Lockbox

By: Travis Allen

A few days ago GP Seville wrapped up. It was a Standard GP over in the south of Spain. While looking through the top eight, I was fairly impressed with the diversity. It consisted, in no particular order, of GR Devotion, Jeskai Tempo, Mono-G Devotion, UB Control, Junk Aggro, Junk Midrange, UW Heroic, and Sidisi Whip. That’s an undeniably diverse format, something for which WotC should congratulate themselves. Building a Standard format that has that many competitive decks is difficult, a feat made more impressive when you consider that what constitutes the top layer has been changing from week to week.

Browsing through the lists from place one to ninety, over 10% of the field, I was pleasantly surprised by the number of Whisperwood Elementals to be found. I spoke highly of them in my set review several weeks back, and after hearing that they had jumped to $12 in Japan, I snapped up all the copies left on eBay under $6. It wasn’t long before the US market caught up – preorder prices on TCG hit nearly $15. That was in the week ahead of release though, and I still didn’t have my copies. I couldn’t list what I didn’t have in hand, and by the time the actual cards reached me, the price had fallen to $6 again. I wasn’t behind per se, but the price wasn’t high enough to sell yet. Since then prices on Whiserpood have started to creep back up after a solid performance at Seville, and while he hasn’t really broken through much to the US yet, I expect his popularity to gain on this side of the Atlantic.

Ideally I should have a number in mind that I’d like to get out. If I bought in for $6 each, what do I have to sell copies for to be happy? Is it $8? $10? $15? While considering how greedy I could be, a solemn fact once more foisted itself on me. There’s a pretty hard limit to just how expensive Whisperwood Elemental can be, and it’s determined by the rest of the cards in the set. 

The core concept we’re looking at today is how card prices are influenced by being the current in-print set. It’s a very simple idea, really. An open pack can’t be, on average, more valuable than a sealed pack. What does that mean, and what are the ramifications?

Figuring out the average value of a pack is simple. Add up the values of each rarity independent of each other, average it out across the number of that type of card, then multiply by the expected number you would find in a pack. For instance, if the average value of a rare in Fate Reforged is $1.91, and you know there’s an 87% chance of a rare being in a pack, then an average pack has an average rare value of $1.6617. Add in the common, uncommon, and mythic average values, and you have the value of a pack.

Once you understand the average value of a pack, you know the average value of a box. If a pack’s average is $2.18, then the average box is worth $78.48. That average box price – that $78.48, or whatever number is appropriate for a particular set at a particular time – is roughly how much in value you will open in a box. It’s not a hard number, of course. Some boxes will have two or three Nexus’, and other boxes will have a foil Ugin. It all evens out in the end though.

What if the average pack isn’t in the low two dollar range? What if there are gobs and gobs of $10 rares that drive the average pack value up to $4? Now a box’s value is $144. If that set is old – say, Innistrad – so be it. The boxes in the market are all that’s there, and they’re subject to normal rules of supply and demand, just like any normal card. But what if the set is in print, such as Fate Reforged is today?

If you’re a vendor and Fate Reforged boxes are $144, you are not wasting any time jumping on the horn and ordering piles and piles of boxes from WotC. WotC will sell you nearly limitless boxes of current sets, and they’ll do it all for somewhere in the neighborhood of $70 to $80 a box. You’ll crack boxes that cost you $70 and sell the singles for $140. That represents one hell of a profit, so you’ll scoop up as many as possible. And you’ll keep ordering them and cracking packs, until it’s not profitable to do so anymore. And so will every other store. And eventually, the market will be flooded with packs, and those packs won’t be worth an average of $4 anymore.

As more and more product is entering the market, more and more of each card is becoming available. No card, now matter how good it is, can maintain a $10 price tag if you put millions of them into the wild. As the market gets flooded with boxes, card values will keep dropping, until eventually the average pack isn’t $4 anymore, it’s back to the low $2 range again. Average boxes will drop from $144 to $80 again, people will stop buying them, vendors will stop ordering them, and new copies of cards will stop entering the market. Equilibrium. (Probably an awesome card in an Animar TL deck, by the way.)

Of course, we’re operating in an imperfect system. Taxes and shipping costs and manual labor all add inefficiencies to the system, as does time for boxes to move from one point to another. All the players needing a given card won’t suddenly have access to it because a store somewhere in a twenty mile radius just cracked a pack. The system isn’t perfect, and so the numbers won’t be either. Occasionally the average value of a pack may be twenty cents too high for a week or two while the supply catches up. This is simply the nature of a physical market.

When a set is out of print, there’s nothing to stop prices from getting out of control. That’s why Future Sight boxes are $700. While a set is in print, though, vendors will just keep ordering boxes as long as it’s profitable to do so. And with WotC willing to pump out as many boxes as stores are willing to buy at $70 or so, the average price of a box is chained to that value. With box values essentially mandated by WotC, it holds average pack prices steady, and therefore holds the total value of singles steady.

With average pack prices of an in-print set constrained, there’s only so much value that can be opened. You can’t have twenty-five $10 rares, and you can’t have eight $30 mythics. That would push pack values too high, which we just saw will self-correct. As cards find the price the market will bear, the entire rest of the set is shaped around it. Consider Ugin, currently a little over $30. Ugin is that expensive because demand is so high. Standard, Modern, Legacy, EDH, casual – everyone wants to be casting eight-mana Planeswalkers these days. Knowing that, we can look at Whisperwood Elemental and start to understand what his price potential is. If tomorrow everyone realizes Whisperwood is the second best mythic in the set and demand begins to rise, his price will go with it. Pack values would rise, and we already figured out what happens in that scenario.

We know that the market basically requires boxes to be worth roughly $80 each, and that has an impact on all the singles in the set. If market demand for Ugin is over $30 and Monastery Mentor is $20+, that’s going to suck up a lot of value for the other cards in the set. You simply can’t have $25 Tasigurs, because that would mean a box is too valuable. If a few cards in a set are expensive, it creates a limiting effect on the price of the cards that share a booster pack with it. Thus, my Whisperwood Elementals have a theoretical price ceiling by virtue of being in the same set as Ugin, Monastery Mentor, and Tasigur.

This works the other way as well, although we see it less often. Dragon’s Maze was a pretty godawful set, with very few cards people had any interest in. Voice of Resurgence was far and away the best card, and it fell off rapidly after that. Boxes couldn’t really be any cheaper than $80, since that’s what vendors had to pay for them, but with no other desirable cards in the set, that meant Voice of Resurgence had to carry that price tag on his own, which is how we ended up with $60 Voices at one point. When a single mythic is the only good card in a set, it’s going to carry most of the cost of a box on its own.

There are a few practical outcomes from all of this.

  • Within two or three weeks of a sets release, boxes will always fall to the same price of around $80ish. (So long as WotC keeps selling them to stores for around $75.)
  • If the singles within the set ever become too valuable, stores will start cracking packs to sell in their case, increasing supply and thus lowering prices.
  • When a handful of cards have high price tags, it will suppress the price of all the other cards in the set.
  • If there’s only very few good cards in a set, they’ll carry the weight of the box price on their own.

Applying this to Fate Reforged, we see that Ugin is holding strong at $30 and Monastery Mentor looks to be stable at $25 for now. With those two sustaining large price tags, there won’t be too much value in a box left to assign to cards like Whisperwood and Tasigur. In fact, that’s really the only reason Tasigur is as cheap as he is. If he was in Dragon’s Maze he would have been a $25 rare.

I keep looking at cards in Fate Reforged and thinking “that card could be worth twice that,” but then I have to remember that if I think that about twenty different cards, none of them are actually capable of rising that much in price. Even though all of these cards are quite strong and could be $15+ in other sets, when you put them all into a set together it limits the price of all. Keep this in mind when considering how much cards in Fate Reforged could conceivably rise in the near future. And just as importantly, keep it in mind for when Fate Reforged is off the printers – at that point WotC won’t be keeping the price of a box chained to $80 and the sky’s the limit.


 

Don’t Try This At Home

By: Cliff Daigle

A Pro Tour is in the books and I’m not going to regale you with tales of cards spiking out of nowhere.

In fact, if I could, I try to pull you away from such a quest. There’s a lot more to be made in the search for stability than the excitement of being in the middle of a spike.

Trying to ride the surge of a card is a terrible, terrible idea. It is fraught with pitfalls and problems, and you’re rarely going to make much.

Let’s get into an example.

Amulet of Vigor

Putting two decks into the top 16, a lot of words have been written about this little artifact. It’s been the turd in the punchbowl when it comes to opening Worldwake packs for a while, and buying a pack for $20-$30 and seeing this as your foil rare will just make you cry.

Then again, if you’re wasting money on buying random, old, box-mapped loose packs, you should be crying more. But I digress.

Capture

Amulet has two spikes that you can see on the graph. It’s also got a lot of falling. To make money on this card during the spike, you needed to be among the first to buy it so that you can get it sold ASAP. That’s one of the big issues with buying cards mid-spike. If they aren’t in hand, you can get very burned.

Did you order your cards that Thursday or Friday night? If you’re lucky, and spent extra on shipping, you’ll have them in hand for the beginning of next week. Then you get to send them out again.

Especially once shipping and fees are taken into account, it’s very difficult to acquire and then resell cards during the spike of an event. So how are we to make money?

Primarily, you’re trying to acquire value. You’re buying the cards from a website/vendor before they have a chance to adjust their prices upward. Hopefully, this means you pick up Azusa at a price under $30, when she’s now closer to $40.

What you’ll be trying to do is resell or trade the card at the new value, having only spent a fraction of that value in cash. This will likely rule out buylisting, unless the card settles at a new price more than double the old price. Vendors and stores are slow to raise their buylists, especially online.

Why are they slow to raise their buylist prices?

Scion of the Ur-Dragon is why. If you’ve been following this card, you’ve seen it take a huge rise in price…and then a large fall. It turns out that the pool of people who need a new EDH general is relatively small. 

I told you a month ago it was a good buy at $2. It spiked up into the $20 range, and now it’s settling in around $10. Buylists, though, have it for under $5, except for one vendor. Stores and vendors do not want to get caught buying into the hype. They are content to sell into it and wait for the price to settle before getting more.

You want to be very, very cautious about buying a card that has started to rise. Sure, if you can get in at the early price, that’s fantastic. But if you’re buying Scion when it’s already gone up to $10, then your margins are significantly smaller.

Also, there’s the problem of sellers who don’t ship. This is more of a problem when there’s a Banned/Restricted announcement, but if the announcement happens and you’ve still got Worldgorger Dragons listed at $3, you’re obligated to send them or face the negative feedback. Some sellers are willing to take a negative hit there in order to get more money for their cards, and if you buy from one seller, then immediately list that card on eBay with a Buy it Now, you’re passing along that obligation while still being responsible.

So what do I think you should do?

First of all, listen to writers and players who you trust. Go with those who have experience, or who explain their thoughts well, or who have been right, or just the ones who you like. Whatever the case may be, that’s telling you what to get while things are still calm.

Do keep in mind, even the best of us are often wrong. If you’re buying things at a good price, the next step is to be patient. Lots of cards have gone up, and some have hit it huge. That is where you’ll make consistent gains in value, with good planning.

Second, when a card is spiking, sell what you have and don’t try to be a hero on getting every single penny. Get your profit and get out. If you hold it too long, you’re running the risk of a letdown, such as what Amulet and Scion have had.

As part of this, keep your collection organized enough that you can find your bulk rares as they become needed. I like to keep my rares separate, but if you can sort your cards by set, then color, then rarity, you’ll find it works well without needing to alphabetize.

Finally, keep track of what you do. It’s possible that you can just remember the values you got cards at, but when it comes to tracking your profits, it’s very useful to know what price you got in at, so you can make a profit without trying to remember all the values.

Hope this helps. Happy trading!


 

Another Million Billion Faeries, Please

By: Travis Allen

What’s old is new again.

Let’s begin by looking at some statistics to get a feel for the metagame at large.

Top 8:
3 Abzan Midrange
2 Burn
2 UR Twin
1 Amulet Bloom

18+ Point (6-4 or better) Modern Decks
30 Abzan Midrange 26%
17 Burn 15%
15 Infect 13%
8 Affinity 7%
6 UR Twin 5%
5 Amulet Bloom 4%
4 Scapeshift 3.5%
4 GR Tron 3.5%

So that I don’t have to repeat myself over and over, keep in mind the following blocks are NOT eligible for reprint in Modern Masters 2: Innistrad, Return to Ravnica, Theros, Khans of Tarkir.

The Results Are In

It doesn’t come as a surprise to many that Abzan, aka Nu-Jund, was the most important archetype of the event, even if it didn’t actually take home a trophy. When it constitutes a quarter of the room on Saturday and nearly half of the top eight, plenty of excellent Magic players recognized that it has a very high power level. That’s not surprising either, considering it gets to play some of the strongest cards in the format.

 Most of the Abzan lists were very similar. Liliana of the Veil, Tarmogoyf, Abrupt Decay, Tasigur, Siege Rhino, and Lingering Souls make up the core of the deck. Sprinkle Scavenging Ooze, discard, maybe a few more removal spells. Shake well and serve tepid at a lifeless soiree where half the attendees are on so many prescription drugs they are incapable of experiencing emotion.

Tarmogoyf is completely saturated in value at this point. I can’t find copies at less than $190, and even then there aren’t many below $200. If any card is going to be reprinted in Modern Masters 2, it’s Tarmogoyf. Stay well away here. Liliana is also quite pricey, having risen to $80, with a floor of $85-$90 just a day or two ahead of the PT. With the Regional PTQ reprint already well-known, it seems unlikely that she’ll make another appearance this year. We know that she was originally in the file for M15 and was pulled for power level reasons. Wizards was looking for a reprint venue, and I’m assuming the promo is what they landed on. Assuming that’s true, we probably don’t see her again this year.

Abrupt Decay is likely the best bet from this deck. Copies are still floating in the $10-$12 region, which I find hard to believe is the correct price for the premier removal spell in both relevant eternal formats. Tiny Leaders growing in popularity recently also bodes very well for a card that will destroy any non-land card in the format. Looking back at Maelstrom Pulse it doesn’t look like it ever got much more expensive than $15, but I can’t find data all the way back to Alara. Other than that, I can’t think of any piece of removal that’s ever consistently sat at $20. No other piece of removal has ever been so prominent though, especially one with no other printing. I’d assume $15 is the cheapest real price for this card, and numbers pushing $25 wouldn’t surprise me in the least. The only thing that scares me here is a reprint somewhere. I’m not saying it will show up in Standard, but Wizards has a way of sneaking cards into places you wouldn’t have guessed it. Tectonic Edge showing up in the recent Commander product, for instance. I don’t fault anyone for stockpiling Abrupt Decays right now, just be aware that Wizards is also aware of how real this card is.

Lingering Souls has been printed four times. (Three of those reprints after I bought eighty or ninety copies.) Without even more reprints this will eventually hit $2, but we’re a ways away from that.

Siege Rhino and Tasigur are jumping into Modern with both feet, but the supply on these guys is still growing. They also feel exactly like the type of card Wizards knew ahead of time would be popular and wants to make available – how many supplementary products has Courser of Kruphix shown up in at this point? Two? The laws of supply and demand should keep the prices on these two suppressed for at least a little while longer. Revisiting them will be our goal around MM2/MTG:Origins. At that point drafting will have dried up, people’s attention will be elsewhere, and we’ll be entering the seasonal lull.

Expanding our perspective to some other G/W/B decks, we see some other hot numbers. Wilt-Leaf Liege is $30 now. Unsurprising as it’s from one of the least-printed Modern-border sets in Magic, and it’s exactly the type of card aspiring players want to use so they can “get” all those jerks playing Liliana of the Veil. A price tag this high is only possible because of the extremely low quantity available. One reprint will crash the value here.

Alongside Wilt-Leaf we saw a lot of Voice of Resurgence and Gavony Township. Voice’s future in Modern was tenuous in the eyes of many, with Pod finally having been shown the door after long overstaying its welcome. This weekend the little elemental that could proved that he (she? it?) has what it takes. Prices are hanging around $15, and as we get further from Dragon’s Maze, I wouldn’t be surprised to see this break $20, especially with Twin being as popular as it was. Gavony Township also came out in force, and strikes me as having a real future. John Stern’s Friday feature match showcased just how silly the card is in concert with mana dorks and Lingering Souls tokens, two types of cards that are never going out of style. As a rare from Innistrad it’s got a fair bit of supply, so I don’t think we see it rush towards $10, but it could easily be $5 by year’s end. Take a look at the four pages of 18+ point decks – there were a lot of Townships.

Burn made up the next most popular archetype in day two, a fact that makes only Lee Sharpe and other libertarian sociopaths happy. In fact, the first Modern feature match of the Pro Tour was a burn mirror, with commentary by Rashad. This is the Magic coverage equivalent of burying the lede.

Side note: I can’t fathom why Wizards keeps putting Rashad in the booth. Every single Pro Tour, without fail, my feed is filled with people pleading to have him removed from coverage. I understand that he started GGS Live, and I respect that. He seems like a very pleasant individual and I’m sure he’s a great guy to be friends with. The problem is that he is just in over his head at these events. When compared to the commentating of even the mediocre Randy Buehler, Rashad is clearly outclassed. Given that Wizards tends to listen to their playerbase, all I can imagine at this point is that he’s got a contract.

The most exciting card in burn (and I use the word exciting very, very liberally) is Eidolon of the Great Revel. Vexing Devil is over $9 and that’s entirely on casual demand. I’d imagine Eidolon has comparable casual demand, and is also the second best red card in both Modern and Legacy to boot. Follow that up with the fact that he’s from Journey to Nyx and you’ve got a real winner on your hands. Goblin Guide, the other premier red burn spell in eternal formats, is a good $20, and would possibly be higher if people weren’t expecting a MM2 reprint. I see Eidolon breaking $10, perhaps even in this year, and $20 by the end of 2016 is on the table without a reprint. Beyond Eidolon, little in these decks is exciting, whether from the perspective of a player or investor.

Infect, like burn, is a pile of barely-playable commons and a handful of rares. Wild Defiance isn’t played in enough numbers to move the ticker more than a dollar or two, and isn’t even necessarily the best choice for the deck. I’m staying away. What I do like from this deck is Inkmoth Nexus. It was in an event deck, but it’s still only got a single printing. Infect has been growing in Legacy at the hands of Tom Ross, and with this many copies in Modern, it may have cemented itself as a solid tier 1.5 contender. Given how hard infect is to put in Standard, I’d say this is safe for at least several months. With so much of the deck relatively inexpensive, all the value will be shoved into the few rares that round out the package. Noble Hierarch is saturated and also slated for MM2, and the rest of the manabase is old news. Inkmoth Nexus is the card best positioned to gain on Infect’s success. It could technically appear in MM2, but I doubt it. Putting in Inkmoth means including Infect as a draft strategy. I’m guessing Wizards doesn’t want to go down that path quite yet.

Affinity had a rather poor showing, likely due in part to the soup de jour midrange deck now having access to white, and subsequently Stony Silence, a stone-cold killer of weird metal hats. With Metalcraft confirmed for MM2, I’m staying the hell away from this entire deck, with the sole exception of Inkmoth Nexus.

As the winner of the whole shebang one would assume UR Twin is well positioned to pick up some value dollars, but like half of Abzan and most of Affinity, everything is pretty well saturated at this point. I’m a bit surprised Splinter Twin is “only” about $17, but that may be due to expectations of a MM2 reprint. Most appealing in the deck is Snapcaster Mage. He’s crept up towards $35 after a fall to nearly $25 a few months ago, and I expect that trend to continue. Without a reprint this year, which I wouldn’t count on, I suspect he’ll be $50 by year’s end.

What was clearly the breakout deck of the event, Amulet Bloom, garnered a remarkably odd reaction from the market given both the success and screen time it got. Amulet still hasn’t managed to crack $8, and Hive Mind is still under $4. Both of those are solid gains, but if you had asked me last week to predict the price of each if the deck took second at the Pro Tour, I would have told you they’d be much more expensive than they are. Are we finally seeing the Magic community at large start to wisen up? Is it because the deck is so damned tricky to pilot that Gerry T called it the most difficult deck he’d ever played? I’m not sure. It’s also possible that sometime within the next week people decide that those prices are just too low and they end up bought out. It did happen with Azusa after all, who is now nearly $50 a copy on TCG. This isn’t too surprising given the exceptionally low supply available, combined with her utility in both EDH and TL. Prime Titan picked up two bucks or so, but has otherwise similarly reacted with restraint. If the titans don’t show up in MM2 I like him as a trade target. $20 each isn’t hard to imagine.

Worth considering is the possibility that some component of this deck gets banned. While I don’t believe it’s possible to win on turn one, you can end the turn with your opponent at something like four life while you have multiple karoo lands and a titan in play. Turn two wins are possible and turn three wins are reasonably common without disruption. Considering Wizards wants this to be a turn four format, I’d say the deck is pretty heartily in violation of a major rule of the format. Technically Wizards does let decks capable of faster wins exist – Goryo’s Vengenace can turn one you and is still legal, and Storm and go off on turn three – but it has to be infrequent and inconsistent, even without disruption from the opponent. With no disruption from the other side of the table, Bloom can fire on turn three somewhere in the neighborhood of 20%-50% of the time I’d guess. I’m not entirely sure what they’d ban if they did hit something, but my best guess is Summer Bloom itself. Everything else in the deck is capable of doing something else interesting, and Azusa is far more fragile than Bloom, while the card Summer Bloom is essentially just a combo piece at this point. Its also miserable to watch go off, as Cohen’s multiple ten-minute turns were proof of. I’m not sure it’s too fast, or too powerful, or takes too long of turns, but it does seem to hit on all three metrics that Wizards is not a fan of.

I don’t know. Maybe they do hit it, maybe they don’t. I know the deck will be under the microscope now more than ever after that performance.

While we’re on the topic of Amulet Bloom, I’m compelled to mention that you should 100% be shipping any Leyline of Sanctities, a card often found in the sideboard of combo decks. Sanctity is the card I least want to have to own a playset of, but am forced to if I want to play filthy combo decks. Both Sanctity and Fulminator Mage have absolutely no business being as expensive as they are, and are easily reprintable in many places.

Where does all of this leave us?

Well…I’m selling. Nearly everything. Tarmogoyfs, Lilianas, Affinity staples, Twin pieces, Vendilion Clique, Wilt-Leaf Lieges, Gavony Townships. There’s a few reasons.

The first reason is the most obvious one: Modern Masters 2. We have no clue what’s in it other than Emrakul, Etched Champion, and some Metalcraft cards. Popular opinion is that Tarmogoyf will reappear, and quite possibly Dark Confidant and Vendilion Clique as well. Beyond those three big targets, there’s still piles and piles of Modern staples that are viable such as Goblin Guide, Bloodghast, Arcbound Ravager, and more. You don’t need to remind me that the first Modern Masters run ended up pushing prices up on several key cards, such as Tarmogoyf and Cryptic Command. With a stated print run four times greater than the first MM though, I’m not sure that’s going to happen this time around.

My second, more general reason for wanting to shift so many cards is that beyond MM2, there are reprint haymakers everywhere. For instance, I had about fifty or sixty Tectonic Edges I had piled up from purchasing collections, and was planning to out them this month. Then they showed up in the Commander decks this past fall, which I never expected. Oh, whoops. There goes $300 in profits. Courser of Kruphix showed up in two supplementary products, as did Hero’s Downfall. Between Event Decks, Clash Packs, and Commander precons, there’s always something around the corner waiting to bite your specs in the ass. I’m particularly concerned about two-color cards later this year. A few paragraphs back I was talking about Wilt-Leaf Liege and Gavony Township. Township in particular looks so good as a spec, but consider the last few years of Commander decks. First there was wedges, then shards, then mono-color. We’re set up for two-color Commander precons this year, and Gavony Township and Wilt-Leaf would fit very well into the GW one. Those thirty or fifty or one hundred Townships you had picked up for between $1 and $3, expecting them to hit $5 to $6? Not if they’re in an EDH precon buddy.

This may sound odd with MM2 on the horizon, but another reason I’m looking to move a lot of product and avoiding buying into any cards from this Pro Tour is because I expect that we’re at peak Modern excitement right now. Remember last year when Scalding Tarns hit $100 ahead of a Modern GP that was right before the start of the Modern PTQ season? I held on, expecting the PTQ season to push the fetches and many other Modern staples even higher. Rather than keep climbing, they crashed, and Tarns are just $60 now. More and more, it seems like Modern is a format not driven by competitive seasons or waves of interest, but rather single events that stir everyone into a frenzy, and then interest crashes afterwards. Yeah we’ll hit MM2 in a few months and that will get people talking about the format, especially with three Modern GPs immediately following MM2’s release, but then what? Nothing to really drive demand again until next February at the following Modern Pro Tour. Remember, there’s only one of those a year now. The average player might get to a single Modern GP this year. Beyond that, where is he or she going to play? There’s no Modern PTQ season, and something like 87% of North American PreTQs are Standard. Even if WotC takes the reins on that, most players are only going to have local store events and maybe one or two SCGs to play much Modern.

Tie this concern that we’re at the peak of Modern’s excitement right now into the fact that January and February tend to be the highest tide for Magic cards in general, and you can see that we’re probably in the 95th percentile of any given card’s price for the year on over 90% of the Modern index.

I’m not foolish enough to ignore the fact that some cards will still manage to climb. Liliana is reasonably well positioned, and I wouldn’t be surprised at all to see her crest $100 or more during the MM2 hype. Snapcaster is similarly well-positioned. Those are only possibilities though – neither is guaranteed. What if Liliana falls to $60 between now and June, and the MM2 spike only brings her back up to $75? Without a doubt, there will be Modern cards that gain value throughout the year and make people money. Those cards will be the minority though, and most will be lower in three months or six months than they are now. If your portfolio is diverse, the answer here is to move most of your product, take your profits, and look for greener pastures. Yes, you may miss on $120 Lilianas or $90 Scalding Tarns. But you’ll hit on $30 Wilt-Leafs, and $70 Confidants, and $200 Goyfs, and $70 Cliques, and plenty of other cards that will collectively lose a lot more money than the few cards that gain in price.

I’m not selling everything. I’m holding onto my Snapcasters, as that’s safe enough that I consider it worth the risk. I’ve still got a bunch of Goryo’s Vengeances and Through the Breaches, and lots of Scars fastlands. Perhaps against my better judgment, Vengevines remain stashed. I’ve got a bunch of other stuff under $10 that I’m holding onto as well because their prices haven’t yet risen enough to be worth selling, and if they get reprinted I don’t stand to lose that much on each. After a quick count, the number of Modern-legal cards in my spec box worth at least $10 that I’m holding onto is five, and there are probably more than fifty or sixty unique cards in there.

A point of clarification: all the prior advice is through the lens of investing, in one capacity or another. If you’re looking to play Kibler’s GWb deck, don’t hesitate to pick up the Wilt-Leaf Lieges. If you want to play Affinity, trade for Arcbound Ravagers. You shouldn’t feel bad about grabbing a playset of anything you actually want to play with, save perhaps Tarmogoyf. This is a game first and a trading platform second. If you want to play with certain cards, buy the cards. If your only goal is to make money, why are you here and not in the stock market?

Springjack Pasture

I’ve told you that I don’t like holding onto anything worth double digits and that I’m looking for greener pastures. Exactly what are those cards?

Scavenging Ooze: Relatively low print run, even with the Steam promo. Was all over the place this weekend in Abzan decks, and anything that makes green mana is likely to want some number of copies. At $5 or so a copy, this could be an easy double up. 

Eidolon of the Great Revel: Way underpriced for how good this card and burn in general are in Modern and Legacy. I’m slightly worried it shows up in a clash pack or something, but even then I’m not sure it will be enough to stunt growth. After I move some of the pricier things I’ve still got kicking around, I may drop some cash on these guys. 

Thalia, Guardian of Thraben: I said last week it feels underpriced, and I still feel that way. 

Khans Fetches: Most of these are at or near their lifetime floors. I’m trading for these all day long. They’re the closest thing we have in Magic to currency other than, well, currency. As for purchasing… 

Foil Khans Fetches: Return to Ravnica shocks were (universally?) the cheapest they were within a few months of release. Make no bones about it, the buy-in here is damn expensive. The upside is that all of them could gain 15%-50% of value within a year, all with basically no fears of loss in price. 

Crazy Specs: This topic was broached recently. The short version is that if you miss, you don’t lose much, and if you hit, it more than makes up for your misses. Take for example Faith’s Reward, of which I currently have around 100 copies. I paid $.25 each, for a total of $25. If it completely tanks and is reprinted eight times, they’re still worth $.10 each and I lose $15. If it hits it big and they reach $8, I just made enough to cover having missed on other specs several times over. You can’t do this with just any card – you have to find ones that are in low supply with high power level. It’s not for everyone, but when you hit, you hit hard. Another one I’ve picked up a lot of? Magus of the Bazaar. 

Rattleclaw Mystic: Buy-a-Boxes rarely miss. When Theros rotates we lose Sylvan Caryatid, Voyaging Satyr, and Elvish Mystic. 

 

Sliver Hive(lord): Guaranteed risers that are reasonably safe from reprints, and cheap to boot. 

Modern has become far too financially volatile a format for me to want to have any large investment in right now. With a major reprint outlet a few months away and very little else driving players at the local level to become emotionally and financially invested in Modern, I’ll sit out for a bit. It feels sort of odd since it’s been such a large percentage of my investment strategy for the past two years, but for now it’s time to leave it be. Maybe this August after all the MM2 price swings settle down I’ll revisit it. 

I’ve no doubt plenty of people will disagree with my strategy and calls here, but I don’t mind. When people are talking about how they slam dunked Abrupt Decay or Liliana it will be easy to feel like I sold out early. What’s important to remember is that we see the highlight reel when people hit home runs, but we won’t be hearing from the guys who lost hundreds of dollars after going deep on Gavony Township when it’s printed in Commander decks later this year. Rather than chase cards with big price tags and big targets on their head, I’m going to avoid being greedy and instead go after cards with low risk profiles that are less sexy. 

Except for Magus of the Bazaar. That’s sexy.


 

Fate Reforged Clash Pack Review

By: Jared Yost

This week I would like to delve into the Fate Reforged clash pack to see if it is worth picking up in order to boost the value of your collection. I’ll look at both the MSRP versus retail value of the singles and then compare them to my opinions of what the future value of the cards will be after their rotation from Standard. I’ll also keep in mind that some of the cards from the decks are alternate art foil, which could reflect their future value.

For the alternate art foils, I am going to use the TCG Median price since MTGPrice does not yet track the value of specific clash pack foil versions of cards. I will note the special foils with an asterisk *.

Decklists:

POWER $$$ PROFIT $$$
1 Typhoid Rats 0.14 1 Baleful Eidolon 0.14
4 Satyr Wayfinder 0.64 1 Leafcrown Dryad 0.14
2 Necromancer’s Assistant 0.26 2 Brain Maggot 0.98
1 Herald of Torment 0.91 1 Nighthowler 0.46
1 Returned Centaur 0.13 1 Courser of Kruphix* 7.79
2 Sultai Soothsayer 0.48 1 Noble Quarry 0.19
2 Sultai Scavenger 0.30 2 Grim Guardian 0.42
1 Scuttling Doom Engine 1.48 2 Oakheart Dryads 0.30
1 Necropolis Fiend* 0.60 3 Nyx Weaver 1.68
1 Sultai Skullkeeper 0.13 1 Graverobber Spider 0.21
1 Merciless Executioner 0.28 1 Reaper of the Wilds* 0.83
1 Gurmag Angler 0.14 1 Eidolon of Blossoms 1.33
1 Doomwake Giant 1.93
1 Despise 0.32 1 Loathsome Catoblepas 0.13
2 Taigam’s Scheming 0.20 2 Nemesis of Mortals 0.44
1 Set Adrift 0.24
1 Treasure Cruise 0.49 3 Commune with the Gods 0.60
1 Dead Drop 0.24 1 Reviving Melody 0.24
1 Annul 0.13 2 Dark Betrayal 0.44
1 Naturalize 0.15 1 Plummet 0.13
2 Sultai Charm 0.78 1 Defend the Hearth 0.14
2 Murderous Cut 1.52 1 Whip of Erebos* 3.00
1 Hero’s Downfall* 7.42 1 Font of Fertility 0.22
1 Sultai Banner 0.15 2 Vineweft 0.26
1 Sultai Ascendancy* 0.72 1 Debilitating Injury 0.17
1 Neutralizing Blast 0.23 1 Nyx Infusion 0.15
1 Monastery Siege 1.70
2 Jungle Hollow 0.24
7 Swamp 0 12 Forest 0
5 Island 0 11 Swamp 0
5 Forest 0
4 Opulent Palace 1.88
2 Evolving Wilds 0.32
2 Dismal Backwater 0.28
Total $22.26 Total $22.56
Deck Total $44.82

The MSRP cost of the deck is $24.99, so picking up the clash pack seems like it offers you great value. However, the retail value of the singles versus the MSRP of the deck doesn’t necessarily mean its a great pickup. Let’s take a look at the more expensive pieces of the decks to see where the best value lies and if the the card is in a position to maintain value moving forward. Then, once all the information is laid out, we’ll have a better idea about the clash pack value.

Threats

Courser of Kruphix

Courser of Kruphix is a popular in card in both Standard and Modern, and this event deck offers an alternate art version of the card. I think that Courser has a very good chance of maintaining a stable price through rotation. I don’t think the card goes below $5 because of its eternal playability applications. The alternate art version will be even more desirable in the future if it stays a Modern, Legacy, or Commander staple.

Hero’s Downfall

I think that Downfall has some room to drop after rotation. Even though this card is capable of killing planeswalkers at instant speed in addition to creatures, there is more efficient removal in eternal formats. The alternate art version will probably stay around the same price as the pack version in the future. After rotation, I’m predicting about a halving in value retail wise.

 

Whip of Erebos

Whip has a decent chance of maintaining $3 even through rotation due to Commander applications. It is a decent artifact for black Commander decks that gives them lifelink and recursion, all in one neat package. Even picking up singles of the clash pack Whip might be a good play for the future if you can get them for $2.50 or less.

Doomwake Giant

I’m not sure how Doomwake Giant goes above $2 any longer at this point. It was reprinted several times in its Standard life, so if you have any extra copies I would be looking to out them as the Standard season approaches May to June. This card isn’t very good in eternal formats so I would not look to pick up the event deck just to get Doomwake Giant on the cheap.

Opulent Palace (a full play set)

Opulent Palace is a good pickup if you can find them for $0.40 or less. The shards lands, before being reprinted in the Commander decks, used to go for $2-$3 at their highest point. Since then they’ve dropped to around $1.50 but that should still tell you something – even after three or so reprints the shard lands are still above $1. Picking any wedge lands you can get for $0.50 or cheaper seems like a fine play to me.

Monastery Siege

This card has room to drop, or possibly grow depending on what type of Standard play it sees. I haven’t seen it do much in Standard yet maybe next year it could have potential. Similar to Doomwake Giant, this probably isn’t going to do much outside of Standard.

 

Nyx Weaver

Not really a reason to pick up a clash pack – this card is pretty much just a casual, Standard-only playable card that is used to some effect in graveyard-based strategies though more so at FNM than at bigger events.

Murderous Cut

This card has the potential to be higher priced come next Standard season. It seems to be one of the premier removal spell from Khans block, so I will be watching it closely throughout the year for an uptick in play time.

Scuttling Doom Engine

Not really played in Standard, more a casual fan favorite than anything else. Still, if the card drops to $0.50 or lower after rotation I will probably be a buyer since it really only has nowhere to go but up from there on the back of casual demand. In terms of the clash pack, not a compelling reason to pick it up.

Eidolon of Blossoms

See my Doomwake Giant reasoning. I don’t really see it going anywhere unless a breakout deck happens after Dragons of Tarkir for some reason. Not a reason to pick up the clash pack.

Answers

Is There Value For You? Yes, there are other decent commons and uncomons in this clash pack like Sultai Charm, Brain Maggot, and Nemesis of Mortals, but let’s be honest with ourselves – we’re really only incentivized to pick this package up for the alternate art foils of the better cards in the deck.

The only alternate art foils in the deck that are worth a significant amount are Courser of Kruphix, Hero’s Downfall, and Whip of Erebos – hardly a compelling case to pick up the clash pack for future financial value. These three together are only $18.21, seven dollars below the MSRP price of the package. The alternate art, foil Whip of Erebos might have potential in the future, yet at $3 and less I would much rather trade for copies or buy in cash rather than picking up the clash pack.

This clash pack is targeted towards casual players, and I would say for them yes, this package is quite the deal compared to buying singles. You get plenty of good cards, like a playset of Opulent Palace, and you do get cards like Courser of Kruphix and Whip of Erebos that will hold most (if not all) of their value through the Standard rotation of Theros block.

It is also possible that other cards in the clash pack could be breakouts, however it is better to target those on a singles basis rather than through purchasing the package. I would also recommend against picking these up for long term sealed product gains, as there isn’t anything I find compelling that would make players want to buy this years down the road.

So all in all, the price is great compared to retail prices of singles, but if you’re already a serious Standard player you most likely already have all of these pieces and shouldn’t have a desire to pick one up. For the casual players out there, I say this is a great product for you – you get a ton of solid cards for about half the retail price. For those looking for specs from the package, I would say that the best spec target is the Whip of Erebos due to Commander (and possibly cube) demand.


 

MAGIC: THE GATHERING FINANCE ARTICLES AND COMMUNITY