoints of those who aren't happy with
the creation of the Legends line, even though I'm firmly in
the "oh, neat!" camp. I want some Tudor houses! :)
> 1:(pardon my cynicism) ...like penny stocks, the lottery, or commodity futures.
Don't forget that Savings & Loan!
Slightly related: Is 10000 the first step towards re-introducing
truly modular Castles (not counting Ninja)?
best
Lindsay
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Message has 1 Reply:
Message is in Reply To:
 | | Re: The legend died (Re: The legend lives)
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| (...) I've been trying to think of a good way to express this for a couple days now. Thanks, Eric - I agree 100% People like me who only want the parts can get the new one, collectors who want the original can still hunt it down and have their (...) (23 years ago, 11-Jun-01, to lugnet.castle)
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