While some people may consider gold , jewelry , art , wine , or antique good investment funds in the farsighted - term , a young study challenges that notion and presents a unique and more moneymaking alternative : Lego set .
economic expert from theHigher School of Economicsin Russia have found that the marketplace price of retired Lego set sold on the lowly market grow by at least 11 % annually , which is higher than the average return provided by amber , big stocks , bonds , and alternative investments . For their study , the authors analyse the prices of 2,322 unopened Lego sets from 1987 to 2015 and entropy about principal cut-rate sale and online auction transaction .
The study will be published in the January outcome ofResearch in International Business and Finance .
Photo: Johannes EiseleI / AFP (Getty Images)
“ We are used to thinking that multitude buy such item as jewelry , antiques or artworks as an investment funds , ” Victoria Dobrynskaya , aneconomics and finance professorat HSE and a co - author of the survey , pronounce in auniversity word article . “ However , there are other options , such as collectible plaything . Tens of thousands of deals are made on the secondary LEGO market . Even direct into account the small prices of most solidification , this is a huge market place that is not well - cognize by traditional investor . ”
The researchers offer some reason to explain why people ante up big bucks for Legos . A significant one may be the small issue of sets farm and the limited turn of mass who require to sell their Legos after they buy them . In addition , LEGO has been making Legossince the 1960sand has amassed a horde of nostalgic adult fans who prise sure-enough sets .
Before you start wonder whether you have any Lego set laying around your house that could be secret treasures , there are some thing you should have intercourse . First off , cost for Lego sets on the junior-grade market , which depart greatly and tramp in returns from between -50 % to +600 % on an one-year basis , typically start to increase two or three long time after a set has been retired . This mean you have to factor in in high price like delivery and memory into your investment funds .
second , the terms of small or very big solidifying will grow faster than medium - sized sets , the researchers found . The sets that see the biggest maturation in time value on the secondary market place are those related to famous construction , movies , or holidays . As such , it should n’t be a surprise that some of the most expensive Lego sets include theMillennium Falcon , the Death Star II , and theImperial Star Destroyer . Other extremely esteem Lego set include modified edition set and those give out at promotional event .
And at long last , the secondary Lego market is not something you may rise into easily if you ’re not a fan , Dobrynskaya say . There are a mess of Lego sets out there , and it takes a on-key fan to analyze the market and make a bet on a set that might be worth a luck more someday .
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