The Value of Damage

By: Cliff Daigle

This is my Bloodstained Mire.

IMG_4128

Looks pretty good, right? It’s Onslaught, pretty good edges, no real…wait.

Look closer.

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Yup. That’s a bend. It’s not even an inch long but it’s enough for Star City Games to have marked it as ‘Damaged’ and sell it to me for about 50% of retail value. At the time, about three years ago, the Mire was $40 or so and I bought this for $20 for a Commander deck.

I remain quite pleased with this decision, and I’m going to encourage you to do the same.

Cards that have seen a lot of play occupy a weird place in our minds. They are functionally the same card, but they might have been washed, or played a lot without sleeves, or someone picked it up off a table and put fingernail marks on the edges. (I’ve done all of these things!)

The more that a card is marked, the less it is worth, since it’s no longer perfect, or close to that. Mint is a rarely found card condition, so Near Mint is what we mostly aspire to. Cards don’t always exit the pack as Mint condition, due to being off-center or slightly discolored.

While it’s true that those cards which are Moderately Played or Heavily Played are worth less in a retail setting, they remain the actual card and you cannot lose sight of that. Dual lands are still dual lands, on the reserved list, and there will not be any more of them printed. Even if they are messed up, they remain a rare card and something that you should want to acquire for the right price.

That price can be difficult to ascertain. Star City used to have displays with their damaged cards, cards which they didn’t list on their website because scans of each and every card is just not worth the time, aside from the most expensive ones like pieces of Power. I haven’t been to an SCG Open in years, mainly because I live on the West Coast and they don’t bother, unfortunately.

Other dealers will sometimes have the box or binder of damaged goods, and I’m telling you to always check such things when they show up, for two very good reasons:

  1. Value or Budget – Look, we aren’t all big spenders. MTGPrice is not here to only for those who wish to spend several thousand dollars on speculative buys. We are also here for those who wish to stretch their budget on cards, and damaged cards may be the best way for you to do that.

For instance, if you have a large selection of Commander decks, you may get tired of paying full price on things over and over again because they are just so awesome in so many decks. How many Mikaeus, the Unhallowed do I need to trade for, after all? The lands needing to get moved around is especially egregious, and that’s why I got the Mire, to be in a second deck.

  1. Trade Bait – This is about honesty. You’re going to buy a card that grades as damaged and yet is still very useable…just not for you. So when you keep this flawed card in your trade binder, you can have something that people want to trade for, but be honest with them about the condition. There are a lot of people that are going to want this card and will trade you at a surprising amount of value.

People build a lot of cubes and decks and don’t necessarily want to break the bank in order to get the cards they want. Using played/damaged cards is perfectly acceptable in a lot of groups, especially for rarer cards that are now twenty years old and exceedingly difficult to find in near mint condition.

When you acquire a damaged card, I implore you to not try to get every cent you can out of someone when you’re trading it away. Be realistic and be friendly, because that person will likely take more than one of your damaged cards. Having an out for such things will be very useful.

Finally, don’t be afraid of picking up a half-price old card because those older cards are surprisingly in demand, no matter condition. The “old-school” format of 93/94 and the collectors of Alpha and Beta are seriously warping the environment. Beta Chaoslace is $40!

Condition really matters when you want to max out on a card’s value, just think of Moxes and Library of Alexandria and such. There are a lot of times, though, where acquiring a beat up version of something is preferable. Keep an open mind!


 

PROTRADER: Sorting the Massive Collection

I’m opening this half-written article as I sit in the airport on Thursday, annoyed that I wasn’t able to publish this today as originally scheduled. The reasons were beyond my control, but that doesn’t make missing deadline feel any better.

On the plus side, at least I have some real-world finance advice to offer as a result, thought it can be boiled down pretty simply: don’t get robbed on vacation.

I took this last week to go on a short vacation with friends to watch the Saints-Panthers football game in New Orleans (game was great). Unfortunately, on one of the first nights of the trip, I was accosted in the street by what I assumed was an intoxicated woman, who I pushed past as politely as I could. Unfortunately, things became more clear about 60 seconds later when I reached for my wallet and found it gone.

Getting robbed sucks, but I bear some responsibility. I didn’t move my wallet to my front pocket, I didn’t assume I was always at risk, even from what seemed like an innocent (if drunk) Bourbon Street-goer. I didn’t leave my extra cards behind at the room. All in all, the mistake cost me a few hundred dollars, and the time I spent dealing with the fallout (and getting my passport overnighted to Louisiana) cost me the time allotted to write this article.

Learn from my mistake, and the next time you’re on vacation, be a little smarter than I was.

Back to the Collection

So with that out of the way: Hey everyone, welcome to the second part of this series! I was happy to see how well the first article was received, and I’m excited to follow up on that this week.

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Brainstorm Brewery #174 – Splinter Twincast

Two podcasts, three hosts. What could go right? Jason chats with Marcel on Monday and Ryan on Tuesday because that’s how it could happen. Is Jason up for an interview-style cast? (No) Is Marcel willing to take the secondary role and allow himself to be passively interviewed? (No). Is this a good episode? (Yes)

 

  • Marcel and Jason discuss OotG spoilers. OotG is how I prefer to abbreviate it.
  • Are the new cards real? Good?
  • Marcel and Jason get real about the game,
  • Jason and Ryan talk some of the same topics
  • The future of finance?
  • The relevance of diamond mana?
  • Pick of the week may or may not happen
  • There’s plenty of potential after hours in what we cut
  • Support our Patreon! DO IT. You know this cast makes you more than $1 a week
  • We’re serious about the Patreon. Expect new perks.
  • Need to contact us? Hit up BrainstormBrew@gmail.com

 

Contact Us!

Brainstorm Brewery Website – E-mail – Twitter Facebook RSS iTunes Stitcher

Ryan Bushard – E-mail – Twitter Facebook

Corbin Hosler – E-mail – Twitter Facebook MTGPrice

Jason E Alt – E-mail – Twitter FacebookMTGPrice

Marcel White – E-mail – Twitter

 

Flashback to Nekusar

Welcome back, financiers and non-financiers alike. In last week’s article, we discussed what the definition of a “fake bulk rare” is, why it’s different than true bulk, and what you should do with cards in the category. I’m relatively proud of it as I think it’s an under-explored area in our little MTG finance alcove, so be sure to check it out.

Go ahead, I can wait.

I’ll continue to hold this awkwardly conversational writing style with myself until you get back.


In other news, Reddit continues to spark inspiration for me to write content for you all. I took a stroll through the weekly “Ask r/mtgfinance Anything” thread this morning, and stumbled upon a question that hit relatively close to home. Instead of doing a scattershot of responses to Reddit’s finance questions, this one is deep enough that I feel I can accurately break it down over the course of a whole article, instead of forcing you to jump from topic to topic with me. Reddit user emeoelmo11 writes:

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Have been holding on a set of Commander 2013 for about two years now and realized that the price isn’t moving up at all, with only a handful of staples in the decks that are worthwhile to keep. Also, have not found any luck finding buyers for these at discounted prices, even.

1) Should I crack these open and sell them individually to at least recuperate some cost? Seeing more Commander products being printed every year, I am not confident any of these will go up any time soon.

2) If I were to crack one open, it would probably be for play. Which of these are best for a beginning player of EDH to delve into?

If you’ve been following my content for a billion years or so, you might remember that I used to write for Brainstorm Brewery. In particular, about a year and a half ago, I wrote an article about my own personal errors that I made when it came to investing in sealed product. Since the information in that article is pretty outdated (and poorly formatted), I’ll save you the trouble of reading it. The short version is that I made a mistake investing into sealed versions of  From the Vault: Twenty and Commander 2013, when I could have capitalized on the huge spike of Legacy staples like Rishadan Port or Tundra.

In that article from August 2014, I said that I would be in for the long haul when it came to my sealed product. I had no need for emergency funds and owned plenty of extra copies of the cards that came in each of those sets. I would just continue to leave them in their plastic totes to collect dust, and remember that I owned them if someones asked for an easy way to get into the Commander format. If I happened to run out of Jace, the Mind Sculptors that I had in stock, I could crack the FTVs and just fill my binders with some of the higher-end stuff, throwing the chaff foils into my dollar boxes.

Only a couple months ago, I decided to crack open a decent portion of my sealed product (five FTV20s, and fifteen C13 decks) to help replenish some of the cheaper cards in my display case, in addition to filling a local order for a playset of Jaces. There was still no movement on either sealed product, and I was obviously never going to realistically move them while still packaged unless I wanted to lose out on a huge chunk in shipping.

Replenish.full

Our Redditor produced a couple of solutions (well, pretty much the only two possibilities) themselves, so let’s go over those in detail.

  1. Crack it all. I kind of spoiled the ending a little bit, as this is obviously the move I chose to make. The cards had been sitting in storage for two years, doing nothing but taking up space and money. I finally got a request for a few individual cards that I didn’t otherwise have, so I filled those by shredding my sealed product for parts. This player is actually, well, a player, so I think they’ll get even more value out of learning the format with their preconstructed decks. Nobody ever accused the Nekusar deck of being underpowered, and you can certainly still trade the True-Name Nemesis toward upgrading whatever deck you decide to stick with.
  2. Let it sit in the oven for a while longer, and accept the fact that these are basically never going to appreciate in price. Let’s get this statement out of the way right now: It will be several years before Sol Ring is ever worth more than $1.50, especially if they continue to print the card in the every yearly Commander set, encouraging its ubiquity in the format. A lot of us (including myself) incorrectly assumed that the Commander sets would be a continuous gold mine of value, following the trends of the first set in 2011. We were wrong. Wizards has learned from its mistakes.

RTR box

Remember these? Back in 2012, these were the go-to slam dunk for sealed product. Shock lands, Abrupt Decay, Deathrite Shaman, all at rare. If you wanted to make a 30-percent increase over a three-to-four-year period, this was what people like me would tell people like you to buy as a safe and solid investment. Now you can find them for almost 20-percent cheaper than they were back when Obama won the election for his second term.

Sealed product is was attractive to us because it required a very minimal amount of effort. You threw money at it, moved your girlfriend’s shoes around in the closet, and deleted the memory of buying it from your mental hard drive. Four years later, you’re supposed to dig it up like a lost treasure, making a significant return on your investment by popping it up on eBay or Facebook, selling to all of the nostalgic players who want to reminisce about their favorite draft format.

I’m here to remind you that the era of making money off of any random sealed product is long gone. Even today, I see posts on both local and non-local Facebook groups, asking the masses, ” What would the best sealed booster box be to invest in?” I see a ton of replies suggesting that you can’t possibly go wrong with Khans; you get fetches, you get….. uhhh….. uhhh…… foil Monastery Swiftspear?

khans

Will these be $80 in three years?

So what could you get instead of a box of KTK, that has a higher likelihood of giving you a return on investment in a shorter period of time? Well, you know, speculating isn’t my personal preference for putting money into Magic, but let’s put on our spec caps for a minute. If you really want to burn through that $90, I’ve got a couple of suggestions.

cryptic

remand

You can buy Remands on TCGplayer for $4.50, NM with free shipping. Seriously, that’s a thing. Remember when these were $15 not too long ago? To make it even more appealing, the buylist prices that vendors like ABUgames pay are close to $3, making the spread relatively low for a cheap modern staple. Cryptic Command has followed a similar trend, hitting its all-time low yesterday (and today, and probably tomorrow…).

You know that my strategy is “never buy Magic cards at full retail,” but I just have a bad taste in my mouth when I personally sell Remands at $4. I’m holding onto the rest of my copies until Modern season hits, because I think these creep back up to at least $7, maybe $8. Cryptic could hit $30 to $35, which is certainly a better ROI than a box of either RTR or KTK.

End Step

In other news, Stoneforge Mystic is the next Grand Prix promo. Someone on this website who cares a lot more than I do will probably write about that.

Awakening Zone has moved up almost 25 percent since I wrote about it last, before the Battle for Zendikar set release. It’s certainly had a stronger track record than From Beyond. I still wouldn’t touch From Beyond at $1—I think A-Zone continues to be a better train to hop onto if you really need copies for EDH.

MAGIC: THE GATHERING FINANCE ARTICLES AND COMMUNITY