Star Wars LEGO sets are high-value investments for Canadian collectors, making them a prized possession for enthusiasts nationwide. If you are a new Canadian Star Wars LEGO collector and need a comprehensive guide on this, then this blog is for you. From this blog, you will learn about the development of Star Wars LEGO sets, the most valuable sets for Canadian collectors, market trends in Canada, and some clever tactics to acquire the greatest LEGO collection in Canada.
Evolution of Star Wars LEGO Sets
Historical timeline
The Begining-1999
In 1999, Star Wars was launched with a set based on The Phantom Menace.This was the first simple set that laid the foundation for Star Wars LEGO.
UCS Millennium Falcon 2007
In 2017, Star Wars released the UCS Millennium Falcon. It had 5197 pieces, which was the most significant set release at that time. Collectors loved it. It was joyful for children and a collectible piece for collectors.
Microfighters in 2011
To reach a wider audience, Star Wars released the Microfighters in 2011. For younger audiences and collectors, this set is ideal. It was an abridged form of the famous war vehicles. Younger audiences were drawn to this set because it was released in a Chibi fashion.
The Force Awakens in 2015
In 2015, LEGO released The Force Awakens with characters like Rey, Finn and Kylo Ren. When The Force Awakens was released with a BB-8 set, collectors were persuaded that it was another essential item.
2021 onwards sets for adults
LEGO has begun offering adult collectors unique pieces like the UCS AT-AT and the helmet series featuring Darth Vader, The Mandalorian, and Captain Rex. This shows that LEGO now targets younger audiences and adult collectors.
Most Valuable set for Canadian collector
Top 14 valuable sets
In this section, we will provide a list of the 15 most valuable LEGO sets for Canadian Collectors
- San Diego Comic-Con 2013 Spider-Man
- 4000012 Piper Airplane
- Ole Kirk’s House
- 106 UNICEF Van
- Han Solo and Indiana Jones Transformation Chamber
- Mr. Gold
- 375-2 Castle
- 4000031 Exclusive T-Rex
- 10123 Cloud City
- Star Wars Miniland Figures
- 4000042 The Vault Memory Lane
- 4000000 Cars
- 1584-1 Knight’s Challenge
- LEGO Star Wars Toy Fair 2005 Anakin Skywalker
LEGO Set | New and Sealed Set | Secondary Market Prices | |
Product name | Estimated Value | Average Annual Growth Rate | Used Set Price range |
San Diego Comic-Con 2013 Spider-Man | $16,000 | 10.8% | $13,717-$15,562 |
4000012 Piper Airplane | $13,000 | 8.5% | $5,000-$ 8,000 |
Ole Kirk’s House | $12,185 | 34.3% | $9,921-$11,256 |
106 UNICEF Van | $11,093 | 8% | $6,005-$7,050 |
Han Solo and Indiana Jones Transformation Chamber | $10,078 | 35.4% | $8,057-$9,141 |
Mr. Gold | $6,000 | 17% | $3,069-$3,936 |
375-2 Castle | $8,750 | 11.6% | $2,500-$3,350 |
4000031 Exclusive T-Rex | $8,739 | 5% | $7,071-$8,022 |
10123 Cloud City | $8,340 | 10.5% | $3,500-$4,937 |
Star Wars Miniland Figures | $8,324 | 39.3% | $6,527-$7,405 |
4000042 The Vault Memory Lane | $11000 | 15.2% | $4,431 to $8,944 |
4000000 Cars | $7,547 | 30.4% | $5,000-$6,000 |
1584-1 Knight’s Challenge | $7,000 | 17.5% | $3,000-$5,000 |
LEGO Star Wars Toy Fair 2005 Anakin Skywalker | $5,000 | 31.2% | $4,000-$5,000 |
Condition grading guide
The condition of the product affects its price. Products in good condition command higher prices, while those in poor condition are worth less. Here is the basic breakdown of different conditions:
- Sealed are the highest in value.
- Open-box product complete sets have moderate value.
- Without a box and manual, the product has a lower price.
- Damaged products or missing parts have a lower value than average.
Here is a tip you can follow if you have a LEGO set and you plan to sell it: Always keep the original boxes and manuals. This increases the overall value of the product.
Regional Value Variation:
Prices of the product vary according to region. If the area has large markets, then prices would be high. In small towns and cities, prices are comparatively low, but some may be high because of the scarcity and rarity of pieces.
Canadian Market Specific
Retailer
In Canada, LEGO sets are available in many retailers, including the following:
- 2-Dimensional life
- LEGO Official Online Store
- Toy R US Canada
- Best Buy Canada
- Walmart Canada
- Mastermind Toys
Provincial Pricing Differences
The rates would be different province-wise because of the taxes.
- Alberta has no provincial sales tax; only 5% of the federal GST applies.
- In British Columbia, Provincial sales tax is 7%, and GST is 5%, so you must pay 12% tax.
- Ontario HST combined GST and PST is 13%.
- Quebec sales tax is around 10%, and the GST is 5%, for around 15%.
- Manitoba’s GST is 5%, and PST is 7%; this tax is 12%.
Cross-border shipping guide
If you purchase a product from the international market, it will be costly. The product may be low-priced, but shipping costs and the exchange rate will make it expensive. Also, you can face a warranty issue with imported products.
Canadian LEGO VIP Program
Joining the Canadian LEGO VIP program will give you benefits. This program rewards customers with points based on purchases, bookings, etc. Each point gives you $1 in discounts. You can have exclusive rewards and early access to new products.
Investment Strategy
From the most valuable set for the Canadian, you can have an idea that the Star Wars LEGO set could be a side hustle for many Canadian toy collectors. With the right strategy, you can invest and increase your profit margin. This section will give tips and tricks you can follow.
Investment grade set identification
Investment potential varies by product; not all LEGO sets have it. Products that are part of the vintage line, limited edition or ultimate collector series have a lot of potential for investment. You can also research before investing what products are in demand for the long run and why this will help you in your journey.
Canadian tax considerations
In Canada, LEGO is considered personal property; if you sell your LEGO set at a profit margin, taxes will be applied. You should have all the purchasing documents, authentication card etc all these affect its price in the long run.
Holding period analysis
Usually, Star Wars LEGO sets increase in value after 2-5 years. If a set is too old, it may affect its price if the company re-releases the product. Set a reminder that will help you remember about the product and market check.
Authentication guide
New collector starting point
If you are a beginner to Star Wars LEGO sets and need a guide that helps you build a valuable collection, then this section will help you get the high-value products.
- Start your collection with mid-range products and gradually build it.
- Join the collector group and communities like Facebook, Kijiji, and Reddit. These platforms are great for advice, selling, and buying.
- Keep your product clean and away from dust and the sun because this will damage your product.
- Use apps like Brickset and Rebrickable to track your collection’s value and plan future purchases. To control humidity, store sets with silica gel packets.
- If you have limited display, you can use under-bed drawers as storage.
- In winter, use a humidifier; in summer, use a dehumidifier because indoor heating causes dry air, and summer brings humidity issues.
Conclusion
The Star Wars LEGO set collection is a rewarding journey that blends passion and investment. As a Canadian toy collector, understanding the Canadian market, challenges, and value trends will help you build a valuable collection. Stay informed, connect, and, most importantly, enjoy your collection.
FAQs
Why is Star Wars LEGO expensive in Canada?
The Star Wars War LEGO set is expensive in Canada because of its craftsmanship, licensing fee, collectibility, and brand itself.
What is the largest LEGO set?
Millennium Falcon is the largest LEGO set with 75192 pieces.
What is the oldest LEGO set?
The oldest LEGO set was the #700/1 Gear wheels.
What is the rarest LEGO colour?
The chrome black Darth Vader helmet is the rarest LEGO color.