Welp, this is a thing.... So far this PSA10 Black Lotus is at 700k.

TriAdX

Crazy. I wonder if it will break 1m. It has 9 days left. The last known (I think) sale on one of these was 250k and that was about a year? ago.

https://www.ebay.com/itm/1993-Magic-The-Gathering-MTG-Alpha-Black-Lotus-R-A-AUTO-PSA-10-GEM-MINT/353357401419?hash=item5245be0d4b:g:gBAAAOSwX0VgBK~9

PillarDollarCollector

My guess it will break the 1$ million dollar barrier and then some.

I do not know these much but from people who have been playing MTG since 1993 in my family there is no way a PSA 10 should even exist. This is based on their first hand knowledge of opening packs and cards always seeming to have some king of printing issue. I on y part have no idea not into MTG just followed the Black Lotus.

NGS428

Pop 7 too, not like it is the only one around...

BriantheTaxGuy

@NGS428 said:
Pop 7 too, not like it is the only one around...

There are 6 PSA 9 Mantles, and one just sold for 5.2 million.

The Black Lotus is iconic and while MTG doesn't have the following some sports cards do, this card will only appreciate in value.

blurryface

welcome aboard. btw, there's a great article on mtg in the smr this month!

GoDodgersFan

Just wow ! Not an expert, but condition sensitive card, small print run, and the iconic card for MTG. Investors are going after this.

craig44

i dont know much about non sports, but even I have heard of the black lotus

nendee

Would you”play” the card? Is it an automatic win??

beachbumcollecting

I would guess that the core group of people that buy the game type cards are also bitcoiner's who have experienced massive windfalls so the sky's the limit

PillarDollarCollector

Well almost 40 bid retractions now at 310k. Like I said I have my doubts that any Alpha cards are truly PSA 10's.

PillarDollarCollector

@beachbumcollecting said:
I would guess that the core group of people that buy the game type cards are also bitcoiner's who have experienced massive windfalls so the sky's the limit

It is mostly a nerd thing MTG. Nothing wrong with that just a fact and most science nerds make good incomes.

BriantheTaxGuy

@KingOfMorganDollar said:

@beachbumcollecting said:
I would guess that the core group of people that buy the game type cards are also bitcoiner's who have experienced massive windfalls so the sky's the limit

It is mostly a nerd thing MTG. Nothing wrong with that just a fact and most science nerds make good incomes.

You don't actually believe this, do you?

Collectibles across all genres are experiencing tremendous growth due to a massive influx of cash as speculators of all types (not just "nerds") are racing to invest.

BriantheTaxGuy

@beachbumcollecting said:
I would guess that the core group of people that buy the game type cards are also bitcoiner's who have experienced massive windfalls so the sky's the limit

False.

Investors of all types are rushing to the collectible market. You think it's just "bitcoiners" buying sports cards and driving up prices?

PillarDollarCollector

@BriantheTaxGuy said:

@KingOfMorganDollar said:

@beachbumcollecting said:
I would guess that the core group of people that buy the game type cards are also bitcoiner's who have experienced massive windfalls so the sky's the limit

It is mostly a nerd thing MTG. Nothing wrong with that just a fact and most science nerds make good incomes.

You don't actually believe this, do you?

Collectibles across all genres are experiencing tremendous growth due to a massive influx of cash as speculators of all types (not just "nerds") are racing to invest.

Yes I do my brother has been into this since 1993 knows the inside outs very well and he is the one that told me this. So yes I do since he is a very smart guy/nerd. Like most nerds he has also a advanced science degree that allows him to enjoy his hobbies.

I have a advanced degree in social sciences and like many people in my field we do not care about card games. As a collector I do enjoy the series and history. Social science for the most part does not pay well like science degrees just a fact.

PillarDollarCollector

@BriantheTaxGuy said:

@beachbumcollecting said:
I would guess that the core group of people that buy the game type cards are also bitcoiner's who have experienced massive windfalls so the sky's the limit

False.

Investors of all types are rushing to the collectible market. You think it's just "bitcoiners" buying sports cards and driving up prices?

Of course their is a like anything. A lot of people with advanced science degrees are hardcore MTG players. They have very well paid careers. Science pays.

Most sports guys including myself could not even play this game or understand it. I am not saying we are dumb just most of us non nerds do not feel like sitting around playing card games or care much to learn about them. I do respect MTG it looks like a great game just can't stand it not exciting at all for me. I do play many video games and RPG games and many other types.

BriantheTaxGuy

@KingOfMorganDollar said:

@BriantheTaxGuy said:

@beachbumcollecting said:
I would guess that the core group of people that buy the game type cards are also bitcoiner's who have experienced massive windfalls so the sky's the limit

False.

Investors of all types are rushing to the collectible market. You think it's just "bitcoiners" buying sports cards and driving up prices?

Of course their is a like anything. A lot of people with advanced science degrees are hardcore MTG players. They have very well paid careers.

Most sports guys including myself could not even play this game or understand it. I am not saying we are dumb just most of us non nerds do not feel like sitting around playing card games or care much to learn about them. I do respect MTG it looks like a great game just can't stand it not exciting at all for me. I do play computer RPG games and many other types.

Do you think only people who watch sports are investing in sports cards? Or is it possible people of all walks of life, regardless of their affinity for the sport or game, see the investment opportunity and are buying?

PillarDollarCollector

@BriantheTaxGuy said:

@KingOfMorganDollar said:

@BriantheTaxGuy said:

@beachbumcollecting said:
I would guess that the core group of people that buy the game type cards are also bitcoiner's who have experienced massive windfalls so the sky's the limit

False.

Investors of all types are rushing to the collectible market. You think it's just "bitcoiners" buying sports cards and driving up prices?

Of course their is a like anything. A lot of people with advanced science degrees are hardcore MTG players. They have very well paid careers.

Most sports guys including myself could not even play this game or understand it. I am not saying we are dumb just most of us non nerds do not feel like sitting around playing card games or care much to learn about them. I do respect MTG it looks like a great game just can't stand it not exciting at all for me. I do play computer RPG games and many other types.

Do you think only people who watch sports are investing in sports cards? Or is it possible people of all walks of life, regardless of their affinity for the sport or game, see the investment opportunity and are buying?

No like I said but the majority are. I have been into that since the late 1980's. I know that hobby very well. I consider myself 30% nerd and 70% street smarts. I am no science guy. Go to Net54 the sports card forum those guys love watching sports not all some just like the history of it.

What I am saying is many MTG players have well paid careers and can afford such things. Like coin collectors same thing.

PillarDollarCollector

It is easy to make 100k and much more per year with a science degree just the way it is. Hey I have no problem with that they have the brains and skills and they are in very high demand worldwide

Nothing wrong about been a nerd. Heck wish I was but such is life I have my talents in my field and other things.

PillarDollarCollector

Anyways the card has 40 bid retractions and is at 310k.

professorpuck

It's more than 'nerds are rich'.

MTG has a massive and global following. I sold a large portion of my collection over the past 2 months and shipped cards to Canada, Finland, Norway, UK, Germany, France, Italy, Belgium, Japan, and Australia.

Whoever said that MTG is clearly smaller than sports cards...I am not so sure about that.

PillarDollarCollector

@professorpuck said:
It's more than 'nerds are rich'.

MTG has a massive and global following. I sold a large portion of my collection over the past 2 months and shipped cards to Canada, Finland, Norway, UK, Germany, France, Italy, Belgium, Japan, and Australia.

Whoever said that MTG is clearly smaller than sports cards...I am not so sure about that.

I agree I know it is a global thing just like Pokemon and comic books/superheroes. I contemplated many times to build the 1993 MTG Alpha set minus the Black Lotus but I prefer coins. Same for the 1999 1st edition Pokemon set I should have would be rich now and could sell and get the coins I want. But it is what it is when you hesitate someone else is not. I was going to just buy the Holo cards in the best grades I could get but then came the insane price increase in the late summer of 2020. I knew it was coming but just was not sure when.

BriantheTaxGuy

@professorpuck said:
It's more than 'nerds are rich'.

MTG has a massive and global following. I sold a large portion of my collection over the past 2 months and shipped cards to Canada, Finland, Norway, UK, Germany, France, Italy, Belgium, Japan, and Australia.

Whoever said that MTG is clearly smaller than sports cards...I am not so sure about that.

That was my point I was trying to make. To suggest that the massive uptick in prices is solely due to "nerds" fundamentally does not understands what is happening in the overall collectible market.

High-grade collectibles of all flavors are seeing massive upticks in investors: sports cards, MTG, pokeman, all of it. People are looking outside traditional collectible investments like art and vehicles and it's raising the prices for everything.

blurryface

https://m.youtube.com/watch?v=gZEdDMQZaCU

PillarDollarCollector

@BriantheTaxGuy said:

@professorpuck said:
It's more than 'nerds are rich'.

MTG has a massive and global following. I sold a large portion of my collection over the past 2 months and shipped cards to Canada, Finland, Norway, UK, Germany, France, Italy, Belgium, Japan, and Australia.

Whoever said that MTG is clearly smaller than sports cards...I am not so sure about that.

That was my point I was trying to make. To suggest that the massive uptick in prices is solely due to "nerds" fundamentally does not understands what is happening in the overall collectible market.

High-grade collectibles of all flavors are seeing massive upticks in investors: sports cards, MTG, pokeman, all of it. People are looking outside traditional collectible investments like art and vehicles and it's raising the prices for everything.

I agreed with you but still does not change the fact the large majority are nerds. And again and again and again nothing wrong with nerds.

PillarDollarCollector

@blurryface said:
https://m.youtube.com/watch?v=gZEdDMQZaCU

Hahahaha!!! Like I said nothing wrong with nerds or sports people to each his own.

80sOPC

Nerd fight!

PillarDollarCollector

@80sOPC said:
Nerd fight!

@80sOPC said:
Nerd fight!

Hey some are pretty tough I did karate for a little over 20 years (had to stop due to injuries) and some of my best friends where tough nerds. And I was very good at it. Some became police officers and some military and other professions.

https://www.youtube.com/watch?v=atiomzXSJGc

PillarDollarCollector

Now back to the Black Lotus and forget about black belts.