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Subject: 
Re: The meaning of "Complete"
Newsgroups: 
lugnet.market.theory
Date: 
Wed, 18 Apr 2001 19:15:12 GMT
Viewed: 
539 times
  
In lugnet.market.auction, Kyle D. Jackson writes:
[FUT lugnet.market.theory]

G'day folks,

I've been thinking about this for quite a while so I figure
it's probably a good discussion topic.

I've bought many LEGO sets over the past little while, mostly
from eBay.  Probably somewhere handy to $2500-worth.  The mix
of sellers has been wide: some high-volume, some first-timers,
some exclusively sell LEGO, others are more general.

In all of these transactions I am noticing the same thing:  I
very rarely receive a set stated to be "Complete" that actually
is 100% complete and unsubstituted.  To put some rough numbers
to it, about 50-75% of the "Complete" sets I buy are missing
pieces and/or have pieces substituted (ignoring sealed sets).


...snip...

Speaking as a buyer, I am generally more pleased with Brickbay set purchases
than with Ebay purchases.  Here's the most important thing I've learned for
Ebay Lego purchases: Generally speaking, if you haven't bought from the
person before (and hence have a history with them), then take everything in
the description with a grain of salt - the more warning bells going off the
bigger the grain of salt should be.  Then set your final bid price
accordingly (i.e. - lower feedback and no photos(1) equals lower bid
amount).  This means that many times you won't win, but if you do, then the
chances of being "taken" are minimized.

I recently bought two incomplete sets as part of one auction from a buyer(2)
on Ebay and the photos clearly showed the missing and color substituted
pieces.  The text description was very detailed and helped me decide on a
bid amount that matched the condition and completeness of the sets being
sold(3).  6930 is now finished and 6972 is almost done to the level I am
going to finish at(4).  The price was a fraction of what could have been
paid and I had FUN buying and making the sets more complete!

Hope this helps,

Bob

(1) Not having photos immediately lowers my price since a picture is worth a
thousand words.
(2) <set:6930> and <set:6972>
(3) When buying incomplete sets, I also try to take into account how much I
may have to spend on Brickbay to improve the set and maybe bring it up to
speed in terms of completeness.
(4) Since I don't sell any of my sets (as of yet anyways), I make
compromises for myself in terms of color and size substitutions when
re-creating a set that I didn't buy MISB.



Message is in Reply To:
  The meaning of "Complete"
 
[FUT lugnet.market.theory] G'day folks, I've been thinking about this for quite a while so I figure it's probably a good discussion topic. I've bought many LEGO sets over the past little while, mostly from eBay. Probably somewhere handy to (...) (24 years ago, 15-Apr-01, to lugnet.market.auction, lugnet.market.buy-sell-trade, lugnet.market.theory)

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