Set prices › BrickHeadz › 40631

LEGO® Gandalf the Grey & Balrog 40631

BrickHeadzThe Hobbit & The Lord of the Rings2023348 piecesRetired

Value new · sold average, 6 months

$31.85

BrickLinkNew listings, shipping to the USSee listings ›BrickLinkUsed listings, shipping to the USSee listings ›

Prices updated Oct 7, 2026, 23:31 UTC.

Launch price at LEGO$19.99

Used · sold avg, 6 months—Too few sales

Price history

NewUsedLEGO retail

Monthly average of real sales, in USD at today's exchange rate.

What is LEGO Gandalf the Grey & Balrog 40631 worth?

A new, sealed Gandalf the Grey & Balrog (40631) sold for $31.85 on average over the last six months, across 126 sales. LEGO no longer sells it in the US, so collectors set the price (it launched at $19.99).

Set facts

Set number: 40631
Pieces: 348
Released: 2023
Theme: BrickHeadz
Price per piece: $0.09
Status: Retired

Questions

Is LEGO 40631 Gandalf the Grey & Balrog retired?

Yes. LEGO no longer sells Gandalf the Grey & Balrog in the US, so its value now comes from what collectors pay for it: $31.85 new on average over the last six months.

How are these prices calculated?

Values are quantity-weighted averages of real sales of the set over the last six months, updated every night. LEGO retail prices come from Brickset. Other currencies are converted at the European Central Bank's daily rate.

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