When trading or buying cards, it's often hard to know how much a given card is worth. You don't want to overpay for cards and you don't want to trade your most expensive cards for too little.
Some people ask around, or ask their local card store for a price. Others go to a major online retailer to find the value of their trades or check on Ebay. It's usually too much work to check every site every time you want to trade a card however, so you are often left with guessing if a card is really worth the price you found.
When you are in the market to buy cards for cash, the problem is even worse - there are literally hundreds of online singles retailers, each of which update their prices daily, not to mention the millions of sales on eBay and other sites that you can buy from. Even if you think you have found the best deal, without an understanding of historical prices there is no way of knowing if the card has recently seen a big spike in price or if its value has been plummeting.
MTG Price is designed to solve these problems - we provide fast, accurate prices for Magic: the Gathering cards based on data from hundreds of stores and thousands of auctions. We show you historical prices so you can understand how the prices for your card have changed over time and we spotlight some of the cheapest places on the Internet to buy them. The prices you see displayed are fresh and come from real Internet sites - these are not simply weekly averages.
At the core of our service is a special pricing algorithm called the Fair Trade Price, designed to overcome two major problems with online prices. The first is volume: If a small card store is charging $1 for a card (and only has one available) and eBay sold 200 of them yesterday for $2 each, it's likely that the true value of the card is closer to $2 than $1. Our Fair Trade Price algorithm takes the size of a retailer into account and weighs prices from higher-volume stores with more importance than those with lower volumes. Of course, we'll also tell you where to find that great $1 deal so you can snap it up!
The second problem is simple: we need to know how much a card actually sells for, not how much it is listed for sale for. Someone could list 500 Lightning Bolts for $30 each on eBay (which would skew a simple average) but unless someone buys them, this price is irrelevant. FTP takes this and many other factors into account.
Ever wonder how much your card collection is worth in the real world? Don't feel like going through hundreds of cards every single day to see how the value changed since yesterday? Neither do we!
Collection Manager allows you to store your cards online, see how much your total collection is worth and track the value of your collection over time. Additionally, you can see detailed historical graphs to help you understand how your collections value has developed.
Want to know how much a deck would cost to build, or how much it would cost to get just the cards you are missing for that latest tournament deck? The Deck Tracker gives you the ability to log a complete deck and automatically find out how much it would cost to buy just the cards you are missing or the whole deck. You can see how the prices have changed over the previous days and use our graphs to see if a the cards in a particular deck are becoming more or less popular.
Of course, you can log more than just decks. For example, ever wonder how the price of the Power 9 has changed over time? You can share your own lists of cards with friends just by giving them the URL at the top of the page. (Don't worry - only you can change the deck!).
Our alert system lets you be the first one to know when a store has a Tarmogoyf for under $50 and lets you snap it up before others even knew it was available. Alerts are unique to you and are not shared with anyone else. Our custom alerts give you the power to finish that deck or set you are working on without having to pay the current price. For example, if you noticed that a card you want that is usually $5 (based on the historical price graph) is currently selling for $8, you can set an alert to be informed when the price drops back down to a more reasonable level before you buy it, even if it takes months to drop back down.
We are adding new features to MTGPrice.com on a daily basis. For example, we recently added "events" to our graphs - this allows you to see how a recent event in the MTG world like a major tournament or a recent DCI banning changes the price of a card, a deck or your entire collection.
Or, if you ever wondered if you were making good trades, our Fair Trade Wizard will let you quickly add up the prices of the cards you are trading away and compare them to the ones you are about to get. Soon, these trades will be automatically added to your collection so you can track your trading ability over time.
We have plenty of other new features coming in the next few weeks. Sign up for our early-Beta mailing list to stay informed!