Comments on: Insider: Magic Economy Observations https://www.quietspeculation.com/2017/02/insider-magic-economy-observations/ Play More, Win More, Pay Less Tue, 18 Jan 2022 02:05:20 +0000 hourly 1 By: pi https://www.quietspeculation.com/2017/02/insider-magic-economy-observations/#comment-1845088 Sun, 12 Feb 2017 10:55:04 +0000 http://www.quietspeculation.com/?p=79437#comment-1845088 I trade for a lot of bulk rares and whenever I run into a single print Commander or Conspiracy card or almost any land I set them aside. Many likely won’t ever go up, however, I can always bulk them out in the future anyway and when some do spike it’s very good.

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By: Sigmund Ausfresser https://www.quietspeculation.com/2017/02/insider-magic-economy-observations/#comment-1844025 Thu, 09 Feb 2017 03:07:48 +0000 http://www.quietspeculation.com/?p=79437#comment-1844025 I believe Jason brings up a very valid point. He articulated it very well so I’ll just say that I echo his observation.

Also don’t forget there’s a lot of concern in the Modern market because there’s so much unknown with MM17. Many reprints will happen again but we don’t know what yet. So players may be holding off on acquiring modern cards until they see spoilers. Lands may be an exception because thus far wizards hasn’t loaded a ton of value into these sets via land reprints.

Also there’s no Modern ProbTour hype.

I love your Old School observations. Other disappearing commons/uncommons from alpha and beta people should be aware of are Stone Rain, Fireball, Evil Preseence, and Black Knight. You really want your mind blown, find me the cheapest MP or better Beta Black Knight on the open market. It’s ludicrous.

Thanks for sharing your observations!

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By: jason huang https://www.quietspeculation.com/2017/02/insider-magic-economy-observations/#comment-1843954 Wed, 08 Feb 2017 23:27:37 +0000 http://www.quietspeculation.com/?p=79437#comment-1843954 One thing to remember when using “Repricing a Case of Singles at an LGS” to draw larger conclusions about the direction of the market is that the expectation should be that repricing of the case will have a lot of downward movement, some small increases, and very few to no large increases. Why? Because of Self-Selection…the items that increased in value greater than 20-30% will have been snapped up by value-hunting customers (and therefore no longer in your case), whereas the items that declined in value of course wouldn’t be purchased.

Think about it this way, let’s take a simple example and assume a period of overall stagnant prices, with some amount of individual cards increasing by 30%, some staying flat, and some decreasing by 30%. What would you expect to see? Most or all of the cards that increased will have been purchased (cause, hey, value), some of the cards that were flat will have been purchased (sometimes you just need that card, and if it’s market value, cool), and very few to none of the cards that decreased will have been purchased (I like that card, but I can buy it way cheaper online).

Then if you went to reprice, you’d notice a lot of items down by 30%. Your conclusion: wow, prices are falling by a lot. But that’s a faulty conclusion because of course the items that are overpriced will still be there, and the cards that have appreciated in value (i.e. are underpriced) are going to be less likely to be there.

I don’t disagree that the MTG singles market is probably a bit softer than it was 2-3 years ago, but I don’t think the “repricing the case and finding a lot of downward arrows” exercise is a relevant data point in determining the overall MTG market.

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