Was LEGO always so expensive?

The next time someone says, "I like LEGO, but they're too expensive," remember that in spite of 30 years of inflation and constant rising petroleum prices, the cost of LEGO has not really changed. It has always been good value for the money, and quality products will always command a premium price.

Why is original LEGO so expensive?

Because Lego invests a good amount of money in its research and development department, they need to ensure that they have enough money to do so. That means having high prices on their products. Legos are expensive because of the funds they need to invest in their research and development department to stay on top.

Did LEGO sets get more expensive?

In June 2022, LEGO announced it would be increasing the prices of their sets. Ever since, consumers anticipated their favorite plastic construction toy prices to increase by as much as 25%.

What is the most expensive LEGO in history?

1. Star Wars Episode IV Imperial Star Destroyer 75252. Lego fans were abuzz when the 75252 Star Destroyer was originally released for $699 in September 2019. This 4,784-piece set recreated Darth Vader's vessel from Star Wars: A New Hope and ranks among the biggest lego set versions.

Were Legos cheaper back then?

Size of LEGO Sets

The number of pieces in a LEGO set influences the cost and, therefore, the price you pay. The price of LEGOS has decreased since 40 years ago. In 1985 a LEGO brick cost about 40 cents per brick; today, it averages 10-12 cents per brick.

Why LEGO Is So Expensive

Why is LEGO getting more expensive?

Lego prices are increasing in 2022 due to “the current global economic challenges of increased raw material and operating costs.” Lego states that it had previously been “absorb[ing] these costs to keep pricing stable,” but “have [now] taken the decision to increase the price on some of [its] sets.”

How much did the original LEGO set cost?

According to BrickEconomy its retail price at the time was only 13.75. So I threw that number into a DKK inflation calculator, did some minor adjustments to account for some things, and so on so forth. Ultimately it came out to be worth roughly $20 (USD) for a 204 piece set.

What is the rarest old LEGO?

The team found that the most valuable LEGO set is the “Space Command Center.” Back in 1979, it sold for $24.99. But now it's worth around $10,400.

Why is LEGO so addictive?

Children today are more adept than previous generations at noticing what stands out in a crowd, and craving originality. Lego calls this essential aspect of play “the joy of building, and the pride of creation.” It's that feeling of, “look what I did!” that is a fundamental truth for us all, long after we've grown-up.

Which LEGO sets will be worth money?

What LEGO sets are retiring in 2023?

LEGO Marvel

3 sets coming on April 1 are scheduled to retire at the end of 2023, as well as 76256 Ant-Man Construction Figure, which launches on May 1. However, 76254 Baby Rocket's Ship is currently planned to stay on shelves for one year more.

Are LEGO sales declining?

Lego sales are building on pandemic-era growth, boosted by a diverse slate of products that cater to kids and adults alike. On Tuesday, the privately held Danish toymaker said revenue in 2022 jumped 17%, reaching 64.6 billion Danish krone, or about $9.28 billion.

When did LEGO lose money?

In 2004, LEGO Group posted a net loss of $220 million. Mads Nipper, executive vice president, marketing, LEGO, opined back then that the company was "almost bankrupt."

Is LEGO good for the brain?

Activities like painting and crafting induce a naturally calming effect on the brain, and it's no different for Lego. In an article by Well+Good, psychotherapist Melissa Lapides expresses the benefits of using it to reduce stress and anxiety.

What is the rarest minifigure?

The most expensive Lego® Minifigure is the Solid Gold 14K C-3PO coming in at around $300,000! Released in 2007 to celebrate the 30th anniversary of the Star Wars franchise, this rare minifigure is prized by collectors for its exceptional rarity - only five were ever made!

Why do LEGO sets retire so fast?

Retired Lego Sets are sets that have reached the end of life (EOL) production with Lego. The Lego sets are typically available for a short period of time, and then they stop making them. This is actually a good thing, as it allows Lego to make new sets every year and keep the product fresh as sets are retiring soon.

Are LEGOs a good investment?

LEGOs are worth more than gold

They found that the market prices of retired LEGO sets, when sold on secondary marketplaces, grew by at least 11% annually. This is higher than the average returns for gold, large stocks, bonds, and other types of investments.

What are the most collectable LEGO sets of all time?

How much is 90 000 LEGOs worth?

90,000 Lego bricks could be worth anywhere between $2,700 and $16,200. The average price per LEGO brick is about $0.11.

Why are Lego minifigures yellow?

First created in 1975, LEGO minifigures were originally chosen to be yellow in order to promote the idea of racial neutrality. LEGO, at one time, explained on its website: “We chose yellow to avoid assigning a specific ethnicity in sets that don't include any specific characters.

Why is LEGO so cheap in the US?

Here is the answer from Mads Nipper of LEGO's Corporate Management. Our selling costs in Europe and Asia are higher than in the US because of the size of US market and retailers (economies of scale). Furthermore, the US market is by far the most price competitive in the world.

What is the weakest LEGO?

What is the most popular fake LEGO?

What is the smallest LEGO brick ever?

Nanofigures are the smallest type of figures offered in LEGO products.