Casual Fridays

Eyeing Rotation

10 Comments

By: Cliff Daigle

This is one of my favorite times of year as a casual financier, because people are starting to plan ahead for rotation in the fall. It’s really not that far off, though we do have a couple of sets to go before Theros block and M15 bid farewell to Standard.

Because people plan ahead more, there’s less of a problem with prices cratering at rotation than there used to be. It’s difficult to get full value on Theros block cards right now, and while I’m not buying anything yet, I’m planning for some things becoming available.

Theros

Thoughtseize – It’s down to $20 from its pre-reprint high of $80. Thoughtseize is one of the most powerful cards around, costing a card, one mana, and two life to rip a plan apart. As a rare in a best-selling fall set, the supply is very large, and the demand is also real in eternal formats.

I’d agree with you if you said that the price is going to go up over time. I wouldn’t be shocked if it was $30 or even $40 within a couple of years. The buy-in and the payoff time is just too high for my small-budget tastes, unfortunately. If it fell to the $12-$15 range, I would be aggressively picking them up. They are just too good.

Elspeth, Sun’s Champion – At $10 and declining ever since her Duel Deck came out, she’s a prime target. Planeswalkers are always going to have a certain appeal, and this one epitomizes what this card type is supposed to do. Good against small creatures, good against big ones, and an ultimate that makes it hard for you to lose.

I’m hoping she drops to the $7 range by September, but I’m happy trading for her at $10 and letting her slowly appreciate. I’m also not going to distinguish much between the Duel Deck foils and the regular Theros ones. Very few people are going to snub the foil and seek the regular.

Nykthos, Shrine to Nyx – I traded for a half-dozen of these at $8, and even with the recent spike in devotion decks, it’s not even back to $7. This will take a hit as rotation nears and those decks lose a lot of value, so when it gets back to sub-$5 decks that’s when to pick them up for their long-term

The Temples (Triumph, Plenty, Deceit, Mystery) – These are currently at pretty low prices, and I have to say that if they make it to $1 or so, I’ll be snagging them left and right. They are not good enough for most cubes, but they are fantastic in Commander and are unlikely to be reprinted soon. I wouldn’t expect a big turnaround on these, but they are solid and safe pickups.

Born of the Gods

Kiora, the Crashing Wave – It’s always worth looking into cheap Planeswalkers. Kiora has the Duel Deck edition going on, and that’s going to keep a cap on her price for a while. Picking her up in trades for $5 or less will be easy enough and worth doing. Keep in mind that Born of the Gods and Journey into Nyx have some relatively short print runs, and Kiora is Cube-worthy if there’s support for the Simic color pairing.

The Temples (Enlightenment, Plenty, Malice) – The first two of these have higher prices right now because of their applications in Standard. Waiting until rotation to pick these up is the play. I really like these as inclusions for deliberately underpowered Cubes, too. Get them around $1-$2, though Temple of Enlightenment pops up occasionally in Modern lists and might not go below $4.

Journey into Nyx

Ajani, Mentor of Heroes – I said it when the card came out: This is a terribly awesome card in the superfriends decks and you’ll want to wait till rotation to pick up a few. The price is still high, $16, due to a smattering of play and the low run of Journey cards. I’m not sure how low it will go, as there were never all that many in circulation, but there are a lot of Standard decks running him as a one- or two-of. Dropping to $10 seems likely, but he’s seeing zero Modern play and most of the Commander decks that wanted one got one, so $5-$7 is in play too.

Eidolon of the Great Revel – This is knocking on $10 and has been climbing all year. This took a hit not long ago, knocking down to $6, but it’s come back strong. This card is the real deal in eternal formats, making waves in everyone’s budget deck of choice: Burn. This has an excellent chance to add $5 or more in value within the next year, and I wouldn’t be surprised if rotation didn’t touch this price. It’s worth saying that in this day and age, reprints are a funny thing, and this is something I’d have on the radar for a reprint before long. When they go up, go ahead and sell out.

The foils are just $25, and that’s a low price for something that is a four-of in Legacy maindecks. It seems like a pretty easy pickup now, and has great potential to go higher. We’re not talking Abrupt Decay-level spikes, but seeing this as a $50 foil within a year wouldn’t be shocking. It’s that good and that commonly played in Legacy and Modern.

Magic 2015

Garruk, Apex Predator – Currently at $15 and seeing just a touch of Standard play, rotation should push him to $8 or so, and that’s when you want to pick up a few. This is a fantastic Commander card and is pretty unlikely to get printed again.

Ajani Steadfast – Only when this gets under $5 will I want to get any copies in trades.

Obelisk of Urd – Hear me out. Tribal decks are absolutely a thing in casual play and this is a pretty good way to make any tribe terrifying. Convoke is an excellent way to lower its cost, and the card is at $3/$5 despite seeing the tiniest amount of Constructed play. I’m a big fan of picking up these foils right now, and being patient. I’m not saying these will double in six months, but I do think these will have a slow upward trend and be excellent trade fodder.

The Chain Veil – With a foil split of $1/$8, this card has serious casual appeal. The nonfoils are a pretty weak bet, but it won’t cost you much to pick some up and this is a unique effect in a mythic slot, a combination that can lead to some impressive price swings. I would agree with you if you bought a few now and simply waited until a five-color legend was printed that enables planeswalkers somehow, or, heaven forbid, there was a five-color planeswalker that had the ‘This can be your Commander’ text. That would spike this foil to at least $20 upon being revealed.

Accumulated Knowledge, Modern Madness, Modern Masters, ProTrader, Unlocked ProTrader

UNLOCKED PROTRADER: The Coming Storm

4 Comments

A quick bit of house-keeping at the top of today’s article: as you may have noticed, I’m on the ProTrader side of the site. Overall, my writing is going to stay the same, but I’m going to limit explanations of common terms and avoid rehashing the basics as much. If you ever have a question about something I write about, reach out on the forums or in the comments—I have really enjoyed the great feedback and discussion I’ve gotten from y’all so far. Also, I’m going to try my best to keep the parallels to football to a minimum, but sometimes they work, so let’s just try and meet somewhere in the middle on that. And now, onto your regularly scheduled programming.

“We are less than a month away from Modern Masters 2”

I seriously have to tell myself that sometimes, because it really seems absurd. The accelerated release schedule that we’ve had is probably the first time where I’ve felt like things are coming out too fast. Dragons of Tarkir has been out for a little over a month, and most of us are only now realizing what a great set it is (let’s come back to this another week, though).

Realize that, three months from today, two new Magic sets will have been released. It’s unheard of.

Of course, Wizards is well aware of the potential danger of product fatigue—the company has managed to avoid it for over two decades at this point, but I definitely think they are wading into deeper waters. The solution, at this point, is branding. Modern Masters 2015, like its predecessor, is not intended for newer or younger players. Per Aaron Forsythe’s article on the release of MM1:

“And third, we hope the price difference keeps the product out of the wrong hands. The set will not be Standard legal—I repeat, the set will not be Standard legal—and we don’t want newer players picking these up by mistake thinking they can use them at, say, Friday Night Magic. The higher price should give them pause and make sure that players that know exactly what they’re buying are the ones getting them.”

One of the great things about Wizards is that so many of their choices and decisions, even at a corporate level, are informed by context and “getting” their audience. There are a lot of valid reasons for pricing Modern Masters sets like they have, and some of them are things they can’t really spell out on the mothership (WOTC really doesn’t like talking publicly about the secondary market).

I hate this reasoning though—it’s like making Hello Kitty wine and saying that kids won’t want it, because they know the legal drinking age is 21. My LGS has a very casual and very young base, but they all drool over the Modern Masters boxes we have behind the counter. Magic, as a forward-facing product that is the subsidiary of a humongous toy corporation, is always trying to keep its #brand fresh by changing how it looks every year. Right now it’s Dragon World, before it was Greek World, and a couple of times it was Robot World (we won’t talk about the year that it was “Silk Button-Down Anime Shirt World”).

The problem is that for the overwhelming majority of Magic’s audience, the brand isn’t defined by who or what is pictured on the packs this month, it’s by the allure of owning really good cards. Tarmogoyf is one of the most constantly talked about cards ever, on the level of Black Lotus and the best Jace. Want to own a Tarmogoyf of your own? Well, you can always try your luck at Modern Masters.

I say all of that to illustrate that WOTC’s branding of Modern Masters seems to imply that demand will only be from a segment of the community. Here is, in actuality, a highly scientific chart illustrating the demand for this product:

mmdemand

There is going to be a lot of demand for this product, across a very wide spectrum of players. Those who can afford to buy sealed product are going to do so, but that number is likely to be a small percentage of the players you typically interact with. In the short term, I expect a lot of players to be looking to convert their extra standard and EDH stock into Modern Masters. If you are looking for a sneaky good opportunity to get in on things like Khans fetch lands or other standard-legal targets, it may be coming up. If you plan on getting into sealed product, consider having a box of packs that you trade out, especially if you are able to get in at the $200 to $225 range. A lot of players are going to want to get those packs, but taking a sure thing in trade is always going to be the winning side.

I also want to talk about what is in the set, because as of now (Wednesday), we are starting to get credible information and spoilers. Most recently, Spellskite was added, and Splinter Twin, first suspected to be a mythic, was downgraded to rare. I expect that we will start to get official WOTC spoilers soon, and that we will know the full set long before it gets published officially. There was a big leak over the weekend, which featured the (original) Command cycle, Goblin Guide, Noble Heirarch, and several other high-profile cards (in addition to the aforementioned Splinter Twin).

noblehierarch

On Monday morning, at least a full day after the leak went viral, I had a friend ask if now was the time to move his set of Noble Hierarchs (which he does not currently use, so it is not impacting his ability to play). I told him no, because the best time has likely already passed. At this point, the smartest move is to wait until Magic Origins: if the supply of MM2 has dried up, then prices will start to rise like last time, and he’ll come out as well as he would have (if not better) than selling them before the leak. If you have anything you are considering selling that falls in the range of “potentially in Modern Masters 2,” my best recommendation for right now is to wait. I think most vendors are going to be very conservative on buying until we know the full set, and once something is for sure not in, the price will likely see a small, quick uptick. Anything that is spoiled for MM2 will likely see a short dip, followed by whatever impact MM2 will have on the market.

My personal expectation is that there will likely be “enough” MM2. The print run on MM1 was small, and was made even smaller by distributors stashing away cases. I think the two-pronged solution of more product plus a higher MSRP (which also means “higher wholesale cost”) will prevent distributors from holding onto as much as they did last time, so a higher percentage of the total print run will hit the market. A lot of packs are going to be shipped out in anticipation of the massive bacchanal sealed GPs that will be happening the following weekend, but I suspect that that is merely in addition to the print run, not a portion of it. WOTC wants to make sure that people feel like they had the chance to get some, without devaluing the product so much (in either price or allure) that they can’t swing Modern Masters 2017 in two years. Things like Serum Visions will plummet back to earth, but the cards like Dark Confidant and Tarmogoyf will stay elusive enough to make people clamor for future printings.

bacchanals

Some quick Modern Masters-themed hits to close us out:

  • In the arcana for the upcoming FNM promos, they said July and August will both be Modern staples in honor of MM2, even though the set will be released two months earlier. It doesn’t say specifically if Path to Exile (the first promo) will or will not be in the set. I could see it going either way.
  • Speaking of promos, I read that roughly 1,200 of the new Liliana promos were given out last weekend. If that number stays the same, it means less than 10,000 of them will be in existence at the end of the year. I don’t plan on trying to get my set until after the third round of RPTQs, when they will lose their allure.
  • Speaking of Liliana of the Veil, all of the cards “safe” from Modern Masters 2 (Innistrad, Return to Ravnica, etc.) are probably going to see a short-term surge, but will settle back after people realize that wasn’t a supply-driven spike, but rather opportunism. Stay away in the short term, unless you see something that you absolutely can’t live without that has stayed relatively static. Shout out to Jagster in the forums.
  • I’m excited to see what draft archetypes get included this time around!
  • It’s crazy that Blood Moon, a card that has been in Eight Edition, Ninth Edition, and freakin’ CHRONICLES is still $20. That would be a great include, but at some point you have to expect Magus of the Moon to start climbing. That card was in one set, and that set was Future Sight, so it almost doesn’t even count. Plus, do you remember the 8-Moon decks? I sure do, they were sweet. I’m tempted to just buy a ton of magi right now for retail. I also want to build Karstenbot again.
  • Profane Command is about to be reprinted for the actual hundredth time. That card gets no respect, no respect at all! Profane Command gets so little respect, American Airlines called, they thanked him for flying United!
  • We haven’t gotten official confirmation, but I don’t think there will be room for any of the Swords since the Eldrazi (and their Dust) will be taking over mythic slots. This means that there won’t be many good targets for Steelshaper’s Gift, which means the card could very likely not make it in MM2. If it’s not, I expect it to be the most expensive uncommon in Modern, unless I’m missing something super obvious. Also, I’m hoping for a Remand reprint.
  • People were clamoring after Splinter Twin got confirmed at rare that the Reddit leak was wrong, but the source had a lot of credibility from getting stuff right with MM1. If you don’t remember the old leaks (Ranc0red_Elf, et al), then it may sound like these leaks are just people throwing stuff against a wall to see what sticks, but there are a few sources with credible info. Getting rarity wrong is not a glaring error, especially since they are typically only dealing with limited information, and I’ve seen a lot of pictures where the set symbol could be either gold or orange. When you are reading spoiler info, try to get a sense of the poster’s pedigree, and if they have a high resolution, full frame picture of a new planeswalker with a crazy ability, assume it’s fake.
  • We are going to do another set review coming up soon like I did with Future Sight. I’m thinking Coldsnap, but if you have a favorite, let me know!

Thanks for reading my first ProTrader article! It was a pretty difficult topic to try and cover all at once, but I am more than happy to go over anything I may have skimmed in the comments. If you want to talk about any of this below, I’ll keep a close eye on the feed. Thanks, and I’ll see y’all next week!

Best,

Ross

Conjured Currency, Modern Masters

Immortals

20 Comments

Welcome back, financiers! Before we get into talking about dollars, cents, and mana symbols, I want to thank everyone for sticking with me for the past 60 articles that I’ve written for Brainstorm Brewery and MTGPrice. I’m extremely excited to be on this Avengers-esque superteam that MTGPrice.com has created, and I have dibs on being Iron Man. We’re in the process of ramping up the benefits that ProTraders on the site receive, so please check out  this video if you’re interested in turning Magic into a more serious form of income that can work for you.

While some of our articles are going behind a paywall, I’m glad to report that my content will remain free to read. Now, let’s get into the real introduction to this week’s topic of discussion.

Reprints and Card Values

“Man, the reprint of Adarkar Valkyrie really killed the value.” How many times have you heard a statement or question similar to that? When done correctly (or incorrectly, depending on your view of the game and whether or not you own the cards), reprints can absolutely destroy the value of a previously expensive card by overloading the supply in the market. Back in the 1990s, Chronicles nearly destroyed the game due to the massive devaluing of collections across the board. We saw (well, I didn’t personally, as Chronicles was released when I was nine months old) the original five elder dragons tank down to fractions of their roughly $25 values.

nicolbolas

Learning from its mistakes, Wizards of the Coast was much more cautious with the print run of the first Modern Masters. Popular and hard to find casual reprints such as Divinity of Pride  and Adarkar Valkyrie were hammered down to 20 percent of their original prices, and they don’t look like they’ll ever be able to recover anytime soon, especially since they both took an additional punch from the Commander products. Other top contenders for largest percentage price drop due to a reprint have been Polluted Delta, Stifle,  and Sanguine Bond.

Thankfully, WOTC has managed to tread the careful line between “Every card being on the Reserved List” and “Going full Yu-Gi-Oh! by reprinting practically everything, all the time”. Today, I want to talk to you about making money (or losing less money) in Magic, and how to utilize reprints to your financial benefit. In the past week or so, I’ve tuned into a subset of cards that, when reprinted, have shown enough consistent demand to warrant buying in at their floors post-reprint, because they will continue to show upward trajectory over the next several months or years.

Immortals

Untitled1 Untitled

I promise that I don’t get extra money in my paycheck for pointing out the benefits of ProTrader, but these daily emails are honestly a huge help in noticing trends that I otherwise wouldn’t. In fact, the detail in these two daily emails sparked my interest for the topic of this week’s article. Blame my lack of attention if you’d like, but I was under the impression that the Conflux edition of Nicol Bolas was still only $5 or $6, closer to the price of his Duel Deck version.

The specific common trait that piqued my interest with both Platinum Angel and Nicol Bolas is that each has been printed at least three times, and yet still managed to climb in price over the next several years after each reprint. While Nicol isn’t cashing out at $20 anymore, he still managed to double up from $5 to $10 since his inclusion in Magic 2013. Platinum Angel was scraping $3 back in 2012 after consecutive printings in two core sets, and has steadily reached a plateau of about $8 since early 2014. If you bought in at the floor of either of these cards post-reprint and had been holding onto them in the past few months, you’d be very happy to sell out now. In addition to the “invisible” profit of the cards going up, these are two extremely iconic and popular cards to the casual crowd, so it shouldn’t be too much of a chore to liquidate multiple copies as long as you have a Facebook account or a TCGplayer store.

I might be exaggerating a bit here when I use the term “immortal,” but these are examples of the cards that shrug off being “killed” by reprints over an extended period of time. They’re spearheaded by popular or unique casual categories (angels, dragons, planeswalkers, having the ability to prevent you from dying), and grow in popularity with the game.

liliana ves

If we continue in the vein of planeswalkers, one of my favorite “immortals” to “speculate” on time and time again has been Liliana Vess. Heh. Get it? She gave her soul for eternal youth, so she’s—eh, forget it. I put speculate in quotations, because I really don’t think there’s a whole lot of risk buying into this version of Liliana every time she drops a bit too far below $10. Liliana Vess has been printed six freaking times, and she still refuses to be a $5 card. While I don’t think we’ll be seeing her again for a while (Magic: Origins will contain the new double-sided Liliana, and then I assume WOTC will be busy trying to prevent her accessorized version from having a $100 price tag. This isn’t to suggest to go out and buy a ton of copies right this moment, but I’ve always been willing to trade for Vess because of how easily she sells, and how casually she shrugs off reprints.

DSeason

Remember when Doubling Season was reprinted in Modern Masters, and went down to $15 from the original Ravnica’s $30? Grabbing a bunch of those at their floor and dumping them today would have provided you with a much nicer investment than most sealed product that you could have purchased around that time, and would have also been easier to move with lower shipping costs. If, for whatever reason, Doubling Season shows up again in Modern Masters 2015(I do not think that this will happen, as I believe Wizards has a plan to implement a different type of Limited environment that Doubling Season would not fit well into) and the price drops to $10, I’ll trade for as many as I can find.

Did Someone Mention Modern Masters 2015?

Oh, would you look at that. We seamlessly segue’d into Modern Masters 2015. What a well-timed coincidence. If you’ve read this far, then you might be thinking; “But DJ, what about Tarmogoyf, Vendilion Clique, and Dark Confidant? They all shrugged off a reprint in Modern Masters, does this mean that they are the same types of card as those listed above? Am I safe to invest in them with their announced Modern Masters 2015 inclusion?” Well, high-pitched puppet hand voice, I’m going to have to go ahead and veto that idea.

The first Modern Masters set was a perfect storm of an extremely limited print run, a massive boom in the number of players wanting to get started in the Modern format, and the fact that opening a very expensive card has the tendency to encourage a player to build a deck containing it. While there will always be some players who are perfectly happy fire selling their prerelease pools, the following adage aptly describes a lot of what happened with the “Tarmogoyf effect” that followed shortly after the release of the first MMA set:

“Give a man a ‘Goyf, and he’s going to want three more.” – Derek Madlem

MMA2015 is already confirmed to have a larger print run than its predecessor, that much is obvious. The major question is whether the print run will have more of a noticeable impact on the top-dollar cards in the set this time around—and I expect that it will. If you were around for the release of the first Modern Masters, you might remember having trouble finding a box even at $250. SCG was selling boxes regularly at $350, but even they sold out relatively quickly. The big difference this time is that while boxes are approximately $250 retail, at least they are readily found everywhere around the web at that price.

Modern Masters ‘Mmortals

Remember that Divinity of Pride and Adarkar Valkyrie were absolutely crushed by their first reprints, and that there will be similar cards that will be targeted this time around. Our goal here is to find the Doubling Seasons of the set, that will take the hard-hitting reprint with a grain of salt, but slowly grow back over time and provide us with a consistent and steady gain. While there will be a larger print run, I have faith that we will be able to find specific casual cards at their floors when the dust settles, and take advantage of their slow and inevitable gains. I’ll point out one today:

Tezzeret the Seeker.full

tezz

What metal-armed, ambitious artificer sounds like a good candidate for the task? Tezzeret has already been locked in for the set, and he fought back from his Duel Deck reprint steadily over time. As these get cast aside and sold off for more ‘Goyf lottery tickets, I can definitely see him plummeting back down to $6 to $7. When he does, I’ll be more than happy to target all of them in trades, or maybe buy in if I’m looking to place my money in a solid long-term hold. If Tezzeret can survive being ripped apart by angry rat ninjas and being mind wiped by Jace, then certainly our “immortal ” half-metal walker can survive a Modern Masters 2015 reprint.

What do you think? Is there anything in Modern Masters 2015—confirmed or expected—that you are targeting at its floor price? Let me know your thoughts in the comments below.

ProTrader, Unlocked ProTrader

UNLOCKED PROTRADER: Spikecatcher

3 Comments

By Guo Heng

There is a singular interest we all share in mtgfinance regardless of our motivation for engaging in mtgfinance: catching price spikes before they happen. Today’s article covers the tools we could use to help us stay ahead of price spikes. This article aims to be a summary of the resources available to both beginners and experts alike to keep ahead of price spikes, and indeed most of these tools are used by seasoned financiers. Whether you a beginner or an old guard, I hope you would find a thing or two useful in this guide.

Before I go on, let me share with you how I got into mtgfinance.

Why I Mtgfinance

I started Magic way back during Urza’s Destiny when I was a kid. Back then it was all kitchen table Magic and I was playing with a bunch of hand-me-downs from a cousin and whatever junk cards my neighbour, who had a veritable collection, gave me. The only time I had to fog up cash from my allowance was to buy the first dragon I owned, a Two-Headed Dragon (yup, I had something for dragons since I was a kid) and the occasional booster pack.

My first foray into low-level competitive Magic took place during Mirrodin, when I was a teenager. I was playing FNMs on a weekly basis and I managed to throw together an Affinity deck using my measly savings. It sounds unbelievable today, but back in 2003, it was possible to build the best deck in the format without having to spend a fortune. Those were the days where the most expensive Standard chase rares were $10 – $15, before the advent of mythic rares and $40 staples.

I stopped Magic when I went to college. Unfortunately there was no Magic scene where I was studying. I started again during New Phyrexia, at the height of Caw-Blade’s dominance in the format and Jace, the Mind Sculptor became the first Standard-legal card to hit $100. Knowing that Jace and company were about to rotate out, I begrudgingly waited for Innistrad to come out before investing in a competitive deck. It turned out to be a prescient move as Jace and Stoneforge Mystic ended up getting banned in the summer, a few months before they were slated for rotation.

However, come Innistrad, it was still quite expensive to build a tier one deck. Liliana of the Veil hit $50 briefly when Blue-Black Control and Solar Flare became the tier one decks during the early months of Innistrad Standard, and they both ran multiple copies of Lily. I began grinding PTQs during this time and the only reason I could afford to run Blue-Black Control was the fact that I preordered my Snapcasters and Lilianas, which turned out to be one of the rare few times an impulsive decision save me money.

At the same time I started listening to a fledgling podcast, the first ever to focus specifically on mtgfinance, Brainstorm Brewery. Brainstorm Brewery got me hooked on mtgfinance and introduced to me a lot of important fundamentals in mtgfinance.

When the metagame shifted to Blue-White Delver, I was late to adopt that archetype as Geist of Saint Traft, who was a $15 card during the first few months of Innistrad Standard spiked to $25 after Dark Ascension came out and I was finding it hard to justify spending so much on a new archetype. I ended up playing second tier decks, which compromised my tournament results for a couple of months. I reluctantly pulled the trigger and obtained my playset of Geists when he dropped back to $20 in the summer.

One of the things I’ve learned from my first year of grinding the competitive circuit is that the best way to keep up with the ever-evolving Standard metagame is to apply a bit of mtgfinance prescience in acquiring Standard staples. Unless you have access to a deep wallet or a playgroup with a large card pool, the privilege of playing the best deck every week is going to cost an arm and a leg.

The reason I got into mtgfinance is this: I’m a Spike trying to catch competitive staples before they spike. My primary motivation in mtgfinance is to make sure I can play tier one decks as they emerge, or tune my deck to include the latest tech, without having to spend a fortune doing so. Making a bit of money on the side is the icing on the cake and most of my profits end up subsidizing more Magic.

The best way to catch cards before they spike is to identify undervalued cards. Gone are the days where price adjustment moved at such a glacial pace and you can grab cards at their old price a week after the card saw a breakout performance at a large tournament. Card prices are propagated at a speed much faster than the monthly InQuest price list update these days.

Today, in your quest to catch cards before they spike, there are a few tools you should not leave home without. The following are the resources that help me identify undervalued cards and stay ahead of price spikes:

  • The mtgfinance community
  • Spread
  • The Magic Online metagame

The MTGFinance Community

Keeping a finger on the pulse of the mtgfinance community is the most obvious one and I think most of you readers would already be doing this. Below is my reading list for mtgfinance and go-to resources for mtgfinance discussions.

First off are the financiers to follow on Twitter.

MTGPrice writers:

Other mtgfinance writers:

Listening to Brainstorm Brewery is a great way to keep up to date with the latest in mtgfinance. As a ProTrader, you get early access, so don’t skimp on the opportunity to hear the Brew crew’s pick of the week a day before everyone else finds out!

It is also worth checking out format-specific podcasts if you are interested financially in a particular format but do not have the time to engage in the format as much as you’d like to. I love EDH, and I play EDH when I have the time, but being the Spike I am, Standard always takes precedent as it is a PPTQ format. I am interested in the finances of EDH for two reasons: A) I would like to get my foils before they spike. B) Being the most popular casual format, EDH is an important factor to consider when evaluating a card’s long-term potential. The power of EDH-demand as a price driver should never be underestimated. Ugin, the Spirit Dragon is a contemporary example. Recently I have started to listen to The Command Zone and I’ve discovered that a number of cards which I have relegated as unplayable actually commands an interest in EDH.

Lastly, there are the forums. There are two mtgfinance-dedicated subreddits as of writing. The older one, r/mtgfinance is a compendium of articles and the newer one, r/mtgmarketwatch discusses individual cards.

And of course, the ProTrader private forums. If you have yet to check it out, the ProTrader forums is where you could find robust discussions about the latest card trends, the latest financially relevant developments in metagame and tips to help you get cards on the cheap. More importantly, you can find most of us MTGPrice writers actively engaging in the ProTrader forums discussions.

Spread

A card’s spread provides us with a metric to evaluate a card’s future price trajectory in an objective, unbiased manner.  Spread is the percentage difference between a card’s fair trade price and its best buylist price. Spread is an indicator of market demand for a card: if stores are increasing their buylist price while the retail price of a card remains the same, it tells us that:

  1. The demand for the card is increasing.
  2. The card’s current retail price would not likely hold as vendors adjust their retail price to complement their increased buylist price.

Jared Yost wrote a good article on spread a while back and I would definitely recommend reading his article to a more detailed explanation on spread.

A card’s spread could help inform us about likely trajectory of a card. For example, Ugin, the Spirit Dragon‘s surprisingly low spread is a good indicator that we would unlikely see his price tank in the short-term, as Jared elaborated in his Fate Reforged spread review.

Of course, don’t make your decisions based on spread alone. There could be a multitude of factors affecting a card’s spread. Spread is an objective metric to help you decide if a card is undervalued or not on top of your subjective evaluation. For example, Sarkhan Unbroken has a ridiculously low spread of 26% as of writing. His fair trade price is $16.49 while his best buylist price is $12.21!

One of the convenience of using MTGPrice to check the price of singles is the ability to view the buylist price of major vendors in a single page. Upon closer inspection we can see that there is only one vendor who is buying Sarkhan Unbroken at $12.21 (though they are buying 20 copies) and that particular vendor only ramped up their buylist price today. Could it be due to Andrew Cuneo’s spicy Temur ramp list which debut yesterday at the Standard Super League? I would not pick-up my Sarkhan Unbroken yet, unless I see other stores follow suit. If other vendors start ramping up their buylist price for Sarkhan, and if I start seeing Cuneo’s Temur list pop up on Magic Online daily events, or this weekend’s StarCityGames, I would start securing my own copies of Sarkhan Unbroken (disclaimer: I don’t have any Sarkhans yet as I’ve been picking up the blue Dragonlords rather than planeswalkers prior to the overall price spike for Dragon of Tarkir).

Speaking of tournaments, the next resource I use to help inform my mtgfinance pick-ups is the Magic Online metagame. Before I go on to discuss using the Magic Online metagame as a tool to help you identify potential breakout cards, I would like to make a little note about using Magic Online trends to make paper decisions.

Magic Online Trends as Precursors to Paper Trends

Magic Online trends are potent precursors to paper trends during the first few weeks following a set’s release. Magic Online is a testing ground for grinders and pros so when there is increased demand for a particular card, there is good chance the demand would translate into paper Magic soon, when the deck breaks out in large paper tournaments.

Master of Waves started spiking on Magic Online a few days prior to Pro Tour Theros even though it saw no play in the StarCityGames Open during the first weekend of Theros‘ release. The only explanation I could come up with was that the price hike on Magic Online before the Pro Tour was driven by Pro Tour players testing Mono-Blue Devotion, which turned out to be the breakout deck of the Pro Tour. Likewise, Dragonlord Ojutai was the most expensive Dragons of Tarkir card on Magic Online for weeks, but paper Dragonlord Ojutai only overtook the price of Narset Transcendent this week on paper. It should have done so a while back as Narset was barely seeing play while multiple copies of Dragonlord Ojutai were played in both Esper Dragons and Ojutai Bant, two tier one decks in the current Standard metagame.

The weakness of using Magic Online trends as a predictor for paper trends is that Magic Online trends are driven primarily by competitive demand. And it works best only during the first few weeks following a set’s release, before the set’s supply on Magic Online gets bloated by Magic Online’s never-ending drafts.

I could be wrong, and Magic Online price movements could still be a reliable predictor even when the set is relatively mature. But I would need to look more into that, and in the mean time, I would err on the cautious side and only use Magic Online price trends only during the first weeks of a set’s Standard lifespan.

What I am interested in Magic Online however, is the metagame.

The Magic Online Metagame as a Precursor to the Paper Metagame

There are not many good things to be said about Magic Online, but one of them is that Magic Online allows us to peer slightly into the future of the evolving competitive metagame, courtesy of being the testing and practice ground for grinders and pros. The Magic Online impact on the evolution of the Standard metagame was so prevalent that Wizards restricted the publication of Magic Online daily event results to only one daily event per day in their efforts to slow down the rate at which Standard was getting solved. A few years back, we used to be able to see the results of every daily event that took place and there were (and still are) multiple daily events per day.

Whenever a new deck or a novel twist to an existing archetype finishes in the money (3-1 or 4-0) multiple times in Magic Online daily events, there is a good chance we could see it in an upcoming StarCityGames Open or Grand Prix. Larry Swasey took down a Magic Online PTQ with Jeskai Midrange before Mitchell Manders used the same deck to win Grand Prix Bilbao a week later and brought widespread attention to the archetype.

Keeping a close eye on the Magic Online metagame helps you identify emergent archetypes before they debut on paper. That may not translate into finding undervalued cards all the time, as new archetypes using different combinations of old cards would not drive prices.

However, sometimes you may stumble upon the next big thing before it becomes common knowledge. Right now, the most popular deck in the Modern daily events is Grixis Delver. The Modern metagame is not exactly at the forefront of the Magic community right now as the current PPTQ season is Standard and we do not have a major Modern event until Grand Prix Charlotte in mid-June. Grimes’ Delver runs three Tasigur, the Golden Fang. Tasigur is trending down at the moment. I have just completed my playsets of Tasigur last week. But I will be picking up more Tasigurs when Fate Reforged hits peak supply in late May, a month before we switch to the Modern PPTQs. The banana-king may return a profit sooner than I initially expected.

 

MAGIC: THE GATHERING FINANCE ARTICLES AND COMMUNITY