Author
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Topic: From the Vault: Legends
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AlmostGrown Member
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posted July 13, 2011 05:27 AM
  
Does anyone on here sell FTV sets at MSRP + shipping?
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Souladvocate Member
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posted July 13, 2011 05:30 AM

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.
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Devonin Member
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posted July 13, 2011 06:27 AM
  
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
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MTDetermine Member
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posted July 13, 2011 06:58 AM

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.
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rats60 Member
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posted July 13, 2011 10:20 AM
  
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.
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Devonin Member
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posted July 13, 2011 11:26 AM
  
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.
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bigbob585 Member
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posted July 13, 2011 03:33 PM

If you only knew what it actually costs shops to buy
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airwalk Member
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posted July 13, 2011 04:59 PM

quote: Originally posted by bigbob585: If you only knew what it actually costs shops to buy
Spit it out then.
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stu55 Member
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posted July 13, 2011 05:57 PM

quote: Originally posted by airwalk: Spit it out then.
not much is the answer
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MTDetermine Member
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posted July 13, 2011 07:14 PM

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
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chapman24 Member
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posted July 13, 2011 08:36 PM
  
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
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caquaa Member
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posted July 13, 2011 10:13 PM
  
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.
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Volcanon Member
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posted July 13, 2011 10:59 PM

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.
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Sovarius Member
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posted July 13, 2011 11:43 PM
  
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 jvcquote: 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?
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psrex Member
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posted July 14, 2011 05:33 AM
  
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.
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CubFan81 Member
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posted July 14, 2011 09:56 AM
  
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.
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Malice327 Member
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posted July 14, 2011 11:13 AM

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.
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Uthaedeol Member
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posted July 14, 2011 12:09 PM

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!
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Devonin Member
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posted July 14, 2011 10:28 PM
  
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.
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MTDetermine Member
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posted July 14, 2011 11:18 PM

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 jvcins'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.
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Nitelite Member
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posted July 15, 2011 12:49 AM

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.
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AlmostGrown Member
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posted July 15, 2011 05:21 AM
  
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)
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Devonin Member
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posted July 15, 2011 06:38 AM
  
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.
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MTDetermine Member
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posted July 15, 2011 06:54 AM

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.
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rats60 Member
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posted July 15, 2011 08:21 AM
  
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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