Magic Finance Thread

[Thestatusquo]

As we were taught by the league of legends people. It is absolutely thoroughly impossible to discuss different aspects of the same game in a single thread. It is much better to make two threads that clutter the boards instead.

So, use this thread to discuss the various financial aspects of magic. What are you speculating on? What cards do you expect to drop heavily with the rotation? Remember, you cannot discuss these things in the strategy or pro tour thread. That would cause madness. It is much better if every topic has a seperate thread for each individual component of it. It makes everything more organized and doesn't over clutter the board at all.

[Thestatusquo]

I'm planning on speculating pretty hard on thoughtseize. They're going to go down to around 20, probably, but I don't think it will take too long for them to shoot back up after rotation.

Snapcaster is a good pick up right now. It's just below 20$ and will probably be a 50$ card in a few years. If you can find standard players trying to get out of their snapcasters, trade for as many as you can possibly get your hands on.

[Thestatusquo]

Reck, I don't think you're right about Ashiok.

If nothing else, the floor will be way lower. If we look at Vraska, which is good comparison because its a planeswalker that didn't have an immediate home, it started out high and then bottomed out right around 3$, and which point it was a good time to buy in because even if its a planeswalker, its a niche one. Vraska is now about 5-6 after seeing some tournament success (it was played SB of jund as well as is in the mainboard of the GB control deck)

I think if you expect ashiok to follow a trajectory more than that you will be surprised. Just being played a little isn't enough to create that kind of value.

That being said, its probably an EDH card, which means if you intend to do a very long spec you could be rewarded.

[Thestatusquo]

The magic market isn't any more of a losers market than any other form of speculation. Winners and losers are based off of knowledge about what they're speculating on. Most people don't know as much as they thing they do, so they lose money.

Recks post is an example. If anything ashiok is overprices right now. His thoughts about how much he likes it personally are causing him to not see what is obvious to everyone else: That it is fringe playable at best in one deck, so it will not be able to retain a price much about 5$. Historically this is true. Buying in at 10 is going to cause him to lose a lot of money unless he is willing to wait for a long time for scarcity to set in and the EDH crowd to use the card. These are the people who lose money on speculation.

[Thestatusquo]

Everything is going to be overprices right after it comes out. This is a basic tenet of scarcity. There aren't enough copies in circulation to meet current demand. This will all change next week.

[Thestatusquo]

Nhammen, I'd suggest buylisting cards to stores like Channelfireball mtgcardmarket cardkingdom and starcitygames. You will get probably 66% of the value of the card, but its typically better than trying to ebay it and paying all their fees. This is especially good if you want to sell a lot of cards at once, quickly.

A big mistake people make at first is assuming they're going to get retail price for their cards. You are not a retail store. No one is going to pay retail prices for your cards. The best you can hope for is ebay which is typically a little less than retail prices or buylist as I mentioned above. Each has their merits, but as you're probably just a casual seller and don't intend to sell magic cards long term I would suggest seeing what you can get for your stuff on a buylist.

[Thestatusquo]

Also, this is the difference between magic players and people who are should be posting in this thread.

When you see a good spec, you don't buy "a playset or two." you buy fucking 200. That's the only way to make money in this market.

[Thestatusquo]

He is not actually saying anything. He is attempting to be funny, and failing miserably.