Used Tuesdays - Second Lot

My second used lot came as sort of an accident. My sister-in-law has a friend who was going to put their 23# LEGO collection in a garage sale. My sister-in-law sent me many pictures to ask how it should be priced. I studied through and saw several key pieces that intrigued me. After looking up the potential sets on Bricklink I went ahead and made a generous offer of $10 per pound. In retrospect I realize that I was setting a precedent. I'll have to be more clear in the future that that price was for clean pieces with no junk.

And there was very little junk! Only a handful of Knex. I started with some key parts to figure out what could be in there. I then sorted by piece type and started reassembling. Imagine how pleased I was that most of a UCS TIE Interceptor was in there! No stickered plaque or instruction book, which is fine for myself. If I ever want to sell it I'll need the plaque at a minimum. It was also missing the dark grey cockpit, a hefty piece. Where the 6 month average on Bricklink hovers around $30, I was able to score one for $22 in beautiful shape.


There were several Harry Potter sets too. Some had a low value per pound, others were higher. I decided to piece together Dumbledore's Office and the Knight Bus. The latter one was a mistake. I saw that it was missing about 40 pieces out of 236. I didn't think too much of it and built a wanted list. Only after I got halfway through completing that list did I realize how expensive many of the missing pieces were. Nothing over a buck each but when you're piecing together a $45 set to sell and you need to spend $25 to complete it, that shows a poor return. I would have been better off selling the parts I had on hand.

The other big problem with this lot was the lack of minifigs. I found most of them were missing and when the lot is primarily Star Wars and Harry Potter, the licensing upcharge can be a bear. I inquired about any other minifigs and got a bag of about half a dozen a week later.

Lessons learned:

  • Parting out the remains of a set can be more profitable than piecing one together
  • Licensed minifigs are expensive. Check for them before making a generous offer
  • Some people have really clean collections!

New Installment - Used Tuesdays

It's been about last July since I stopped posting. Sorry about that. I became so overrun with work that I could no longer keep up on non-income producing activities. Like this blog, sad but true. But I've got a bit of a slow down right now, enough to start an occasional new topic I like to call Used Tuesdays.

As you may (or should) have read in my amazing ebook, Insider Secrets to Funding Your LEGO Hobby, I sell new parts on Bricklink, almost exclusively. But that's slowly been changing. I'm not giving up new, just adding a bit more used into the mix. Here are some lessons I've learned so far.

My first used lot was donated from a good friend. I was mentioning that I would be teaching after school LEGO classes and needed to find a nice lot on Craigslist to use. Her kids were grown and out of the house and she offered her old LEGO. It was 42# but ended up containing at least 10# of off-brand and non-LEGO items. There were quite a few classic sets in there and with her permission I reassembled some to sell to help pay for extra materials for the class. All sets were missing pieces, most were older looking and worn. A few were in good enough condition to put in my Bricklink store, the rest will become BRIX Museum pieces.

I used this lot to teach a couple of terms of after school classes for kids. It worked pretty well, the kids improvised with older pieces just fine. When it came time for the ramp race it was immediately apparent that wheels were lacking, and I hadn't pulled any out to complete older sets. I'll continue to use this lot for classes and such but I obviously need to add some wheels and other pieces. I've thrown some of my own older pieces in too.

Lessons learned:

  • Even self proclaimed LEGO fans may not always consider Mega Blocks as off limits.
  • Even if all the parts are there to complete a set, the condition of pieces may not be suitable.
  • Those couple of missing pieces could be worth half the amount of the set itself.

A LEGO Museum? BRIX is coming!

While the LEGO Group is busy finishing up their new Idea House in Billund, I've been busy with my own idea. After years of dreaming and planning, I'm getting ready to bring a LEGO Museum to the Portland, OR market!

BRIX will offer everything LEGO that you could ever think of under one roof. There will be interactive history exhibits, art pieces, classes and camps, a gift shop with unique items and plans are already underway for future expansions when we are ready.

 Early concept drawing
Early concept drawing, BRIX Museum

We have some funding secured already but you can help us! Click here to read more and pledge your support. Then, tell all your friends about this amazing opportunity. We appreciate all the Facebook, Twitter, LinkedIn, Pinterest and media coverage we can get.

Thanks and we look forward to seeing you at our #brixmuseum grand opening!