Set 40631
Gandalf the Grey and Balrog
Retired Oct 2024Retail price$19.99What LEGO charged
Worth now$36.07Based on 26 recent sealed sales
Asking now$44.98Typical price on 35 eBay listings
vs retail+80%Worth more than it cost
Proven performer
Up 80% on its $20 retail price since retiring. Pay under $13 to still make a margin reselling.
How much is LEGO 40631 Gandalf the Grey and Balrog worth?
LEGO 40631 Gandalf the Grey and Balrog is worth about $36.07 sealed right now, based on 26 recent sealed sales. That's 80% above its $19.99 retail price. It came out in 2023 with 348 pieces. It was retired in Oct 2024. Its typical asking price has held steady over the last 82 days. We last checked it 7 days ago.
Price history
Value history
Oct 18$4535 listings
- Lowest
- $41
- Highest
- $46
- Change
- 0%
- Asking vs retail
- +125%
26 observations · median asking · rechecked 8× daily
Should you buy it?
Sellers want $45, but it’s actually been going for $36. Offer low.
If you bought it to resell
Sells sealed for$36
Marketplace fees · 15.25%−$6
Payment processing · 2.9% + $0.30−$2
Shipping · est. from 348 pieces−$13
Reaches you$16
Pay no more than$12
For a 30% return at your costs. Change them and every figure on the site follows.
What it actually sold for
Sealed
$36
26 sold in six months · $25–$50Used
$20
1 sold in six monthsSellers are asking 25% more than buyers actually paid. The $45 figure above is a ceiling; this is the floor to negotiate toward.
Completed BrickLink transactions over the last six months. Real sales, not asking prices.
Set details
- Set number
- 40631
- Theme
- Brickheadz
- Released
- 2023
- Status
- Retired Oct 2024
- Pieces
- 348
- Minifigures
- —
- Retail price
- $19.99
- Value per piece
- $0.129
- Price confidence
- high · 35 listings
- Last checked
- 7 days ago
Where these numbers come from
eBay35 live listingsThe asking price here — the median of what sellers want right now, $45. Last checked Oct 18.See the listings →BrickLink26 completed salesWhat it actually sold for — $36 across six months of real transactions. Last checked Oct 24.Open the price guide →Catalogue348 piecesPiece counts, minifigures, release year and retail price come from Rebrickable and Brickset. Retail was $20.See the catalogue entry →
eBay links are affiliate links — if you buy after clicking, we earn a small commission at no cost to you, and that is what pays for the site. BrickLink has no such programme, so those are plain links. Neither changes what we show or what we say about it.
How to read this. The value is the median of live sealed listings, after removing instructions, empty boxes, used sets, multi-set lots and implausible outliers. Real sale prices usually land below asking, so the buy-below figure is deliberately the conservative end of the range.
More Brickheadz sets from around 2023
See all →
▲ 95% vs retailRetired40632 · 2023Aragorn and ArwenBrickheadz · 261 pcs$3933 listings · retail $20Holding value
▲ 67% vs retailRetired40630 · 2023Frodo & GollumBrickheadz · 184 pcs$2537 listings · retail $15Holding value
▲ 130% vs retailRetired40627 · 2023Sonic the HedgehogBrickheadz · 139 pcs$2330 listings · retail $10Proven performer
▲ 130% vs retailRetired40626 · 2023ZombieBrickheadz · 81 pcs$2325 listings · retail $10Proven performer