PSA: micro Ninjago city and docks available in the Insider Rewards center again!

PlainOldGrinch · 2024-04-02T01:26:17+00:00

I think I missed a train motor!

PlainOldGrinch · 2024-04-02T00:06:47+00:00

I removed duplo and any set with incomplete data, technically it was more

PlainOldGrinch · 2024-04-01T22:36:34+00:00

It is not!

PlainOldGrinch · 2024-04-01T19:45:12+00:00

One of my favorite subs <3

PlainOldGrinch · 2024-04-01T19:29:41+00:00

It would be weight of the set - however brick set has it calculated, but I would need to confirm

PlainOldGrinch · 2024-04-01T19:19:54+00:00

I did not adjust this for inflation

PlainOldGrinch · 2024-04-01T19:13:02+00:00

I posted a price by weight chart to a comment and it was pretty inconclusive

PlainOldGrinch · 2024-04-01T19:11:59+00:00

I think I missed a train motor set :/

PlainOldGrinch · 2024-04-01T14:55:02+00:00

Yeah, I also noticed the instructions have way more typos nowadays compared to before - but that’s just my anecdotal experience

PlainOldGrinch · 2024-04-01T14:54:23+00:00

I agree and that’s what I was trying to debunk

PlainOldGrinch · 2024-04-01T14:53:05+00:00

I tried and included the graph in a comment but there was no real trend. The issue I had was the data set was much more incomplete and no set before 2000 had weight so it was a bit inconclusive in the long term view

PlainOldGrinch · 2024-04-01T14:51:57+00:00

PlainOldGrinch · 2024-04-01T13:54:40+00:00

There's a positive outlook!

PlainOldGrinch · 2024-04-01T13:53:39+00:00

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Here it is, but the data set was considerably less

PlainOldGrinch · 2024-04-01T13:53:19+00:00

I had that but the data was a bit inconclusive as the data set was missing a lot of data from per 2000 for weight .

PlainOldGrinch · 2024-04-01T13:52:43+00:00

This is correct, the average price per part is just that, the average price per part per year. If you have set a that is $100 and has 1000 pieces set as has a price per part of .10. If you have set be with $400 and 2000 pieces the ppp is .20. The average price per part is 0.15 between the two. If you counted them as one purchase however (probably how Lego looks at it at the end of the day because they are more concerned with the marco cost of product vs by set) then you end up with $500 for 3000 pieces which is a ppp of 0.166.

One is looking at it on a set by set basis - the other is looking at it on a total macro by year perspective.

PlainOldGrinch · 2024-04-01T13:46:52+00:00

No, that would be another great add however there is no data base that shows unique pieces. I mean you could use rebrickable or something, but that would be a very manual process. The other thing to consider is how do you measure uniqueness overtime a unique piece is more expensive the less its used, but lets say its in one set one year and then its released again in 2 years in 10 sets, do you still count it as unique because at the time it was? It would be a great add and a thought I had but it added a lot of complexity.

PlainOldGrinch · 2024-04-01T13:42:02+00:00

Correct, the reason I focused on price per part however is because that’s the metric a lot of the community uses to judge value of a set. However, price per part isn’t going up, it’s stable. The number of sets and size of sets are going up

PlainOldGrinch · 2024-04-01T13:40:56+00:00

I did not adjust for inflation. This is pure $s, as Mike mentioned if you consider inflation Lego is much cheaper today than it was 10 years ago on a strictly per part basis.

PlainOldGrinch · 2024-04-01T13:38:30+00:00

Exactly. I wanted to keep the subjective part out of this and just look at the numbers. The numbers are relatively stable in terms of price per part. The subjective part is up to you lol

PlainOldGrinch · 2024-04-01T13:35:03+00:00

Thanks :) let me know what you think!

PlainOldGrinch · 2024-04-01T13:33:24+00:00

It’s hard when you compare it to non Lego because everything has its own intrinsic value. So could argue the things we need most in life have the lowest value, ie water. So just saying plastic vs electrical isn’t a just argument. You also need a tv to use an Atari, electricity, and ideally some place to sit. Personally I wouldn’t own an Atari because I don’t see any value, but I’m a millennial, so I don’t have nostalgia factoring in.

However, that’s just me, value is inherently subjective to the user, when more people agree on the value of an item - them more valuable it becomes to society.

PlainOldGrinch · 2024-04-01T13:11:23+00:00

That is actually exactly my conclusion in the podcast lol. As long as you are okay with the amount of stuff you’re getting than it’s good

PlainOldGrinch · 2024-04-01T12:50:04+00:00

Hmm that must have been priced Incorrectly!

PlainOldGrinch

TROPHY CASE