Discussion Forum: Selling: Message 1462820
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 Author: Leftoverbricks View Messages Posted By Leftoverbricks
 Posted: Apr 3, 2024 11:59
 Subject: Incorrect parts price inflation
 Viewed: 301 times
 Topic: Selling
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Leftoverbricks (2225)

Location:  Netherlands, Overijssel
Member Since Contact Type Status
Mar 11, 2012 Contact Member Seller
Buying Privileges - OKSelling Privileges - OK
Store: Leftoverbricks
I observe that some parts are regularly offered for exorbitant prices when there
is actually no reason for this.

Take for example this part
 
Part No: 19730  Name: Minifigure, Headgear Helmet Rectangular (Minecraft)
* 
19730 Minifigure, Headgear Helmet Rectangular (Minecraft)
Parts: Minifigure, Headgear {Pearl Gold}

This was previously only available in set
 
Set No: 21127  Name: The Fortress
* 
21127-1 (Inv) The Fortress
959 Parts, 4 Minifigures, 2016
Sets: Minecraft
and
 
Set No: 21137  Name: The Mountain Cave
* 
21137-1 (Inv) The Mountain Cave
2822 Parts, 6 Minifigures, 2017
Sets: Minecraft

These sets were limited in number and are much sought after.

Since 2024, a new set
 
Set No: 21252  Name: The Armory
* 
21252-1 (Inv) The Armory
196 Parts, 2 Minifigures, 2023
Sets: Minecraft
has been available that contains this part.
It can be purchased in any LEGO store or reseller. But I still see that every
new seller of this part bases their price on the original price when this part
was still rare.

This it totally nuts imo.

I'm thinking of parting out 10 sets containing this part and pricing them
at around 50 cents to change the price guide which will force future sellers
of this item to sell this item cheaper.

To the sellers: do you also experience these kinds of crazy things?

Message Has 8 Replies:

View Thread Re: Incorrect parts price inflation - jennnifer (3537)
[...] You really think sellers are checking the pricing and availability of every item in a part out? They set it 'just below the 6 months average' and click the button. [...]
(2 months ago, Apr 3, 2024, to Selling)
View Thread Re: Incorrect parts price inflation - qwertyboy (7881)
I will be completely honest here. We run a shop, and this is not done for charity purposes - it is very much a part of our income. I am very happy if parts are priced high, as [...]
(2 months ago, Apr 3, 2024, to Selling)
View Thread Re: Incorrect parts price inflation - Cob (3570)
[...] What if I purchase them for 50 cents and relist them on BrickLink at the now current price?
(2 months ago, Apr 3, 2024, to Selling)
View Thread Re: Incorrect parts price inflation - SezaR (1404)
[...] This thought is also crazy 😉 [...] More tims goes by, more items will be listed and price drops down on its own. This is how things are working in the realm of economy. [...]
(2 months ago, Apr 3, 2024, to Selling)
View Thread Re: Incorrect parts price inflation - hedgehog_bricks (1859)
[...] The part is in a minifig, for which there is plentiful supply at prices much lower than the individual part (from around $2.50-$3.00). (Minifigure min158) Jonathan
(2 months ago, Apr 4, 2024, to Selling)
View Thread Re: Incorrect parts price inflation - infinibrix (5030)
[...] Keep in mind that not all sellers are looking for a quick sale on all their stocked items. If you have lots of stock of a part and/or can replenish that stock quickly [...]
(2 months ago, Apr 4, 2024, to Selling)
View Thread Re: Incorrect parts price inflation - custommike (175)
[...] This is the reason I use the Last Six Months Sales Quantity Average for my pricing. It effectively eliminates people listing the part for sale at high prices and gives [...]
(2 months ago, Apr 16, 2024, to Selling)
View Thread Re: Incorrect parts price inflation - runner.caller (2658)
[...] I've been observing this on (Part 90390) since the start of my selling around 2016. It was only avail in a CMF set from 2010 and was $4+ In 2017, it became available [...]
(2 months ago, Apr 16, 2024, to Selling)

17 Messages in this Thread:

 Msg 1 « - Leftoverbricks (2225) 2 months ago Apr 3, 2024 to Selling
 Msg 2 - jennnifer (3537) 2 months ago Apr 3, 2024 to Selling
 Msg 3 - rickcraine (4) 2 months ago Apr 3, 2024 to Selling
 Msg 4 - starbeanie (10860) 2 months ago Apr 3, 2024 to Selling
 Msg 5 - Nikilyn (8469) 2 months ago Apr 3, 2024 to Selling
 Msg 6 - 1001bricks (52506) 2 months ago Apr 3, 2024 to Selling
 Msg 7 - Leftoverbricks (2225) 2 months ago Apr 4, 2024 to Selling
 Msg 8 - qwertyboy (7881) 2 months ago Apr 3, 2024 to Selling
 Msg 9 - Cob (3570) 2 months ago Apr 3, 2024 to Selling
 Msg 10 - Dhobeck (45) 2 months ago Apr 3, 2024 to Selling
 Msg 11 - TheBrickGuys (13328) 2 months ago Apr 4, 2024 to Selling
 Msg 12 - SezaR (1404) 2 months ago Apr 3, 2024 to Selling
 Msg 13 - hedgehog_bricks (1859) 2 months ago Apr 4, 2024 to Selling
 Msg 14 - infinibrix (5030) 2 months ago Apr 4, 2024 to Selling
 Msg 15 - custommike (175) 2 months ago Apr 16, 2024 to Selling
 Msg 16 - 1001bricks (52506) 2 months ago Apr 16, 2024 to Selling
 Msg 17 - runner.caller (2658) 2 months ago Apr 16, 2024 to Selling

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