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Originally Posted by Rizzeedizzee
Interesting that you're an MTG collector. I'm not sure how you're still finding arbitrage opportunities, but more power to you if you are.
I saw this coming, but even I'm shocked by the growth; and Magic has not yet surged in price nearly as much as sportscards and Pokemon. If the rumored Netflix MTG show comes to fruition, and/or if MTG has it's Logan Paul moment (paging Post Malone!), then prices will go to the moon.
The only problem is there's no more low hanging fruit. First I loaded up on gold and silver age sealed, but the Timmys caught wind of that. Then when I heard about TSR I went heavy on old-bordered foils, and now those have predictably exploded. Probably I'll need to look toward Four Horsemen NM commons and uncommons, as those can still be obtained for a decent price and seemingly still have lots of room to grow.
You're saying Magic has NOT exploded as much as Pokemon and sports cards? I dunno man. I guess maybe the difference is that there has always been a market for Magic and Pokemon cards, whereas the sports market crashed right around when CCGs where starting to take off.
I remember back in the early 2000s Wasteland(an uncommon from Tempest) spiked from 50 cents to five or six bucks. I had several friends who drafted frequently, but had stopped playing, so they all had 10-20ish of these lying around. I told them about the spike, and they all sold their Wastelands, glad to have made an extra $100 or so. Now they're $50. For a damn uncommon.
I think for Magic its A)Rarity is only one part of the price. The other part is driven by how good the card is, and there are now roughly a dozen formats a card might get played in.
B)Condition isn't as big of a factor. If you have a bunch of slightly played, even heavily played stuff, it still tends to retain 60+% of its value. C)You have both collectors AND players after cards. Yes, there's the guy who spend half a million on that 9.5 Alpha black lotus a while back, but there are also people willing to shell out a grand for that Geaa's Gradle for their EDH deck that they're just playing with friends.
I know a couple people who are buying/selling cards, but in general they have to buy collections in bulk and take the time to resell them.