Trade #008

Made a new side trade at MOTL.  The main trade was a Clifftop Retreat for a Radiant, Archangel — pretty boring.  I’m actually more psyched about the side-trade.

My:

  • Arctic Flats $0.95

His:

  • Bonehoard $0.96
  • Spine of Ish-Sah $0.31
  • Steel Hellkite $0.93

Gain: $1.25

The trader and I are acquainted in a chatroom, and I explained the project to him, and asked him to make an offer of two or three rares.  He proposed the above, and said “That’s three marginally-playable cards that may generate some interest for you.”  Nice guy, huh?

That’s a gain of 8.5% for the project, putting me back above 5% per trade. If I can maintain the 5%-per-trade, we’re now at 83 trades remaining.

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Trade #007

Can I avoid a joke that this trade had a “license to kill”?  Apparently not.  And I haven’t looked up the trade yet to see how I did on his end.  Here we go:

My:

  • Heat Shimmer $0.39
  • Manabarbs (M12) $0.30

His:

  • Chromescale Drake $0.19
  • Sapphire Leech $0.25
  • Waterspout Elemental $0.25
  • Wormfang Behemoth $0.25

Gain: $0.35

OK.  “License to kill”?  Not so much.  Turning $0.69 in cards into $0.94 in cards would be unimpressive if the trade took one minute.  And in reality it took about 15.  I did go from two rares to four, and maybe I’ll find a trader who needs blue creatures and I can trade them away as a block (this trader hated blue).  But what a horrible grind to go through for such a small margin.

Oh well.  I think I built up some good will with the trader, whom I will certainly see again — and maybe he’ll need something else from the project later on.

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Trade #006

I was conducting a trade of cards through MOTL (to get an Ajani Goldmane and a Laboratory Maniac, both of which I need for decks) and asked if the trader wanted a side-trade for this project.  He looked over the virtual binder and identified a Pentavus.  I asked him to just toss in two rares of his choice for it.  He tossed in one regular rare and one mythic.

My:

  • Pentavus (M12) $0.19

His:

  • Eternity Vessel $1.51
  • Unnatural Hunger $0.44

Gain: $1.76

Yeah.  Wow.  I did very nicely on this one.

To understand the economics on this one, the most-popular format (“Standard”) lets you play Pentavus but not the other two.  But still: someone is surely going to want the other two, and I increased the value of the Pentavus 10x.

I’ve been aiming for an increase of 5% in value each trade.  If I can maintain that, then there are 85 trades left until a Beta Black Lotus.

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Trade #005

Went to Game Empire tonight (Wednesday) and conducted a straightforward trade.

My:

  • Royal Assassin (M11) $0.99

His:

  • Obstinate Baloth (M11) $1.59
  • Angelheart Vial (REL) $0.20

Gain: $0.70

The Baloth has a little nick in it, that I either failed to notice or did myself while sleeving it. And Angelheart Vial is a bad-enough rare that it would stand out as bad in Alliances. And Royal Assassin has gone up since I last checked it. Oh well. Even if we take off 30% of the value of the Baloth, I didn’t lose money.

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Trade #004

Went to my local gaming store tonight (Friday). Didn’t draft — too broke right now — but conducted a trade in the project.

My:

  • Master Warcraft $1.20

His:

  • Hedron Crab [EX] 70% of $1.76
  • Arctic Flats $0.95
  • Vivid Grove $0.49

Gain: $2.67

An online friend opined that Vivid Grove may rise as Modern becomes less combo-oriented.  I’ll try to find a local maximum and trade it away near that.

This was a gain of almost 13% in the project, even marking down the Hedron Crab due to condition — well-exceeding my intended 5%-per-trade.  If I get 5% gains from now on, it’s 87 trades until a Black Lotus.  Fascinated to see how that’s actually going to play out.  Keep reading!

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Trade #003

Straightforward trade tonight, with a longtime friend.  He asked what I was looking to get for Omen Machine.  I said “two black-bordered rares of your choice.” So he proposed, and I accepted:

  • Omen Machine (NPH) $0.19

For:

  • Reverberate (M12) $1.20
  • Worldslayer (M12) $0.55

Gain: $1.56

Neither of us knew how high Reverb was going for online.  I’ve sent him an email offering him the chance to replace the card in the trade.  If he doesn’t, it will have jumped the holdings in the project from $9.90 to $11.46, a jump of 15%, which is higher than the 5% I’m aiming for per-trade.

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As I noted in the inaugural post, I misplaced the notebook that had the first set of trades in it.  But I’ve been asked how I could start this process with the ultimate crap common, a Carrier Pigeons.

For me it only took three trades to get into rares.

The very first trade was:

  • Carrier Pigeons

For:

  • Llanowar Elves (M10) (with a major nick in it)

Truthfully, the person I traded it to wanted, I think, to be the first trade in a project like this — so part of it is a social element.  The other is that the nick in the card, even a playable card, rendered it valueless to a player who insists on perfect cards in decks.

That led to the second trade:

  • Llanowar Elves (M10) (with a major nick in it)

For:

  • Counterspell (MMQ) (slight play)

This was a bit surprising.  Counterspell is a better, rarer, and more-valuable card than Llanowar Elves.  But the person needed Elves for a deck, didn’t care about the nick, wanted to help, and had Counterspells he wasn’t using.  It was also all happening under $1 at this point, so I think there was a “Meh” aspect to this trade.

I considered keeping the c-spell and trying to trade up, one card for one card, but decided that would be a far more difficult trading process. I thought, better to get into rares at this point.

So that led to:

  • Counterspell (MMQ) (slight play)

For

  • Two rares

On this, monetarily, the other guy probably did better — but I was trying to move into rares at this point, so it seemed strategic to trade this uncommon away for them.

Since then — up to Trade #001, and to present (as of this writing) — the trades have been one rare for two or three.  I discussed this in Trade #002, but I now have enough bulk rares (26, plus a couple decent ones) to bid on a better card in a mail Trade Auction.  Perhaps I will sell or trade the two better rares for some stamps to power this, as I stipulated that I had to pay for costs internally.  If I could get, say, a Sol Ring for a bunch of bulk, that would give me a decent card to keep moving from, even if the project temporarily drops in dealer-value.

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Trade #002

This trade was conducted with a friend who works at my local gaming store.  Interestingly, I was able to trade away one of the playsets just acquired in my virtual swap in Trade #001

It was:

  • Endrek Sahr, Master Breeder (TSP) x4
  • Ith, High Arcanist (TSP)
  • Leyline of Singularity (GPT)

For:

  • Arachnus Spider (M12) x2
  • Djinn of Wishes (M12)
  • Galvanoth (M12)
  • Manabarbs (M12)
  • Mass Polymorph (M11) x2
  • Omen Machine (NPH)
  • Pentavus (M12) x3
  • Royal Assassin (M12)
  • Soul Conduit (NPH)

I asked for, and got, three rares for the Leyline of Singularity.

What do you notice about this trade? That’s right: all but two are Standard-playable.  This makes them, I hope, far more liquid.

The other thing of interest is that he submitted Royal Assassin as a crap rare.  Royal Assassin used to be $5.  Magic is a strange and fickle mistress.

So, what now?  So far I’ve been trading mostly one-for-two with rares.  For an upcoming step, I think I might make a bulk bid in a trade auction for a single better card.  This may temporarily decrease the amount of monetary value, but would allow me to start trading up to something better.  Something in the few-dollar range from Innistrad, perhaps, would be a good next step.

Thoughts?

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Trade #001

This is not really the first trade, but is the first since I started recording electronically.

I was bidding on a trade auction at MOTL where the trader only wanted bulk rares.  I won a Sol Ring from a Commander boxed set and put together my submission.  I then emailed him and asked if any of the rares I had in the Pigeon-Lotus Project were ones that he would accept for two to three rares apiece.  He said “Sure, any of them!”  So I took some of the rares out of my submission and replaced them with rares from PLP.

That meant a trade of:

  • Chronozoa
  • Cowardice
  • Disrupting Scepter
  • Gargoyle Castle
  • Gigantomancer
  • Indestructibility
  • Scepter of Fugue

in a virtual exchange for:

  • Candles of Leng (TSP) x2
  • Endrek Sahr, Master Breeder (TSP) x4
  • Heat Shimmer (LOR)
  • Ith, High Arcanist (TSP) x3
  • Magus of the Mirror (TSP) x4
  • Plagiarize (10E)
  • Plague Sliver (TSP) x2
  • Sarpadian Empires, Vol. VII (TSP)

I was able to sneak in a couple of playsets into the PLP this way.  As they were already playsets I had set aside to trade to the same guy, I figured this was fair.  All the Time Spiral cards, by the way? Were crap rares divided with my good friend with whom I had begun an ill-fated venture to sell Magic cards online.

None of these rares are Standard-playable, but the increase in number, and the two playsets introduced, suggest that these may move well.  We’ll see.

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Inaugural Post

I’ve moved this project over from the main site page to better track it, and to allow comments.

As I state in the “About” section, I was initially tracking my trades on paper, but then mislaid the notebook. I’ve decided to move it over here, both for permanence and so others can see and comment on the demonstration.

When I started recording this (15 September 2011) the holdings — from the original Carrier Pigeons — were as follows:

  • Chronozoa (PLS)
  • Cowardice (9ED)
  • Disrupting Scepter (8ED)
  • Gargoyle Castle (M10)
  • Gigantomancer (REL)
  • Indestructibility (M10)
  • Leyline of Singularity (GPT) x2
  • Master Warcraft (RAV)
  • Scepter of Fugue (CON)
  • Turntimber Ranger (ZEN)

This was all from one 9¢ Carrier Pigeons that I received free from a friend.  Hang on and let’s see where it goes…

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