LEGO Happy Santa Key Chain 854040-1
LEGO Happy Santa Key Chain (854040-1) is estimated at about $8 sealed as of Sep 2026 (retail $6). Retired · 2020 Gear. Track its value and price history.
- Set number
- 854040-1
- Theme
- Gear
- Subtheme
- Key Chains/Seasonal
- Year
- 2020
- Minifigures
- 0
- RRP
- $6
- Market value
- $8 (Estimate, Sep 2026)
- Released
- 2020
- Retirement
- Retired
LEGO Happy Santa Key Chain at LEGO: release to today
- Nov 9, 2026: Retired at LEGO Poland
- Nov 6, 2026: Retired at LEGO Spain
- Nov 6, 2026: Retired at LEGO Germany
- 2020: released
What LEGO.com showed, checked daily in the US and eight European stores.
Happy Santa Key Chain value by year
From $5 in 2020 to $8 (Estimate, Sep 2026): +43%. Its highest year was 2022, at $8.
| Year | Value | Change |
|---|---|---|
| Estimate, Sep 2026 | $8 | +8.1% |
| 2026 (so far) | $7 | −1.7% |
| 2025 | $7 | +1.3% |
| 2024 | $7 | −1.0% |
| 2023 | $7 | −5.8% |
| 2022 | $8 | +41.6% |
| 2021 | $5 | −0.9% |
| 2020 | $5 | — |
Median of each year's market prices, sealed, in US dollars.
Frequently asked questions
How much is LEGO Happy Santa Key Chain (854040-1) worth?
LEGO Happy Santa Key Chain is worth approximately $8 on the secondary market today, based on current listings and completed sales. BrickStats updates this value daily.
Is LEGO Happy Santa Key Chain retired?
Yes — Happy Santa Key Chain (854040-1) 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 Happy Santa Key Chain gone up in value?
Yes. Happy Santa Key Chain launched at $6 and now trades around $8, an increase of 28.9%. See the price history chart for how it got there.
Is LEGO Happy Santa Key Chain a good investment?
Happy Santa Key Chain currently trades 28.9% above its $6 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 Happy Santa Key Chain so expensive?
Happy Santa Key Chain was released in 2020 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.