Lego Titanic
Lego Titanic 10294 Lego Lego Icons Set

10294 LEGO Titanic. Build this LEGO Icons set if you have the room to display. As one of the most famous tragedies of the last Century, the story of the iconic ship, the Titanic, is renowned across the globe. 

The ship, which was thought to be unsinkable, set sail on its maiden voyage, traveling from Southampton, England, to New York City on April 10, 1912. On board were over 2,200 passengers and crew, little did they know that in the early hours of the 15th of April, over 1,500 people would lose their lives as the ship tragically sank.

The story of the Titanic has been turned into many books, movies and musicals over the years and so it is not surprising that LEGO also released their tribute to it.

Set Details

Launched in November 2021 the LEGO Icons Creator Expert set is an authentic scale model, designed in 3 sections. Each section, bow, mid-section and stern is separated in its own box, detailed with the line drawings covering all the faces of the box showing different angles of the ship, focusing primarily on the section you’re building. One of the largest LEGO sets ever created, the ship measures over 135cm long and 44 cm high. With 9090 pieces the level of detail is loyal to the original, with over 300 portholes, distinctive funnels, the bridge and lifeboats being represented. Cross sections reveal dining rooms, staircases, cabins, steam engines and more. 

The ship is a great build, and while you might think that many specialist parts would be used, this is not the case, apart from new vinyl flags and some bow lettering.  Typewriter keys are used for the Titanic lettering, with no stickers to be seen. Some might also think that there is an absence of mini figures, but this shows the LEGO design to really be about the model of the ship.

The set really is a true icon and will appeal to a wide variety of LEGO and history lovers, although if building, rather than investing, a large place to display the finished model will be needed!

Model Name Titanic
Model Number 10294
Theme Icons
Sub Themes
Pieces 9090
Minifigures 0
Column Launch Date November 2021
Current Status Current
Date Retired N/A
RRP £590

Investment Potential

If you were looking at just the numbers then it seems difficult to recommend the Titanic set as an investment currently. The set has only been in circulation for just under a year and it is likely that it has at least 2 more years and possibly as many as 4 years availability before being retired from retail sale. If this holds true, we expect the value to remain close to the level of the RRP until it is retired, at which time we can expect to see an uplift in value. Obviously, an earlier than expected retirement would lead us to be more inclined to buy this as an investment sooner.

On the other hand, there seems to be very limited availability of the set at retail (if you are looking to buy then set up a stock notification on the LEGO site here) and in the longer term, especially once the set is retired from retail sale, then this iconic model is expected to continue to prove popular and should become a decent investment for the longer term as demand holds strong and supply wanes.

Launch RRP £590
Price Per Piece £0.06
Launch Price per piece £0.06
Current Value £590
Growth to Date 0%
Annualised Growth Since Retirement N/A
1st Year Value £590
Percentage Increase 0%
5th Year Value £729
Percentage Increase 24%
Expected Annual Growth 5%

Theme Analysis

In general, the LEGO Icons theme is not a category that instantly springs to mind when looking for investment sets, although there are definitely some exceptions within it. It contains 72 sets across 10 different sub-themes covering quite a broad set of subject matters, many of which are still currently available for retail sale.

Set Number Set Name Retired Date RRP Current Value Total Growth Annualised Growth
10234 Sydney Opera House November 2016 £250 £291 16% 3%
10254 Winter Holiday Train December 2019 £70 £158 126% 33%
10272 Old Trafford N/A £245 £245 N/A N/A

Comparable Set Analysis

Looking at some closer examples within the Icons theme, again we can see relatively limited growth across these sets, albeit most are close to their release date

Set Number Set Name Retired Date RRP Current Value Total Growth Annualised Growth
10276 Colosseum N/A £475 £475 N/A N/A
10253 Big Ben July 2016 £170 £322 89% 12%
10256 Taj Mahal November 2020 £300 £320 7% 3%
10261 Roller Coaster March 2022 £300 £335 12% 18%

Conclusion

The continued retail availability along with the disappointing annual growth figures from the Icons theme along with the price point at nearly £600 mean in the short to medium term there are better LEGO® investment options out there.

Currently we would only recommend this set as one to build if you fancy the challenge of over 9,000 pieces and a finished model at over 1m long! As an investment, there is definitely long-term potential but less so in the short term, so the timing of purchase closer to the sets retirement from retail would be the best approach, along with revisiting the financial performance of some of the other comparable LEGO Icon sets.