The reserve list is set in stone, that's the problem. Modern is the only way to solve this eternal format scourge without breaking the reserve list. This keeps revised duals and legacy staples high (ie not screw over legacy investors) while letting common people have a taste of an eternal format. Scg will very likely support all 3 formats IMO. They even have multiple draft opens, so no problem there. I don't think modern is going to hurt legacy's popularity honestly. With people getting into modern first, they'll just slowly drift into legacy since they already have all the non land cards.
Say I have stoneblade in modern, I can later get tundras and forces to play legacy. Modern is not going to hurt legacy IMO. However, if scg drops legacy (which is unlikely since its so popular, you wouldn't hurt your own cash cow for an unproven format right?), legacy will be in huge trouble. It'll likely drop prices to what they were a year ago before the explosion. Ie duals in the 60 ish range.
On another note, the legacy card price poster boy has flatlined/dropped. Wasteland is now $40 on eBay. It was what, 70 once upon a time? Legacy demand is stagnating with all this modern speculation.
I have been playtesting some modern since the announcement and at the moment, it just isn't fun. There are not a whole lot of 'viable' decks and 'true' control decks just get run over. Combo/Ramp is the theme of the format at the moment but I guess we will see when/if pros start making decks. A reprint of 'counterspell' would really help, or an unbanning of sensei's divining top (could create more problems) but I don't really see how a control deck with conditionals can cope. I think the closest thing to control would be something faeries or faerie blade...but that is more aggro control and not true control...
Cloudpost control is one of the better decks. So is UW StoneforgeOriginally Posted by crovakiet
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I don't remember Wastelands ever being 70. They were pretty close to $50 for a while now they seem to have settled around $40ish give or take $3-5. I bought a playset of Wastelands this calender year for $80 (Long since traded for Trops which I needed to finish a playset) so they have come down a tad from the absolute peak but that's only because most people who were bidding them up to $50 have them now.
Here's a graph of MOTL prices over the last 6 months I found
Either way I don't think it has anything to do with a dire prophesy for the future of Legacy. Prices on Magic cards in general usually go down over the Summer and bounce back again when school starts. Prices dipped towards the end of last Summer too for Legacy staples only to rise higher than ever this year.
big links in sigs are obnoxious -PR
Don't disrespect my dojo dude...
Sweep the leg!
I remember Troll and Toad buying Wastes for 60, so they had to be at least 70
TIME POLICE
Troll and Toad/Starcity pricing doesn't accurately reflect the actual value of cards.
Hill Giant means business.
True, but if someone is buying any and all Wastelands for 60, then their value has to be AT LEAST $60...
TIME POLICE
So if one guy is paying $100 for every Wasteland the price is $100?
They could have bought Ebay auctions for under $60 if they wanted them that bad.
big links in sigs are obnoxious -PR
Don't disrespect my dojo dude...
Sweep the leg!
Ebay prices are not independent of Starcitygames. The cash buy price from Starcitygames represents a floor. Even if Starcitygames is not buying all of the ebay auctions for 60, the fact that people could purchase auctions and then potentially sell to Starcitygames causes ebay prices to floor at 60 as well. Of course, transaction time and shipping costs complicate the relationship, but it does hold in a general sense.
Quote me on this and Legacy will never perish:
I tell you one thing... Imagine a hundred of mice facing fivehundred lions.... the mice are Modern, the lions are Legacy.... Modern has NO CHANCE of beating Legacy fast. But there might get more mice and maybe even over serveral thousands and maybe some lions change sides, but not many... So everyone calm down and wait how many mice will gather up and how many traitors we got here...and then:
LET THEM FACE OUR LEGACY!
No, the price is whatever I can reasonably expect to pay for the card when I want it. What it looks like is SCG briefly paid $60 for a card that wasn't worth that, then dialed it back. I see they have over 100 Wastelands and they now pay $25 for it and sell it @ $50. This is why one site overpaying for a card doesn't set the price. They will only sit back and buy so many over the going rate before they tap out. They can't buy every Wasteland on the market overpaying like that.
The price was never over mid 50's.
big links in sigs are obnoxious -PR
Don't disrespect my dojo dude...
Sweep the leg!
The law of one price has something to say to you. When there is a standing offer to purchase all items available price X, the one price must, at that point in time, be atleast X. I do not know why this is confusing.
I will pay 100 dollars for Force of Will in NM condition...... and offer expires, I will now pay $30, but the price was $100 there for a second.
No one was paying $60 but SCG. That doesn't mean the price was $60 because you could still buy the card for $50 the whole time.
If everyone in my city will only pay $4 for a gallon of milk and one neighborhood grocery store says it is low on milk and will pay $5 for each gallon of milk it receives. Needless to say not every single gallon of milk is going to get sold to the store paying $5 and many grocery stores say "not worth the trouble" and continue to sell milk as usual. At any point I can walk into 99% of the grocery stores in the city and buy a gallon of milk for $4. Eventually the grocery store that was low on milk now has WAYYYYY too much milk, they say "we will now pay $2 for a gallon of milk." What was the price of a gallon of milk this whole time?
If you say $5 please leave this thread.
Take your econ 101 and GTFO until you pass the final exam.
Law of One Price - "In an efficient market, all identical goods must have only one price."
Highlighted to clear up any confusion, because I don't know why this is so confusing either but thanks for trying to make me look like an idiot. This doesn't apply at all to Magic cards obviously.
big links in sigs are obnoxious -PR
Don't disrespect my dojo dude...
Sweep the leg!
There has already been a thread on whether the magic market is efficient. Small arbitrage opportunities exist but in general, it is pretty efficient. I have a few questions for you.
Question 1: For the period of time, which lasted atleast one week, when Starcitygames was offering 50 dollars or more on Wasteland, what was the price of wasteland? I am not asking for an overly specific number so a range would be sufficient.
Question 2: How did you come up with this range?
1: Wasteland maxed out at a little over $50
2: I came up with this range by looking at the price Wasteland was sold for online in that time period on websites that track such things and also from the fact I watch Legacy prices constantly and I never put Wasteland @ $60, see the graph in my other post. It peaks at about $53 which is actually a little high because it takes into account asain Wastelands and BINs that are higher than the going price. There was never a time with a little shopping around (IE watching auctions for 2-3 days on Ebay) where you couldn't get a NM Wasteland shipped for under $50ish give or take a dollar or two. I hawk Ebay for good deals, and by good deals I mean I only want it if it's a steal. To do that I have to know the going rate on everything I bid on which means I'm constantly looking at completed listings, in fact Ebay MTG completed listings is bookmarked on my browser next to Ebay Magic auctions ending soonest so I can quickly go back and forth. I've build from having 5 duals and 10 fetchlands going into last years GP to what is almost what I would consider a complete Legacy collection. The list of cards I "need" has gone from 200 to under 30 and I did it all paying about 70-75% of what the card was worth at the time with a few notable exceptions (a couple cards I needed, a couple I caught mid jump). I've spent the past year basically trying to build a collection for as cheap as possible and succeeded. You'll just have to take my word on this Wasteland was never a $60 card to anyone who had the patience of waiting a day or two to pull the trigger and if SCG indeed paid $60 NM each for them then they are currently eating a huge loss.
big links in sigs are obnoxious -PR
Don't disrespect my dojo dude...
Sweep the leg!
The highest we got on Wasteland was $70 sell / $40 buy. You are confusing us with other companies that offered a $60 buy price - and at that price, we sold those companies some Wastelands. Take that for what you will on how I view a $60 buy price on Wasteland.
- Ben Bleiweiss
- Director of Sales, StarCityGames.com
Ben,
Your company decided to bring zero of its pimp to the Seattle Open, and many people were sad. Never leave the pimp at home!
A ton of people were looking for foils and foreign stuff, but your sellers said it was all back at home base. Many people were very sad pandas, indeed.
Overall though, your lackeys working the booth were good. Decently knowledgeable on Summer and Beta prices, and actually took the time to talk to me and work out prices. A+ on that front!
-Matt
Hey Matt:
I tend to refer to them more as co-workers than lackeys - and they all do a good job :) We sometimes bring our HP stock, our Foil stock and our Beta stock to Opens, but we tend to mix it up, and unfortunately all of these were earmarked for Gen Con this year!
- Ben
I fail to see why this is unfortunate... I'm going to be at Gencon. Matt just needs to travel East again.
Level 2 Judge
Owner, Tales of Adventure Comics and Games, Coopersburg, PA
Sorry Ben, I didn't mean to use lackey in a bad way, I'm just so used to using that phrase for all people engaging the public. Sorry about that.
Like I said, VERY professional, even the hired help. Everyone was really good. The event was also really well run, the judges were great, etc.
-Matt
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