"Someone has found Magic: The Gathering's Lord of the Rings The One Ring card, which currently has a bounty of $2 million.

As reported by The Gamer, the one-of-a-kind One Ring card avoided the grasp of sticky-fingered children and was instead found by someone who was aware of its value and immediately submitted the card for authentication with the leading card grading firm, the PSA.

Trading card buying and collecting company Dave and Adam's Card World upped its initial $1 million bounty of the card and is now willing to pay $2 million for it, though the transaction has not yet happened as the card has only just emerged. The owner of the card wants to remain anonymous, according to the PSA.

The One Ring received a Mint 9 grading from the PSA, the second highest authentication available. While it seems unfortunate the card didn't gain a Mint 10 grading, achieving this status is incredibly difficult and relies on factors outside the owner's control like text positioning and printing standards.

The most important thing to card game communities and the soon-to-be-millionaire who owns it, is that The One Ring was found in good condition, graded to ensure its quality, and now sits preserved in secure plastic casing.

If its sale for $2 million goes through, it will easily become the most valuable Magic: The Gathering (and any trading card game) card of all time. The record is currently held by a Beta set Black Lotus which sold for $540,000 in March.

The Lord of the Rings: Tales of Middle-earth set was announced by Wizards of the Coast in August 2021 and was finally released on June 23. IGN revealed the first handful of cards from the set in March alongside the announcement of the special One Ring card."

https://www.ign.com/articles/magic-the-gatherings-2-million-lord-of-the-rings-card-has-been-found

1 year ago*

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$2,000,000 for a card from/for a card. Insanity.

1 year ago
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ahh yes magic. once it became insanely pay to win i bailed

1 year ago
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It was always P2W? I thought the idea for TCG was based on the little machines where you put a quarter in to get a toy and its random. I believe at least today they call it GACHA.

1 year ago
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it got worse over time, you used to be mildly competitive with more budget decks.

I dumped MTG after the War of the Spark Mythic Edition Fiasco and WOTC basically giving me the finger(I was around #1k for orders... because ebay cant handle 25+ people trying to buy at once my transaction never went through... so I got no boxes or foil sheet compensation).

couldn't be happier with leaving the game

1 year ago
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In the early days (up until maybe Tempest or so), it was entirely possible to be competitive without shelling out for the "power cards" if you were creative. I used to give many of the early pros in my area fits by wrecking their expensive tourney decks with budget builds. Back then, most high level players were so focused on building decks to counter the current meta that they would crumble if you brought something outside the box. As more money started getting involved at the pro level, the more the designers started aiming to shape the meta and change the rules to feed the gacha machine. This only got worse once Hasbro got their fingers in the pie.

1 year ago
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You mean in Alpha?

1 year ago
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You could always just play limited. Magic's price sucks but the game is still really fun.

Nowadays, I just play EDH with buddies - usually on cockatrice(free) but when we play in person I use full proxy decks

1 year ago
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While it seems unfortunate the card didn't gain a Mint 10 grading, achieving this status is incredibly difficult and relies on factors outside the owner's control like text positioning and printing standards.

But since it's the only one printed, it should be perfect by definition even if it was Comic Sans tilted at a 9 degree angle with offset colors, so these factors really shouldn't... factor.

Aside from this it is of course just a piece of cardboard explicitly designed to be valuable -- and now that it's entombed in a plastic coffin it's not even any good anymore as a Magic card. You have to wonder if the people putting up $2M aren't getting paid under the table somehow so nobody's out the full amount.

1 year ago
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now that it's entombed in a plastic coffin it's not even any good anymore as a Magic card.

To be fair, there are plenty of versions of the one ring that are a lot cheaper (though 60ish bucks is still a lot for a card), the 1/1 is basically a variant

1 year ago
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There are? But it's the One Ring. ...OK, I get that, say, legends are also printed more than once, but when it's in the frickin' name and there's a whole marketing gimmick around it... that just makes me even less impressed with the whole thing.

1 year ago
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Yes, it's just a cool looking version of the card, gold etching, written entirely in Elvish. The price is 100% based on the rarity of the item.

1 year ago
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There are? But it's the One Ring.

Explanation

The dwarves received three rings in the books, so there will be 3,000 non-foil dwarf ring cards and 300 foil serialized ones. Elves got seven, so that means that version will have a print run of 7,000 and 700, respectively. Likewise, for the nine human rings, we're looking at 9,000 and 900. respectively.

Technically I suppose the cards should be called Rings of Power then but I guess that doesn't have as much hype potential.

1 year ago
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3000 rings for the Elven-kings under the sky,
7000 for the Dwarf-lords in their halls of stone,
9000 for Mortal Men doomed to die,
A bunch of variants but also just one special card for the Dark Lord on his dark throne...

Somehow doesn't have the same ring to it -- no pun intended but too good not to keep.

1 year ago
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View attached image.
1 year ago
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Post Malone went public with a 500k offer, then a million. xQc spent a half a million in boxes trying to find it and I believe he was also bidding. 2 million isn't much to either of them and they both love MTG so there's a good chance that either Austin or Felix has the card.

1 year ago
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So a piece of laminated paper which basically has no value is being "graded" by people who literally judge the value of said cards to set the market which they then buy and sell in? Seems legit and not at all scam city. -_-

1 year ago
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PSA doesn't set the market nor sell in it, they just authenticate and grade the condition(print quality, surface condition, etc...) then return the card(or whatever it is) in a case with grading on it to the owner.

the value of this specific card are people wanting the one of a kind official printing of it. I will get a high quality proxy thanks.

there are some rich collectors out there who spend stupid amounts of money on things that are not worth it.

don't confuse PSA or Beckett(these 2 are legit) with Wata games who is definitely doing shady things.

1 year ago
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This is insanity, it's just a card literally designed to be stupidly expensive that doesn't even have any real value in the game itself because nobody would dare use it for playing. I kinda wish this had ended up in the hands of a child, they would have simply played with it rather than entombing it in a plastic case so future archeologist can find it and face-palm at the stupidity of their ancestors.

1 year ago
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I have a collection of 40-60 3rd edition Atogs. $0.01 for all, maybe.

1 year ago
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I heard Post Malone was offering 3 Mi EUR and a "Hang out with me for a day" for the card, that said, i didn't find aniwhere if this info is truth or not.
That said, the most expensive card ever sold i belive is a Beta Black Lotus, signed by the late artist, for about 800k USD, bougth by Post Malone.

1 year ago
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Way back in the 90s, a group of my friends pooled our money together to buy a near mint Beta Black Lotus for another friend's birthday. It was $200 in total. Back then we thought that was insane money for a single card.

She put that card straight into her casual multiplayer deck, btw.

1 year ago
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The ancestor of Crypto.

1 year ago
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thats stupid. its value is inflated and its artificial. rich people just want to waste their money because they dont know where to throw it at.

1 year ago
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Then they found the card is a counterfeit like that fifth golden ticket.

1 year ago*
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It is funny that they could not make the most expensive card they have ever printed a perfect one...

Then again. This once again proves that we live in a bubble. And it might come crashing down some day now.

1 year ago
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Magic always had this shitty artificial side economy but since Eldraine it's like they're purposefully trying to turn the game into whale bait for collectors. I used to love playing it, but now it's sad to see Wizards trying to latch on whatever flavor of geek culture is popular at the moment while making 72 versions of the same card.

1 year ago
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As somebody who casually played Magic in ancient times I think the point when they completely jumped the shark was when they started doing cooperations with different franchises like Battlestar Galactica and Transformers.

I mean Magic has always been a fantasy kitchen sink but what's next? Fast & Furious, Spiderman and The Simpsons? 😆😅

1 year ago
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That's more or less the same time frame I'm talking about. At that point I don't know why they still bother making "original" universes instead of simply turning the cards into ads for KFC and Mc Donald's.

1 year ago
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I do love Magic the Gathering. Even loved the alternate card options (foil, extended, full art).
These alternate cards use to be a side thing, but is recently is seems more like it became the primary aspect of a set. So many cards having like 4 or more art variations, each with their own foil en extended art options.

1 year ago
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I wouldn't be surprised if WotC starts doing something similar to this every summer.

1 year ago
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I've never been a MtG player so I'm not too familiar with it beyond the basics (and stories about Black Lotus), but I recall people speculating that it'd be a while before this particular card would truly be in circulation (and there was the assumption that it would be seeded), since they wouldn't sell/whale as much as they could if it gets found after like a week or so. Since it's been 2 weeks I feel somewhat inclined to believe maybe it has been out there, but who knows.

Either way it almost seems like Cards imitating NFTs imitating Cards XD But I mean, anything is worth something as long as you find someone willing to buy, so even if it seems quite insane to me, I suppose in the end there could be worse things to spend whatever the final bounty will be on. Better things to, surely, but I'm not here to judge. (Okay, maybe a little.)

1 year ago
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https://www.bbc.com/news/world-us-canada-66399865

Post Malone bought it for $2 million.

1 year ago
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