Why are Magic the Gathering Card Prices Rising? 10 Reasons
There can be no denying that Magic the Gathering is extremely popular as a trading card game as covered over at runrex.com. It has a huge following, with fans from all over the world, and is one of the most played TCGs in the world. In recent times, Magic the Gathering cards have also proven to be good investments as the trend of investing in collectible cards continues to gather pace as discussed over at guttulus.com. We have also noted a rise in card prices in recent times and this article will look to highlight 10 reasons why this may be the case.
The pandemic
The COVID-19 pandemic meant that most of us had to stay at home due to lockdown restrictions as explained over at runrex.com. People had to look for something to do rather than just watching Netflix, and many of them started playing TCGs like Magic the Gathering. With more and more people playing the game at home due to the pandemic, as discussed over at guttulus.com, the number of people buying cards has also risen, and it is this increase in sales that has led to an increase in card prices.
COVID-19 stimulus checks
The release of COVID-19 stimulus checks has also contributed to the rise in Magic the Gathering card prices according to the subject matter experts over at runrex.com. This is because this has meant that collectors and investors have got extra cash to spend, which they have duly invested in Magic the Gathering cards, leading to a spike in sales, and, consequently, a spike in prices.
Influencers
Just as has been the case with Pokémon cards as discussed over at guttulus.com, the impact of social media influencers on the prices of Magic the Gathering cards cannot be underestimated. We have seen influencers on social media platforms, particularly on YouTube and Twitch, spend big bucks on rare Magic the Gathering cards, which has created a frenzy and hype around them, resulting in the recent rise in card prices.
Nostalgia
Recent times have also seen a wave of nostalgia sweep across the world with people looking to reconnect with some of the things they were passionate about while growing up. This includes those who used to play Magic the Gathering but stopped for one reason or the other. According to the gurus over at runrex.com, this has led to more hype around MTG, which has also contributed to the recent rise in card prices.
Childhood fans can afford cards
Childhood fans who grew up on Magic the Gathering are now in their late 20s or early 30s. They are, therefore, able to afford to buy cards that they couldn’t afford previously, and they are now free to build or complete their collections as articulated over at guttulus.com. This is another reason why we have seen an increase in Magic the Gathering card prices as childhood fans invest more in the game, boosting demand for cards, hence leading to a spike in prices.
Chance to make money
The fact that investing in collectible cards has gone mainstream in recent times has also contributed to the recent increase in Magic the Gathering card prices according to the subject matter experts over at runrex.com. More and more people recognize that there is an opportunity to make money out of Magic the Gathering cards, particularly those that are rare and valuable. They are, therefore, looking for investment opportunities and are prepared to pay big bucks for the right cards, which has also contributed to the rise in card prices.
Spare money
Many people have also saved on expenses during the pandemic, saving money that they would have otherwise used on vacations, transport and gas when going to work, and other such expenses as covered over at guttulus.com. With such savings made, particularly for those whose earnings haven’t been affected by the pandemic, people are beginning to spend on stuff, including Magic the Gathering cards, which is why we have seen an increase in prices as far as cards are concerned.
Cards are rebounding
Speaking of the pandemic, it has also affected Wizards of the Coast as it has led to the publisher having to cancel events and tournaments that had been scheduled during the time the pandemic has been in full swing. This, as explained over at runrex.com, has caused the prices of Magic the Gathering cards to decline. In recent times, however, as things have started to return to normalcy in certain areas, we have seen the prices rebound and rise once more.
Need for distractions
Earlier on during the pandemic, when there were no live sporting events or any other such events, people needed a distraction, and that is where Magic the Gathering came into play as per the gurus over at guttulus.com. People started to play the game more, which led to an increase in sales as far as the cards are concerned, leading to the rise in prices we are seeing recently. This is a trend that has been maintained with more and more people playing the game now than ever before.
Pack openings
Pack openings on YouTube have been extremely popular in recent times, again with people needing a distraction and something to watch that is not Netflix. Whether or not they are buying, people have been tuning in to watch live MTG card pack openings on YouTube and Twitch, which has also contributed to the price increase as it has created hype and publicity around the game as discussed over at runrex.com.
These are some of the reasons behind the recent rise in Magic the Gathering card prices, with more on this topic to be found over at the highly-rated runrex.com and guttulus.com.