Cole with Scabbard (Tournament of Elements)

This version of Cole, specifically from the Tournament of Elements, is desirable for Ninjago collectors because it captures a distinct moment in the character's storyline. The unique torso print, featuring the robe with the Earth Power emblem, along with the bandana and scabbard, makes it easily recognizable and appealing to fans of the series. Completing the set of elemental masters from the Tournament is a key goal for many collectors.

The inclusion of the scabbard is a notable detail, as it's not a standard accessory for all Cole minifigures. The overall design reflects the martial arts theme prominent in Ninjago, adding to the minifigure's visual appeal and collectibility. Condition is always important, with figures in mint condition commanding higher prices.

This minifigure appeared in only one set, the promotional polybag 891611-1 released in 2016. While not a limited edition in the strictest sense, its availability was tied to promotions, making it less common than minifigures appearing in multiple widely available sets. Its single appearance contributes to its relative scarcity on the aftermarket, especially in new or like-new condition. While not exceedingly rare, it isn't a minifigure that collectors are likely to stumble upon easily.

Given its single set appearance and the enduring popularity of the Ninjago theme, this Cole minifigure holds moderate investment potential. The demand for Ninjago minifigures, especially those representing key characters in specific storylines, tends to remain stable. The fact that the set is retired adds to its potential value over time. While not expected to skyrocket in value, it's a solid addition to a Ninjago minifigure collection for potential long-term appreciation. Comparing it to other Ninjago promotional minifigs, this one is likely to hold its value well.