UNLOCKED PROTRADER: Elements of an Undervalued Mythic

By Guo Heng

Mark Rosewater did an AMA on Reddit a few years back, and the following was part of his response to a question by Hall of Famer Brian ‘Dragonmaster’ Kibler regarding the “lack of truly awesome dragons in a long time”:

“…I am happy to tell you that there is a dragon that I’ve been told is very tournament worthy in the pipeline. I can’t tell you for what set but suffice to say it’s been made and you all will have a chance to play it soon enough.”

-Mark Rosewater

Sure enough, in Mark Rosewater’s preview piece for Magic 2013, we got this:

Thundermaw Hellkite Large

Thundermaw Hellkite was the dragon that redefined the competitive dragon. The ambition behind the design of Thundermaw Hellkite was to create “a Dragon that set the standard for a badass Dragon as Doug Beyer laid it out in Mark’s preview article. And Thundermaw Hellkite achieved exactly that. Prior to Thundermaw Hellkite’s existence, the dragons that saw high-level competitive play were either too expensive to cast or contain a prohibitive mana requirement that restricted their playability to few archetypes.

Thundermaw Hellkite broke the mold. She is a five casting cost 5/5 flier with haste and an enter the battlefield ability that ensures she and potentially your army could go in for the alpha strike. She was obviously pushed and was designed for the tournament tables.

Yet her price trajectory during her first few months of being unleashed into the meta was nothing but dismal.

Thundermaw Hellkite Price

After the hype surrounding Magic 2013 died down, Thundermaw Hellkite’s price tanked all the way to $10. How could the price of such a playable mythic stoop so low? We all know the answer to that: Thundermaw Hellkite was a mythic with no home in Standard. Indeed the reason Thundermaw maintained a price tag of $10 was the fact that she is a dragon and is from a core set.

In October 2012, a couple of months after Thundermaw Hellkite’s release, and right after Return to Ravnica rotated in, Takeda Harunobu won a high profile Standard tournament in Japan with a Standard brew we now know as Jeskai Tempo (or UWR Tempo back then). Takeda’s deck featured two Thundermaw Hellkites alongside Geist of Saint Traft and Restoration Angel.

In the middle of November 2012, Jon Bolding took down Grand Prix Charleston with a Black-Red ‘Big’ Zombies deck that featured three Hellkites in the mainboard. Tyler Lytle took down Grand Prix San Antonio the week after with the same deck.

By December 2012, Thundermaw Hellkite was a $40 card and remained so until February 2013. Throughout her Standard shelf life, Thundermaw Hellkite saw play in a multitude of archetypes and was a quintessential staple of InnistradReturn to Ravnica Standard. She even saw Modern play when the UWR Tempo archetype made its debut in Modern.

Thundermaw Hellkite’s trend was not unique to herself of course. A handful of expensive mythics had at some point during their Standard life been sorely undervalued due to a multitude of reasons. Some stayed low for a brief period of time. Dragonlord Ojutai is a recent example. He was preordering for $6, began his first week in Standard under $10 and is $38 as of writing. Some remained low much longer. Remember the summer when Jace, Architect of Thought was under $10?

On the other hand, a lot of mythics stayed in the under $10 region all the way until they rotated out of Standard and into the bulk bin. I was bullish on Duskmantle Seer after a BUG Aggro shell running four Duskmantle Seers briefly surfaced in the meta. Even Paulo Vitor Damo da Rosa had good things to say about the Seer, arguing that his symmetrical ability is asymmetrical in the right deck. When Duskmantle Seer hit $3, I thought he was too cheap. I bought two playsets for speculation and one foil playset for myself. As of today, they are collecting metaphorical dust in my bulk specs box.

When we speculate on undervalued playable mythics, we are betting that those mythics would have their day in the sun before their time in Standard comes to a dawn. The following are three questions I use to evaluate the chances that an under $10 mythic would spike before its time in Standard comes to an end.

1. A Mythic in a Hostile Meta?

Thundermaw Hellkite struggled to find a home during her first few months in Standard as it was the era of Blue-White Delver. If you were lucky enough to be able to resolve a five casting cost dragon amid Mana Leak and Snapcaster Mage, Vapor Snag would wreck your tempo. Once Mana Leak and Vapor Snag rotated out, the meta was Thundermaw Hellkite friendly and as a result she was able to spread her wings and soar to $40.

Thundermaw Hellkite’s dominance (in tandem with that of Falkenrath Aristocrat) kept Jace, Architect of Thought out of the metagame.

Jace, Architect of Thought Price

Once the hasty fliers rotated out of Standard in October 2013, Jace proliferated throughout the metagame in Blue-based control decks and Mono Blue Devotion. His price spiked to the $30s briefly and hovered around the $20s until the release of Jace vs. Vraska.

Xenagos, the Reveler and Ashiok, Nightmare Weaver both spent time as $7 mythics. Both spiked above $15 when a new Standard was ushered in last fall.

Are there any inherently good mythics that are currently undervalued because they do not have a home in the metagame? Sarkhan, the Dragonspeaker is just $7.55 at the moment. Sarkhan is competitively costed, defends himself and is a game finisher but he is not the card you want to cast in a metagame where Hero’s Downfall is prevalent. Could Sarkhan soar to $20 once Hero’s Downfall falls out of Standard?

Sarkhan, the Dragonspeaker smells like a good summer pick-up.

2. Does the Mythic Carry the Game by Itself?

A card that requires synergy to tap into its full potential is unlikely to  be played in multiple archetypes. Build-around-me mythics have a significantly lower chance of spiking due to the reduced probability of them finding a home. Duskmantle Seer was a good example. He requires you to maintain a low curve in your deck to optimally exploit his Dark Confidant ability.

The reliance on synergy was the reason I did not buy in on the Master of Waves spike when Shorecrasher Elemental was spoiled.

Master of Waves Spike

It was tempting to buy into cheap Master of Waves in case Blue Devotion becomes a thing again, but too much hinged on the success of a single deck for that bet to be worth making.

Every card listed on point one above are good cards even by themselves. Dragonlord Ojutai is a card advantage machine all by himself, allowing him to be one of the most ubiquitous mythic in the current Standard metagame. Of course we get a card that occasionally bucks the trend. Falkenrath Aristocrat’s spike hinged solely on the popularity of The Aristocrats archetype but she was an exception rather than the norm.

3. Does the Mythic have a Snowball Effect?

The card advantage you get from each activation of Jace, Architect of Thought or each time Dragonlord Ojutai connects makes it more likely for you to activate or connect the second time around. And the third. Eventually the card advantage from those effects propel you sufficiently far ahead in the game that your opponent has practically lost even though his or her life point is still above zero.

An undervalued mythic with a snowball effect is more likely to find a home and experience a price spike compared with a mythic that offers you a splashy, one-off effect.  Incremental card advantage and board position win games. Sometimes the advantage those cards generate are not immediately obvious until you play with them.

I am going to cheat and use a couple of Standard rares to illustrate this point. In my defense, the following are rares that started out their Standard lives being in the low single digit price range and eventually maintained a price above $15 for the majority of their Standard-legal life. Without playtesting with Goblin Rabblemaster, it was easy to overlook the fact that every turn Goblin Rabblemaster stayed on board puts you further and further ahead in board position. Every turn Courser of Kruphix remained unanswered could potentially lead to an extra card drawn and an extra life point gained.

This question generally applies to permanents rather than spells. We do occasionally get a spell that allows us to chain card advantage. The first Sphinx’s Revelation you resolve increases your odds of hitting your second.

In this vein, I like Sorin, Solemn Visitor as a pick right now and during this summer. Sorin is currently paying a visit to the valley of sub-$10 playable mythics. $9.40 seems too cheap for a versatile planeswalker that generates incremental card advantage and could be found in both Abzan Aggro and Abzan Control. Perhaps the latest iteration of Mardu Superfriends could be the next tier one contender in the format. Or we could even see Sorin and Narset side-by-side in Esper Control in the new Standard meta this October (I personally prefer Dragonlords). Sorin also has the additional upside of a relatively low spread of 36% as of writing.

Conclusion

Those three questions cover only the main points in evaluating if a sub-$10 mythic has a good chance of spiking before it rotates. Other factors like Duel Deck reprint risk and set supply should be taken into consideration as well. I chose those three elements because they constitute a useful rule of thumb to help you decide if a cheap mythic is worth picking up. Those points were derived from the lessons I’ve learned from getting burned by Duskmantle Seer and the countless other mythics I spec’d on with hopes of an early retirement but are now destined to remain in my bulk spec box forever. Those points were distilled from the what little success I’ve had with Thundermaw Hellkite and a few other mythics which in retrospect seemed exceedingly obvious they were too cheap. Those were the points I used to evaluate Dragonlord Ojutai before coming to a conclusion that I should probably preorder him.

Do share your thoughts in the comments section below, or catch me on Twitter at @theguoheng.


 

 

UNLOCKED PROTRADER: Casual Hits of 2015

By: Corbin Hosler

Hello, everyone! I appreciated the response to my article last week, which I think exemplified one of my core tenets when it comes to MTG finance: playing it safe.

There is plenty of money to be made in this game with proper planning and timing. What isn’t needed is speculation-fueled buyouts, huge positions in Standard cards that may take off tomorrow, or supply-side buyouts.

Why go through all the trouble of that when there’s so much easy money waiting to be made, assuming that you have a little patience?

As I explained last week, that’s why I love casual cards, and it’s why I focus most of my speculation decisions around that. I’m not the guy glued to Pro Tour coverage to see what gets mentioned early Friday morning and buying out whatever that is. I’m the guy playing Commander at the LGS and finding out what cards are going to still have demand for them in two years.

Of course, with such a long time frame on these cards, it can be easy to forget about some of the good targets in this category and lose yourself in the Standard or Modern happenings. That’s why one of the things I like to do every so often is centralize all of these will-be targets in once place.

Almost six months into 2015, now seems like as good a time as any. I’m sure I’ll revisit this at the end of the year with an update, but now represents basically the optimal buying opportunity on some soon-to-rotate cards, so this should be helpful in the short-term as well.

Last week, I added a list of some cards that fill this category that were already seeing movement. I’ll repeat the list here for convenience.

  • Akroma’s Memorial. The Magic 2013 version is at an all-time high of $12, and this was a $20 card before the reprint. It’s going to get there again.
  • Nicol Bolas, Planeswalker is on a tear, and is almost $9. Again, we have what was a $20 card before a reprint. This has seen a lot of growth already this year, so it’s not quite as attractive, but this is going to continue to climb.
  • Door of Destinies is at an all-time low of $3.50, and this will continue to climb back toward the $8 it was before the reprint.
  • Rise of the Dark Realms sits at $4.50 after some momentum, and as a mythic, this one should rise at a faster clip than the others.
  • Gilded Lotus is also at an all-time high of $6.50 (noticing a theme of “casual reprints in Core Sets?” and will be $10 within in a year.
  • Looking further ahead, Darksteel Forge has three printings and hasn’t shown much momentum this year, but it fits the exact same mold as Gilded Lotus, and Darksteel versions of this used to be $12.
  • Dragon Tempest and Dragonlord’s Servant are both on their way to bottoming out, and once they hit near-bulk status they become very good long-term players.
  • Adaptive Automaton is showing some steady progress over the past three months, and is likely due for a correction upward within the next year.

What do all these have in common? Besides being sweet casual cards, they also have all already seen at least a little movement, and in some cases more. While this is a great sign of things to come and represents a reason to get in, it also necessarily means less upside. There’s nothing wrong with this, of course, and all those are picks I like moving forward, but we’re not exactly getting in at the very bottom, either.

Today, I hope to shed some light on those cards that are actually near the bottom. Getting in at the valley may mean a longer timeframe to cash out, but it also means maximizing profit.

So let’s dig in.

foodchain

2014

I know I said I was going to focus on 2015 today, but I can’t help but look back to last year as well. Don’t worry, I’ll keep it brief.

Gods

Basically, I’d be remiss to talk about casual cards and not mention gods (holy crap, these are actually from 2013, huh? Getting old, here). Either way, these are basically mini-Eldrazi that will see growth over time, even if it’s not the momentous growth that Emrakul and friends saw.

Of these, the mono-colored five are certainly good, but I feel like the upside may be more in the Born of the Gods and Journey Into Nyx copies that were opened much, much less. You already know the score on these, so I won’t dawdle.

Nykthos, Shrine to Nyx

This bottomed out back in February (when it was my Pick of the Week on Brainstorm Brewery), but since then it’s climbed back to $6. I expect this will have to wait until rotation to go lower, but it’s well worth picking up then.

Prophet of Kruphix

It’s hard to know what the right call here is, but I imagine it’s the alternate-art printing, though neither is expensive and regular foils are trending toward $5. This thing is straight bonkers in Commander, and I don’t think that’s going to change anytime soon.

Dictates

Specifically, Dictate of Erebos (especially the foil) and Dictate of Kruphix (Game Day promo). These are solid Commander playables, and while they’re certainly going to take some time to move up, move up they will. Grave Pact is $8 after six printings. Dictate of Erebos has huge long-term upside.

Urborg, Tomb of Yawgmoth

Again, a card that’s not cheap enough yet. It’s $9 but was $20 before the reprint. Standard play likely props this up a little, so if this settles down by rotation it will be a great pickup.

The biggest reason? How nicely it plays with Cabal Coffers, forming the most dangerous combo of any black deck in Commander.

Sliver Hivelord

I’ve talked about this several times, but for good reason. Every other five-color Sliver bomb is at least $15. This will be too.

Crucible of Fire

Again, a long-term gainer here. But Dragons, yo. People like them. This was $5 card before the reprint.

Clever Impersonator

Phyrexian Metamorph is $5 with one printing and a promo. Impersonator isn’t exactly that, but in practice it comes pretty close. On top of all that, it’s a mythic. As we’ve seen with sets like Zendikar and Innistrad, coming from “the most-opened set of all-time” isn’t the drawback you might expect. At $2 there’s a lot of upside on the Impersonator.

Temporal Trespass

This isn’t one I’m as hugely excited about, but it will certainly make its way into plenty of Commander decks over the next few years, and importantly, it is a mythic. It’s essentially a “dollar rare” these days, and it’s hard to lose at that price.

Soulflayer

Again, not one I completely love, but it’s worth noting that Cairn Wanderer is $2 so this could end up there one day, too, especially since it’s ostensibly better.

Dragons

Of course, this encompasses a lot. Looking at Dragons of Tarkir, I see a lot of cards that need to drop quite a ways before I get particularly excited about picking them up.

That said, some are head and wings above the others when it comes to the long-term. The Dragonlords, especially Silumgar, Atarka, and Dromoka, are good casually. Ojutai is just plain good, but I can’t foresee this hitting a price that makes it worth picking up until at least rotation. Thunderbreak Regent is actually the clear winner, though again, it’s too expensive right now to want in on. But it has so many things going for it, not least of which is just being red and therefore more flexible, that it’s hard to not see this as the best long-term pick.

I’m interested to see what happens with the Game Day promo of this card, because that’s definitely the most attractive version, as Guo Heng Chin touched on earlier this week.

Haven of the Spirit Dragon

This definitely competes with Nykthos for the title of “best casual land currently being supported financially by Standard,” and it may actually surpass Nykthos in that regard. I hope every day that this gets cheap soon, because it’s just such an appealing target if it hits $1 to $2, even if we have to wait for rotation to get there.

Sidisi, Undead Vizier

As sweet as the other cards in this set are, this may actually be the best in Commander. It’s finally starting to fall, and I can’t wait for this thing to bottom out.

Risen Executioner

Rounding out our list today is a pretty solid zombie, which has both the benefit of being cheap and being mythic. Lord of the Undead is $8 after several printings, and while Executioner may not be that good, it’s still an extremely-solid zombie lord. Lots to like here.

mysticspeculation

And that’s my list of casual targets for the past 18 months. There are a few lesser ones that are interesting, but this represents the best of the best. Until next week (when we have a full Modern Masters 2 spoiler), keep it casual!

 

Thanks for reading,

Corbin Hosler

@Chosler88 on Twitter

UNLOCKED PROTRADER: A First Look at Modern Masters 2015

By: Travis Allen

Clack-Clack-Clack-Cla

This article will have been the most fun I’ve had writing in months, possibly ever. I say this without any consideration for the content within. What am I talking about? I recently purchased a mechanical keyboard, and ho boy, let me tell you. This thing is amazing. Every key press is simultaneously a musical note and a distinct tactile sensation. Typing is akin to receiving a massage, and each muscle plays it’s own sound when relaxed. You see, most keyboards, such as those on your laptop or the one many of you are using on your desktop, use a series of rubber membranes underneath the keys. You push a key, some rubber moves, an electrical circuit is formed, and the computer registers a key press. On the surface of the board the keys are independent, but the inner workings beneath the keys are all connected.

Mechanical keyboards, on the other hand, hearken back to a time before advanced manufacturing techniques had turned its eye toward computers, before capitalism drove down both the cost and quality of everyday keyboards. Each key on the board is completely independent of the others, and they use a fully self-contained mechanical process to register key presses. (This website does a good job of illustrating the function, as well as educating you on which type you may want to invest in. I chose Cherry MX Brown switches, and I’m quite happy with them, though they don’t have the same distinct tactile bump mid-stroke that the Blues have. I’d be happy with either.) The end result is a wildly satisfying typing experience that I can’t recommend strongly enough if you spend any appreciable time at your computer. Be forewarned, though. If there are any light sleepers in your home they will be immediately aware of your new purchase.

Modern Reforged

What does this have to do with our topic for the week? Nothing, really. I just wanted a chance to type more words on this thing and I thought I’d take the opportunity to share with you all this nifty new device I’m enjoying. As far as content goes, I had planned on starting this week off by continuing from last week’s topic—that is, what cards to trade for heavily over the summer as Khans of Tarkir block prices fall.

After pulling up Fate Reforged, though, I find really only a single card that looks to be immediately underpriced: Tasigur, the Golden Fang. He’s making waves in Standard, Modern, and Legacy right now, quickly cementing his place as a stalwart eternal staple. With FRF feeling under-opened, I see non-foils cresting $10 to $15 this fall, and foils are an absolute slam dunk in the $25 to $30 range. Realize that foil Abrupt Decay, another recent eternal staple, is nearly $70.

Beyond Tasigur, there isn’t much in Fate Reforged I’m too excited about right now. I do believe that Ugin, the Spirit Dragon will ultimately rise, though I’m not entirely sure of exactly how his price curve will play out over the next several months. I believe that it’s highly likely we see him above $50 before the end of 2016, though that doesn’t mean that this August is necessarily the best time to buy in. And if we’re looking for places to stock up on cards that will be rising this fall in order to cash out, Ugin may not be the best choice with both a high barrier to entry and uncertainty about when exactly he’ll reach his full price potential. There’s also the looming specter of the spring’s Duel Deck, for which Ugin is a serious candidate. Should that come to pass, it will add another year at least to his growth cycle.

I’m a big fan of Monastery Mentor, as well, especially foils, though again, with such a high price tag already, it’s going to be hard to build up too much of a portfolio this summer. I would recommend trading for all three of these FRF cards as much as possible over the coming months, and for any other cards you want to park value in, refer to what I wrote last week.

Just the Thing

While staring at the Fate Reforged price list and wondering what the heck I was going to write about this week, I noticed that Modern Masters 2015 official spoilers began today. Well, hey, that’s something people care about, right? Perfect. We’ll look at what’s official up through Tuesday, May 5.

It won’t be too surprising to learn that most cards in MM2015 are going to drop in price, at least initially. Our goal isn’t to just guess at which direction everything is going to go, but rather, to understand how far it will drop and consider the point at which we want to buy. Having said that, there is one culprit that may once again escape the pitfalls of reprint.

I had two reactions to the official reveal of MM2015. First, that Tarmogoyf was going to be in, and second, that its price would finally fall. Finally, I reasoned, supply would begin to outstrip demand.

In the intervening months, however, my opinion has wavered. I am no longer so sure that the amount of Goyfs introduced to the market will be enough to satiate public demand. My fellow writer, James Chillcott (@mtgcritic), has been trying to hone in on the number of copies that will be introduced relative to the existing population of Goyfs, and I’ve got to say, it’s less than I would have initially expected. When you consider just how few people out there actually own sets, it’s easy to see how this could once again fail to slay the green monster. Next time you’re at Modern or Draft or FNM, ask around and see how many players actually own playsets. Almost everyone that isn’t a die-hard Spike won’t own any, and even among the competitive players, I’m guessing you’ll find perhaps a 25 percent ownership rate. If the printing of MM2015 creates more players that are seeking playsets of Tarmogoyf than playsets themselves, demand rises, and so too will the price. My estimated price on Goyf right now for the initial months following the release of MM2015 is somewhere between $160 and $190. Time will tell, I suppose.

tarmogoyf

Mythics

How about the rest of the spoiled cards? Let’s start with some big ones. Emrakul, the Aeons Torn was spoiled very early, and as a result, he’s dropped from $60 all the way to…$50. There will be further loss here, though don’t expect prices south of $30. He’s still the preeminent reanimation and cheat-into-play target in every format where he’s legal, and is a casual all-star to boot. Our best course of action here is to wait for Emrakul to hit his floor, and as soon as he begins to rise again (likely sometime this fall), begin scooping up copies like mad. We won’t see him again for quite some time after this, and I’ve no doubt he’ll return to $50 within a year or so of his appearance here in MM2015. The only way he doesn’t climb back up to that price is if he’s somehow trumped in Battle for Zendikar, which I consider highly unlikely. Right now, Emrakul is a prime target to trade all of your Siege Rhinos and Rattleclaw Mystics into this October.

Kozilek returns, the last of the three to receive a second printing, and boy did he need it. He’s been more expensive than Ulamog for quite some time, despite the fact that Ulamog is fringe-playable in any big mana deck and Kozilek is resigned to casual-oriented formats. That his price stayed that high without a modicum of tournament success tells us just how much casual demand there is for this guy. The only reason I see his price suffering much at all this year is because of just how packed with value the mythic slot is this time around. Kozilek will be another excellent trade target as MM2015 prices bottom out in several months.

Karn should follow a similar path as Emrakul as a giant, colorless, awesome card. In fact, Karn seems even more resilient here than Emrakul is. He was just about $50 before he was officially revealed in early March, and he’s still about $50 today. He won’t be able to sustain that price, as the market always seems to react rather slowly to reprint news like this, but like Emrakul, I’d be surprised if he made it under $25 or $30. I’m less bullish on scooping up copies of Karn this fall, though. While very cool, he’s not actually played in nearly as many places as Emrakul is. There’s clearly appeal from casual players, EDH tables, and cubes, but he isn’t a mainstay of combo decks in both eternal formats in the same way as Emrakul. You could do worse than picking up Karn this fall, but he won’t be my first choice.

While we’re talking about colorless cards, Mox Opal is yet another high-profile colorless mythic, though unlike the Lovecraftian horrors detailed above, is vulnerable to corrosion and violent storms. Another $50 to $60 mythic before its announcement, Opal too hasn’t budged much yet. The path for this will be similar to Emrakul. It will drop into the $30 to $40 range, then given its utility in various formats and status of being a Mox, will only stand to gain once we get past the initial supply glut.

I’m a bit surprised to see Iona here, as she was widely expected to show up in the upcoming From the Vault: Angels. Given that she’s so casual-oriented, she makes sense in an FTV product, while Linvala was expected here in the competitive product. With Iona in MM2015, did Wizards switch things up on us and put Linvala in the FTV? It would seem that way for now.

As for Iona, the hits at the mythic slot just keep on coming. There will be an interesting tension between this many high-demand mythics and $10 pack prices. Looking at Swords of Fire and Ice and Light and Shadow from the first time around, I see the Darksteel copies losing about 15 percent  after the reprint. Given that Iona is similarly a casual-oriented card with a very minor competitive play profile, I’d expect something similar here. She’ll probably dip below $25, but don’t expect anything south of $20 unless the whole set drops more than people expect.

If we divide the mythics into “better than average” and “worse than average” piles, I’m putting Bitterblossom in the worse half. The current price tag of $40 is based entirely on scarcity. While a mythic run in MM2015 isn’t going to add “one in every box of Cheerios” quantity to the market, it’s going to add quite a few copies of a card that is relatively unpopular right now. Add to that the same artwork, and there’s no reason to believe this will fare well. With the uncontested popularity of so many other mythics, Bitterblossom’s outlook is not great here. Could we see prices south of $20?

Vendilion Clique is probably the worst positioned mythic at the moment. The trio is competing against a slew of useful rares that plenty of players have been waiting ages to pick up, as well as several high-profile, heavily-played mythics, all while losing competitive ground in both Modern and Legacy. I picked up a small stack of these about a year ago at around $50 because I anticipated they would reach $90 to $100, as Dark Confidant had done, but they just never saw enough play to get that high. It seems they’re not used any more today than they were then, and if anything, it seems like I see them less often, particularly in Legacy. With another printing increasing both availability and competition among expensive cards, Clique could end up being one of the mythics with the furthest to fall.

Primeval Titan was shown off on Monday by perennial green mage Brian Kibler, and while the price hasn’t dropped much yet, expect it to in the near future. This will mark the titan’s fourth printing, and even with Amulet Bloom running rampant in Modern right now, it still hasn’t been enough to push its price much past $15. With so many other, more desirable cards in the set, things don’t look good for Primeval Titan in the near future. Given how long it took this to rise in price the last time, unless we see PrimeTime in the sub-$4 range, I’ll be inclined to stay away. This goes doubly so for the rest of the cycle, which all have far fewer competitive applications than Mana-Hulk.

Rares

On the rare side of things, the reprint everyone saw coming before MM2015 was even announced, Noble Hierarch, is going to present a lucrative opportunity. Its price will crash hard, with Jason (@JasonEAlt) and James looking for prices in the $10 to $15 range. I’m right there with them, and I’m also in total agreement that this is an excellent long-term gainer. Hierarch is all over the place in basically every format, including the kitchen table. They even printed Llanowar Elves in the most recent Commander product, which means that mana dorks can find a home just about anywhere. I’ll be looking for as many copies of Hierarch as possible this fall when she’s at her lowest, and hopefully she’ll climb all the way back to $40 given a year or so to grow. It took less than a year for Cryptic Command to go from under $20 to $55, and I expect the same here.

Fulminator Mage is likely to end up in the top five or ten most useful rares in the set, but that won’t save its value. I expect the price to take a nasty hit, just as Hierarch will, though the rebound should happen slower and softer. Hierarch is on the whole much more popular across a wide spectrum of players, while Fulminator Mage does exactly two things: fills out Modern sideboards and annoys people at kitchen tables. Mostly the former, I’d guess. In any case, I’ll be glad to finally have a set back.

Spellskite should fare as well or better than those two, given its ubiquity in Modern. I wouldn’t be surprised to see it being one of the top ten or even top five best rares in the set. Still, we’re going to see more of a drop from the current price tag of about $25. I’d anticipate prices in the low teens,  perhaps even below $10 depending on how great supply actually is, and what the rest of the rares look like. I certainly like Spellskite at its floor in a few months. It isn’t seeing any less play in Modern than it was, and will be good for at least 50 percent profits a year from its lowest point.spellskite

Splinter Twin is going to eat it hard. There’s exactly one deck that wants copies anywhere in the world, and even then, it doesn’t even necessarily run four. I don’t like it as a gainer, either. Once the boost in supply drives the price low, there won’t be sustained illiquid demand to drive it back up.

Daybreak Coronet was spoiled with a worse border and less interesting art, and like Adarkar Valkyrie and other casual cards, should suffer greatly. Boggles is hardly a major component of the competitive Modern scene, and beyond that, demand for Coronet exists only in casual circles. It will join the ranks of the slaughtered rares with nearly no hope of recovering. It won’t be the only white rare down there either, as Mirran Crusader will be joining it.

Another casual all-star, All is Dust, maintains a $20 price tag despite being GP promo’d. A rare printing is going to hurt like hell, though. Adarkar Valkyrie dropped dramatically when it was reprinted, from double digits to under $2, and I don’t expect other expensive casual rares will fare much better this time around. I can see Dust dropping well south of $10.

Next week should bring us quite a bit more to discuss, although there’s no way the density of absurd mythics can continue at this rate. There’s been a sort of semi-unofficial spoiling of Dark Confidant and Tezzeret via an MTGO announcement, so I’m assuming we’ll see those, as well as the rest of the Titan cycle. Probably a great deal more rares, as well, which I’m quite curious about. Once we have the full spoiler list in, we can begin turning our attention to all those left behind. Until then!

Going Mad – The Good Guys

By: Derek Madlem

Last week I might have come across a little hard on the #mtgfinance. Judging by the feedback I received, the zeitgeist was right there with me for most of what I said … and I received A LOT of feedback, more than any article I’ve ever written.

People associate a lot of bad things with #mtgfinance, even the use of the #mtgfinance hashtag has become a punchline to most people. Though to be fair, what hashtag has anyone ever taken seriously? #thanksObama

So now with everyone who tweets about the price of cards being evil we can all just agree that anyone that considers themselves a Magic financier is probably a terrible person right? After all, they’re out there just ripping off orphans, sharking trades from naive single mothers, and stealing Black Lotuses from the elderly using elaborate e-mail scams right?

The Retail Level

In the distant past there was a time when no Standard legal card was ever worth more than $20, it just didn’t happen. When you opened a pack of 4th Edition the best you could hope for was a Shivan Dragon because it was the most valuable card in the set at $20, with Royal Assassin right behind it at $18. Meanwhile, there were no “dollar rares” … even Chaoslace was $3, just go ahead and give that one a read.

ChaoslaceCards were hard to find, there were no internet stores…hell, there wasn’t really even an internet. It was years later when I convinced my mom to order a box of Tempest from an online store … she had to FAX HER CREDIT CARD INFO … things have come a long way since then.

When people began to approach selling cards as a business rather than a hobby, things revolutionized. Most cards got cheaper. As more and more people entered the fray, competition and innovation increased. The Chaoslaces of the world became what they should be – bulk. But some cards crept up in price. I missed the middle years of Magic, I was absent for everything that occurred from Invasion through Time Spiral block, but you know what I saw when I came back to the game?

Cryptic Command – $20
Bitterblossom – $20
Ajani Goldmane – $20

The best rares still didn’t seem to break through that $20 ceiling. But then we were introduced to Mythic Rares and everything was ruined. I mean seriously, it’s a Magic card … who would pay more than $20 for a stupid piece of cardboard?

As it turns out, a lot of people. Around this time there were a lot of people quitting because Magic was “getting too expensive.” At the  same time the game was experiencing a Groundswell of new players.

GroundswellDid these players come out of the woodwork because they were secretly waiting for a more expensive game to play? Obviously not. I’m going to put this next part in bold letters because it’s really important.

Tying up more of a set’s aggregate value in a few cards made running a game store easier.

Game stores are popping up everywhere and one of the main drivers of their success is selling Magic singles. Higher prices on popular cards creates opportunity for entrepreneurs. Think about this for a second: most stores made more profit selling a playset of Goblin Rabblemasters than they did selling a box of M15 … this is the reality of running a modern game store.

You know what provides you with all those tables at your local game store? I’ll give you a hint, it’s not the dollar rares or booster pack sales; it’s Baneslayer Angel and Bonfire of the Damned and Jace, the Mind Sculptor. It’s players like you buying cards like these that are creating a place for you and your friends a place to meet up and battle with Magic cards.

Supply and Supply

In my last article I drummed up the artificial creation of demand for certain cards. You know what else the Magic finance community does for you? They create supply as well. Whaaaaaaaat?

The “scrappers” of the finance community are out there aggressively digging through 5,000 count boxes pulling out the gems you need and they’re selling them by the fist full to online retailers, vendors at events, and local game stores. These people keep prices down by keeping the supply flowing into the hands of people that need the cards. With cards as mundane as Gitaxian Probe already hovering around $3, you can imagine what the price would be if the supply were cut in half.

It’s not just about picking bulk, these guys are combing the local game stores that lack an online presence and buying up staples and putting them back into circulation so that you can find them. They’re out there flipping through the binders and boxes of the most casual of players to pluck out these diamonds in the rough.

Scary StoreThey’re going into places like this to find cards, so you don’t have to. Those binder grinders are providing inventory for local game stores and online retailers alike to sell. You have to keep in mind that when a store runs out of Goblin Rabblemasters they can’t just order more from the distributor, they have to buy them second hand.

News Team Assemble!

“You heard it here first, the #mtgfinance crowd is not all bad … full story at 11”

One of the biggest benefits the #mtgfinance community has brought to the people is a dissemination of information. As more and more people provide regular content about the financial workings of the Magic economy, the average reader becomes more educated. While it sucks for the old-school sharks that made a fortune trading with the blissfully ignorant, the bulk of the Magic population is better served by being well-informed.

A genre that may have begun as articles about value trading has evolved into much much more. We have writers bringing over real-world finance lessons and explaining complicated concepts in simple terms. We have weekly reports on what we’re buying and selling to promote transparency.

We’ve got writers “attacking the format” from a variety of different angles – casual, Standard, Modern, eternal formats, Commander, Tiny Leaders, and the list goes on and on. I know that I sure don’t care to learn the worldwide metagame for EDH, I play against the same four or five people…but if I read what others are saying about popular EDH cards, then I have a more informed perspective.

All of these content creators are providing current and trending news on the cards you want and the cards you own. They’re boiling down complex concepts and interactions into 140 characters. They’re publishing 2,000 word manifestos on the inner workings of Tiny Leaders. They’re putting in the work analyzing and interpreting trends so you can focus your free time on what makes Magic so magical – playing the game.

As the volume of finance content created increases, the public becomes more informed and we have fewer people throwing away hundreds of dollars on sure-to-fail preorders. As the general public becomes more informed buyers we’ll see a decrease in those outrageous preorder prices and we’ll more quickly discover the cards that have real motivators for demand.

Most importantly we’ll hear less of that guy at our local game store making bold predictions on mundane cards because his audience will be informed enough to shut him up.

Technology

https://www.youtube.com/watch?v=w9ERiI1epI4

I agree, I love technology. You know what drives technology and innovation? Money. Take a look at all of the sweet offerings you have at your fingertips because of this whole #mtgfinance thing. Sites like MTGPrice and QuietSpeculation have cobbled together an assortment of tools to make your lives easier.

Buylist automation and collection tracking are just the tip of the iceberg as far as features we have at our disposal for under a few bucks a month.

We have portable access to pricing through apps and there are numerous “fair trade” apps that will make sure that you don’t leave a single penny on the trade table. All of this technology was created because of the #mtgfinance community. You may not think yourself a financier, but if you’ve ever looked up the price of a card then you’re a part of the community as a whole.

Maybe Not So Bad

Magic finance isn’t all about called shots, buyouts, and spec targets, it’s about understanding the underlying principles. We can read articles to find out the “why” instead of just looking up the “what” of a price.

We have access to a variety of resources that all popped up around this little community. Historic pricing data aggregated from dozens of sources? Yeah, we’ve got access to that. Daily gain / loss reports in our e-mail inbox? Yeah, we’ve got access to that. How many of you remember the old days when you had to log into starcitygames.com the night before you went to FNM to look up the prices of all your cards so that you were on point at the trade tables? Now we’ve got access to up to the minute pricing on our phones from a variety of sources.

We’re living in a world with no $3 Chaoslaces, and I have a hard time saying that’s a bad thing. The next time you hear someone mention MTG finance, remember the good things this community does for all of us regardless of our level of participation.

Until next time, you can find me on twitter @GoingMadlem or you can find me at GP Atlantic City working at the Aether Games booth, stop by and say hello.


 

MAGIC: THE GATHERING FINANCE ARTICLES AND COMMUNITY