All posts by Jared Yost

Jared is longtime Magic player who has been slinging cardboard since Odyssey block (when creatures came into play). He was introduced to the financial side of Magic during Return to Ravnica block and hasn't looked back since. He is a resident of the VA area located just outside of DC. His favorite MTG formats include Limited, Legacy, and Commander - preferably making creature tokens while playing those formats.

Jared Yost, The Gilded Goblin

In Modern Masters’ Wake

June 8, 2015 Jared Yost 19 Comments

This week I’d like to take a look at the most played cards in Modern, how Modern Masters 2015 has affected their prices, and what the future holds for many of these cards – including those which did not get reprinted.

Starting Thoughts – Tarmogoyf and Other Leaders in the Set

Based on my observations from Modern Masters 2013, we’re going to be in for another interesting ride this time around as well. Unlike last time, we had up-to-the-minute price tracking at GP Vegas because MTGPrice had authors on the floor keeping track of the event for everyone. This enabled us as a community to see in real time what the dealers were paying for certain cards from the set that weekend. Why is the GP weekend important? Because it shows us which cards the dealers felt were going to be the most important going forward by having their buylists reflect that confidence all at once (due to the massive influx of tons of people opening expensive cards and wanting to offload them).

Hey, even Standard cards made the list! Thanks for the snapshot Douglas Johnson.

As Corbin mentioned in his post on June 4th, the dealers had to compete with buylist prices for chase cards like Tarmogoyf because even though only one or two vendors had a high buylist price for the card initially (the $130 and higher range) that meant that everyone else eventually had to raise their buylist prices in order to snag some Tarmogoyfs for themselves.

As they say, history is doomed to repeat itself and Tarmogoyf is no exception. Don’t get me wrong. This time the price of card did drop. Going from $220 to $170-$180 is definitely a discount. Yet, is it good enough? I’m sure we’re all thinking to ourselves that a 22% discount isn’t really that great in this case since the card is still pretty darn close to $200 per copy, which is what sets like MM15 are supposed to remedy. Many players were expecting ‘Goyf to fall much harder than this. A lot of us in the mtgfinance community we’re pretty solid believers in the idea that ‘Goyf might even drop into the double digits, at least for a while. Yet, the card is still as wildly popular and in demand as ever and an entire slew of fresh reprints hasn’t really made a large impact in the retail price.

Again, let’s go back to the release of Modern Masters 2013. That time, ‘Goyf didn’t move in price at all. It was $120 before the release and stayed $120 after the release. There are two reasons for this. The first is that ‘Goyf was (yet again) printed at mythic rather than rare. I can understand why Wizards printed it at mythic the first time around – they wanted to make sure that they didn’t crash the price of the card and create a situation similar to Chronicles. This time around they could have done things differently though. They knew that printing ‘Goyf at mythic wasn’t going to do anything to its price in the long term. This leads to the second reason that ‘Goyf didn’t move in price this time and last – the player base increase. Once you get a taste of the ‘Goyf, well you just can’t have only one. You need a full playset in order to make it work in Modern. Jund just isn’t the same without four of them. It also doesn’t help that Jund has been doing really well in Modern recently, further exacerbating the demand for Tarmogoyfs in the format.

I think Wizards made a big mistake not printing ‘Goyf at rare this time around. They knew what happened last time, knew that players were still going to demand a large amount of ‘Goyfs this time, and still decided to keep it at mythic and guaranteeing it an absurdly high price. If it was a rare we wouldn’t be seeing the $180+ retail prices but I still think that ‘Goyf would be in the low $100s based on the demand we’ve been seeing in Vegas and beyond. As it is, by the end of the year we all know that ‘Goyf is going back to $200 and beyond as time continues. Again players who hoped to pick up ‘Goyfs cheap have had those hopes dashed.

Alright, alright, enough about ‘Goyf. I’m sure you’ve heard about him to death at this point and I’ve said what I have to say on the matter. Let’s see some prices on other staples. Also, let’s take a look at the data with the previous retail prices and see how much of discount we’re getting on singles now.

CARD NAME	FAIR TRADE PRICE	FAIR TRADE PRICE (January 2015)	% DIFFERENCE
Tarmogoyf	$172.99	$210.00	17.62%
Vendilion Clique	$56.65	$80.00	29.19%
Dark Confidant	$48.99	$102.00	51.97%
Mox Opal	$40.32	$54.00	25.33%
Noble Hierarch	$38.28	$74.00	48.27%
Cryptic Command	$35.70	$63.00	43.33%
Bitterblossom	$35.46	$44.00	19.41%
Karn Liberated	$33.99	$50.00	32.02%
Emrakul, the Aeons Torn	$33.17	$56.00	40.77%
Kozilek, Butcher of Truth	$31.43	$65.00	51.65%
Ulamog, the Infinite Gyre	$24.93	$44.00	43.34%
Elesh Norn, Grand Cenobite	$24.52	$30.00 (highest price $40 in Apr-May)	38.70%
Fulminator Mage	$21.54	$44.00	51.05%
Spellskite	$18.86	$22.00	14.27%
Iona, Shield of Emeria	$17.39	$30.00	42.03%
Splinter Twin	$17.36	$20.00 (highest price $30 in Apr-May)	42.13%
Leyline of Sanctity	$14.99	$32.00	53.16%
Daybreak Coronet	$14.68	$35.00	58.06%
Primeval Titan	$14.28	$15.00	4.80%
Kiki-Jiki, Mirror Breaker	$14.16	$27.00	47.56%
Wilt-Leaf Liege	$11.00	$15.00 (highest price $30 in Apr-May)	63.33%
Tezzeret the Seeker	$9.67	$15.00	35.53%
Blinkmoth Nexus	$8.12	$11.00	26.18%
Remand	$8.10	$12.00	32.50%
All Is Dust	$6.97	$22.00	68.32%
Eye of Ugin	$4.45	$9.00 (highest price $18 in Apr-May)	75.28%
Creakwood Liege	$3.99	$13.00	69.31%
Hurkyl’s Recall	$3.98	$12.00	66.83%
Etched Champion	$3.96	$6.00	34.00%
Surgical Extraction	$3.84	$7.00	45.14%
Necroskitter	$2.63	$6.00	56.17%
Mirran Crusader	$2.52	$3.50	28.00%
Puppeteer Clique	$2.47	$6.00	58.83%
Lightning Bolt	$2.33	$2.00 – $3.00	22.33%
Apocalypse Hydra	$2.25	$10.00	77.50%
Electrolyze	$1.97	$3.00	34.33%
Mystic Snake	$1.93	$2.50	22.80%

(All cards in MM 2015 with a buylist price of $1 or more. Bolded all discounts of 35% or less to see which cards were the least affected by reprinting).

OK, so taking a look at the cards that were the least affected by the reprint. So far, the top five are:

Primeval Titan, 5%
Spellskite, 14%
Tarmogoyf, 18%
Bitterblossom, 20%
Mox Opal, 25%

This is pretty interesting to me – who would have thought that Primeval Titan would still be about the same price after the reprint? The only deck it’s played in is Amulet Bloom, a deck that was almost destroyed by the banning of its champion Speck if not for the superb finish of Justin Cohen at GP DC. Also, it’s banned in Commander! Where is this demand coming from!? Well, my guess is that more people became very interested in Bloom Titan after seeing Justin smash face with it, and this makes me think that other pieces of the deck that haven’t been reprinted (and there a few – Azusa, Hive Mind, Summoner’s Pact, Gemstone Mine, etc.) will soon be under someone’s radar.

Though I shouldn’t be surprised, I’m still pretty confused as to why Spellskite hasn’t dropped much in price. The card is mainly sideboard tech, albeit one that is included in basically everyone’s sideboard in Modern, but for a reprint to not move the price more than 15% is pretty telling. This means that many more people are trying to pick up Spellskite in order to combat the onslaught of Twin variants and decks that pack tons of spot removal. Due to Phyrexian mana, it truly is an evergreen card that can perform well in every deck / sideboard.

Bitterblossom is yet another interesting case – why drop just 20% when it’s only played in Tier 2 strategies Black/White tokens and Faeries? In this case, mythic rare scarcity could be playing a part in the price sustainability. However, the first printing of Bitterblossom was at rare — unlike Primeval Titan, which has always been a mythic. Could this be telling us that players getting into Modern are starting with B/W Tokens (due to the event deck) or Faeries? Here are some other cards from those decks that have started jumping or might jump soon:

B/W Tokens
Faeries

Open Discussion – Cards Not in the Set and Their Futures

Already we’ve seen several cards start climbing up in price due to not being in Modern Masters 2015.

Blood Moon – This card has spiked to $50 due to a buyout, but I’m not sure if it can sustain that price. Blood Moon is great in Modern but only because people are playing greedy, three-color decks that can be hosed by it. Plus, in certain matchups it can be dead. The card was printed in Chronicles, so there are tons of these out there. I think if you want to pick up Blood Moons you will unfortunately have to wait.

Urza’s Mine (and others) – Another buyout on TCGPlayer, this card will increase in price but the $18 I’m seeing it listed at won’t stick. However, this buyout will get people to notice that Tron lands were not in MM15 so expect the prices of others to tick up over time as well.

Omniscience – MTGPrice authors from Vegas were tweeting and writing updates about how Omniscience seems to have been bought up by a ton of the vendors and that they were continuing to seek more copies. This is a Modern legal card, however demand here is coming from Legacy (since Omni-Show is currently one of the best decks in the format) and casual/EDH demand. Still though, regular copies are closing in on $35 and foils have broken past $100 due to not being seen in Modern Masters 2015.

Snapcaster Mage – Everyone’s “duh” pick for going up in price since we knew Innistrad wasn’t part of the MM15 set, Snapcaster has now broken through $60 and I don’t see him stopping there until the next reprint. He is currently one of the most played cards in Modern. Foils have yet to catch up to the regular price, so if that’s your thing now would be the time to get in on foil Snapcaster Mages.

Inkmoth Nexus – Blinkmoth Nexus was given the nod for MM15, which means that cousin Inkmoth was ripe for a price increase. This was probably one of the fastest cards to spike after MM15 was fully spoiled. I expect that Inkmoth will continue to go up since the decrease in price of Mox Opal and Etched Champion means that other parts of the deck will become more expensive over time. Steel Overseer is probably next in line for a price hike.

Sower of Temptation – Casual and Modern sideboard demand has driven up the price of Sower to $25, and I can see it continuing to climb since Lorwyn is such a hard-to-find set. Be aware, though: this card is easily reprintable.

Horizon Canopy and Grove of the Burnwillows – How these lands managed to dodge a reprint, I’ll never know, but they did so expect prices to start climbing up to match demand for Tron and Bogles players out there. One theory that Burnwillows didn’t get the reprint is because they knew Birthing Pod would be banned, so one of primary drivers for demand is now gone.

Twilight Mire (and other filter lands) – Though they didn’t get a reprint and will continue to creep up, I still advocate avoiding these lands at all cost. Once they get reprinted, they will be hit hard so only get enough copies for your immediate needs and nothing more.

Rings of Brighthearth – With non-foil copies clocking in over $20, this card has infinite casual demand behind it. Again though, like filter lands once the inevitable reprint occurs it will bottom out hard and take forever to recover. Acquire with care.

Might of Old Krosa – Due to the reprint dodge, these have hit $9 and I don’t see them stopping since Infect is a viable Modern strategy.

Choke – An amazing sideboard card in Modern and even Legacy, I expect Choke to also creep up over time due to not getting a reprint.

Engineered Explosives – My final card mention is E.E., which according to floor reports was one of the sought after cards by vendors in the Modern Masters three GP weekend. It has been slowly climbing up to $10 but I still think it has legs and will grow more over time.

Too Many Cards, So Little Time

I believe Jason was the first to mention this but it’s pretty obvious in retrospect – Wizards can’t reprint everything. I’m sure you’re starting to get the picture at this point, but the release of Modern Masters 2015 caused just as many (if not more) price hikes as it did discounts for cards. For several Modern staples, the prices are now low enough that getting in on a deck like Splinter Twin or Affinity is starting to look plausible for many folks. However, the parts that weren’t reprinted will start rising due to the demand of the other cards and probably make it a wash in the end for those players who pick up singles more slowly than others. That’s all for this week, thanks for reading.

Jared Yost, The Gilded Goblin

Modern Masters 2015 – Release Weekend Update

May 25, 2015 Jared Yost 18 Comments

First, the good news. Modern Masters 2015 can be reordered, so you can all rejoice about how easy it is to get packs.

Now, the negatives. If you want those MM 2015 packs right away please keep in mind that there are several issues going on with the first print run of the set. This first run might not be that desirable due to printing and packaging errors. And let me be clear, there are many errors with this product. James did a good job in pointing out the issues.

Non-Tamper Proof Packaging

Since Wizards decided to be Earth-friendly for the release of Modern Masters 2015, they are putting these packs in cardboard packaging and using glue to keep the packages closed together. This youtube video shows why that maybe wasn’t such a great idea. Modern Masters is going to have value, but please make sure to get your packs from reputable dealers or people that you trust.

In-Pack Card Damage

Next on the list is in-pack card damage. This Twitter picture pretty much tells it all.

I find it quite sad that every single foil common in the box was nicked in this manner. What do you do if you open a money common foil and it had this type of issue? What if every card in your pack had these kind of nicks? Not a very good feeling to see that pack fresh cards aren’t coming out NM and knowing that you have a good chance with this first run to get stuck with cards that are damaged due to the loose-packing style of the cardboard boosters.

Collation Issues

This reddit post does a great job explaining how cards in packs seem to be having collation issues. Washed out colors, misprints, badly centered cards – these are all basic things that shouldn’t be happening in sets like Dragons of Tarkir, let alone Modern Masters 2015. I’m wondering if the cardboard packaging did this to the cards or if the quality control was just that bad. Maybe it’s a one-of case that just happens to be anecdotal? Not sure, but based on what others are saying I find it hard to believe that this is an isolated case.

Pack Rarity Distribution Errors

This reddit post gives an account of packs containing no rares coming out of a sealed box. In the comments, a user gives an account of a friend opening packs containing multiple rares per pack. With this issue, I believe that Wizards will replace the defective product (that is, packs containing no rares) however it is still just another example of the low quality control seen so far.

Another issue with this is that you can even get these crazy DISCARD cards in your slot, or worse your mythic rare slot:

These DISCARD cards are a bit more common, as they have happened over the years in plenty of recent packs of sets, but to get one in a $10 pack is still pretty disheartening.

Wizards’ Response So Far

Unfortunately, I don’t think there is going to be a lot that you can do about many of these issues. Wizards was listening to feedback starting on Friday and through Saturday about the reported print run issues and released this Twitter statement along with an official statement from the mothership.

This statement doesn’t address anything with the concerns that people have been bringing up. It’s kind of a slap in the face to players, especially those who have bought boxes at WPN locations and discovered the issues with cards were nicked upon opening. Some of the louder voices on Twitter are continuously asking what we can do if we get packs with these types of print run issues. Hopefully there will be recourse in the future for the issues but for now we’ll just have to wait and see.

Continuous Discussion About Value and Condition

I’ve talked about potential issues with value for Modern Masters 2015 in my last article, but this video by Tolarian Community College does an amazing job explaining exactly why or why not to buy into Modern Masters 2015. He does get a bit preachy, especially when calling Wizards greedy for pricing packs with Goyfs in them at $10, but after seeing everything that has been going on with Modern Masters 2015 at this point I am inclined to agree with him. He also provides more documented footage of card conditions of cards that are coming out of pack fresh boosters. Great, straight-to-the-point coverage by The MTG Professor.

I realize that the vocal minority always complains the loudest. However, in my many years of playing Magic I have never experienced the amount of card quality complaints that I am seeing with this set over the past weekend. One factor could be because of the higher cost of entry – since players are paying more, they expect a higher quality product, and who can blame them. I have certain expectations when purchasing a Cadillac versus purchasing a Ford, however with Magic cards it should be even easier to guarantee that the product is up to snuff. Another reason might be the bandwagon effect – since it is popular to complain about Modern Masters 2015 during opening weekend, why not chime in with your own personal anecdote even if most other players haven’t experienced it. I mean, we’re all just kind of shooting from the hip here since we don’t know how exactly how much of the product is defective. However, recently players have said the Commander 2014 decks were also having issues, and I don’t remember the feedback for those decks being as negative as for Modern Masters 2015. This is only the first weekend, so maybe over time we’ll see that this is just overblown. However, I felt it was important to write this article because if you experienced these types of issues with your premium Modern Masters 2015 packs then please know that you are not alone and that several other community members both on Twitter and Reddit have been documenting and adding issues they are finding with the set.

I’ll leave you with this – even after seeing all of the issues with Modern Masters 2015, I still think Wizards has a chance to get it right with the next print run. They seem to have recognized that there is a problem, due to them Tweeting about it and releasing a statement on Saturday, however now we need action from Wizards to follow up with their mistakes. I expect great things from Modern Masters 2015 and hopefully future waves will correct the mistakes we are seeing on release weekend.

Jared Yost, The Gilded Goblin

Modern Masters 2015 Controversy

May 11, 2015 Jared Yost 19 Comments

So the full spoiler for Modern Masters 2015 has finally gone up at the mothership. As usual, there was both excitement and disappointment at the reveal. While players will certainly be getting some incredible staples reprinted like Tarmogoyf and Emrakul, there were also many who lamented the sheer amount of duds in the set. There are simply rares included which can’t be described as anything other than bulk. This telling graph that was posted shortly after the reveal on Reddit (link), and it tells all:

Odds are you are going to be pretty disappointed with those $10 packs if you buy them one at a time. On the plus side, If you’re lucky enough to pull a mythic rare than you have a very good chance of getting your value back and being quite happy – there are many more valuable mythic rares this time around than last time. Thankfully Wizards has learned from the Kamigawa dragon cycle fiasco. Yet, did they really have to put so many bulk rares into a set that is supposed to get Modern staples out there into the market? I realize that we as players want this set to be an amazing limited experience – there’s no doubt that players even until this day still enjoy drafting Modern Masters 2013 and I have friends that keep MM cubes together because reliving the experience is just so much fun. However, I think there is a way to balance this out that Wizards seems to have missed.

We Get Phyrexian Mana But…

There is no Gitaxian Probe. That’s right folks, what was probably on the Top 10 of everybody’s guesses at what was going to be printed into oblivion this summer got a reprint reprieve. When I saw Mutagenic Growth and Gut Shot without their blue brethren, my head turned slightly to the side like this.

Seriously, huh!?!? Well, that bodes well for the set foil copies that I picked up at $3 each but now I’m wishing I didn’t out all the promo copies that I’ve been acquiring. Thankfully we’re getting Spellskite this time around so everyone can stop complaining about how a card that only sees one or two copies per deck is over $20. Not anymore!

We Get Repeal But…

There is no Serum Visions. Alright, this one made me shake my head in serious disbelief. This was my number one card for getting a reprint in the set. This was the most obvious call! Yet, it was not to be and the little common that could will continue to keep climbing to completely absurd prices. Hope you at least held on to a playset because without a reprint in the near future Serum Visions is going up, up, up…

At least blue gave us the following:

Cryptic Command

Hurkyl’s Recall

Remand

We’ll just have to take the good with the bad, like we usually do as Magic players.

We Got Daybreak Coronet, yay! But…

The set has practically no Limited support for the enchantment-enchantment that is the all star of the Bogles deck. In other words, if you decided to actually, you know, draft the set then God forbid that you open one of these in your pack! Even worse is if you’re stuck with one of these in your GP Vegas Sealed pool! Talk about bad value, at least play-wise.

Thankfully, we did get the following spicy enchantments:

Splinter Twin

Leyline of Sanctity

Bitterblossom

So again, we must take the good with the bad. Ironically, Wizards was okay with just throwing in Leyline of Sanctity to get more copies out there (let’s face it: the card is actually worse than Daybreak Coronet in Limited) while at the same time excluding commons like Serum Visions and Gitaxian Probe. Sigh.

We Get Great Mythics But…

We’ve got a great assortment of mythics this time around – all of them are currently valued pretty high besides Comet Storm. Initial comparisons of prices (current day) were drawn up on the mtgfinance subreddit and this is what we have so far:

That’s a significant amount of mythics currently over $15. But, some won’t stay that way as time goes on – lots of cards are going to drop in price in the short term. Casual hits will drop in price as the market becomes saturated and that will be the time to pick them up.

Look at all those terrible, bulk rares. So let me see, besides a lack of commons and uncommons that are within the $2-$4 range, we also have a pretty decent chance of getting Inexorable Tide in a $10 pack? That just seems cruel to people who only buy one pack, Wizards.

It is cool that certain cards were downgraded to rare, like All is Dust – so instead of taking up a mythic slot you now have a much better chance of value at rare until the market is saturated. Still though, for every All is Dust there is going to be a Shadowmage Infiltrator, and for every Noble Hierarch there will be an Ant Queen. Since this is Modern Masters, the prices for many of these cards only stand to go down during the short term as more product is released to the market.

It’s Not All Doom and Gloom!

In summary, Modern Masters 2015 is a mixed bag just like the last one. While last time we received terrible mythics and decent rares, this time around we’ve gotten great mythics and mostly bad rares. To be fair though, they are only bad if we categorize them all as tournament staples – there are plenty of casual targets in those rares that are bound to go up once their price bottoms out such as Creakwood Liege. Like Warren Buffet (and Sig!), we should find opportunity where others find woe. Look for the diamonds hidden the rough that will grow over time due to non-Modern demand.

Also, even though there will be some bumps in terms of Sealed Deck play, this format looks great for Draft! My friends and I are going to love building and playing with a Cube of this set, and drafting fresh packs will surely lead to many memorable games.

I haven’t done the expected value per pack calculations on the set yet, but I’m guessing that the math will show that EV is going to be equal to MSRP in the short term when more than just the mythics and rares are considered (even with all the non-inclusions at common/uncommon). Singles might drop, however per pack players should be, on average, pretty satisfied with their pulls, especially since there is a foil in every pack. Plus, the mythics might not drop all that much if the set is scarcer than Wizards has led us to believe. Wizards is very good at pricing these types of products based on market research, so if you open a ton of packs right way you are bound to at least make your money back if we bring the commons and uncommons into the equation (thanks James Chillcott for the insight!).

What are your big targets from this set once the prices start to nose dive? Mine are Emrakul, the Aeons Torn, Kozilek, Butcher of Truth, Cryptic Command, Noble Hierarch, and Creakwood Liege.

Jared Yost, The Gilded Goblin

What’s on the Reserved List – Legends Edition

May 4, 2015 Jared Yost 3 Comments

Legends has always been a fascinating set full of unique cards. It is certainly a set that we should keep our eyes on for card price movements. The Tabernacle at Pendrell Vale, Invoke Prejudice, Angus Mackenzie, In the Eye of Chaos, and Land Equilibrium have all seen substantial gains over the past few years. For some of them, these gains are only going to be greater as the years go on because they will become harder and harder to find.

Recently there has been buzz around cards from Legends that have been gaining steam recently. Cards that have started seeing gains include the likes of Ragnar, Eureka, Divine Intervention, Lady Evangela, and Telekinesis. Well gee, what gives here? Sure, we could attribute some this movement to Tiny Leaders speculation since they are old, hard to find cards that can fill niche roles in the format. However, why are cards like Eureka and Divine Intervention gaining steam these days?

Simply, the Reserve List.

Today, I’m going to throw all of the cards from Legends on the Reserve List at you and provide some quick commentary on where I think its future will price will end up. This will cover everything from Tabernacle to Wood Elemental. Some of the areas of interest I’ll be looking for are:

Has this card’s effect been replicated in any way?
- Follow up – Has this card’s effect already been outclassed by recent cards?
What formats will the card be played in?
Does the card have a good probability of being outclassed in the future?

With those questions in mind let’s take a look at some of our Reserve List friends from Legends. One thing to keep in mind is when I say a card will “never be created again in a similar fashion,” I’m referring to Wizards’ modern design policies for how they want Magic to be created. Some examples includes watering down counterspells, making sure removal isn’t too efficient and “Staxx effects” that destroy lands, prevent spells from being cast or can easily lock the game down on a significantly early turn.

The List

Card	Comments
The Abyss	Our list starts out with one of the most expensive cards from Legends. The Abyss is something that will never be created again in a similar fashion. Imagine casting this on turn two with a Dark Ritual! Oh, the humanity. This is the definition of a Staxx effect that will never return. Magus of the Abyss is easy to remove and can actually kill itself without other creatures on your side of the board (which is why it’s a bulk rare) and I believe that is the closest we’ll ever get to seeing The Abyss’ power again. Well, Call to the Grave is pretty close but does cost one mana more! This bodes well for the card’s future price, as it is set to only go up over time. This is a slow gainer though – the price hasn’t even moved in the past four years. It will be some time before this card goes up again because it has limited use in Constructed Magic, which relegates it to the kitchen tables and Commander games. Certainly a card to keep your eye on if you want to pick up something neat for your black Commander deck.
Acid Rain	WELL, if green ever does become the dominant color of Magic in fifty years, this could be as insane as Boil!…. This card already being at $20 is pretty high for its limited utility. Color hosers are only as good in Constructed as the metagame, and for eternal formats blue will always be king which relegates cheap, massive Forest killing to the side. Cool art but this card has been outclassed by other blue things over the years. Sure, you can troll your Commander group with this if they have a particular knack for dual lands the color blue in general, though otherwise this will be a slooooooow gainer over the years.
Adun Oakenshield	Depending on where you look, Adun is anywhere from $40 to $50 or more. This card took a particular hard spike back in April 2013 because someone recognized that it is pretty killer in Commander as a general. Tiny Leaders could add future value to Adun so he is something to watch out for in the future even at the current price.
Al-abara’s Carpet	This card is actually pretty insane, barring that you play it early enough in a Commander game and your opponent isn’t playing a ton of flyers. I would say at $5 the “poor man’s Moat” is pretty cheap for the reserved list and has a powerful effect. Certainly blows Scarecrow out of the water!
Alchor’s Tomb	This is an example of a “do nothing” card – it costs a ton of mana for an effect that does nothing to hamper your opponent or increase your own board position without heavy outside support. The only reason this card is $3 is because it is on the list. This is the first card we’ve encountered that is RSB – reserve list bulk. Avoid.
All Hallow’s Eve	One mana short of being in Tiny Leaders, this card could have fit right in with Time Spiral block since the scream counters are basically the same as the Suspend mechanic. The inspiration for Twilight’s Call, Living Death, and Living End, the card has power even if it is delayed. At $40, it is a pricier card that probably will get outclassed in the future as Living End has a Modern deck based around it and is still only $6. Though neat, probably better to avoid if you’re looking for quicker gains.
Angus Mackenzie	With Commander and Tiny Leaders demand, Angus has been gaining steadily over the past several years and has no signs of stopping. A great general and powerful static effect, I can only see him growing more steadily as the years go on. One thing to keep in mind is that Angus’ effect might be outclassed in the future, though the creature would probably cost much more mana for a similar effect.
Bartel Runeaxe	Legendary, yet sadly has been severely outclassed over the years by creature creep. RSB.
Boris Devilboon	Boris does seem like he good be good, but he is competing with similar cards like Sek’Kura, Deathkeeper in the modern Magic landscape. Looking closer, he has weak stats for his mana cost and the activated ability is costly as well. RSB.
Caverns of Despair	Similar to Al-abara’s Carpet, this card has a decently powerful effect since it gives red access to something that these days it would never receive. It’s pretty nice for control decks since it gives them another tool to stave off creatures. Though we look to Crawlspace as the de facto way to control attacks, this card also affects blocking creatures which is something to note. I can see it being outclassed in the future, though not in the color red. Keep an eye on this one moving forward.
Chains of Mephistopheles	Chains is already crazy expensive, however it could get even more expensive as time goes on. It is a card that sees niche play in Legacy and is certainly cube and Commander worthy. The price explosion I believe is pretty much over, since the card has gone from $50 to $350 in the space of three years or so. I would still expect small, marginal gains from Chains over the next few years.
Cleanse	A Wrath of God for only black creatures, this card might see play in Legacy one day though I highly doubt it. It’s on the cheaper end at $9 but, again, where is it going to see play? It is too narrow to have any applications in constructed environments 95% of the time. Not exactly RSB yet too expensive for formats like Legacy.
Disharmony	A strictly worse Grab the Reins, this card is another to be avoided since it has been outclassed. RSB.
Divine Intervention	Even though this card says the game ends in a draw, I think we can all agree that it you get this to go off in a game of Commander that you’re the real winner. A neat card without any near comparisons other than the “you win the game” cycle of enchantments from Judgment, I could see this card gaining traction over time as players try to jam it into Commander as a fun way to end the game. A very slow gainer financially.
Elder Spawn	Terrible creature, has been outclassed over the years. RSB.
Eureka	A wild and crazy card that fits right in with a game of Commander, this card has massive casual appeal since it allows you to play all those Eldrazi and planeswalkers from your hand for free! Pretty neat! I believe I have also seen this card in a Legacy deck at some point (can’t remember which exactly) so it could pop up again in eternal formats if Hypergenesis-type decks become good again. A slow gainer, but could spike if featured in a Legacy deck at some point.
Falling Star	Yeah, this card is back when Wizards thought Chaos Orb was cool… Yeah, turns out people don’t like flipping their cards physically while playing with them. Not something you want to pick up for anything, really. RSB.
Field of Dreams	OK, so black gets The Abyss and blue gets… this? Wow, can’t believe blue got the shaft here though I guess sometimes the power needs to shift to other colors (except green, of course – this is back when green was terrible). Avoid, has been outclassed over the years. RSB.
Firestorm Phoenix	We’ve gotten several better phoenixs over the years, avoid. RSB.
Forethought Amulet	The effect is way too narrow to be good, even with future cards added. Also, an upkeep of three mana to keep in play? Yeah, no thanks. RSB.
Gosta Dirk	Legendary, but sadly has been severely outclassed over the years by creature creep. RSB.
Gravity Sphere	Now here’s a card that has potential! Gravity Sphere is great at punishing blue players and similar by taking away flying. This card would fit right in with a tokens deck these days and has the added bonus of always grounding future insane flyers that Wizards decides to print. Also, Tiny Leaders relevant! Keep an eye out on this card moving forward.
Gwendlyn Di Corci	Gwendlyn is… ok. She has decent stats, however the mana cost is atrocious and the ability is sub-par at best. At $25 I don’t see how this becomes more expensive as time goes on and could easily be outclassed by future creature creep in Commander pre-cons and such.
Halfdane	Though neat, this card is strictly a casual-only card as it the effect is decent yet not game breaking enough most of the time. You would have to find a way to give Halfdane other abilities like flying to make it really good. I could see this getting outclassed by similar clone effects, especially for the mana cost, however Halfdane is under $10 and could go up over the years if Shapeshifters become a thing as a tribe.
Hazezon Tamar	Though slow, Hazezon is certainly powerful if you can get him to stick. I believe that he is a slightly worse Avenger of Zendikar that you can play as a general. I think this card is rare enough to maintain the current price but will need a ton of support from future sets if it ever is going to go higher than $45.
Hellfire	Hellfire is really strong however a dangerous card in formats like Commander. Yes, in a mono-black deck this can be incredible but you are risking doing a ton of damage to yourself. Lifelink and lifegain are possibilities, though. At $16 this is one of the cheaper Legends cards and has potential in the future if mass removal continues to be printed at higher converted mana costs.
Imprison	Terrible card, easily outclassed by other black removal. RSB.
In the Eye of Chaos	This card was seeing some play as a sideboard card in Legacy decks as a way to help stabilize after maintaining board control. It is also pretty nice in creature based Commander or Tiny Leaders decks, as it prevents the opponent from easily casting instants and sorceries to catch up. This is one to look out for the in the future, as it has already started climbing up in price and continues to climb as more players become aware of it.
Infinite Authority	Marginal effect for a crazy mana cost, and is an aura to boot. RSB.
Invoke Prejudice	Similar to In the Eye of Chaos, Invoke Prejudice is absurdly powerful in casual mono-blue decks. It makes all their creatures cost double the mana and can easily lock opponents out of the game. Even at a cost of quad-blue, the card has reached heights of $130. It does seem to be stabilizing here, and I don’t expect another huge increase for some time. Expect slow gains for this card.
Jacques le Vert	As a general, this guy is marginal but certainly can be built around with such tools as Assault Formation to get more damage in. $5 is on the cheaper end of Legends cards, and with more support I could see a substantial price increase for Jacques.
Jovial Evil	I guess you could kill someone playing a white weenie deck randomly with this card however the application is super narrow outside of this interaction. RSB.
Knowledge Vault	Not that great – according to ME III this card should have only been an uncommon. RSB.
Kobold Overlord	Thank you Prossh for turning this into a $15 card! Could it go higher? Possibly, but unlikely in the near future unless somehow more Kobold support is printed…
Lady Caleria	Way too expensive for the stats and effect. RSB.
Lady Evangela	One of the recent cards to spike in price, my guess is this was Tiny Leaders speculation. I’m somewhat doubtful as to its application though since removal is prevalent in the format and she is only a 1/2… Not sure I like it at $15.
Land Equilibrium	Wow, this card is the definition of unfun. We will never see a card like this in Magic’s future since it can so easily prevent your opponent from executing their game plan if you’re close on land counts. The card has seen substantial gains over the past few years due to players realizing how strange and power this enchantment can be, though I doubt it will see these types of gains again in the near future.
Life Matrix	Terrible, been outclassed by many other cards. RSB.
Lifeblood	Color hosers really shouldn’t be rare… sigh. This card is powerful but again has narrow applications, so RSB.
Living Plane	This card has some “fun” interactions with ping effects and other cards that can do one damage several times in one turn. We’re not likely to see cards like this again, so like Land Equilibrium this will go up over time though its bound to be a slow gainer (even after seeing a steady increase in price since three years ago). Planar Chaos has shown us that we can get similar effects in the future (Life and Limb).
Livonya Silone	Hmm, this card is actually pretty solid since Legendary lands are played pretty often in Commander. This card allows you to play a red/green general that is decent at blocking and can sometimes get in for some damage. At $5, its pretty cheap but again could be easily outclassed in the future. Still, this is a card to watch and see if the future makes it better or worse.
Mana Matrix	This is a pretty decent artifact in the right deck, and actually makes all of those big, splashy instants and sorceries Wizards has been pumping out somewhat castable! The card’s price has been pretty steady historically, so eventually we will be in for an increase once some really good sorcery / instant support is introduced.
Master of the Hunt	Master of the Wild Hunt is much better. RSB.
Mirror Universe	Cool card with a unique ability. This card has a lot of casual love, which has kept it over $40 for a long time. Similar to Mana Matrix, this card’s price hasn’t moved in some time and could be due for a correction eventually. Though Soul Conduit represents more repeatable switching (and other Commander shenanigans) why not play both in the same deck?
Moat	One of the big daddies of Legends with Tabernacle, Moat is a card that is never going to be going down in price as time goes on. The effect is way too powerful to see print again (expect in crappy creature form) and players know this. It is even somewhat Legacy playable from time to time in the right deck. Expect slow increases over the years.
Mold Demon	So bad, oh so bad… RSB.
Nether Void	Similar to The Abyss, Nether Void is another black enchantment that basically locks the game down after it is cast. Trying to cast spells after this comes down is going to be pretty difficult, and again Wizards’ policies these days are to avoid Staxx cards like this that prevent players from playing the game. The card has seen some growth over the years, since it is occasionally seen in Legacy (or maybe even Vintage) decks however I would guess Commander drives much of the card’s price. Expect slow increases to continue
North Star	Do nothing card, avoid. RSB.
Nova Pentacle	Too expensive for the effect, will never see play even in slow formats like Commander. RSB.
Pixie Queen	Green giving creatures flying is cool. Too bad it costs seven mana is tacked on to a 1/1 boy. Way too overcosted for the effect. RSB.
Planar Gate	Like Mana Matrix but for creatures. This card hasn’t moved much in quite a while so I think it is up for a price correction as players look to play more artifacts that reduce the cost of creature spells.
Quarum Trench Gnomes	This is a really bad color hoser… RSB.
Ragnar	The other Legends card to spike recently, Ragnar could actually be pretty decent in Tiny Leaders since he allows regeneration to happen in a format full of removal. Again, like Lady Evangela the price is pretty overcosted for the stats. I guess in Tiny Leaders you take what you can get. I expect the price to settle down a bit as more cards are introduced to Tiny Leaders (aka power creep happens).
Ramses Overdark	Bad, narrow creature. RSB.
Rapid Fire	Expensive instant with marginal abilities. RSB.
Rasputin Dreamweaver	This guy makes an awesome Commander because he can protect himself and make future cards you play cheaper with the dream counters. Plus, he can add dream counters to himself as well! Rasputin has gone up in price over time due to this and I expect that climb to continue albeit slowly.
Reverberation	Too narrow of an effect for a rare. RSB.
Ring of Immortals	Too narrow of an effect and overcosted. RSB.
Rohgahh of Kher Keep	Combos well with Prossh, which should keep the price steady for a while. I believe the price did spike when the Commander 2013 decks were released but quickly went back down. Certainly a card to keep an eye out for once Prossh himself starts increasing in price – you can bet this card will follow suit!
Spinal Villain	Could be an interesting sideboard option for Tiny Leaders or even Legacy, however being a 1/2 is definitely not that great. This is one of the stronger color hosers in the set and should be watched in case blue creature decks (like Merfolk) start dominating Legacy. However, due to the combo nature of the format I don’t really see that happening.
Spiritual Sanctuary	Very bad card in general, should never have been a rare. RSB.
Storm World	For one mana, I think this card deserves a second look. It’s kind of like The Rack except you can only have one of them in play. For Commander, these types of restrictions don’t matter so that isn’t really a strike against it. For black/red discard decks, this card can do some heavy lifting for only one mana. I think at $5 this is one enchantment to keep an eye out for.
Sword of the Ages	Certainly an interesting effect, though it requires you to kill practically all of your creatures. Decent in 1v1, however in Commander it’s pretty bad and unfortunately that is where this card is relegated. RSB.
The Tabernacle at Pendrell Vale	Like our friend Moat, Tabernacle is all $$$ and will continue to be collected over the years as the best card from Legends. A slow, steady gainer for sure but the most solid bet for a card that will maintain value from the Legends set.
Telekinesis	This card has always been around $8, and my thinking is that this offers Tiny Leaders blue decks something to do while they are setting up their combo (or whatever they’re doing). I expect we’ll get better creature removal in blue as the years go on, however the effect is unique and might see an uptick in price if Tiny Leaders gains traction.
Tetsuo Umezawa	Again, a Tiny Leaders increase that happened recently has made this card go from $22 to $40 this year. Unlike other Tiny Leaders specs from this set, Tetsuo is actually somewhat powerful in that he can kill tapped creatures every turn like Royal Assassin. Yet, I’m not sure it can go higher than $40 for the time being, and could even start dropping in price if more Tiny Commanders are printed in Grixis colors.
Thunder Spirit	The inspiration for Thunder Totem, we have a similar card in Sky Spirit that is only white mana. I wouldn’t expect Thunder Spirit to be breaking any formats if Sky Spirit is only $0.20.
Tuknir Deathlock	Hmm, a flying 2/2 in G/R? Interesting… and it can also pump creatures +2/+2 until end of turn? Yes, this is interesting… The question is though, is it good enough for Commander? Surprisingly, that answer could be yes since this card is so weird. At $3.50, this is one of the cheaper cards from the set and the effect is definitely unique for G/R.
Typhoon	Pretty bad in eternal formats, even as a color hoser. RSB.
Ur-Drago	Really bad, overcosted creature. RSB.
Willow Satyr	This card is pretty cool and offers green a Control Magic effect that is rarely seen in that slice of the color pie. In Commander, this card is great because you can randomly steal other people’s generals since you’re playing green and no one would expect this! At $15 that is pretty cheap for a powerful effect.
Wood Elemental	Utter garbage. I believe that this card is so bad that it actually has made several official Top 10 Worst Magic Cards lists. RSB to the max.

Conclusions

OK, based on that wall of text what are my top picks from Legends that might be undervalued? They are:

All of these cards are in the $5-$15 range, which is fairly cheap for Reserve List cards, and will never be printed again. They all have decent effects that get better over time as more cards are introduced to the card pool. They all interact fairly well in Commander, and though aren’t the best at what they do anymore they still provide extra ‘similar effect’ copies of cards that you can use if you’re looking for more ways to create redundancy in a deck.

Of course, we all know what the solid cards of Legends are (just check out the higher priced cards at the MTGPrice page for top Legends cards) but what are you guys tracking from Legends, if anything? Are there any undervalued reserve list cards that I just glossed over that you might think have potential? Let me know what you think in the comments!

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