Friday, February 3, 2017

Okay, LEGOs are Getting Too Expensive

World's most expensive LEGO.
(Catawiki)
Yesterday, the Catawiki online auction house auctioned off one of the rarest LEGO bricks for $19,793! Why? Because it was made of solid gold. Actually, the 14-carat solid gold brick worth of gold is much less, but since it is a collector’s item, it came with a hefty price tag.

Here’s the scoop. Between 1979 and 1981, the LEGO company chose to give a few select partners and employees who had with LEGO for 25 year a replica of a standard (8 dots) LEGO brick in the same shape and size or a real plastic one. It is believed that there are only ten of these gold bricks in existence and according to Catawiki, it has been more than five years since one of them was on the market and that one sold for about $15,000 in 2012. According to NBC New York, the most expensive LEGO set, the “Ultimate Collector’s Millennium Falcon” only has a wimpy value of just $4,729.

“The brick that was auctioned on Wednesday night was offered by a family member of an Italian business partner of LEGO, who received the brick in 1980, for his contribution to the development of the LEGO Company in Italy,” said Rolf Nagtzaam, LEGO expert at Catawiki.

There were bids from collectors from all over the world but one from England is truly the brickmaster. "Yeah, but I bet it isn't very fun to play with" says everyone else with sour grapes.