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Subject: 
Re: Inventory Pricing?
Newsgroups: 
lugnet.market.buy-sell-trade, lugnet.market.theory
Date: 
Wed, 27 Mar 2002 10:02:52 GMT
Viewed: 
3944 times
  
there was a guy called Steve Waibel who did a price index magazine called
Buy the Brick. I brought a copy (it was about $5) and he had done a _LOT_ of
research into it. It indexes most if not all sets (definately from late 70s
on) and their cheapest / average / highest e-bay prices over a period. I
think he planned it to be quaterly but many Lego fans didn't like it as it
encourages collecters to speculate :) I did find it useful, and quite
interesting tho.

I cant find any reference to it on the web now and his site has gone. I have
a copy of it in PDF if people are interested

--
James Stacey
---------
www.minifig.co.uk
#925 - I'm a citizen of Legoland travelling Incommunicado

"David Eaton" <deaton@intdata.com> wrote in message
news:GtLqrp.GEy@lugnet.com...
> In lugnet.market.buy-sell-trade, Ahui Herrera writes:
> > I'm selling a software application to keep track of your toy collection
> > inventory (can be used for lEGOS).  It's a quick wy to provide your
> > insurance company a reference what what you want insured..
> > 
> > http://am_production.tripod.com/Products/TIC/TIC_About.htm
> > 
> > A&M Productions
> 
> This got me thinking-- I've kept set inventories in Excel, and also in a
> several flat files (currently one used in combo with a Perl parser), but
> going back over my nearly 1000 sets that I've entered and locating prices
> for them is quite the trick. Lugnet prices are fine for currently • available
> items, but what about something from the 80's? Or what if it's not in good
> condition? Etc. Makes me think a set valuator would be helpful-- Perhaps
> examine various pricing schemes:
> 
> - Going flat rate
> - Going auction rate
> - Original rate
> - Going price/piece ratio rate
> 
> Flat Rate
> Based on BrickLink sale prices, Ebay prices, Lego.com (or Lugnet in the
> absence of a Lego.com price) for items < 3 years old.
> 
> Auction Rate
> Based on Past/Present BrickLink & Ebay final auction prices.
> 
> Original Rate
> Probably based off of Lugnet set DB price
> 
> Going price/piece ration rate
> Tricky. Very tricky. Perhaps better to take the theme's overall • price/piece
> ratio, but as a price base, you'd have to go off of one of the
> aforementioned price schemes (Hey, they spell FAO! Does that mean they're
> too pricey?). Or just use a generic (roughly $.10 USD) price/piece rate.
> 
> Then you've got to take into account set/piece condition, etc. That might • be
> tough. Most likely use a directly sliding scale, but also scale for set • age.
> IE a really poor condition 6091 will have a higher loss percentage than an
> equally poor condition 6080. Although potentially not, since an MISB 6080
> (being the basis for judgement) would actually skyrocket in value. Hence,
> perhaps it would actually get a lower loss percentage?
> 
> Anyway, this would be about the coolest thing since 2x4 bricks, I'd think.
> IIRC someone was selling something similar a couple years back based on • Ebay
> prices. I was almost tempted to buy it except for the fact that:
> 
>  - it was never revealed how accurate it was (taking into account set.
> condition, completeness, or "extras" like buying a 6080,6079,6073,6067 all
> at once, etc.
>  - the seller never said which sets were included in the list.
>  - I'm not sure they even said how many actual sets or auctions were in • the
> list of prices they had.
> 
> I forget how much they were charging, but I was tempted. Anyway, just
> wondering if anyone had any thoughts on this...
> 
> DaveE



Message is in Reply To:
  Inventory Pricing?
 
(...) This got me thinking-- I've kept set inventories in Excel, and also in a several flat files (currently one used in combo with a Perl parser), but going back over my nearly 1000 sets that I've entered and locating prices for them is quite the (...) (25 years ago, 26-Mar-02, to lugnet.market.buy-sell-trade, lugnet.market.theory)

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