Investing in LEGO Set for Profit: 2018 LEGO Harry Potter Hogwarts Castle

In my previous post, Investing in LEGO set for Profit: 2015 Lego Ferris Wheel, we discussed importance of identifying Lego sets that can provide Lego investors a high rate of returns.  One such Lego sets you can buy today is the 2015 LEGO Creator Expert Ferris Wheel.  I had already spent enough time doing the research by analyzing its current value and comparing to their retail price, and I look at similar Lego sets from the past that have already retired and checking their return on investment.  Today, we will look at a couple of LEGO Harry Potter Hogwarts Castle sets.

2010 LEGO 4842 Harry Potter Hogwarts Castle

LEGO 4842 Harry Potter Hogwarts Castle set was released on October 1, 2010.  At that time, it was the fourth version of Hogwarts Castle that had been released.  Sets 4709, 4757, and 5378 were released in 2001 with 682 pieces, 2004 with 944 pieces, 2007 with 943 pieces respectively.  At the time of release of 4842 version of Hogwarts Castle, this Lego set was the largest with 1290 pieces and it retailed at $129.99.  As of today, this Lego set is going for $550 on Amazon, an increase of more than 350% over 8 years

New Version of Hogwarts Castle Released

LEGO wasted no patience when they released a new version of Harry Potter Hogwarts Castle set this year on September 1, 2018.  This massive Lego 71043 Hogwarts Castle set that has exceeded everyone’s expectation with 6020 pieces, which turns out to be the second largest Lego set and easily surpassing prior Lego Hogwarts Castle sets to become the biggest set in history of LEGO.  You can read more about it at Jays Brick Blog as he goes into much details of what this castle is all about.  The reason why I am writing about this new Hogwarts is to inform you this year is your opportunity to make a great investment in Lego sets.  Since Lego 71043 Hogwarts Castle has not retired yet, you can still get one at a retail price.  But do not look for one on Amazon or EBAY because this same set is already priced at $600.  The only place you can get it at a retail price is at LEGO.com.  You must get one before they run out because it has not been even one year since its release and already the price has increased by 50%.  I recently bought one set for myself and I used VIP points to lower the overall cost.  Oh wait!  If you buy this set right now, you will receive a free reindeer ornament Lego set, currently being sold on EBAY and AMAZON for $12.

Additional Discounts

If you sign up as a LEGO VIP member (I highly recommend), you can receive 399 VIP points, which is equivalent to $20 on future orders.  In addition to VIP points, if you use EBATE.com , you can get additional 5% of $399 ($20) plus if you are a new member, you receive free $10 just from signing up.

When you receive this amazing Harry Potter Hogwarts Castle set from LEGO.com, inspect the Lego box very carefully and identify any damages from shipment.  I have noticed that LEGO.com does not do so well in protecting the Lego set during shipment.  If you find damages and are not okay with them, then you call LEGO.com customer support (1-800-835-4386) for an exchange.  However, if there are any slight damages that you can live with keeping the set, then you still call LEGO.com customer support, explain the damages, and request some VIP points instead of having them send another set as an exchange.  Make sure you take pictures as proofs as they may want you to send the pictures to them.

Final Thought

Investing in Lego sets is real and can bring you much wealth as a long-term investment.  Many investment savvy people have already started investing their money into Lego sets and I presume the Lego market will only continue to grow over time, which means potential for already retired Lego sets should be accelerate and should bring even greater profits.  I believe Lego 71043 Harry Potter Hogwarts Castle will turn into a great investment for the future and everyone should jump on it when there is still some time left before this set retires probably by the end of next year if not early 2020.