Make Money Selling Used Lego Minifigs on eBay

Today's post is contributed by Amanda Moak, an expert on finding and selling Legos and minifigs on eBay. Amanda is an active member of the eBay Stay at Home Mom's group on Facebook.

When it comes to selling Legos on eBay, minifigs are the cream of the crop. A minifig is the term used to describe the little Lego figures or people. Believe it or not minifigs are some of the most valuable and sought after Lego items. The most common minifig buyer is the collector. There are collectors all over the world that seek out and purchase particular minifigs for their collections. Lego sets are constantly being discontinued which makes some minifigs hard to find and extremely valuable.

Star Wars themed minifigs are the most valuable and sought after. The average price for a common Star Wars minifig ranges from $5.00-$15.00 each, while some of the rare ones fetch $60.00-$100.00 each.


Castle and Pirate minifigs, from the 1980’s and 1990’s, are also highly sought after and quite valuable. Minifigs from these themes sell for $4.00-$8.00 each.


Aside from Star Wars, Castle and Pirate minifigs there are various other minifigs you may come across. Such themes include Town, City, Islander, Western, Indian and many more. On average these minifigs sell for $1.00-$3.00 each and sometimes more based on the rarity.


Minifigs have an incredibly high profit margin and you can typically pick them up cheaply in lots at yard sales and thrift stores. Check out Amanda's ebook, Bricks to Riches, where she shares more of her expertise on selling in the Lego minifig niche.

Amanda Moak and her husband Nate live in Gastonia, NC and have been selling Legos on eBay since 2005. To date they have sold over 3,000 pounds and over 5,000 minifigs. In 2009 Amanda quit her job to sell Legos full time. They also run a website Bricks 2 Riches geared towards helping others sell Legos on eBay.

Flipping Craigslist Finds on eBay

I went over this with a few of my clients this week, and thought I would share.

Craigslist can be a gold mine for inventory if you check often, do your research, and act fast. People are desperate and are selling things cheap. Your eBay selling knowledge (at whatever level) will pay off here. Many people are intimidated by eBay, don't have time to learn how it works, and just settle for selling items on their local Craigslist. By snagging these items cheap, you can make much more selling them on eBay because your buying audience will be exponentially larger than the local Craigslist audience.

Here is how it works.

1. Visit Craigslist for your city or other surrounding cities.

2. Look under the FOR SALE section.

3. Browse through the categories. You will come across things you have never heard of. Do the research (Terapeak or eBay completed listings) to find out what items sell for on eBay.

A few things to look for:

Perfume, cologne, and fragrances

MLM Distributors going out of business (Mary Kay, Pampered Chef, Creative Memories, NuSkin, Silpada Jewlery, etc.)

Coats

Shoes and boots

Sporting goods such as ski equipment, little league football equipment, skates, hunting / camping / fishing supplies, equestrian supplies (saddles, tack, clothing), martial arts sparring gear and clothing

DVD collections

Move out of your comfort zone and try things unknown. You can only grow if you are willing to feel awkward and uncomfortable when you try something new. 95% of people will retreat to their comfort zone when what they try doesn't work the first time they try it. You have to explore new territory.

Key Points:

1. Check often and act fast.

2. Do the research.

3. Look in categories unfamiliar to you. Then refer to #2.

4. Focus on items that are easy to ship.

5. Be safe - only meet your Craigslist trading partner inside a public place, during daylight, and take another adult with you.

6. Click here for more information on flipping Craigslist finds on eBay.