Crossover collectibles featuring Labubu merged with other popular toy properties like Skullpanda regularly achieve prices starting at $800. These hybrid designs marry different fan bases, creating unique demand dynamics that drive up values significantly.
The Labubu investment phenomenon
Created by artist Kasing Lung and popularized by Pop Mart, Labubu emerged from ‘The Monsters’ universe in 2015. The character’s explosive growth culminated in 2024 when the Monsters series generated 3.04 billion yuan in revenue—a staggering 7.3-fold increase year-over-year.
Celebrity endorsements and social media virality have transformed these once-affordable blind box toys into serious collectibles. With production runs often limited to 100-300 units for special editions, scarcity drives the astronomical prices seen at recent auctions.
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