Magic Questions: The Reserved List
Today WotC has announced a change to their Reprint policy. Go here to read the announcement. If you are unfamiliar with the Reserved List, go here to read a great article on the subject written by Ben Bleiweiss of Starcitygames. A great deal of discussion has been generated since the announcement of Duel Decks: Phyrexia vs. The Coalition, which will contain a foil Phyrexian Negator (a card found on the Reserved List). According to the old rules of the Reprint policy, WotC was allowed to print premium (i.e. foil) versions of cards on the Reserved list. However, this usually only took place as Judge Reward foils, and thus did not greatly increase the amount of Reserve List cards in circulation. In fact Phyrexian Negator has already been reprinted as a judge foil. Of course the printing of Phyrexia vs. The Coalition changes things.
You may or may not have been aware of all the discussion going on about this subject. A great many people have been flipping their shit about Phyrexian Negator being reprinted. Not because of Phyrexian Negator or even most the cards on the Reserved list (Stephen Menendian calculated that the median value of all the cards on the Reserved list is 99 cents...thanks a lot Homelands!), but because of the dual lands. The prices for dual lands have been increasing by a significant amount in the last few years. This is usually attributed to the growing popularity of Legacy. For example, I can remember 4-5 years ago buying 4 Tropical Islands on eBay for $70.00. I just checked completed listings on eBay for 4 Tropical Islands and I found the average price to be about $184. Of course inflation is a factor too, but the price has more than doubled. I think the people freaking out most are those who have "invested" in dual lands thinking their prices would continue to increase rapidly and are afraid that WotC will start reprinting foil dual lands (even though WotC has never even suggested that might do something like this).
Some people are concerned that once prices reach a certain point (like comparable to the Power 9), people will stop trying to get into Legacy and it's numbers will drop to be similar to that of Vintage. As someone with many dual lands I am concerned, but I think I'd rather have a vibrant Legacy format than expensive dual lands. Plus, I bought them to play with not to resell for a profit and if they reprinted them I could pick up the few that I lack at a cheaper price. But I wanted to know what you thought about this. Is the Reserved list a good idea or not? Is the recent announcement that WotC will no longer be printing premium versions of cards on the Reserved list good or bad? Would it be good for WotC to reprint the dual lands in some fashion (thus getting rid of the Reserve list)? Or would it totally ruin Magic forever and start World War III?
PS: What does everyone think about the fact that the next big fall set will take place in Mirrodin?
PPS: My current plan is to come back to Raleigh in late July and stay through mid-late September. I hope you guys are around for some good times!