Tag Archives: MTGFinance

Unanswered Questions

Inspired by a recent article by our very own Douglas Johnson, I thought I might also take a stab at answering some unanswered questions from Reddit that are many #mtgfinancer’s minds.

Using the Weekly Ask MTGFinance Anything thread, I am going to try and answer all of the (currently) unanswered questions that may have been asked later in the week and got buried near the bottom. No question is a stupid question, so let’s dig our way up from the bottom and see what we have this week.

   

Mattscriv writes:

Alright guys, I decided to drop in and ask a few questions. Just to get this out of the way: I am in possession of a BFZ land brick. Is it okay to take off the plastic and use them, or will the value decrease a lot if I try to sell them later on? Second of all, I have a list of a few cards I was lucky enough to open in packs and I want to know whether I should keep, or get rid of:

Ruinous Path Shambling Vent – Foil Sunken Hollow Canopy Vista Liliana, Heretical Healer Archangel of Tithes Bloodstained Mire Dragonlord Ojutai Fathom Feeder – Promo Greenwarden of Murasa Sarkhan, the dragonspeaker Smothering Abomination – Promo Sword of the Animist

(Side note: I know that I should try to pick up ask many KTK fetches as possible, but what other lands around $10 or less should I try to pick up too? Pain lands?)

Thanks everyone that helps me out, but be warned, I may have further questions.

Land brick response:

Crack it and sell now. The only item that will maintain significant value in the future in terms of full art lands is the sealed Zendikar fat packs. The land packs won’t be worth much more than MSRP for all lands in the pack because players can get lands in boosters. Plus we also need to consider that Oath will contain full arts in many supplemental products as well.

Keep or Sell Questions:

Sell:

Sunken Hollow, Canopy Vista, Liliana, Heretical Healer, Archangel of Tithes, Dragonlord Ojutai, Greenwarden of Murasa, Promo Sword of the Animist, Sarkhan, the Dragonspeaker

These cards are all propped up by Standard currently. I recommend selling cards like Sunken Hollow, Canopy Vista, Liliana, Heretical Healer, and Greenwarden of Murasa sooner due to Pro Tour and new BFZ hype to maximize the price you sell at.

Keep:

Ruinous Path, Shambling Vent – Foil, Bloodstained Mire, Fathom Feeder, Smothering Abomination

I believe all of these cards will either maintain value or go up in time if cards like Runious Path and Smothering Abomination find a home in Standard.

Side note response:

The only other Standard lands worth picking up right now are Khans trilands, which if you can get for $0.25 to $0.40 you should stock away in bulk. These tri-ands will be in great demand in the future because of all the Wedge Commander decks that people build and they are going to want copies for fixing.

dwaynebank writes:

Do you guys believe holday giftboxes will affect the price of fatpacks? I understand they also come with land packs, but they’re packs of 20, where the fatpacks have packs of 80. The MRSP on the holday gift boxes is $24.99. Is it possible the giftboxes sell out everywhere and will sell for more than their MRSP, similar to the fatpacks?

PUBLIC SERVICE ANNOUNCEMENT – No,  holiday gift boxes will not affect the price of fat packs because the holiday gift boxes contain regular art lands, not full art lands. The gift boxes should sell at past or current levels of demand.

Adelysium writes:

Hey all! After some good trading on Gameday I managed to procure a Jace. My intention was that its easier to move 1 card than the 15 I traded to get him, when I eventually know what I want and find someone with the some stuff I want. My questions pertain to him.

For maximum value should I try to move now or keep?
If we assume relatively few packs of Origins will be opened between now and when he rotates, how much is there to lose and will he rebound after a slight dip considering his playability outside of this format?

The fact is, I have the standard deck I want and am happy with, sideboard and all. As far as immediate gratification, I’m fine without trying to move him. However, if he won’t be this high within a year of rotating I might as well move now. I don’t have the intention to acquire more of him, that’s for sure.

Thanks for the help guys!

Move the Jace. It is at peak price right now due to a confluence of factors, which is explained in great detail by my fellow write Corbin in this neat little video he made on the topic.

There is quite a bit to lose in terms of Jace’s price if you do not move him soon – Snapcaster was only around $30 at the time of his rotation from Standard, and I expect Jace to be at that price point or less by the time he rotates from Standard next year. My more precise prediction is that Jace lands between $20 to $25 at Origins rotation. If he still proves as popular in eternal format then as now, rotation would be the perfect time to pickup copies for future growth since double-faced walkers are going to be tough to print in the future. Otherwise, if you have extra copies around that you aren’t using than I recommend selling ASAP.

kogikogikogi writes:

Is it possible to link friends directly to my mtgprice.com collection? I’ve googled around and searched their site but I can’t find it at all. If not I’ll just use export and use deckbox but having a direct link on mtgprice would be super helpful.

No, unfortunately we don’t have that feature of our collection manager just yet. For the current iteration of the website you will need to export and then send the file. However, we’ve been working very diligently on a mobile application for the website that should have many features that will make collection sharing better – trading with nearby users and remote trading should alleviate parts of the collection list sharing process. Though, having a button/permalink to your collection is also a nice feature. We’ll have to add it to our feature queue in the future.

   

DatsRadMan writes:

I have a foil promo Zada, Hedron Grinder (TCG: $6.65) and a foil promo Beastcaller Savant (TCG: $5.49) that I’d like to know what to do with – should I sell/trade them now or sit on them?

What are these card’s potential long-term? I have heard Zada is useful EDH card and Beastcaller has potential in Modern Elves (whether that’s true or not)…what do you guys think these cards will be at post-Standard rotation?

Thanks!

Zada and Beastcaller have gotten plenty of attention, Zada from the Commander crowd and Beastcaller from the constructed crowd. Personally, I believe that you should keep the promo Zada because even if he drops I don’t see it dropping too significantly over time. Foils in Commnader will always maintain value, and if he turns out to be a popular card in the format than the promo should also maintain value in the future.

Beastcaller I’m not so sure about. I would sell now while BFZ demand is still high and supply hasn’t crashed the prices. It doesn’t seem like a Commander auto-include and I don’t think it quite gets there in constructed.

G_Admiral writes

I have a bunch of sealed booster boxes from the Return to Ravnica block (mostly RTR and thankfully only a couple DM) and several boxes of Conspiracy. It seems like the price hasn’t moved since I bought any of them. Any thoughts on when it will move or if there’s an opportunity to open them and trade/sell singles?

Now this is an interesting question, where an entire article (or even series of articles) could be written about MTG sealed boxes and when is the best time to buy and sell sealed boxes .

First, let’s take a look at what I and others have said on this topic in the past. Sig and I have briefly discussed boxes as article subtopics, however James has focused two well written free articles on the value of sealed product and how booster boxes play a role in that.

Me:

https://blog.mtgprice.com/2014/09/08/ancestral-recall-casual-demand-and-why-its-important/

Sig:

Protrader – https://blog.mtgprice.com/2015/04/13/on-pro-tours-and-booster-boxes/

James:

https://blog.mtgprice.com/2015/09/25/is-magic-origins-the-next-innistrad/

https://blog.mtgprice.com/2015/05/21/best-bet-booster-packs-vs-fat-packs/

Now, the summary of all this information is that booster boxes will go up in value due to inflationary costs of packs at a normal rate except if they are extremely popular draft sets like Innistrad, which will go up even more over time. However, even if they are extremely popular to draft and have other in-demand eternal cards in the set, it will still take quite a while for you to get a turnaround on those boxes where it worth selling (factoring in shipping, fees, etc.). Sealed booster boxes are hard to move, and they don’t go up that much in value over the years especially if the set is post-Innistrad.

My advice to those who are packing away extra booster boxes of sets is not to crack them, not to sell them off en-masse now, but to play the waiting game. Eventually, these boxes will go up at some point, for one reason or another, if they contain eternal playable cards like shock lands or the new baby Jace. However, sets like Dragon’s Maze are a lost cause, similar to Saviors of Kamigawa. How old Saviors is compared to the price of those boxes is abysmal when considering the age. Unpopular sets will still be that the in future, and it’s the nature of the beast that some sets will be stinkers throughout Magic’s history.

CaptainKnusper writes:

What is your opinion on the filterlands (Twilight Mire etc.) ? Would you hold or sell them ?

Filter lands are extremely risky to hold onto long term at this point. Any reprint is going to cause the current prices of these lands to crash significantly. At least if they’re reprinted in a Standard set, they only drop by half initially since the reprint hype will be in full swing. But once the market is saturated? You can bet they’ll all be in the single digits (barring the more popular ones, of course).

However, for the short term the price should hold unless a surprise reprint happens in Commander 2015 which would be pretty unexpected. They will probably spike during the next Modern season next year, which will be the best time to get out. In summary, my advice is to hold until the next Modern spike next year and sell during the hype of the season.

   

VolcanicVaranus writes:

Does anyone think the Theros block temples will swing up in price eventually? I know that most stuff hits an all-time low at rotation, and many of the temples are sitting under $1. I know they likely won’t see much (if any) use in constructed formats, but do you think they’ll end up higher than they are now?

Yes, Theros temples will start going back up in price eventually, but it won’t be a swing but a slow crawl as the years go on. They have a high chance of being reprinted as well due to Scry now being an evergreen ability. So, they should go up slowly over time until the reprint. Many of them should go up past $1 (until the reprint) since they are all used in Commander in one way or another as budget lands but not enough that I would suggest picking them up en-masse.

DarthAbel writes:

You can get “Kiora, Master of the Depths” for $7 or less (TCGPlayer), is this a good time to pick a couple of Kioras or will she keep falling? Usually the floor for “meh” planeswalkers is around $5 but I am surprised about Kiora been close to the bottom so fast.

No, I don’t think now is the time to pickup Kioras. It was a no-show at the Pro Tour, so she should only go down in price more from here on out, especially if she makes another reappearance in the next duel deck product. If you want BFZ Kiora, I would suggest waiting until around December, when we start hitting peak BFZ supply.

Biohunter405 writes:

Hello everybody! My friend and I recently traded for a Mox, but due to inexperience and not understanding everything being said, we ended up with a “border inked” Unlimited Mox Sapphire. Now the border inking is not something we had taken into consideration, so we were wondering if getting it entirely altered through something like Klug alters would be a worthwhile endeavor? We’re just a little lost and would like some advice from some people with more knowledge than us. Thanks!

Very interesting question! I’m sure an article (or even series of articles) could be written on the value of alterations and what the market for alterations would look like. A great topic for this series would be your situation, where we have an HP/MP card that can be touched up and what the price of it would be after the alter.

I’m glad that this question was asked, because I have a friend that went ahead and did this for a foil Worldwake Jace, the Mind Sculptor. Here is the Klug posting for the story behind it and what it looks like after Klug touched it up. Now, this was a restoration-to-alteration rather than an alteration but I’m sure that this situation will be very close to what you want for the Mox. I’m sure if my friend tried to sell he would get a price very close to the current foil WWK Jace for the work that Klug did to the card.

Basically, the answer to your question is yes – I highly recommend that you get your card altered by Klug because it will look great and add value to the card. The waiting list is pretty long though, so be prepared to wait in the backlog for some time.

TheHat2 writes:

Knight of the Reliquary had a nice spike after BFZ was released, and has pretty well kept that high price in the weeks since. Where do you see this card going in the next six months?

I don’t see Knight of the Reliquary dropping until its next reprint. Retreat to Coralhelm is an awesome card with Knight that has spawned a new Modern deck, one that I don’t see being replaced anytime soon. I would say hold, and if you’re looking to get out of Knights to wait until peak Modern season next year. That way, if the deck does well at a huge event you can sell into the spike that Knight is sure to experience.

SOHC4 writes:

What’s Dragonlord Ojutai looking like? In the last week or so, I’ve seen it drop about $3. Doesn’t seem like Jeskai lists are running it anymore. Should I dump them now?

Yes, get rid of Dragonlord Ojutai if you’re not using him for Standard. He might experience another spike when Khans / Fate Reforged rotates from Standard but ultimately he will drop like a rock once Dragons rotates from Standard.


 

So there we are, as of Sunday night I’ve answered all of the unanswered questions for this week’s Ask MTGFinance Anything. I hope these answers provide some insight to everyone for my current thinking on several topics, and that they also continue to provide discussion on the future trends of topics in #mtgfinance. As always, thanks for reading.

PROTRADER: A Seller’s Market

A week ago, I wrote about the ho-hum results of the Pro Tour. The professional players who made the top eight were incredible, with a vast history of experience and success. But the decks themselves were lackluster, to put it bluntly. Nothing on Sunday really excited me from an MTG finance perspective.

As a result, I was disappointed to make only tiny profits on the few Pro Tour purchases I actually did make throughout the weekend. Looking at the one-week interests on mtgstocks.com, it seems likely I’m not the only one starting at a financially inconsequential event.

Interests

This picture outlines the top movers over the past week. It’s true there are a handful of Standard cards in the list, but look at their actual price appreciation. Bloodsoaked Champion was the big winner, but do you think there’s much profit in buying copies at $2.33 and selling at $3.22? Doubtful. The same can be said for other top weekly performers, such as Hidden Dragonslayer, Secure the Wastes, and Crackling Doom. Put simply, if you hadn’t purchased these cards a few days before the Pro Tour, you weren’t really going to profit.

Count me in that camp.

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Floor Reports: Grand Prix Madison

Editor’s Note: Hey everyone, something special for you today. Jeremy (@LengthyXemit) is one of the true binder grinders of the world. While other people are running around at a Grand Prix having fun, he’s off sorting 40,000 bulk cards or working with the dealers on site. I’m thrilled to have him sharing his thoughts on recent events with us, and today we have a report on the Grand Prix in Madison that just wrapped up yesterday.
Hello!
My name is Jeremy. For those of you who don’t know, I attend pretty much every Grand Prix to grind Magic cards so that I can pay for college. I supply pretty much all the cards at my LGS: Valhallas Gate. I’ve written GP reviews on Reddit in the past and was invited to post one here. There were quite a few interesting developments at GP Madison that I thought you guys should know about. First off though, let’s start with the mainstay at every GP.

Vendors:

Power Nine.com:

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Power Nine was the first booth that anyone saw on their way into the convention center. The shop is owned by Dan Bock, a controversial figure in the mtgfinance world if one were to go by the feedback shown on both Reddit and Twitter. However, I had nothing but a positive experience when dealing with them at this GP. They were making offers on any card that approached the booth, something that is interesting for people looking to Ogre five-row boxes of bulk cards by sorting cards into rows of the prices they want to get for each card and having vendors pick through the box. Ogre himself was again working for them this weekend, with a smile on his face and a fat stack of cards on his buy mat. I sold around $400 of cards to Power Nine over the weekend, and was also able to get 15 cents on certain rares that they picked out in my bulk rare box. Their booth always had people selling to them even at the beginning of the rounds, most likely due to the fact that their actual shop was less than a half an hour from the event.

CoolstuffInc

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CoolStuffInc was the next booth over. I sold a little under $700 of cards to their buyers Mark and Jason. They were both very friendly and bought small things like Emblems that most people don’t realize you can buylist. I mainly sold them stuff that I knew they were paying the highest on from looking at their buylist online. They did not deviate from the buylist given to them at the beginning of the GP and did not change buy prices on anything over the weekend.

Chimera:

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Chimera was one of the fresh faces at this GP. It seemed like they brought every single sealed product they had, as well as every single graded card. Their buylist was noticeably lower than any other vendor, and I didn’t sell them anything. However, they also brought damaged and foreign binders that are commonplace for any vendor at a Grand Prix. As a player, you can get a discount on a played or foreign card, and they liquidate stock that has been rotting on their shelves for a while. Because I was one of the first people on site Friday, I got one of the first looks at their binders. I was able to pick up a Heavily Played Alpha Clone for $10, and six 9th Edition Russian Grave Pacts for $4 each. I picked up the Clone for my personal Old School deck, but the grave pacts are going to make great trade fodder for local commander players in my area

.
Channel Fireball Pic

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Channel Fireball had a great buylist sitting next to Chimera. They were offering generous trade amounts in credit for certain cards, something that you could certainly use to your advantage when trading into older format staples. Unlike GP Oklahoma City, they weren’t just offering credit on foils this time around and as a result it seemed to me that their booth was much busier this time. I sold them $200 of casual cards such as Auriok Champions and Field Marshals. The buyers were friendly enough, but it seemed like they had a small amount of high-end inventory compared to Grand Prix in the past.

Aether Games

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Aether has consistently had the highest buy prices on staples at the past three Grand Prixs I have attended, and this time was no different. They had the highest buy prices on fetch lands at the beginning of the GP, hoping to snag as many as possible from people looking to cash out at 100% profit in under a year. They were also the only vendor to stock the popular Hareruya sleeves, and people were happy to pay $12 for 3 packs of them. I sold Aether close to $1500 of popular staples such as fetchlands, shocks, and Modern Masters 2015 staples. They were also paying $50 on the popular Tasipurr playmats . Their buylist Friday for Jace, Vryn Prodigy was $60, which was high enough that I would have sold them all of my copies if I had any remaining. I think they got their fill of Jaces, as their buy price slowly dipped down each day. Ojutai also spiked throughout the tournament from SCG results, and their buylist went from 13 to 15, then 16, then 20 and then finally going as high as 22. They were also selling Knight of the Reliquary for $9 on Friday, and then put them on their buylist for as high as $10 on Saturday. I also bought quite a few staples from them that were priced around TCGLow, such as Beta basics , Stony Silences and Tasigurs. I picked up Russian Khans fetch lands that only commanded a 30% premium compared to their English counterparts which did not reflect current Ebay and TCG prices. I feel that these are a good investment, as there is very little Russian Khans compared to English out there and there are no Russian Onslaught fetchlands.

Savage TCG

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Savage TCG was the other new vendor at this Grand Prix. Their prices were mediocre and were not competitive enough on staples for me to sell them to them. They probably had the lowest traffic of all of the vendors in my opinion, but the people that did sit down with them were selling them hundreds of cards at a time, perhaps taking advantage of certain buylist numbers that I wasn’t aware of.

Pink Bunny Games

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Pink Bunny was also there. Normally, I tend to stay away from them after multiple bad experiences both online and in person. At this GP, they were in the top three average buylist prices out of all the vendors for everything. They seemed quite happy with the amount of people standing in line waiting to sell cards to them. I didn’t sell them anything, but did pick up two copies of Lion’s Eye Diamond for $65 that I had wanted for my personal storm deck.

The Fetch Frenzy

Flooded Strand
Almost every single vendor wanted as many fetches as they could grab their hands on at the GP. Aether started out with the highest buylist on polluted Delta at $20. On Saturday, Pink Bunny started offering $21 on Deltas in order to get copies in. Aether responded by matching their buy price of $21 a couple of hours later. ChannelFireball didn’t pay any higher than $18 all weekend on Deltas, and CoolStuff didn’t deviate from $17. The other vendors offers were lower than this according to the buylists and numbers that I asked each booth about.

Pro Tour Profits

A well known pro set the tables abuzz Friday night. Tomoharo Saito decided to buy out every copy of three cards at the GP from each vendor. He bought out Ojutai’s Command, Hangarback Walker, and Oblivion Sower. Ojutai’s Command had been seeing play in the “Dark Jeskai” Standard deck. The night before Dark Jeskai would run the tables in the SCG Standard Open, Saito had already bought out the entire hall of this card. Hangarback Walker has not dipped too much after its reprint, and he may have bought these to restock his store in Japan. The card that could have the most interesting financial performance is Oblivion Sower. Saito bought out all copies under $7 (over 200 copies), which means that he might have a sweet tech that he is saving for next week’s pro tour. The fact that he was paying higher than TCG Mid at the time raises quite a few eyeballs. I personally traded for the few remaining copies on the floor Saturday morning from people that hadn’t heard the news yet.
Overall, GP Madison was a blast. Vendors are clamoring for fetch lands, and a well-known player might see a financial windfall if his speculating pays off at the Pro Tour. I was able to play Randy Buehler in Old School Magic, which was definitely a cool experience and shows that the format is starting to grab even the most well-known players. While I was able to grab the first two games, Buehler absolutely stomped me the next seven games.
I hope you guys can learn something from my opinions and information from GP Madison.
Feel free to comment below or reach out to me on twitter @LengthyXemit

Bonus Question:
If you had $100 to start your MTGFinance portfolio what would you buy?

“Collection at buylist” – Ogre
“Original Zendikar Lands at a quarter or less” – Ryan Bushard
“Bulk Rares at 10 cents as long as I had an out”- CoolstuffInc Buyer
“Bulk C/U at 3 per K” – Floor Grinder.
“A collection from a local player” – this editor

PROTRADER: Invisible Hand Hard at Work

My name is Sigmund and I’m a capitalist. I believe in the Invisible Hand and all the dictates of supply and demand in the realm of MTG finance. This means I embrace all the positives – and inevitable negatives – of such a system.

I’ve been hearing many disgruntled voices lately berating one body of people or another for their business practices. Wizards of the Coast is executing sets poorly by mismanaging print runs and introducing new “rarities” via Expeditions. Local game stores are unfairly price gouging on new products when they receive less supply than anticipated. Even Hasbro cannot escape the pitchforks, receiving blame for manipulating Wizards and poorly executing an online gaming platform.

Everyone is entitled to their opinion, and I’m not going to sit here and decry that everyone needs to embrace capitalism as I have. But everyone should at least be aware of the underlying drivers that have gotten us into certain pricing situations. And if you take away nothing from this article but one thing, I hope that one thing is simply that there isn’t a single body to blame for certain pricing behaviors. Oh, and you may learn a thing or two about MTG economics along the way.

Ready for another off-the-beaten-path type of finance column? Here we go!

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