Lego proving a better financial investment than gold or the stock market
The value of some popular children’s toy sets has increased dramatically and on average exceeds more traditional investments.
Households have been urged to hunt in their lofts after it emerged that the value of some Lego sets has increased dramatically and is now a better investment than stocks or gold.
The average value of the popular children’s toy set has increased 12% every year since 2000 – while the price of gold has only risen 9.6% in 15 years.
The Ultimate Collector’s Millennium Falcon set, which contains over 5,000 bricks, sold for £ 342.49 when it was released in 2007.
The most precious sets
The bigger, rarer sets tend to be worth the most – but with Lego frequently updating their lineup, that means any old set that’s large enough can be worth over £ 1,000.
Currently, these are the most valuable sets:
1. £ 2,712 – The Ultimate Collector’s Millennium Falcon (2007). New Price: £ 342.49
2. £ 2,096 – Coffee corner (2007). New Price: £ 89.99
3. £ 1,848 – Taj Mahal (2008). New Price: £ 199.99
4. £ 1,524 – Death Star II (2005). New Price: £ 249.99
5. £ 1,467 – Imperial Star Destroyer (2002). New Price: £ 249.99
But the popular Star Wars toy is now selling for almost EIGHT times as much, with winning bids of up to £ 2,712 on websites like eBay.
Another popular Lego set, Cafe Corner, has seen its price jump 2,230%, from £ 89.99 in 2007 to £ 2,096 now.
And the 2008 Taj Mahal – which has nearly 6,000 pieces – has gone from £ 199.99 to £ 1,848.
Prices for used Lego also skyrocket as soon as they come out of production, with modern sets released last year already selling for 36% more than their original value.
The huge hikes mean that Lego offers a better return than traditional investments like the stock market, with the value of the FTSE 100 not being higher than in 2000.
People who invested in gold have also only received a 9.6% gain over the past 15 years.
Parents have now been urged to search their children’s forgotten toys to see if any fortune could be stashed in their loft.
Bev Channell, Event Director for the Lego BRICK 2015 event, which begins tomorrow at the NEC in Birmingham, said: “With Lego’s popularity skyrocketing with adults and children, the effect on values rare and hard to find sets and new releases has been amazing.
“It’s worth searching your old settings to see what treasures are hiding there. “
Last week, it emerged that Lego warned it could run out of bricks before Christmas due to growing demand.
The Danish company has admitted that some children may not receive their gifts because factories are unable to make enough plastic bricks to meet the demands of toy stores.