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700-12 LEGO Automatic Binding Bricks thumbnail image

700-12 LEGO Automatic Binding Bricks
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700-12 LEGO Automatic Binding Bricks
  • Automatic Binding Bricks thumbnail
  • Automatic Binding Bricks thumbnail

LEGO 700 Automatic Binding Bricks is a vintage Mursten set from 1954 valued at $6,207 for new and sealed sets, up 310248% from an original retail price of $2.00. Annual appreciation has averaged 11.82% since release. Used copies are valued between $457 and $2,191 depending on condition.

Set Value (New/Sealed)

This represents the current new/sealed value of the set Automatic Binding Bricks since January 1954. Medium accuracy
The LEGO Automatic Binding Bricks (700-12) was a 142 piece Mursten set release in 1954. The first Automatic Binding Brick sets were known as Gaveæske, Gift Sets. which later became just LEGO. This was the very first set for sale, part of the 700 series and was only sold in Denmark. Bricks in the 700 set had no LEGO text embossed anywhere and were available in red, white, yellow, light green, and medium blue. In local retailers the 700 set did not sell particularly well and many were returned unsold to LEGO. Based on current trends, this set could be valued near $6,713 within the next year.
Automatic Binding Bricks is an incredibly rare set. Set 700-12 has not been available for sale online or in retail stores in new/good condition for over one year. Boxes in well-preserved condition are considered museum-grade collectibles, representing the very origins of LEGO. Its true market value is likely higher than the current estimate. The last brand new Automatic Binding Bricks was sold on eBay.
There are currently no new/sealed listings available for Automatic Binding Bricks at this time.
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Sets in Mursten / Basic Set

700-2-3 Gift Package

Theme / Subtheme Mursten / Basic Set
Year 1956
Availability Retired
700-2-3 LEGO Gift Package
Retail $3.25

700-2-1 Gift Package

Theme / Subtheme Mursten / Basic Set
Year 1956
Availability Retired
700-2-1 LEGO Gift Package
Retail $3.50

700-3-2 Gift Package

Theme / Subtheme Mursten / Basic Set
Year 1956
Availability Retired
700-3-2 LEGO Gift Package
Retail $2.50
Value $3,453.74
Growth  +138049.6%
Annual growth 10.9%

700-4-3 Gift Package

Theme / Subtheme Mursten / Basic Set
Year 1956
Availability Retired
700-4-3 LEGO Gift Package
Retail $1.50
Value $2,911.39
Growth  +193992.7%
Annual growth 11.4%

700-5-2 Gift Package

Theme / Subtheme Mursten / Basic Set
Year 1956
Availability Retired
700-5-2 LEGO Gift Package
Retail $1.25
Value $4,049.85
Growth  +323888.0%
Annual growth 12.2%

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Automatic Binding Bricks Reviews

12 reviews
4.9
Collectors
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BrickEconomy Expert Review
“This early Automatic Binding Bricks set presents a very simple construction system built around smooth-sided bricks and shallow interlocking, resulting in structures that rely more on balance than mechanical grip. The design highlights LEGO’s initial approach to modular building, with doors, windows, and walls integrated through slots rather than modern stud-and-tube connections.”
 

About Mursten Basic Set

LEGO Mursten, produced between 1949 and 1953, were the first plastic building blocks by the LEGO Group. These early sets, known as LEGO Basic Sets, included simple, hollow rectangular bricks without the modern stud-and-tube locking mechanism. Sold primarily in Denmark and a few European countries, these sets laid the groundwork for the modern LEGO system. In 1953, the Mursten evolved into "Automatic Binding Bricks," featuring an improved design that eventually led to the patented stud-and-tube system in 1958, which greatly enhanced the stability and versatility of LEGO constructions.

Basic Set consists of 6 sets that ran from 1954 to 1956. As of today, 700-12 Automatic Binding Bricks is the most valuable Basic Set set with an estimated new/factory sealed value of $6,207.
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Build houses, cars, ships and more with these colorful plastic building bricks.
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