Don’t miss this week’s installment of theMTG Fast Finance podcast, an on-topic, no-nonsense tour through the week’s most important changes in the Magic economy.
There you have it, folks. Wizards’ biggest celebration of Magic to date, the 25 year anniversary of the game, the culture, and the community. Are you reveling in the shared euphoria of a sense of belonging and camaraderie? Are you still annoyed at how badly Wizards botched the Silver Showcase?
There’s no doubt it was fun to see a Pro Tour that brought something to the table for everyone. My timeline was filled with Legacy enthusiasts that haven’t seen their format of choice on the big stage for years. It was great to see the best format (Modern) again as well, as it’s a thrilling watch that doesn’t also require an absurdly deep pool of knowledge to understand the subtle decision points and ramifications as an observer. Also, Standard was there I guess.
I’ve seen a few calls to push the Pro Tour to all teams, and I don’t inherently hate the idea. Competitive teams are of course something we’re quite familiar with, both in professional sports, and also e-Sports; e.g. League of Legends and Overwatch. Competitive gaming doesn’t have the mandate that teams are inherently superior though. Gaming’s proto-competitive environment, fighting games, has always focused on individual personalities over teams. Starcraft, the second original competitive scene, was all about individuals as well. And with Twitch’s outrageous success, personalities are almost always cultivated on an individual basis, even if the streamer is part of some greater organization.
It’s not clear to us yet whether teams or solo is the best way to move forward with Magic, and I’m sure Wizards will be crunching the data to try and determine that. There’s also the money factor to consider; as the Pro Tour is deemphasized, are teams more financially viable, or less?
Stubborn Denial (Foil)
Price Today: $9 Possible Price: $20
Perhaps the hottest deck of PT25 was ChannelFireball’s UB Shadow deck in Legacy. Now, I’m the last person that’s going to advocate buying cards simply because they show up in Legacy, unless the card is older than dirt and has a supply commensurate with the format’s demand ceiling. Stubborn Denial isn’t just a Legacy card though; it’s popular in Modern as well, and even manages some play in EDH as a nearly-permanent one-mana counterspell.
Of course, Legacy is still going to spark some additional demand for the card where it didn’t really exist before, and with a low supply, it won’t take many actors to drive the card to a new price plateau. Death’s Shadow hasn’t done much in the format prior to this, and seeing the (second) best team at the Pro Tour show up with it is going to turn a lot of heads. With Deathrite Shaman’s departure, players are hungry to see what that means for the format, and with a new Shadow deck on the scene (which conveniently only plays two dual lands), players are getting both a new possibly top tier Legacy deck, and a “budget” deck.
There’s more than single-digit copies remaining, but not that many more. Perhaps 50 total on TCGPlayer, with a few more scattered around? I wouldn’t be surprised to see a bulk of them under $13 or so scooped up in the next few weeks, and then a slower burn on the way up to $20.
Phyrexian Revoker (Foil)
Price Today: $8 Possible Price: $25
Another card that drew my attention while browsing the PT25 lists was Phyrexian Revoker. Both Death and Taxes lists that showed up in the top four cut were hard on Revoker, as it severely taxes one exact card in your opponent’s hand. (Just so happens it’s a tax they can’t pay.) Expect to see a lot more D&T around Legacy now, as DRS was the biggest reason it wasn’t more prevalent in the past. D&T is definitely a format staple now, especially given that it runs no duals, and the expensive lands — Wasteland and Karakas — have each been reprinted recently.
Revoker isn’t only a Legacy card, of course. (If it were I doubt I’d be talking about it.) You’ll find it in a variety of Modern strategies, from Eldrazi, to Humans, to Hatebears, to Elves. It’s not a lock in any of those, but it’s a sideboard tool many pilots turn to when trying to solve specific problems for their unique builds. It’s even in a respectable 4,000 EDHREC lists, which means a fair bit of people are revoking in the social format of choice.
Mirrodin Besieged foils are already just under $20 (and there’s two), so it’s not a stretch to imagine the roughly 20 Magic 2015 copies left getting there soon too. Nobody is going to be playing less of this card in the future, and it’s firmly entrenched itself as a staple of Legacy and Modern, with EDH just behind.
Reflector Mage (Foil)
Price Today: $8 Possible Price: $20
I remember a few months writing that Humans may have just been a flash in the pan, and I couldn’t recommend buying the cards because it may not be sustainable. Heh.
Humans is probably the biggest deck in Modern right now. That’s a far cry from not having existed just a year ago. (I think it’s been less than a year.) Reflector Mage is solid component of the list, with the two Humans decks in the top four running 4 and a 3/1 split. He’s got a chunky little body, staggers opponents with the tempo loss, is fun to Image or Restoration, and in general is a solid utility human.
Reflector Mage is fun in EDH too, of course. Setting back a single opponent’s single creature isn’t the tempo advantage it is in Modern, but when you can set up an engine, it gets real obnoxious, real fast. Not like there’s any shortage of targets, but Deadeye Navigator lets you basically upheaval your opponent’s boards. Brago lets you do it every turn, as does that entire deck basically. There’s no shortage of other ways to abuse Reflector Mage in EDH.
There’s 30ish foils on TCG right now, but only fix or six under $10. Buying at under $10 is basically already a profit, and with the tear Humans is on, these are going to keep getting vacuumed up.
Travis Allen has been playing Magic: The Gathering since 1994, mostly in upstate New York. Ever since his first FNM he’s been trying to make playing Magic cheaper, and he first brought his perspective toMTGPricein 2012. You can find his articles there weekly, as well as on the podcastMTG Fast Finance.
The Pro Tour is literally this morning, and hopefully you get a chance to partake in some of the Team Trios Constructed coverage. Anything with teammates is my favorite format, adding other people to the mix is a grand time, even if your friend is an idiot who tells you that attacking every turn with Howling Golem is “You’re hitting them for two and you draw! They will never block it!” and you lose horribly because of all the extra cards they drew. (You’re still wrong, Robert!)
But I digress.
With all three formats in play, it’s close to impossible to guess what’s going to spike this weekend. We haven’t seen anything too new and amazing lately, with one exception that is on everyone’s radar…
Nexus of Fate was going for 60 tickets online this week, before the announcement that it was about to be much more commonly dropped in Treasure Chests.
The rise and fall, within a week like it’s a Shakespearean tragedy.
Normally, I don’t care much about MTGO, as I loathe the program, interface, and the system that charges me full price for cards I have to actively hunt for to own in person, but this wasn’t a huge surprise to me that Nexus had taken off.
Back in June, @CubeApril tweeted:
There were many warnings, but this was the funniest to me.
And she’s right. We didn’t worry much about Sunsong and Firespeaker, because that card was unusual, but not terribly good.
Nexus, though, if you can draw your whole deck, is a plan. Did it get countered? Shuffle it in anyway! Better have all your Syncopates aimed at this one card. There was no shortage of people worried about Wizards screwing this concept up when they announced this plan, and well, here we are. Sixty tickets online is an indicator of demand, as is $35 in person.
Worst of all, this is the price when supply is likely at its peak! If a store gets caught selling these as singles they will have real consequences as a WPN store, and if your store still has Nexus for the boxes that get bought, then if you’re spending $120, you get $30+ back from this one card, guaranteed.
Which is good, because the rest of the set is pretty rough. There’s only one rare currently at or above the price of a pack, and Death Baron can’t do it all himself. The mythics are better, especially with Sarkhan, Fireblood jumping up as people play lots of Dragons in Standard, but that’s still 1 in 8 packs, an average of four to six per box. Ouch.
The value just isn’t there for a box so far. I want the value to be there, frankly, because it makes for a healthy environment, but here’s the thing about Nexus of Fate: I don’t see an easy way to reprint it anytime soon. My best guess would be as a one-of in next spring’s Challenger Decks, along with a Teferi and a Karn (probably not the same deck though) and that’s quite a ways away.
I do think a reprint is inevitable. Probably. This is Wizards, who decided to invite Hearthstone streamers to open the oldest series of packs (up to eight basics in some packs!) yet NOT keep the cards opened, donating the cards to charity. Why not donate the value of the unopened packs? Why do this at 5:30 EST?
In related news, Wizards has a job opening.
James Chilcott is sorely tempted, I know…
There’s so many questions I have. Was this always a position? Did someone finally realize that this needed to be a position? Better yet, did someone have this gig for a while and they just decided to let this person go, after a string of terrible decisions and repetitive ideas? There’s a lot of juice to be squeezed out of this particular apple, and I’m a little bummed that I’ll never know these answers.
I want to tell you to buy Nexus at $30. I really do. There’s only 50 on TCGPlayer right now, only 20 of which are NM below $40. The casual market has soaked up a lot of these as well, and I think this might be a case where a jump to $50 on a card people just picked up will only make it harder to get out of their decks.
However, I don’t know what they are going to do to make it more common in paper. Print more and have them be added to the FNM rotation? A special holiday gift to all those who played in X number of events? Something’s going to happen, but there’s one potential miracle on the horizon for this card.
While stores can’t sell their promos directly, what they are allowed to do is use leftover promos to ‘enhance in-store play‘ once the next set arrives. This means that any leftover Nexus of Fate cards are given away at the store’s discretion. Entry prizes, in-store raffles, you name it.
We don’t have a clear number on how many stores got how many cards, but the timeframe here will be in mid-to-late October. Will all the leftover copies get dumped? Are there any copies left to be dumped? There’s too many unknowns here, and I’ll summarize.
Buy your personal copy for Commander now, but don’t stockpile the card. Wizards knows they messed up, so they jacked the drop rate online. They will see what happens in October and then all bets are off.
Cliff has been writing for MTGPrice for five years now, and is an eager Commander player, Draft enthusiast, and Cube fanatic. A high school science teacher by day, he’s also the official substitute teacher of the MTG Fast Finance podcast. If you’re ever at a GP and you see a giant flashing ‘CUBE DRAFT’ sign, go over, say hi, and be ready to draft.
I use this phrase a lot when I talk about new sets and it’s half me doing some hand-waving to explain how some cards go up unpredictably and it’s half a reminder to myself that not every presale price is too high. Sure, stuff goes down, a lot of it, but there are always cards that go up. Sometimes I am on top of it and order a ton of Blade of Selves or Deepglow Skate. Sometimes I am NOT on top of it and order 0 copies of Teferi’s Protection and Herald’s Horn. You know, when I put it like that, it looks like I’m slowly unlearning how to do mtg finance. To prove I have learned some stuff and some things from the past few years of doing this, let’s look at all of the factors that influence a card’s price and affect where it ends up and let’s look and see if there is anything that likely goes up.
Since the factors are all concepts you should be familiar with, I’ll just give them whatever names I want and we can discuss each factor before we look at Commander 2018 presale prices. The factors as I see it are mystery, corollary, ubiquity, proximity and trajectory. I didn’t have to name these like an actual anthropomorphic ascot with a monocle but I did it for my own amusement. Mystery was a bit of a reach so let’s start with that because it’s the first one in line, anyway.
Mystery
A lot of presale prices are guesses. 23 of the cards in Commander 2018 are between $4 and $5 and there is a reason for that. There are 307 cards in the set but there are only 52 new rares. If they set the price of every unknown rare to about $4 (with the exception of Planeswalkers which they set at $10) and put the reprint rares at roughly half their pre-reprint value, they don’t lose money if they buy a bunch of sets for singles and someone buys one of every card x times. If they charged $0.50 for every rare, they’d lose money and they wouldn’t sell every rare if they charged $10 for each one. This is all… barely scientific. There’s a lot of “Well, let’s see what happens” and sometimes what happens is you presell Blade of Selves for like a buck and it keeps selling out when you relist it higher and you sell like 100 Blade of Selves which ends up a $10 card for 10% of its value before you even get the product in your hands and if you’re SCG, that feels bad. TCG Player does a better job of establishing prices because it’s multiple vendors with like 4-8 copies they’re committing to and if there is a run on multiple vendors for a card, the others adjust pretty quickly.
Coolstuff sold out of their presale allotment of Treasure Nabber at $5 a few times before they gave up and declared it out of stock but TCG Player and its multiple vendors peg it around $9 right now. Remember, Pain Seer wasn’t a $12 preorder card because Star City is run by idiots and they pegged it at $12, it was a $12 preorder card because the community is populated by idiots and SCG sold out at $1, $2, $4, $8 and finally $12 because no one bothered to read the card or they thought it would be way easier to tap a 2/2 without killing it. Deepglow Skate was like $2 preorder for a minute because no one knew and we voted on its price by how many times we bought out all of the stock at a given price. When we stopped buying it out, they stopped raising the price and we crowdsourced the answer for them.
Corollary
Why DID the community get so excited about Pain Seer, by the way? When Dark Confidant was first spoiled, people had visions of getting domed for 6 from an Ink-Eyes and were kind of hesistant. It took time and testing and results for people to realize that card advantage trumps everything and even if your Ghost Dad dings you for 4, it will make it up by being an extra card, and one that does stuff to boot. The establishment of Dark Confidant as a ridiculous, format-warping advantage machine made people look at Pain Seer and made the really dumb ones say “I’m selling all of my Bobs, this is just Bob with an extra toughness” and made the people who read the card say “I bet I can make this work with a little effort” and even a few weeks after the card was printing, people were so hyperbolically in support of the card that I bet the /r/mtgfinance subreddit that if Pain Seer was above a certain dollar amount (I feel like it was something insanely generous like $4) in a month, I would eat a foil playset.
I’m not sure any human ego could survive the drop from $8 to a tenth of that
We would prefer not to have to make any blind guesses more than we have to so we look to corollaries when we can. Sometimes it’s easy and sometimes it’s very difficult and sometimes we pick the exact wrong card to compare it to. Is Whiptongue Hydra the new World Breaker? Arashi, the Sky Asunder? Apocalypse Hydra? Bane of Progress? We search for cards to compare cards to and usually come up kind of short. It’s hard. But it’s not as hard as taking a blind stab at it and thinking Teferi’s Protection seemed overpriced at $12.
Ubiquity
We come to the part we can measure first, and sometimes there’s time to look at this measure and see if there is time to buy accordingly.
(A brief aside)
I used to say “this card is in X decks on EDHREC” and while that’s useful information if you already have a general sense of which kinds of cards are in how many decks, that’s great. Having a numerical value assigned to a card’s ubiquity is super useful. However, I think for illustrative purposes I’m also going to start saying “And 4,100 decks is more than X,Y,Z card you might have a better sense of.” I’ll show you what I mean
(End aside)
When I bring up Teferi’s Protection, it’s easy to see why it’s expensive when you understand all of the factors that go into determining the price and not the least of those is in how many decks on EDHREC it is relative to other cards whose prices are firmly established, provided they close corollaries. There are more copies of Teferi’s Protection than there are Alpha Air Elemental despite one being rare and one being uncommon and even though Air Elemental is in way fewer decks, it costs more.That’s an absurd comparison because we ignore myriad factors there like number of printings, set size, number of copies, playability – the list goes on. But if you compare it to something close, the roughly 4,100 decks Teferi’s Protection has some more context – it’s in more decks than decks than Dispatch and fewer than Secure the Wastes; far from a White staple but it is the 3rd-most-played White Instant in the whole database. The 100th-most-played overall White card, Citadel Siege, is in 4438 decks. Why is Teferi’s Protection worth so much more than Citadel Siege? Well, because Ubiquity isn’t everything, but it sure matters. This brings us to…
Proximity
This is the term I’m using to describe what else is in the deck it’s in. This is an important factor and while it’s not unique to things like Commander precons, it’s most obvious in them and we’re going to rely on it pretty heavily.
All of these factors help us determine the last one – the trajectory. Right now the prices are what they are and the next few weeks will determine if they move or stay the same. So what do I mean by proximity? Well, first of all, the set is divided into 4 decks and you always get the same cards in a given deck so there is no randomness. The cards you want are in the deck you need to buy and if that sells a lot and your LGS cranks the price on it, you pay more. If enough outlets crank the price, the singles go up to compensate. That’s how you get a $25 Atraxa in a deck that was $35 MSRP. There’s no question where the value is going in this deck – it’s everywhere and that’s why a copy of Breed Lethality isn’t $35 anymore.
This dude wants $160 AFTER Breed Lethality was reprinted in Commander Anthology.
For the most part, though, the decks are a little more calm.
That’s $42 bucks for, admittedly a Japanese copy, of a Commander 2016 deck, arguably the second-best one.
Here’s all of last year’s for an average of $22 each. Japanese EDH cards are less desirable but still, English is closer to MSRP a year on, which means MSRP still basically constrains the cost of singles.
So what does a reprinting do to a card?
It really depends on whether it’s a first, second, third, etc. Since the decks are sold with both kinds of cards (new and reprinted) together, they will affect each other. Currently, the cost to buy the Saheeli deck individually on TCG Player is $90, Aminatou is $126, Lord Windgrace is $81 and Estrid is $85. It makes sense – the most popular commanders are in the Aminatou deck – Yennet and Yuriko taken together are close to $35 value. Aminatou could become this year’s Atraxa, but given how grindy and tough to play Yennet is likely to be and how short on ninjas Yuriko is, I don’t know if the hype will hold up.
Looking at reprints, we see the data we really want to see. In Saheeli, there are 16 reprints worth more than $1, in Aminatou it’s 17, Lord Windgrace has 9 and Estrid has 6, but also has the best reprint and the ones most likely to regain lost value, Enchantress’ Presence and Bear Umbra.
Do cards that are around $1 ever recover? This data would suggest no. Daxos is $85 because of $6 Bastion Protector, $9 Phyrexian Arena, and $9 Grasp of Fate, mostly. How does Grasp of Fate hit $9? Well, it’s in 6,457 EDH decks, more than Anointed Procession, Academy Rector and almost as many as Iona and Stonehewer Giant. Grasp started out at $3 and when it was $3, the deck was closer to MSRP. Black Market, Phyrexian Arena and Sol Ring rebounded, Thought Vessel realized it was $6 despite being in every deck and cards like Underworld Coinsmith stayed $0.22
Cards over $5, especially EDH staples or close-to-staples will rebound but the really cheap stuff doesn’t have much of a prayer.
Next week I will be going into each of the 4 decks and categorizing the stuff that won’t rebound, the stuff that could, the new stuff that could go up and the new stuff that could go down. The release date is a week from Friday so next week won’t be too late to take advantage of most of the presale prices but as a brief cap to this article, I will mention 5 cards I like that I might not wait on. Next week they may be more than they are now and I want you to get as much value as you can, especially since this article was all about methodology and not much application of it.
What I Like
Directive is trending down from its initial $4 price tag as sellers race to the bottom in an increasingly-crowded TCG Marketplace but I think we can wait this card out a bit but ultimately it could rebound. This is a red Genesis Wave that makes up for the fact that we don’t have as much access to easy mana as Green does by having Improvise. In an artifact-heavy deck, you’re not going to whiff on this and this goes in new decks and old alike ranging from Saheeli to Daretti to Jhoira to Feldon. You even put the stuff that isn’t an artifact into the yard where Feldon can have a crack at it. This card is good and I expect it to go back up, but it’s probably not done going down so there’s no real hurry here.
I think there is some urgency here. This sold out at $5 a few places and while people are looking at this like an $8 card, I keep thinking of $30 as the ceiling for a card in a bad-ish deck. Teferi’s Protection is in a deck with 2 other cards over $3 a year on. If we’re wrong about Saheeli’s Directive, we can predict Unwinding Clock will go to about $8, Mimic Vat may go to $5 and Sol Ring may go to $3 leaving us with a ton of bulk. Chaos Warp, Aether Gale, Blasphemous Act et al could hit $5 each and that would still allow for Treasure Nabber to be $15. I think this could hit $20 and if you can get these for around $8, do it, I think. I think this is the Deepglow Skate of the set.
This could be the set’s Bastion Protector at least. I think a double up on this is possible. If the unthinkable should happen and you buy in heavy at $2.50 and it falls to $1 or so, just buy twice as many. Then your average cost is a little over a buck and that will feel good when these very likely hit $5. This is in the deck no one cares about but the deck no one cares about always surprises people. Remember the terrible Kalemne deck? Well that deck has Blade of Selves, Fiery Confluence and Urza’s Incubator and a ton of other value and it’s now the best value deck, even after the Commander Anthology. Sower is versatile and even if Windgrace doesn’t end up the “lands matter” deck people wanted, The Gitrog Monster, Angry Omnath, Tatyova, Thrasios and a few others are still very popular and this has future homes possible as well. I think you can probably wait and see what this does, but I don’t hate it at its current price which is why I’m mentioning it today. If it’s cheaper when I look at it again next week, I’ll probably buy.
I think this goes down more but I think it’s secretly the best of the cycle and in decks where you have a cheap commander and it dies, this could end up being better than Wild Ricochet, which is in about 7,500 decks which is more than Daretti and almost as many as Insurrection. Richochet doesn’t matter financially and didn’t manage to shrug of 4 printings, but being in the disappointing Windgrace deck means that there is a lot of pressure on $2 cards to pull more than their weight.
Slimeyboi is a bit of a pet card of mine and I bet that the price goes down a bit before it goes up but I think it’s going to be one of the cards that goes up. I’m notoriously bad at predicting which Green cards people will latch onto (most of us are. Quick, without looking it up, how much is Stonehoof Chieftain. Now look. Surprised?) but this has a lot of room to grow and there will be pressure on it as a card in the “bad” deck. People are racing to the bottom on this, but this feels like a $7 card to me, especially since I feel like Xantcha is going to give up some of the ground it’s currently holding.
Wow, I went way long on my word count. You’re welcome! Next week we’ll tear into the decks with the method we developed here. Should be a hoot. Until next time!
MAGIC: THE GATHERING FINANCE ARTICLES AND COMMUNITY
