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Sets
Seasonal
Christmas
Christmas Reindeer Ornament

854038 LEGO Christmas Reindeer Ornament

Name: LEGO Christmas Reindeer Ornament
Brand: LEGO
SKU: 854038-1
Availability: InStock
Rating: 4.70 (23 reviews)

Images 3Description 1

LEGO 854038 Christmas Reindeer Ornament is a Seasonal set valued at $15 for new and sealed sets, up 88% from an original retail price of $7.99. The set retired in March 2022 with annual appreciation averaging 9.31% since. On the used market, values range from $12 to $14 based on condition. Secondary market prices for new and sealed sets typically fall between $15 and $18.

Set Value (New/Sealed)

This chart represents the current new/sealed value of the set Christmas Reindeer Ornament since March 2022. Very high accuracy

LEGO 854038 Christmas Reindeer Ornament is a Seasonal Christmas set released in 2020, containing 34 pieces. It builds a reindeer displayed inside a transparent bauble and includes a red ribbon for hanging. The bauble measures over 16 cm (6 in) high and 7 cm (2 in) wide.

A new and sealed Christmas Reindeer Ornament is currently valued at around $15, with annual growth of approximately 6%. The average used price is $12 for those in good overall condition. New and sealed listings currently range from $15 to $20. While long-term growth remains positive, recent trends indicate the rate of appreciation is slowing. The set was available for 17 months, from October 2020 to March 2022.

All regions

All regions 65
United States 62
Canada 1

For Sale (New/Sealed)

	(US) Seasonal: Christmas Ornament Reindeer Set 854038 New Sealed	BrickEconomy Choice $10.99
	(US) Holiday Seasonal Reindeer Ornament Bauble Set 854038	$10.99 -26.7%
	(US) Seasonal 854038: Christmas Ornament Reindeer (Brand New / Sealed)	$11.69 -22.1%
	(US) Seasonal: Christmas Ornament Reindeer (854038)	$12.92 -13.9%
	(US) BrickLink store Las Vegas Bricks	$12.95 -13.7%
	(US) Seasonal: Christmas Ornament Reindeer (854038)	$12.99 -13.4%
	(US) BrickLink store Swoffs Bricks	$12.99 -13.4%
	(US) BrickLink store The Architect	$13.00 -13.3%
	(CA) Christmas Ornament 854038 Reindeer Brand New Sealed	$14.22 -5.2%
	(US) SEALED Makes a great stocking suffer for the little builder in your home	$14.40 -4.0%
	(US) BrickLink store Primm's Pieces	$14.94 -0.4%
	(US) 854038: Reindeer Christmas Ornament - NEW & SEALED - RETIRED	$14.95 -0.3%
	(US) New Lego Reindeer Christmas Bauble Ornament 854038 Buildable Reindeer Retired	$14.95 -0.3%
	(US) Holiday Seasonal Reindeer Ornament Bauble Set 854038 NWT	$14.97 -0.2%
	(US) 854038 Reindeer Ornament Christmas Building Toy Kit 34-Pieces BN	$14.98 -0.1%
	(US) Seasonal CHRISTMAS ORNAMENT REINDEER 854038 Holiday SEALED New	$14.99 -0.1%
	(US) BrickLink store BrickVibe	$14.99 -0.1%
	(US) BrickLink store BrickLover4Life	$14.99 -0.1%
	(US) # 854038 \| Christmas Reindeer Ornament - NEW - Retired	$15.00
	(US) 854038 Christmas Reindeer 34 Pcs Ornament	$15.00
	(US) NEW Lego Buildable REINDEER ornament in ball 854038 please see photos	$15.00
Show 43 more listings
	(US) Seasonal: Christmas Ornament Reindeer (854038)	$15.00
	(US) New Sealed 854038 Christmas Ornament Reindeer	$15.00
	(US) BrickLink store Kindall's Bricks	$15.00
	(US) BrickLink store The Building Block Shop	$15.00
	(US) BrickLink store BrixBrain.com	$15.00
	(US) NIB, sealed.	$15.00
	(US) BrickLink store Lady Brick Builder	$15.00
	(US) BrickLink store eLane Snapz	$15.44 +2.9%
	(US) Amazon listing for Christmas Reindeer Ornament	$15.75 +5.0%
	(US) Seasonal 2020 Christmas Ornament Reindeer 854038 NEW	$16.50 +10.0%
	(US) BrickLink store HitDaBrix	$16.53 +10.2%
	(US) Reindeer Ornament Collectable 34 Pieces Building Toys	$16.95 +13.0%
	(US) BrickLink store Wilder's Bricks	$16.97 +13.1%
	(US) BrickLink store ChicagoBrickyard	$17.00 +13.3%
	(US) BrickLink store Piece_Of_Mind_2	$17.38 +15.9%
	(US) Miscellaneous Series 854038 Christmas Ornament Reindeer	$17.50 +16.7%
	(PL) BrickLink store BlockKing	$17.64 +17.6%
	(US) Seasonal: Christmas Ornament Reindeer (854038)	$17.99 +19.9%
	(US) Seasonal: Christmas Ornament Reindeer (854038)	$18.00 +20.0%
	(US) Christmas Tree Ornament - Reindeer 854038 - 2020 Seasonal (SEALED)	$18.00 +20.0%
	(US) New Sealed LEGO 854038 Buildable Reindeer Christmas Ornament Holiday	$18.39 +22.6%
	(US) Christmas Reindeer Ornament 854038	$18.99 +26.6%
	(US) # 854038 \| Seasonal \| Christmas Reindeer Ornament NEW Sealed Retired	$18.99 +26.6%
	(US) # 854038 \| Christmas Reindeer Ornament Bauble Globe - NEW - Retired	$18.99 +26.6%
	(US) New in sealed package	$19.00 +26.7%
	(HK) BrickLink store Funny_bricks	$19.13 +27.5%
	(US) Seasonal Holiday Christmas 854038 Reindeer Ornament NEW SEALED	$19.47 +29.8%
	(US) Seasonal Holiday Christmas 854038 Reindeer Ornament New Sealed	$19.95 +33.0%
	(US) Seasonal: Christmas Ornament Reindeer (854038)	$19.98 +33.2%
	(US) Seasonal: Christmas Ornament Reindeer (854038)	$19.98 +33.2%
	(US) 2020 Christmas REINDEER Bauble Ball Ornament 854038 New 34pcs Sold Out	$19.99 +33.3%
	(US) LEGO Christmas Bauble Ornament #854038, REINDEER SOLD OUT	$19.99 +33.3%
	(US) 854038 Christmas Ornament NEW Sealed Retired Holiday Tree Decoration	$19.99 +33.3%
	(US) 854038 Reindeer Ball Ornament Brand New Free Shipping	$19.99 +33.3%
	(US) 854038 - Christmas Reindeer Ornament - NEW SEALED 6+ (34 pcs)	$19.99 +33.3%
	(US) Seasonal: Christmas Ornament Reindeer (854038)	$19.99 +33.3%
	(US) 854038 2020 Christmas Ornament Reindeer Gift Clear Retired	$20.00 +33.3%
	(US) CHRISTMAS ORNAMENT RETIRED REINDEER 854038 Holiday SEALED New Black Friday	$22.45 +49.7%
	(US) Seasonal: Christmas Ornament Reindeer (854038)	$24.00 +60.0%
	(US) 854038 Seasonal CHRISTMAS ORNAMENT REINDEER, 2020 - RETIRED, NEW	$24.95 +66.3%
	(US) NEW LEGO Holiday Seasonal Reindeer Ornament Bauble Set 854038 NWT 34 Piece Set	$24.99 +66.6%
	(US) Christmas 2020 Ornament Santa Claus 854037 & Reindeer 854038 New Sealed	$25.00 +66.7%
	(US) Christmas Ornament Reindeer - 854038	$25.00 +66.7%
	(US) \| Christmas Ornament Reindeer \| 854038 \| New \| In Hand \| Free Shipping	$25.99 +73.3%

Sales Distribution (Last 90 Days)

This chart shows the distribution of sales for the past three months of new/sealed 854038 Christmas Reindeer Ornament.

Sale Trends

This chart shows the sales trends (number sold) of new/sealed 854038 Christmas Reindeer Ornament.

Related Sets


	854037 Christmas Ornament Santa Theme / Subtheme Seasonal / Christmas Year 2020 Pieces 44 Availability Retired Buy this set at Amazon eBay	Retail $7.99 Value $20.37 Growth +154.9% Annual growth 10.2% I own this set I want this set

Sets in Seasonal / Christmas


	40426 Christmas Wreath 2-in-1 Theme / Subtheme Seasonal / Christmas Year 2020 Pieces 510 Availability Retired Buy this set at Amazon eBay StockX Bricklink	Retail $39.99 Value $49.71 Growth +24.3% Annual growth 3.9% I own this set I want this set

	40410 Charles Dickens Tribute Theme / Subtheme Seasonal / Christmas Year 2020 Pieces / Minifigs 333 / 3 Availability Retired Buy this set at Amazon eBay StockX Bricklink	promotional Value $41.44 Annual growth 36.3% I own this set I want this set

	40416 Ice Skating Rink Theme / Subtheme Seasonal / Christmas Year 2020 Pieces / Minifigs 304 / 2 Availability Retired Buy this set at Amazon eBay	Retail $19.99 Value $24.00 Growth +20.1% Annual growth 3.3% I own this set I want this set

	40424 Winter Snowball Fight Theme / Subtheme Seasonal / Christmas Year 2020 Pieces / Minifigs 149 / 2 Availability Retired Buy this set at Amazon eBay Bricklink	Retail $12.99 Value $24.99 Growth +92.4% Annual growth 12.1% I own this set I want this set

	854050 Snowman & Reindeer Duo Theme / Subtheme Seasonal / Christmas Year 2020 Pieces 126 Availability Retired Buy this set at Amazon eBay Bricklink	Retail $9.99 Value $18.86 Growth +88.8% Annual growth 16.7% I own this set I want this set

My Collection

I own this set

I want this set

Set Details

Set number

854038-1

Name

Christmas Reindeer Ornament

Theme

Seasonal

Subtheme

Christmas

Year

2020

Released

October 2020

Retired

March 2022

Availability

Retired

Pieces

34 (PPP $0.24)

Set Pricing

Retail price

$7.99

New/Sealed

Value

$15.00

Growth

+87.73%

Annual growth

+9.31% Decreasing

Rolling growth

+2.63% (Previous 12 months)

90-day change

-2.32%

Used

Value

$12.45

Range

$12.43 - $14.11

Quick Buy

eBay

Buy

Lowest price

$10.99

Highest price

$25.99

Amazon

Buy

Price

$15.75

Bricklink

Buy

Lowest price

$9.82

Highest price

$19.13

*Listings are for new/sealed sets.

Set Predictions

New/Sealed

Today's value

$15.00

1 year forecast

$16.40+9.31%

5 year forecast

$21.92+46.13%

$21

$23

854038 Christmas Reindeer Ornament is projected to be valued between $21 - $23 within five years.

Insights

Seasonal demand for holiday decorations drives recurring interest in the Christmas Reindeer Ornament (2020), but its small ornament format and absence of exclusive minifigures or unique molds limit long-term upside, and frequent new seasonal releases raise substitution risk alongside modest post-retirement gains.

Set Facts

The Christmas Ornament Reindeer set includes a buildable reindeer, a transparent display bauble, and a red ribbon for hanging.
The bauble measures over 6 inches (16 cm) high and 2 inches (7 cm) wide.
Christmas Reindeer Ornament was designed by LEGO designer Nina Koopmann.

Regional Retail Prices (LEGO.com/Store)

United States

$7.99

United Kingdom

£6.99

Canada

$9.99

Europe

€7.79

Australia

$12.99

Barcodes

UPC

673419332057

Christmas Reindeer Ornament Reviews

23 ratings

4.7

Collectors

Investors

Subtheme Analysis

Seasonal / Christmas

Sets

114

Years

1999 - 2025

Lifespan

18 mos (this set 17 mos)

Annual growth

+4.75% (this set +9.31%)

This set's annual growth (CAGR) vs. subtheme

Community Stats

Christmas Reindeer Ornament currently ranks #41 out of the top most owned sets in Seasonal Christmas.

#1Santa's Sleigh

#2Charles Dickens Tribute

#3Ice Skating Rink

#4Winter Elves Scene

#5Santa's Front Yard

#41Christmas Reindeer Ornament

#42Christmas Ornament Santa

#43Festive Gingerbread House

About Seasonal Christmas

LEGO Seasonal Christmas sets are special edition sets released annually to celebrate the Christmas holiday. These sets typically feature festive builds such as decorated Christmas trees, Santa Claus figures, reindeer, and holiday-themed scenes. These sets are designed to capture the holiday spirit and are popular for decorating homes during the Christmas season, as well as being cherished additions to LEGO collections.

Christmas currently consists of 114 sets that as of now has run from 1999 to 2025. As of today, 40489 Mr. and Mrs. Claus' Living Room is the most valuable Christmas set with an estimated new/factory sealed value of $251.

Summary

Seasonal Christmas Christmas Reindeer Ornament set 854038 was released in October 2020, retailing for $8, but has since been retired. New, unopened Christmas Reindeer Ornament sets are valued at $15, while used sets can be found for $12.

Kids and grown-ups who love LEGO® sets and the festive season will adore this LEGO® Christmas Ornament Reindeer (854038) buildable Christmas tree bauble set, featuring a cute reindeer in a transparent bauble. Have fun building the model, place it inside the bauble and attach the decorative ribbon to bring a touch of festive LEGO joy to any Christmas display.

Gather the family for festive decorating fun with this LEGO® Christmas Ornament Reindeer (854038) building set, featuring a cute, buildable reindeer, a transparent display bauble and a red ribbon for hanging.

Measures over 6” (16cm) high and 2” (7cm) wide. A great way to celebrate the festive season – LEGO® style.

Set Pricing Models

BrickEconomy uses a number of methods to determine the value of a set.

New/Sealed

Machine Learning/AI Model

Value (today)

$15.00

Value (in a year)

$16.40

Value (in 2 years)

$17.80

Accuracy

0.962500 Very high

Statistical Model

Value (today)

$16.40

Value (in a year)

(Possible plateau)

Value (in two years)

(Possible plateau)

Accuracy

0.220957 Very low

Used

Machine Learning/AI Model

Value (today)

$12.45

Value (low range)

$12.43

Value (high range)

$14.11

Accuracy

0.907500 High

To learn more about how we calculate pricing and forecasting, check out our article on BrickEconomy’s Approach to LEGO Pricing and Future Value Predictions.

Region · United States (USD)

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854038 LEGO Christmas Reindeer Ornament

Set Value (New/Sealed)

For Sale (New/Sealed)

Sales Distribution (Last 90 Days)

Sale Trends

Related Sets

854037 Christmas Ornament Santa

Sets in Seasonal / Christmas

40426 Christmas Wreath 2-in-1

40410 Charles Dickens Tribute

40416 Ice Skating Rink

40424 Winter Snowball Fight

854050 Snowman & Reindeer Duo

My Collection

Set Details

Set Pricing

Quick Buy

Set Predictions

Set Facts

Christmas Reindeer Ornament Reviews

Subtheme Analysis

About Seasonal Christmas