Discussion Forum: Selling: Message 1462821
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 Author: jennnifer View Messages Posted By jennnifer
 Posted: Apr 3, 2024 12:22
 Subject: Re: Incorrect parts price inflation
 Viewed: 94 times
 Topic: Selling
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jennnifer (3537)

Location:  USA, Illinois
Member Since Contact Type Status
Sep 8, 2009 Contact Member Seller
Buying Privileges - OKSelling Privileges - OK
Store: Old Grey Bricks
In Selling, Leftoverbricks writes:
  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?

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.

By the way, if everyone keeps doing that, the prices will all hit bottom. Like
every book on amazon costing $.99

~Jen

Message is in Reply To:

View Thread Incorrect parts price inflation - Leftoverbricks (2225)
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 19730,115) This was previously [...]
(2 months ago, Apr 3, 2024, to Selling)

Message Has 5 Replies:

View Thread Re: Incorrect parts price inflation - rickcraine (4)
[...] A specific part should be worth what similar rarity parts are, it's a supply and demand market. As a buyer, I appreciate the thoughtfulness towards buyers Leftoverbricks [...]
(2 months ago, Apr 3, 2024, to Selling)
View Thread Re: Incorrect parts price inflation - starbeanie (10856)
And if I set a price for something years ago, I'm not constantly checking to see if it went up or down. I'm a small store with only 3,454 lots but I don't have time [...]
(2 months ago, Apr 3, 2024, to Selling)
View Thread Re: Incorrect parts price inflation - Nikilyn (8460)
[...] This So many sellers do this. I see it recommended on youtube channels, facebook groups on bricklink etc. They say its so easy just price at 6 months avg and the system [...]
(2 months ago, Apr 3, 2024, to Selling)
View Thread Re: Incorrect parts price inflation - 1001bricks (52466)
[...] Which is nuts! I've never done this. Price sold is based on acquisition price + margin. You can easily set this up in a couple of clicks using BrickStore. Maybe with [...]
(2 months ago, Apr 3, 2024, to Selling)
View Thread Re: Incorrect parts price inflation - Leftoverbricks (2225)
[...] When I part out a set and set to 6 month average I globally check the prices. When I see a high price for a particular brick I always check the price guide to get a better [...]
(2 months ago, Apr 4, 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 (10856) 2 months ago Apr 3, 2024 to Selling
 Msg 5 - Nikilyn (8460) 2 months ago Apr 3, 2024 to Selling
 Msg 6 - 1001bricks (52466) 2 months ago Apr 3, 2024 to Selling
 Msg 7 - Leftoverbricks (2225) 2 months ago Apr 4, 2024 to Selling
 Msg 8 - qwertyboy (7876) 2 months ago Apr 3, 2024 to Selling
 Msg 9 - Cob (3570) 2 months ago Apr 3, 2024 to Selling
 Msg 10 - Dhobeck (42) 2 months ago Apr 3, 2024 to Selling
 Msg 11 - TheBrickGuys (13312) 2 months ago Apr 4, 2024 to Selling
 Msg 12 - SezaR (1398) 2 months ago Apr 3, 2024 to Selling
 Msg 13 - hedgehog_bricks (1858) 2 months ago Apr 4, 2024 to Selling
 Msg 14 - infinibrix (5025) 2 months ago Apr 4, 2024 to Selling
 Msg 15 - custommike (174) 2 months ago Apr 16, 2024 to Selling
 Msg 16 - 1001bricks (52466) 2 months ago Apr 16, 2024 to Selling
 Msg 17 - runner.caller (2656) 2 months ago Apr 16, 2024 to Selling

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