Finance 101: Region Locked

So how about that Steam sale, huh? I’m actually just an extreme casual when it comes to games that aren’t MagicFire Emblem, League of Legends, or Pokémon, and this is the first time I’ve actually been bothered to download a game on Steam. I’m a fan of tactics and turn-based strategy at heart, so my friend convinced me to download XCOM: Enemy Unknown for $7.50 to relive some of my favorite single-player gaming over the past few years.

If you’ve been around the videogaming world for at least a little while (99 percent of you reading this, probably), then you’ve heard of the term “region locking” before. For those of you who keep to the card and board games, imagine you couldn’t use any of your Japanese foils in your Legacy deck. No Italian Legends cards, and no French copies of Delay.  Bear with me; I know I write an article about Magic finance and not videogaming, but I’m going somewhere with this.

xcomregionlock

(Thankfully, this is just a random screenshot I found. My XCOM was downloaded with no problems.)

While we don’t have this specific problem as Magic players, it would certainly be frustrating to be restricted from content that you bought, traded for, or were gifted due to a  company’s desire to prevent imports or force certain purchasing channels. In fact, you might feel similarly to someone who owns some Legacy staples, yet lives in an area where it’s nearly impossible to get rid of them at full value, when you were told something like, “Legacy cards will always get you a premium if you’re trying to trade into Standard or Modern.”

Cartel Finance

Recently, my fellow MTGPrice writers Jim Casale, Jeremy Aaranson, Travis Allen, and I (and soon to include our friend Sigmund Ausfresser) started up a video podcast on a whim. One of the topics that we touched on this past week was how much our experiences differ depending on where you’re located in the U.S. (or outside it entirely).

While I’ve always advocated “buy cards from other players at buylist values when they need to sell,” that logic is not always feasible for people like Jim, who is “region locked” in his MTG finance efforts (see? I made the segue work) by living within driving distance of Cool Stuff, Inc. When the players near Jim need to sell cards, they’re flanked by multiple LGSs that are ready to compete with each other and pay competitive buylist prices. If I had to relocate down to the land of terrible one-liners and Florida Man, there’s no question that my number of collections bought and singles sold would drastically decrease.

Since I live in upstate New York and five hours away from NYC, the area is devoid of any human interaction  large-scale LGS like ChannelFireball or SCG. The closest huge competitive buylist I have to compete with is either down in NYC, or Face to Face Games in Canada (the downside of this is that we get maybe one SCG Open every three years, but hey, give and take). Players could also drive 45 minutes to Syracuse and sell cards to one of the several card stores in the city, but the number of cards they’re willing to buy and amount of cash offered are both on the short side.

I mentioned earlier that you might be in a situation where you have Legacy staples, but are unable to trade them. Jim picked up two dual lands a couple of years ago, supposedly the “impossible to lose” investment in Magic. Unfortunately, crocodiles don’t play Legacy, so Jim ended up selling the duals to a store instead of being able to trade or sell them to a  player for a premium toward Standard or Modern staples. That’s a story that initially confused someone like me, who has almost never left the northeastern part of the United States: “Inability to trade Legacy staples? That’s just unheard of! We have one of the more vibrant Legacy player bases in the U.S!”

Before you trade those shock lands for that Lion’s Eye Diamond just because it’s on the Reserved List, know the routes for moving the LED if the Legacy scene around you is nonexistent.

Story Time

This doesn’t hold true for just Legacy, though. Let’s say this new MTG financier Jason is trying to make a bit of extra cash while having fun speculating and trading. He doesn’t have a store on TCGplayer or eBay, he just buys and sells locally, trying to trade up and sustain his hobby. Almost everyone at his LGS is a Standard or Commander player, because there’s a very limited number of people who can afford a Modern deck in his area. FNM is always Standard or Draft, and there are a couple of Commander pods that meet up twice a week.

Jason is trying to get into MTG finance a bit more heavily. He follows people on Twitter, listens to podcasts, and reads articles. He sees a lot of people agreeing that Modern Masters 2015 staples are a pretty smart pickup right now (hint-hint: they are). Jason starts targeting the scattered Modern pieces out of his friends’ binders, trading away the dirt cheap Battle for Zendikar rares and mythics. He picks up a couple of Cryptic Commands at $25 in trade, Spellskite at $23, and Remand at $5.

If we jump inside our time machine and skip a few months into the future, Jason’s trades have theoretically paid off. His Cryptics are $35, Spellskites are $30, and Remands are $8. But (you probably see where I’m going with this) who is he going to trade or sell them to? If his entire playgroup focuses on Standard and Limited, Jason has to either start using eBay, TCGplayer, or PucaTrade, or convince everyone to play Modern after all of the cards they need are more expensive. Granted, a lot of you reading this probably think, “Well, Puca/TCG/eBay is simple and effective,” and I would agree with you. However, not everyone is looking to constantly send cards through the mail, and there are still players who don’t trust PucaTrade due to bad personal experiences from trades in the past.

I sort of went in a different direction than I was planning when I laid out this whole “region locking” theme for the article, but I’m hoping that I still managed to explain my point. The tips that are given out every week in the constant stream of MTG finance news are not universal, and should be adapted depending on what your playgroup and LGS focus on. Legacy still has a bastion of players in the Northeast of the United States, but it’s a waste trying to trade a Wasteland where Jim lives. If you drive a few hours to buy a solid collection of EDH staples when your LGS is firmly steadfast in 60-card territory, it might be time to adapt and learn how to use internet outlets like Puca, TCGplayer, or eBay instead of letting the stuff rot in your binder. Even if you personally are “region locked” from collection buying because you have to compete with several other stores or local names, there are multiple different strategies to either compete or coexist with them.

End Step

  • Sell Painful Truths for $8 to $10 a playset on Facebook. This is a perfect example of a bulk rare that I’m happy to take the 1000-percent increase on, then ride away into the sunset with my Subway meal paid for by each playset that I sell.
  • Stoneforge Mystic continues to rise in anticipation of an unbanning. Do what I did and sell your copies into the hype on TCGplayer. Don’t do what I did, and don’t accidentally list two of your SP copies for $14 instead of $24, because then they’ll sell instantly and you’ll realize your mistake too late.

15 thoughts on “Finance 101: Region Locked”

  1. Good Article Doug, was wondering though: what are your thoughts on cards that are built around a stoneforge based deck? I would think Batterskull or even Geist of Saint Traft as stable investments that could either explode in value if it is unbanned or remain the same if not. And more on your article, it sounds like Jim has a tough time, I can’t imagine aggressive he must be to buy and sell. Being in rural Nebraska helps me immensely, as it flies under most peoples radars.

    1. Geist has a coming reprint that was spoiled with the oath cards. Most people are assuming it is going to be a dual deck reprint. Either way geists price will likely not maintain its current levels due to the reprinting.

      1. there is also a distinct possibility that if SFM is unbanned, they will simultaneously ban Batterskull.

      2. If they don’t ban batterskull (if they did unban sfm) then jeskai twin will become a freaking faceroll deck. It’s bad enough already but with sfm/batterskull as an option…

      3. Is Batterskull played in Modern otherwise?? Stoneforge “dies to” Bolt, Decay, Path, Spell Snare, Remand…I think the card is powerful but not unbalanced. I do welcome the unbanning of more cards in Modern but that is view point. Also, Atarka’s Command and Skullcrack can prevent players from gaining life off of Batterskull. Again Stoneforge + Batterskull is very good, but there are ways to interact with the combo. The combo is “fair” unlike Storm and Amulet Bloom imo.

      4. Also, due to that level of removal for SFM, would Swords actually be a better choice than Batterskull? You get to cast them much quicker or on curve better, and can be changed to have protection of whatever colors they’re playing. Would Swords be a better pickup? Less likely to be banned, still would see major uplift in price, and can be more flexible in a match than batterskull.

  2. I was going to sell cards on TCG then I realized they want like 10% off the top and you have to ship it which is like three or four bucks. No money to be made there.

    1. Good, don’t. More market for me 😉

      Honestly, it’s entirely worth it for anything $5 and up. Less if you have a real good system for organizing, selling together, etc. Shipping you can create a MS Word envelope printing mailing list, and it’s fast. Pack, stamp, mail.

  3. DJ, first I LOVE X-Com and hope you have played it and enjoyed it. Unusual but fun game=play that I remember playing on PC when I was much younger (yes I’m old, lol).

    Correct me if I’m wrong but you do NOT play constructed Magic correct? I ask because I couldn’t disagree more with your Painful Truths evaluation. Ancestral Vision is used in 1 Legacy deck as a 4 of (Shardless BUG/Sultai) and it’s $7. Painful Truths is popping up in all kinds of Legacy and Modern Decks right now, and I expect it will really spike in a month when people see that it is used in Standard in: Esper Control, Abzan, Jeskai Black, and Mardu or R/B decks – the latter 2 decks utilize Soulfire and Burn to gain life. Basically, EVERY deck not Eldrazi Ramp or Atarka Red…and I wouldn’t be shocked if Atarka Red became Jund Red just for the card. Also, when Dig and Cruise leave Standard it’s likely the Best card draw spell, especially for a deck like Esper Dragons that can gain so much life with Foul Tongue Invocation and Ojutai’s Command. I misevaluated the card at first, just like Jace, but quickly hopped on the bandwagon. I drafted the heck out of it online and live (cause it’s amazing in limited) and am really happy about it now. If you got Painful Truths for 25cents each I don’t blame you for taking $8-10 a playset, but I think you are selling way short in this case. Then again your buying and selling practices are a bit beyond most of us.

    Just my opinion on that card, Happy Holidays!
    Oh, where is this Stoneforge unbanning hype coming from??

    1. Hey Spencer, thanks for always being a regular reader and commenter! I’m really hyped for XCOM 2 coming out in February, and that’s from someone who doesn’t really play video games anymore other than League of Legends. As for playing competitive Magic, you’re right. I don’t play Standard, Modern, or Legacy anymore. The only Constructed format I play is Commander. I don’t argue with you on the possibility of Painful Truths being worth more in the future, you certainly have some convincing arguments that I hope the rest of my readers scroll down and take a look at. I’m just always one to play on the safe side and eat up that 10x multiplier from when I picked them up at bulk rare prices. If you have experience playing the card competitively and see results popping up, I don’t blame you for holdling or buying in right now.

      As for Stoneforge, this happens literally every year. http://mtgstocks.com/cards/1649

  4. Thats the same reason i dont invest in MTG Online …. your collection is in their hands !

  5. you all have it easy because you can still do something with your cards – try living in Australia!!! We only have ebay and card shops – I cant find anyone online that is like MTGPrice or TCGplayer that is easy for the aussies to buy/sell.

    if anyone can help – that would be awesome!

    *remember that postage costs more than most cards to buy/sell to US or UK

    1. That’s rough! I’ve got a couple of contacts on Twitter that are from AU (@shorMTG and @YoungCardinals), but I’ve never had a really extensive conversation with them about how theu go about buying/selling cards. I think one of your only strong outs for cheaper cards would be if you had a *lot* of cards to make it worth a trip to a Grand Prix in southeast Asia.

      1. Thanks DJ.
        I’m only fairly new to the MTG, although I wish I has played and collected cards when I was I school in the 90’s.
        There is such a small amount of volume here that I don’t know if that better or worse for the card price?
        Next time your stuck for an article idea, keep us aussies in mind, any help or research you can put into your article would help the noobs in there 30’s down under!
        Keep up the good work – fan of your writing and info.
        (question: are the MTGprice.com card prices in US$? – exchange rate keeps things interesting)

Comments are closed.