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80109 LEGO Lunar New Year Ice Festival. Snap up this LEGO Chinese New Year cracker today. The Lunar New Year is a massive celebration for millions of people around the world. It is a celebration of the arrival of spring and the beginning of a new year on the lunisolar calendar. Not only is it the most important holiday in China, it is also widely celebrated in South Korea, Vietnam, and also countries with a large overseas Chinese population.
As a relatively new LEGO® series, the Chinese Traditional Festivals sets are currently in their fourth year, appealing to a wide audience as LEGO aim to continue to capture imaginations as a global brand celebrating different cultures.
Set Details
Released for 2022, and celebrating the Year of the Tiger, LEGO set 80109, recreates a New Year Ice Festival, complete with a host of winter activities based around a frozen skating lake. Although this may not be a traditional way to celebrate the Chinese New Year, inspiration for the set could be found in the Harbin International Ice and Snow festival, located in in Harbin, Heilongjiang, China.
Aimed at ages 8+ and with 1,519-pieces this highly detailed set is a great family build. Numerous additional elements including equipment rental shop, sweet potato vendor’s cart, chun ice sculpture, penguin-shaped sled, ski slope and more can be animated by no less than 13 minifigures as they enjoy the ice skating rink and it’s surroundings. The Minifigures in this set really add to the fun with their accessories which include ice skates, a hockey puck, smartphone and tools. To celebrate the Year of the Tiger, one of the Minifigures is even dressed in a tiger outfit.
The set not only makes a great interactive toy, but also a large centrepiece measuring 17 cm high, 39 cm wide and 26 cm deep.
| Model Name | Lunar New Year Ice Festival |
| Model Number | 80109 |
| Theme | Seasonal |
| Sub Themes | Chinese Traditional Festivals |
| Pieces | 1519 |
| Minifigures | 13 |
| Column Launch Date | December 2021 |
| Current Status | Current |
| Date Retired | N/A |
| RRP | £90 |
Investment Potential
The Chinese New Year models within the Chinese Traditional Festivals sub-theme are consistent with the sub theme in that all of the models have short shelf lives and have decent post retirement growth. Readily available to purchase currently from the LEGO store for £89.99
albeit retiring in December so don’t hesitate to purchase.The value is strengthened by the 13 minifigures, all of which are unique to this set, which together have a combined value of close to 1/3rd of the sets overall value. Hol258 Year of the Tiger Guy is the most valuable of these with a current value of £10.
| Launch RRP | £90 |
| Price Per Piece | £0.06 |
| Launch Price per piece | £0.06 |
| Current Value | £90 |
| Growth to Date | N/A |
| Annualised Growth Since Retirement | N/A |
| 1st Year Value | £101 |
| Percentage Increase | 12% |
| 5th Year Value | £142 |
| Percentage Increase | 58% |
| Expected Annual Growth | 9% |
Theme Analysis
Within the seasonal theme is the popular sub-theme of Chinese Traditional Festivals. There have so far been 11 sets of which 8 are now retired. These sets have a very short shelf life with none having been available at retail sale for 12 months (the average is 8 months).
| Set Number | Set Name | Retired Date | RRP | Current Value | Total Growth | Annualised Growth |
| 80102 | Dragon Dance | December 2019 | £60 | £162 | 170% | 38% |
| 80103 | Dragon Boat Race | November 2019 | £45 | £44 | -2% | -2% |
| 80104 | Lion Dance | December 2020 | £65 | £87 | 34% | 15% |
| 80107 | Spring Lantern Festival | December 2021 | £90 | £115 | 28% | 26% |
Comparable Set Analysis
There have been 2 “Chinese New Year” sets within the sub-theme and these are the best comparators for this set. As you can see both have seen strong price growth since retirement (averaging over 20% annualised growth) and this strongly underpins the future value of this set.
| Set Number | Set Name | Retired Date | RRP | Current Value | Total Growth | Annualised Growth |
| 80101 | Chinese New Year’s Eve Dinner | December 2019 | £90 | £194 | 116% | 29% |
| 80105 | Chinese New Year Temple Fair | December 2020 | £90 | £123 | 37% | 16% |
Conclusion
Another great looking Chinese New Year set, which will be a great investment if it follows the track record of the two previously retired sets. All bar 1 of the sets within the sub theme have shown decent post-retirement growth which helps to underpin our forecast for decent medium-term growth. The 13 included minifigures account, all of which are unique to this set, account for a decent proportion of the value of the set.
