Over and Under - May 2023
News never sleeps. Or more specifically in Magic’s case, the product pipeline never stops.
Since our last edition of Over and Under, we’ve had the full release of both
Even so, most of this has been limited to simply market noise, without much staying power or significant effect. I say most, because there has certainly been a diamond in the rough. But before we get to that, let's start things off with a recap!
When we last looked at Leeches, this obscure reserved list speculation was hovering around the $18 range, with a price eroding significantly after a recent spike largely attributable to the renewed presence of poison counters in the Magic zeitgeist. In the month since then, Leeches has fallen back down to the $15 mark. While $3 in a month might not sound like a lot, it is representative of a near 15% weakening of the price, a trend which doesn't seem to be stopping anytime soon. While Leeches will almost certainly stabilize higher than its pre-spike price due to it being a reserved list card with increased demand, it hasn’t found its stabilization level just yet. Even if you really want a copy of this card, I recommend holding off for the time being - similar to overhyped Standard cards right after a prerelease, the market is softening now that demand has cratered.
Unlike Leeches, our undervalued pick of last month hasn’t had much of a price trend in either direction, which is to be expected given that it was reprinted in large quantities only several months ago. Mystic Remora continues to be a crucial piece of any Commander deck that can run it, and now that the price is below the $5 mark it has become readily accessible to its principle demand audience: players. It will likely be some time before Mystic Remora begins to tick back up again, but the card has already reached its bottom and won’t be any cheaper any time soon. If you need a copy of Mystic Remora, I implore you to grab one while it's as cheap as it is now.
Alright, now onto the new picks for the month, starting off with our overvalued selection.
Back in our March edition of Over and Under, I wrote about the enemy-colored Fetchlands and how they had reached all-time lows.
A bit of a disclaimer regarding something I mentioned briefly earlier - when I say ally Fetchlands, I’m going to be discussing the price of their Khans of Tarkir printings specifically. Without getting too in depth, the principle reason for this is supply. The original
The mass availability of enemy Fetchlands has had an inverse effect on the price of their ally counterparts, as renewed excitement from players to invest in more developed manabases - those necessary to play Modern, for example - has had the consequence of increasing demand for the ally Fetchlands as well. Think of a player trying to play Jeskai (Red/White/Blue) in Modern for example - while the affordable
Fetchlands sell sets like hotcakes.
Moving next to a recently released reprint, however, it is time for our undervalued pick of the month.
Alright, onto the monkey in the room. Ragavan, Nimble Pilferer has been the bane of numerous formats since its release, racking up a ban in Legacy and a blisteringly high share of the Modern metagame. Alongside that success, it also racked up quite a hefty price tag, with the initial
This continued demand is key to understanding why Ragavan looks to be quite the value pickup right now. Since it can be found in any booster pack of
|Ragavan, Nimble Pilferer|
|Modern Horizons 2|
|March of the Machine: Multiverse Legends|
|March of the Machine: Multiverse Legends|
The market for staples right now is a bit of a turbulent one, but overall it is certainly trending in the favor of cheaper singles and broader availability to players in the months to come. Ragavan is the cheapest it has ever been despite its widespread popularity, a new and upcoming Masters set serves as yet another opportunity for the reprint (and corresponding price crash) of the ally Fetchlands, and Commander allstar Mystic Remora is at an all time low. Check back next time where we’ll look back and see what’s over, and what’s under.
Check out these other articles:
Reinventions by Jason Alt
Modern Times - Ragavan, Yawgmoth, Aether Vial by Corey Williams
Hidden Gems #3 - Something Colorless This Way Comes by Adam Berg
Harvey McGuinness is a student at Johns Hopkins University who has been playing Magic since the release of Return to Ravnica. After spending a few years in the Legacy arena bouncing between Miracles and other blue-white control shells, he now spends his time enjoying Magic through CEDH games and understanding the finance perspective. He also writes for the Commander's Herald.