I just wanted to ask everyone here for their opinions on the investment potential of the power 9.
Traditionally the power nine has seen slower price gains than other cards/staples.
Their price gains have lagged behind somewhat, but not by that much. Even though i wanted to ask other people what they
think about this given the recent explosion in the player base.
I just wanted to ask everyone here for their opinions on the investment potential of the power 9.
Traditionally the power nine has seen slower price gains than other cards/staples.
Their price gains have lagged behind somewhat, but not by that much. Even though i wanted to ask other people what they
think about this given the recent explosion in the player base.
Power will continue to go up for a while, but the problem is that selling it for a significant profit is going to be difficult. You're tying up a LOT of money for a long time. If you have that much liquid cash, talk to a bank and see what kind of rates they offer on CDs.
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I think it's a horrible idea speculating on the price of Power 9. Are you going to play Vintage with them?
Instead, take your money and buy some TSLA stock. You can thank me later.
Power nine is a bit too pricey to "speculate" on. I'm "speculating" on Vintage magic only to the extent that putting together
a vintage deck is so ridiculously expensive that I keep asking myself if its a worthwhile endeavor.
I've put together 7/9 of the power nine after 4 years...lol I'm planning on building an oath deck. But again so much money is going into
this thing I view it as more investment than deck building.
I used to play a lot vintage. The power 9 seems to plateau, then lag behind, then surge every 5-8 years. It's also tough to liquidate and a prime target for counterfeiting. I would not invest just for the sake of investing.
I used to play a lot vintage. The power 9 seems to plateau, then lag behind, then surge every 5-8 years. It's also tough to liquidate and a prime target for counterfeiting. I would not invest just for the sake of investing.
After tracking the prices of Vintage, I'll have to confirm this too. It looks like Vintage flat lines while everything else rises in value, but then decides to surge up one day
I don't see it as being a sound long-term investment. WOTC appears poised to start supporting Vintage on MTGO, which will likely mean that te format migrates online over the next 5 years simply due to card scarcity.
I have heard vague rumors of a moustache-dispensing vending machine in a distant laundromat, across the street from a tattoo parlor. However, this information is shaky, and time is of the essence.
@OP: I think you're on the tail end of a vintage surge so right NOW isn't the best timing. Of course, compared to TSLA or CD's, I think it tops both of those even if you buy now. Make sure you consider risk-adjusted annualized return (i.e. its not whether something goes up or down, it's how much and in what time frame, at what risk) compared to everything else when planning out your investments, good luck!
Lol at all the financial advice here. The question was not should I invest in vintage or get a rotating series of 3-6 month CDs with guartanteed annualized rates of return as part of a greater portfolio of fixed income equities, diversified with commercial paper and foreign AAA subrogated debt secured with REITs, rebalanced against a conservative proportion of SPDR index funds.
The question was simpler...just what do you think of Vintage as an investment. and apparently the consensus = bad idea.
Haha welp, if you're gonna bring up the word "investment", you should definitely be comparing it to anything else you could be putting the money into instead I didn't say it's a bad idea, in fact it's better than some of the other ideas on this thread IMHO but I don't think right now's the best time for it.
I happen to think that now is the best time if you're buying into p9. The release of VM next summer would likely, if anything, increase interest in the format and could lead to price increases. Regardless, p9 is something that will always be collectible and not a bad thing to have, as there is currently nothing that would cause a decrease in price for these cards.
One trend I'm tracking is that there are players who bought in 2-3 years ago into things like fetch lands and Goyfs and are now sitting around thinking, "Golly, this playset of Goyfs is worth $600 - I can buy a piece of power for that!" [See this adjacent thread, for example.]
Combine that with the SCG increase in their prices, and there are a few theories that sound reasonable which seem to be longer-term trends - i.e., people who want to add power in their cubes, folks who buylist jank to purchase power. Actually, the second reason of trading up is duplicative of my first point. [See this thread from the 2nd page.]
I wouldn't claim to know any more than the other posters above that indicate it's a bad investment, but there do seem to be some drivers which might contribute to continued growth. Rising tide lifts all ships, and all. At least until someone pulls the stopper at the bottom of the tub.
It depends on if you're buying actual graded alpha and beta power, rather than whatever random beat up unlimited copies come up on ebay that sell for $200-$300. I've bought and sold several pieces of power, and I don't think I've made more than $50 on any of them, and a few of them I had for over a year. That's just not really a great return, having a $300 card sitting in a sleeve for a year, barely making any money on it. I'd rather have 40 $10 cards and flip them every month, putting that value to work.
Now, if you're the guy who can buy a $5,000 Black Lotus and afford to have it sit in a safe for 10 years, to hopefully one day sell it and flip it into an actual black Lotus sports car, then more power to you. (pun intended)
The problem with that, Lord Anarchy, is that the little bit that you make on the Mox takes virtually no work, where as flipping 480 cards in the same time span (while I should hope makes you a lot more money) takes a lot of time and effort. Also, if you go the ebay route, a 300 mox that sold for 400 should yield like 60 bucks profit after fees of about 40.00 ....the paypal .30 fee per sale on the latter strategy alone comes to over 120 bucks! ...and if you aren't flipping those cards through ebay then add a LOT more time to your flipping efforts. just my .02
Now, if you're the guy who can buy a $5,000 Black Lotus and afford to have it sit in a safe for 10 years, to hopefully one day sell it and flip it into an actual black Lotus sports car, then more power to you. (pun intended)
My goal is to one day have a black Lotus sports car with the vanity tag "SAC4UUU"
I just wanted to ask everyone here for their opinions on the investment potential of the power 9.
Traditionally the power nine has seen slower price gains than other cards/staples.
Their price gains have lagged behind somewhat, but not by that much. Even though i wanted to ask other people what they
think about this given the recent explosion in the player base.
Power will continue to go up for a while, but the problem is that selling it for a significant profit is going to be difficult. You're tying up a LOT of money for a long time. If you have that much liquid cash, talk to a bank and see what kind of rates they offer on CDs.
As a banker in PA, a good rate on a 4 year CD is about 1.10, and on an 11 month 0.55, currently most magic cards > CDs ...same for money markets.
The problem is the condition of the cards and not overpaying for busted up pieces of cardboard.
The fragility problem is something that I wouldn't be able to deal with. I wouldn't want to ever play with the cards and would stress that they were rotting in whatever case I had them sealed in.
I don't think this is a smart way to spend your money. Invest in quicker return cards, things likethe Zen fetches when they were low were fantastic.
Also, people still play vintage and there are not many of these cards. Buying, just to sit on them, makes it harder for the people who use these cards.
Plains - John Avon - 230
Island - Jung Park - 235
Island - Vincent Proce - 237
Swamp - John Avon - 238
Mountain - John Avon - 242
Forest - John Avon - 246
I don't think this is a smart way to spend your money. Invest in quicker return cards, things likethe Zen fetches when they were low were fantastic.
Also, people still play vintage and there are not many of these cards. Buying, just to sit on them, makes it harder for the people who use these cards.
I would guess that the vast majority of Lotuses and moxen out there are not in the hands of players. I have a full set, haven't been used in a year. My friend owns a store and has several moxen, havent been played with ages... Dan Bock has like a hundred Black Lotus, and I doubt he's got 100 vintage decks that see regular use. These are show pieces / trophies to players, not just to collectors.
I all depends. If you have the funds to buy a nice set of power and if you get some additional value, like playing vintage, go for it.
I've had over 40 P9 pieces and have currently alpha/beta set and one Unl Lotus, I just bought in a collection. When I started buyng these my beta Mox Emeral was 50$ and my first beta Lotus was 100$. From those prices making money was pretty elementary. The beta Mox turned into almost full set of Arabian Nights. The Lotus renovated our kitchen and paid few bills. So I do have a bias toward the black bordered versions. But I suspect that Unl versions have more room to grow still. They are also easier ones to buy in on. 3k$ on played alpha Lotus is a bit steep.
Most of the cards I have bought as parts of collections, kept them for a while and sold piece at a time to other players. If I had sold to stores, I doubt I would have made too much profit on anything bought after 2004. (That was the big vintage price explosion. Beta Lotus went from 500$ to 1.5k$) I could also imagine another large correction in Unl prices coming. Moxes have been pretty low for several years now, with only Timetwister making gains on casual demand.
So they are pretty slow to move, but will keep the value, so you are not really losing value on them even if you have to keep them a bit longer than you wanted. It's also possible that the prices will go up. SCG has already made the adjustment and it is possible that eBay will follow. If you will play vintage, which is actually very fun environment, go ahead if you don't need the money soon. The worst feeling ever is buying something expensive and having to sell iot at discount after gaetting a few bills
It really depends on what your investment goal is. The power 9 are pretty good at storing magic value, though at this point are no longer making huge gains. Though if you ever plan on taking an extended break from Magic, storing your collection in power 9 might not be a terrible idea. Other cards can rotate, be hit with bannings, made worse by new cards, etc. Few cards have been able to hold their value like power 9.
The nice thing about a power 9 piece is the value it has in trade when you want to come back to Magic. You can probably find a played condition Unlimited Mox Pearl for around $400 or so, but you can usually get far more than $400 in trade. $5 cards become throw ins, $10-15 cards are deal sweeteners, cards people are usually reluctant to trade like Goyfs and Fetchlands become much more accessible. It's usually much easier to get value trading down than by trading up, and the power 9 are the best cards to start with if you want a trade down strategy.
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Traditionally the power nine has seen slower price gains than other cards/staples.
Their price gains have lagged behind somewhat, but not by that much. Even though i wanted to ask other people what they
think about this given the recent explosion in the player base.
Instead, take your money and buy some TSLA stock. You can thank me later.
Power will continue to go up for a while, but the problem is that selling it for a significant profit is going to be difficult. You're tying up a LOT of money for a long time. If you have that much liquid cash, talk to a bank and see what kind of rates they offer on CDs.
Power nine is a bit too pricey to "speculate" on. I'm "speculating" on Vintage magic only to the extent that putting together
a vintage deck is so ridiculously expensive that I keep asking myself if its a worthwhile endeavor.
I've put together 7/9 of the power nine after 4 years...lol I'm planning on building an oath deck. But again so much money is going into
this thing I view it as more investment than deck building.
I wish we had Vintage tournaments here.
After tracking the prices of Vintage, I'll have to confirm this too. It looks like Vintage flat lines while everything else rises in value, but then decides to surge up one day
The question was simpler...just what do you think of Vintage as an investment. and apparently the consensus = bad idea.
Combine that with the SCG increase in their prices, and there are a few theories that sound reasonable which seem to be longer-term trends - i.e., people who want to add power in their cubes, folks who buylist jank to purchase power. Actually, the second reason of trading up is duplicative of my first point. [See this thread from the 2nd page.]
I wouldn't claim to know any more than the other posters above that indicate it's a bad investment, but there do seem to be some drivers which might contribute to continued growth. Rising tide lifts all ships, and all. At least until someone pulls the stopper at the bottom of the tub.
Now, if you're the guy who can buy a $5,000 Black Lotus and afford to have it sit in a safe for 10 years, to hopefully one day sell it and flip it into an actual black Lotus sports car, then more power to you. (pun intended)
My goal is to one day have a black Lotus sports car with the vanity tag "SAC4UUU"
As a banker in PA, a good rate on a 4 year CD is about 1.10, and on an 11 month 0.55, currently most magic cards > CDs ...same for money markets.
The fragility problem is something that I wouldn't be able to deal with. I wouldn't want to ever play with the cards and would stress that they were rotting in whatever case I had them sealed in.
Also, people still play vintage and there are not many of these cards. Buying, just to sit on them, makes it harder for the people who use these cards.
http://forums.mtgsalvation.com/showthread.php?t=4832736
Trading 10 full art zen basics for 8 of yours!
I want
Plains - John Avon - 230
Island - Jung Park - 235
Island - Vincent Proce - 237
Swamp - John Avon - 238
Mountain - John Avon - 242
Forest - John Avon - 246
I would guess that the vast majority of Lotuses and moxen out there are not in the hands of players. I have a full set, haven't been used in a year. My friend owns a store and has several moxen, havent been played with ages... Dan Bock has like a hundred Black Lotus, and I doubt he's got 100 vintage decks that see regular use. These are show pieces / trophies to players, not just to collectors.
I've had over 40 P9 pieces and have currently alpha/beta set and one Unl Lotus, I just bought in a collection. When I started buyng these my beta Mox Emeral was 50$ and my first beta Lotus was 100$. From those prices making money was pretty elementary. The beta Mox turned into almost full set of Arabian Nights. The Lotus renovated our kitchen and paid few bills. So I do have a bias toward the black bordered versions. But I suspect that Unl versions have more room to grow still. They are also easier ones to buy in on. 3k$ on played alpha Lotus is a bit steep.
Most of the cards I have bought as parts of collections, kept them for a while and sold piece at a time to other players. If I had sold to stores, I doubt I would have made too much profit on anything bought after 2004. (That was the big vintage price explosion. Beta Lotus went from 500$ to 1.5k$) I could also imagine another large correction in Unl prices coming. Moxes have been pretty low for several years now, with only Timetwister making gains on casual demand.
So they are pretty slow to move, but will keep the value, so you are not really losing value on them even if you have to keep them a bit longer than you wanted. It's also possible that the prices will go up. SCG has already made the adjustment and it is possible that eBay will follow. If you will play vintage, which is actually very fun environment, go ahead if you don't need the money soon. The worst feeling ever is buying something expensive and having to sell iot at discount after gaetting a few bills
Set to default
The nice thing about a power 9 piece is the value it has in trade when you want to come back to Magic. You can probably find a played condition Unlimited Mox Pearl for around $400 or so, but you can usually get far more than $400 in trade. $5 cards become throw ins, $10-15 cards are deal sweeteners, cards people are usually reluctant to trade like Goyfs and Fetchlands become much more accessible. It's usually much easier to get value trading down than by trading up, and the power 9 are the best cards to start with if you want a trade down strategy.