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550 LEGO Basic Building Set
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550 LEGO Basic Building Set
  • Basic Building Set thumbnail
  • Basic Building Set thumbnail

LEGO 550 Basic Building Set is a vintage Basic set from 1985 valued at $354 for new and sealed sets, up 742% from an original retail price of $42.00. Annual appreciation has averaged 5.01% since release. On the used market, values range from $44 to $54 based on condition.

Basic Building Set Value (New/Sealed)

This chart represents the current new/sealed value of the set Basic Building Set since November 2016. High accuracy
LEGO 550-1 Basic Building Set is a Basic theme set released in 1985, containing 569 pieces and 2 Classic Town minifigures. It is a large general-purpose assortment designed for open-ended building typical of the Basic line. The set includes a broad selection of standard elements suitable for constructing simple structures, vehicles, and other everyday models. Its elements include a broad mix of bricks, slopes, plates, modified bricks, a wind-up motor with key, wheels & tires, windows, doors, string, propellers, and two 16×16 baseplates.

Basic Building Set has climbed about 5.0% a year since retirement and is worth around $354 sealed. If the forecast is right, it keeps going, to about $449 in five years. The average used price is $45 for those in good overall condition. New and sealed listings currently range from $345 to $425.
All regions

For Sale (New/Sealed)

 (JP) Basic: Basic Building Set (540) (new&sealed) $345.35
-2.3%
(PL) 555 Basic Building Set (1983) - Brand New Sealed in Original Box $425.00
+20.2%

Basic Building Set Minifigs

Basic Building Set contains 2 minifigures.
pln133
Female with Plain Red Torso
Minifigure with a plain red torso and arms, light gray legs, and black female hair - pln133
2 sets
Value $14.18
pln102
Male
Minifigure with a plain white torso and arms, black legs, and brown male hair - pln102
13 sets
Value $14.17

More sets in Basic

540 Basic Building Set

Theme Basic
Year 1985
Pieces / Minifigs 626 / 2
Availability Retired
540 LEGO Basic Building Set
Retail $19.95
Value $97.83
Growth  +390.4%
Annual growth 3.3%

740 Basic Building Set

Theme Basic
Year 1985
Pieces 516
Availability Retired
740 LEGO Basic Building Set
Retail $60.00
Value $277.07
Growth  +361.8%
Annual growth 3.8%

730-2 Basic Building Set

Theme Basic
Year 1985
Pieces / Minifigs 429 / 2
Availability Retired
730-2 LEGO Basic Building Set
Retail $30.00
Value $124.50
Growth  +315.0%
Annual growth 3.5%

720 Basic Building Set

Theme Basic
Year 1985
Pieces / Minifigs 334 / 1
Availability Retired
720 LEGO Basic Building Set
Retail $25.00
Value $254.10
Growth  +916.4%
Annual growth 5.4%

350-2 Basic Building Set

Theme Basic
Year 1985
Pieces / Minifigs 311 / 4
Availability Retired
350-2 LEGO Basic Building Set
Retail $14.95
Value $387.81
Growth  +2494.0%
Annual growth 8.7%

530 Basic Building Set

Theme Basic
Year 1985
Pieces / Minifigs 269 / 2
Availability Retired
530 LEGO Basic Building Set
Retail $14.95
Value $107.23
Growth  +617.3%
Annual growth 3.3%

340 Basic Building Set

Theme Basic
Year 1985
Pieces / Minifigs 214 / 2
Availability Retired
340 LEGO Basic Building Set
Retail $2.95
Value $78.26
Growth  +2552.9%
Annual growth 8.3%

1962 Basic Building Set

Theme Basic
Year 1985
Pieces / Minifigs 211 / 1
Availability Retired
1962 LEGO Basic Building Set
Retail $15.00
Value $256.31
Growth  +1608.7%
Annual growth 4.2%

1520 Basic Building Set with Storage Case

Theme Basic
Year 1985
Pieces / Minifigs 210 / 1
Availability Retired
1520 LEGO Basic Building Set with Storage Case
Retail $16.49
Value $210.63
Growth  +1177.3%
Annual growth 6.4%

520 Basic Building Set

Theme Basic
Year 1985
Pieces / Minifigs 165 / 1
Availability Retired
520 LEGO Basic Building Set
Retail $12.95
Value $42.07
Growth  +224.9%
Annual growth 2.9%

330 Basic Building Set

Theme Basic
Year 1985
Pieces / Minifigs 156 / 2
Availability Retired
330 LEGO Basic Building Set
Retail $9.95
Value $120.75
Growth  +1113.6%
Annual growth 6.3%

510 Basic Building Set

Theme Basic
Year 1985
Pieces 106
Availability Retired
510 LEGO Basic Building Set
Retail $3.50
Value $65.16
Growth  +1761.7%
Annual growth 6.3%

320 Basic Building Set

Theme Basic
Year 1985
Pieces / Minifigs 77 / 1
Availability Retired
320 LEGO Basic Building Set
Retail $7.97
Value $43.17
Growth  +441.7%
Annual growth 3.8%

508 Basic Building Set

Theme Basic
Year 1985
Pieces 66
Availability Retired
508 LEGO Basic Building Set
Retail $4.95
Value $20.21
Growth  +308.3%
Annual growth 2.3%

310-4 Basic Building Set

Theme Basic
Year 1985
Pieces 46
Availability Retired
310-4 LEGO Basic Building Set
Retail $5.00
Value $32.83
Growth  +556.6%
Annual growth 2.9%

504 Basic Building Set

Theme Basic
Year 1985
Pieces 41
Availability Retired
504 LEGO Basic Building Set
Retail $3.95
Value $44.53
Growth  +1027.3%
Annual growth 5.8%

1548-2 Helicopter

Theme Basic
Year 1985
Pieces 36
Availability Retired
1548-2 LEGO Helicopter
promotional
Value $113.83
Annual growth 3.1%

1562-2 Basic Building Set

Theme Basic
Year 1985
Pieces 32
Availability Retired
1562-2 LEGO Basic Building Set
Retail $4.00
Value $8.83
Growth  +120.8%
Annual growth 2.0%

1965 Building Set Trial Size Offer

Theme Basic
Year 1985
Pieces / Minifigs 32 / 1
Availability Retired
1965 LEGO Building Set Trial Size Offer
Retail $1.50
Value $125.00
Growth  +8233.3%
Annual growth 12.2%

304 Basic Building Set

Theme Basic
Year 1985
Pieces 31
Availability Retired
304 LEGO Basic Building Set
Retail $2.00
Value $14.83
Growth  +641.5%
Annual growth 3.5%

308-2 Basic Building Set

Theme Basic
Year 1985
Pieces 30
Availability Retired
308-2 LEGO Basic Building Set
Retail $3.00
Value $25.00
Growth  +733.3%
Annual growth 5.3%

1964 Basic Building Set

Theme Basic
Year 1985
Pieces 27
Availability Retired
1964 LEGO Basic Building Set
Retail $1.49
Value $64.46
Growth  +4226.2%
Annual growth 8.0%

1546 Aircraft

Theme Basic
Year 1985
Pieces / Minifigs 26 / 1
Availability Retired
1546 LEGO Aircraft
promotional
Value $103.41
Annual growth 10.2%

1551 Duck

Theme Basic
Year 1985
Pieces 6
Availability Retired
1551 LEGO Duck
Retail $0.40
Value $5.21
Growth  +1202.5%
Annual growth 8.5%

293-2 Basic Building Set

Theme Basic
Year 1985
Availability Retired
293-2 LEGO Basic Building Set
Retail $7.00

Basic Building Set Questions

What is the current value of LEGO 550 Basic Building Set?

Sealed in its box, Basic Building Set is currently valued at $354. Used copies are worth about $45.

Is LEGO 550 Basic Building Set still available?

No. Basic Building Set has been retired by LEGO. Collectors now buy it on the secondary market, from sellers on sites like eBay and BrickLink.

How has LEGO 550 Basic Building Set performed since its release?

Since it sold for $42.00 in shops, Basic Building Set has risen 742% in value, or roughly 5% a year on average. It has outgrown the Basic average of 3.8% a year by a clear margin.

What is the one-year forecast for LEGO 550 Basic Building Set?

In twelve months, Basic Building Set could be worth around $375, about 6% more than today. Like any forecast, this is an estimate.

What comes in LEGO 550 Basic Building Set?

Basic Building Set has 569 pieces ($0.07 a piece at its retail price), and 2 minifigures: Female with Plain Red Torso and Male. Together the minifigures are worth about $28, and Female with Plain Red Torso is the most valuable at $14.

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Basic Building Set Reviews

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About Basic

The LEGO Basic theme, which began in the 1970s, was designed to be a more general, non-thematic series of sets. Unlike the themed sets that revolve around specific stories, characters, or concepts (e.g., space, city, or pirates), the Basic theme provided a collection of standard LEGO bricks and pieces, often in a variety of colors. The goal was to encourage free building and creativity without the confines of a specific theme or narrative.
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