It’s no secret that sorting through a used collection of LEGO in order to sell individual pieces is an absolutely monumental undertaking. That’s why many people prefer to sell their LEGO solely on the basis of its weight which makes for an arguably easier process.
Selling used LEGO by weight alone is as simple as weighing your assortment to the nearest pound, packing it up and then choosing somewhere to sell it.
So if you’re looking to make some spare cash by finally shifting your old collection but aren’t entirely sure how to do so, read on for a detailed breakdown.
How to Price LEGO By The Pound
To begin, make sure what you are planning to sell does not contain any non-genuine LEGO or broken components, as this is something purchasers do not want to see and may even deter them from buying altogether understandably so. Next, it goes without saying but the more LEGO you have, the more money you can expect to make, so be certain to gather up as much as you can!
An important yet frequently overlooked step includes making an overall note of what kind of pieces are in your lot and the condition they are in. This will help further attain a fair price. After all, it’s no use having an ultra rare minifigure if it’s in bad shape. Finally, weigh your collection while making sure to exclude any weight of the container/bag that it was weighed in for a more fair offer.
The answer to how much LEGO is worth per pound is unfortunately not a straightforward one as through my own research, I have found that the selling price of unsorted used LEGO can range from $3 right up to a huge $20 per pound. The deviation in these numbers is dependent upon many factors. For example if rarer pieces, baseplates, minifigures from licensed/retired themes are included in the bundle and in good condition, this can significantly raise the asking price.
This is why as mentioned earlier, it’s advantageous to have a rough idea of what you have. If you’re not entirely sure, taking the time to conduct additional research on the internet can massively assist in appropriately valuing your job-lot.
In conclusion and as an extremely rough guide, I have deduced that the average estimated price for used LEGO by the pound is around the $5 – $8 mark which seems more than reasonable and can be a good starting point, especially for new sellers.
Where to Sell LEGO by the Pound
eBay
eBay is a popular and diverse marketplace that still remains the trusted front runner for selling second hand goods. This is why it also continually proves to be a great place to sell LEGO with plenty of interested customers looking for the next great deal. This fact does make the site very crowded, so if you decide to use this platform, make sure to add as much information as possible in the description, as well as a lot of images to help potential buyers get a better idea of what you’re offering.
When looking to price your offer, make sure you look at listings that have already sold to see what customers are paying around that time for a similar lot. You should not use the current active listings as a guide for pricing as those do not reflect actual purchases.
On the other hand, an important downside to consider is that eBay does take a fee and postage costs can be high when selling heavy items so this is something that needs factoring in too.
Facebook Marketplace
Given that the Facebook Marketplace is still very new, having been around for less than a decade, it has had a surprisingly huge and positive impact on the selling community. With the very welcomed benefit of having no fees and the ability to list within a certain mile radius – this platform makes for a brilliant choice to list on. As of now, there is no absence of sellers on the site who cover a multitude of areas, all offering enticing, used LEGO bundles. Therefore pricing competitively can really help you stand out from the ever-growing crowd.
Similarly to eBay, it’s also very important to incorporate pictures on your listing that clearly show what sort of elements are included in your bundle. This is ultimately what will first attract a marketplace buyer to click on the listing so it’s a crucial step that should not be overlooked. Placing your LEGO in see-through plastic bags is a smart way of doing this.
Independent Companies
If you’re looking for all the hassle of selling your second hand LEGO to be taken away, then companies like musicmagpie, buybackworld.com, thebricktraders.com among many others are the perfect solution. It can take as little as a few minutes to fill out an online form and request your custom quote for how much LEGO you plan to sell to them per pound.
Some of these services even provide a shipping label so all you have to do is bag it up and stick it in the post. While this may not be the most profitable option, it is unquestionably the most convenient.
Yard Sales
A more involved method of selling your LEGO is to visit or host a local yard sale. These are extremely common events in America and provide the very unique opportunity of allowing buyers to fully see what you are offering in person.
It’s becoming common practice for buyers and resellers to visit yard sales for the sole purpose of finding some LEGO deals so if you have the time and space, don’t write it off!
Thrift Stores
According to statistics, there are more than 25,000 thrift stores in the United States of America alone. And most of them would be very willing to purchase LEGO from customers as they know the resale value is there. This may not be the most profitable route if you have the more rare, sought after pieces within your bundle but if it’s just standard pieces that you’re looking to get rid of, thrift stores are a good place to go.
There is an added bonus that the profit made from the thrift store selling your bundle will also likely go to a good cause.
Final Thoughts
In conclusion, selling second hand LEGO by weight doesn’t have to be as arduous of a task as it initially appears to be. It undoubtedly pays to know you have and with the countless selling platforms and options available, selling a used bundle of LEGO has never been easier.
Each option has its pros and cons so do proceed with realistic expectations as the amount of profit that can be made will naturally vary. It isn’t the most lucrative option when it comes to selling LEGO but if time is money and you just want a new home for your parts and pieces, this is the option to go for. If you liked this article, check out this other one on How to Sell Used LEGO!
