By James Chillcott (@MTGCritic)
One of the most common misconceptions about folks involved in MTGFinance is that we are constantly manipulating the market and feeding players misinformation to help fuel achievement of our personal goals.
It has occurred to us at MTGPrice that though we dole out a good deal of advice, most of you ultimately have very little insight into when and why our writing team actually puts our money where our collective mouths are pointing. As such running this weekly series breaking down what we’ve been buying and selling each week and why. These lists are meant to be both complete and transparent, leaving off only cards we bought for personal use without hope of profit. We’ll also try to provide some insight into our thinking behind the specs, and whether we are aiming for a short (<1 month), mid (1-12 month), or long (1 year+) term flip. Here’s what we we’ve been up to this week:
Buying Period: Aug 2nd – Aug 10th, 2015
Note: All cards NM unless otherwise noted. All sell prices are net of fees unless noted.
James Chillcott (@MTGCritic)
This week I’m touring Bulgaria and getting kicked out of Turkey for making too much sense, but I’m still working on my deal to sell the Super Collection, and I’ve bought a few more copies of some cards that represented good short and mid term opportunities.
- 5x Evolutionary Leap @ $11/per
- 2x Scalding Tarn @ $50/per
- 4x Verdant Catacombs @ $35/per
- 2x Scalding Tarn @ $80.92
- 1x Verdant Catacombs @ $62.14
Leap is still on my mid-term acquisitions list because, as I’ve mentioned before, I see it getting busted eventually and winning something in Modern. The ZEN fetches were a common flip for MTGFinance folks that were paying attention last week as the news came out on the Mark Rosewater blog that we would not see them in Battle for Zendikar. I was able to out a few already via Pucatrade and would ship more if I wasn’t already holding 1000+ points that need to get traded for a juicy high end target before I restock. I expect these to float lower gradually on the perception that their reappearance is only delayed rather than cancelled and that they will be $10 cards by summer 2016.
I’ll be visiting one of the only MTG stores in Bulgaria next week, so watch for that report.
Douglas Johnson (@RoseofThorns)
“Bought on Wednesday at around 4PM at a nearby LGS, hours after the announcement of the reprint delay. I’m actively working on flipping these out asap:”
Jim Casale (@Phrost_)
- Foil windswept heath @ 4787 pucapoints
- 2x foil fulminator mage @ 3494 pucapoints /per
- 12x ghostfire blade @ 52 pucapoints /per
- 2x foil dispel (rtr) @ 525 pucapoints /per
- 4x demonic pact @ $15/per
- 8x ghostfire blade @ 112 pucapoints/copy
“The weekend flip of ghostfire blade has been my biggest success. Moving cards for smaller margins on puca has worked out well for me thus far because of the minimal overhead (read: no fees) for doing the transactions. It has been a great place for me to trade stamps for foil fetchlands basically.”
So there you have it. Now what were you guys buying and selling this week and why?
James Chillcott is the CEO of ShelfLife.net, The Future of Collecting, Senior Partner at Advoca, a designer, adventurer, toy fanatic and an avid Magic player and collector since 1994.
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