Labubu — the mischievous, pointy-toothed creature born from Hong Kong artist Kasing Lung’s “The Monsters” universe — has quietly crossed over from niche art toy into investment-grade collectible territory. Created in 2015 and commercialized by Pop Mart in 2017, Labubu exploded into mainstream culture in 2024 after celebrities including Lisa (BLACKPINK), Rihanna, and Dua Lipa were spotted publicly flaunting them. Today, certain editions command prices that rival luxury watches and fine art.

In 2025, the market reached a new peak when Beijing’s Yongle International Auction held its first-ever Labubu-dedicated auction — and bidders went well beyond anyone’s expectations. Below is a complete, verified ranking of the most expensive Labubu dolls ever sold.

Top 10 Most Expensive Labubu Dolls Ever Sold

#1 — All-Time Record
Mint Green Human-Sized Labubu (131 cm) — 1st Generation
$170,000+

The undisputed crown jewel of Labubu collecting. This 131-centimeter (4.25 ft) mint green PVC sculpture sold for over 1.08 million yuan — roughly $170,000 including buyer’s commission — at Yongle International Auction in Beijing in June 2025. Described as “the only one in the world,” it’s a first-generation release and represents the highest price any Labubu has ever fetched at public auction. One report noted the buyer had originally budgeted just $2,000 before the bidding spiraled well beyond expectations.

Auction Exclusive 1-of-a-Kind 131 cm Tall Yongle 2025 Gen 1
#2
Brown Giant Labubu (160 cm) — 1st Generation
~$132,000

Standing even taller at 160 cm, this massive brown Labubu sculpture from the first-generation release sold at the same Beijing Yongle Auction for approximately 820,000 yuan (around $132,000 with commission). Limited to just 15 pieces globally, this colossal figure is among the most physically imposing Labubu ever made — and among the rarest. Its size, provenance, and historical placement in the Labubu timeline make it a cornerstone piece for any serious collector.

Only 15 Pieces 160 cm Tall Gen 1 Yongle Auction
#3
Labubu × Seventeen K-Pop Collaboration (Full 14-Piece Set)
$337,600 (set) · $31,250 (single)

K-pop meets collectible culture in the most financially staggering Labubu sale by total value. When Pop Mart collaborated with mega-group Seventeen and released 14 unique Labubu figures, the complete set drew a collective bid of $337,600 — a jaw-dropping sum. Individual dolls from the set commanded $31,250 and $22,500 respectively, cementing celebrity collaborations as the single biggest price driver in the Labubu market.

K-Pop Collab 14-Piece Set 2025
#4
Three Wise Labubu Set (See No Evil / Hear No Evil)
$25,890

A Labubu interpretation of the classic “Three Wise Monkeys” motif, this set was originally released in 2017 — one of the earliest Pop Mart drops in the series. It flew under the collector radar for years before resurfacing at the Yongle International Auction in 2025, where it sold for $25,890. Its long history, thematic storytelling, and early-era status make it a powerful piece of Labubu lore.

Since 2017 Thematic Set Yongle Auction
#5
Labubu Hip-Hop Girl Figure — Limited Edition
$22,500

Riding the intersection of streetwear and collectible culture, the Labubu Hip-Hop Girl figure reached $22,500 at auction in 2025. Dressed in urban-fashion-inspired styling, this vinyl figure appeals to both the art toy market and the streetwear collector community — a rare crossover that helps explain its strong price performance.

Streetwear Theme Vinyl Figure 2025
#6
Labubu × Vans Old Skool Collab (Plush Doll)
$10,503 (eBay record)

The most expensive Labubu ever sold on eBay, and arguably the most famous resale story in the entire series. This grey-brown plush wears a full Vans outfit: Old Skool sneakers, a branded sweatshirt, and a snapback reading “The Monsters.” Released in December 2023 as a Pop Mart blind box at a retail price of just $85, it later sold on eBay for $10,503.64 in 2025. Multiple eBay listings have confirmed consistent resale prices above $3,500 — a 40× return on retail.

$85 Retail → $10,503 eBay Record Blind Box Vans Collab Dec 2023
“A doll that retailed for $85 in December 2023 sold for over $10,500 on eBay just months later — a 40× return that no stock or crypto can easily match.”
#7
Best of Luck — Chinese New Year Edition
$2,300

Released in December 2023 at a retail price of $138, this festive Chinese New Year-themed Labubu carries traditional symbols of good fortune and prosperity. After staying relatively quiet at launch, it soared on the secondary market — trading above $1,620 on StockX and reaching a confirmed $2,300 sale on eBay in August 2025. Its cultural resonance and limited print run make it a consistent performer.

CNY Edition Dec 2023 Limited Run
#8
Labubu + Tycoco Duo Plush (Valentine’s Edition)
$2,059

The only Labubu release to feature two characters in a single set — Labubu alongside her counterpart Tycoco, attached together. Released in January 2024, this Valentine’s-inspired duo sold on eBay for $2,059 in August 2025. Collectors prize it as a unique anomaly in the Labubu catalogue, since the single-figure format is the norm across virtually every other release.

2-Character Set Jan 2024 Valentine’s Theme
#9
Wings of Fantasy — 15-inch Labubu Plush
$1,998

A fully dressed 15-inch (38 cm) plush released in October 2024, “Wings of Fantasy” combines intricate design with a larger-than-standard format. The doll sold on eBay for $1,998 in June 2025. Its elaborate detailing and the broader post-2024 Labubu demand surge contributed to a price performance well above its original retail cost.

Oct 2024 38 cm Plush Fully Dressed
#10
Walk by Fortune — Chinese New Year Edition (3,000 units)
$1,990 – $3,057

Released in 2024 with traditional prosperity and fortune motifs, this joint plush-and-vinyl release was strictly capped at 3,000 units worldwide. It retailed at CNY 499 but has since climbed sharply — appearing on Artsy at $1,990 and reaching a peak of $3,057 on Toysez. Themes of good luck and financial fortune resonate particularly well with Chinese and Southeast Asian collectors.

Only 3,000 Units Plush + Vinyl 2024 Release

Quick Price Reference

# Labubu Edition Year Sale Price Sold At
1Mint Green Giant (131 cm)Gen 1$170,000+Yongle Auction
2Brown Giant (160 cm)Gen 1$132,000Yongle Auction
3Seventeen K-Pop Set (14 dolls)2025$337,600 (set)Auction
4Three Wise Labubu Set2017$25,890Yongle Auction
5Hip-Hop Girl Figure2025$22,500Auction
6Vans Old Skool Plush2023$10,503eBay
7Best of Luck (CNY)2023$2,300eBay
8Labubu + Tycoco Duo2024$2,059eBay
9Wings of Fantasy (15 in)2024$1,998eBay
10Walk by Fortune (3K units)2024$3,057Toysez

Why Are Labubu Dolls So Expensive?

Labubu prices are not random. There are four compounding forces behind the figures at the top of this list — and understanding them helps predict which editions will hold or grow in value.

1. Extreme Scarcity by Design

Pop Mart deliberately constrains supply. Special editions are limited to as few as 100 units globally, and the blind box format means buyers don’t know which figure they’re getting until it’s opened. Secret rare editions — often 1-in-144 pulls — are even harder to find. Once sold out at retail, the only option is the resale market, where prices respond purely to demand.

2. Celebrity Endorsement at Scale

The single biggest catalyst for Labubu’s mainstream explosion was Lisa of BLACKPINK publicly displaying her collection in 2024. Within weeks, Rihanna, Dua Lipa, Kim Kardashian, and David Beckham had all been photographed with Labubu figures. Each celebrity sighting triggered a measurable spike in search traffic and resale prices — effectively turning these art toys into status accessories.

3. A Maturing Investment Market

Pop Mart’s overall revenue doubled in 2024 to over 13 billion yuan. The Labubu-specific series generated 3.04 billion yuan — a 7.3× increase year-over-year. TikTok Shop data showed Labubu sales reaching $5.5 million in June 2025 alone. Adult collectors globally spent an estimated $1.8 billion on designer toys in early 2025, signaling that this is no longer a hobbyist niche. The broader trend of consumer culture driven by social media is visible across categories — bubble tea, for instance, has seen a similarly data-backed rise in global popularity — but few have moved as fast or as far as Labubu.

4. Crossover into Fine Art

Kasing Lung, Labubu’s creator, has seen his paintings sell at Christie’s for over $100,000. As the artist’s profile grows in the fine art world, so does the historical and cultural value of early-generation Labubu figures. The June 2025 Yongle Auction — Beijing’s first-ever Labubu-only auction — confirmed that major auction houses now treat these as legitimate art market assets, not toys.

Collector Tip: The three factors that most reliably predict high resale value are (1) first-generation or early-era release dates, (2) celebrity or brand collaborations with global recognition, and (3) edition sizes below 3,000 units. Figures that tick all three boxes tend to appreciate fastest.

How to Spot a Fake Labubu

As prices have climbed into five and six figures, so has the market for counterfeits. Here’s what to check before spending serious money on any Labubu figure.

Authentic Labubu figures have clearly stamped logo imprints on the footprint, precise and consistent paintwork, and an ID card featuring a feathered pattern with silver reflective highlights. The eyes and teeth are bright, frosted, and well-defined. Counterfeit versions typically show darker, non-frosted features, slightly misaligned paint, and ID cards with dull or missing holographic elements. For high-value purchases, always request provenance documentation and buy through verified resellers, official Pop Mart channels, or established auction houses.


Frequently Asked Questions

What is the most expensive Labubu ever sold?
The most expensive Labubu ever sold is the mint-green 131 cm first-generation PVC sculpture that sold for over $170,000 (1.08 million yuan including commission) at Yongle International Auction in Beijing in June 2025. It is described as “the only one in the world.”
What is the most expensive Labubu on eBay?
The Labubu × Vans Old Skool Plush holds the eBay record at $10,503.64. It originally retailed for just $85 at Pop Mart in December 2023 — meaning its eBay resale price represents roughly a 40× return on the original purchase price.
Why is Labubu so expensive in 2025?
Prices are driven by a combination of extreme scarcity (limited runs of 100–3,000 units), celebrity endorsements (Lisa, Rihanna, Dua Lipa, Beckham), the psychological pull of blind box mechanics, and a rapidly maturing adult collector market. Pop Mart’s Labubu revenue grew 7.3× year-over-year in 2024, reflecting an enormous increase in global demand.
Which Labubu collaboration is worth the most money?
By total sale value, the Seventeen K-Pop collaboration set fetched $337,600 collectively at auction. For individual collector pieces, the giant first-generation figures from the Yongle Auction command the highest single-item prices ($132,000–$170,000+), while the Vans collab holds the record on the mainstream resale market.
Where can I buy rare Labubu dolls?
Rare editions can be found at Pop Mart’s official website and exclusive pop-up events, on resale platforms like eBay, StockX, and Toysez, and through major auction houses including Yongle International Auction. Always verify the seller’s reputation, check for authenticity markers, and request ID cards and original packaging before purchasing.

Final Verdict: Is Labubu Worth Collecting?

Labubu has definitively crossed from toy to art investment. With a verified auction record above $170,000, celebrity endorsements spanning music, sports, and fashion, and Pop Mart revenue growing more than 7× in a single year — the data makes a clear case. For serious collectors, limited and early-generation figures represent genuine store-of-value assets. The key is buying authenticated pieces from verifiable sources, and understanding that in this market, scarcity and story are worth as much as the object itself.