Magic: The Gathering has the longest-running secondary market of any TCG.
The Reserved List: Digital Gold
Wizards of the Coast promised never to reprint Reserved List cards. Alpha and Beta printings command the highest premiums — a Near Mint Alpha Black Lotus is worth $500,000+.
Commander Drives Modern Demand
Commander (EDH) is now the most popular MTG format. Staples like Dockside Extortionist, Smothering Tithe, and Jeweled Lotus see sustained demand.
Investment Strategy
For long-term holds, focus on Reserved List staples. For medium-term speculation, watch for cards about to be banned or unbanned.