Subject:
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Re: Lego Insurance?
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Newsgroups:
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lugnet.general
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Date:
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Tue, 16 Nov 1999 19:08:43 GMT
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Viewed:
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596 times
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In lugnet.general, Ben Roller writes:
> In lugnet.general, James Brown writes:
> > Using some of the "xx pounds of Lego!" auctions on e-bay, estimate the value
> > of your collection. For the more specialized bits, you might want to use
> > Auczilla or MA, or one of the large parts sellers (Baylit or another) to work
> > out an estimate of how much it would take to replace those parts in volume.
> > In fact, Todd probably has that information already, but I imagine he's leary
> > of just giving it out, because it holds a lot of value, and represents a lot
> > of work.
>
> I don't know about, and certainly can't speak for, Todd, but I know that some
> people wouldn't give out this info just to keep it from falling into the • "wrong
> hands" and becoming part of a Lego Price Guide. Though, insurance purposes
> would be a good use of this sort of guide IMO.
>
> Ben Roller
I keep a personal spreadsheet which takes the retail price of a set and the
number of pieces to extrapolate an average price per piece. I use this to
get a ballpark figure on the original price of the older sets. I've only
averaged the price for about 75 sets so it's still a little rough, but it
gets my point across.
I also use the magic number as a baseline when buying new sets. If the price
per piece of the new set is too high (without some sort of redeeming factor)
then I won't buy it. Personally, I would love to see what Todd's averages look
like compared to mine.
-Duane
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Message has 2 Replies:
 | | Re: Lego Insurance?
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| (...) Many of the older sets can be looked up in the database here on Lugnet. While this is useful for the use you mentioned (determining the value of new sets), it's not very useful for older sets. I would think that the value of a set from the (...) (25 years ago, 16-Nov-99, to lugnet.general)
| | | Re: Lego Insurance?
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| (...) Note that price per piece in AucZilla is going to be higher than the average price per piece using retail set prices. (25 years ago, 17-Nov-99, to lugnet.general)
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Message is in Reply To:
| | Re: Lego Insurance?
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| (...) I don't know about, and certainly can't speak for, Todd, but I know that some people wouldn't give out this info just to keep it from falling into the "wrong hands" and becoming part of a Lego Price Guide. Though, insurance purposes would be a (...) (25 years ago, 16-Nov-99, to lugnet.general)
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