The highest price ever paid for a Magic card was $540,000 for an MTG Black Lotus card of Magic: The Gathering, which is widely regarded as the most sought-after card from Magic and maybe from any trading card game. That is an astounding number, even if it indicates that after years of rapid expansion, the industry for collectible games with trading cards has steadied.
MTG Black Lotus Auctioned For Over $500K
A Black Lotus that was nearly identical to the one that sold for $510,000 two years ago. The card’s case was also autographed by the card’s creator, Christopher Rush, and it received the same perfect Gem Mint 10 grade from the Professional Sports Authenticators as the one in the current auction.
Just six PSA 10 MTG Black Lotus cards are known to exist. The value has increased slightly, but not by as much as the Black Lotus, whose value increased by three between 2019 and 2021 as the appeal of trading card games increased due to the epidemic. Market watchers may come to the conclusion that Bank of America had cause to be upset about Hasbro. This company owns Magic publisher Wizards of the Coast, creating too many cards and depreciating them. Reprints of rare cards, like the Black Lotus, were controversially included in packs honoring the game’s 30th anniversary.
The MTG Black Lotus, from Magic’s first Alpha print in 1993, is renowned for its scarcity (it had a print edition of just about 1,100) and its strength. It is an excellent way to quickly cast potent spells early in the game because it does not cost any mana but instead adds three mana of any color to your pool. It is one of the “Power Nine,” a group of cards whose overpowering strength has led to its exclusion from the majority of competitive play variants.
