Posts Tagged ‘Reprint Policy’

We’ve talked and discussed a lot about the reprinting of old cards, the WotC policy, etc… Well, the solution to the problem is to force collectors such as Dioup77 from Solo Moxen to sell some of his stuff. Check this out!

More duals?!

Following our discourse on the potential Breaking of the Reserved List, the community and Wizards of the Coast seemingly need to contemplate a solution to the spiraling cost of older cards if Wizards’ feels that these prices are too high and would prevent a legitimate barrier of entry for newer players. If Wizards’ is going to respect the spirit of the Reserved List and not undermine it dramatically using the foil/premium loophole, what can be done to increase supply and thus lower prices on key Legacy staples? I would suggest that the first thing to do is to look at what cards are priced high, and look at those that are not on the Reserved List that could safely be reprinted without breaking the Reserved List.

So what are considered some Legacy staples that are not on the Reserved List that could theoretically be printed in future sets with little or no repercussion? There are quite a few cards considered staples that have risen to relatively high prices very quickly, so ignoring cards that have already been reprinted let’s look at some cards that I believe could all be reprinted in upcoming sets and aren’t too powerful for the current Standard and Extended constructed environments.
Force of Will – aside from Jace, the Mind Sculptor, Blue is relatively weak in Standard and Extended, and including Force of Will in a normal set as either an uncommon or rare would drastically increase the supply and reduce the price from about $35 to $5-10
Wasteland – with apologies to Ghost Quarter and Tectonic Edge, there isn’t very good land destruction available to mages right now in Standard and Extended, and by reprinting this as an uncommon the price would drop from the current $18 price tag down to about $2-3 (where it used to be for years), and would also help keep the overpowered Thopter Depths deck in check in Extended
Tarmogoyf – this beast is currently in the $65-70 range and isn’t even legal in Standard currently (when it was it tipped the scales at about $30)! It’s certainly not too broken for any constructed format, and as it was unveiled in Future Sight, the reasoning behind reprinting it could be that Future Sight was merely a preview of what was to come (more Tarmogoyfs, yippee!)
Orim’s Chant – while often decent and sometimes above average, Chant was never broken in Standard and Extended, and reprinting this would drop the price from about $14 to $5
Argothian Enchantress – certainly a powerful card, nothing about Enchantress would break Standard or Extended, but the price would certainly drop considerably if this $12 staple was reprinted
Exploration – currently hovering around $15, this would be powerful in conjunction with Life From the Loam in Extended, and could potentially be awesome with some kind of Landfall cards (which would actually make for a very interesting deck, but I wonder why we haven’t seen any of these interactions in Legacy if they had serious merit). Neither of these interactions would probably wouldn’t be format defining, and reprinting this Legacy staple would drop it to around the $3-5 mark I’d predict
Chain Lightning – if Lightning Bolt, Incinerate, and Lightning Helix are fine in Standard and Extended, I think it would be safe to say that Chain Lightning would also be safe (hopefully once something else rotated out), and reprinting this as an uncommon would drop this $10 staple into the $2 neighborhood
Imperial Recruiter – along the lines of Ranger of Eos, this card would be very fair in Standard and Extended, and reprinting it as a rare would probably drop the price from its current $120 price tag to about $5-10
Imperial Seal – Vampiric Tutor was not a problem when it was legal in Standard and Extended for the longest time, and a sorcery speed one would fit very well in today’s constructed environments. Reprinting this would admittedly do nothing for Legacy as it is banned there, but it would drop the price from $200+ currently to around $15, and would be a huge boon for Vintage players
Entomb – the unbanning of this Legacy bomb and recent success have driven this staple to around $30 and counting. This would not be too strong for Standard and Extended, and reprinting this in a future set would probably drop the price back down to around the $3-5 mark it sat at for quite some time prior to it’s unbanning for Legacy
Ancient Tomb – this could provide a useful but not broken accelerant in Standard and Extended, and reprinting this as an uncommon would drop the price from $5 to $1-2 moving forward

Reprinting all of the aforementioned cards fits would drop prices of these cards considerably, and I don’t believe any of them would be too powerful for Standard or Extended. That being said, here are a handful of cards that probably are too powerful for those constructed formats, but could be reprinted in a different way to ensure they are never in Standard or Constructed.
Loyal Retainers – this would probably be too good in the same Standard or Extended format where Entomb is legal (along with Iona), so I would lean towards making this Portal 3 Kingdoms uncommon a Friday Night Magic foil, which would heartily increase the supply and dramatically reduce the price, while keeping it out of those constructed formats
Price of Progress – I get the sense that the game’s designers have been trending towards getting people to play multicolored and rainbow decks in constructed formats, and with all of the other burn spells available right now in Standard and Extended I think this would be too good, so giving it out as a Friday Night Magic card instead would create foil copies of it and satiate the market demand
Dark Depths – having 20/20 indestructables crawling around Extended seems to be ok, but this would most likely be too powerful for Standard, so reprinting this as a Friday Night Magic foil would create plenty of copies, while reducing the price of this from $23 to about $5-10 in short order
Grindstone – having the Painter’s Servant and Grindstone combo running around a format like Extended would be too powerful and consistent, so reprinting Grindstone as a Judge foil instead would increase the supply enough to probably drop Tempest copies from $18 down to about the $6-8 range

So, what about all of the other awesome cards that are in Legacy that have high price tags? Running through Stephen Mendendian’s nice article The Complete Legacy Checklist, here are the main cards with a significant price tag that the Reserved List would preclude Wizards’ from printing:
Underground Sea
Tropical Island
Tundra
Volcanic Island
Scrubland
Bayou
Savannah
Taiga
Badlands
Plateau
Tabernacle at the Pendrell Vale
City of Traitors
Gaea’s Cradle
Undiscovered Paradise
Lion’s Eye Diamond
Mox Diamond
Moat

That’s only about 17 relevant cards with a significant price tag for the format that fall on the Reserved List. There are handful of other smaller cards that are on the Reserved List (such as Humility, Cursed Scroll, Volrath’s Stronghold) that don’t see too much play and can generally be had for $5-10, but these are relatively affordable already so their isn’t much necessity in reprinting them. Many of cards above are Dual Lands that are integral to the format, but by most people’s best guesses and calculations there are around 340,000-360,000 copies of each Dual Land in existence, which I believe is more than enough to support a burgeoning Legacy population. That’s a full playset for nearly 90,000 players as it currently stands. Yes, I know that some people are holding on to more than a playset, just like some people are holding on to 150 Force of Wills. Magic was intended to be a collectible card game as we all know, and these things come with the territory.

The entrance cost has already been paid by a great number of players who wanted to jump into the Legacy format with the announcement of the two Legacy format Grand Prixs in 2010 and the continuing StarCityGames $5K Legacy series, and these are the primary reasons prices for certain cards have climbed so rapidly. Grand Prix Madrid 2010 just set the Magic tournament record with 2220 participants, and Grand Prix Columbus 2010 will probably clock in with around 1000-1400 participants. But after most players have already jumped in it appears many prices have leveled off. Cards like Tarmogoyf have already kind of hit that threshold and have begun cooling a little bit, but that doesn’t mean other cards won’t gradually rise or occasionally spike like they do for other constructed formats when some new deck tech is found. But is a $29 Savannah or $40 Tropical Island really a terrible thing, especially in the face of $45 mythic rares like Jace, the Mind Sculptor and Baneslayer Angel that are commonly played in Standard? Is it a terrible thing to have a collectible card that you know will not be reprinted, and won’t rotate out of a format every two years and lose 85% of its street value (like most Standard cards)?

Every single card does not have to be affordable, nor has it been for about the last 10-12 years once more and more people started playing Magic. By slowly reprinting a large number of staples that are not on the Reserved List, Wizards’ can dramatically reduce prices for those staples while simultaneously lowering the barrier of entry to Eternal formats for a great many players. Doing this would allow for more player interest in older formats while avoiding a perversion of the original intent of the Official Reprint Policy.

Please let us know what you think in the comments section below. Thanks for reading!

Over the past couple of months there has been much consternation and discussion in online forums and articles discussing the rise of prices in older Magic cards. There has also been much discussion lately of the Reserved List on the Official Reprint Policy.

In Stephen Menendian’s recent article Visiting Wizards, Reprints, and the Reserved List he posits that “You could print a million new Underground Seas in M11, and Alpha and Beta Underground Seas would probably not budge in their value or collectability. In fact, they might become more valuable!” Frankly, more asinine words and a conclusion based on many unaccounted for factors have rarely been written. The basic laws of economics tell us that if demand is relatively even and supply increases, price will naturally go down. Time and time again, history has shown us that when cards are reprinted (and supply is increased) they lose value.

When the original Chronicles set was released Magic players and collectors alike were taken aback and shocked. A “collectible card game” was reissuing some of the game’s most sought after and expensive cards, setting an alarming precedent. Cards like the Elder Dragons (Chromium, Nicol Bolas, Palladia-Mors, etc.) from Legends dropped from $30-40 to $5-10 within weeks. Legends printings of these cards can currently be had for $1-5 each, and Chronicles and Timeshifted copies can be had for $.25 to $1. Carrion Ants (from Legends) was a $30 card (based largely on collectibility and not the amount of them being played) dropped to $2 in a matter of weeks. Today a Legends copy of Carrion Ants is about $1 and the Chronicles reprint versions are about $.25 each. Erhnam Djinn was once considered the little brother of Juzam Djinn, as was once worth about $35-40 for an Arabian Knights copy. After it was reprinted in Chronicles the value dropped considerably, with today’s prices ringing in at $5-10 for an Arabian Knights original, and a Chronicles reprint clocking in at a mere $.25.

Psionic Blast was originally printed in Alpha/Beta/Unlimited and for a long time was a very sought after item, typically priced at $30-40 for Alpha/Beta copies and $18-25 for Unlimited copies. After it was reprinted in Time Spiral’s Timeshifted subset those same original copies are now selling for $15-25 for Alpha/Beta and about $4-5 for Unlimited, while Timeshifted copies can readily be had for $1 each.

Pithing Needle, which Stephen himself has reviewed in prior articles and is intimately familiar with, used to be a $15 card (this price, and all others I’ll talk about here are what I’ll refer to as the “street value,” or how much they can regularly be had for on eBay/MOTL/etc.). Pithing Needle was originally printed in Saviors of Kamigawa, and demand has always been steady but not overwhelming. I would argue that demand is about the same today as when it was originally printed and is played a moderate amount in many constructed formats. When it was reprinted in Tenth Edition the value dropped to around $9, and it has once again been reprinted in Magic 2010 (M10) and the value has dropped to an astonishing $3 or less. Demand has stayed roughly the same, yet the supply has dramatically increased, leading to a dramatic reduction in price.

For quite some time Meddling Mage remained valued at $10-14, even when it’s popularity and playability waned in Standard and Extended. It was rotating out of Extended finally as part of the Invasion-Prophecy-Apocalypse block and started to slightly fall in price to around $9, but it was then reprinted in Alara Reborn. So what happened to the price? Well, naturally since the supply doubled and the demand remained about the same the prices came crashing down. Meddling Mage from Invasion can now readily be had for about $5-6 and Alara Reborn copies go for about $4.

I could continue to cite example after example of where reprints have crippled the value of original printings, but I think if you’ve ever picked up (and understood) an economic textbook or spent time seriously buying and selling Magic cards, you probably get the picture. To suggest that reprints of cards like Dual Lands and Power 9 wouldn’t cripple the value of the original printings is either an uneducated, disingenuous, or intellectually dishonest point of view.

Another issue that Stephen ignores in his quoting of prices for Alpha/Beta/Unlimited/Revised/10th Edition/M10 for cards like Shivan Dragon and Birds of Paradise is the fact that there is a major drop off from Alpha/Beta to everything else, including Unlimited. As my teammate Jason Pare pointed out to me, you can’t have a serious discussion about reprinting cards like the Power 9 without looking at the fact that roughly 82% of the Power 9 that are in existence are not Alpha/Beta, but Unlimited. You know, the same Unlimited that Stephen shows in his chart amongst all of other printings that represents a small percentage of the total pool in his Shivan Dragon and Birds of Paradise examples. If Power 9 were reprinted the value of these would drop like a rock, decimating the value of 82% of the Power 9 overnight. The set collectors will still want their Alpha/Beta Power 9, but most other people would gravitate towards a cheaper and also black-bordered foil version for a fraction of the price. This migration would also signal a reduction in the price of Alpha/Beta copies for this very reason, albeit not as devastating as the huge loss Unlimited owners would see.

Part of the reason the Power 9 has increased to dramatic prices is because aside from the fact that they are some of the most powerful and rarest cards, they have never been reprinted and are currently never slated to be reprinted according to Wizards’ own published Reserved List Policy. They have essentially become Vintage Gold because the consumer has placed faith in the manufacturer that a set number of these exist (solidifying their rarity and collectibility), and because of this they can be viewed as a valid investment vehicle. Without this assurance from the manufacturer they would not be worth nearly as much.

The function of the Reserved List is to assuage fears of players and collectors that their collectible card game will actually maintain some semblance of collectibility. Wizards’ formally acknowledged the giant mistake they had made by printing Chronicles and created the Reserve List as a response to grant the consumer some basic protections. It represents a contract with the customer meaning “we (the manufacturer) will not violate your consumer confidence in us.” This contract with consumers was necessary following the backlash and departure of players following the release of Chronicles. By altering policy and breaking the Reserve List and changing course, Wizards of the Coast would have lied to their customers for the past ten years and effectively reduced any incentive to consider Magic cards any sort of investment or an actual collectible card game, as it has always been marketed as. To this end the Reserve List is accomplishing exactly what it was created to do.

In the past few years Wizards’ has exploited a loophole in the Official Reprint Policy that states that “All policies described in this document apply only to non-premium, tournament-legal Magic cards. Wizards of the Coast has and may continue to print special versions of cards not meant for regular game play, such as oversized cards.” They have designated foil cards as premium cards to fit the bill and to create a loophole to essentially allow them to reprint whatever they want (see: Phrexian Negator, Phyrexian Dreadnought, Intuition, Survival of the Fittest, Karn, Silver Golem, Yawgmoth’s Will, etc.). But looking at the wording of the revised Reprint Policy it says “All policies described in this document apply only to non-premium, tournament-legal Magic cards. Wizards of the Coast has and may continue to print special versions of cards not meant for regular game play, such as oversized cards.” Does this sound to you like their original intent with that exception was to print foil cards used for tournament play and as a mechanism to reprint hard to find cards to increase market supply? I don’t think so. The original intent appears to simply allow them to reprint things like the oversized cards they used to print, or box-toppers, or promotional items, or things of that nature that would not be used for tournaments and by actual players. But by designating foils as premium they have created a loophole with which they can twist the Official Reprint Policy and effectively negate the entire thing.

By using a loophole to reprint cards on the Reserved List and simply designate them as ‘premium,’ Wizards’ is shaking customer confidence, and the outcry by many players can be heard on whatever message board you fancy. But the biggest outcry is the unspoken one, by players who believe that Wizards’ will do the right thing and respect the Reserved List, which is their contract to the consumer. This outcry will not truly be heard until the point when we see the Reserved List being violated in a notable way. Creating something like From the Vault: [Underground Sea and a bunch of other Restricted List goodies], and then following it up with a bunch of other similar boxed foil sets would create a terrible precedent and would achieve the same thing as just reprinting cards in a modern edition. The same could be said for creating all foil (i.e. premium) booster packs full of Reserved List cards. This would decimate the consumer confidence that the Magic brand has achieved, and I believe would lead to the departure of a significant number of players. Many people drawn to games are smart, and they can probably tell when something is going the way of the Dodo bird, or is in the process of jumping the shark.

So if cards like Dual Lands and others are rapidly rising with the increase interest in Legacy, what can be done to offset this and make Legacy more palatable to the wallet? Check out our next article in this series,