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Author Topic:   Out of MTG just got big collection what to do?
TRORY1400
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posted July 09, 2013 09:43 AM   Click Here to See the Profile for TRORY1400 Click Here to Email TRORY1400 Send a private message to TRORY1400 Click to send TRORY1400 an Instant Message Edit/Delete Message Reply With Quote 
Hi,
I had a substantial collection until just about a year ago. My previous collection was well into five figures and im not sure if I want to revisit that. I buy and sell lots of different things and ran into a card store that closed a few years ago (about 8th ed). The guy who had the cards said it was commons/uncommons about 80k. I went to look and found several things worthwhile. I bought it and was pleasantly suprised at some of the stuff that was not as good then that was left.

I do not play anymore but used to play vintage/legacy. There are a bunch of legacy staples I could keep but I would have to buy trade for other stuff to make a deck. I could trade some into some power or I could sell and make maybe 2k. Nobody plays either format around me. I dont need the money and could keep decks just in case things change etc.

What do people think of the current prices for duals and power? Are prices at a peak? This might the last shot i have at a collection like this so I want to do the best thing.

Some notables in case you are wondering
12x LED
9X FOW
7X Wasteland
6X IT Karakas
2x IT Nether Void
dozens of STP/Brainstorm/Lotus Petal
Couple thousand Unlimited c/u
lots more..

 
ravidell
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posted July 09, 2013 01:17 PM   Click Here to See the Profile for ravidell Click Here to Email ravidell Send a private message to ravidell Click to send ravidell an Instant Message Edit/Delete Message Reply With Quote View ravidell's Have/Want ListView ravidell's Have/Want List
I do not see prices on the cards listed or there equals dropping in price anytime soon. I do not know hen duals price themselves out of the market. I can't believe that people are paying what they are for them now or a year and a half ago for that matter. Older MTG is more profitable than most peoples 401k. Thats why my old business partner bought me out and then drained his 401k to buy and sell cards.
 
Zeckk
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posted July 09, 2013 04:25 PM   Click Here to See the Profile for Zeckk Click Here to Email Zeckk Send a private message to Zeckk Click to send Zeckk an Instant MessageVisit Zeckk's Homepage  Edit/Delete Message Reply With Quote View Zeckk's Have/Want ListView Zeckk's Have/Want List
I honestly don't know what to think anymore when it comes to original duals and other reserve list staples. There are a dozen indicators that there's a legacy bubble, but actual market value continues to rise. With EDH still super popular, and legacy still around on the SCG tour, I don't see any danger in investing in legacy staples for the near term. It still looks extremely risky for long-term, though. Legacy is literally pricing itself out of being a supportable format.
 
Devonin
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posted July 09, 2013 06:42 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
If you're actually treating Magic Cards as a legitimate form of financial investment, like they are an actual asset with value that isn't purely by fiat and subject at any moment to utter and complete collapse, you should get better financial advice.

I mean...holding onto your old dual lands because their value is going up is fine, but if you're including Magic Cards alongside stocks and bonds as your investment portfolio, I'd also be happy to sell you some bridges and property on the coast.

 
ijuanda
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posted July 09, 2013 07:12 PM   Click Here to See the Profile for ijuanda Click Here to Email ijuanda Send a private message to ijuanda Click to send ijuanda an Instant Message Edit/Delete Message Reply With Quote View ijuanda's Have/Want ListView ijuanda's Have/Want List
quote:
Originally posted by Devonin:
If you're actually treating Magic Cards as a legitimate form of financial investment, like they are an actual asset with value that isn't purely by fiat and subject at any moment to utter and complete collapse, you should get better financial advice.

I mean...holding onto your old dual lands because their value is going up is fine, but if you're including Magic Cards alongside stocks and bonds as your investment portfolio, I'd also be happy to sell you some bridges and property on the coast.


i agree with devonin. is there true stability in the value? and if so for what length of time? magic has been around for 20 years. who is to say it will make another 20? what happens when MTG ceases to exist?

short term investment sounds fine but long term id be investing elsewhere.

just my .02

[Edited 1 times, lastly by ijuanda on July 09, 2013]

 
NorCalMtg
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posted July 10, 2013 09:02 AM   Click Here to See the Profile for NorCalMtg Click Here to Email NorCalMtg Send a private message to NorCalMtg Click to send NorCalMtg an Instant MessageVisit NorCalMtg's Homepage  Edit/Delete Message Reply With Quote 
Why not diversify??

Just because you have X$ doesn't mean all of it has to be used on MTG. My ideal portfolio would have 20k+ investments in it, with Magic making up maybe 5-8% of that.

Seems fine and I am an idiot.

 
rats60
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posted July 10, 2013 12:27 PM   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:
If you're actually treating Magic Cards as a legitimate form of financial investment, like they are an actual asset with value that isn't purely by fiat and subject at any moment to utter and complete collapse, you should get better financial advice.

I mean...holding onto your old dual lands because their value is going up is fine, but if you're including Magic Cards alongside stocks and bonds as your investment portfolio, I'd also be happy to sell you some bridges and property on the coast.


Just because your investments do poorly, don't criticize other people who may make better investments.

For example in 1995 the Dow Jones Average was ~4000. Today it's ~15,265, that's less than 4x your money in 18 years.

In 1995, a box of Revised Boosters cost 44.10. Today I can sell them for 1300.00 to dealers, maybe more if I put effort into it. That is more than 29x your money in 18 years.

It sounds to me like you have bought too many bridges and too much swamp land.

 
oneofchaos
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posted July 10, 2013 12:49 PM   Click Here to See the Profile for oneofchaos Click Here to Email oneofchaos Send a private message to oneofchaos Click to send oneofchaos an Instant Message Edit/Delete Message Reply With Quote 
quote:
Originally posted by rats60:
Just because your investments do poorly, don't criticize other people who may make better investments.

For example in 1995 the Dow Jones Average was ~4000. Today it's ~15,265, that's less than 4x your money in 18 years.

In 1995, a box of Revised Boosters cost 44.10. Today I can sell them for 1300.00 to dealers, maybe more if I put effort into it. That is more than 29x your money in 18 years.

It sounds to me like you have bought too many bridges and too much swamp land.


Agreed. Just like sinking all of a 401K into company stock is a foolish idea. Odds are good MTG will be here tomorrow, but why risk 100% of your future on it?

 
Volcanon
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posted July 10, 2013 12:54 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 rats60:
Just because your investments do poorly, don't criticize other people who may make better investments.

For example in 1995 the Dow Jones Average was ~4000. Today it's ~15,265, that's less than 4x your money in 18 years.

In 1995, a box of Revised Boosters cost 44.10. Today I can sell them for 1300.00 to dealers, maybe more if I put effort into it. That is more than 29x your money in 18 years.

It sounds to me like you have bought too many bridges and too much swamp land.


Yeah, but how many revised boxes are you necessarily going to have? A one-time cap gain of 1300 isn't going to go that far. For a student I made buckets of money off Portal 3, but it's unlikely you'll get that kind of payoff all the time or ever again.

Also, I can go and buy as many stocks as I want right now. You can't exactly go around buying cases of Revised. And at the time there was no guarantee magic was going to remain popular. Dozens of card games have failed and their product is completely worthless now.

Legacy will eventually die, like Vintage did, for any number of reasons. After that, the only driver for revised duals will be EDH.

I've met people who hoarded jester's cap and junk from Ice Age. They were pretty bummed when their "at least $20" caps were now junk rares.

 
rats60
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posted July 10, 2013 01:51 PM   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 Volcanon:
Yeah, but how many revised boxes are you necessarily going to have? A one-time cap gain of 1300 isn't going to go that far. For a student I made buckets of money off Portal 3, but it's unlikely you'll get that kind of payoff all the time or ever again.

Also, I can go and buy as many stocks as I want right now. You can't exactly go around buying cases of Revised. And at the time there was no guarantee magic was going to remain popular. Dozens of card games have failed and their product is completely worthless now.

Legacy will eventually die, like Vintage did, for any number of reasons. After that, the only driver for revised duals will be EDH.

I've met people who hoarded jester's cap and junk from Ice Age. They were pretty bummed when their "at least $20" caps were now junk rares.


Obviously if you are Warren Buffet, you aren't going to use MTG to become a billionaire, but for the average person it could produce a good return. You can't buy Revised, but you can buy a ton of RTR. Last year, you could have bought a ton of Innistrad at ~50% of what it is worth this year. The difference between stocks and MTG boxes is that stocks go down, the last MTG box that went below cost was in 2006.

 
Devonin
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posted July 10, 2013 02:40 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
And then tomorrow some Japanese tech company comes out with high fidelity full-immersion VR, and the entire entertainment paradigm of the world changes overnight. Now you own a pile of cardboard.
 
ogre
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posted July 10, 2013 04:35 PM   Click Here to See the Profile for ogre Click Here to Email ogre Send a private message to ogre Click to send ogre an Instant Message Edit/Delete Message Reply With Quote View ogre's Have/Want ListView ogre's Have/Want List
On the topic of long term value, what do you think of older cards, not necessarily playable cards either, I'm talking Alpha's?

Where do you see the value of a NM set of Alpha in 20 years? Two answers would be appreciated, one if Magic is still being printed or if not as variables for values.

Also, would older sealed product still carry a premium?

.02,
Jesse

__________________
"call the hospital now"
"I'm gonna kill you"
inspiring words from Mino Fazio

 
Bagbokk
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posted July 10, 2013 04:38 PM   Click Here to See the Profile for Bagbokk Click Here to Email Bagbokk Send a private message to Bagbokk Click to send Bagbokk an Instant MessageVisit Bagbokk's Homepage  Edit/Delete Message Reply With Quote View Bagbokk's Trade Auction or SaleView Bagbokk's Trade Auction or Sale
If investments are bad simply by virtue of the presence of risk then there wouldn't be anything good to invest in. Ever.

[Edited 1 times, lastly by Bagbokk on July 10, 2013]
 
choco man
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posted July 10, 2013 04:44 PM   Click Here to See the Profile for choco man Click Here to Email choco man Send a private message to choco man Click to send choco man an Instant Message Edit/Delete Message Reply With Quote View choco man's Have/Want ListView choco man's Have/Want List
quote:
Originally posted by rats60:
In 1995, a box of Revised Boosters cost 44.10. Today I can sell them for 1300.00 to dealers, maybe more if I put effort into it. That is more than 29x your money in 18 years.

quote:
Originally posted by rats60:
The difference between stocks and MTG boxes is that stocks go down,

uhh...I think you're leaving out a whole lot.

There is absolutely no point in comparing MTG to Dow Jones.
If you're going to compare MTG to equities, you might as well just use specific stocks. Apple stock was ~$10 back in 1994. You can buy in today, but are you ever going to get the same level of return?

In the long-long term, the Dow Jones goes up over time (and in a much greater level of certainty than MTG).

I'm not going to bad-mouth MTG as investment, because MTG has been a good investment and many people/players have just been very fortunate to have bought-in at the right time and MTG is a very good game. But you just can't compare it to equities.

[Edited 2 times, lastly by choco man on July 10, 2013]

 
Lord Crovax
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posted July 10, 2013 06:03 PM   Click Here to See the Profile for Lord Crovax Click Here to Email Lord Crovax Send a private message to Lord Crovax Click to send Lord Crovax an Instant Message Edit/Delete Message Reply With Quote 
quote:
Originally posted by Devonin:
And then tomorrow some Japanese tech company comes out with high fidelity full-immersion VR, and the entire entertainment paradigm of the world changes overnight. Now you own a pile of cardboard.

Same can happen to literally everything, hell money as we know it could become literally worthless overnight.

Doesn't mean you shouldn't act on what you know now.

__________________
I shall have the souls of all who defy me. "Lord Crovax"

 
TRORY1400
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posted July 10, 2013 06:51 PM   Click Here to See the Profile for TRORY1400 Click Here to Email TRORY1400 Send a private message to TRORY1400 Click to send TRORY1400 an Instant Message Edit/Delete Message Reply With Quote 
Thanks for the replies. I am not sure if some of the answers were directed at me or not but if I do not sell I am not "investing". I am just keeping the cards in case I ever get the bug again. I was asking about prices so that I can gauge what my "buy in" would look like two years from now if I decided to jump back in. I honestly cant see paying 500 for a set of seas. Power seems like a good deal in relation to some of the Legacy prices.

I am leaning towards selling because if I kept and traded I would want to get my power back , and workshops, and bazaars and. goyfs, etc etc..15k later.

Off topic a bit buy prices at Card Kingdom and ABU seem good and ive dealt with both a lot in the past. Any other suggestions? I sell on Ebay but after fees etc its pretty close to buy list. I know everyone will say sell on here but theres a lot more risk and I only have a few refs.

 
choco man
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posted July 10, 2013 08:25 PM   Click Here to See the Profile for choco man Click Here to Email choco man Send a private message to choco man Click to send choco man an Instant Message Edit/Delete Message Reply With Quote View choco man's Have/Want ListView choco man's Have/Want List
quote:
Originally posted by TRORY1400:
Thanks for the replies. I am not sure if some of the answers were directed at me or not but if I do not sell I am not "investing". I am just keeping the cards in case I ever get the bug again. I was asking about prices so that I can gauge what my "buy in" would look like two years from now if I decided to jump back in. I honestly cant see paying 500 for a set of seas. Power seems like a good deal in relation to some of the Legacy prices.

I am leaning towards selling because if I kept and traded I would want to get my power back , and workshops, and bazaars and. goyfs, etc etc..15k later.

Off topic a bit buy prices at Card Kingdom and ABU seem good and ive dealt with both a lot in the past. Any other suggestions? I sell on Ebay but after fees etc its pretty close to buy list. I know everyone will say sell on here but theres a lot more risk and I only have a few refs.


ABUgames has been my go-to place to sell stuff when I want to sell cards that are hard to sell/trade (eg every once in awhile I will have a bunch of cards likes Deathless Angel laying around and I want some quick money to buy other MTG stuff). They are honest and the turn-around is quick. I used to send stuff to them untracked back before USPS raised their rates (now it's cheaper to just send tracked via paypal). But I really wouldn't sell easy to sell stuff to them.

If you ever get the bug again, you should be able to buy back in. It isn't like it's 2005. If you sold-out back then, now that would sting.

 
nylarotep
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posted July 11, 2013 05:54 AM   Click Here to See the Profile for nylarotep Click Here to Email nylarotep Send a private message to nylarotep Click to send nylarotep an Instant MessageVisit nylarotep's Homepage  Edit/Delete Message Reply With Quote View nylarotep's Have/Want ListView nylarotep's Have/Want List
quote:
Originally posted by TRORY1400:
Thanks for the replies. I am not sure if some of the answers were directed at me or not but if I do not sell I am not "investing". I am just keeping the cards in case I ever get the bug again. I was asking about prices so that I can gauge what my "buy in" would look like two years from now if I decided to jump back in. I honestly cant see paying 500 for a set of seas. Power seems like a good deal in relation to some of the Legacy prices.

I am leaning towards selling because if I kept and traded I would want to get my power back , and workshops, and bazaars and. goyfs, etc etc..15k later.

Off topic a bit buy prices at Card Kingdom and ABU seem good and ive dealt with both a lot in the past. Any other suggestions? I sell on Ebay but after fees etc its pretty close to buy list. I know everyone will say sell on here but theres a lot more risk and I only have a few refs.


AdventuresON is another good one. I've used Cape Fear Games in the past as well (their turnaround in you getting paid is the best), but last I checked their buy prices weren't as high.

 
Tha Gunslinga
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posted July 11, 2013 03:23 PM   Click Here to See the Profile for Tha Gunslinga Click Here to Email Tha Gunslinga Send a private message to Tha Gunslinga Click to send Tha Gunslinga an Instant Message Edit/Delete Message Reply With Quote View Tha Gunslinga's Trade Auction or SaleView Tha Gunslinga's Trade Auction or Sale
If you want to sell off that sort of stuff, I would dump the big cards on MOTL or Ebay. If you sell to online dealers, you'll get hosed on condition. If a card is Ebaying at $60, you'll get over $50 after fees, and on MOTL you could sell at $50-55 fairly easily, most likely. If a dealer is offering $60 on it, they might take off 25% for condition and leave you with $45.

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