Subject:
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Re: Supply and demand
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Newsgroups:
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lugnet.market.theory
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Date:
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Tue, 14 Dec 1999 16:35:19 GMT
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Viewed:
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446 times
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In lugnet.market.theory, Frank Filz writes:
> If they re-released some of the higher ticket old sets, prices on those would
> plumet, and they would gain a ton of sales, including sales from people who
> will never pay the price for the old sets (I doubt I will ever pay $400 for a
> 4558 for example). This is not to say that I see anything wrong with people
> selling old sets for proffits like this. If the set doesn't have enough
> supply to meet the demand, fine, but don't tell TLC they shouldn't do
> something about the demand. Note also that re-releasing say a grey
> version of 375/6075 would cause the price on the original yellow version
> to plumet.
Hmm. I agree that re-releasing old sets would make the bottom drop out of the
reseller market, but I don't necessarily think that it would mean LEGO would
suddenly sell gazillions of them. I mean, we all hunt dilligently for the
sale, right?
If, as an example, LEGO rereleased 6067 Guarded Inn, I would buy one so fast
it would make my head spin. But I wouldn't buy any more unless it hit a good
discount. By the same token, if LEGO rereleased 4558 Metroliner, I'd look at
it, think "neat Train set" and put it back on the shelf, unless it was a
ridiculous discount. If I was the first to see it, I'd let people know I'd
seen it.
Contrast that to my seeing 6067 or 4558 on a store shelf now - I'd buy every
single copy I saw, because I *know* I'll at least get my money back.
I'd love to see LEGO rerelease old sets, for the nostalgia value if nothing
else. I'd buy things that reminded me of my childhood, sure. But I'd buy 1.
After that it becomes a parts pack, just like every other set on the shelf.
YMMV
James
http://www.shades-of-night.com/lego/
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Message has 2 Replies:
 | | Re: Supply and demand
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| (...) My mother is a antique/collectable dealer. Many porcelain manufactures occasionally re-release older models (from the original molds) and date them accordingly. These have the effect of actually increasing the price of the original, as Joe (...) (25 years ago, 14-Dec-99, to lugnet.market.theory)
| | | Re: Supply and demand
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| (...) Honestly, I don't think LEGO will re-release old sets... Most people won't know that "set A" on the shelf is actually "4558 from 1991." Therefore, there's not much of a point for LEGO to do something like that. There may be others, but is 2150 (...) (25 years ago, 14-Dec-99, to lugnet.market.theory)
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Message is in Reply To:
| | Re: Supply and demand
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| (...) Garage sale prices should NEVER be assumed to have anything to do with the true "value". The value is always what people will pay for an item, given reasonably complete knowledge of the market. eBay prices are perhaps some of the closest to (...) (25 years ago, 14-Dec-99, to lugnet.market.theory)
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