The Economics and Psychology of LEGO Collecting
I'm hooked, you're hooked, we're all hooked
Over the past few decades - since the inception of LEGO sets - what started as a simple children's toy has burgeoned into a massive collecting market.
You, after all, likely wouldn't even be reading this if you weren't looking to collect some sets.
Millions of adults around the globe spend time, money, and energy hunting down rare sets, building intricate displays, and even investing in bricks as they
would in stocks or real estate.
The Art of LEGO Precision
The Secret To That Satisfying Snap
Within the colorful and imaginative realm of LEGO, there exists an unseen but crucial element: the precision engineering behind every brick.
A child's casual snap of a LEGO piece onto another is underpinned by a sophisticated engineering process that ensures a perfect fit, not just
in that moment but for decades to come. This blog post pulls back the curtain on the meticulous precision that makes LEGO not just a toy, but
a feat of engineering.
What is LEGO Price Per Brick?
It's in the name but there's a bit more to it.
If you've been digging for LEGO sales and deals, you've likely encountered the term Price Per Brick (also referred to as Price Per Piece, PPB, or PPP).
Lego price per brick is a relatively common way to value different Lego sets, calculated by dividing the total price of a LEGO set by the number of
pieces in the set.
Economics of LEGO Production
Why do these sets all cost so much?
LEGO sets are, of course, known for their high quality and durability. But how much does it actually cost to produce a LEGO set? And what kind of margins does LEGO make on its products?
How LEGO Numbering Works
There's more to it than you might think!
LEGO set numbers are more than just a way to identify a particular set. They can also tell us a lot about the history of LEGO, the different themes that have been released over the years, and even the popularity of certain sets.