Online MTG card dealer Mage Market announced on March 29th that they will be shutting down their operations and web services during the month of April 2020.
Mage Market is a card market site similar to TCGplayer or MTGgoldfish only they focused their base in Europe with plans to expand here to North America. Unlike other sites, they created an auction atmosphere between buyers and sellers that was more dynamic and where the price wasn’t always static and rigid.
“As a buyer you place Bids on cards if you know what you are willing to pay, e.g. “I bid $10 for a Flooded Strand”. You’ll now wait until a seller accepts your Bid or increase your Bid to make it more interesting. At any given time you can click buy now to buy at the lowest Ask price.
Having Bids is a great way for sellers to sell their stock on their time requirements. You’re not required to wait for weeks to flip cards as you can sell now to the highest Bid.
When a Bid and Ask meet, the transaction is processed automagically, generating a true market price.”
“With our historical data, buyers as well as sellers have transparency on prices of cards in past and present. This is why our platform is the smartest way ever for users to shop for Magic.
From Commander to Standard, from Limited Edition to the newest expansion or supplemental product. Mage Market makes Magic accessible.”
“On Mage, cards are either sold by professional shops with high quality standards or sold by private individuals. On other marketplaces, a card shipped by a private individual with no track record and reviews is always risky. On Mage, the private individual first ships all orders to our Mage Warehouse, we authenticate the order, regarding correct condition, language, set and authenticity. If everything works out fine, we’ll proceed to send all orders to the buyer.”
It is uncertain as to whether Magemarket.com will recover after this global crisis. I wish them luck and hope to see them back up and running again one day.
Let us all hope that this is not a preview of things to come.
Stay Safe. Keep brewing and theory crafting.
