Medina’s Notebook: Magic Finance

Written by Jonathan Medina on . Posted in Finance, Magic Culture

Medina’s Notebook: Magic Finance

Jonathan Medina

Jonathan has written for gatheringmagic.com and starcitygames.com (as a premium columnist). He captivated the Magic community as he chronicled his journey to trade a single pack up to a piece of power nine. Now you can find him here every week as he tells his FNM Hero adventure.

Some sites charge you money to be on the “cutting edge” (aka 2-7 days late) of Magic Finance. Instead of your giving money to those dudes, you should just check this live blog from time to time. That sounds like a smart financial move.

Anyway, I’m not going to bother with bells and whistles. Let’s talk about where the money is at!

P.S. These are still not edited!

Blue Fetches Update

Monday 10/29/12 – 3pm EST

It looks like TCG Player is now catching up with SCG on the blue fetch pricing.

There were some people speculating that Star City Games might be getting ready to announce a modern open series but Ben put those rumors to bed with this tweet.

[tweet https://twitter.com/BenBleiweiss/status/261939546420305920]

He also left himself an out …

[tweet https://twitter.com/BenBleiweiss/status/261967236028301312]

Scalding Tarn and Misty Rainforest walk into a bar…

Friday 10/26/12 – 3pm EST

 

Today Star City Games raised the price on these two blue fetchlands to $35. They also bought us (store.legitmtg.com) out of these  fetchlands last week.

Why is this happening?

There are a couple of factors contributing to this “price raise” ; 1) The Modern Pro Tour excited some people! 2) Modern Masters is going to open the format up a little more and its not going to add any Zendikar fetchlands to the supply (see announcement). 3) A Modern PTQ season is coming up.

What’s next?

TCG Player and Channel Fireball still have these lands in stock at below $20. My guess is that people are going to freak out and buy these (or SCG is going to finish shopping) and this supply will dry up. Once that happens the “real” price of Scalding Tarn and Misty Rainforest will be around the Star City price.

What should I do?

If you need these to play with, you probably should try to find a set cheap this weekend. Go to FNM and trade based on the CFB price or buy them from your local shop. If you want to sell yours then wait until the TCG Player stock dries up and then ship them.

You should also think about investing in some of the most played lands in Modern, Scars of Mirrodin “fast lands”.

Data

These fetchlands were already on the rise before this happened. It’s fair to say that their natural trajectory was $25 even before this bold move from Star City. That means that they are not a bad investment if you can get them at the right price, it’s probably going to be hard to find that price now.

Twitter

[tweet https://twitter.com/kstube/status/261913530784157696]

[tweet http://twitter.com/Chosler88/status/261920510009540610]

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