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Author Topic:   From the Vault: Legends
AlmostGrown
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posted July 13, 2011 05:27 AM   Click Here to See the Profile for AlmostGrown Click Here to Email AlmostGrown Send a private message to AlmostGrown Click to send AlmostGrown an Instant MessageVisit AlmostGrown's Homepage  Edit/Delete Message Reply With Quote View AlmostGrown's Have/Want ListView AlmostGrown's Have/Want List
Does anyone on here sell FTV sets at MSRP + shipping?
 
Souladvocate
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posted July 13, 2011 05:30 AM   Click Here to See the Profile for Souladvocate Click Here to Email Souladvocate Send a private message to Souladvocate Click to send Souladvocate an Instant Message Edit/Delete Message Reply With Quote 
From what I've seen, no one here sells any of the FTV sets at the MSRP. I've seen them sell them for double or triple the price though.
 
Devonin
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posted July 13, 2011 06:27 AM   Click Here to See the Profile for Devonin Click Here to Email Devonin Send a private message to Devonin Click to send Devonin an Instant Message Edit/Delete Message Reply With Quote View Devonin's Have/Want ListView Devonin's Have/Want List
Not that the majority of Actual Stores sell them at MSRP either. It's probably the most infuriating thing shops do, selling a Primary Market item at way over MSRP because they're anticipating its performance in the secondary market.

Almost but not quite as infuriating as the shops that will sell their entire limited stock to one guy so -he- can sell them on eBay

 
MTDetermine
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posted July 13, 2011 06:58 AM   Click Here to See the Profile for MTDetermine Click Here to Email MTDetermine Send a private message to MTDetermine Click to send MTDetermine an Instant Message Edit/Delete Message Reply With Quote 
FTV sells at ebay prices on MOTL. If you are lucky, you can find a seller who sells to you at "ebay prices minus ebay/paypal fees".

If not, its pure ebay mid-range price.

 
rats60
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posted July 13, 2011 10:20 AM   Click Here to See the Profile for rats60 Click Here to Email rats60 Send a private message to rats60 Click to send rats60 an Instant Message Edit/Delete Message Reply With Quote View rats60's Have/Want ListView rats60's Have/Want List
quote:
Originally posted by Devonin:
Not that the majority of Actual Stores sell them at MSRP either. It's probably the most infuriating thing shops do, selling a Primary Market item at way over MSRP because they're anticipating its performance in the secondary market.

Almost but not quite as infuriating as the shops that will sell their entire limited stock to one guy so -he- can sell them on eBay


Do you buy boxes of every set at MSRP or do you expect to pay less? Most people want to pay less than MSRP when they can, but when it goes the other way, some how the store is the problem. Magic is a collectible card game and the market determines prices. This is good for the players and bad for stores. I bet if you told the store you would buy a box of every set at MSRP, he would be happy to sell you a FTV set at MSRP as well as one of any of the other special releases that you wanted.

 
Devonin
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posted July 13, 2011 11:26 AM   Click Here to See the Profile for Devonin Click Here to Email Devonin Send a private message to Devonin Click to send Devonin an Instant Message Edit/Delete Message Reply With Quote View Devonin's Have/Want ListView Devonin's Have/Want List
Store markup comes in the form of supply for the secondary market. If they're taking in cards for credit at 40-60% or cash at 30-50%, they're making 50% on singles. They're making the standard markup on everything they sell at MSRP (Since that's accounting for what the supplier feels is a reasonable markup)

But marking something up on day one, by 100-250% of MSRP bothers me. I'm sorry that the market supports them charging so much because one guy is willing to drop the cash to eBay all the singles for an even bigger markup.

I'm not -blind- to the reality, I just don't -like- it. There's a difference.

 
bigbob585
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posted July 13, 2011 03:33 PM   Click Here to See the Profile for bigbob585 Click Here to Email bigbob585 Send a private message to bigbob585 Click to send bigbob585 an Instant MessageVisit bigbob585's Homepage  Edit/Delete Message Reply With Quote 
If you only knew what it actually costs shops to buy
 
airwalk
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posted July 13, 2011 04:59 PM   Click Here to See the Profile for airwalk Send a private message to airwalk Click to send airwalk an Instant Message Edit/Delete Message Reply With Quote 
quote:
Originally posted by bigbob585:
If you only knew what it actually costs shops to buy

Spit it out then.

 
stu55
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posted July 13, 2011 05:57 PM   Click Here to See the Profile for stu55 Click Here to Email stu55 Send a private message to stu55 Click to send stu55 an Instant Message Edit/Delete Message Reply With Quote 
quote:
Originally posted by airwalk:
Spit it out then.

not much is the answer

 
MTDetermine
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posted July 13, 2011 07:14 PM   Click Here to See the Profile for MTDetermine Click Here to Email MTDetermine Send a private message to MTDetermine Click to send MTDetermine an Instant Message Edit/Delete Message Reply With Quote 
quote:
Originally posted by rats60:
Do you buy boxes of every set at MSRP or do you expect to pay less? Most people want to pay less than MSRP when they can, but when it goes the other way, some how the store is the problem. Magic is a collectible card game and the market determines prices. This is good for the players and bad for stores. I bet if you told the store you would buy a box of every set at MSRP, he would be happy to sell you a FTV set at MSRP as well as one of any of the other special releases that you wanted.

This makes sense. My local shop told me that they have to buy minimum quantity for all "special releases". This includes stuff which did not sell well, such as Premium Slivers and Phyrexia Coalition.

On the other hand, it seems that in the last 2 years, WOTC has been printing much more winners than losers where special releases are concerned.

So yes, I will repeat it again. WOTC is reprinting valuable stuff, robbing owners of existing cards of value, and lining their pockets in the process.

Winners (all these were sold locally at premium to MSRP, premium ranging from 10% to 250%):
FTV Dragon
FTV Exile
FTV Relic
EvT
Fire and Lightning
Jap Jace vs Chandra
Commander Deck 1
Commander Deck 2
Commander Deck 3
Commander Deck 4
Commander Deck 5


Losers:
Phyrexia Coalition
Premium Slivers


Upcoming Releases that are likely to be winner:
FTV Legends
Premium Graveborn

 
chapman24
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posted July 13, 2011 08:36 PM   Click Here to See the Profile for chapman24 Click Here to Email chapman24 Send a private message to chapman24 Click to send chapman24 an Instant MessageVisit chapman24's Homepage  Edit/Delete Message Reply With Quote View chapman24's Have/Want ListView chapman24's Have/Want List
commander decks were only winners if you were greedy and needed them all ASAP, they are found in most wal-marts and Targets now at MSRP and since wizards said they would keep printing them to meet demand the prices of singles will keep falling
 
caquaa
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posted July 13, 2011 10:13 PM   Click Here to See the Profile for caquaa Click Here to Email caquaa Send a private message to caquaa Click to send caquaa an Instant Message Edit/Delete Message Reply With Quote View caquaa's Trade Auction or SaleView caquaa's Trade Auction or Sale
quote:
Originally posted by bigbob585:
If you only knew what it actually costs shops to buy

its not like its some huge secret. Depending on the product shops have a built in profit margin of ~40-50% typically. Some stuff like zendikar distributors jacked up the price for a while and such. It happens. It just sucks when you know someone along the line isn't passing down an increased cost, they're just pocketing a large amount of money.

 
Volcanon
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posted July 13, 2011 10:59 PM   Click Here to See the Profile for Volcanon Click Here to Email Volcanon Send a private message to Volcanon Click to send Volcanon an Instant Message Edit/Delete Message Reply With Quote 
quote:
Originally posted by caquaa:
its not like its some huge secret. Depending on the product shops have a built in profit margin of ~40-50% typically. Some stuff like zendikar distributors jacked up the price for a while and such. It happens. It just sucks when you know someone along the line isn't passing down an increased cost, they're just pocketing a large amount of money.

Standard markup is 100%, so I'd say the stores probably pay about $15 for FTVs as long as the distributor isn't pulling hijinks.

 
Sovarius
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posted July 13, 2011 11:43 PM   Click Here to See the Profile for Sovarius Click Here to Email Sovarius Send a private message to Sovarius Click to send Sovarius an Instant Message Edit/Delete Message Reply With Quote View Sovarius's Trade Auction or SaleView Sovarius's Trade Auction or Sale
MTDetermine, Divene vs Demonci and Elves vs Goblins both shot out of msrp range right?
Personally i have never seen any F/l or Jap JvC dekcs go for more than 5 dollars above msrp, and actually quite often at msrp. Though i would believe that about jap jvc

quote:
Originally posted by Volcanon:
Standard markup is 100%, so I'd say the stores probably pay about $15 for FTVs as long as the distributor isn't pulling hijinks.

ins't this saying that FTV sets are msrp at $30?

 
psrex
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posted July 14, 2011 05:33 AM   Click Here to See the Profile for psrex Click Here to Email psrex Send a private message to psrex Click to send psrex an Instant Message Edit/Delete Message Reply With Quote View psrex's Have/Want ListView psrex's Have/Want List
It's not like game stores are making huge amounts of money. I'm happy for them to get a small bonus every once in a while if it helps keep them in business.
 
CubFan81
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posted July 14, 2011 09:56 AM   Click Here to See the Profile for CubFan81 Click Here to Email CubFan81 Send a private message to CubFan81 Click to send CubFan81 an Instant Message Edit/Delete Message Reply With Quote View CubFan81's Have/Want ListView CubFan81's Have/Want List
quote:
Originally posted by Sovarius:
ins't this saying that FTV sets are msrp at $30?

Close enough. I think they were $34.99 on the MSRP. All it means is that selling them at MSRP makes them about $17.50. Any markup above that goes into their pocket instead of the customer who resells it on eBay.

To note, the MSRP of a booster box is around $143. Going backwards again we can figure it costs about $70 something per box for the retailer to buy.

 
Malice327
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posted July 14, 2011 11:13 AM   Click Here to See the Profile for Malice327 Click Here to Email Malice327 Send a private message to Malice327 Click to send Malice327 an Instant Message Edit/Delete Message Reply With Quote 
The issue isn't the stores, it's the idiots that are willing to pay the stupid prices for the singles. If my store sold them at MSRP, I guarantee they would sell immediately, and players who bought them would resell the singles, or trade them at market value...

"dude i just bought a $35 FTV LEgends, and have $XXX dollars of trading power out of it..."

One thing i try to do to offset that is usually have a couple set aside for tournament prizes at MSRP value (so they count towards the prize pool at their suggested value, not market value). That way the guy that benefits from it is the guy that deserves to. We are doing the same with the 1 box of worldwake promo thing.

 
Uthaedeol
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posted July 14, 2011 12:09 PM   Click Here to See the Profile for Uthaedeol Click Here to Email Uthaedeol Send a private message to Uthaedeol Click to send Uthaedeol an Instant Message Edit/Delete Message Reply With Quote 
quote:
Originally posted by stu55:
not much is the answer

False. Only stores participating in WPN get to buy FTV sets, and only a few. Think of it along the lines of the Player Reward Program: If you play in tournaments, you get some bonus cards; if you organise tournaments, you get to buy some hot bonus product. It's a rewards for stores that make the effort of actively promoting Magic. Running a MtG store isn't just fun an games, it's not easy to do well in this business.

__________________
Swamps suck. Mountains rock!

 
Devonin
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posted July 14, 2011 10:28 PM   Click Here to See the Profile for Devonin Click Here to Email Devonin Send a private message to Devonin Click to send Devonin an Instant Message Edit/Delete Message Reply With Quote View Devonin's Have/Want ListView Devonin's Have/Want List
Fair enough, it's not easy to do well in the business. The solution being "Let's take an industry standard markup, and triple it" as a way to do well just bothers me.
 
MTDetermine
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posted July 14, 2011 11:18 PM   Click Here to See the Profile for MTDetermine Click Here to Email MTDetermine Send a private message to MTDetermine Click to send MTDetermine an Instant Message Edit/Delete Message Reply With Quote 
quote:
Originally posted by Sovarius:
MTDetermine, Divene vs Demonci and Elves vs Goblins both shot out of msrp range right?
Personally i have never seen any F/l or Jap JvC dekcs go for more than 5 dollars above msrp, and actually quite often at msrp. Though i would believe that about jap jvc

ins't this saying that FTV sets are msrp at $30?


In USA, with its expanded distribution network, MTG special products are mostly selling at MSRP, save for maybe FTV.

Where I live, 5 Commander decks were above MSRP. Jap Jace/Chandra were above MSRP. EvT was at MSRP but after it sold out quickly, the 2nd batch that arrived 1 week later was again above MSRP.

Most of my casual friends prefer "world champion decks" to the current special releases. Hasbro is a pure profit body so of course it will not hesitate to boost its profits by indirectly robbing existing card owners by coming up with special release that dilute value of existing cards via expanded print-run/pool of cards.

 
Nitelite
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posted July 15, 2011 12:49 AM   Click Here to See the Profile for Nitelite Click Here to Email Nitelite Send a private message to Nitelite Click to send Nitelite an Instant Message Edit/Delete Message Reply With Quote 
quote:

Hasbro is a pure profit body so of course it will not hesitate to boost its profits by indirectly robbing existing card owners by coming up with special release that dilute value of existing cards via expanded print-run/pool of cards.

I am not sure how much Hasbro has a hand in things. From all accounts, WoTC is run with very little oversight. I think it is more likely that WoTC has certain financial numbers they need/want to hit each quarter and reprinting cards and packaging them in these decks is the easiest way to do it.

Unfortunately, I think a majority of players now are not collectors and if they can get a card cheaper than they could a week ago, that is a good thing regardless of what was done to make it so.

I know I am in the minority here but I wish they would expand on the reprint policy and continually add cards to it. It's getting harder and harder gambling on this game and having no idea what is going to get reprinted. As a result, I am spending less and less on newer product because I know I'll be able to get it later in one form or another.

 
AlmostGrown
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posted July 15, 2011 05:21 AM   Click Here to See the Profile for AlmostGrown Click Here to Email AlmostGrown Send a private message to AlmostGrown Click to send AlmostGrown an Instant MessageVisit AlmostGrown's Homepage  Edit/Delete Message Reply With Quote View AlmostGrown's Have/Want ListView AlmostGrown's Have/Want List
quote:
Originally posted by Nitelite:

I know I am in the minority here but I wish they would expand on the reprint policy and continually add cards to it. It's getting harder and harder gambling on this game and having no idea what is going to get reprinted. As a result, I am spending less and less on newer product because I know I'll be able to get it later in one form or another.

Especially with all of those Core Set reprints

This is a card game you should be playing for fun, not buying and selling like it's the stock market...

(Not that there's anything wrong with it, just that unless you're 100% dedicated to it, you won't profit)

 
Devonin
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posted July 15, 2011 06:38 AM   Click Here to See the Profile for Devonin Click Here to Email Devonin Send a private message to Devonin Click to send Devonin an Instant Message Edit/Delete Message Reply With Quote View Devonin's Have/Want ListView Devonin's Have/Want List
So they reprint a card you just bought, figuring it would continue to increase in value, the value drops, you are upset about it, you wish they'd add more cards to the reserve list.

And what if you just -sold- a bunch of cards, figuring they were about to be reprinted, and instead they were added to the reserve list and suddenly the value jumps? I suspect you'd be upset about it, and wish they'd stop adding cards to the reserve list.

 
MTDetermine
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posted July 15, 2011 06:54 AM   Click Here to See the Profile for MTDetermine Click Here to Email MTDetermine Send a private message to MTDetermine Click to send MTDetermine an Instant Message Edit/Delete Message Reply With Quote 
quote:
Originally posted by Devonin:
So they reprint a card you just bought, figuring it would continue to increase in value, the value drops, you are upset about it, you wish they'd add more cards to the reserve list.

And what if you just -sold- a bunch of cards, figuring they were about to be reprinted, and instead they were added to the reserve list and suddenly the value jumps? I suspect you'd be upset about it, and wish they'd stop adding cards to the reserve list.


Well, no new thing have been added to the Reserve List for a long long time. So your 2nd scenario is really a 99.999999999999999% useless, not-meaningful scenario.

On the other hand, a number of cards have been reprinted in "special edition" and it is likely this trend will continue.

 
rats60
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posted July 15, 2011 08:21 AM   Click Here to See the Profile for rats60 Click Here to Email rats60 Send a private message to rats60 Click to send rats60 an Instant Message Edit/Delete Message Reply With Quote View rats60's Have/Want ListView rats60's Have/Want List
quote:
Originally posted by Devonin:
Fair enough, it's not easy to do well in the business. The solution being "Let's take an industry standard markup, and triple it" as a way to do well just bothers me.

The problem is that people like you don't understand how collectibles work. The retailer doesn't just triple the SRP, he charges a fair market value. You probably expect coin dealers to sell the new silver dollars at the same price they sold for 10 years ago too.

 

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