Readers!

“Embrace the tank” is a phrase I see a lot on social media because I am from Michigan and the Detroit Red Wings are terrible this year. Had the season not ended, they may have ended up one of the worst teams of all time. Just truly, truly abominable. I’m of course happy because the same friends who want to “tank” the season (not even try so they get last place and have the best odds of drafting 1st overall) were bragging about a 25 year streak of making the playoffs a few years ago and I’m petty. If fans of a team that made the playoffs 25 years in a row can embrace the tank, why can’t we?

You’ve Got Red On You

Card prices are tanking fairly hard. If we’re going to be greedy when others are fearful, we still need to be smart about it. It’s for this reason that I think EDH cards are the way to go. Since EDH is a casual format, people are able to play it on webcam with their friends whereas people can’t really play competitive formats in paper, which insulates EDH card prices. These months of extended social distancing will help a lot of people transition out of paper into digital but with EDH on Arena still impossible, paper EDH is further insulated. Finally, non-rotating formats will benefit as cards lose months of their limited Standard-playable window to a lack of tournament play. All of this bodes well for EDH and we’re seeing that borne out – EDH buylist prices recovered from the initial hit all buylist prices took better than any other format because of course they did.

I’m not going to waste either of our time belaboring this point as you’d much rather talk about cards I think will be good pickups longer term and which have tanked recently. Let’s highlight 5 cards I think are good “Be greedy when others are fearful” buys.

Call is down pretty significantly in the wake of the reprinting in both Masters 25 and Modern Horizons, but more importantly, it’s down about 33% in the last two weeks, which is above average for cards in EDH. This is is the 48th-most-played card in the last 2 years per EDHREC and reprintings have made it more accessible and therefore more popular, which only grows its demand. No one wanted to pay $15 for this, but at $3 or below, you scoop these. It’s likely done getting printed for a while and I think the Corona divot will even out as soon as everything starts to get bought again.

This price tanked so much I opened up a new tab just to double check it wasn’t in Mystery Boosters. Nope. Just one printing, and this week Strike Zone is selling it for literally half of what Card Kingdom was charging two weeks ago. If you can get these for anywhere near $10, I think you do it. I would wait until we get the full decklists from the Ikoira commander products spoiled and THEN do it. The leaked Symbiotic Swarm list didn’t have this, it had Heliod’s Intervention, but I’m not 100% convinced that list is real and there could be another Green deck. Buy smart, we have lots of time.

This went from $40 to $30 solely on the basis of… well the entirely world being on fire and everything being terrible, but my point is that this will be $40 flirting with $50 unless people realize they have to pay back the $1,200 checks they’re getting. a 25% hit to a very popular card in multiple formats can’t be sustained unless the entire Magic economy doesn’t recover and if it doesn’t, what are we even doing here?

Without support from other sets, this is a card whose fate is solely tied to EDH, which I think is a good thing. The EDH economy will continue to be strong for the reasons I enumerated above. Also, I’m running out of things to say about cards all experiencing the same circumstances. Here’s a card that was on its way to $20 and now it’s $10 some places. Can you find these for $8? Buy them off people locally for $5? This is a Top 100 card on EDHREC and it says Tutor in its name.

For comparison’s sake, I included one card that I think has a strong chance at a rebound and was included in Mystery Boosters and I’ll talk about a few things regarding the difference.

Verdict does get play in multiple formats, which is good, but the EDH demand is very robust and enough to move the price if it needs to. This was flirting with $20 before the Mystery Boosters hit shelves and I think the supply from those is a bit overstated. The introduction of copies is going to be much flatter than most sets because big stores are closed, people aren’t super keen to head to the LGS if it’s even open and money is tight right now. Copies will hit the market slowly and I think that will buoy recovery because supply will seem less than it is.

Verdict lost 50% of its value between Mystery Boosters and COVID and that’s about twice what we’ve seen for non-Mystery-Booster EDH staples. Troll and Toad has these under $5, which is closer to a 75% price reduction. If that happens across the board for Mystery Boosters cards, there might be more buying opportunities in that set than we think. In fact, I think I’ll address that more in depth next week. If prices rebound the way they typically do, it will end up halfway between the pre- and post-spike price, which will be a reduction of about 38%, which is the worst we’ve seen for just COVID reductions. If that’s the case, you stand to recover even more value if we’re seeing two different factors reducing the price, one of which works itself out naturally and the other of which is temporary. I think there is more demand for this card at $5 than at $20 and if I wasn’t going to include any Mystery Booster cards to avoid having to type this paragraph and risk being wrong about all of this later but included this card anyway, that should tell you how I feel about scooping these at $5, which is absurdly cheap.

That does it for me. Who knows what will happen in a week? If I am able and allowed, I’ll be back next week with more ideas and I hope you’ll join me. Thanks for reading. Until next time!

Readers!

I usually have a lot of preamble just because I like to type a bit to get into the mood before I bang out an article. It’s my process. You remember that movie Finding Forrester where Sean Connery has the main character type his work and then once he’s had a running start, write his own thing? This has nothing to do with that, I just usually write a paragraph where I tell you what the article’s about but I spent so much time talking about how it’s going to be a shorter paragraph than normal that it isn’t anymore so I guess never mind. Anyway, the point of the article is that there are cards in Mystery Boosters that will probably tank and go back up and some that will tank and not go back up. A lot of obvious factors like a rarity shift don’t need to be explained, but some cards recover better than others and we need to try and figure out all of the factors that matter and which apply. Sound boring? Well, it’s not. I did one of these articles when Iconic Masters came out and Austere Command hit a buck. Did you buy any when that happened?

I’m not going to catch a dectuple up on all of these, but I’ll sure try not to miss something obvious. So what kind of card always recovers?

Eternal Witness is not rare and never has been. However, Eternal Witness gets a non-zero amount of play outside of EDH (though less than it used to) and is staple-tier in EDH.

It’s the 14th-most-played card in EDH as far back as they’re displaying data. Still. Despite not having been printed in the last 2 years. Staple-tier cards shrug off reprints. Which cards don’t?

Cards where the price was predicated more on scarcity than demand. This is the same set and same rarity as Rhystic Study, a card with more printings. It cost less at its peak and costs a LOT less now. Is Rhystic Study liable to tumble to $0.25 like Fog Frog did when it was printed in Modern Horizons before I could sell my dozens of copies? Let’s figure out what the difference between Rhystic Study and Fog Frog is in terms of demand.

One of these cards is play SIGNIFICANTLY more than the other. Sure, Rhystic Study is nominally a common in the Mystery Boosters, and while it can’t maintain $20, it will likely rebound from its floor in a way that Fog Frog never will. Is there a number that will help us figure out which cards will rebound? I don’t know if it’s worth trying to find one. I think that perception of a card’s worth is going to contribute to it maintaining or regaining value as much as anything else so if you don’t mind me using my gut a bit as long as I report the numbers for you to make up your own mind with, I’m going to talk about some cards in Mystery Boosters that are going to take a hit and come back. I feel good about how much money I made people on cards like Rune-Scarred Demon and Austere Commander in Iconic Masters, so let’s find the next Austere Command, shall we? OK, that’s the last time I’ll say “austere” during a global pandemic.

Mystery Boosters basically chopped this price in half already. Aura Shards is about halfway between “Fog Frog” and “Rhystic Study” on the “will it rebound” scale and while it’s a different rarity and a different set, it did manage to climb quite a bit, especially recently with all of the crazy enchantment stuff running around. Who knows what a whole Theros block rather than just a set would have done?

I personally think Shards isn’t done going down, but it’s bound to recover quite a bit. In terms of the raw number of decks it’s in, it’s closer to Fog Frog than Rhystic Study which puts this on the low end of “likely to recover” but I think if this is the low end, we’re in good shape with anything played more than this. This was printed as uncommon twice and was printed at “uncommon” in a commander deck so it was one per deck. This has more printings than most cards in the Mystery Booster set and if we could graph the trend in adoption on EDHREC as a function of time, I’d imagine it’s declining a bit, but until something comes out to replace this, it will reign supreme.

One more thing to consider is the topic of “discovered demand” as I call it, which basically states that the demand is what it is partially on the basis of the barrier to owning the card. Would this be in more than 9,538 decks in the last two years if it didn’t cost $20? Seems likely, and now that it’s $10 rather than $20, we’re about to see if it goes up. It’s an older card, only people who could afford to pay for it could show it to players who hadn’t seen it and the Enchantment block didn’t give us nearly as many Enchantments worth caring about as the Estrid Commander deck did, but this is still top-tier removal and I think it ends up between $10 and $20 when the dust settles. If this is the low end, again, I have a lot more confidence in these other picks.

While a lot of this card’s price is predicated on scarcity and it sees less play than Aura Shards, I think this has cross-format applicability with casual and more of a future. It’s a newer card, more people know it, and being printed at mythic twice means far fewer copies, which is the biggest knock against Aura Shards that was in Invasion, Commander, Commander Anthologies and now Mystery Boosters. With the large number of cards in the set, an uncommon isn’t the same as an uncommon in a set like Modern Horizons – with roughly 1 uncommon per sheet, they’re basically mythics, but I still think Archive is more scarce and buying in at $5 feels OK. Waiting to see where it ends up feels better. People aren’t aggressively updating prices during this crisis (I’m rhyming, a week cooped up does things to my brain) so we may want to give things a while to stabilize, but I think this is a good buy when it hits bottom and starts to recover.

This card’s price is NOT predicated on scarcity and is all about playability. I don’t think this recovers quite like Eternal Witness but it might not be far off. Witness is played in 5 times as many decks but it also has 5 times as many printings, so we’ll see.

Vessel seems like it’s going to sell for what it was selling for within a year. That’s predicated on paper Magic not going away entirely. Depending how many LGSs shut down in the wake of social distancing and how inclined people are to play cards in person in the future, the strength of the game overall remaining basically what it was means this price will be basically what it was. We’re not getting nearly as many new copies of this card as people think.

I think there are a few cards unlikely to recover because their price is predicated on scarcity more than play or because this one last reprinting was the last nail in the coffin. As a rule, anything played in more than 10,000 decks on EDHREC is probably a slam dunk price rebound if it doesn’t have a ton of printings, but there are other factors to consider, obviously. If you want more picks, I’ll cover this same topic next week. Covid has slowed things down enough that we can take an extended look at the set. Until next time!