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Author Topic:   why duals are losing value
RyKerZ
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posted July 29, 2010 10:50 AM   Click Here to See the Profile for RyKerZ Send a private message to RyKerZ Click to send RyKerZ an Instant Message Edit/Delete Message Reply With Quote View RyKerZ's Have/Want ListView RyKerZ's Have/Want List
Why are dual lands suddenly dropping in value? Is it because legacy is dying?
 
nderdog
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posted July 29, 2010 10:52 AM   Click Here to See the Profile for nderdog Click Here to Email nderdog Send a private message to nderdog Click to send nderdog an Instant MessageVisit nderdog's Homepage  Edit/Delete Message Reply With Quote View nderdog's Have/Want ListView nderdog's Have/Want List
Moved to Trade and Value Questions where it belongs.

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Myysterio
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posted July 29, 2010 11:00 AM   Click Here to See the Profile for Myysterio Click Here to Email Myysterio Send a private message to Myysterio Click to send Myysterio an Instant MessageVisit Myysterio's Homepage  Edit/Delete Message Reply With Quote View Myysterio's Have/Want ListView Myysterio's Have/Want List
Looks like normal price fluctuation to me.

http://apathyhouse.com/pricelist/pricelist.php?exact=1&card=Bayou

http://apathyhouse.com/pricelist/pricelist.php?exact=1&card=Volcanic+Island

http://apathyhouse.com/pricelist/pricelist.php?exact=1&card=Badlands

http://apathyhouse.com/pricelist/pricelist.php?exact=1&card=Taiga

http://apathyhouse.com/pricelist/pricelist.php?exact=1&card=Tropical+Island

http://apathyhouse.com/pricelist/pricelist.php?exact=1&card=Underground+Sea

http://apathyhouse.com/pricelist/pricelist.php?exact=1&card=Savannah

I'm sure there recent explosion of price will even out in the long run.


 
RyKerZ
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posted July 29, 2010 11:30 AM   Click Here to See the Profile for RyKerZ Send a private message to RyKerZ Click to send RyKerZ an Instant Message Edit/Delete Message Reply With Quote View RyKerZ's Have/Want ListView RyKerZ's Have/Want List
quote:
Originally posted by Myysterio:
Looks like normal price fluctuation to me.

http://apathyhouse.com/pricelist/pricelist.php?exact=1&card=Bayou

http://apathyhouse.com/pricelist/pricelist.php?exact=1&card=Volcanic+Island

http://apathyhouse.com/pricelist/pricelist.php?exact=1&card=Badlands

http://apathyhouse.com/pricelist/pricelist.php?exact=1&card=Taiga

http://apathyhouse.com/pricelist/pricelist.php?exact=1&card=Tropical+Island

http://apathyhouse.com/pricelist/pricelist.php?exact=1&card=Underground+Sea

http://apathyhouse.com/pricelist/pricelist.php?exact=1&card=Savannah

I'm sure there recent explosion of price will even out in the long run.


so are they projected to increase in price any time soon? or decrease? reason I ask is because I recently purchased a collection, assuming that the dual lands included would retain their value.

 
Myysterio
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posted July 29, 2010 11:40 AM   Click Here to See the Profile for Myysterio Click Here to Email Myysterio Send a private message to Myysterio Click to send Myysterio an Instant MessageVisit Myysterio's Homepage  Edit/Delete Message Reply With Quote View Myysterio's Have/Want ListView Myysterio's Have/Want List
they will gain value eventually regardless. Just keep em until they are worth more. I purchased mine for less than $20 a piece about 4 years ago.
 
sdematt
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posted July 29, 2010 11:58 AM   Click Here to See the Profile for sdematt Click Here to Email sdematt Send a private message to sdematt Click to send sdematt an Instant Message Edit/Delete Message Reply With Quote View sdematt's Have/Want ListView sdematt's Have/Want List
They're cooling off, they're not dropping. By cooling off, I mean prices are stabilizing. NM Seas aren't $90, they never were, but some people inflated their prices thinking they were worth that much, causing the "thought of" value of a sea to be that much. Of course, everyone realized this is garbage, and so, the prices are settling to values they were actually selling at. What I'm trying to say is, people were selling some duals are wickedly high prices, but I guess everyone finally realized that they're not actually as expensive as some people were selling them at.

-MAtt

 
Markers
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posted July 29, 2010 12:11 PM   Click Here to See the Profile for Markers Click Here to Email Markers Send a private message to Markers Click to send Markers an Instant Message Edit/Delete Message Reply With Quote View Markers's Have/Want ListView Markers's Have/Want List
quote:
Originally posted by sdematt:
They're cooling off, they're not dropping. By cooling off, I mean prices are stabilizing. NM Seas aren't $90, they never were, but some people inflated their prices thinking they were worth that much, causing the "thought of" value of a sea to be that much. Of course, everyone realized this is garbage, and so, the prices are settling to values they were actually selling at. What I'm trying to say is, people were selling some duals are wickedly high prices, but I guess everyone finally realized that they're not actually as expensive as some people were selling them at.

-MAtt


It's summer time. People don't want to spent so much on cards (no big tourney's here in Europe for example). We will certainly see a rise at the end of the year when the new legacy tournaments for 2011 show up (as it did with Madrid this year)...

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Zakman86
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posted July 29, 2010 12:14 PM   Click Here to See the Profile for Zakman86 Click Here to Email Zakman86 Send a private message to Zakman86 Click to send Zakman86 an Instant MessageVisit Zakman86's Homepage  Edit/Delete Message Reply With Quote 
quote:
Originally posted by Markers:
It's summer time. People don't want to spent so much on cards (no big tourney's here in Europe for example). We will certainly see a rise at the end of the year when the new legacy tournaments for 2011 show up (as it did with Madrid this year)...


Except that GP Columbus is this weekend, so your theory's shot.

It's just the prices settling to what they should be.

 
oneofchaos
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posted July 29, 2010 12:17 PM   Click Here to See the Profile for oneofchaos Click Here to Email oneofchaos Send a private message to oneofchaos Click to send oneofchaos an Instant Message Edit/Delete Message Reply With Quote View oneofchaos's Have/Want ListView oneofchaos's Have/Want List
quote:
Originally posted by Zakman86:
Except that GP Columbus is this weekend, so your theory's shot.

It's just the prices settling to what they should be.


They'll only go up again.

 
Markers
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posted July 29, 2010 12:20 PM   Click Here to See the Profile for Markers Click Here to Email Markers Send a private message to Markers Click to send Markers an Instant Message Edit/Delete Message Reply With Quote View Markers's Have/Want ListView Markers's Have/Want List
quote:
Originally posted by Zakman86:
Except that GP Columbus is this weekend, so your theory's shot.

It's just the prices settling to what they should be.


I always hear that Legacy is bigger in Europe than the States (Italian / German and French duals). Could that be the reason?

 
RyKerZ
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posted July 29, 2010 12:26 PM   Click Here to See the Profile for RyKerZ Send a private message to RyKerZ Click to send RyKerZ an Instant Message Edit/Delete Message Reply With Quote View RyKerZ's Have/Want ListView RyKerZ's Have/Want List
quote:
Originally posted by oneofchaos:
They'll only go up again.

this true?

 
Markers
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posted July 29, 2010 12:28 PM   Click Here to See the Profile for Markers Click Here to Email Markers Send a private message to Markers Click to send Markers an Instant Message Edit/Delete Message Reply With Quote View Markers's Have/Want ListView Markers's Have/Want List
quote:
Originally posted by RyKerZ:
this true?

Will never be reprinted. The available cards get less and less as the years go by and WOTC will certainly never print anything as powerful as Duals again.

One direction and thats up....

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Zakman86
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posted July 29, 2010 12:32 PM   Click Here to See the Profile for Zakman86 Click Here to Email Zakman86 Send a private message to Zakman86 Click to send Zakman86 an Instant MessageVisit Zakman86's Homepage  Edit/Delete Message Reply With Quote 
The market can't support them going much higher. That's why they've been steady for the past 4-5 months or so. So no, there really isn't only one way to go... I would expect the market to stay stable until there's another huge influx of players into the game.
 
Tha Gunslinga
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posted July 29, 2010 03:36 PM   Click Here to See the Profile for Tha Gunslinga Click Here to Email Tha Gunslinga Send a private message to Tha Gunslinga Click to send Tha Gunslinga an Instant MessageVisit Tha Gunslinga's Homepage  Edit/Delete Message Reply With Quote View Tha Gunslinga's Trade Auction or SaleView Tha Gunslinga's Trade Auction or Sale
Prices have dropped at least $5-10+ per dual from their peak. It's called a correction. Overheated market, prices shot up, and now they're dropping back down. Ultimately there's still a huge supply of these, and most of those who want them have them already. No, they're not "cooling off," they have substantially dropped in the last month or so. Go to Apathyhouse and look at the graphs.

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riemann-zeta
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posted July 29, 2010 06:30 PM   Click Here to See the Profile for riemann-zeta Click Here to Email riemann-zeta Send a private message to riemann-zeta Click to send riemann-zeta an Instant Message Edit/Delete Message Reply With Quote 
i haven't noticed much of a change in the "bad" duals (ie the cheap ones)..as for the expensive (blue) ones, sea seems to have dropped the most but this doesn't seem too surprising since mystical got the ax and 2 of the biggest legacy decks using sea got neutered. tropical saw an increase b/c countertop w/ goyf was popular and ppl were starting to splash goyf in merfolk (now a lot of lists are going back to mono-U). i think after the bannings the metagame shifted and ppl aren't quite sure what the best deck or decks are at the moment. you can check out the results at the scg events and see that the decks are a bit all over the place. duals are good, thats a given..but their prices will be driven by their place in the metagame, not that they're good in a vacuum...just my 2 cents.

[Edited 1 times, lastly by riemann-zeta on July 29, 2010]
 
PriestsofGix
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posted July 29, 2010 07:18 PM   Click Here to See the Profile for PriestsofGix Send a private message to PriestsofGix Click to send PriestsofGix an Instant Message Edit/Delete Message Reply With Quote View PriestsofGix's Trade Auction or SaleView PriestsofGix's Trade Auction or Sale
So what do you guys think is in store for the duals over the next few years? WotC is clearly trying to push people away from legacy - this is a big reason for legacy staples to potentially plateau or decline a bit. On the other hand, duals and etc have always historically appreciated well, with the exception of the recent decline.
 
oneofchaos
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posted July 29, 2010 07:34 PM   Click Here to See the Profile for oneofchaos Click Here to Email oneofchaos Send a private message to oneofchaos Click to send oneofchaos an Instant Message Edit/Delete Message Reply With Quote View oneofchaos's Have/Want ListView oneofchaos's Have/Want List
quote:
Originally posted by PriestsofGix:
So what do you guys think is in store for the duals over the next few years? WotC is clearly trying to push people away from legacy - this is a big reason for legacy staples to potentially plateau or decline a bit. On the other hand, duals and etc have always historically appreciated well, with the exception of the recent decline.

They will go back up. There is only a finite amount of duals, and as more people play the demand gets higher. So there has not been a legacy tournament in a month or so, they dropped in price when SCG wasn't hosting anything. I'm sure they will remain stable at the least or go up after GP Columbus.

 
Mr.C
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posted July 29, 2010 09:35 PM   Click Here to See the Profile for Mr.C Click Here to Email Mr.C Send a private message to Mr.C Click to send Mr.C an Instant MessageVisit Mr.C's Homepage  Edit/Delete Message Reply With Quote 
quote:
Originally posted by oneofchaos:
They will go back up. There is only a finite amount of duals, and as more people play the demand gets higher. So there has not been a legacy tournament in a month or so, they dropped in price when SCG wasn't hosting anything. I'm sure they will remain stable at the least or go up after GP Columbus.

However, if prices of Legacy rise to an unsustainable level, demand plateaus.

 
Tha Gunslinga
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posted July 29, 2010 09:55 PM   Click Here to See the Profile for Tha Gunslinga Click Here to Email Tha Gunslinga Send a private message to Tha Gunslinga Click to send Tha Gunslinga an Instant MessageVisit Tha Gunslinga's Homepage  Edit/Delete Message Reply With Quote View Tha Gunslinga's Trade Auction or SaleView Tha Gunslinga's Trade Auction or Sale
No one knows, the end.

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oneofchaos
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posted July 29, 2010 09:57 PM   Click Here to See the Profile for oneofchaos Click Here to Email oneofchaos Send a private message to oneofchaos Click to send oneofchaos an Instant Message Edit/Delete Message Reply With Quote View oneofchaos's Have/Want ListView oneofchaos's Have/Want List
quote:
Originally posted by Mr.C:
However, if prices of Legacy rise to an unsustainable level, demand plateaus.

Why's that?

Think about it this way. Throughout the history of magic, if you asked somebody if duals would go up/down/stable the answer was always stable or constant. They have continued to climb albeit slower at times. This wasn't even a year of duals losing value, just a month. The sky is not falling.

 
Mr.C
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posted July 29, 2010 10:14 PM   Click Here to See the Profile for Mr.C Click Here to Email Mr.C Send a private message to Mr.C Click to send Mr.C an Instant MessageVisit Mr.C's Homepage  Edit/Delete Message Reply With Quote 
quote:
Originally posted by oneofchaos:
Why's that?

Think about it this way. Throughout the history of magic, if you asked somebody if duals would go up/down/stable the answer was always stable or constant. They have continued to climb albeit slower at times. This wasn't even a year of duals losing value, just a month. The sky is not falling.


Last four months or so they have been stable. That hasn;t happened in like 5 years.

 
sdematt
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posted July 29, 2010 10:17 PM   Click Here to See the Profile for sdematt Click Here to Email sdematt Send a private message to sdematt Click to send sdematt an Instant Message Edit/Delete Message Reply With Quote View sdematt's Have/Want ListView sdematt's Have/Want List
Eventually, as time approaches infinite, duals will still be increasing. We've reached a horizontal asymptote with regards to the prices, they're not breaking the records they once were. Ex. Bayous were $25 in November, now they're $35. Will they go up again? Yes, eventually. If you were looking to cash in on your dual investment, you should've sold 3 months ago.

-Matt

 
Pippincro
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posted July 29, 2010 11:25 PM   Click Here to See the Profile for Pippincro Click Here to Email Pippincro Send a private message to Pippincro Click to send Pippincro an Instant Message Edit/Delete Message Reply With Quote 
Well the main premise of duals price rise is that everything remains the same in future - no new format, same amount (or greater) support from wizards in form of GPs, SCG legacy 5k's throughout the year, etc...
However, if Legacy gets the axe (wotc stated themselves they want to pull people from that format), SCG shifts to lets say standard and extended instead of standard and legacy... who knows what may happen to prices
 
Markers
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posted July 30, 2010 05:26 AM   Click Here to See the Profile for Markers Click Here to Email Markers Send a private message to Markers Click to send Markers an Instant Message Edit/Delete Message Reply With Quote View Markers's Have/Want ListView Markers's Have/Want List
quote:
Originally posted by Pippincro:

However, if Legacy gets the axe (wotc stated themselves they want to pull people from that format), SCG shifts to lets say standard and extended instead of standard and legacy... who knows what may happen to prices

Where did WOTC say they axe Legacy or want move people away? Never heard of that. And why should SCG move to the most common format there is?

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Thanos
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posted July 30, 2010 05:28 AM   Click Here to See the Profile for Thanos Click Here to Email Thanos Send a private message to Thanos Click to send Thanos an Instant Message Edit/Delete Message Reply With Quote View Thanos's Have/Want ListView Thanos's Have/Want List
If that were to happen, why wouldn't SCG just take Legacy over themselves?
 

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