LEGO Promotional Set 1516-1
LEGO Promotional Set (1516-1) is worth about $906 on the secondary market today. It has 23 pieces, belongs to the Fabuland theme and was released in 1987. This set has retired — LEGO no longer produces it, so supply is fixed and prices are set entirely by the resale market.
- Set number
- 1516-1
- Theme
- Fabuland
- Year
- 1987
- Pieces
- 23
- Minifigures
- 2
- Market value
- $906
- Used value
- $258
- Released
- 1987
- Retirement
- Retired
Minifigures in LEGO Promotional Set
Promotional Set value by year
From $9 in 1990 to $917 in 2026 so far: +9832%. Its highest year was 2025, at $1,112.
| Year | Value | Change |
|---|---|---|
| 2026 (so far) | $917 | −17.6% |
| 2025 | $1,112 | +51.5% |
| 2024 | $734 | −17.8% |
| 2023 | $893 | −17.7% |
| 2022 | $1,085 | +40.0% |
| 2021 | $775 | −11.8% |
| 2020 | $878 | +42.4% |
| 2019 | $617 | −18.2% |
| 2018 | $754 | −5.7% |
| 2017 | $800 | +39.9% |
| 2016 | $571 | −1.2% |
| 2015 | $578 | −33.0% |
| 2014 | $863 | +18.6% |
| 2013 | $728 | +42.3% |
| 2012 | $511 | −16.0% |
| 2011 | $609 | −17.2% |
| 2010 | $735 | +14.7% |
| 2009 | $641 | +55.5% |
| 2008 | $412 | +22.7% |
| 2007 | $336 | −13.9% |
| 2006 | $390 | +17.7% |
| 2005 | $332 | −37.6% |
| 2004 | $532 | +44.7% |
| 2003 | $367 | +2.6% |
| 2002 | $358 | −11.9% |
| 2001 | $406 | +21.2% |
| 2000 | $335 | +45.3% |
| 1999 | $231 | −2.3% |
| 1998 | $236 | −10.8% |
| 1997 | $265 | +131.9% |
| 1996 | $114 | −12.1% |
| 1995 | $130 | −19.4% |
| 1994 | $161 | +108.7% |
| 1993 | $77 | −5.2% |
| 1992 | $81 | +204.3% |
| 1991 | $27 | +189.9% |
| 1990 | $9 | — |
Median of each year's market prices, sealed, in US dollars.
What you are paying for
Its 2 priced minifigures are worth about $19 together, roughly 2% of the set's value — low for sets with minifigures, so the value is in the sealed set rather than the figures (typically 24%).
Frequently asked questions
How much is LEGO Promotional Set (1516-1) worth?
LEGO Promotional Set is worth approximately $906 on the secondary market today, based on current listings and completed sales. BrickStats updates this value daily.
Is LEGO Promotional Set retired?
Yes — Promotional Set (1516-1) 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.
Why is LEGO Promotional Set so expensive?
Promotional Set was released in 1987 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.