Spiking Cards – Round 2

January 20, 2014 Jared Yost

By: Jared Yost

The first round of spikes happened last month, and this month they just keep coming. Gee, the spikes for Magic cards aren’t slowing down anytime soon are they? Let’s break down last week’s spikes and see if the gains are for real, or if the hype train has derailed yet another card.

Summoner’s Egg

Usual suspect Travis Woo is the primary driver of this spike. You don’t have to take my word for it, he actually tweeted about it:

If you saw this tweet on Jan 7th, you might have been able to buy in early enough. Trying to sell into the next wave of buyers that think it can break higher than $4 in paper is another story.

If you missed out on this spike you are now asking yourself – is Summoner’s Egg the next Show and Tell in Modern? Let me answer that for you – No! It hasn’t even put up any real results! Through the Breach and Goryo’s Vengeance are a million times better than this card, and even they aren’t more than $10 and $12 respectively. Summoner’s Egg isn’t even in the same league as these cards. Sell any Eggs if you got ‘em; this price won’t be lasting long.

Fist of Suns

Huh, interesting that two Fifth Dawn rares spiked – just goes to show you how rare old sets are compared to recent print runs.

With less unbridled enthusiasm than Woo, the creator of the Fist of Suns deck Jan van der Vegt, who was championing the deck during Day 1 and ultimately finished 44th place, had this to say:

The freaking creator of the deck told people that it wasn’t any good, and it still went from $2 to $10! What the actual…. well, I am honestly lost for words here.

All I know is that the snowball to avalanche effect is the perfect metaphor for speculating in MTG these days. All it takes is one tweet or Reddit post to make a few deckbuilders salivate and start buying, then others check MTGStocks and see that the price is going up, and then these others decide to start heavily buying in. You wind up with a crazy price that in no way reflects the actual merits of the card.

Norin the Wary

Is this a joke? I’m happy to say it is indeed not. From the Magic Online classifieds to paper binders everywhere, Norin is now a $3 card. Why you ask? Take a look at this. Keen players noticed that this deck snuck 3x Norin into the build because gaining life, dealing damage, and pumping up your Champion of the Parish once every player’s turn is not too shabby. You can tutor him up with Ranger of Eos, get a bunch of Myrs from Genesis Chamber, and draw some cards with extra mana from Mentor of the Meek. I think we’re starting to see the beginning of a new archetype emerge in Modern. Soul Sisters has always been a deck, and this is just a new twist on that strategy.

His only issue is his Legendary status, which means that you can only have one cautious little Norin out at a time. Despite this I believe that this price has staying power, unlike those silly Fifth Dawn cards above. As of Friday, there were plenty available on TCGPlayer for $2.50. This price fairly represents his potential to make the deck a contender in the future. Keep an eye out on Norin, and if you like the deck I suggest you pick him up before the next potential spike that could occur closer to Modern season.

Cabal Therapy

How is Cabal Therapy, a card that already has seen a reprint twice (albeit rarer than most reprints,) an $18 uncommon? Well, I guess there are a few factors behind this gold rush – it has Flashback, which is a mechanic that is hard to reprint (plus we just had a set with Flashback,) the card name is very flavor-specific, and Judgment is a fairly rare set. These factors combined, plus the hype that drew attention to it Friday the 10th, made a lot of players anxious to quickly finish their Legacy decks.

I wouldn’t bet on Cabal Therapy keeping this new price – Wizards has shown they have no problem reprinting this card, and I bet in the future it could be in another supplementary product. Avoid buying into this. Sell or trade any extra copies you have at this point.

Market Theory – Analyzing These Spiking Card Trends

Over the past few months, cards good in theory yet without results have been spiking out of nowhere. I’m hardly a pot to call a kettle black, but come on people – you know who you are. This is just getting out of hand. More and more speculators are crawling out of the woodwork to make their fortunes on unrealized potential. I’ll let you in on a secret – I don’t really make that much on speculating.

Speculating on Magic in the way that most individual players engage is just like a person engaging with the stock market. What most people don’t know is that most individual investors underperform the market. Also, people seem to think very highly of themselves even if they aren’t getting a decent return from their investments. They even did studies on hedge fund managers, people whose entire job it is to make money from money. Guess what – not even these geniuses and brainiacs could outsmart the market, and their returns for the most part were “indistinguishable from zero”. That’s right, they worked their entire career and their gains were so close to nothing that they didn’t even register as a blip on the radar in the grand scheme of things. These are the so-called experts.

What does this all mean for you, reader? Well, it means that all of us need some self-awareness as to why we make the purchasing decisions we do. Maybe there is some emotional investment involved, where we pick up cards that scream cool to us, and convince ourselves that they won’t be going down. Maybe there are some people notice how few copies of a specific card are in circulation and see dollar signs. Maybe there is a secret consortium of card vendors out there, colluding with each other like OPEC to keep that oil money coming in… well, most likely not this reason.

Anyways, what this means is that in the long run you won’t be making much money from your Magic speculating. And that’s OK. Nobody really does, not even the market whiz kids. What you should be looking to capitalize on with your Magic acquisitions is a steady percentage increase from year to year by making smart buying decisions and timing the market correctly – something that takes a little bit of experience and knowledge to fully understand. Once you have the fundamentals down your pickups will start to reflect this experience and keep your binder full of relevant, relatively well-priced cards.

If I was to sum up the current frenzy of Magic speculating in one word, it would be “insanity.” Cards without a lot of results shouldn’t be jumping this high or this quickly. I’m not sure what can be done about this problem moving forward, though I think awareness about your place in the market as an individual speculator is as good a starting point as any. Sure, some of you probably made some decent money from a few of the cards I mentioned above – possibly even all of them. Remember though, in the long run the odds are against 99.9% of us. Players already complain quite frequently about the high price of cards, and adding fuel to the fire by buying up copies of cards that are only good in theory aren’t helping. I have a feeling that a lot of people will be burned by these spikes, and not just from the cards I mentioned above. There are plenty of examples that I didn’t showcase today (such as many of the cards related to a Nekusar.) Buyer beware, buy cards with care.

Casual Fridays

Reprints That Will Happen

January 17, 2014 Cliff Daigle 4 Comments

By: Cliff Daigle

I know we are all abuzz about the Born of the Gods spoilers, but today I want to address two topics that came up last week: counterfeits and reprints.

Reddit and Twitter and all plenty of other folks were up in arms about the Chinese company making very high quality fakes for not much money. These were Power 9 cards, fetchlands, duals, and all sorts of old and new cards that would fool anyone while inside a sleeve. There are indications that these have been trickling onto the market already, especially via eBay.

For a casual player, I recognize that the impact is minor. We tend to get cards and then keep them indefinitely. Our powered cubes, our foiled decks: these are the reason cards get scarce. It doesn’t matter much to me when cards go up in value, because it’s in a deck and is likely going to stay there.

The danger comes when we want to sell out or extract some increased value. More than once in my life, I’ve sold cards to pay for needed things, like a new transmission or student loan payments. Counterfeits threaten that value, and while Wizards is taking a step with the foil stamp soon to be added in Magic 2015, this is not the last we’ve heard of this problem.

To those of you who want to buy a set of power and all ten duals for pennies just so that you can have official-looking cards without the official price: shut up. You don’t understand the impact of what you are saying. A flood of indistinguishable counterfeits would be deadly, since no one would buy boosters to get cards for Standard when the counterfeits can be had for next to nothing.

In happier news, we are getting Modern Event Decks soon. No word yet on what’s in them, but we know the MSRP is going to be $75. We are all still guessing at what will be included, which colors and type of strategy, but Zendikar fetchlands have been a very popular guess, even if we don’t know how many of each will be in the deck.

It’s notable that Wizards is doing a single event deck. The Standard ones have all come in pairs, and frequently had a problem where one deck was more valuable than the other. This led to a glut of the lesser decks on shelves, and stores didn’t want to reorder both in order to get the in-demand one. They’ve announced that they will reprint this deck to meet demand, so there’s a chance that everyone who wants one can get one. (Just a chance!)

This first event deck will be a bit tentative as Wizards figures out what they are doing. However, you should expect more of these to come down the pipeline, as they seek to reprint cards and increase the availability of certain Modern staples.

Reprints have changed in a lot of ways since the early days of Magic. No longer do we have black border (original printing) vs. white border (core set reprint). Foil-only printings are a thing, as well as being able to buy a product and know for sure what cards it contains.

Most interestingly, reprinting a card these days doesn’t automatically cause the value of the older card to tank. This was not always the case.

In the past, there was a set called Chronicles. This set was designed to increase the number of certain cards in circulation. This was 1996, and Wizards had a lot of growing pains left to do. The secondary market was ill-formed and not well-connected. We all got our prices from Scrye or InQuest.

Chronicles destroyed the prices of many cards, but it’s worth mentioning that at this time, price and supply wasn’t centralized and shared online as it is now. It also needs to be noted that the summer of Fourth Edition/Chronicles/Ice Age is when Wizards finally got their logistics in line. Stores would get all they asked for, without needing to inflate their order.

We have had more than a few reprints lately. Some have caused prices of originals to tank. Many more have seen the new ones be cheap, while the original stays near its pre-reprinting price.

Example #1: Tarmogoyf

This and Dark Confidant were the banner reprints from Modern Masters, and their price hasn’t really budged. I know MMA was a limited run, but I really wish we could compare the quantities sold of MMA to Future Sight to Ravnica.

Example #2: Darksteel Forge

Now it gets interesting. The Planechase reprint didn’t hurt the value much. Being in Magic 2014 took half its value away…but note the gap between the two older versions and the M14 version. Is it worth a few bucks to have a different set symbol and different flavor text?

Example #3: Akroma’s Memorial

As one of the most unfair casual cards out there, the original was pushing $10 before it was reprinted in M12. The new one bottomed out right afterwards, around $3. But lo and behold, both the Future Sight and the M13 copies are around $8 now.

Example #4: Thoughtseize (Lorwyn)

Look at the graph for this card for 108 weeks. Last January it saw a big rise, reaching $80 before the reprint news. It’s back to $40, while the Theros version is just $15. The big question is how that price will change over time. We are about to embark on Born of the Gods, but Theros packs will be opened until summertime. Magic Online redemption is going to be a factor, but how much with the price changes and event entry/prize tweaks?

With these examples in mind, let’s look at some likely reprints and if we should be afraid of the impact on value.

Filterlands – These will get printed again. I’m not sure when, but they are from an underbought pair of sets, especially the enemy ones of Eventide. They see a little Modern play, but they are probably the best lands in casual decks for their ability to give double of a color – we dearly love big splashy spells. I’d see these taking a dip at reprinting but not by much. Grab them when you can.

Zendikar fetches – At reprinting, they will lose 20% or so of their value. There’s too many Modern players who would be snapping these up to keep the Zendikar lands down for long. The casual appeal of these is also very high–we all have shocklands to fetch now! An easy call to say the price will stay stable/rise. I do not think that there will be enough Modern Event decks to meet everyone’s demand, so if these lands are in that box, the originals will at least hold their value.

Onslaught fetches – I’d call these the safest of all the cards on this list. A reprint won’t hurt the prices of the originals very much, because the old frame will keep them as a more unique version. If these were printed in a Standard-legal set, I’d expect the demand to be very high at first, as Modern players added them to decks left and right.

Lurking Predators – If this gets reprinted, the price will tank. It’s a fun card, but the supply will be far greater than the demand. Get only what your EDH decks need.

Gauntlet of Power – Wouldn’t this be a fun addition in Theros block? Gauntlet of Power would make devotion better and easier! If reprinted, I think a lot of the price would depend on the art used. I really like the Time Spiral art. Expect this to hit $5 if reprinted, so be cautious.

Darksteel plate – I was really surprised that this wasn’t in any of the Commander 2013 decks. It is a great EDH card and that’s the only place it sees play. If it gets a reprint I’d expect the value to plummet and then very slowly rise again over time. Not a safe investment.

Vedalken Orrery – If you don’t want to mess with lands, this is up your alley. Do everything at instant speed! This is another card which won’t get affected by a reprint, because people are going to play the heck out of these. Another fairly stable card.

Tribal lands – I mean the Onslaught ones, à la Riptide Laboratory (Look at the spread between the foil and the nonfoil!) or Unholy Grotto. If reprinted these would tank and not climb for a while. The tribal decks have theirs already, and so a new round of these lands would be lots of extra supply. Be wary.

Wurmcoil Engine – even as the prerelease promo, this has an impressive price. Only Emrakul does better price-wise as a promo. This card is probably one of the best colorless creatures ever, making it an awesome fit into most casual decks. It shows up in some modern Tron lists too. I doubt this would get printed again in standard, but in a duel deck, it’ll fetch $10 pretty easily. These are a good bet to keep most of their value.

The Eldrazi (Ulamog, Kozilek, Emrakul) – Amongst the most mana-intensive creatures ever, these are in demand for multiple reasons. Rise was a VERY popular set, fun to draft and packed with value. Inquisition of Kozilek is a $7.50 uncommon, simply as a budget alternative to Thoughtseize. The three giants are nearly immune to having a reprint hurt their value, as seen by the have extra copies of Emrakul (prerelease promo) and Ulamog (FTV:Legends) floating around. EDH players love the immunity to mill strategies, as well as huge monsters, so I would call these a fairly safe bet to keep most of their value if reprinted.

One last tidbit today: for you Nekusar, the Mindrazer players. If you like Wheel of Fortune, don’t forget to add discard effects too, including the classic combo of Megrim and Memory Jar. In fact, the new Waste Not is going to positively sing in those decks. Enjoy!

City of Traders

The Maybe-A-Few-Hundred-Dollars Question

January 15, 2014 Travis Allen 2 Comments

By: Travis Allen

Think back to last March. If you were in school, it probably involved a spring break. Exams and the subsequent vacation were visible on the horizon. The weather was breaking and the color seemed to be seeping back into the world. Spring was just barely upon us, and with it the promise of another vital summer.

Come June, the sun was finally up before you were. Warm rays on your face stirred you out of bed. Your Facebook calendar seemed more alive. Weekends were spent at beaches and on bike rides. Friday and Saturday nights were spent on dates, at house parties, or lounging on patios during cocktail hour. Vacations were taken, camping trips embarked on, picnics eaten.

Or maybe you played Call of Duty all summer in an air-conditioned basement because you hate living life.

Either way, the summer is spent doing a lot of things. One thing it is frequently not spent doing is playing Magic. Making time for PTQs and IQs is easy in the dreary February months when there’s four hours of sunlight and a total lack of desire to be outside. But when it’s light until 9pm and it seems like every weekend there’s a thrilling activity to partake in, those three and four hour car rides to sit in a convention hall seem much less appealing.

The reason I’m waxing poetically about the exploits of summer is that they will have a bearing on card prices this year, and to what extent I’m still trying to come to understand. This year marks the first time since the summer of 2008, six years ago, that we will not have a Standard PTQ through the warmest months of the year.

Typically, the Standard PTQ season has occurred throughout the majority of the summer. Cards in the spring set were immediately Standard relevant, as PTQs began shortly after their release. As the fall season and the rotation of the senior set drew near, soon-to-rotate cards held value a little better than one would expect due to this continued demand. The grinder wasn’t happy about having to hold onto playsets of Thragtusk or Geist of Saint Traft or Huntmaster of the Fells, but as they were needed to play in PTQs, he or she bit the bullet and held onto them while they slowly slipped in value. The truly dedicated may have even kept more than one or two decks available, choosing to have access to most playsets of constructed staples as opposed to only a single deck.

This constructed demand helps ease the senior set out amidst a majority of players beginning to divest from rotating staples. Once March and April roll around, many players are aware of the fact that their senior block cards will soon be leaving the format. They begin selling and trading any additional cards they don’t absolutely need, so as to reduce the impact of rotation to their collection’s value. This guaranteed loss in value of cards is mitigated by a group of players continuing to need them to play in PTQs. Stores still have some number of players they can sell rotating cards to and players figure they can find someone, somewhere that will trade for them.

With the changing of the schedule, come March the Standard PTQ season is over. What’s left to keep RtR cards afloat? A quick glance at the GP schedule shows a whopping seven Standard Grand Prixs between March 9th and September, only three of which are in the US. It also appears there will be roughly twenty SCG opens, and then whatever IQs they happen to hold. Most players will be unable to attend a single one of those GPs, and there will be maybe one to two opens close enough to reasonably travel to.

Imagine it’s March 9th. Between now and September, there are no Standard GPs for you to attend, and a single open. The only other Standard events are your local FNM. What’s your incentive to hold onto Rav block staples?

When I started writing this article, I wasn’t sure what to expect to happen to the demand. Sure you were losing the PTQ season, but there would be enough events to mostly keep prices on a slow slide downwards, not an abject plummet, right? I’m not as convinced anymore. The only place the average player is going to be playing Standard is at FNM, and with all the alternatives to Magic the summer brings with it, even weekly attendance there is suspect. On top of that, why hold a $40 playset of Desecration Demons just to goof around at FNM? There’s a strong incentive to sell them off for booze money and play a janky nearly-block deck until rotation occurs.

It’s hard not to see the closest thing possible to a freefall of RtR prices in March. With barely anything left to support demand for the cards, I doubt most players will consider it worth holding onto cards like Nightveil Specter and Blood Baron. With thousands on thousands of players ready to ditch playsets, prices will drop like a lead weight. March 9th won’t be all doom and gloom, though. Theros cards won’t be subject to this, and with the block Pro Tour around the same time, there may even be a slight uptick in demand. Players shifting RtR cards will want to trade them into something, and Theros will be a good choice. Additionally, Modern staples won’t be quite as vulnerable to the drop. Voice of Resurgence, while probably not a $35-$40 card anymore. will hold value along with the shocks. Those of us with long-term aspirations can treat this as an opportunity to score Modern and Casual growers on the cheap, especially if people are willing to trade them at below-market value just to get rid of them.

I can’t say for certain that prices will react this way, as this is all just an educated guess at this point. Perhaps FNM demand will prove itself quite worthy, and cards will hang on longer than anticipated. That’s not where I’d be putting my money though.

One last note before I go: The recent counterfeit news has been all over the mtgverse, from Reddit to Rosewater’s Tumblr to SCG. Most with a pulpit have been proclaiming that these are bad news across the board for Magic players. The long and short of it is that while counterfeits make cards cheap in the short term, they also mean the only place you’ll be able to play Magic a year later is at home, since every store will have closed shop.

However, there seems to be a vocal group on the internet that are championing these facsimiles as some sort of Robin Hood, rescuing the oppressed proletariat from the bourgeoisie WOTC and their ostentatious cardboard. I firmly reiterate that there is nothing further from the truth. Everyone needs to set their frustrations with the cost of Magic aside, both legitimate and illegitimate, for the good of the game and the community. Magic is full of self-professed geniuses. It’s time for all of you that consider yourselves bastions of free thinking and enlightenment to put your ideals into practice and be willing to consider information that may force you to reevaluate your worldview.

Counterfeits are bad for Magic. If you don’t believe me, go read the numerous articles that have been written about it. If you do believe me, go tell someone that doesn’t.

The Gilded Goblin

Weekly News and Highlights

January 13, 2014 Jared Yost

Instead of focusing my article on one topic this week, I am going to focus on recent announcements from Wizards and what that means for all of us.

M15 Preliminary News

There were some interesting revelations released about the upcoming M15 core set. The biggest piece of news from this announcement was that they were adding 20 extra cards to the set. This was discovered by taking the card count that Wizards provides with a set announcement (for M15 this was 269) and comparing it to M14’s 249 total cards.

Before Mark Rosewater explained that the 20 extra cards were going to be uncommons, wild theories were being thrown around like candy. For example, that Wizards was finally making room for Zendikar fetchlands or some other such nonsense. Now that the outlandish theories can be put to rest, lets discuss the impact that 20 new uncommons will have on the set and for Standard in general.

This is a great idea for from a limited perspective because it will allow them to print more powerful cards at the uncommon level. A major comparison was made with the M14 rare Domestication, which was previously an uncommon in Rise of the Eldrazi, and then was upgraded to rare in M14 so that it would not kill limited. If Domestication is reprinted again in M15 I would be 99% sure it would be an uncommon due to this announcement.

From a financial perspective this could allow for certain uncommons in M15 to spike higher than usual if they are played heavily in a future Standard archetype. It would not surprise me to see $5 uncommons that reach the popularity of Young Pyromancer, Burning-Tree Emissary, or Boros Charm once M15 becomes scarce. Keep this mind when drafting or trading – getting a few chase M15 uncommons as a throw in could be a good strategy in the future.

Some are other tidbits were that the Magic card face was being redesigned and that Garruk is making a reappearance in M15. I don’t think the card face change is going to do anything negative for the game – as the saying goes, even if you put $100 bills in Magic packs players will complain about the way you folded them. Garruk reappearing is interesting though because many players noticed that the artwork depicted that he was still veil cursed – which lead to theories about a Garruk Relentless reprint. While nothing is out of the realm of possibility, I doubt that this will happen unless double faced cards start popping up in spoilers for M15. Double faced cards need a special type of print run in order to produce them in a cost efficient manner so unless there are double faced cards being spoiled in the future at all rarity levels you can count out a Garruk Relentless reprint.

Coming Up – Born of the Gods

Since BNG is on the horizon and spoiler season will soon be starting, let’s revisit my article about picking up multicolored cards for missing temples to see if anything is still relevant based on the spoiled U/W, G/W, and B/R temples:

U/W – I did not predict that this temple would make any existing cards more powerful and instead would reinforce existing U/W control archetypes and make Esper more viable. Cards in these colors have already spiked or reached their peaks – though there is always chance for the double spike before the season is over. Unfortunately capitalizing on a second spike would be very difficult, as many players will not buy into a card at such a high price that also has such a short life.

G/W – I’ve been a fan of Advent of the Wurm for a long time and the G/W temple could make it finally take off. I would definitely hold on to any copies of Advent you picked up in the previous months to see if the G/W temple can make it take off. Fleecemane Lion has taken a nosedive in price as I predicted, and can be had for as cheap as $2 from several vendors. I think this is the floor for Watchwolf+ because it still has a lot of casual appeal in addition to potentially being relevant in Standard over the next year. Loxodon Smiter is already being played pretty extensively so I don’t think the G/W temple will boost the price much. Any gains it might see would be marginal compared to the current price. I don’t think Armada Wurm is going anywhere; it is too pricy for Standard, though Trostani could definitely spike if a Populate deck is established during Standard season. In summary, watch Advent of the Wurm and Trostani the closest for price spikes.

B/R – Exava is dirt cheap right now and the right deck could really make her take off. I don’t foresee her going over $4 due to the intro pack inclusion. This is still a juicy pay off if you can hold your copies. Rakdos’s Return is already $5, but it could go up before the end of the season. Tymaret and Underworld Cerberus are very cheap for a rare and mythic respectively, but they’ll need additional help from BNG to be relevant in Standard. All in all, watch these B/R cards over the next few weeks.

Modern Announcement – Event Deck

Last week I discussed some trending cards in Modern and little did I know that Wizards was planning on releasing a Modern event deck! For $75 this certainly ain’t cheap, which means pricey format staples are being reprinted. Which staples remains to be seen yet there has been a lot of speculation as to what these might be based on the revelation that there will be double sided tokens included with the Modern event deck.

One popular theory is that it could be Mono Blue Tron. This makes sense because we could see Wurmcoil Engine tokens, and also gives Wizards a way to release more copies of Remand into the market. At the same time, they can also reprint staples like Karn that have been getting outrageously expensive since Modern has become more popular. Other potential reprints for Mono Blue Tron include Spellskite, Oblivion Stone, All is Dust, and Eye of Ugin which have been steadily going up in price over the years. Unfortunately Mono Blue and other Tron decks do not usually run fetch lands which are a sorely needed reprint in the format.

This leads into another major theory, which is that it is a B/W tokens list. This would allow Wizards to reprint Marsh Flats and/or Arid Mesa along with cards like Auriok Champion, Hero of Bladehold, Thoughtseize, Inquisition of Kozliek, and Windbrisk Heights. You can read more about the community’s speculation at http://www.reddit.com/r/magicTCG/comments/1urx5j/wizards_announces_modern_event_deck.

Again, let me reiterate that this is all pure speculation at this time. I wanted to highlight this information to make a point, which is that Modern speculation targets should never be held for the long term (1 year or more). With this announcement, and in addition to last year’s Modern Masters, Wizards has made it clear they have no qualms with offering regular reprints of Modern staples. Not to put the reprint fear into you, but plan your Modern acquisitions accordingly and realize that there is a time limit when holding a Modern card.

Counterfeits and the Community’s Reaction

After being discovered by others at the Quiet Speculation and Twitter communities, a post surfaced on Reddit describing a company in China that is making near-perfect counterfeit Magic cards (http://www.reddit.com/r/magicTCG/comments/1uoccf/beware_very_accurate_fake_cards_from_china_and/). If you check out the album of samples that the company offers you can see that they have the technology to reprint not only just Standard or Modern staples, they also can make Legacy staples like dual lands, Onslaught Fetchlands, Wasteland, and Force of Will. Personally, I haven’t seen the fakes myself to verify how accurate they are. Regardless, they offer a startling insight into the power of printers today and the efforts that someone will take to make a quick buck off of Magic copyright infringement.

A lot of people on Reddit were concerned that once the technology was perfected there would be no easy way to tell the difference between a real and fake, and thus these counterfeits would crash the secondary market for Magic singles. While I agree that this is a concern, I believe that ultimately these counterfeit cards will be of little consequence to the game at large.

The barrier of entry for counterfeiting Magic cards that are facsimiles of the real versions is very costly. There are several methods used already to create counterfeit cards (P9 counterfeits have always been an issue in the market). To make a good one takes a lot of trial and error, as I’m sure we’ve all seen some pretty comical fakes in our time. The printing equipment and distribution of cards are costly (though I admit, these business processes could decrease in cost over time as technology gets better,) which is evident because the vendor requires a minimum order of about $500. Only dedicated scammers will be able to purchase fakes en masse, which means that once the scammer is found out the community can be alerted to them and shut them down by having law enforcement intervene.
Even if counterfeits become a huge problem online, buyers will just rely more on big name stores like Starcity, Channelfireball, etc. to purchase their cards because they will be a reputable source. Lucky for Magic, collectability of the cards usually comes in second to players wanting and needing them for formats like Standard.
It won’t affect the sales of Magic cards at brick and mortar establishments because store owners are typically experienced at distinguishing between a fake and real card because they have seen hundreds of thousands of Magic cards over their lifetime. Buying directly from stores shouldn’t be an issue either.
Even the more experienced players will be able to tell the difference because there will always be little signs that indicate that the card is fake, since the printing process is so hard to replicate exactly.
Wizards is working on changing the way cards are designed to help counter the fakes entering the market (one reason I suspect the card frame change in M15)

Of course, there are concerns especially for older formats like Legacy and Vintage. If a card is double sleeved and sitting across from you at a table would you be able to tell it is a fake? I would elaborate a bit more on this concern, but I feel user whatmakesyouhappy at Reddit did a good job explaining this in the mtgfinance subreddit (http://www.reddit.com/r/mtgfinance/comments/1uv7ng/analysis_of_potential_impact_of_chinese/).

To summarize their analysis, the main concern is Modern, which is on the cusp of becoming eternal and still has crazy prices on more recently printed cards like Tarmogoyf and Dark Confidant. Again, like I discussed in my Modern section above, Wizards is all about the reprint in Modern – they can stay ahead of the counterfeits by making sure they have regular reprints which the Modern event deck all but ensures. The other formats are less affected because Standard needs must be fulfilled immediately (can’t wait 2 weeks for a card from overseas) while Legacy is more established (most players have the cards) and Vintage has always had proxies.

The counterfeits will exist, they have always existed, and Wizards and the community will ride this wave of counterfeits like every other wave before it. The security of purchasing from reputable sources, along with the effort to make high-demand cards available will help alleviate the impact of counterfeits on the market.

Wrap Up

That wraps up my introspection of last week’s news and my analysis on what it all means. I will leave you with some cards that I’ve noticed have been trending upward on the MTGPrice 50 Biggest Gainers page:

Kami of the Crescent Moon – Another Nekusar related spike? Yawn. At least this one may have Modern applications.

Reflecting Pool – Appearing across a smattering of Modern decks, Reflecting Pool has slowly been ticking up in price over the past week. Will this be the next land to break $20? Probably not, as Jund prefers not to play the land and Pool is mainly played in Tier 2 three-color-or-more builds. I don’t believe this card has enough of a profit potential to start grabbing copies.

Omnath, Locus of Mana – Did not expect this guy to appear near the top of the list. Apparently he can occasionally be found for $5 from several vendors on TCGPlayer. A popular EDH general, his demand is driven by the casual market. Expect Omanth to continue his steady rise into the future.

Damnation – I sort of saw this coming, though did not expect that it would break $30 and keep going. I guess Grixis and gifts control in Modern are becoming more popular, in addition to the casual appeal of the card. However, unless you need these for a deck, I would recommend staying away because the reprint potential here is quite high. (They did reprint Wrath of God in the latest Commander precons). The price really can’t go much higher so the potential for profits are slim at this point.

Tectonic Edge – Another expected rise. What could be the final price on Tec Edge? I think it might hit the highs of Inquisition of Kozilek , which is around $6-$7. The buy-in price is currently pretty high at $3, yet a rise to $6 is not out of the question come Modern season. Pick up your Tec Edges now before they get loony.

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