Lego Millennium Falcon could set new auction record

BracyBoy

BracyBoy

2016-02-19 15:32:10

A collector's edition Millennium Falcon could be about to set a new auction record as the world's most valuable Lego set.

When it was first released in 2007, the Ultimate Collector's Series Millennium Falcon was the world's largest Lego set, featuring 5197 bricks and measuring almost a meter in length.

The sets originally retailed for around £500, and were released in limited numbers with certificates of authenticity. Now discontinued, the sets are highly sought-after amongst the growing community of serious Lego collectors around the world.

The rising value of Lego as a collectible has even led to the creation of a price index which tracks the value of rare sets against the stock market. Research in 2015 showed that the value of the Ultimate Millennium Falcon had risen almost 30% per annum since its release, with mint-condition sets now selling for more than $4,000.

The unopened set currently up for sale through online auction site Catawiki is expected to sell for £3,090-£4,630 (approx. $4,000-$6,500), which would set a new record for a Lego set at auction.

“This particular set is a collector’s dream as the 2007 Millennium Falcon is not only one of the most spectacular pieces ever made by Lego but also one of the most sought after," said Catawiki’s specialist Lego expert Gerben van Ijke.

"To find one that is still in a mint condition, unopened box is incredibly rare and makes this lot particularly special. We expect to see a flurry of bids when this goes to auction."

The online sale ends on Saturday, February 27.

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