Are We Buying The Fortnite Secret Lair?

Whether or not you play the game, Fortnite is a big part of the zeitgeist right now. It’s insanely popular on Twitch and has led to a lot of money and views. After Walking Dead, Stranger Things, Arcane (the League of Legends series), Street Fighter, and now Fortnite, we’re going to get some Warhammer 40k crossover and then next year comes The Lord of the Rings.

What’s interesting from the Fortnite drop is that like the Arcane drop, it’s all reprints and no new legends/characters. The art for this drop is super on brand, though, and we’ve got the time-honored formula of ‘one semi-expensive card and a bunch of $5 or less’ cards.

So let’s get into this drop and see if it’s worth a purchase, for the right now and for the long term.

First, let’s make a table with the most relevant information about the nonland drop:

Card nameMagic nameCost of cheapest versionCost of priciest versionEDHREC inclusion
Dance BattleDance of ManyChronices – $1The Dark – $91,800 decks
Shrinking StormWrath of GodThe List – $5Alpha – $3k, LP57,000 decks
Supply LlamaEtherium SculptorC18 – 50 centsShards of Alara foil – $5.5034,000 decks
Battle BusSmuggler’s CopterNeon Dynasty Commander – $1Kaladesh foil – $1219,000 decks
Crack the VaultGrim TutorCore Set 2021 – $16Starter 1999 – $8051,000 decks
Battle RoyaleTriumph of the HordesNew Phyrexia – $15New Phyrexia foil – $5036,000 decks
The CubePlanar BridgeDouble Masters 2022 – $1.50Kaladesh Inventions – $808,800 decks

So let’s start with something that should be pretty clear off the bat: The cards, by themselves, aren’t worth the likely $40 nonfoil/$50 foil price we will be charged. This drop doesn’t have any super expensive card by itself, which is usually a thing, like Rhystic Study in the Arcane drop.

We know full well that reprinting a card drives down the value, but in case you needed a reminder that original supply is important, here’s the graph for Grim Tutor:

This was more than $300 at its peak, was $200 when the reprint came, and it doesn’t appear to have found the floor for the white border version. Even being listed in 51,000 decks online doesn’t save the Foil Borderless price from being in the mid-$20 range. Remember, those online decks are from the most invested folks, the ones who are super into optimization. It doesn’t really take into account the more casual players. 

So Grim Tutor is going to stay cheap, and with another special version, probably won’t get more expensive. Triumph of the Hordes is an uncommon, but it’s a popular one and it’s avoided reprints since New Phyrexia came out. 

I wouldn’t expect it to hold $15 as an inclusion on The List or something like that, either. We’ve just had no copies at all entering the marketplace, and it’s not like we got all that much of NPH in the first place. Remember that sets in that era followed the Big-Small-Small model, and as the third set, New Phyrexia had the least of all. I wrote about this effect seven years ago, and how the ratio of 6:2:1 came to be. Suffice it to say that New Phyrexia uncommons are six times rarer than Scars of Mirrodin uncommons, and the set is from eleven years ago. Not a lot to go around!

So really, what we’re paying for is the art and the Fortnite reskinning of the cards, not the cards themselves. Let’s be clear, the art is top-notch and it’s in a nicely extended frame. Since this is all reprints, and there’s nothing new as there was in Walking Dead or Street Fighter, we have to try and figure out not just what the cards are worth now, but what these might be in a year or two years.

Remember that the lead time for something like this is not short. Art has to be commissioned, designs approved, and all this started at least a year ago, if not more. Fortnite is still a popular game, significantly more popular on Twitch than Magic is.

Here’s a chart of the views and number of channels for Fortnite:

And here’s the same data for Magic, both MTGO and Arena content. Note how different the measurements are along the vertical.

Other sites show similar data, in that Fortnite gets many more viewers and hours watched. Even if you look at the graphs and numbers and think that Fortnite is in decline, their numbers are way, way ahead of Magic. 

It’s not hard to imagine a world in a few years where Fortnite has faded away, and then these cards are a trip down nostalgia lane. Wizards of the Coast is more than happy to capitalize on nostalgia, as demonstrated by their use of retro frame borders. 

I don’t want to compare this Secret Lair to things like Arcane, both because of the cards involved and the timeline is still pretty short. Can’t compare it to Walking Dead either, because that was all new cards. 

The other thing to remember about an unpopular Secret Lair drop, or a very-short-window one like Extra Life, is that if not many people buy it, then it’ll rise in price that much faster. So we’re stuck. I don’t think this is a good IP for the long term, and the cards are certainly not worth it either.

That said, all of the non-land Secret Lairs have generally appreciated in price, as a collectible if nothing else. I am skipping the June 2022 Superdrop because I don’t see enough unique things there to catch my eye. I will probably not buy very much of the Fortnite sets because even if they grow on a long timeline, it will be such modest growth over such a long time, that I’d rather put that money into 2X2 singles when those hit the floor, or bricks of underappreciated CLB cards. 

I respect that if you’re big into Fortnite, this drop will make you happy. The art is top-notch and wonderfully captures the spirit of the game. Buying a couple of sets and waiting is defensible, as you’re unlikely to lose money this way, your money will just be tied up for a really long time. There hasn’t yet been a non-land Secret Lair that went down as a sealed product, but there’s plenty that are still not much over their original cost. I will probably end up getting some singles once the drop arrives, though.

I haven’t mentioned the lands yet, and that’s because if you think I’m lukewarm on Secret Lair lands, I’m even more chilly when it comes to the lands. Yes, some of the Godzilla lands have sold nicely but those were bonus inclusions that weren’t an option on their own. So far, the land cycles in a Secret Lair haven’t lit up the world, or even gotten more than slight gains. It’s very hard for me to care about these, especially at $7 or so per basic land. I would understand if you wanted to get a couple sets of the regular cards, but the lands are a no-go for me. None of the Lairs’ sets of land have been worth it yet, and while that might eventually change, I need to see that change first before I put any money in.

If you want to talk about these points with me or other readers, hop into the Discord channel and let me know!

Cliff (@WordOfCommander) has been writing for MTGPrice since 2013, 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.

Unlocked Pro Trader: The Rest of the Best

Readers!

I want to do a bit of a continuation of the energy of last week’s article without making it a strict continuation. The truth is, Baldur’s Gate is a set that everyone is dogging on twitter because everyone whose opinion you respect doesn’t respect EDH. That’s OK with me, I honestly like people underestimating a great set. AFR was full of weird cards and it sold well just because people who like D&D bought them, and maybe they’ll keep it up? Either way, Baldur’s Gate is doing a lot financially, and maybe ignoring the “face” commanders that are mostly cards from the precon and drilling down deeper will find more hidden gems. It worked last week, it can work now.

Let’s look at the distribution from last week.

We looked at a few, and we’ll look at the rest, now. Out of curiosity, has anything changed overall?

Here is the full top 16 from last week.

Here is the top 16 today.

It is safe to say the dust has settled quite a bit. Let’s look at the last few stragglers in the Top 16 before we call it a set, shall we?

Would it surprise you to learn that Neera’s High Synergy cards are not precon cards? It’s an actual interesting list!

Stealing their cards is the best way to play Magic the Gathering and there’s one card that hasn’t gotten a reprint for some reason.

This is in multiple decks based on Baldur’s Gate usage and it currently costs $10 on TCG Player and $15 on CK. I think reprint risk is non-trivial, but I also think this is powerful enough to hit $25 if it carries on its current trajectory for another year and I’m into it. I wish I’d had the foresight to scoop a ton when these were under $5 but I assumed it was a fringe kind of card only I liked. Helm of Possession wasn’t a $30 card so how could this even hit $10? Turns out people are more aware of cards that aren’t old enough to drink – who knew?

The precon gave us a very sexy reprint which cut the value of Jeska’s Will, a really ridiculous spell, from $28 to $14 overnight. It’s rebounding a bit on CK so if you think it’s done dropping or you can live with buying in at $12 on TCG Player knowing it probably makes out at $21 this time around, there is a lot of money to be made here. You know what didn’t get a reprint?

The version that’s $21 on TCG Player and $32 on CK.

$35 on EA foils looks pretty good in hindsight!

I have talked about some of these cards before, but sometimes it bears repeating.

Adeline is a good card with a very, very ugly EA version. Lacking a credible alternative, the regular version has to do all of the work.

The regular version maxed out a full dollar higher. Bad EA versions bode well for the regular versions, but eliminate some of that “even if this gets reprinted (something almost sure to happen to Adeline) the EA version can hold some value” safety you feel, so spec at your own risk. Still, this is a future $15 card that you can get on TCG for $4.86 and this isn’t the first or last time I’ll discuss this as a spec.

Someone has kept this at $5 on their buylist as it fell from $17 to $7 and I want to know who.

It isn’t who I thought it was – they are only paying $6.60 on the foil and not buying the non-foil at all. Curious.

Circle of Dreams Druid’s EA version is plummeting to the value of the non-EA and will almost certainly get a reprint as it’s an Elf and it’s a $5 Gaea’s Cradle for new players, so maybe those EA and EA foil copies are better – just make sure not to grab a falling knife.

This deck seems very narrow. It builds itself, basically, but no one is building it enough for these cards to matter, or using them anywhere else. I don’t love this as a source for specs.

I believe this graph, however, speaks for itself. This seems like a very good card that sometimes impacts other formats. I this $6 is a bargain for a card that was 3 times that at one point.

With so many decks, it’s hard to get to them all, but it’s also a lot of opportunities for old, weird cards to get a second look, or for one card that’s not really a staple but which interacts favorably with a lot of decks built around the same few core concepts. I think if we want to dig deep, we’ll continue to find gems, and we’ll find cards like Adeline whose names keep coming up. Both of those are good things. That does it for me this week, readers. Until next time!

Revisiting Original Commander Legends

The abject failure of Commander Legends: Bauldur’s Gate has been a stark contrast to the Original Commander Legends (CMR) set, which was an absolute hit through producing powerful new cards combined with a few impressive reprints. I’ve been a proponent of buying into CMR cards for a long time, yet the singles market for this set have not yet been able to overcome the significant supply of this set so far. I believe this has been due to several restock waves of CMR being available throughout it’s time in print combined with the high price point of several signature cards, making it profitable to mass open for a profit. But since boxes went out-of-print earlier this year, the averaged sealed price has started to climb, from under $100 (when I strongly recommended them), to $120 each. As boxes dry up and sealed prices climb, it seems inevitable that singles that are not on track for a reprint (Jeska’s Will, Training Center, War Room, and Commander’s Plate) will begin to climb in price now that reprint threats of Double Masters 2022 and Bauldur’s Gate are out of the way. This is especially true for those cards that look safe from a reprint due to their power level, price point, or based on history. Below are a few cards that exemplify this opportunity.

Jeweled Lotus – Non-Foil, Foil, and Extended Art

Price today: $82 regular; $126 foil; $160 Extended Art
Possible price: 50% increase in 12 months
Confidence: 8/10
Disclosure: Own a few regular copies

Jeweled Lotus isn’t a casual card. But despite this, Jeweled Lotus has been included in 91,000 decks, making it the 19th most played colorless card currently in EDH. To put this in perspective, here’s how it compared to other expensive colorless ramp cards:

  • 1,000,000: Sol Ring
  • 177,000: Mana Crypt
  • 105,000: Chrome Mox
  • 93,000: Mana Vault
  • 63,000: Mox Diamond
  • 44,000: Phyrexian Altar  
  • 31,000: Grim Monolith

Needlessly to say, this card is played a lot! It provides a unique affect that is a must-have for certain decks. We all know this – and I’m positive WOTC knew this when creating the card. They wanted a financial anchor for CMR – and they certainly got it with Jeweled Lotus. For this reason, the price for the most basic version has held firm since CMR’s release at $70+, at one point approaching $100.

While the Foil Extended Art (FEA) price of this cards is very expensive, its recent price history was what made me evaluate it for this article. When Jeweled Lotus crushed out of Double Masters 2022, the price for FEA copies jumped to $1,000, although this hasn’t been backed up yet by a sale. Regular copies haven’t seen a similar boost yet, but I think they will over time. I believe all the other version, non-foil, foil, and extended art, are on track to post 50% gains over the next year as supply drains from the market pressuring this card to new heights. Currently the extended art and foil versions have much lower supply, but they also come at a higher price point. Overall, I think they all will do well.

A solid comparison for pricing can be found I think in Mana Crypt after it’s Double Masters reprint. While the CMR Jeweled Lotus has a much higher supply than Double Masters Mana Crypt specifically, and is played less, it is also the first printing of the card, offsetting these factors. Mana Crypt doubled quickly after its Double Masters reprint and I think Jeweled Lotus can at least grow 50% in the next 12 months due to their similarities.

Opposition Agent – Non-Foil

Price today: $10.50
Possible price: $20 in 12 months
Confidence: 9/10
Disclosure: Own a dozen copies

Opposition Agent was as cheap as $7.50 at one point but it has slowly grown to over $10 once again. This isn’t too surprising considering 52 near mint copies sold in the first 4 days of July on TCGPlayer.com, and 531 copies in the last 30 days. That’s a lot of pressure, especially if the assumption is that mass box openings will become a thing of the past soon for CMR. Given enough time, this card seemed destined to double up to $20 with potential for more.

One of the reasons I’m bullish on Opposition Agent is due to its similarities to Hullbreacher, which was an incredible card that rightfully got banned. Opposition Agent is a similar card design, but isn’t quite as oppressive, making it relatively safe from bannings for now. Yet I think the taint of Hullbreacher being a mistake will make WOTC reluctant to reprint Opposition Agent because doing so would bring up old feelings of resentment about the card design that led to both. Additionally, Opposition Agent doesn’t fit well into a preconstructed deck. It causes too many bad feelings and requires an opponent’s deck too be at too high of a power level to activate Opposition Agent’s ability. These factors make me much more willing to dump money into copies of Opposition Agent – knowing that it’s probably safe from reprints in the short term.

Commander Legend Lands – Non-Foil

Price today: ~$7/each
Possible price: $15-$20 in 18 months
Confidence: 8/10
Disclosure: Own around 100 copies of each

We’ve all known that the CMR lands were going to be profitable, it was only a matter of time. I bought in about a year after release, based on the price history of the Battlebond lands. I was early. It was surprising to me how long they stayed cheap and how the price continued to sink until recently. In April you could get many of these CMR lands for around $5/each, which was well below my buy-in. Today copies will set you back around $7 each, which is still fairly reasonable all things considered. These lands are heavily played and should post strong gains as supply begins to drain.

The main caveat is that WOTC showed a willingness to reprint these lands earlier than I would have expected when they included Training Center in the upcoming premium Secret Lair Commander Deck: Heads I Win, Tales You Lose. There are a lot of unknowns about this reprint – both in terms of whether it will have a significant impact on the price of Training Center and whether WOTC will continue to put these lands in future Secret Lair Commander Decks. I assume these $100 Commander decks will continue, but how much equity they are willing to burn on lands within them is an open question.    

Are We There Yet?

No, I’m not talking about Double Masters 2022, which isn’t officially releasing until next week. Nor am I discussing Commander Legends: Battle for Baldur’s Gate. What I’m thinking about is Kamigawa: Neon Dynasty, and if we’ve hit bottom. 

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Cliff (@WordOfCommander) has been writing for MTGPrice since 2013, 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.

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