[Official] Bitching About Prices, Buyouts and Reprints Thread

[Lemnear]

So ... random LEDs now at 250$ a pop? Guess I should sell my signature playset for 10 grand then

[MasterBlaster]

Crazy about LED. Glad I bought my playset for $20 12 years ago. Best MTG investment I've made.

[ESG]

Actually, I amend my previous statement. I'm seeing lots of comments that it was the guy who bought out Moat. He's apparently bragging about his LED buyout on Facebook, but I'm not on Facebook.

[Whippoorwill]

Actually, I amend my previous statement. I'm seeing lots of comments that it was the guy who bought out Moat. He's apparently bragging about his LED buyout on Facebook, but I'm not on Facebook.

Friend pointed it out to me:

https://www.facebook.com/craig.berry...type=2&theater

[TsumiBand]

Who else is super pumped about that Allosaurus Rider spike? It's like a dream come true

[btm10]

3. It gets WoTC's attention, and forces them to admit that while the RL was intended to protect the investments people made with their collections, it was never intended to be abused like this. Masters reprints have done very little to reduce existing prices, and it would be safe to abolish the RL.

I maintain that this is the long-term plan with EMA anyway. Force looks like it's already started to rebound, and Wasteland is off maybe 15% from its price before EMA was announced, which is equivalent to a Revised Underground Sea falling to $300 from $350, which most people are probably fine with. I know I am.

[Sidneyious]

So glad I got my lp forces for 50$ before they spiked back up.

Now if only the candle would drop a bit

[CutthroatCasual]

So glad I got my lp forces for 50$ before they spiked back up.

Now if only the candle would drop a bit

RL cards can't go anywhere but up at this point.

[urza_insane]

There's a bit of chatter about this in the 'Prices and Reprints' thread, but I think this deserves its own space given the coordinated and public nature of these buyouts. Is this a major problem for the format? Is there something we can do to prevent future spikes? Please don't turn this into a RL discussion – I'm more interested in what we can do in the near-term to stop this sort of behavior.

Here's my take:

This is obviously annoying and the guy doing it is a greedy asshat. But I think the reaction has been a bit overblown - prices for Moat are already back down in the ~450 range (see eBay) and I don't think LED will stay high for long. Both cards will likely 'settle' higher than their pre-spike price, but I don't think they'll stay crazy high.

I also think part of the problem is TCGPlayer - and our reliance as a community on them for setting the 'market price' for a card. After a buyout the price is always going to look extremely inflated. That's not what the card is worth. The key is to, as a community, hold off on buying at those inflated prices until things settle back out.

I would also love for TCGPlayer to put in place some sort of mechanism that prevents large buyouts like this from single individuals, though I don't have high hopes they'll do that.

For those curious, here's the guy behind the spikes:
https://www.facebook.com/craig.berry...6960745401441/

[Mr.C]

I hope they continue, and force Wizard's hand. This bullshit attitude towards Legacy has gone on long enough; it's already super hard to get into.

This problem is solely caused by Wizard's reluctance to reprint cards to satisfy demand. Nothing else. Either reserved or non-reserved cards, doesn't matter. The scumbag here is not this Craig fellow, but WotC.

[Barook]

I hope they continue, and force Wizard's hand. This bullshit attitude towards Legacy has gone on long enough; it's already super hard to get into.

The best way is probably to cause a massive PR shitstorm to the point where even the non-Magic public would receive it as problem, given the same shit would be illegal in the stock market and gives criminals a potential outlet for money laundering with such expensive pieces.

[mini1337s]

I posted something similar on Reddit: https://www.reddit.com/r/mtgfinance/...x/the_problem/

Kind of down-vote city but I sort of expected that going into it. One of the users has a good point though, you can make everyone aware and without a regulating body you are essentially shit out of luck.

[Spam]

I guess wizard will consider abolishing the reserve list after some players will get bitten to death and robed for their decks at the next Eternal weekend.
This thing is getting out of hand, and it's looking grim.

Inviato dal mio LG-D605 utilizzando Tapatalk

[Mr.C]

I guess wizard will consider abolishing the reserve list after some players will get bitten to death and robed for their decks at the next Eternal weekend.
This thing is getting out of hand, and it's looking grim.

Inviato dal mio LG-D605 utilizzando Tapatalk

They'll get chewed and then put some togas on them? Is this some Innistrad/Theros crossover?

j/k I know what you meant.

[Barook]

I guess wizard will consider abolishing the reserve list after some players will get bitten to death and robed for their decks at the next Eternal weekend.
This thing is getting out of hand, and it's looking grim.

http://www.escapistmagazine.com/news...is-Magic-Cards

That already happened a while ago and Wizards gave zero fucks.

What we need is basically an organzied heist with heavy weapons and all that jazz.

[btm10]

I said this in the official thread, but I'll repeat it here for completeness: I believe that a major reason for EMA (aside from its profitability) was to see what would happen to high-value cards that got reprinted to fill unmet demand as a test case for phasimg out the Reserved List. The prices of Force and Wasteland were ostensibly purely demand-driven since it was public knowledge that they could be reprinted at any time. Despite this, they were more valuable than the vast majority of RL cards, and their prices were only impacted 15-20% after they were spoiled and started to be opened. Force is already starting to rebound and Wasteland is off about $10 from its pre-announcement price, which is equivalent to a $350 Underground Sea dropping to $300. This is nothing like Chronicles/4th in terms of price effects, and between MMA and EMA they have a mountain of historical price data showing that they can maintain a stable secondary market for high value staples while also allowing for necessary reprints. Original printings also hold value extremely well in price even with an inexpensive reprint widely available (compare FBB 4th edition Lightning Bolts to M10 Bolts, even in less popular languages like French). With all that evidence it's very hard to make an estoppel claim stick, and WotC always puts the interests of the EDH/Cube crowd at the top of their priority list when it comes to established players. There's a lime where those people will start to balk at some secomdary market prices, the larger secondary market players will start to feel it, and WotC will respond with a slow phase-out of the Reserved List. I don't know how long that will take once we see post-EMA equilibrium prices, but the day is coming.

[Lemnear]

The only thing I wonder is when we finally reach the point, people really evaluate the price of these cards and decide to put their money in better entertainment, buy a car or make holidays with hookers instead of buying Rishadan Ports. Hell, you get a PS4/XB1 with several games for the price of a single Rishadan Port. Buying INTO Legacy is totally impossible for the targeted audience anyways and modern is bullshit also.

How the fuck does WotC want to attract people from 10-30 years as their core market if decks are one grand and up (unless you want to get slapped all day with your Duel Deck bullshit)? They had more than a decade to fix the forseeable problem, but did nothing. The format is dying for sure and I laugh at the last idiot sitting on all the Moats, and crap they bought for thousands of $ in hope to flip them for a few 100 bucks profit

[CutthroatCasual]

Force is already starting to rebound and Wasteland is off about $10 from its pre-announcement price

1) In order for the same thing to happen with duals as Force, they need to be printed at mythic.

2) Wasteland was $70 pre-announcement. It fell to $50 post-announcement/pre-release. It's now $40. So unless you live in a world where $10 = $20, I don't know what you're talking about.

[CutthroatCasual]

The only thing I wonder is when we finally reach the point, people really evaluate the price of these cards and decide to put their money in better entertainment, buy a car or make holidays with hookers instead of buying Rishadan Ports. Hell, you get a PS4/XB1 with several games for the price of a single Rishadan Port. Buying INTO Legacy is totally impossible for the targeted audience anyways and modern is bullshit also.

PS4/XB1 don't have nearly the same replayabilty as MTG. It's a stupid argument and will never not be such.

[Damaku]

As shitty as it is. I hope that ths brings more fuel the the brakdown of the fucking list.