About Gandalf the Grey & Balrog

LEGO 40631 Gandalf the Grey & Balrog is part of the LEGO BrickHeadz The Lord of the Rings theme, contains 348 pieces. Its original US MSRP was $19.99. BrickPicker tracks live retailer pricing across Amazon, Walmart, Target and LEGO.com, eBay sold history, BrickLink part-out value, retirement forecasts and an investment score for Gandalf the Grey & Balrog.

Answered live from BrickPicker’s market tracking, review analysis and retirement model — these update as the data does.

What is LEGO 40631 Gandalf the Grey & Balrog worth today?

BrickPicker currently values a sealed Gandalf the Grey & Balrog at $39.94, based on 55 eBay sales over the last 90 days. That is 100% above its original $19.99 US retail price. The full price history is on this page.

How has LEGO 40631 Gandalf the Grey & Balrog performed compared with its retail price?

Since retiring, it has appreciated about 100% over its $19.99 retail price, with sealed copies now trading around $39.94. BrickPicker subscribers get the full Max Profit analysis for this set, which weighs eBay sold trends, retirement timing, liquidity and reviewer sentiment into one verdict.

Is LEGO 40631 Gandalf the Grey & Balrog retired?

Yes. Gandalf the Grey & Balrog retired in October 2024. Once retired, sets are only available on the aftermarket, which BrickPicker tracks through eBay sold prices and BrickLink listings.

How good is LEGO 40631 Gandalf the Grey & Balrog according to reviews?

Gandalf the Grey & Balrog holds a BrickScore of 75 (Recommended), the consensus of 4 expert reviews from 4 sources. Owners rate it 4.8/5 across 279 buyer ratings. Read the full review analysis →