@@johndoe-uo1go WATA Games (the main grader of classic games) was owned in part by Heritage Auctions (the auction house that sold the games). The auction house, like every other auction house, takes a cut of the final sales price. So it was in the auction house's financial interest to have WATA overprice and inflate the cost of the games. The million dollar Mario game? Purchased by an affiliate of Heritage Auctions. Sold by an affiliate of Heritage Auctions. It was a scam friend, prolly should educate yourself on that one
One important thing I've learned from Rudy over these past 5 years of watching him, is never let your emotions dictate your decisions. That's the best piece of advice. Thanks Rudy Dude
... IN FINANCIAL STUFF! Please make that difference. It is proven (by real biologists and psychiologist) that decisions made fast and by your first intuition - EXCEPT in finances - make you happier. Like what do I want to order for dinner? Do I want to flirt with that person? Should I buy Strawberry jam or Nutella (both, obviously...)? Otherwise you might become a sad, lonely robot.
@@Flotube444 I would be a sad lonely robot if I didn't buy more cardboard, and listened to all of the fear, and negativity. I'm fortunate enough to be financially stable, so I don't have have to sacrifice a home cooked meal over a booster box.
I have been playing and collecting (on and off) since revised. I will still play old school and casual commander but I have purchased my last MTG product. I am not actively looking to offload my whole collection, but will start to sell items I don’t play with. It’s sad, but I am genuinely done with Hasbro and new Magic.
They've obviously worked out the right pricing to pack ratios to squeeze as much money out of consumers as possible. What a joke, but hey, it's just one product among a slew that they're putting out and LOTR was a banger in my books!
FIRE is what changed things. Current MTG doesn’t seem comparable to itself prior to it. Add reprint speed, commander and power creep - these are the other catalysts accelerating the decline of MTG collectibility.
If you think, the Gouvement & Big compagnies have all the money, why is it, that QE, QT dosent work, on some inviduels at this moment, the power have shifted, the Gouvements & Corporations has not noticed yet, they are delusionel, it is horrible for them, that some people have gone so off grid, that they have no power of them anymore, CAPITALISME is really the ultimate freedom game, best system in the world 👍🏻
@@Estringman That's because most people don't know how to budget and save. You'd be surprised how many people making 6 figures are living pay check to pay check.
@@Habeev07 Wrong. I'm not hurting for cash and I've sold out most of my singles and sealed product. WoTC has continued to devalue everything with their incessant printing singles and product into oblivion.
This time it's different, booster boxes are being sold for ridiculous prices. Commander Masters collectors with 4 packs... Set boosters for 700aud, yeah get fucked WOTC.
I sold my entire inventory at the PEAK of the PEAK in 2021 after having roughly 1 million cards pass through my hands for years buying and selling collections individually. I was only interested in draft for the mental challenge and commander (only for high caliber trade ups in between matches) Needless to say I couldn’t be happier to have stepped away when I did. Chose a different route with investing.
You couldn't have sold out a better time. Really anyone who didn't sell missed a once in a lifetime opportunity. You could have made stupid and bought all theses cards you wanted back for half. Not all cards half but. I sold a huge lot for me and lost so much money from buying last 2 years. I feel so dumb. But needed cash to pay some legal stuff. Still love this game.
Same. Sold bulk of everything in late 2021. Rest about 4 weeks ago. Couldn't be happier. Still enjoy playing on Arena/MtGO and it's actually cheaper to play online even with the cardboard dropping to the basement of a Taco Bell in Rudy's parents house.
We saw all those reports over people being over leveraged with credit card debt a half year ago, with Magic people tending to collect beyond their means I wonder if your observations are part of a larger market trend of liquidation.
I have been buying Revised, 6th edition, Urza's block, Tempest Block, Mirage block, Mercadian block and Invasion block booster boxes and I couldn't be happier. These sets are all slowly going down and this could be the LAST CHANCE to get any of these boxes for around a couple grand. My plan is to draft them with my play group over the next 20 years having an absolute blast the entire time.
Key to what? He is buying collection to makeomey not for what he likes. Rudy's #1 goal is to make money nothing else. It's a shame at best then saying he cares about the hobby lol!
Really need to get rid of that “smart money” label. it’s “corrupt insider trading money.” They aren’t smarter at all. It has nothing to do with how much closer they could get to solving unsolved math problems.
As someone who isnt WPN and relys on buys for their business, ive never seen the sheer amount of card collections on the market right now. It feels like hurricane warnings are in the air and everyone is trying to get out.
Everyone should. The writing is on the wall. WOTC is going to print value into the ground. Anything that is not on the RL will soon be worth $10 max, and because of that, modern sealed boxes will not worth a damn.
No worries imo. Sheep get despirate. Markets are cyclical. Prices are only going up long term. Vintage cards are special. The People are just hurting right now and selling. Simple.
@@sanctred But WoTC will just reprint them in the same special treatment. Look at Urza, for example. The price of that plummeted when they reprinted the retroboarder in Dominaria Remastered. Also, the more and more special treatments they do of a singular card, the less valuable the other treatments become. Plenty of examples of that.
big difference between something they can reprint and something they can’t tho. Serials are already forcing them to do “special edition collectors box” because they can’t even do a 2nd wave
I was a high-power EDH and cEDH player until fairly recently. I sold all of my complete decks for a shit ton of money privately. I've fallen out of love with the game for years at this point and would rather convert those decks into stuff I actually enjoy.
I just want a playgroup. I moved to a one stop sign town, I’m to old to play at the closest game store ( about an hour away ) to try and make friends with college kids that look like something from rocky horror picture show. If they want to wear lingerie to fnm whatever but I’m not sitting across the table from that.
Yeah rtr block was peak magic, the last hurrah for me. Best standard(jund, bant), best modern(splinter twin, pod), best legacy(too many decks to name), best vintage(best price point and popularity) and best edh formats and the beginning of the end of the best releases(original masters/ftv) Khans block was awesome too but nothing can compete with that era. After khans magic kind of took a nosedive. I’m glad I sold at peak clown world prices time(2020-2022).
@@davidhowell1415ngl goth girl pussy goes crazy, but I can understand if you're a married man in your 40s you might not be into that kind of life anymore
My local video game store ( been there for 30+ years ) is only taking some games in right now.. like easier to sell stuff. No low end games or high value items.. never remember them turning games away before now.
When I was a kid I traded in N64 games for a gift card. Later I came back and he told me that my gift card was only worth half because new consoles came out. Lol
_“Know, O Prince, between the years of the age of Beanie Babies, and the end of the world in the Cruel Summer of 2022, there was an age undreamed of, when shining LGSs lay spread across the world like blue mantles beneath the stars . . . Hither came Rudy, the Floridian, with hairy arms, and crazy hair, a pumper, a dumper, a cardboard scammer, with gigantic heavy bags and gigantic hype, to tread the cardboard binders of the world under his sandaled feet.”_ -The Chronicles of Jacksonville
Modern Masters 2017 is when I knew we were on the decline. Released in March just after Eternal Masters had it's "surprise" drop of half the set's boxes in December. Then we get another Masters set in Nov, and we haven't jumped off the new product train since. Oh sure, the market pushed back and they had to cancel masters sets for a while, but that was only until they could figure out more ways to jam more cards down our throats.
I'm primarily in sports card, but am dabbling in graded Pokemon cards and other graded TCG cards. I'm of the mindset that there is still a lot of room to fall. Which is fine by me, I see a lot more grail type of cards ending up on the markert for cheap prices ( I assume they are selling to cash out or help pay some bills). It feels weird to be greedy in this time, but this is also the time if you are patient and stay the course, you can acquire some rare and valuable items for cheap.
Liked for the "I don't know man, I don't know", because admitting that it's all a big guessing game of Luck & Risk is rare. (I would have Liked anyway though cause Rudy's a Taco-Bro.)
Why didn’t Rudy unload EVERYTHING he had from all those years at the all-time highs that took place in 2021? Did he think it would go even higher than what it did during the pandemic years down the road? Times like 2021 is exactly what people in his position were waiting for no?
Legit i havent bought any magic in a year and a half. And rudy can tell ya. Ive only made like 2-3 purchases from him the entire time ive been a patron. Love the videos love the content creator. Bery apathetic about the game lol. I actually took my ccg money and started buying equip to (and subsequently got into) growing my own cannabis. Its legal here and i have a medical card. Ive grown about $8k in weed in 2 years. It's fun!
Rudy, this time what's different is the economics. Only time will tell if Hasbro/WotC will be written into history as another Blockbuster or endure the test of time...
I remember playing Magic at a time when it felt like the best sets were behind us and that Wizards was churning out nothing but garbage. The year was 1995. I first starting playing right after Legends came out, and it was crazy. Wizards had underestimated demand so drastically that stores were rationing booster packs to 2 or 3 per customer, if you could even find them. Revised had replaced Unlimited, and Lotuses were selling for the unheard of price of $150 each. And then came The Dark, which was OK, but it certainly wasn't Legends 2.0, and then Fallen Empires, which is rightfully known as one of the worst sets in the entire history of Magic, and then Ice Age, which appeared to be nothing more than a suckier re-boot of the game we already knew and loved. I know quite a few folks who thought that this was it, and sold their entire collection in '95 because the game was only going to keep getting worse. This included myself. I was graduating college, and wasn't sure I'd have time to keep playing, so I sold my entire collection (including an unlimited set of the P9) for 2k, and stopped playing for over 25 years. My own son is in college now, where he was introduced to the game, so I decided to pick it up again. However, I'm only playing Pauper because to me, it's first and foremost a game - not an investment. Pauper lets me play on the cheap without worrying about the day to day flucations of the market. I view my cards as a sunk cost, and if the value of the cards on the open market went to 0, I could still have fun playing. It also feels a lot more like M:tG did back in the early 90s, before insane power creep led to games where you might as well resign if you hadn't won by turn 4. As a general rule of thumb, the instant anything starts being sold exclusively as a collectible (be it baseball cards, coins, comic books, toys, or whatever) is the time to start buying. The rare and valuable stuff is what was produced before everyone anted to collect it.
Hot take on the lack of cash buying. I don’t think we’re at a bottom, I believe we have a lot of volatility in the market. Because there’s a lot of reprints and variants on cards. They’re likely taking a conservative approach, much like the entire community, and watching the market. I would be amazed if they continue to not buy for more than a couple weeks.
Inflation went crazy because of excess liquidity. The M2 money supply is still way too high and more people need to lose out before inflation is tamed and rates get lower. I don't expect the market to keep growing constantly, because Powell will probably do another 50 bps rate hike if things get out of hand again. Who knows. Rates are still inverted and we haven't had the crash yet, and whether that takes 1 year, 2 years, or more, being unleveraged and having excess cash to absorb things on the way down will be the way to go.
Also I think it is fair to compare collectables to the markets. What's the difference? There's a buy side and a sell side, bid/ask spreads, and trade volume, price discovery and all that stuff. I'm not rich, but I still have about 20 boxes I've been holding for 4 years. It's easy for them to just keep sitting for twice as long.
You’re not alone Taco King, I too keep buying vintage, just picked up a bunch of bulk yesterday at 8 cents a card, and low and behold, it was chalk full of low end RL cards and bulk vintage rares. Hold steady and stack cardboard.
for me the beginning of mtg dhow term was introduction of mythic, before that every boster box have value at least during opening you can always improve collection velour, after that is a boom or bust it depends of luck on mythic spot (by the way is me or every mythic busted in commander never get a ban but if is a rare get the hammer- lets see if the *orcish bowmasters* get the ban but cards like Ragavan and Dockside Extortionist don't )
I’ve finally come to the conclusion that MtG just doesn’t give me joy anymore. The only format left it feels like for someone like me is cube which doesn’t give a shit about what WoTC does or does not do at this point.
I am one of those people who have sold off 95% of my MTG sealed and single collections(to include some RL) and have thrown it all into Pokemon. Why? Because WOTC has shown zero respect and absolute disregard for their players, their players collection values, and the game as a whole. They are turning MTG into 90s sports cards.
I haven't been physically involved with Magic since 2018. A lot of Arena in 2019. Once '20 happened, I've thought about just dumping my collection to fund a new hobby I've gotten into. Though, now it seems too late as I see other people getting out as well. Maybe I'll hold on to it anyways for the memories. By the way, a lot of rare items I was looking for in my new hobby have been popping up on a broker website as well. Seems that in these times a lot of people are selling extra, unneeded items laying around.
It all depends on whether we go back to the confident days where people have enough disposable cash to speculate. Historically people never think things will collapse in the first place but they hold tight through the rough stuff. Only people with excess cash and a touch of madness would buy a house while its burning, but it made Crassus the richest man alive because he did what others werent bold enough to do. However by the nature of the crisis only blue chip items will hold value anx everything is expected to go cheaper, which fails to stimulate z recovery.
Sorcery is gonna bring everyone back into Old School magic ... And that Pendulum swing will be huge. I see people play World of Warcraft, and go back and forth with it. Not so much Rift or other failed WoW clones
I started selling my collection on TCG player myself in April. It's just not feasible for me to keep up with MTG anymore. With the Commander Masters spoilers, it makes me really happy that I was able to unload nearly every card that's getting reprinted. Have fun with the cardboard crack, Timmys!
Took a year off from MtG starting the end of 2021. I found myself getting into FaB and now Im trying out Sorcery. Im hanging onto my MtG cards, but Im not missing the game much.
Rudy is still my idol...he's the best. Market doesn't just stop in an instant. So whatever Rudy buys now, Rudy buys it low. And still makes sure that he is in a good position to sell it for a profit.
@@abrahamdrinkin2534 there's grumblings. The real kicker will be this: does the Canadian government want the easy 50%+ tax cut of the One Ring's sale, or do they want to take the fight and try to milk Hasbro in court? Birds and bushes and all that. If they really stood by the spirit of their laws, it would be in their best interests to at least raise a stink. But it would be so much easier to just let it slide, take the money, pretend this isn't technically gambling. It's probably going to come down to which enterprising official(s) or office(s) thinks they can take it on and score points, which could blow up in their face(s) if the costly lawsuits go nowhere. Hasbro would be forced to go for the throat, use the entirety of the resources at their disposal, as this would constitute a fundamental threat to their business practices. It would not be an easy fight. Even if it cost them more to defend the ring than they made selling the ring, it could be a wise move to shell out money now in order to secure these practices for future use. Man, if the Unibomber wasn't already outed as a narcissistic, bloodthirsty murderer who sought to retroactively justify his misanthropic, homicidal worldview, I would say he was onto something with that little rant of his. Stopped clocks are right twice a day!
@@leethax100 booster packs have always been a form of gambling for many. Serialized cards now makes it just straight up gambling, no different than a loot box/lottery ticket/etc
This move will have biggest shockwave that anybody could ever think. The only reason to have magic cards is that they could be liquidated for cash. Take that away and now all you got is cardboard to buy cardboard.
Hasbro is milking the Magic The Gathering cash cow as quickly and as hard as possible. They don't care that the udders are shriveling. They don't care what happens to the secondary market. They care about one thing - generating as much revenue for the coming quarter as possible. Magic the Gathering has proved incredibly resilient but I have to wonder if it can withstand the emphasis on short term gains rather than a long term strategy. I play FNM regularly and enjoy the game in a warm welcoming environment with players who love the game. I hope to be enjoying 5 years from now.
People are monkey see monkey do. Basically old magic sets through lots of unpredicted natural means became insanely valuable on the second market. Other people said "well I can just repeat the formula right? I'll buy sealed and wait X years". And since then it's a big mtg hot topic. The chase to replicate the natural value of original magic. If there was a popular discussion of "should we buy this and keep it" in 1993 then it probably would've never gotten nearly as valuable. People try, but can't force a replication of natural events by mimicking them.
Buying singles now on occasion, but tbh I’m getting more and more into Sorcery contested realm. Hasbro isn’t getting anymore of my money. No more sealed for me, financially not worth the price and really hasn’t been since Hasbro took over and the market crash.
I like free things. I like trading, but this does not mean free trade is a good idea. I like projects. I like boosters. I like fun... but this does not mean project booster fun was a good idea. We need experienced economists to tell us that what may seem like a good idea at first is not necessarily a good idea, due to possible economic fallout. Once again, I am asking the board of Hasbro and WotC to replace every single C-Suite employee. When that happens, I will 10x my shares, but if nothing changes, as each month goes by, I am closer and closer to dumping my Hasbro shares and investing in a company with intelligent leadership.
What happens to LGS's in the future? Are they supposed to take all the risk and buy cards to try to maintain an inventory for their customers or only sell sealed product and rely on minute margins of profit to remain open? I don't think they care where we play or the LGS that's clear. But if no one is playing the game whose going to be buying the game. Perfect example is the decline and basically gone standard format
Magic's recent boom was based on the nostalgia of 30 something year olds getting hands on cheap money when interest rates were at record lows. That's all it is. You invested in what you know and now have to catch the falling knife. MTG, like growth stocks, like the housing market, like bitcoin, is a game where you're chasing the profits of the past that are already gone. There could be another cheap money "business cycle boom" for magic cards, but I doubt it. 55 year old men are not going to gamble on it again when they look in their garage and see some sealed boxes of a random set of innistrad in it as their failed get rich quick scheme. I know people who are holding onto magic cards right now because they want to pass them onto their kids as some store of wealth. It's almost impossible for that to be a reality. Just play the game.
‘Collectible’ (definition) - *an item valued and sought by collectors.* It’s difficult to value something which isn’t rare, scarce or valuable. It’s like collecting soda plastic tops, what’s the point?
To me it always looked like strange bubble market. Freakishly expensive hobby at best. Pure speculation and manipulation at worst. What is the value in cardboard with some pictures printed on it?
There's a good chance that over time, the value will increase. Of course, despite your vehement skepticism companies, technologies, and card games do fail. Noted investment vehicle tulips and card games like ophidian or duel masters are due for a rebound any day, just like notable department stores like kmart and toys r us.
The year is 2069.... This is the vlog series of Rudy slowly turning into a Timmy. JK love your brain and the way it works. I feel like everything is fine. I want bigger positions on all of it. I've seen the next generation doing what I did when I was that age. I think it maybe a literal generation away. But my retirement looks f@ckin grade A! I'm not worried at all.
No long term value when WOTC will just reprint anything that held a little bit of value. Force of Will Ragavan Great Henge Jeweled Lotus Ur-Dragon Etc.. Even Sheoldred they reprinted after a couple of months?
Also: the graded video game market was a HUGE scam, my man. It wasn't a bubble, it was a scam lol
@@johndoe-uo1gobruh it was a fugging scam
@@johndoe-uo1go WATA Games (the main grader of classic games) was owned in part by Heritage Auctions (the auction house that sold the games). The auction house, like every other auction house, takes a cut of the final sales price. So it was in the auction house's financial interest to have WATA overprice and inflate the cost of the games.
The million dollar Mario game? Purchased by an affiliate of Heritage Auctions. Sold by an affiliate of Heritage Auctions.
It was a scam friend, prolly should educate yourself on that one
@@johndoe-uo1goit was literally a scam, do your research - It’ll take you 30 minutes tops.
Bubble is the new term for PumpnDump.
@@2rare2die26 what isn't a scam bro. just buy things you like, flip them when the pump is high and buy the next big things before they blow up
The Prof hit the nail on the head when he said Project Booster Fun is more like Project Booster Mon(ey)
One important thing I've learned from Rudy over these past 5 years of watching him, is never let your emotions dictate your decisions. That's the best piece of advice. Thanks Rudy Dude
... IN FINANCIAL STUFF! Please make that difference. It is proven (by real biologists and psychiologist) that decisions made fast and by your first intuition - EXCEPT in finances - make you happier. Like what do I want to order for dinner? Do I want to flirt with that person? Should I buy Strawberry jam or Nutella (both, obviously...)? Otherwise you might become a sad, lonely robot.
Magic 30 causing all kinds of emotional mistakes
@@Flotube444 I would be a sad lonely robot if I didn't buy more cardboard, and listened to all of the fear, and negativity. I'm fortunate enough to be financially stable, so I don't have have to sacrifice a home cooked meal over a booster box.
Kinda funny watching sad, lonely robots interact on an internet comment section.
Every decision we make is influenced by emotions. Pretending otherwise will blind you to that. Realizing when your emotions are illogical is the key.
I have been playing and collecting (on and off) since revised. I will still play old school and casual commander but I have purchased my last MTG product. I am not actively looking to offload my whole collection, but will start to sell items I don’t play with. It’s sad, but I am genuinely done with Hasbro and new Magic.
I was about to preorder a collector's box for commander masters then when i read the description its 4 packs. I instantly changed my mind
They've obviously worked out the right pricing to pack ratios to squeeze as much money out of consumers as possible. What a joke, but hey, it's just one product among a slew that they're putting out and LOTR was a banger in my books!
@@yomommashausLOTR was a joke
Yeah afew people also said they almost fell for it. It’s a trap for those who doesn’t read the description
I bought my first car for less than a box of Commander Masters.
@@natebullock6555nah
FIRE is what changed things. Current MTG doesn’t seem comparable to itself prior to it. Add reprint speed, commander and power creep - these are the other catalysts accelerating the decline of MTG collectibility.
Power creep being significant. What you can do in MTG now compared to just 3 years ago is insane.
People dont have money like they used to. I feel like companies and the government holds all the money
If you think, the Gouvement & Big compagnies have all the money, why is it, that QE, QT dosent work, on some inviduels at this moment, the power have shifted, the Gouvements & Corporations has not noticed yet, they are delusionel, it is horrible for them, that some people have gone so off grid, that they have no power of them anymore, CAPITALISME is really the ultimate freedom game, best system in the world 👍🏻
@@katielowen 60% of Americans live paycheck to paycheck, so at least here, it is not the majority.
Sheep. Markets are cyclical. Prices are only going up long term. People are just hurting right now and selling. Simple.
@@Estringman That's because most people don't know how to budget and save. You'd be surprised how many people making 6 figures are living pay check to pay check.
@@Habeev07 Wrong. I'm not hurting for cash and I've sold out most of my singles and sealed product. WoTC has continued to devalue everything with their incessant printing singles and product into oblivion.
While everyone was buying collectibles in 21, I was selling mine after holding for 15+ years.
Well timed dude!
Now a hell of a hold bro congrats 15 years is something else
I'll never do anything with Magic. Hasbro -- The Greed. Too high. Commander Masters at 400 set boxes...
This time it's different, booster boxes are being sold for ridiculous prices. Commander Masters collectors with 4 packs... Set boosters for 700aud, yeah get fucked WOTC.
You’re right IMO, this time is different because MTG has changed dramatically
I sold my entire inventory at the PEAK of the PEAK in 2021 after having roughly 1 million cards pass through my hands for years buying and selling collections individually. I was only interested in draft for the mental challenge and commander (only for high caliber trade ups in between matches)
Needless to say I couldn’t be happier to have stepped away when I did. Chose a different route with investing.
You couldn't have sold out a better time. Really anyone who didn't sell missed a once in a lifetime opportunity. You could have made stupid and bought all theses cards you wanted back for half. Not all cards half but. I sold a huge lot for me and lost so much money from buying last 2 years. I feel so dumb. But needed cash to pay some legal stuff. Still love this game.
Same. Sold bulk of everything in late 2021. Rest about 4 weeks ago. Couldn't be happier. Still enjoy playing on Arena/MtGO and it's actually cheaper to play online even with the cardboard dropping to the basement of a Taco Bell in Rudy's parents house.
Moon City Games? Full Moon Games? Same thing. We have had a huge surge in customers selling as well.
We saw all those reports over people being over leveraged with credit card debt a half year ago, with Magic people tending to collect beyond their means I wonder if your observations are part of a larger market trend of liquidation.
@FullMoonGames diamond hands. Stay solvent my friend.
I have been buying Revised, 6th edition, Urza's block, Tempest Block, Mirage block, Mercadian block and Invasion block booster boxes and I couldn't be happier. These sets are all slowly going down and this could be the LAST CHANCE to get any of these boxes for around a couple grand. My plan is to draft them with my play group over the next 20 years having an absolute blast the entire time.
You are buying what you like. That's the key.
Key to what? He is buying collection to makeomey not for what he likes. Rudy's #1 goal is to make money nothing else. It's a shame at best then saying he cares about the hobby lol!
@Stocks-Crypto Rudy has said and shown multiple times he both love’s vintage MTG and makes money from it, cry harder Timmy
Hasbro is like the federal reserve. They will always print money when the house needs it, and they will devalue your money without even flinching.
Really need to get rid of that “smart money” label. it’s “corrupt insider trading money.” They aren’t smarter at all. It has nothing to do with how much closer they could get to solving unsolved math problems.
As someone who isnt WPN and relys on buys for their business, ive never seen the sheer amount of card collections on the market right now. It feels like hurricane warnings are in the air and everyone is trying to get out.
It is scary times. Value requires people to hold.
Everyone should. The writing is on the wall. WOTC is going to print value into the ground. Anything that is not on the RL will soon be worth $10 max, and because of that, modern sealed boxes will not worth a damn.
No worries imo. Sheep get despirate. Markets are cyclical. Prices are only going up long term. Vintage cards are special. The People are just hurting right now and selling. Simple.
@@Habeev07 I'm not hurting and I've offloaded basically everything. Wotc us printing value into the ground.
Pokemon is a better buy.
@@sanctred But WoTC will just reprint them in the same special treatment. Look at Urza, for example. The price of that plummeted when they reprinted the retroboarder in Dominaria Remastered.
Also, the more and more special treatments they do of a singular card, the less valuable the other treatments become. Plenty of examples of that.
All the serialized & halo & textured are going to tank so bad it'll worth the same as normal foil
big difference between something they can reprint and something they can’t tho. Serials are already forcing them to do “special edition collectors box” because they can’t even do a 2nd wave
I was a high-power EDH and cEDH player until fairly recently. I sold all of my complete decks for a shit ton of money privately. I've fallen out of love with the game for years at this point and would rather convert those decks into stuff I actually enjoy.
cEdh ruined magic. People optimized the fun out of the game
I just want a playgroup. I moved to a one stop sign town, I’m to old to play at the closest game store ( about an hour away ) to try and make friends with college kids that look like something from rocky horror picture show. If they want to wear lingerie to fnm whatever but I’m not sitting across the table from that.
Yeah rtr block was peak magic, the last hurrah for me. Best standard(jund, bant), best modern(splinter twin, pod), best legacy(too many decks to name), best vintage(best price point and popularity) and best edh formats and the beginning of the end of the best releases(original masters/ftv) Khans block was awesome too but nothing can compete with that era. After khans magic kind of took a nosedive. I’m glad I sold at peak clown world prices time(2020-2022).
The people who love magic the most are the ones who play it the least
@@davidhowell1415ngl goth girl pussy goes crazy, but I can understand if you're a married man in your 40s you might not be into that kind of life anymore
Nothing wrong with going around the speed bumps in an empty parking lot on the way to free tendies🤙💚
My local video game store ( been there for 30+ years ) is only taking some games in right now.. like easier to sell stuff. No low end games or high value items.. never remember them turning games away before now.
When I was a kid I traded in N64 games for a gift card. Later I came back and he told me that my gift card was only worth half because new consoles came out. Lol
Rudy you did the same with From the Vault, and I don't blame you. You can move the market man. Kudos
_“Know, O Prince, between the years of the age of Beanie Babies, and the end of the world in the Cruel Summer of 2022, there was an age undreamed of, when shining LGSs lay spread across the world like blue mantles beneath the stars . . . Hither came Rudy, the Floridian, with hairy arms, and crazy hair, a pumper, a dumper, a cardboard scammer, with gigantic heavy bags and gigantic hype, to tread the cardboard binders of the world under his sandaled feet.”_
-The Chronicles of Jacksonville
On a positive side when you own all the cards you are the market
Modern Masters 2017 is when I knew we were on the decline. Released in March just after Eternal Masters had it's "surprise" drop of half the set's boxes in December. Then we get another Masters set in Nov, and we haven't jumped off the new product train since.
Oh sure, the market pushed back and they had to cancel masters sets for a while, but that was only until they could figure out more ways to jam more cards down our throats.
I'm primarily in sports card, but am dabbling in graded Pokemon cards and other graded TCG cards. I'm of the mindset that there is still a lot of room to fall. Which is fine by me, I see a lot more grail type of cards ending up on the markert for cheap prices ( I assume they are selling to cash out or help pay some bills). It feels weird to be greedy in this time, but this is also the time if you are patient and stay the course, you can acquire some rare and valuable items for cheap.
I wouldn’t sell my collection at least for another 15 years
Rudy you never stand alone,many Timmy like me are alwais beside you,stay the course!!
Stay the course Rudy. You're fine. Keep acquiring and holding.
_Florida Man Scoops Up Unparalleled Amounts of Luxury Cardboard-Stores It Underground at Secure Location_
Liked for the "I don't know man, I don't know", because admitting that it's all a big guessing game of Luck & Risk is rare. (I would have Liked anyway though cause Rudy's a Taco-Bro.)
Why didn’t Rudy unload EVERYTHING he had from all those years at the all-time highs that took place in 2021? Did he think it would go even higher than what it did during the pandemic years down the road? Times like 2021 is exactly what people in his position were waiting for no?
Legit i havent bought any magic in a year and a half. And rudy can tell ya. Ive only made like 2-3 purchases from him the entire time ive been a patron. Love the videos love the content creator.
Bery apathetic about the game lol.
I actually took my ccg money and started buying equip to (and subsequently got into) growing my own cannabis. Its legal here and i have a medical card. Ive grown about $8k in weed in 2 years. It's fun!
You sold your cards to be able to grow weed ?
Medical card ? Lol. Who are you selling to ?
@@ChickenMcThiccken actually legit nobody im smoking it all. Sorry i didnt get the notification i had a comment haha
Rudy, this time what's different is the economics.
Only time will tell if Hasbro/WotC will be written into history as another Blockbuster or endure the test of time...
oldie just buy the dip and keep on keeping on as usual, this is the way
I remember playing Magic at a time when it felt like the best sets were behind us and that Wizards was churning out nothing but garbage. The year was 1995. I first starting playing right after Legends came out, and it was crazy. Wizards had underestimated demand so drastically that stores were rationing booster packs to 2 or 3 per customer, if you could even find them. Revised had replaced Unlimited, and Lotuses were selling for the unheard of price of $150 each. And then came The Dark, which was OK, but it certainly wasn't Legends 2.0, and then Fallen Empires, which is rightfully known as one of the worst sets in the entire history of Magic, and then Ice Age, which appeared to be nothing more than a suckier re-boot of the game we already knew and loved. I know quite a few folks who thought that this was it, and sold their entire collection in '95 because the game was only going to keep getting worse. This included myself. I was graduating college, and wasn't sure I'd have time to keep playing, so I sold my entire collection (including an unlimited set of the P9) for 2k, and stopped playing for over 25 years.
My own son is in college now, where he was introduced to the game, so I decided to pick it up again. However, I'm only playing Pauper because to me, it's first and foremost a game - not an investment. Pauper lets me play on the cheap without worrying about the day to day flucations of the market. I view my cards as a sunk cost, and if the value of the cards on the open market went to 0, I could still have fun playing. It also feels a lot more like M:tG did back in the early 90s, before insane power creep led to games where you might as well resign if you hadn't won by turn 4.
As a general rule of thumb, the instant anything starts being sold exclusively as a collectible (be it baseball cards, coins, comic books, toys, or whatever) is the time to start buying. The rare and valuable stuff is what was produced before everyone anted to collect it.
I remember all the same things happened to the baseball card market. It ran it's course and the market never returned.
Hot take on the lack of cash buying. I don’t think we’re at a bottom, I believe we have a lot of volatility in the market. Because there’s a lot of reprints and variants on cards. They’re likely taking a conservative approach, much like the entire community, and watching the market. I would be amazed if they continue to not buy for more than a couple weeks.
Inflation went crazy because of excess liquidity. The M2 money supply is still way too high and more people need to lose out before inflation is tamed and rates get lower. I don't expect the market to keep growing constantly, because Powell will probably do another 50 bps rate hike if things get out of hand again. Who knows. Rates are still inverted and we haven't had the crash yet, and whether that takes 1 year, 2 years, or more, being unleveraged and having excess cash to absorb things on the way down will be the way to go.
Also I think it is fair to compare collectables to the markets. What's the difference? There's a buy side and a sell side, bid/ask spreads, and trade volume, price discovery and all that stuff.
I'm not rich, but I still have about 20 boxes I've been holding for 4 years. It's easy for them to just keep sitting for twice as long.
You’re not alone Taco King, I too keep buying vintage, just picked up a bunch of bulk yesterday at 8 cents a card, and low and behold, it was chalk full of low end RL cards and bulk vintage rares. Hold steady and stack cardboard.
for me the beginning of mtg dhow term was introduction of mythic, before that every boster box have value at least during opening you can always improve collection velour, after that is a boom or bust it depends of luck on mythic spot (by the way is me or every mythic busted in commander never get a ban but if is a rare get the hammer- lets see if the *orcish bowmasters* get the ban but cards like Ragavan and Dockside Extortionist don't )
I’ve finally come to the conclusion that MtG just doesn’t give me joy anymore. The only format left it feels like for someone like me is cube which doesn’t give a shit about what WoTC does or does not do at this point.
LoZ as a game still holds up, crazy.
@9:29 it's a great indicator in terms of market sentiment
I am one of those people who have sold off 95% of my MTG sealed and single collections(to include some RL) and have thrown it all into Pokemon.
Why? Because WOTC has shown zero respect and absolute disregard for their players, their players collection values, and the game as a whole. They are turning MTG into 90s sports cards.
Poor taco rudy holding all the vintage magic bags
I haven't been physically involved with Magic since 2018. A lot of Arena in 2019. Once '20 happened, I've thought about just dumping my collection to fund a new hobby I've gotten into. Though, now it seems too late as I see other people getting out as well. Maybe I'll hold on to it anyways for the memories. By the way, a lot of rare items I was looking for in my new hobby have been popping up on a broker website as well. Seems that in these times a lot of people are selling extra, unneeded items laying around.
Best time to buy, obviously.
It all depends on whether we go back to the confident days where people have enough disposable cash to speculate. Historically people never think things will collapse in the first place but they hold tight through the rough stuff.
Only people with excess cash and a touch of madness would buy a house while its burning, but it made Crassus the richest man alive because he did what others werent bold enough to do. However by the nature of the crisis only blue chip items will hold value anx everything is expected to go cheaper, which fails to stimulate z recovery.
I don't know 'bout you all but I've been buying RL cards lately. Pretty sure the market will bounce back.
they keep reprinting any cards worth any money
I spend every dollar i can in sealed boxes, except magic. Pokemon, yugioh, sports. I even have 13 sealed booster boxes of Sorcery Alpha.
Sorcery is gonna bring everyone back into Old School magic ...
And that Pendulum swing will be huge.
I see people play World of Warcraft, and go back and forth with it.
Not so much Rift or other failed WoW clones
I've pretty much done the same. Only things I've kept are a few boxes of Throne and Ikoria. Magic is dead here in the UK anyway.
nice add to tell people who is still buying - good job
That’s odd because my last few single orders from “moon city” ended up getting deleted because they didn’t have about half of the NM cards I wanted
I'm so glad all the slow readers bought my bag when i had the basket just filled with come eggs
Masters box for 600 CAD, ya no thanks Hasbro! I'd rather look at all my vintage Rudy, this has gone nutzo
I started selling my collection on TCG player myself in April. It's just not feasible for me to keep up with MTG anymore. With the Commander Masters spoilers, it makes me really happy that I was able to unload nearly every card that's getting reprinted. Have fun with the cardboard crack, Timmys!
At the price per box there will be extra copies going around but I doubt the prices will crater. It’s hard to beat the $15 pack price.
Took a year off from MtG starting the end of 2021. I found myself getting into FaB and now Im trying out Sorcery.
Im hanging onto my MtG cards, but Im not missing the game much.
Please plan more 'exotic' videos Rudy!
Rudy is still my idol...he's the best. Market doesn't just stop in an instant. So whatever Rudy buys now, Rudy buys it low. And still makes sure that he is in a good position to sell it for a profit.
Pokemon bathroom flashbacks. Keep on trucking 👍
MTG is on fire and honestly im so glad i pulled out 😂 but my pull out games always been good
A huge move by Hasbro was the serialized cards. Basically turning the collector box opening into a lottery to guarantee sales. Those evil geniuses.
Which I'm sure will be brought up by Canada's government when that hoopla about the 1/1 One Ring copy sees court.
@@1krani is there talk of that happening?
@@abrahamdrinkin2534 there's grumblings. The real kicker will be this: does the Canadian government want the easy 50%+ tax cut of the One Ring's sale, or do they want to take the fight and try to milk Hasbro in court? Birds and bushes and all that.
If they really stood by the spirit of their laws, it would be in their best interests to at least raise a stink. But it would be so much easier to just let it slide, take the money, pretend this isn't technically gambling. It's probably going to come down to which enterprising official(s) or office(s) thinks they can take it on and score points, which could blow up in their face(s) if the costly lawsuits go nowhere.
Hasbro would be forced to go for the throat, use the entirety of the resources at their disposal, as this would constitute a fundamental threat to their business practices. It would not be an easy fight. Even if it cost them more to defend the ring than they made selling the ring, it could be a wise move to shell out money now in order to secure these practices for future use.
Man, if the Unibomber wasn't already outed as a narcissistic, bloodthirsty murderer who sought to retroactively justify his misanthropic, homicidal worldview, I would say he was onto something with that little rant of his. Stopped clocks are right twice a day!
@@leethax100 booster packs have always been a form of gambling for many. Serialized cards now makes it just straight up gambling, no different than a loot box/lottery ticket/etc
Ooo I like the new dark closet style video!
It's a darker, grittier Rudy
That is all you do. Every day a new fear mongering video while you buy out collections. Shits weird. Also nice sealed game LMAOOOOO
I was able to finish my basement with all the leftover toilet paper I hoarded
This move will have biggest shockwave that anybody could ever think. The only reason to have magic cards is that they could be liquidated for cash. Take that away and now all you got is cardboard to buy cardboard.
Have you seen any other bigger online stores doing the same yet?
@@shenaniganfarm1440 just sold 2k worth of cards to cardkingdom for cash
I have cardboard to play with em. Lol
The cheese stands alone.
There's a goofy card.
Thank you Rudy, very cool.
When commander is the most popular format and everyone just uses proxies all the time anyway what’s the point in collecting real cards?
Drafts, sets, collectors, and lairs started the decline? Lol, what do these people think has been keeping Wizards in the black?
Hasbro is milking the Magic The Gathering cash cow as quickly and as hard as possible. They don't care that the udders are shriveling. They don't care what happens to the secondary market. They care about one thing - generating as much revenue for the coming quarter as possible. Magic the Gathering has proved incredibly resilient but I have to wonder if it can withstand the emphasis on short term gains rather than a long term strategy. I play FNM regularly and enjoy the game in a warm welcoming environment with players who love the game. I hope to be enjoying 5 years from now.
I guess we’ll never see those Lotr box openings😢…
My local LGS won’t even take high value cards 🙄
STAY THE COURSE !!!!!!!
"..you can have these conversations with yourself.."
I legit typed in moon city games and then it hit me.
This ain't no space charity 🤣
I still have the open my Lord of the rings collector box I'm not quite sure what to do with it right now
People are monkey see monkey do. Basically old magic sets through lots of unpredicted natural means became insanely valuable on the second market. Other people said "well I can just repeat the formula right? I'll buy sealed and wait X years". And since then it's a big mtg hot topic. The chase to replicate the natural value of original magic. If there was a popular discussion of "should we buy this and keep it" in 1993 then it probably would've never gotten nearly as valuable. People try, but can't force a replication of natural events by mimicking them.
I'm going to continue playing and buying MTG, it's like WOTC is trying to sell every flavor chips... some chips are going to flop!
I wish I could go back in time and tell myself to keep my base set PTCG cards sealed. 🙃
Buying singles now on occasion, but tbh I’m getting more and more into Sorcery contested realm. Hasbro isn’t getting anymore of my money. No more sealed for me, financially not worth the price and really hasn’t been since Hasbro took over and the market crash.
I like free things. I like trading, but this does not mean free trade is a good idea. I like projects. I like boosters. I like fun... but this does not mean project booster fun was a good idea. We need experienced economists to tell us that what may seem like a good idea at first is not necessarily a good idea, due to possible economic fallout. Once again, I am asking the board of Hasbro and WotC to replace every single C-Suite employee. When that happens, I will 10x my shares, but if nothing changes, as each month goes by, I am closer and closer to dumping my Hasbro shares and investing in a company with intelligent leadership.
What i learned is that everyone is an expert when they see the complete timeline and "obvious" decline.
was it just a specific store that isnt do cash for cards? CardKingdom still has cash for cards.
Loved the Zelda bit. Can you do more videos about your non CCG collectables?
One way or another please provide old man rudy white board videos. Even after you retire from TH-cam and such I want 65 year old Taco king
I’m still buying sealed vintage
What happens to LGS's in the future? Are they supposed to take all the risk and buy cards to try to maintain an inventory for their customers or only sell sealed product and rely on minute margins of profit to remain open? I don't think they care where we play or the LGS that's clear. But if no one is playing the game whose going to be buying the game. Perfect example is the decline and basically gone standard format
Sharks are out!
Blood is in the water!
Magic's recent boom was based on the nostalgia of 30 something year olds getting hands on cheap money when interest rates were at record lows. That's all it is. You invested in what you know and now have to catch the falling knife. MTG, like growth stocks, like the housing market, like bitcoin, is a game where you're chasing the profits of the past that are already gone. There could be another cheap money "business cycle boom" for magic cards, but I doubt it. 55 year old men are not going to gamble on it again when they look in their garage and see some sealed boxes of a random set of innistrad in it as their failed get rich quick scheme. I know people who are holding onto magic cards right now because they want to pass them onto their kids as some store of wealth. It's almost impossible for that to be a reality. Just play the game.
Yikes, you know Rudy isn’t sleeping well at night
‘Collectible’ (definition) - *an item valued and sought by collectors.*
It’s difficult to value something which isn’t rare, scarce or valuable.
It’s like collecting soda plastic tops, what’s the point?
To me it always looked like strange bubble market. Freakishly expensive hobby at best. Pure speculation and manipulation at worst. What is the value in cardboard with some pictures printed on it?
There's a good chance that over time, the value will increase. Of course, despite your vehement skepticism companies, technologies, and card games do fail. Noted investment vehicle tulips and card games like ophidian or duel masters are due for a rebound any day, just like notable department stores like kmart and toys r us.
"That leads me to the end of this video...which means we're in the middle of the video." Rudy, Truthspeeker
Yep, can’t get a decent price for mine right now😢
The year is 2069.... This is the vlog series of Rudy slowly turning into a Timmy.
JK love your brain and the way it works. I feel like everything is fine. I want bigger positions on all of it. I've seen the next generation doing what I did when I was that age. I think it maybe a literal generation away. But my retirement looks f@ckin grade A! I'm not worried at all.
yeah they went the sports cards route with the serialized cards they will harvest the same result. everything is going to zero.
am i the only one who is missing the just open some boxes here instead of just the Drama Talks all day? :D
Project booster fun made opening boxes a real pain
I ALWAYS wondered about your graded ZELDA games behind you, Rudy! Great video per usual. I think you're spot on, it's all going down a bit.
Inb4 magic sales going down due to student loan payments resuming.
No long term value when WOTC will just reprint anything that held a little bit of value.
Force of Will
Ragavan
Great Henge
Jeweled Lotus
Ur-Dragon
Etc..
Even Sheoldred they reprinted after a couple of months?