Buying Foreign Foils

July 31, 2015 Cliff Daigle 7 Comments

By: Cliff Daigle

I have spoken before about my love of not only foil cards, but foreign language foils. You may not agree with me, but I am really in touch with the collector nature of my soul.

Until relatively recently, I had two options when it came to picking up foreign foils. (Busting open foreign boosters does not count.)

1) Browse eBay continuously. I admit, I have a number of weird alerts set for eBay. There are probably not five other people on this earth who have a alarm set for when a French foil Vindicate shows up on eBay.

I have been known to lose a lot of time in the evening just clicking through the many pages of four and offerings on eBay, with some bids and purchases making Commander decks a little more exotic.

2) Magiccardmarket.eu and its sellers. For quite some time, this was the only organized way to look for non-English cards. Star City would list when they had such versions of a card, but it was very hit-or-miss. MCM runs much like a TCGPlayer for Europe, allowing players to sell cards at a price of their choosing, and taking a cut of sales.

There was a big problem, though. Shipping was pricey, yes, but international shipping will never be easy. MCM did not allow for American residents to join as buyers or sellers. Instead, you had to sign up with the admins and basically pay shipping twice. Once for the seller to ship to the admins, and then they would send to you, for an additional percentage.

I went through this process once, and while I got the cards I wanted, I paid a significant markup that left me unwilling to do it twice. I argued, unsuccessfully, that they were losing out big time, but they wanted to remain Euro-centric.

TCGPlayer now allows sellers to list foreign-language cards, and this is amazing for those of us with a magpie’s eye. It also offers a unique opportunity to test the presumptive value of the individual languages.

It’s been said by myself and others that Korean, Russian, and Japanese are the more expensive languages, with Italian, French, Spanish, and other Continental languages often going for less than English.

Many sites don’t bother with foreign cards, but with many individuals able to list their singles, TCG offers a marketplace more defined by what people will pay, as opposed to what some think a card ‘should’ be worth.

I’d like it best if TCG offered a version of eBay’s ‘completed sales’ but that’s me being greedy.

Let’s get to an example. I want to use a recent card (higher supply) that gets Modern and Legacy play (greater demand for exotic foils) and compare what the sites offer. Monastery Swiftspear makes for a useful comparison point.

First up, magiccardmarket.

208 foils! I can, with a couple of clicks, narrow that to non-English ones…still five pages of listings! So here, for comparison’s sake, are the first page and the last page.

Look at that selection. Lots and lots of shiny Swiftspears, in just about any language.

Sure enough, Spanish and French foils set a low bar. Eight Euros is less than $10, but we will get to the conversion rate and why it’s important in a moment.

Let’s jump to the end.

Japanese, Russian, and Korean top the list, though there’s a wide range for any of the languages. Still, that’s what we get when we allow people to set their price.

Now, TCG’s low on foils.

Now, the cheapest English NM foil is $14, noticeably under the cheapest foreign foil…though that’s a Spanish foil, not really the chase version.

Let’s uncheck the English box…

Wow. Only three non-English Swiftspears on TCG. That’s a surprisingly low amount of stock. Or is it?

There’s a problem with my method, in that I can’t tell if TCG just moves more cards. This is a snapshot, not a documentary. I don’t have access to the sales that have happened. It could be that people have simply bought a lot more of these cards from TCG than MCM. It could be that the prices were better. I wish I could make a definitive statement about why MCM has more than a hundred available, and TCG has three. Note that TCG doesn’t currently have anyone selling Spanish, Italian, German, or French foils, but I can’t say why.

Just for the comparison, let’s look at eBay.

One sold listing for Russian foils, six weeks ago.

Korean had one in June, Japanese has six in the last two months.

If you can find it on eBay, you’re likely to get a better price than TCG, but hopefully that’s not news to you.

So what can we take away from all of this?

First of all, if you are in Europe or have a friend that is, you should be on MCM. If I had someone I trusted on the continent to be my letter drop, I’d do that in a heartbeat. The selection and price are the best you’ll find, most likely because of the additional costs and headaches of being an American or Canadian buyer on the site. Because they have limited their market, there’s more available at a lower price.

It bears mentioning that the euro has fallen dramatically against the dollar recently. Just a handful of months ago, it took $1.40 to get one euro. Now it’s down to $1.10, a price that means conversion gets us more.

For example: there’s a Korean foil Swiftspear for €60 listed. Forgetting shipping and admin costs, that would have cost us $84 at the beginning of the year. Now it’s $66, just because of the fall in conversion rates. That $18 is a big fall as exchange rates go, so this might be the lowest point for currency exchange, but that’s not my field of expertise at all.

Second, the price hierarchy for the assorted languages is still holding even when marketplaces are at work. People are paying more for some languages and less for others, even in the absence of hard data about the print runs. I’d love to dive into that information. Does Portugese really outsell Spanish? Are there that many more German cards than Russian?

Finally, TCG is apparently a more popular method of moving non-English foils than I thought. Looking at other cards, there aren’t many with a huge selection of languages, but again, I’m not sure if that’s a lack of supply or cards getting snapped up as soon as they are listed.

So if you see what you want on TCG, you should get it. Stuff isn’t staying there for long. Get out there and buy some foreign foils!

Accumulated Knowledge, ProTrader

PROTRADER: Gearing up for the Pro Tour: PT Magic Origins

July 31, 2015 Ross Lennon 2 Comments

Happy Pro Tour Friday! I was off last week on a (much appreciated) vacation, but I’m glad that I made it back in time to enjoy one of Magic‘s four biggest weekends of the year¹. Today is going to be one of those days where we just hit a whole bunch of different stuff at once, but I do want to talk a little about Standard going into this important event. I’m going to try to make the content relevant for the whole of the Pro Tour, and not just dated speculation after round eight.

<h3>The rest of this content is only visible to ProTrader members.</h3>

<h4>To learn how ProTrader can benefit YOU, <a href=”http://try.mtgprice.com/protrader“>click here to watch our short video.</a></h4>

<center>ProTrader: <i>Magic</i> doesn’t have to be expensive.</center>

Jason Alt, Spoiler Coverage

Battle for Zendikar Spoiler: Oblivion Sower

July 30, 2015 Jason Alt 3 Comments

The upcoming product Duel Decks: Zendikar vs. Eldrazi has yielded its first spoiler from Battle for Zendikar, and it’s not bad at all. Oblivion Sower can get you up to four lands from the top of your opponent’s deck (although I’m sure you’d rather have them draw land for four turns in a row).

Six mana is perfect in EDH, but this may be too slow for Standard unless Battle for Zendikar is like last Zendikar block: lots of mana ramp, cost reducers, and ways to slow the game down. While Oblivion Sower isn’t the kind of Eldrazi we’re used to with humongous stats, a gigantic mana cost, and annihilator triggering on attacks, it is interesting and gives us some clues into what Eldrazi may look like in the upcoming set.

If we’re not going to get annihilator, you can bet we’ll get some more abilities that trigger when the creatures are cast. We may see more reasonable mana costs like what we’re seeing with this card, accompanied by smaller bodies. Eldrazi won’t be the giant Eldritch monsters Emrakul and Kozilek are, but they will still be formidable. However, if you compare this to a card like Sun Titan or Wurmcoil Engine, it comes up short in my view. I’m hoping this is one of the lesser Eldrazi, included in a duel deck because it was deemed similar in size and castability to Avenger of Zendikar (which didn’t need another reprinting) and not indicative of what Eldrazi will be like in this block—or we’re all in for a disappointing time.

I don’t know what Oblivion Sower will sell for on presale, but the Duel Deck printing coupled with its effect that I’m having a hard time judging outside of the context of the rest of the set, I imagine its price will be too high to bother. It’s a cool card, but if all Eldrazi are like this one, I don’t expect Eldrazi to capture the imagination of casual players the way the last batch did, and that’s too bad.

Conjured Currency

A Relatively Boring Day in the Life of a Low-Tier MTG Financier

July 30, 2015 Douglas Johnson 5 Comments

Remember how last week I wrote about how I wasn’t going to try to find the next Outpost Siege or Mastery of the Unseen? While they’re both from a small and relatively unopened set and saw competitive play, they yielded very short-lived spikes that provided a limited window for making money before crashing to their previous fake-bulk-rare statuses. If you follow either me or MTGPrice’s own Sigmund Ausfresser on Twitter, then you may have seen this conversation pop up a couple days ago:

In my opinion, Rally the Ancestors is the next version of Outpost Siege or Mastery of the Unseen. It saw camera time for a few minutes, smashed an event, and jumped on a hype train to $3 town. Sigmund and I disagreed in that I suggested that buying in at $1 is not correct, where he believes it could be a $5 card for long enough to make a reasonable amount of profit. As someone who refuses to pay retail on Magic cards practically on principle, I did not like the $1 buy-in on a Standard legal rare when I felt that buylists wouldn’t peak past 50 cents. I’ve seen too many Standard cards crash and burn to want to be a part of this, so I put my cards where my mouth/virtual pen is:

I only owned three copies of Rally, but I only paid 30 cents total for all of them. That’s one of those neat little side advantages for when you offer to buy or trade for everyone’s bulk rares at 10 cents each. As soon as Twitter proved me wrong about buylists willing to rally together about Rally, I dumped the few copies I had to ABUGames for a free $5, allowing me to move on to the next purchase. More often than not, that purchase will be buying staples at below buylist from people who have a need to sell. I’d rather spend that $5 on a Godless Shrine from someone who needs to pay her car insurance than on five copies of Rally the Ancestor while crossing my fingers and praying that they hit $2 to $2.50 on a buylist.

So About That Title…

Oh, right. I had this amazing ide—I mean…

Jared Tomlinson had this amazing idea where I’d go through and detail what my daily ritual as an MTG finance guy was. Let’s do that, because it sounds like fun, and I’m always a fan of being an open book about what my work actually looks like.

Dawn of the First Day

Everyone should get used to checking the MTGstocks Interests page every day, including the oft-forgotten foils tab. Add it into your morning routine, check it while you’re eating breakfast or in the shower. This is one of the best ways to maintain an up-to-date finger on the pulse of what spikes have already happened, and it’s also a good way to predict future spikes before they happen. Without this page, I wouldn’t know that Life from the Loam had crept back up to $8 over the course of a few months.

On a similar note, my daily ritual also includes scanning through my email for any new collection sellers, reader emails, school info, and ProTrader daily emails. If you’re not a ProTrader and are interested in becoming one, the the daily emails resemble something like this:

We have a lot of detailed and up-to-date information on the most recent inventory shifts from major stores, note buylist changes on hot cards, and inspire lots of regret when you realize you didn’t buy Hangarback Walker at $1 even though you just needed one for your artifact EDH deck. While I don’t get a whole ton of emails about my Craigslist advertisement, I still try to update the listing once a month or so. A lot of the casual players or returners who buy my instant-collection 1K boxes end up being recurring customers who keep my phone number for future reference.

Call Me, Beep Me

Speaking of “customers keeping my phone number for future use,” locals texting me about their needs is one of my biggest outs for cards. I’ve talked about this at length before, but it’s the biggest lesson I think I can impart about how to make money off of this game: be the first one that everyone texts to buy or sell their cards. Networking is key, and I like to think I’ve gotten pretty good at it.

As such, part of my daily MTG finance ritual is pulling out lists that I get sent, compiling them into neat little piles, and giving out price quotes on how much a list will cost a customer. Sometimes I have to use outside resources to complete the full list that I’m sent, and that’s where PucaTrade comes in very handy.

When you can sell cards locally at close to full retail, buying PucaPoints from third-party sources at 70 cents per 100 points doesn’t seem like a bad deal. I buy a bunch of points, wait for a list to come to my phone, and then end up selling the cards that I pick up from Puca at close to TCGplayer mid, depending on what the cards are. I use Twitter, Facebook groups, and the PucaTrade subreddit to find third-party PucaPoint sellers, and treat it just like a Facebook collection purchase: I only buy if the seller is reputable with multiple references that can be confirmed, and pay with Paypal non-gift if there are any questions about the seller’s ability to immediately send me the points. So far I’ve had zero troubles, though, and don’t mind jumping through a single extra hoop to convert PucaPoints into cash at a 100-percent rate.

Case-by-Case Basis

Finally, let’s talk about my display case that I mention in almost every single article I write. Contrary to what might be popular belief, I don’t have some huge LGS-level inventory that’s constantly filled with shocks, fetches, dual lands, and other staples. Because the videogame store where the case is located doesn’t hold FNMs or other Magic tournaments, there isn’t a huge demand for staples in the case. The competitive players all know me and can text me like in the above situations if they need staples.

So what do I fill the case with? Well, mainly I just throw a bunch of $1 to $3 cards in it that are popular in EDH or casual deck archetypes. When I first started out with the case, I initially had it full of Vendilion Cliques, Tundras, and other pricey, competitive cards. I stocked lots of high-end staples at reasonable prices, and I expected to sell a bunch of them to the competitive players in my area. The problem was that most of the Magic players coming into the store were gamers of a different breed: they were looking for N64s, Xbox controllers, and Nintendo DS cartridges, and they played Magic on the side as a kitchen-table hobby. They didn’t care for the $70 singles in the case, so I adapted and made some changes. Although the case doesn’t look like anything special, I sell a lot more copies of Reliquary Tower, Sanguine Bond, and Imperious Perfect now than I ever sold of Steam Vents.

And just in case I do find a wayward competitive player who didn’t expect the video game store to sell Magic cards, I have a full stock of business cards behind the counter for the employees to hand out. If someone is looking for a complete Modern Affinity deck, they’re more than welcome to text, call, or email me and we can work something out where I compile the cards for their own list.

If you’re thinking to yourself, “Lol, that case has like practically nothing in it,” then I don’t blame you. I probably only sell 15 to 20 cards a week out of it, and the $1 to $3 rares don’t make me a massive amount of money. I get more from the 1K boxes and 25-cent bulk rare boxes that sit above and next to the case, and they’re more consistent sellers.

However, the presence of my cards in a physical retail store offers me a larger advantage on collection buying than most of the other competitive buyers in my area. Instead of a Craigslist-esque meeting where you agree to meet under a Walmart street lamp at 10:00 p.m. while wearing dark baggy clothing, it’s much more simple for me to tell people to meet me at an established retail location where I can sit on the other end of a counter before I roll out the typical vendor mat.

I even get collections sent to me that I wouldn’t have gotten otherwise without the storefront. Believe it or not, there’s an overlap between people walking into a used video game store who are looking to relive their childhood memories with Mario Kart 64 and those who have old collections of Magic cards in their basement that they’ve forgotten about. Every now and then, my old manager at Infinite Lives tells me about a conversation he had that went something like this:

Seller: “Hey, I used to play Magic. I didn’t know you guys sold the cards here.”

IL: “Yep. We have a guy who comes in and fills up the case. He does this for a job.”

Seller: “Does he buy cards? I think I have a bunch in my basement from like ten years ago.”

IL: “Yep, here’s his business card. Call or text him and he’ll be glad to look through your stuff.”

While most of you probably don’t have this type of situation, I think it’s important to look around at the connections you might be able to make, niches to fill, and see if you can’t establish a position in the community similar to what I’ve done. It wasn’t more than a few years ago that I was a simple high-school FNM grinder with limited cash from a part-time job at K-Mart. If I can turn this into a daily ritual with multiple sources of income, anyone can. Good luck!

As always, feel free to shoot out any comments or questions using the multiple methods you have available. If this article shows anything, it’s that I’m an easy-to-contact individual.

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