How in the hell is her price rebounding so fast? MM17 has only been out a week and it's already going back up. She managed to get down to the $60's for a bit but as of this posting she's already back up to $80. At this rate she'll overtake Goyf What's going on?
How in the hell is her price rebounding so fast? MM17 has only been out a week and it's already going back up. She managed to get down to the $60's for a bit but as of this posting she's already back up to $80. At this rate she'll overtake Goyf What's going on?
Looking at ebay, I see a slight trend back up, but that's normal after the initial flood gets bought up and supply begins to stabilize a bit more. I saw prices bottom at around $68 for NM copies (outside of a couple of lowball listings), and now I see (other than another lowball listing) the bottom seems around $75, which is about a 10% increase from where it was, which can certainly be how popular mythics from a modern masters set can trend after the initial decent price drop.
We'll have to wait and see how things shape out in the long-term but for now a stabilization between $75 and $80 seems about right.
One thing people often fail to take into consideration with modern masters sets, is that in general while the rares may certainly drop by 50% (or more) except for the most popular tournament staples which will drop closer to 33% before stabilizing, mythics from the sets tend to drop closer to 25% for the tournament staples before stabilizing. The more demand for the cards from those willing to spend the money on them there is, the more likely you will see significant pent up demand stepping in to pick up the additional supply of cards as the price drops that will effectively put a floor under the price of the card by keeping supply from exceeding demand below that level.
How in the hell is her price rebounding so fast? MM17 has only been out a week and it's already going back up. She managed to get down to the $60's for a bit but as of this posting she's already back up to $80. At this rate she'll overtake Goyf What's going on?
"Goyf Effect". When a high-power, 4-of, signature card sees a reprint for the first time, at Mythic, in a short-printrun, high-cost set like Modern Masters, the price ends up going UP, not down. This is because people will open one copy and say "Wow, this is amazing, I can finally play Jund. I just need three more Lilianas!" So while supply increases, demand increases by a significant amount as well, and the end result is that the card ends up at a higher price. Goyf went from around $100 to nearly $200 after the first Modern Masters, and it's taken two more printings to bring it back down to the $100 range.
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Looking at ebay, I see a slight trend back up, but that's normal after the initial flood gets bought up and supply begins to stabilize a bit more. I saw prices bottom at around $68 for NM copies (outside of a couple of lowball listings), and now I see (other than another lowball listing) the bottom seems around $75, which is about a 10% increase from where it was, which can certainly be how popular mythics from a modern masters set can trend after the initial decent price drop.
We'll have to wait and see how things shape out in the long-term but for now a stabilization between $75 and $80 seems about right.
One thing people often fail to take into consideration with modern masters sets, is that in general while the rares may certainly drop by 50% (or more) except for the most popular tournament staples which will drop closer to 33% before stabilizing, mythics from the sets tend to drop closer to 25% for the tournament staples before stabilizing. The more demand for the cards from those willing to spend the money on them there is, the more likely you will see significant pent up demand stepping in to pick up the additional supply of cards as the price drops that will effectively put a floor under the price of the card by keeping supply from exceeding demand below that level.
"Goyf Effect". When a high-power, 4-of, signature card sees a reprint for the first time, at Mythic, in a short-printrun, high-cost set like Modern Masters, the price ends up going UP, not down. This is because people will open one copy and say "Wow, this is amazing, I can finally play Jund. I just need three more Lilianas!" So while supply increases, demand increases by a significant amount as well, and the end result is that the card ends up at a higher price. Goyf went from around $100 to nearly $200 after the first Modern Masters, and it's taken two more printings to bring it back down to the $100 range.
Currently Playing:
Legacy: Something U/W Controlish
EDH Cube
Hypercube! A New EDH Deck Every Week(ish)!