Flipping LEGOs for Cold Hard Cash! And Some Pitfalls to Avoid

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Over the last few days I've been back digging through some more old LEGOs to get them put up for sale. I usually try to work through at least some of them once or twice a week, but there are times when I just don't have time. I know there are some people who turn LEGO sales into their full time job and list them for sale all over the internet, but that would drive me insane. You won't ever see me doing that!

Before we jump into my LEGOs today, I always like to share some of the most expensive LEGOs that you can own. Believe it or not there a mini-figure carved from wood that's worth over $100,000 and was used in a LEGO movie. But today's special mini-figure is made of solid 18K white gold. This R2-D2 was produced in 2018 and part of a giveaway, and only one was ever made. If you happened to be the lucky winner of this tiny piece of molded gold, it's worth around $39,000!

minifigpriceguide.com

minifigpriceguide.com

As a collector of silver and gold this would have been right up my alley. But would I be willing to pay that kind of crazy money for this one figure, no! I could buy some extremely rare gold shipwreck treasure for far less money, and I would definitely appreciate it more. However, if I had won this for free I sure wouldn't have been complaining!

Moving onto my pictures of the day. Today I have some Harry Potter items I'm finally getting around to listing. Harry Potter LEGOs have not ever been really lucky for me as far as sales go. I picked up a bag of some mini-figures awhile back and decided to finally do something to get rid of them.

I'll be selling these mini-figures in Quidditch uniforms along with a couple of brooms as a set. The Harry Potter is of course cracked, making it hard to sell by itself. But as a group, maybe? I'll soon find out! I'll ask $12 and the first offer of $7 or more and it's out the door. I think I only paid $5 for these and it came with lot of bits and pieces that will part out for about 4 times what I paid. A profit is a profit, although next time I would pass on Harry Potter stuff.

Harry and Ron came in there too, I'll throw them together for maybe $5, I may get lucky!

Now for some pitfalls to avoid when buying LEGO's in thrift stores...

While General Grievous may have been a cool character from the Star Wars saga, this one was a bad bet. It came in one of the bins I purchased sometime back. However, it's missing his head. Normally replacing a head is inexpensive and worth while, but in this case the new head would cost around $15 and if I'm lucky he would sell complete for $20. Then the killer in the equation is you have to pay shipping on the part and you end up losing money. I will probably just throw this up for $5 and see if I can find someone willing to pay that much for it.

This figure came with no hands, and there is a reason for it. Look at his arm with a big crack, the hand likely fell out after the break. Also take a look at the crack in the torso as well. This mini-figure is only worth what someone will pay for the unbroken parts, and often it's not worth the effort. I have some bins with these kinds of odds and ends that might prove useful on another figure down the road. Otherwise it's worthless plastic...

Another example of hand loss with an arm crack. Our little orange friend here isn't worth much anyway, but with a broken arm will likely end up in the parts bin.

This one is a little hard to see, but if you look closely at the back it is cracked on both sides. Definitely only good for part like the head and legs... He also is missing hands, adding insult to injury...

And sometimes you find Mega Blocks in with your LEGO's. This is an incomplete Halo build missing shoulder armor on it's left side and it's weapon. With those it's worth maybe twenty dollars, but as is the first person that offers me five dollars I will scream "sold!" Replacing these parts won't be cheap.

Another Mega Blocks Halo piece, and empty shell that I might get two or three dollars from if I'm lucky. It came in a bin of other LEGOs so if it sells it's a bonus, but often the auction site's selling fee makes it not worth the effort to sell. This may be sitting around for a long while until I have nothing better to list!

So those are some of the current LEGOs I've been working on, but I have several sets to sort out still. Mini-figures are often easy to sell so I focus on them first. I really can't complain because I've made money on almost all of the items I've bought this year. But while shopping for LEGOs in the thrift store bring along a small magnifier and look closely at the arms and torsos to make sure they aren't cracked. Broken or incomplete items can really cut into your profit margin!

That will wrap up my post for the day today. I hope you enjoyed seeing that awesome white gold R2-D2, I've got to find about those kind of LEGO giveaways in advance. I think you have to subscribe to their "club" to receive their magazine every month, so that's not going to happen. Those thrift stores continue to have all sorts of LEGO plastic gold, so don't to forget to check the toys while you're there. Thanks for stopping by and for all of your support everyone, have a great day!

Disclaimer:

I am not a financial advisor and this is not financial advice. Please do your own research before investing your hard earned money in any project or commodity.

All pictures are mine unless otherwise indicated

Header created with ideogram.ai

References:

https://brickfact.com/blog/lists/the-top-10-most-expensive-lego-minifigures-ever

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