Lego is a great item to sell on eBay. It’s one of the most popular toys and it’s been around for a long time so there are a lot of Lego bricks out there. Lego is expensive to buy new and there are many enthusiastic Lego collectors.
Always buy Lego when you see it at garage sales,
rummage sales and thrift stores. Buy complete sets, opened boxes,
mixed lots and Bionicles. Especially buy Lego Technics (the robotics
components) because these are very expensive and sought after by
enthusiasts. If you’re at garage sales and you spot teenage children
around, ask them if they have any Lego they want to sell. A few times
this has resulted in a teenage boy going into their house and returning
with a large tote of legos. Also, check on Craiglist regularly to see
if any Lego is posted for sale.
If you buy a Lego set and want to
check if it’s complete, a great site is www.peeron.com. If you enter
the item number, it will give the year of manufacture, a complete
inventory of all the pieces in the set and sometimes assembly
instructions which can be downloaded. If there are just a couple of
pieces missing, you might want to think about replacing them. Used Lego
sets generally sell for 70% - 90% of the original retail price (although
some vintage sets can sell for 200% and up). The electrified train
sets, pirates, castle, and Star Wars are especially sought after. If
it’s a large set and you don’t want to spend the time doing an
inventory, you can just stockpile the pieces to sell later.
brings me on to selling mixed bulk lots of Lego. Generally, I like to
sell items that don’t require a lot of effort to list and re-sell, but
large Lego lots are an exception. If you take the time and effort to
pre-sort the lot, your return on investment is going to be many times
more than it would have been otherwise. Here are the steps for listing a
large lot of Lego:
1) Remove anything that isn’t Lego from the
box.This can be easy if we’re talking about a few stray Lincoln logs and
Playmobil people. It’s a lot trickier if the previous owner mixed their
Mega Blocks in with the Lego. Just remember that almost all Lego pieces
are marked “Lego” on them somewhere. If you do this, you can put “100%
Lego” in your title. Other good key words are “bulk “ or “large lot”
Separate all the minifigure people, assemble them and photograph them
separately. Identify the number and kind of minifig (Stars, Knight,
Harry Potter etc.) in your eBay title as this helps buyers identify the
kinds of blocks which are likely to be in the lot. A good eBay title
might be “30+ lbs 100% LEGO Bulk Vintage Lot Star Wars 50 minifigs”.
Note that not all of the minifigs would have to be Star Wars in this
lot, just some of them.
3) For bulk lots, start the bidding at
$9.99. This will guarantee that you get plenty of bidders. You can
expect to get around $6-$7 per pound plus $1 for each minifigure, although
some minifigures are worth more ($2-$3 for Western, Space and Pirate,
and $4 and up for Star Wars). A 30 lbs lot of Lego with 50 minifigures
will sell for at least $230. I’ve sold bulk Lego lots for over $450.
Good luck, and keep looking for that hollow gold!