8 Best Places To Sell Old Legos To Make Extra Money
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8 Best Places To Sell Old Legos To Make Extra Money
Are you looking to declutter your home or make some extra cash? Selling your old Legos is a smart move. There are many online and local places to sell them, but it can be hard to know where to start.
Whether you’re a seasoned Lego collector or just want to get rid of some toys, we’ve got you covered. Our guide will show you the best places to sell your old Legos. We’ll also give you tips on how to get the best price for your items.
Key Takeaways
- Discover the most profitable online marketplaces for Lego selling
- Learn how to price your Legos for maximum profit
- Explore local selling options for your Lego collection
- Understand the benefits of using different Lego marketplaces
- Get tips on how to present your Legos for sale
Why Selling Old Legos Can Be Profitable
Selling old Legos can be a good way to make money because they are in high demand. The Lego brand has become very popular over time. Many of its sets are now highly sought after by collectors and fans.
The Growing Collectible Market for Legos
The market for Lego collectibles has grown a lot. This is because of nostalgia, the brand’s ongoing innovation, and the limited availability of some sets. Lego collectibles are now a key part of many toy collections. Rare and unique sets can sell for a lot of money.
Value Retention and Appreciation of Lego Sets
One reason selling old Legos is profitable is because they often keep or even increase in value. Certain Lego sets, like rare or limited edition ones, can become more valuable as they become harder to find. This value retention makes Legos a good investment for some collectors.
By recognizing the chance to make money from old Legos, people can turn their unused toys into valuable items. Whether you’re cleaning out your space or trying to make money off the Lego trend, knowing the market and your Legos’ value is key.
How to Prepare Your Legos for Selling
To get the most out of your Lego collection, proper preparation is key. Before listing your Legos for sale, sort and organize them. Clean the bricks to make them presentable. Also, identify the valuable sets and pieces.
Sorting and Organizing Your Collection
Sorting your Legos is the first step. Start by categorizing your bricks by type, such as color, theme, or piece type. This makes it easier for buyers to navigate your collection.
Tips for Sorting:
- Use a systematic approach to categorize your Legos.
- Keep rare or unique pieces separate and easily accessible.
- Consider using a Lego sorting tray or divider for smaller pieces.
Cleaning Methods for Lego Bricks
Cleaning your Lego bricks can make them more appealing to buyers. The best method is to use mild soap and warm water. Avoid harsh chemicals or abrasive materials that could damage the bricks.
Step-by-Step Cleaning Guide:
- Soak the Lego bricks in a mixture of mild soap and warm water.
- Gently scrub the bricks with a soft-bristled brush.
- Rinse thoroughly with clean water.
- Dry the bricks with a soft cloth.
Identifying Valuable Sets and Pieces
Identifying valuable sets and pieces is key for maximizing profits. Research your Legos using online marketplaces like BrickLink or eBay. Look for rare or retired sets, unique pieces, or those in high demand.
Valuable Lego Sets | Characteristics | Average Price |
---|---|---|
Retired Sets | No longer in production | $100-$1000+ |
Rare Minifigures | Limited production run | $50-$500+ |
Unique Pieces | Hard to find or one-of-a-kind | $20-$200+ |
By following these steps, you’ll be able to prepare your Legos for sale effectively. This makes them more attractive to buyers and maximizes your profits.
Factors That Affect the Value of Used Legos
Several factors influence the worth of your used Lego collection. Knowing these factors is key to pricing your Legos right and getting the best return.
Condition and Completeness
The state and completeness of your Lego sets greatly affect their value. Complete sets in good condition are usually more valuable. Buyers are willing to pay more for sets that are well-preserved and have all original pieces.
Rarity and Collectibility
Rarity and collectibility are major factors in Lego value. Limited edition sets or those hard to find are more valuable. Lego sets from popular themes or with unique elements also fetch higher prices.
Original Packaging and Instructions
Having the original packaging and instructions boosts your Legos’ value. Collectors often seek complete sets with their original packaging, making these elements highly valuable.
Age and Theme Popularity
The age and theme popularity of your Legos also matter. Older sets in good condition can be very valuable, even more so if they’re from a popular theme. Themes like Star Wars, Harry Potter, or classic town and space sets tend to hold their value well.
As a Lego enthusiast and collector, “The value of Legos lies not just in their monetary worth but in the joy they bring to collectors and builders alike.”
Understanding what affects Lego value can help you make smart decisions when selling your used Legos.
Complete Sets vs. Individual Pieces: What Sells Better
To get the most from your Lego collection, it’s key to know if selling complete sets or individual pieces is better. Each method has its pros and cons, based on the sets you have and what people want.
Selling complete Lego sets can be good if they’re rare, in great shape, or very wanted by collectors. Complete sets often get higher prices because they appeal to those who want to display or play with them as they were meant to be. Plus, selling complete sets can save time compared to sorting and listing individual pieces.
When to Keep Sets Together
It’s smart to keep Lego sets together if they’re part of a popular theme or series, or if they have rare or unique pieces. Sets that are sealed or in their original packaging can also get more money because of their condition and completeness. Selling a group of complete sets from the same theme can also attract buyers who want a full collection.
When to Part Out Sets for Maximum Value
But, breaking down sets into individual pieces or smaller lots can be more profitable in some cases. For example, if a set has parts or minifigures that are very sought after, selling them separately can bring in more money. Parting out sets is also wise if the set itself isn’t rare but has valuable parts. You can sell these pieces on sites like BrickLink or eBay to fans looking for specific parts.
In the end, whether to sell complete Lego sets or individual pieces depends on your collection and what’s in demand. Knowing your audience and the value of your Legos helps you make smart choices to increase your earnings.
8 Best Places To Sell Old Legos To Make Extra Money
The Lego community is booming, and selling your old Legos can be a great way to earn extra cash. It’s perfect for decluttering, funding a new hobby, or just making money. There are many platforms and strategies to explore.
Overview of Online and Offline Selling Options
When selling your old Legos, you have many choices. You can sell online or offline. Online platforms let you sell from home, reaching many people. Offline options let you meet local buyers and collectors.
Online sites like eBay, BrickLink, and Facebook Marketplace are favorites among Lego fans. They let you list your items with photos and descriptions, attracting lots of buyers.
Offline, you can sell at yard sales, flea markets, or local groups. This way, you can show your Legos in person. Buyers can see the condition and quality up close.
- Online marketplaces: eBay, BrickLink, Facebook Marketplace
- Offline options: yard sales, flea markets, local collector groups
Knowing the different selling options helps you pick the best ones for you. This way, you can sell your old Legos for a good price.
1. eBay – The Largest Marketplace
eBay is a top spot for selling Legos. It has a huge user base and great tools for sellers. This makes it perfect for turning your Lego collection into cash.
How to Set Up an eBay Listing for Legos
To sell on eBay, create a listing that highlights your Legos well. Start by taking clear, well-lit photos from different angles. Include detailed info about the condition and any missing parts in your description. Good descriptions and photos are key to attracting buyers and building trust.
You can list items at a fixed price or through an auction. Auctions can raise prices for rare Legos. But, fixed prices might be better for common items. Use eBay’s promoted listings to get more views.
Fee Structure and Payment Options
eBay charges fees for selling, like insertion and final value fees. The final value fee for Legos is 8% to 12.5%. eBay offers PayPal, credit cards, and more for payment. Knowing these fees helps you price your Legos right and make a profit.
Fee Type | Description | Rate |
---|---|---|
Insertion Fee | Fee for listing an item | $0.30 per listing |
Final Value Fee | Percentage of the sale price | 8% to 12.5% |
Tips for Successful eBay Lego Sales
To do well on eBay, focus on great customer service and quick shipping. Offer free shipping or discounts for bulk orders. Use eBay’s tools and analytics to improve your listings and sales.
Keep up with Lego trends and prices to price items right. Join eBay’s Lego community for tips and insights. This can help you sell more.
2. BrickLink – The Specialized Lego Marketplace
BrickLink is a top spot for buying and selling Legos. It has a big community of Lego fans. Here, sellers can list their items, meet buyers, and make deals easily.
Setting Up a BrickLink Store
To sell on BrickLink, you first need to set up a store. You’ll create an account, check your email, and share some basic info. After your account is ready, you can start listing your Legos.
Listing your items means telling about their condition, rarity, and more. BrickLink lets you organize your items by category. This makes it easier for buyers to find what they need.
Key steps in setting up your BrickLink store include:
- Creating a detailed profile
- Listing your items with full descriptions
- Setting prices that match the market
Pricing Strategies on BrickLink
Getting your Lego prices right is key to attracting buyers. On BrickLink, you can look at what others have sold for. Think about the item’s condition, rarity, and demand when setting your prices.
BrickLink also lets you negotiate prices. Some buyers might pay your asking price, while others might try to haggle. Being open to reasonable offers can help you sell faster.
Advantages for Serious Lego Sellers
BrickLink is great for serious Lego sellers. It’s a specialized site that draws in Lego buyers. This means you’re more likely to sell your items quickly and for a good price.
BrickLink also has features like listing big inventories and reaching a specific audience. This makes it perfect for selling lots of items or rare pieces.
The benefits of using BrickLink include:
- A dedicated community of Lego enthusiasts
- Advanced tools for listing and managing inventory
- Chances for competitive pricing and negotiation
3. Facebook Marketplace and Lego Groups
Looking to sell your Legos without shipping? Facebook Marketplace and Lego groups are great options. They let you connect with local buyers and fans, making sales easier and cheaper.
Finding Local Buyers Without Shipping
Facebook Marketplace is perfect for finding local buyers. Start by searching for “Lego” or specific sets in your area. Joining local groups or forums can also help you find buyers. This way, you avoid shipping costs and make sales faster.
To sell well, remember to:
- Post clear photos of your Legos
- Describe them well, including any damage
- Price them competitively
Safety Tips for In-Person Sales
When selling in person, safety is key. Here are some tips:
- Meet in a public place
- Inform someone about your meeting
- Check the buyer’s payment first
These steps help ensure a safe and successful sale.
Specialized Lego Buy/Sell Groups
Joining Lego groups on Facebook can help you reach more people. These groups focus on buying, selling, and trading Legos. They have thousands of members. To get the most from these groups:
- Follow the group’s rules
- Post detailed listings with photos
- Engage with the community
A table comparing Facebook Marketplace and Lego groups is below:
Platform | Benefits | Drawbacks |
---|---|---|
Facebook Marketplace | Local sales, no shipping hassle | Limited to local buyers |
Specialized Lego Groups | Targeted audience, community engagement | May require membership approval |
Using Facebook Marketplace and Lego groups can help you sell your Legos fast and efficiently. These platforms are great for selling your collection or making extra money. They make it easy to connect with buyers.
4. Brick Owl – Alternative to BrickLink
Brick Owl is a big name in the Lego world, right up there with BrickLink. It’s a marketplace made just for Lego fans and sellers. It has tools and features that meet their needs.
Listing Process and Store Setup
Starting a store on Brick Owl is easy. Sellers can list their Lego items, like sets, minifigures, and parts. They can add detailed descriptions and organize items well, helping buyers find what they need.
Key steps in the listing process include:
- Creating an account and setting up a store
- Uploading high-quality photos of the Lego items
- Writing detailed descriptions, including condition and any flaws
- Setting competitive prices based on market trends
Fee Structure Comparison
Brick Owl’s fees are competitive with other Lego sites. Sellers need to know the costs of listing and selling here. Comparing with BrickLink and others helps find the best deal.
For example: Brick Owl might take a commission on sales. There could also be extra fees for listing upgrades or promotional services.
Target Audience and Best Practices
The audience on Brick Owl is serious Lego fans. To do well, sellers should use the right keywords, offer great service, and keep their inventory accurate.
By knowing what Brick Owl’s community wants and following best practices, sellers can boost their sales. This makes Brick Owl a great place to sell Legos.
5. Reddit’s r/Legomarket and Other Forums
The r/Legomarket subreddit is a top spot for making money from Lego collections. It’s a community where people buy, sell, and trade Lego sets. This makes it perfect for sellers to find buyers.
Community Rules and Etiquette
Before you post on r/Legomarket, learn the subreddit’s rules. These cover things like pricing, how to post, and how to talk to others. Important rules include:
- Clear and accurate item descriptions
- Transparent prices and payment terms
- Respectful talks with buyers
Following these rules builds trust and boosts your chances of selling.
Building Reputation as a Seller
Having a good reputation on r/Legomarket is essential for success. You can do this by:
Strategy | Description |
---|---|
Accurate Listings | Make sure your posts are detailed and accurate, with clear photos and descriptions. |
Prompt Communication | Answer quickly to buyer inquiries and messages. |
Reliable Shipping | Ship items securely and fast after payment. |
By using these strategies, you can earn a solid reputation and get more customers.
Payment and Shipping Considerations
When selling on r/Legomarket, think about how you’ll handle payments and shipping. PayPal and credit cards are common payment methods. Use strong packaging for shipping to keep Lego sets safe. Also, consider tracked shipping to make buyers feel secure.
By following the community’s rules, building a good reputation, and managing payments and shipping well, you can sell your Lego collections successfully on r/Legomarket and other forums.
6. Brick Recycler and Buyback Programs
Lego fans can now declutter their collections with Brick Recycler and buyback programs. These services make it easy to get rid of unwanted Legos. They also help make the Lego world more sustainable.
The Lego Store’s Brick Recycling Program
The official Lego Store has a Brick Recycling program. It lets customers recycle their used Lego bricks. This program helps reuse Lego pieces, cutting down on waste and supporting new creations.
Third-Party Buyback Services
There are also third-party services for buying back Legos. These platforms let fans sell or trade their used sets. It’s a great way to clear out your collection and make some money.
Environmental Benefits of Recycling
Lego recycling is very good for the environment. It reduces plastic waste in landfills and oceans. Recycling also saves resources and cuts down on the need for new plastic, lowering carbon emissions.
By recycling and using buyback programs, we make our Lego hobby greener. As the Lego community grows, we need to keep our practices sustainable. This benefits both fans and the planet.
7. Local Options: Yard Sales, Flea Markets, and Consignment
If you want to sell your Legos in person, think about local shops and collector groups. These places offer a personal touch and can lead to quicker sales than online sites.
Setting Up an Attractive Display
At yard sales or flea markets, how you display your Legos matters a lot. Organize them neatly and make them easy to see. Use tables, bins, or cases to show off your items.
Group your Legos by theme, color, or type. This helps buyers find what they need quickly.
Pricing Strategies for In-Person Sales
Setting the right price for your Legos is key for in-person sales. Look at what similar items sell for at local shops or online. This will help you price your Legos right.
Start with lower prices to draw in more buyers. Be ready to talk about the price.
Lego Set | Condition | Price |
---|---|---|
Star Wars Millennium Falcon | Mint Condition | $250 |
Harry Potter Hogwarts Castle | Used | $180 |
City Police Car | New | $50 |
Finding Local Collector Groups
Joining local collector groups or toy clubs is a smart move. These groups have meetings, events, or online forums to show off your Legos. You can also share about your items on social media or local classifieds.
By using local sales and showing your Legos well, you can sell your collection and earn extra cash.
8. Specialized Lego Resellers and Pawn Shops
Looking to sell your Lego collection fast? Check out specialized Lego resellers or pawn shops. They offer quick sales with immediate payment. This is great if you need cash fast or don’t want to deal with online selling.
Brick and Mortar Stores That Buy Legos
Specialized Lego resellers and pawn shops know their stuff. They have staff who can tell you how much your Legos are worth. To find these places, search online for “Lego resellers near me” or ask local collector groups for tips.
Stores like second-hand toy stores and collector shops might buy Legos. It’s smart to call first to make sure they’re interested in buying.
Negotiation Tips for Best Prices
Negotiation is key when selling to resellers or pawn shops. Be prepared by researching your Legos’ value. This knowledge helps you negotiate better prices.
- Be knowledgeable about your Lego sets
- Highlight rare or unique pieces
- Be open to reasonable offers
When to Choose This Option
Selling to resellers or pawn shops is best for quick cash or easy sales. It’s also good if you’re not into online selling or have a small collection.
In short, resellers and pawn shops are a quick and easy way to sell your Legos. Knowing how to find them, negotiate, and when to use this option helps you make a smart choice.
Tips for Maximizing Your Lego Selling Profits
To make more money selling Legos, pay attention to details. This includes how you take photos and write descriptions. It’s key to use strategies that make your items stand out to buyers.
Photography Best Practices
Good photos are vital for showing off your Legos. Here are some tips:
- Use natural light to highlight your Lego’s details.
- Take clear, high-quality photos from different angles.
- Use a plain background to make your Legos pop.
- Show any flaws or damage to be honest and build trust.
Writing Effective Descriptions
Your descriptions should be detailed and accurate. They should give buyers all the info they need. Include:
- The name and number of the Lego set.
- A detailed description of the condition, including any flaws.
- Whether the set is complete or missing pieces.
- Any additional parts or accessories included.
Using relevant keywords in your descriptions can also help your items appear in search results.
Timing Your Sales for Maximum Value
When you sell can greatly affect your Lego’s value. Consider:
- Listing popular or retired sets during peak demand periods.
- Avoiding sales during periods when similar sets are widely available.
- Keeping an eye on Lego trends and release calendars.
Bundling Strategies
Bundling can increase your sales value. Consider:
- Combining complementary Lego sets or pieces.
- Offering bundles that include rare or hard-to-find items.
- Creating themed bundles that appeal to specific buyer interests.
By using these strategies, you can maximize your Lego profits and have a successful selling experience.
Tax Implications of Selling Legos
Collecting and selling Legos can turn a hobby into a business, affecting your taxes. It’s key to know how the IRS sees your sales when you sell your Lego collection.
When Lego Selling Becomes a Business
If you sell Legos often, you might be seen as running a business. The IRS checks how often you sell, how much you sell, and if you advertise. If it’s a business, you’ll have to report your income and costs on your taxes.
Key factors that indicate a business:
- Regular and frequent sales
- Significant income from sales
- Efforts to market and advertise your Legos
Record-Keeping for Casual Sellers
Even if you’re not seen as a business, keeping good records of your Lego sales is important. You should track the cost, sale price, and any sale-related expenses like shipping. Accurate record-keeping helps figure out your taxable gain, if any.
Common Mistakes to Avoid When Selling Legos
To make more money from selling Legos, avoid common mistakes. These errors can hurt your profits. Knowing what to avoid can help you succeed, whether you’re new or experienced.
Underpricing Rare Pieces
Many Lego sellers make the mistake of underpricing rare or hard-to-find pieces. It’s important to research the market value of your Legos. This ensures you get a fair price. Use online places like eBay and BrickLink to check demand and prices.
Don’t be shy to list your items at a premium if they’re in demand.
Inadequate Packaging for Shipping
Another big mistake is not packaging your Legos well for shipping. Insufficient packaging can damage items, hurt your reputation, and lose sales. Use strong boxes, bubble wrap, and packing materials to keep your Legos safe.
Think about getting shipping insurance to protect against loss or damage.
Ignoring Seasonal Trends
Lego values change with seasonal trends and pop culture phenomena. Keep up with current trends and new releases. This can help you sell at the best time for profit.
For example, retiring a popular set can make it more valuable. So, sell it before it’s too late.
FAQ
What are the best places to sell old Legos?
You can sell your old Legos online on sites like eBay, BrickLink, and Facebook Marketplace. You can also try local collector groups, yard sales, and consignment shops.
How do I determine the value of my used Legos?
The value of your used Legos depends on several things. These include the condition, how complete they are, and how rare they are. The original packaging and instructions also matter. Plus, the age and popularity of the theme play a role.
Should I sell my Legos as complete sets or individual pieces?
It depends on what you can get for each option. Selling complete sets might be more profitable sometimes. But other times, breaking them down into individual pieces can get you more money.
How do I prepare my Legos for selling?
To get your Legos ready to sell, sort and organize them first. Clean the bricks to make them look good. Then, find out which sets and pieces are the most valuable.
Are there any tax implications for selling Legos?
Yes, selling Legos can affect your taxes. If you sell them often, you might need to report your income and expenses on your taxes.
What are some common mistakes to avoid when selling Legos?
Avoid underpricing rare pieces and not packaging them well for shipping. Also, don’t ignore seasonal trends when selling.
Can I sell my Legos to specialized Lego resellers or pawn shops?
Yes, you can sell your Legos to specialized Lego resellers or pawn shops. They might offer a quick sale. But make sure to negotiate the best price you can get.
How do I maximize my Lego selling profits?
To make more money, use good photography and write detailed descriptions. Time your sales right and think about bundling your items together.
Conclusion
Turning old Legos into cash is a smart move if you do it right. Knowing the Lego market, getting your sets ready, and picking the best places to sell are key. This way, you can make the most money.
There are many places to sell your Legos, like eBay, BrickLink, and Facebook Marketplace. Each one is good for different types of Legos and buyers. So, choose wisely based on what you have and who you want to sell to.
To earn more, find out how much your Legos are worth, take great photos, and describe them well. Also, think about taxes and keep good records of your sales.
By using the tips from this article, you can sell your old Legos and earn extra cash. It doesn’t matter if you just want to make some money or if you’re serious about it. The Lego market has something for everyone.