eBay Lego market report

1217
Ladies and gentlemen, I. Spent. Again. But wait! Hear me out. This time I was seriously just doing my eBay Lego market research, and I stumbled across this amazing deal of 10 lb of Lego for $26US. Remember that I spent $9.99 on the first pound of lego.

Let's let the graph speak. If you would kindly examine the first figure, you will quickly see the expected positive correlation between Lego weight and total price. More Lego cost more money. Note that the seemingly ripped-off-ness of my first Lego purchase at $9.99 per pound follows the trend at the lighter-weight Lego packages, meaning I wasn't ripped off after all.

But please take a closer look at my most recent purchase at $26 for 10 pounds. Note how much lower it is compared to the neighboring dots. As my seller pointed out, I had a lucky win because the other 10lb shipment that he sold, was bidded at $56. Notice how this price fits the trend much more closely than my abnormally low $26.




Please take a look at the second figure. This graph shows the negative correlation between the unit price of Lego and the total weight. This is also expected, because as we buy larger packages, we usually get more discount. However, note that my abnormal $26 purchase is even lower than the 50lb purchase, which was sold at close to $180. This says that my more recent purchase was more economical than even the super size purchases.


Hence, my overspending after vowing not to overspend is justified.
Thank you for your attention.

Overspent

1214
So I officially overspent this week, buying that samurai collection along with a mummy, Hermione, peeves, that self-loving showy professor that turned up in HP2, and a bunch of orange/blue/green fires. These amounted to $30 CAD. So I overspent about $10 this week. (Deng deng deng!!)
I should really stop eBaying for a while, perhaps a week or something. But there are still a few good deals coming up in a couple of days. eBay is evil in that it allows users to "watch" items that they are interested in, and once they watched it, they can't ignore the temptation. Shivers. Perhaps I will just turn into a Lego hobbyist and do professional Lego dealing for life. That way I can spend money on random "pieces of plastic junk" according to Tina without feeling guilty.
The success of my Lego dealing business will depend on where I get my Lego from. Not from eBay of course. I need to find ways to buy cheap cheap Lego in large quantities. Garage sale is the obvious way to go. Perhaps there are some auctions of illegal Lego import too, like those ones with jewelry. Nah, I will probably have to stick to the garage sales of families with grown-up kids or cruel parents who want their kids to grow up.

Oh uh...

1212
I am getting more and more addicted to eBay. This is not necessarily a good thing. I keep seeing the cutest Lego stuff, like Dumbledore and spacemen and an oh-my-god collection of werewolf, Dracula, mummy, and ghost. I didn't win these bids, sigh.

1213
I think I've exceeded the $30/week limit this morning when I bid on 3 Japanese Lego figures. A samurai, a ninja, and a cool looking dude. Spent $10 on these, with $4 shipping. The catch is, the shipping cost of each additional item is only $0.50! How can I stop here?
So I told myself, calm down, it's ok. Just one or two more small items of less than $10, then you will not exceed your limit too much. And take a break next week and don't bid on any more things. Cuz really, I should visit garage sales and buy Lego by the boxes, not by the pound on eBay.
But there are still so many seemingly good deals out there! I keep telling myself, the price I buy these things at will be the price that I can sell these things at too. And perhaps with a little business tweaking, I can even sell them at a higher price. That's it, this is just an investment, not a crazy big-boy spending spree. Right? Ha ha ha, I had to laugh at myself.

Something starting...

Mid-November, late, late night.
I was lying in bed, and an untraceable random sequence of thought led me to eBay looking up Lego sales.

The next day. 1124.
I got an eBay account.

That weekend. 1126.
I won the first Lego bid. A pound of Lego was making their way through the North American continent from a seller in the States.

Last night. 1207.
It arrived! A whole pound of it!
I dug in for over an hour, despite the fact that I was exhausted and it was midnight. And this blog was created before I slept.

Perhaps something is starting... we will have to wait and see.