There is more to this 1. What if you don’t sell all the parts of a set that you have parted out? 2. You need drawers, shelves or bags if you part out. 3. Time spend parting out and selling individual parts takes more time than selling sets. Time that if you send that at a job is income lost. 4. LEGO might release new versions of a set (Y-Wing) and so previous versions might not increase much or even drop in price on a now release.
Might do a follow up as these are valid points 1) that's why you should price accordingly. I had sealed sets that set on shelves forever. Get more regular sales with parts vs sealed sets 2) yes you do - it's an upfront cost. Infrastructure. It's not a reoccurring cost 3) time saved picking orders. Only takes minutes to pick and pack and ship most orders. My wife can do it or anyone else can be trained. Don't have to worry about having boxes, peanuts, or tons of bubble wrap stored to ship the sealed sets. 4) I've never understood that argument. Not sure what how a new release can affect the value of a discontinued set other than if actual rare parts were reprinted.
The issue with parting them out, is you have to sell every part to get the most. You sell the set and one shot you are done. I think I would part everything out unless I found sets that were all ready retired and good sets.
And you don't even have to keep a sealed set for that long. These days it's easy to ascertain when a current LEGO set is going to be discontinued, so you can pick them up during the clearance sales and then just wait as little as a year and sell them off at a profit. There's always sets just about to be discontinued.
GREAT VIDEO - so informative! Thank you so much. I don't sell now but may when I retire in a few years. #BAT has anything changed over the last few years, or do the lessons in this video still hold true? Has any set really surprised you since this video was filmed?
Yes in the long run you will get more money. But it is 1. Much harder to sell thousands of pieces like that. 2. It will take years to sell that many pieces unlike selling sealed sets where you leave it on bricklink for a month and then its sold.
With the rising popularity of bricklink over the last decade it’s way better to part out sets rather than holding onto dead stock for 5+ years. The joker bumper car from 2015 was the first polybag. *its the same*. I go into a department store looking for LEGO and I’m thinking oo I could sell that
the 1st proper polybag with complete is on from happy meal from mcdonalds it was in 1983. The previous polybags is hard to name polybags as of 2015 year. like a toy. In 1977 it was only spare parts.
+BrickTsar LEGO® Collector yes 1977 lego was in Australian macdonalds kids meals as well , it was where my lego started, as well as the cowboy lego of 1973
I would say #1121 was the first lego in a bag set back in 77, it was a service pack. The purpose of polybags are for promotion so I think the service packs do not qualify as I personally do not think that was their purpose. I would actually say the first promotional polybag is actually the one you showed #1912 from the year I was born :-D I have been back into Lego for a year so I have no idea if I am even close to the right answer but that is my thoughts. Thanks for this video, really helps!
the pet shop modular is still being sold at approx $150 on the Lego store as of 10/31/2015. it had a few shortages from Lego this year along with the Palace Cinema that could have caused the rise in the eBay price or sellers that think the set is out of production when it is still in production I've seen this with a few sealed Lego train sets along with a few other sets while they are still in production and in stock. shop.lego.com/en-US/Pet-Shop-10218
What do you use as a Part Out value? I can only get this price on BrickLink by creating a wanted list with the parts from the set and then Buy All, but that only gives me the current part out price, not the average from 6 months you seem to be using. Thanks for putting out all those videos with so much helpful information.
The price guide has the current average price and last 6 month average for all parts and pieces that are in the inventory. You don’t have to put it in a wanted list to see it. Just look up your part or set. Bookmark the link www.bricklink.com/catalogPG.asp
Thanks for putting this video together. A couple of observations ... 1) When you list the part out value, aren't you assuming that all the pieces will sell? I've seen large Bricklink stores claim that half their inventory is effectively dead inventory that won't sell unless discounted. How are you guaranteed that 100% of the parts will sell? 2) Parting out sets and filling orders is a very labor intensive process. Shouldn't you consider this when doing the comparison?
+Kilty O'Neal All good points. Good for an update. Sometimes parts do sit a while. I was actually surprised to see that most of the higher value parts from the set we parted out on video last week have already sold. If the price is right the higher value items could sell very quickly. But yes you can have slow selling or dead stock. Who buys friction pins? Planet spheres? Often those are penny items though. So I agree some additional clarification is needed. But I will say that I have more sales now with parts than I ever did with sealed sets, and I sold some classics over the last 15 years.
+BrickTsar LEGO® Collector do you sometimes buy the friends sets and part out for the death star and the star destroyer , to see how, in 10 years time when you part it out for that, 30 year anniversary of lego star wars , and everyone is asking , oh, brickstar has 30 death star sets all made out of friends lego hauls lol, but, people won't want the minfigures because they can buy them from others to build a super dooper 30 death star, sort, ( 4x2 and 2x3, and 2x1 and inverted slopes and roof tiles, - wen I think about the deathstar and the idea people build it for the prizoner cells and the space part and the throne room, and the galactic meeting, town hall meeting debates. . for a proper death star it is like building a large city. it has assembly areas, and a person building 3 death stars in 2019, will want to be able to do 3 at least. from just friends lego . or. the proper death star.. 100 stories tall with enough room to land the mellenuim falcon, proper dimentions would be 10 feet by 10 feet in a garage shed build www.hexapolis.com/2015/02/16/gargantuan-13-ft-high-lego-death-star-set-unveiled-legoland/ , actually, the first lego polybag would be the Japanese ones that you did . because in 1970, macdonalds did them, the 2 piece plane, the 3 piece boat, the 10 piece car
i have no clue what the 1st PolyBag was, but i'd assume it was probably some type of little seasonal set that they either sold around Christmas time 1 year or a promotional item they gave away if you spent a certain amount of money on other LEGO items.
Have you made any videos on minifigure prices? The value inside a sealed set vs loose figures? On eBay, Clone Trooper minifigures are always a hot commodity! An example would be the 501st Clone Trooper set 75280. I was going to buy that set for $30 and then I decided to go to eBay and buy a box of used Lego for $30. Inside that box of used Lego on eBay for $30 turn out to be the AT-AT 4483(no minifigures). I'm glad I didn't give in to my lust for those Clone Troopers at the Meijer store!
What people list stuff for sale and what it actually sells for are two distinct things. The people on Amazon, eBay, and even Bricklink often test the waters to see if people will bite on a high price. That's why you need to look at last 6 months sales average. Of course with a limited supply the price will go up. I once did a video of a vintage model maker set and so many people liked the car that they went to eBay and Bricklink and started buying them. This raised the price of the set. This is why I use watch lists. I had been trying to get Bau Mit for years - finally somebody listed it at a reasonable price. Same with many items. But it may indeed be hard to find it for the $215 now. Even the individual parts may be hard to find too though
Well, if you know one that is older, than you know the oldest. That's a trick, isn't it? Thanks to you, I know of service packs but I have no idea how old they are, and I don't think I would consider them a poly bag, because they were not sets. So I am going with that McDonalds bag you had because I remember getting that from McDonalds back in the good ole days.
From the Bricklink Price Guide: www.bricklink.com/catalogPG.asp This is the feature I use the most on Bricklink. Type in your set number and look at what things have sold for over the last 6 months
my definition of polybags, is a lego set that is not in a box. and the oldest polybag might just be a macdonalds toy. or something only employees could get and it was too expensive to put an box on it. I am tinking about, lik an old classic car or something.
+Mardigrasman23 I use to think Hero Factory type sets were the worst to part out - Chima Wins that battle for bad set value. Even LEGO tried giving them away - remember getting 3 free sets from one order.
Was looking at your store for aquanaut pieces or sets . I Was sad to see that you didn't like Canadiens enough to ship there😝 I know we're like your little annoying cousins and a very small country but ...you should get more orders in by shipping to Canada....well a bit more since we're so tiny😂 But start with Canada and work your way up to china one day👍 And watch the millions come in 😂😂
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Checkout more videos: ruclips.net/video/FTptK2b0S6Q/видео.html
There is more to this
1. What if you don’t sell all the parts of a set that you have parted out?
2. You need drawers, shelves or bags if you part out.
3. Time spend parting out and selling individual parts takes more time than selling sets. Time that if you send that at a job is income lost.
4. LEGO might release new versions of a set (Y-Wing) and so previous versions might not increase much or even drop in price on a now release.
Might do a follow up as these are valid points
1) that's why you should price accordingly. I had sealed sets that set on shelves forever. Get more regular sales with parts vs sealed sets
2) yes you do - it's an upfront cost. Infrastructure. It's not a reoccurring cost
3) time saved picking orders. Only takes minutes to pick and pack and ship most orders. My wife can do it or anyone else can be trained. Don't have to worry about having boxes, peanuts, or tons of bubble wrap stored to ship the sealed sets.
4) I've never understood that argument. Not sure what how a new release can affect the value of a discontinued set other than if actual rare parts were reprinted.
The issue with parting them out, is you have to sell every part to get the most. You sell the set and one shot you are done. I think I would part everything out unless I found sets that were all ready retired and good sets.
And you don't even have to keep a sealed set for that long. These days it's easy to ascertain when a current LEGO set is going to be discontinued, so you can pick them up during the clearance sales and then just wait as little as a year and sell them off at a profit. There's always sets just about to be discontinued.
GREAT VIDEO - so informative! Thank you so much. I don't sell now but may when I retire in a few years. #BAT has anything changed over the last few years, or do the lessons in this video still hold true? Has any set really surprised you since this video was filmed?
That is a great question! I should do a follow up.
Yes in the long run you will get more money. But it is 1. Much harder to sell thousands of pieces like that. 2. It will take years to sell that many pieces unlike selling sealed sets where you leave it on bricklink for a month and then its sold.
With the rising popularity of bricklink over the last decade it’s way better to part out sets rather than holding onto dead stock for 5+ years. The joker bumper car from 2015 was the first polybag. *its the same*. I go into a department store looking for LEGO and I’m thinking oo I could sell that
In 1983 4 Polybags came out as McDonald / Lego promotional pieces. 1919-1 , 1918-1 , 1917-2 and 1916-2. these are what I could find at least.
the 1st proper polybag with complete is on from happy meal from mcdonalds it was in 1983. The previous polybags is hard to name polybags as of 2015 year. like a toy. In 1977 it was only spare parts.
+Dima Lego FUN Yes - this is what I was thinking. I was trying to figure out which happy meal toy was in the 1st week.
+BrickTsar LEGO® Collector yes 1977 lego was in Australian macdonalds kids meals as well , it was where my lego started, as well as the cowboy lego of 1973
I think keeping it sealed I kept a twenty dollar sealed set for 1 year and it was worth seventy dollars the next year
Spinjitzu1234 im curious, which set? That's almost IMPOSSIBLE.
Thanks great video 👍👍👍👍👍👍👍👍
Thank you
That was fantastic your best BAT Joseph
+AusBricks 23 Thanks! Glad you like it
First polybag was with trees and fences I think
I would say #1121 was the first lego in a bag set back in 77, it was a service pack. The purpose of polybags are for promotion so I think the service packs do not qualify as I personally do not think that was their purpose. I would actually say the first promotional polybag is actually the one you showed #1912 from the year I was born :-D I have been back into Lego for a year so I have no idea if I am even close to the right answer but that is my thoughts. Thanks for this video, really helps!
+Ricks Bricks That was quicker than I expected - lol! But the set 1912 is a "Red Herring" _ you are thinking along the same line of thought I was
the pet shop modular is still being sold at approx $150 on the Lego store as of 10/31/2015. it had a few shortages from Lego this year along with the Palace Cinema that could have caused the rise in the eBay price or sellers that think the set is out of production when it is still in production I've seen this with a few sealed Lego train sets along with a few other sets while they are still in production and in stock.
shop.lego.com/en-US/Pet-Shop-10218
Watching this 5 years later and wondering if the maersk boat i saw on craigslist for $250 built is worth buying... Guess im gonna go check
What do you use as a Part Out value? I can only get this price on BrickLink by creating a wanted list with the parts from the set and then Buy All, but that only gives me the current part out price, not the average from 6 months you seem to be using.
Thanks for putting out all those videos with so much helpful information.
The price guide has the current average price and last 6 month average for all parts and pieces that are in the inventory. You don’t have to put it in a wanted list to see it. Just look up your part or set. Bookmark the link www.bricklink.com/catalogPG.asp
@@BrickTsar maybe I need new glasses, but I really cannot find that bit of information there. Can you make a video on that? Cheers
Thanks for putting this video together. A couple of observations ...
1) When you list the part out value, aren't you assuming that all the pieces will sell? I've seen large Bricklink stores claim that half their inventory is effectively dead inventory that won't sell unless discounted. How are you guaranteed that 100% of the parts will sell?
2) Parting out sets and filling orders is a very labor intensive process. Shouldn't you consider this when doing the comparison?
+Kilty O'Neal All good points. Good for an update. Sometimes parts do sit a while. I was actually surprised to see that most of the higher value parts from the set we parted out on video last week have already sold. If the price is right the higher value items could sell very quickly. But yes you can have slow selling or dead stock. Who buys friction pins? Planet spheres? Often those are penny items though. So I agree some additional clarification is needed. But I will say that I have more sales now with parts than I ever did with sealed sets, and I sold some classics over the last 15 years.
Incredible video, thanks!!!!!!
Death Star is still available!
+BrickTsar LEGO® Collector do you sometimes buy the friends sets and part out for the death star and the star destroyer , to see how, in 10 years time when you part it out for that, 30 year anniversary of lego star wars , and everyone is asking , oh, brickstar has 30 death star sets all made out of friends lego hauls lol, but, people won't want the minfigures because they can buy them from others to build a super dooper 30 death star, sort, ( 4x2 and 2x3, and 2x1 and inverted slopes and roof tiles, - wen I think about the deathstar and the idea people build it for the prizoner cells and the space part and the throne room, and the galactic meeting, town hall meeting debates. . for a proper death star it is like building a large city. it has assembly areas, and a person building 3 death stars in 2019, will want to be able to do 3 at least. from just friends lego . or. the proper death star.. 100 stories tall with enough room to land the mellenuim falcon, proper dimentions would be 10 feet by 10 feet in a garage shed build www.hexapolis.com/2015/02/16/gargantuan-13-ft-high-lego-death-star-set-unveiled-legoland/ , actually, the first lego polybag would be the Japanese ones that you did . because in 1970, macdonalds did them, the 2 piece plane, the 3 piece boat, the 10 piece car
i have no clue what the 1st PolyBag was, but i'd assume it was probably some type of little seasonal set that they either sold around Christmas time 1 year or a promotional item they gave away if you spent a certain amount of money on other LEGO items.
Hey Brick Tsar, how/where are you finding those part out values from? Thanks!
The Pet Shop is still available from Lego for $150. That makes parting out an even better deal.
Have you made any videos on minifigure prices? The value inside a sealed set vs loose figures? On eBay, Clone Trooper minifigures are always a hot commodity! An example would be the 501st Clone Trooper set 75280. I was going to buy that set for $30 and then I decided to go to eBay and buy a box of used Lego for $30. Inside that box of used Lego on eBay for $30 turn out to be the AT-AT 4483(no minifigures). I'm glad I didn't give in to my lust for those Clone Troopers at the Meijer store!
I have been thinking about parting out and selling sets to build up my clone army.
I am not sure whether to splash the cash on two death stars on Black Friday? Any advice? This would be to keep for a long time not part out.
+BrickTsar I would go with set 1548 Helicopter in the McDonald's Promotional Set in 1985
#1831 I cannot find sealed for below 600 dollars. Where can you find it for 215?
What people list stuff for sale and what it actually sells for are two distinct things. The people on Amazon, eBay, and even Bricklink often test the waters to see if people will bite on a high price. That's why you need to look at last 6 months sales average. Of course with a limited supply the price will go up. I once did a video of a vintage model maker set and so many people liked the car that they went to eBay and Bricklink and started buying them. This raised the price of the set. This is why I use watch lists. I had been trying to get Bau Mit for years - finally somebody listed it at a reasonable price. Same with many items. But it may indeed be hard to find it for the $215 now. Even the individual parts may be hard to find too though
I'm growing my Bricklink store, so I look for part out value unless it's going to be a quick flip.
set 1458 maybe ? i have it its a helicopter from 1985
BAT do you plan on getting the promotional set 4002015 Brokum Riffgrund 1
I would like to but probably will be hard to get
well now I know to buy parts for poly bags instead of the actual bag..
Time to do some more parting out! Bye :-D
Great informative video!
Someone needs to make a lego sorter
The best LEGO sorter ever made - human hands. lol
I saw something about that on brick slayers channel. It wasn't his design, he was just showing it.
18:54 I paused the video to answer. Wow that's cool, Wow, that's overpriced, Wow, I think I will get it on clearance, LOL
I thought a sealed vintage set would cost more if you were to part it out. How does that work?
Im getting a sealed maersk set for 5x lower then its price now
Subtitles turnt "Death Star" into "desk drawer"
Lol
Even scarier......
Well, if you know one that is older, than you know the oldest. That's a trick, isn't it? Thanks to you, I know of service packs but I have no idea how old they are, and I don't think I would consider them a poly bag, because they were not sets. So I am going with that McDonalds bag you had because I remember getting that from McDonalds back in the good ole days.
Where do you get the part out values?
From the Bricklink Price Guide: www.bricklink.com/catalogPG.asp
This is the feature I use the most on Bricklink. Type in your set number and look at what things have sold for over the last 6 months
BrickTsar awesome. Thank you.
how do you get the part out value on bricklink?
my definition of polybags, is a lego set that is not in a box. and the oldest polybag might just be a macdonalds toy. or something only employees could get and it was too expensive to put an box on it. I am tinking about, lik an old classic car or something.
Who buys the parted out parts? And why?
People on Bricklink - thousands of people for their MOCs and sets
Cool
Do you come up with the concept of this video just as an excuse to use the grease board?
+Mardigrasman23 I think you are in my mind now. Scary.
Chima dosnt keep its value
I think Chima may be the exception to all rules. Just don't buy them
+Mardigrasman23 I use to think Hero Factory type sets were the worst to part out - Chima Wins that battle for bad set value. Even LEGO tried giving them away - remember getting 3 free sets from one order.
+BrickTsar LEGO® Collector I think the Bat Pod moved Hero Factory up on the list
Dude this is the 1st time i've seen your face. You remind me of Ranjit, the cab driver from How i Met Your Mother.
Was looking at your store for aquanaut pieces or sets .
I Was sad to see that you didn't like Canadiens enough to ship there😝
I know we're like your little annoying cousins and a very small country but ...you should get more orders in by shipping to Canada....well a bit more since we're so tiny😂
But start with Canada and work your way up to china one day👍
And watch the millions come in 😂😂
hi bricktsar plz reply
+John Banh hi thanks for watching
+BrickTsar LEGO® Collector which is the most expensive lego piece ?
Sup