Category Archives: Conjured Currency

Reserved List in Commander

So About Those Legacy Cards….

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How about that? Magic prices have been going crazy over the past few weeks, and a lot of it is thanks to the Eternal Masters Announcement that I personally haven’t really talked about a whole lot. I’ve been more focused on casual hits and collection grinding recently to worry about that kind of stuff, although I did enjoy the jumps on a few Legacy staples. Thankfully, the market that I want to talk about today moves a lot slower than the more competitive land of 4-ofs. While the wake-up call of “Reserved List is here to stay” has driven some interesting Legacy prices spikes, I’m happy to say that Commander has so far remained relatively untouched. If you’re someone who’s been on the fence about certain Commander staples for a while, let me be one of the first to say that you don’t have a lot of time left.

Why Commander?

First, let me address some of the reasons for speculating on cards when their sole demand comes from singleton formats like Commander, Cube, and Tiny Lea-hahahaha…. Sorry, I couldn’t write that with a straight face. Anyway, let’s say for example that you buy 9x SP copies of Volrath’s Stronghold for $21.29 each. You know that it’s a powerful staple in almost every black Commander deck, and you’ve jammed it in at least a few Cube drafts before. According to EDHrec, Stronghold sees play in 10% of all decks that can support it. While this isn’t close to the numbers of staple cards like Eternal Witness or Sol Ring, it’s still a strong showing and a versatile card.

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You did so because you’ve been noticing the supply dwindle on TCGplayer from 48 sellers with no price filters, all the way down to 30 sellers as of 3/1/2016. You want to check vendor confidence in the card, so you check SCG’s storefront and their buylist. They’re currently out of stock on Volrath’s Stronghold at $30, and their buylist for NM copies is $17.50, which is 75% of the TCGmid price today. Starcity wants more Strongholds, so I’m going to follow suit.

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One of the problems in speculating on a 1-of wonder is the inability to unload a significant amount of copies relatively quickly. Patience is a virtue when dealing with Commander cards and finding the right buyer for them, because we’re not shipping them out in playsets or selling into the hype from tournament results. We have to accept the slow trickle of sales as they come, and that type of strategy certainly isn’t for everyone. It’s probable that this is not the single best Magic: The Gathering card to buy right now if you’re looking to make a huge amount of money in a short period of time (In other words, it’s not the next City of Traitors where you can easily sell playsets to aspiring Legacy players). However I think it’s safe to say that cards like Volrath’s Stronghold and Earthcraft are some of the safest buys you can make at the moment (Except bulk rares!), especially if you intend to jam them into your Commander decks for the next year or so.

Specsheet Tracking

I sometimes obsess over cards that I speculate on, because I’m that confident in them. Many of the cards that I buy in collections and set aside for later have an “Eh, maybe one day” feel attached to them (Breaking // Entering, Seance, and Aggressive Mining are some of the forerunners in this category). However, the rest are the vocal majority that I’ve chosen to write about. I like to break down as many aspects of the card as possible, and keep my finger on the pulse day after day to check any minuscule change. Noticing the small 2-3% increases in price day after day is often the sign of an incoming spike in the near future.

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While this spreadsheet model is far from perfect, I think it’s a decent representation of the factors that I’m trying to keep track of in my single-card case studies. Creating an “MTGfinance” routine in the morning can take less than ten minutes; simply scroll through Twitter, check your mtgstocks interests, and take quick glances at the applicable pieces of information in the spreadsheet above.

So Other than Stronghold….

Oh, right. Volrath’s Stronghold is obviously not the only card that we need to keep our eyes on here.

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Is “Buy reserved list cards” going to be earth-shattering news to anyone with a cardboard cutout degree in Magic finance? No, of course not. You all have already made your money on Mox Diamond and City of Traitors, so these singletons are irrelevant to you.

 

End Step

  • Breaking news: Wizards just announced the first werewolf planeswalker, which we can probably assume will follow the trend of being a double-sided walker like Garruk Relentless. I would assume that she is able to flip back and forth between forms due to the following line “she can control the transformation, in both directions, with relative ease.
  • As we talked about last week in the Werewolf article, the Shadows over Innistrad checklist that was spoiled shows no mention of any legendary werewolf or planeswalker, but it is labeled “CH1/297”. I think this all but confirms that we will receive a second checklist card with a separate set of double-faced cards to represent [Ed note: Wednesday’s Werewolf Planeswalker announcement supports this]
  • I do not think that Wizards will reuse the templating from the Origins planeswalkers, because “Legendary creature turning into planeswalker” now has the flavor attachment of igniting a spark and having time pass between the two faces of the card.

Wherewolves and Whywolves

I Have Returned

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So, I’m back. It’s been a while since I’ve actually had the chance to sit down and write, so let me explain. If you don’t give a crap about my personal life and explorations, I don’t hold a grudge against you for skipping ahead to the bold heading a few paragraphs below that reads “Finance Starts Here”. I promise there’ll be an entire article’s worth of content down there. I’ll start by saying I’ve had an interesting couple of weeks, and we have a hell of a lot of content to talk about. WordPress decided to mutiny and failed to publish my article (the one that was published last Thursday) on time, and Corbin wasn’t able to catch it because of a battle with the flu. Therefore, the article that went up last week was supposed to go up the week  before that on the 11th, and I didn’t catch it because I was on a 15 hour drive. Mistakes were made by multiple people on the team, and we apologize.

Okay, so remember that trip to Georgia I was talking about a few weeks ago? Remember how I said I was going to shopcrawl? Well, I didn’t get the chance to. I had a bunch of stores picked out, and our plan to leave at 3AM from upstate NY was in place weeks in advance. While Oswego is normally known for its’ incredible levels of snowfall and cold weather, the weeks leading up to our trip had left us with zero snow whatsoever.

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Unfortunately, the powers that be were saving up all of the snow over the past month, and felt the need to dump it all on us on the evening before our trip was scheduled to begin. When we braved the storm outside into the campus parking lot, we learned that we were completely trapped until the snowplow came through so that we could shovel ourselves out.

Except that it never happened. It wasn’t until 9AM that we managed to give up on the plow coming through, and tried to dig ourselves out and use tracks that someone else had made, so we were six hours late on the start of our journey. No shopcrawling, as we needed to actually make it to the hotel in time. Alright, fine. I’ll just shopcrawl on the way b–

Nope. A deadly combination of a personal emergency on Sunday night combined with another ridiculous snowstorm up north meant that we had to put the bulk buys on hold as we rushed back to NY on Monday. One small vehicle collision on I-81 at 12:30AM later, and my fiancee’ and I were stranded at a motel for another day in Pennsylvania while we waited for information on a rental car from the insurance. Thankfully we’re both okay, but it was certainly a stressful event overall.

Finance Starts Here

Remember that trip to Georgia I was talking about a few weeks ago? Contrary to what you may have thought, I didn’t drive all the way down there to unload pricey staples, post-spike Modern cards, or anything like that. The real treasure here was the fact that Card Advantage’s buylist is one of the deepest in the entire country. In the pictures below, ignore the first three categories. Then, convert the numbers into cents.

These are the real treasures of #mtgfinance, because it’s impossible to lose while buying bulk. While we spent almost an entire day pricing out everything and settling the final cash number, it was made much easier by the fact that everything was alphabetized beforehand. I’m sure some people reading this will take this photo as a humble brag, but it just goes to show that with a good network and the willingness to pick the dimes and quarters, you can walk away with a lot of cash that nobody else will even care to sneeze at.

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The Next Spawnsire?

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So for the past two weeks or so, I was planning to write about how Mayor of Avabruck was a darn fine spec target at his current $2. I had this whole repeat Spawnsire argument planned, and how werewolves are a slam-dunk casual tribe that were going to receive new support in Shadows over Innistrad. I was going to advise you to buy into the puppy lord so that we can all revel in his future $5 price tag together. Part of my argument included the SOI checklist card that was leaked a few weeks ago, and how Mayor was obviously not going to be included.

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That argument fell apart about ten minutes ago, when I actually put a little bit more thought into the comparisons between Spawnsire of Ulamog and Mayor. As you can see in the linked picture above, Lars on Twitter said that the possibility of receiving a Legendary werewolf this time is 99%. I thought so too, until I actually read all of the names on that checklist card. Tell me, out of all the double-sided cards that are in this set, how many of those feels like a name they would use for a legendary werewolf?

None of them. We don’t even have a character name on the sheet. Unless this is only one checklist card of two in the set (You’ll notice that we can see CH1/297 in the bottom left corner of the card), then we’re not getting a legendary werewolf. In fact, it looks like there’s less than ten werewolves in the entire set. This is a whole different level of archetype support than Eldrazi were receiving in Battle for Zendikar. None of the other rarewolves have moved an inch over the past four and a half years. If you want to, it’s still extremely easy to build a werewolf deck for less than twenty or thirty dollars because all of the pieces are literally pure bulk, and the supply is plentiful.

Because of these factors, I honestly don’t think Shadows over Innistrad will spark a surge of werewolf demand like BFZ did with the Eldrazi. While the buy-in is certainly cheap and you’re running a very low-risk operation, I think you’ll at least have to wait until more news about Eldritch Moon before we can expect returns on Mayor. or any of the other werewolf creatures.

If you’re someone who wants to throw a few dollars into the ring for fun, I can think of a couple cards that I expect to stay under the radar for a while longer. While neither of these are cards you want to buy from the internet at full retail, I’ve been stocking up on these for several years in slight hopes of a casual resurgence. I had the opportunity to move them to Card Advantage for a fair 8 cents a piece, but I quickly declined.

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As I said before; I really don’t expect demand for werewolves to spike significantly enough from SOI to put a dent in the current supply. When we look at the amount of stock that stores have below, it’s hard to expect commons and uncommons like this to move any meaningful amount.

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What we can do, however, is hold onto the cards with the hopes that we can network and make connections with non-competitive players at the prerelease, managing to get “full retail” (and by full retail, I mean the full 50 cents a piece) for our five year old commons and uncommons that have dodged reprints up until now. Putting playsets of Moonmist in your trade binder at the SOI prerelease will go a long way towards shaving discounts off the new Standard staples that you’re hunting for in the set.

End Step

While we’re still on the subject of double-sided cards, I want to talk for a minute about Delver of Secrets. Once heralded as the Nacatl of the skies while terrorizing eternal formats, Delver’s wings have been clipped for a while now, and we haven’t seen him show up recently in any sort of high-level event. What I have seen, is a group of people advocating picking them up at their current $1.50, and foils at $10, as a result of the checklist card from before confirming an absence of reprints. I honestly don’t think that alone is enough to cause demand for Delvers to increase, so I would personally away away. As a matter of fact, I sold every single Delver that I owned to Card Advantage back in Georgia for $1.00 each (which is also an example of how strong their buylist is).

 

It’s Not About the Pro Tour (Okay, I Guess it is)

Okay, it’ll probably contain a lot of stuff that pertains to the Pro Tour. What I mean is I’m not going to try to perform some fancy analysis of the decklists and then tell you to sell Eldrazi Mimics, Eye of Ugin, and Chalice of the Void. That should be fairly easy to figure out, and it’s probably too late to capitalize on the maximum possible value by the time you’re reading this. You should be aiming to sell on Saturday Night and Sunday, after the top 8 lists get posted. I sold Chalices at $50 on Saturday night, but I also sold Simian Spirit Guides at $6 each while I slept. Oh well.  Anyway, today I’ve got sort of a hodge-podge list of things I want to talk about, to bear with me as we skip around a bit throughout the article.

I’d like to start out by thanking those who defended me last week, and those who contributed thoughtful and rational disagreements without resorting to ad hominem. I appreciate all of you for reading my content, and constructive criticism is always welcome.

Let’s revisit Spreading Seas, and see how that card ended up after last week’s article. The minuscule supply of foil copies on TCGplayer and SCG finally ran dry in the couple of days leading up to my article’s release, and the card has been sitting comfortably at $20 for the past few days. Interestingly enough, Seas didn’t have any effect on the Pro Tour; it was far too slow to contest with a swarm of turn 2 kills through combat damage. While I would love to list mine on TCGplayer so I can try to sell before the race to the bottom, I’m putting my inventory on ice for my trip to Georgia this week.

If you own any foils, I suggest selling out now to anyone who is brewing a list to try and wash away the Eldrazi menace. You made your money if you bought in a week ago, so start racing to the bottom and cash out now while the card is still appetizing as a way to hate on Eye of Ugin.

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Non-foils managed to stay under the radar, and the TCG mid price has managed to avoid moving by more than a few cents. However, if you dig a little bit deeper into the actual listings, you’ll see that there are very few copies left at the $1 that the TCG price would have you believe; SCG has about 150 at $1.50, and I’m keeping a close eye on that count in preparation to sell mine on Facebook. A large majority of the listings are for at least $2-3 for near mint, and I don’t suggest buying at that price whatsoever. Let me make this clear. I DO NOT SUGGEST BUYING THE MAGIC: THE GATHERING CARD FROM THE ZENDIKAR EXPANSION PACK, FOR OVER $1.00 USD IF YOU ARE ATTEMPTING PURELY TO LATER SELL THE CARD FOR A PROFIT. (Danny: this sentence feels really weird to read to me, not sure how to fix it)

If you’ve been hoarding Seas for the past few years and setting them aside from collection picks, bulk trades, or being your own buylist in the community and picking them up at $.25, this is our chance to shine If the retail on Seas “officially” hits $3, you’re going to want to open the floodgates. A lot of the desire to include this in the current meta comes from Eye of Ugin being a big bad wolf, and any targeted bans at the deck also hurt the financial potential of Seas. Move ’em now, and be happy if you can get $2 retail on local Facebook groups or $1 buylist eventually.

While we’re swimming around in the original Zendikar block, let’s take a look at another couple of enchantments that caught my eye.

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Both of these are enchantments from the good old Stonesculptor set, which was released six years ago (You might remember that as the year Inception and Toy Story 3 were released). They both appear to have significant casual appeal at first glance, because players will always want to build Megrim and Kraken decks in kitchen table land. I’m going to predict that one of these cards will probably be $5 in a few years, akin to Sigil of the Empty Throne before it got throat-punched with a double-reprint. The other will continue to stagnate and be mostly forgotten about; even without a multiplayer reprint product. Will it be the discard win condition, or the fish finder?

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Here’s my theory; Quest for the Nihil Stone, even though it appears to have a casual appeal, will be ignored by casual players because it doesn’t beat out The Rack, or Liliana’s Caress (by the way; the fact that Caress has gone this long without a reprint is astounding, and I wouldn’t be holding onto these any longer than you have to) in the casual and competitive Rack decks. The deck has enough win conditions without Nihil Stone, and I’ve never actually sold one out of my dollar box even to the people who play discard religiously. While “people I’ve met” isn’t exactly the most statistically relevant sample size, I have never met a single non-competitive player who actually gives a crap about Nihil Stone, and I hang out with a lot of kitchen table players.

On the other hand, Quest for Ula’s Temple makes a great argument for a “why is this card $5” a few years down the line. If you pick up Magic and you want to smack nerds around with giant sea creatures, you need this card. You need four of this card. Nothing else drops free sashimi onto the field like some good old Ula’s Temple. With Kiora still alive and swimming after getting beaten by the Eldrazi harder than a Pro Tour competitor, it’s entirely possible that we see her again later on in the story. With more Kiora comes more big fish, and a few more people itching to make the sea monster deck.

Even with the world-specific name, the casual appeal of this card makes it very easy to jam into a supplemental product. To be honest, I was surprised that it wasn’t in the Commander 2014 mono-blue deck until I actually double-checked my work. While it obviously won’t see a reprint in a standard-legal set due to the time-specific setting of original Zendikar, it could possibly be jammed into a duel deck or Commander product along the way.

“But DJ, doesn’t that mean foils are the easy long term play here? A foil version wouldn’t be printed in a supplemental product, so it would avoid the price drop of a reprint entirely.” 

Not exactly. While Modern and Commander staples are generally strong foil targets, the pure casual crowd wants to stay away from foils almost entirely. These players just want the cheapest version of the card to help make their zombie deck come to (un)life, and the foil multipliers on cards like these with minimal Commander appeal are extremely low. One of my favorite examples is Lich Lord of Unx;

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Other prime candidates for low foil multipliers are Captivating Vampire and, that’s right, Quest for Ula’s Temple.  While foil copies are likely to avoid getting hit by the Yu-Gi-Oh! hammer, they’re just as unlikely to be going up in price at the same ratio as the non-foil. They’ll also be just as hard to get rid of; you’ll probably have to sell them off at the same price as non-foil just to get the kitchen table players interested.

End Step

Remember how I mentioned that Laboratory Maniac was suddenly a $4 card, and I didn’t mention why that was? I was scrolling through my Facebook feed last week, and I saw someone in the casual Magic group wanting to build a deck with Lab Maniac and Inverter of Truth. While this isn’t exactly going to go head-to-head with the Pro Tour lists, it’s definitely another Leveler-esque shenanigan that will usually give you a couple of extra turns left to put the Maniac on the board and win. They curve into each other well enough, and the Inverter can bring back a Maniac that you milled earlier while digging with Thought Scour. Both of those sentences are what a kitchen table is going to tell you right before they buy your Lab Maniacs for $4 each.

 

Spawnslicer Seas

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I really enjoy when I get to spend an entire article talking about a single card as a case study. I find it fun to break down every single aspect of a card, dissect the possible reasons and explanations behind shifts in price, and use that card as a textbook example for future buyouts, price spikes, or other shifts. My two other written examples of this in the recent past were on Spawnsire of Ulamog and Mindslicer, which were both interesting examples of phenomena in the Magic finance ecosystem with trends that were supposed to be easily predictable.

While Spawnsire was alleged to be a purely speculator-driven buyout, the levels of consistent demand that the card has shown since proved its true worth as a casual stalwart in 60-card kitchen table Eldrazi lists that were juiced up by the introduction of Battle for Zendikar. Now that a large number of those players have already picked up their Spawnsires for their non-competitive decks, we can see the demand for the card recede; Oath of the Gatewatch wasn’t nearly as exciting for Spawny.

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Mindslicer has not been as resilient to decline, but it’s certainly surprised me that the card has not dropped to dollar-rare status after the past two weeks. While none of us will ever know exactly how much money the mystery person made by buying out all of the internet of this stupid 4/3, we’ve already seen the price drop to a more rational level.

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It’s down 50 percent from the $10 that it was hanging at when I dedicated a week to discussing the buyout, and it seems to have settled for the most part. While I’m sure some of you are preparing to shout, “But DJ! The Master Buyoutmancer was able to maintain the price of Mindslicer at a level over 1000 percent higher than what it started at! You said that these evil people can’t make cards jump by ridiculous percentages and stay at those prices without actual demand.”

That’s right, I did say that. The key here is that we’ve finally reached a point in the race to the bottom where other stores are willing to partake in the transactions, and feel safe enough about selling Mindslicers at the new price that they’re putting the card on their buylists.

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ABUGames (excellent buylist) and StrikeZone Online (eh…) are both willing to take your copies of Mindslicer off your hands, and pay you actual cash dollars due to their confidence that they can resell these copies at the new established price point. While everyone’s  initial reaction (including my own) to the Mindslicer buyout was that it was going to fail, crash, and burn back down to bulk, the individual(s) who made the decision to purchase all of the available copies was confident enough that a new price would be somewhat sustainable. Instead of the good old Aluren example where the card was bought out and then forced back down to its original value due to no true demand, Mindslicer has proven against the odds that it has legitimate demand from stores and players alike.

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Washed Off Topic

Wait, where was I? Oh, right. I was going to try and write another article about a card in which I’m fairly confident in preparation for the Modern Pro Tour (yes, the same Pro Tour that I said I couldn’t care less about on the latest episode of Cartel Aristocrats). Before I go any further, I’m going to make a tiny, tiny disclaimer. Yes, I own roughly 60 copies of this card. Yes, I recognize that my writing about this card has the potential to act as a catalyst, speeding up the process at which players purchase their copies in a race to lock in their sets before risking supply running too low. For the umpteenth time, I link you to Derek Madlem’s well-written article about The Observer Effect.

However… I believe that the Pro Tour and those watching coverage will have a much stronger impact on the price and demand of a card than my content creation here at MTGPrice does. Due to the fact that my article comes out on Thursday, February 4, and the Pro Tour starts on the 5th, you should have plenty of time to buy non-foils of this card if you need them for future Modern endeavors.  I would hope that sellers on TCGplayer don’t cancel orders for a card that’s this cheap with such a low expected price jump, but you never know.

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Foils

By the time this article goes live, it will probably be too late to buy foil copies of Spreading Seas. There are zero on eBay below $15, and the ones that are $15 are being shipped all the way from Europe. TCGplayer has a whopping two foils as of February 2, and they were both probably fished out of a toilet.

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The only online vendor that I can personally find with any reasonable number of copies left is SCG, with twenty MP ones at $7.88 each (disclaimer on the disclaimer: I bought ten SP foils tonight at $8.99 each). For those of you who have been holding onto foil copies in anticipation of a future spike, I suggest selling into any Pro Tour hype you see, and trying to get around $20 for a solid double-up.

Non-foils

As for the non-foils, there are still at least 500 copies on TCGplayer alone, and another 100 on SCG. That should prevent any immediate “oh my god, Spreading Seas is a $5 common, the world is ending” tweets. I highly doubt that happens. Don’t buy a ton of Spreading Seas at $2 each expecting to make a billion dollars, because you won’t. If you happen to own some non-foils, I would wait and see what the Pro Tour does to the card. If Merfolk pounds some faces in or an alternate controlling shell shows up housing Seas, then we could be in for a nice little bump, mimicing the trends of Slippery Bogle and Wild Nacatl (speaking of Nacatl, Spreading Seas does an excellent job of making sure that cat stays wet, in addition to washing away the manabases of Tron and Eldrazi).

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If Seas shows even a drop of on-camera play this weekend, we could certainly see a bump up to $3 to $4 on non-foils in the short term.

So what are your other spec targets for the Pro Tour? While I’ll unfortunately be too busy to watch coverage of the event, our own James Chillcott will be providing up to date text coverage to make sure you don’t miss any potential new decks or cards seeing play.

Until next week! By then, I’ll be on my way to Georgia, but I should still have an article up on that day to keep you busy.

End Step

  • Laboratory Maniac is four times more expensive than you thought he was. “Oh, that card is a silly little dollar rare. It can’t possibly affect me.” WRONG. Card is four freaking American dollars, courtesy of the non-competitive market. Excuse me while I run to the store and pull a dozen of these out of my dollar box before it’s too late.
  • Ad Nauseam is finally starting to perk up from its’ bottom of $2 to $3. If you need these or Phyrexian Unlifes, buy them now. The deck can be very hard to interact with, considering it draws its entire deck for answers to kill the Leyline of Sanctity that you put down.