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Author Topic:   Holy Balls Magic Prices!!!
Lemonjuice
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posted June 13, 2014 06:52 AM   Click Here to See the Profile for Lemonjuice Click Here to Email Lemonjuice Send a private message to Lemonjuice Click to send Lemonjuice an Instant Message Edit/Delete Message Reply With Quote View Lemonjuice's Have/Want ListView Lemonjuice's Have/Want List
I'm not posting to brag, but seriously...if any of you guys are sitting on good condition lotus, at like EX+ or better, mine just sold for $2850.

There's like a worldwide shortage at the moment or something lol.

 
oldschool
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posted June 13, 2014 07:52 AM   Click Here to See the Profile for oldschool Click Here to Email oldschool Send a private message to oldschool Click to send oldschool an Instant Message Edit/Delete Message Reply With Quote 
not surprised. SCG jacked their Lotus prices a while back. 3500 for unlimited and nobody is selling to them. They had a graded beta lotus a couple weeks ago for $9000 and it sold in about a day. Prices are going to keep going up if nobody is selling. Those cards weren't exactly mass produced. What you got for yours seems reasonable considering the demand and lack of supply. All power is slowly going up. Even though gaming demand is low, the collectability demand alone is enough to drive up priced given the low supply. I was looking at SCG's BGS 8 beta ancestral which just sold for $2000 because I have one sitting around. Yes prices are high but a lot of people buying at these prices or those that have the cards just don't need the money bad enough to sell. I have a couple Lotus and I have no motivation to sell them at current prices. Even if I had $3000 what am I going to do with that money unless I needed to spend it right away? Put it in an overinflated stock market? Keep it in the bank and watch it evaporate with inflation? No thanks. I'll just keep the Lotus. These cards have no hit a different type of territory from being simple everyday magic cards, to being true collectibles.
 
LandDestroyer
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posted June 13, 2014 08:06 AM   Click Here to See the Profile for LandDestroyer Click Here to Email LandDestroyer Send a private message to LandDestroyer Click to send LandDestroyer an Instant Message Edit/Delete Message Reply With Quote View LandDestroyer's Have/Want ListView LandDestroyer's Have/Want List
A lot of people are speculating on vintage cards because of Vintage Masters.

They saw how modern staples doubled after Modern Masters and are hoping for the same to happen with Vintage.

This is driving people to buy up vintage cards speculating.

 
oldschool
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posted June 13, 2014 08:16 AM   Click Here to See the Profile for oldschool Click Here to Email oldschool Send a private message to oldschool Click to send oldschool an Instant Message Edit/Delete Message Reply With Quote 
while buying a $9000 lotus is certainly speculating in some form or another, nobody is dropping 9000 on a lotus because of vintage masters. It's gone beyond that. This isn't like little kids buying up $10-$20 cards hoping they'll go up in value due to the online game.
 
Lemonjuice
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posted June 13, 2014 08:48 AM   Click Here to See the Profile for Lemonjuice Click Here to Email Lemonjuice Send a private message to Lemonjuice Click to send Lemonjuice an Instant Message Edit/Delete Message Reply With Quote View Lemonjuice's Have/Want ListView Lemonjuice's Have/Want List
quote:
Originally posted by oldschool:
not surprised. SCG jacked their Lotus prices a while back. 3500 for unlimited and nobody is selling to them. They had a graded beta lotus a couple weeks ago for $9000 and it sold in about a day. Prices are going to keep going up if nobody is selling. Those cards weren't exactly mass produced. What you got for yours seems reasonable considering the demand and lack of supply. All power is slowly going up. Even though gaming demand is low, the collectability demand alone is enough to drive up priced given the low supply. I was looking at SCG's BGS 8 beta ancestral which just sold for $2000 because I have one sitting around. Yes prices are high but a lot of people buying at these prices or those that have the cards just don't need the money bad enough to sell. I have a couple Lotus and I have no motivation to sell them at current prices. Even if I had $3000 what am I going to do with that money unless I needed to spend it right away? Put it in an overinflated stock market? Keep it in the bank and watch it evaporate with inflation? No thanks. I'll just keep the Lotus. These cards have no hit a different type of territory from being simple everyday magic cards, to being true collectibles.

I'm assuming you meant they HAVE hit a different level of collectible status? Because, everyday magic cards don't usually command 3 grand.

And honestly, I think I could've gotten more...it sold in less than 24 hours and I was surprised.

 
coasterdude84
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posted June 13, 2014 09:56 AM   Click Here to See the Profile for coasterdude84 Click Here to Email coasterdude84 Send a private message to coasterdude84 Click to send coasterdude84 an Instant Message Edit/Delete Message Reply With Quote 
Cards like Lotus have transcended the game and entered the "we're expensive because of collectors alone" phase. Wizards could literally print a common in M15 called "Bigger, Blacker Lotus" that nets you 4 and those 5-digit Alpha Loti wouldn't even blink.

If you think these prices are high, shop around some high-end baseball cards. These are nothing.

 
GenghisTom
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posted June 13, 2014 10:06 AM   Click Here to See the Profile for GenghisTom Click Here to Email GenghisTom Send a private message to GenghisTom Click to send GenghisTom an Instant Message Edit/Delete Message Reply With Quote 
It's because players who were children/teens in the 90s when Magic was young have big jobs now and some extra liquidity. They're getting back into the game and purchasing nostalgic old pieces.

That, and, the profit margin for second market dealers has gradually increased to the point where it's giving large scale dealers the buying power to pick up these old pieces because they know the supply on them is very limited.

 
daner
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posted June 13, 2014 01:02 PM   Click Here to See the Profile for daner Click Here to Email daner Send a private message to daner Click to send daner an Instant Message Edit/Delete Message Reply With Quote 
quote:
Originally posted by coasterdude84:
Cards like Lotus have transcended the game and entered the "we're expensive because of collectors alone" phase. Wizards could literally print a common in M15 called "Bigger, Blacker Lotus" that nets you 4 and those 5-digit Alpha Loti wouldn't even blink.

If you think these prices are high, shop around some high-end baseball cards. These are nothing.



It's funny you mention sports cards....my Uncle use to think I was nuts spending my money on MTG cards when I was young, and not spending it primarily on sports cards(I collected both).

When I purchased a Beta Vesuvan Doppleganger for $25 instead of buying an entire box of Parkhurst NHL cards at a card show he thought I was crazy.....

Who knew that even in an era of Barry Bonds, Alex Rodriguez, Wayne Gretzky, Mario Lemieux, Michael Jordan, and Bo Jackson that a Magic Card would be worth a HELL of a lot more than these guys rookie cards...

TBH, I never in my wildest dreams would have thought that either.

I still wouldn't trade my Dan Marino Rookie Card for anything tho.....

 
coasterdude84
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posted June 13, 2014 02:30 PM   Click Here to See the Profile for coasterdude84 Click Here to Email coasterdude84 Send a private message to coasterdude84 Click to send coasterdude84 an Instant Message Edit/Delete Message Reply With Quote 
Yeah, don't get me wrong, daner, there's little of value in sports cards post-1977ish. There's a few things like you mentioned, but there is a TON of garbage. You were way better off buying Magic for sure. I was trying to add some perspective that $3k for a Magic card pales in comparison to a number of sports cards out there, albeit those are significantly older. In the last 25 years, Magic tops everything I think.
 
WeedIan
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posted June 13, 2014 02:33 PM   Click Here to See the Profile for WeedIan Click Here to Email WeedIan Send a private message to WeedIan Click to send WeedIan an Instant MessageVisit WeedIan's Homepage  Edit/Delete Message Reply With Quote 
I blame Dan Bock.

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Thanos
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posted June 13, 2014 02:53 PM   Click Here to See the Profile for Thanos Click Here to Email Thanos Send a private message to Thanos Click to send Thanos an Instant Message Edit/Delete Message Reply With Quote 
quote:
Originally posted by WeedIan:
I blame Dan Bock.


Everyone blames Dan Bock, lol.

 
WeedIan
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posted June 13, 2014 03:06 PM   Click Here to See the Profile for WeedIan Click Here to Email WeedIan Send a private message to WeedIan Click to send WeedIan an Instant MessageVisit WeedIan's Homepage  Edit/Delete Message Reply With Quote 
This is why i blame Dan Bock

https://www.facebook.com/photo.php?fbid=10153788552885604&set=gm.643015012403092&type=1&theater

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Pushing to get to top 100 in MOTL Refs

 
mtglover
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posted June 13, 2014 07:07 PM   Click Here to See the Profile for mtglover Click Here to Email mtglover Send a private message to mtglover Click to send mtglover an Instant Message Edit/Delete Message Reply With Quote 
quote:
Originally posted by coasterdude84:
Yeah, don't get me wrong, daner, there's little of value in sports cards post-1977ish. There's a few things like you mentioned, but there is a TON of garbage. You were way better off buying Magic for sure. I was trying to add some perspective that $3k for a Magic card pales in comparison to a number of sports cards out there, albeit those are significantly older. In the last 25 years, Magic tops everything I think.

Actually, there are many money sports cards after 1977. The problem is that they are incredibly rare and expensive to open them.

 
Markers
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posted June 14, 2014 12:20 AM   Click Here to See the Profile for Markers Click Here to Email Markers Send a private message to Markers Click to send Markers an Instant Message Edit/Delete Message Reply With Quote 
quote:
Originally posted by Thanos:
Everyone blames Dan Bock, lol.

Yup, that's pretty much it...

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Lemonjuice
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posted June 14, 2014 08:31 AM   Click Here to See the Profile for Lemonjuice Click Here to Email Lemonjuice Send a private message to Lemonjuice Click to send Lemonjuice an Instant Message Edit/Delete Message Reply With Quote View Lemonjuice's Have/Want ListView Lemonjuice's Have/Want List
is Dan Bock just a single guy with a lot of buying power?

or is he store affiliated?

[Edited 1 times, lastly by Lemonjuice on June 14, 2014]

 
LandDestroyer
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posted June 14, 2014 08:58 AM   Click Here to See the Profile for LandDestroyer Click Here to Email LandDestroyer Send a private message to LandDestroyer Click to send LandDestroyer an Instant Message Edit/Delete Message Reply With Quote View LandDestroyer's Have/Want ListView LandDestroyer's Have/Want List
quote:
Originally posted by coasterdude84:
Cards like Lotus have transcended the game and entered the "we're expensive because of collectors alone" phase. Wizards could literally print a common in M15 called "Bigger, Blacker Lotus" that nets you 4 and those 5-digit Alpha Loti wouldn't even blink.

If you think these prices are high, shop around some high-end baseball cards. These are nothing.


Nice cards against humanity incorporation there.

 
coasterdude84
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posted June 14, 2014 04:42 PM   Click Here to See the Profile for coasterdude84 Click Here to Email coasterdude84 Send a private message to coasterdude84 Click to send coasterdude84 an Instant Message Edit/Delete Message Reply With Quote 
quote:
Originally posted by LandDestroyer:
Nice cards against humanity incorporation there.

Thanks! Was hoping someone would catch that.

 
Liq
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posted June 15, 2014 03:35 AM   Click Here to See the Profile for Liq Click Here to Email Liq Send a private message to Liq Click to send Liq an Instant Message Edit/Delete Message Reply With Quote View Liq's Trade Auction or SaleView Liq's Trade Auction or Sale
My local sports card shop repeats the following information at least 30 times a day.

Anything after 1987 (or so) is pretty much garbage (ie everyone has them and is looking to get rid of them)
70's and 80's stuff is kinda wanted.
Anything older should be on ebay.

Oh and the only sports cards he wants are from the local teams (baseball/football here in Seattle) and only players that are on the actual team (so like the past few years of cards).

plus if you have any 90's cards, to take them to your local donation place and get a tax deduction form.

 
Thanos
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posted June 15, 2014 07:26 AM   Click Here to See the Profile for Thanos Click Here to Email Thanos Send a private message to Thanos Click to send Thanos an Instant Message Edit/Delete Message Reply With Quote 
quote:
Originally posted by Lemonjuice:
is Dan Bock just a single guy with a lot of buying power?

or is he store affiliated?


He is his own store.

 
oldschool
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posted June 15, 2014 07:40 AM   Click Here to See the Profile for oldschool Click Here to Email oldschool Send a private message to oldschool Click to send oldschool an Instant Message Edit/Delete Message Reply With Quote 
lol if Dan Bock has so much influence on the singles market, you better buy into it then. Imagine what would happen if just one more person in the world gets the same idea as Dan! lol

Magic as a collectible is a two faced market. On one hand you have the original sets which you can count the print runs of rare cards in the thousands and are on the reserve list... and the other is a print run of hundreds of millions on cards that could be reprinted indefinitely. It's like telling someone who purchased a T206 Wagner and Mickey Mantle rookie card 30 years ago how terrible collecting baseball cards is.

 
majicman
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posted June 16, 2014 11:26 AM   Click Here to See the Profile for majicman Click Here to Email majicman Send a private message to majicman Click to send majicman an Instant Message Edit/Delete Message Reply With Quote 
quote:
Originally posted by oldschool:
lol if Dan Bock has so much influence on the singles market, you better buy into it then. Imagine what would happen if just one more person in the world gets the same idea as Dan! lol


Black Lotus is Iconic and the Big Kahuna in Magic. All the other power have been lifted up because of the unprecendented spike in Power (and Fetches/Duals/Old school cards) as of late. UL Mox's were sitting at $250-$500 for a very long time.

I have no idea what Dan invested in his Loti and other power he possesses (I don't know him personally, but have bought cards from him in the past), but I suspect most of his Unlimited Loti were bought in the range of $250 - 1000 each. Lotus sat forever at $250/350 range and 800/1000 it seemed like they were never going to go up.
Just a matter of time for the breaking through the ceiling was going to happen. Social Media and the Internet have a lot to do with the surge as well as key collectors who specialize in high end cards.

If I started today I would have a hard time wanting to spend a lot of money for the older cards (would buy a set over individual cards anyway). I have been a collector since I was 18 and just fortunate to "diversify" my collection to try to own 1 of every card (through Scourge, less foils)

If someone has the "vision" and wants to risk there money, then so be it. It's not easy chasing that many Lotus or Power cards. Only estimated to be (11000 to 12000 total for A/B/UL - excluding Artist proofs and CE). That is a fairly small market for a world wide game with 60 million+ active players who I suspect wouldn't mind owning a power card, but I am sure there budget may not allow it.

Enjoy your day!

Greg


 
oldschool
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posted June 16, 2014 02:25 PM   Click Here to See the Profile for oldschool Click Here to Email oldschool Send a private message to oldschool Click to send oldschool an Instant Message Edit/Delete Message Reply With Quote 
he's a business man. I bet most of the Loti he bought for 250-1000 are looooooong gone. Like any other business man, he needs to buy new stock to sell it and make money and so on...
 
KIP_NZ
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posted June 16, 2014 03:47 PM   Click Here to See the Profile for KIP_NZ Send a private message to KIP_NZ Click to send KIP_NZ an Instant MessageVisit KIP_NZ's Homepage  Edit/Delete Message Reply With Quote View KIP_NZ's Trade Auction or SaleView KIP_NZ's Trade Auction or Sale
quote:
Originally posted by majicman:
It's not easy chasing that many Lotus or Power cards. Only estimated to be (11000 to 12000 total for A/B/UL - excluding Artist proofs and CE).

Alpha 2.6 million cards
Beta 7.8 million cards
Unlimited 40 million cards

Here is the number printed of each card (rounded to nearest 500):

1,100 Alpha Rare
3,200 Beta Rare
18,500 Unlimited Rare

22,800 Of each Power Rare (Alpha+Beta+Unlimited)

From Crystal Keep http://www.crystalkeep.com/magic/misc/rarity-info.php

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majicman
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posted June 16, 2014 05:19 PM   Click Here to See the Profile for majicman Click Here to Email majicman Send a private message to majicman Click to send majicman an Instant Message Edit/Delete Message Reply With Quote 
quote:
Originally posted by KIP_NZ:
Alpha 2.6 million cards
Beta 7.8 million cards
Unlimited 40 million cards

Here is the number printed of each card (rounded to nearest 500):

1,100 Alpha Rare
3,200 Beta Rare
18,500 Unlimited Rare

22,800 Of each Power Rare (Alpha+Beta+Unlimited)

From Crystal Keep http://www.crystalkeep.com/magic/misc/rarity-info.php


Not 100% sure on the Beta and UL numbers of rares.

Wizards quoted 7.3 million for Beta from website so I can see closer to 3000 rares in circulation (always thought about 2600 of each with the adds of Volcanic and COP black and 1 of each land/art occupying space in print run). Always thought Unlimited was around 38 million. I don't want to argue exactitudes. Crystal keep is a great ref (I have used it often), but honestly wizards should be used as ref if they kept all the run counts.

Either way, if 22,800 of each power card, that is not enough to go around if even .1% (read as 1/10 of 1 percent - 60,000) wanted to own 1 of each.

 
majicman
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posted June 16, 2014 05:40 PM   Click Here to See the Profile for majicman Click Here to Email majicman Send a private message to majicman Click to send majicman an Instant Message Edit/Delete Message Reply With Quote 
quote:
Originally posted by oldschool:
he's a business man. I bet most of the Loti he bought for 250-1000 are looooooong gone. Like any other business man, he needs to buy new stock to sell it and make money and so on...

I think stating he is a business man is "obvious". He sells on Ebay and has over 200k in feedback.

I have no idea how many he still owns. You can ask him on ebay or facebook. He may share.

 

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