LEGO Blacksmith Shop 2508-1
LEGO Blacksmith Shop (2508-1) is worth about $192 on the secondary market today, against a $29 retail price. It has 189 pieces, belongs to the Ninjago theme and was released in 2011. This set has retired — LEGO no longer produces it, so supply is fixed and prices are set entirely by the resale market.
- Set number
- 2508-1
- Theme
- Ninjago
- Subtheme
- Pilot Season
- Year
- 2011
- Pieces
- 189
- Minifigures
- 2
- RRP
- $29
- Market value
- $192
- Used value
- $29
- Released
- 2011
- Retirement
- Retired in 2011
Minifigures in LEGO Blacksmith Shop
Blacksmith Shop value by year
From $19 in 2012 to $175 in 2026 so far: +818%. Its highest year was 2026, at $175.
| Year | Value | Change |
|---|---|---|
| 2026 (so far) | $175 | +110.1% |
| 2025 | $83 | −9.6% |
| 2024 | $92 | −8.5% |
| 2023 | $101 | +29.6% |
| 2022 | $78 | +10.5% |
| 2021 | $70 | −11.7% |
| 2020 | $80 | −21.0% |
| 2019 | $101 | +37.9% |
| 2018 | $73 | +12.8% |
| 2017 | $65 | +72.7% |
| 2016 | $37 | +21.4% |
| 2015 | $31 | +14.5% |
| 2014 | $27 | +16.9% |
| 2013 | $23 | +20.9% |
| 2012 | $19 | — |
Median of each year's market prices, sealed, in US dollars.
What you are paying for
Its 2 priced minifigures are worth about $17 together, roughly 9% of the set's value — low for Ninjago sets, so the value is in the sealed set rather than the figures (typically 44%).
Frequently asked questions
How much is LEGO Blacksmith Shop (2508-1) worth?
LEGO Blacksmith Shop is worth approximately $192 on the secondary market today, based on current listings and completed sales. BrickStats updates this value daily.
Is LEGO Blacksmith Shop retired?
Yes — Blacksmith Shop (2508-1) has been retired by LEGO and is no longer in production. Retired sets have fixed supply, which is why their prices are driven purely by the resale market.
Has LEGO Blacksmith Shop gone up in value?
Yes. Blacksmith Shop launched at $29 and now trades around $192, an increase of 563.8%. See the price history chart for how it got there.
What is the price per piece for Blacksmith Shop?
At its $29 retail price across 189 pieces, Blacksmith Shop works out to about $0.153 per piece. Collectors often use price per piece to judge whether a set is good value.
Is LEGO Blacksmith Shop a good investment?
Blacksmith Shop currently trades 563.8% above its $29 retail price, and it is retired, so no new supply is entering the market. Past performance is not a prediction — condition, packaging and how long you hold all affect what a set actually sells for. BrickStats reports the numbers rather than giving investment advice.
Why is LEGO Blacksmith Shop so expensive?
Blacksmith Shop was released in 2011 and has since retired. Once LEGO stops producing a set, the only supply is what is already in circulation, so sealed copies in good condition compete for a shrinking pool of stock. That scarcity, not the parts, is what moves the price.