LEGO Valentine Letter Set 40016-1
LEGO Valentine Letter Set (40016-1) is estimated at about $12 sealed as of Sep 2026 (retail $5). Retired 2011 · 41 pieces · 2011 Seasonal.
- Set number
- 40016-1
- Theme
- Seasonal
- Subtheme
- Valentine's Day
- Year
- 2011
- Pieces
- 41
- Minifigures
- 0
- RRP
- $5
- Market value
- $12 (Estimate, Sep 2026)
- Used value
- $12
- Released
- 2011
- Retirement
- Retired in 2011
Valentine Letter Set value by year
From $5 in 2011 to $12 (Estimate, Sep 2026): +154%. Its highest year was 2023, at $19.
| Year | Value | Change |
|---|---|---|
| Estimate, Sep 2026 | $12 | −20.8% |
| 2026 (so far) | $14 | −9.7% |
| 2025 | $16 | −8.6% |
| 2024 | $17 | −9.9% |
| 2023 | $19 | +10.4% |
| 2022 | $17 | +6.2% |
| 2021 | $16 | −5.9% |
| 2020 | $17 | −7.5% |
| 2019 | $19 | +7.3% |
| 2018 | $17 | +1.3% |
| 2017 | $17 | +15.1% |
| 2016 | $15 | +16.6% |
| 2015 | $13 | +18.2% |
| 2014 | $11 | +22.3% |
| 2013 | $9 | +29.0% |
| 2012 | $7 | +40.0% |
| 2011 | $5 | — |
Median of each year's market prices, sealed, in US dollars.
Frequently asked questions
How much is LEGO Valentine Letter Set (40016-1) worth?
LEGO Valentine Letter Set is worth approximately $12 on the secondary market today, based on current listings and completed sales. BrickStats updates this value daily.
Is LEGO Valentine Letter Set retired?
Yes — Valentine Letter Set (40016-1) 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 Valentine Letter Set gone up in value?
Yes. Valentine Letter Set launched at $5 and now trades around $12, an increase of 149.3%. See the price history chart for how it got there.
What is the price per piece for Valentine Letter Set?
At its $5 retail price across 41 pieces, Valentine Letter Set works out to about $0.122 per piece. Collectors often use price per piece to judge whether a set is good value.
Is LEGO Valentine Letter Set a good investment?
Valentine Letter Set currently trades 149.3% 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 Valentine Letter Set so expensive?
Valentine Letter Set 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.