LEGO Christmas Elf 71034-5
LEGO Christmas Elf (71034-5) is estimated at about $7 sealed as of Sep 2026 (retail $5). Retired 2023 · 10 pieces · 2022 Collectable Minifigures.
Thrill LEGO® Minifigure fans with a bag of action and fun
- Set number
- 71034-5
- Theme
- Collectable Minifigures
- Subtheme
- Series 23
- Year
- 2022
- Pieces
- 10
- Minifigures
- 1
- RRP
- $5
- Market value
- $7 (Estimate, Sep 2026)
- Released
- 2022
- Retirement
- Retired in 2023
Minifigures in LEGO Christmas Elf
Christmas Elf value by year
From $5 in 2023 to $7 (Estimate, Sep 2026): +32%. Its highest year was 2024, at $8.
| Year | Value | Change |
|---|---|---|
| Estimate, Sep 2026 | $7 | +20.8% |
| 2026 (so far) | $5 | +0.0% |
| 2025 | $5 | −31.6% |
| 2024 | $8 | +59.3% |
| 2023 | $5 | — |
Median of each year's market prices, sealed, in US dollars.
What you are paying for
Its 1 priced minifigure is worth about $5 together, roughly 72% of the set's value — about typical for Collectable Minifigures sets (typically 74%).
Frequently asked questions
How much is LEGO Christmas Elf (71034-5) worth?
LEGO Christmas Elf is worth approximately $7 on the secondary market today, based on current listings and completed sales. BrickStats updates this value daily.
Is LEGO Christmas Elf retired?
Yes — Christmas Elf (71034-5) 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 Christmas Elf gone up in value?
Yes. Christmas Elf launched at $5 and now trades around $7, an increase of 31.7%. See the price history chart for how it got there.
What is the price per piece for Christmas Elf?
At its $5 retail price across 10 pieces, Christmas Elf works out to about $0.499 per piece. Collectors often use price per piece to judge whether a set is good value.
Is LEGO Christmas Elf a good investment?
Christmas Elf currently trades 31.7% above its $5 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 Christmas Elf so expensive?
Christmas Elf was released in 2022 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.