1. There are some aspects that are relevant to high-end and reserved list magic, but hopefully not as completely problematic. The core elements in the video were the creation of a new grading service that was immediately recognized by a major auction house, and several large collections were immediately graded with this new service and sent to auction (all with significant conflicts of interest). CGC just recently started grading cards, but BGA and PSA have such a long track record that I can't imagine someone successfully doing a similar thing for magic.

  2. The difference from magic is that they didn't tell how many were graded and bought sites that had data and closed them down. Great also that we know printrun of some of the early sets of magic. Looks like they just had an easy market to close of and make more exclusive then it were that spiderman game for 9000 that after 1 year dropped down to 870. That will never happen with 93/94 cards of magic. Collectors have so much data on these cards, that Lotus that got sold for 500 000 will not sell for 90% less a year later.

  3. Brian Nocenti mentioned at around 16:30, known as a big vintage magic dealer/collector and is associated with that snake from Vintage Magic.

  4. Oh thanx for the vid, I'm already subscribed to the guy, he's a legend and legit guy himself, mainly covers Speedrunning community but also exposes related stuff when he can..

  5. It tells the story of how a few people essentially created the current craze surrounding the sealed video game market. They manipulate prices by controlling the major auction center and grading company and use shill bidding to inflate prices. Media also helps out by drawing extra attention to how "valuable" the games are and draws in investors, creating a bubble.

  6. I didn't watch the video, and this is probably mentioned, but the big differentiator with vintage video games is there are no population reports. With all sports and trading cards those exist and will keep things honest.

  7. This is an excellent and relevant video for this thread. We should always be aware of this type of thing within the Collectible markets.

  8. One of the things I think this video omits is how this could also be used a a form of tax evasion. Donating these games to charity with such high perceived value (even though they might never sell) is a nice way to get some deduction going. A common practise in the world of art.

  9. What's smart guy. He brought card games and collectibles into mainstream media in the same way Logan Paul did

Leave a Reply

Your email address will not be published. Required fields are marked *

News Reporter