A brown-gray Labubu clad in Vans gear — hoodie, cap, and sneakers — recently made headlines as the most expensive Labubu ever sold on eBay, fetching an eye-popping $10,600 USD. Released in 2023 as part of a limited-edition blind box collaboration between Pop Mart and Vans, the toy originally retailed for just $85 USD.
Its resale value soared to 125 times its original price, reflecting the fierce demand for Labubu in the secondary market.
“Labubu’s quirky look and mass appeal make it a long-term collectible,” said American appraisal expert Lori Verderame, host on the History Channel. Auction specialist Alex Fung added that early edition Labubu figures retain the most value, particularly rare “secret” versions with release odds as low as 1 in 72 — or even 1 in 144.
Earlier this year, a pink secret Labubu from the Catch Me If You Like Me series sold for $2,000 USD on eBay.
Beyond price, Labubu has become a pop culture phenomenon. Weekly restocks — 10 a.m. Fridays in-store and 9 p.m. Thursdays online — sell out instantly. In places like the UK, fans dubbed the craze “Labubu Hunger Games” due to chaotic lines and scuffles at Pop Mart locations.
Labubu’s roots trace back to artist Kasing Lung, who drew inspiration from Norse mythology and supernatural tales. After signing a licensing deal with Pop Mart in 2019, Lung’s creatures — with wide eyes and sharp fangs — morphed into plush collectibles adored around the globe.
The craze has also supercharged Pop Mart’s business. According to Forbes, CEO Wang Ning saw his net worth skyrocket from $2 billion to $22 billion USD in just one year — largely fueled by Labubu’s runaway success.
With its limited drops, strong resale market, and cult following, Labubu is no longer just a toy — it’s an investment, a fashion icon, and a cultural symbol.
Sources: znews
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