Last updated on March 20, 2026

Mox Pearl (Ultra Rare Cards) - Illustration by Raoul Vitale

Mox Pearl | Illustration by Raoul Vitale

Post Malone’s two million dollar The One Ring made people take notice of Magic finance who never really had before. And although individual cards can go through the roof, we thought a look into the prices of whole Magic sets would be interesting.

When I first started playing in 1995, I knew people whose goal it was to own a copy of every card in each set, to have a complete collection of Magic. When browsing bulk bins, I’d see people getting really excited about some worthless common that just happened to fill a slot in their binder. Those days are long gone, although in the early days of Magic Arena I would see posts on blogs and reddit about how to most effectively complete your Arena collection for each set. Although I don’t really see that so much these days, that impetus is deep in the history of Magic, and we’ll revisit it here today.

There are over 100 sets of Magic cards, depending on how you define that. Let’s look at the top quarter of those, with the 25 most expensive Magic sets.

What Determines a Set’s Value?

Dockside Extortionist - Illustration by Forrest Imel

Dockside Extortionist | Illustration by Forrest Imel

A Magic set’s value is determined by the secondary market of Magic players and collectors, investment/finance folks, and the game stores, online and brick & mortar, that price according to the actual demand from people and the expected future demand.

Diving a bit deeper into that picture, a Magic set or card’s value has no fixed referent. Even commodities with clear levels of use-value demand like gasoline, eggs, or palladium fluctuate in price for similar reasons, a combination of demand, investment speculation, and, if not always nostalgia, at least some form of emotional connection to a product that seems stronger than its value in use or consumption. And a gallon of gas provides a fixed amount of energy. For a Magic card, really just a small rectangle of cardboard, the demand is even more subject to change, at least theoretically.

But take the most expensive card in Magic, a Limited Edition Alpha Black Lotus. Various forces work to keep demand on a more predictable rising path. There’s scarcity, nostalgia, and a growing casual player base. The other piece of the pricing puzzle for most Magic cards is the strength of a card in the formats it’s legal in, which makes The Soul Stone about $60 while it’s in Standard. Once the card rotates out of Standard it’ll drop in price, but the amount of that drop is relative to how much players like it in formats like Pioneer, Modern, and Commander. The Meathook Massacre’s $80 price was cut in half after its Standard banning, and this legendary enchantment gradually decreased down to $25 since.

In terms of Magic sets as a whole, we often talk about a critical mass of powerful cards that have not been reprinted. Without that, almost regardless of age, the lowest priced sets tend to hover below $100, like Fallen Empires, Fate Reforged, and Dragon’s Maze. Sets in Standard tend to hover more around the $300 mark, dropping by about half as they rotate, with some, like War of the Spark, having a bit of staying power. Another outlier is Foundations which holds good value at $410.

All that said, I’m sure you can guess the top three sets, right? But there are some surprises, at least to me, in this list of most valuable Magic sets. We value these based on the total value of single cards from each set, including only the regular printings of cards in each set for some long term consistency, not including booster fun like foils, special treatments, etc. There are many sites that compile this data, but we’ve used MTGGoldfish. We’re also not going to rank based on sealed product, which is even more determined by the speculative market and the presence of a few high ticket cards.

#25. Champions of Kamigawa, 2004: $701

This is truly a legendary set. Champions of Kamigawa may have legends all over the place, and plenty of them are not your commanders. It's almost as if this was a Commander set before we knew what EDH would become.

#24. Modern Masters 2015 Edition, 2015: $749

WotC picked out some bangers for Modern Masters 2015. More than 10 years later, you still see plenty of Bitterblossom, Noble Hierarch, and Mox Opal.

#23. Mercadian Masques, 1999: $754

With Food Chain as an exception, many cards from Mercadian Masques have less expensive reprints. There's a charm captured in the pre-Modern frame, and some collectors love it.

#22. Jumpstart 2022, 2022: $959

Jumpstart 2022 is stocked with Commander staples. So while jumpstart boosters are a fun Limited way to play Magic, when you turn those around and gain cards that slot right into a number of Commander decks, you get a set that's a blast to open and surprisingly valuable.

#21. Urza's Legacy, 1999: $987

The middle set of the Urza's block is no slouch when it comes to value. Fearsome cards galore include Memory Jar, Grim Monolith, Iron Maiden, Palinchron, Crawlspace, and Defense Grid. If you're not scared by those, they must make you salty, and if neither of those apply to you, I'm betting they're in your deck.

#20. Eternal Masters, 2016: $1,091

Mana Crypt and Chrome Mox alone are huge chunks of Eternal Masters‘ price with Force of Will and Vampiric Tutor as runners up. And there’s just a solid roster of cards over $20, all the way down to a flock of expensive uncommons like Wonder and the Honden shrines.

#19. Ultimate Masters, 2018: $1,092

Ultimate Masters has the valuable Ancient Tomb and more cards in the $30 range than most sets. There are a lot of cards above $2, but less than most masters sets on this list.

#18. Urza's Destiny, 1999: $1,186

Metalworker, Treachery, and Rofellos, Llanowar Emissary are mere samples of high-power cards throughout this set that either cannot be printed again because they're on the Reserved List. It takes a lot to get on Commander's ban list and Rofellos joins Yawgmoth's Bargain from this set. Otherwise, there are fantastic favorites like Thran Dynamo, Bubbling Muck, and Elvish Piper from Urza's Destiny.

#17. Onslaught, 2002: $1,283

Onslaught‘s original fetch lands are the ONS ticket here, with Polluted Delta fetching among the highest prices. And there’s a bunch of cards that have surprising value here. I see a lot of $2 cards that are key in someone’s best Commander deck, like True Believer, and Artificial Evolution.

#16. Commander Masters, 2023: $1,564

Commander Masters didn’t quite inject enough supply of The Great Henge, Fierce Guardianship or Doubling Season at the top end value. There are a lot of cards at the $3-$10 range, including uncommon artifacts for Commander like Ashnod's Altar and Lightning Greaves.

#15. Double Masters 2022: $1,591

Dockside Extortionist was king in Double Masters 2022 but dropped sharply after its banning. Imperial Seal still earns a high price tag. The game changer Mana Vault is among the leaders, and there’s a bunch of highly valued Commander staples, like Force of Negation, Teferi's Protection and Mana Drain. There are more cards just under $1 than usual, and those usually find themselves over the line soon enough.

#14. Exodus, 1998: $1,619

One of the most top-heavy sets on this list, much of Exodus’s value is in two cards: City of Traitors and Survival of the Fittest. There’s a few other notable cards, like Recurring Nightmare and Mind Over Matter, but the value drops off steeply after that.

#13. Double Masters, 2020: $1,881

There’s a good range of cards in Double Masters, from the top end with Avacyn, Angel of Hope, Force of Will, and Mox Opal. But the set’s value is in a larger than usual number of $30 cards, as well as a good number in every price band down to $2.

#15. Mirage, 1996: $1,908

Mirage is pretty deep, with lots of unreprinted cards holding in around $2, like Kukemssa Pirates and Mangara's Tome. But the big news here is Lion's Eye Diamond with a huge chunk of the set’s value. The followups of Phyrexian Dreadnought and other combo pieces like Shallow Grave and Final Fortune make the set extra enticing.

#11. Tempest, 1997: $1,939

There are a lot of cards here in Tempest at the $10-$30 range. The medallions are in that range, as well. And that’s topped off by the upper tier of Intuition, Earthcraft, and Ancient Tomb.

#10. Stronghold, 1998: $2,311

Stronghold’s value is mostly the story of the Mox Diamond and the Sliver Queen. After that it’s like most sets from the era, tailing off quickly after Volrath's Stronghold to a lot of bulk.

#9. Urza’s Saga, 1998: $4,057

Urza's Saga has a lot, actually. Gaea's Cradle commands a high price. Gilded Drake and Serra's Sanctum are hugely valuable, as are the powerful Yawgmoth's Will, Time Spiral, and Tolarian Academy each over or near $100. There’s also a deep roster of cards at the $2-$5 range, including Oppression, Abundance, and Smokestack.

#8. Revised Edition, 1994: $7,198

Original dual lands are the stars here, from Underground Sea at the top to Savannah toward the bottom but still well into the hundreds. Wheel of Fortune, still the best wheel effect in the game, comes in with hundreds in value, but the card value for Revised Edition spins down from there pretty rapidly.

#7. Portal Three Kingdoms, 1999: $9,781

Portal Three Kingdoms, a set designed around Chinese history intended for the Asian market, did not have a large printing. It was also never really distributed in Magic’s other areas, so the cards have remained difficult to find and sought-after by collectors. Even the basic lands are a few bucks and everything is over $1. There are dozens of cards over $100 in the set, including a lot of legendary creatures that have no real play value. That, plus find the top end of Imperial Seal and Zodiac Dragon, and you’ve got a set for the investors!

#6. Antiquities, 1994: $10,391

Antiquities was a very small set of 100 cards, and almost all of them are more than $1. So it packs a punch. Clearly Mishra's Workshop is the star, followed by Candelabra of Tawnos, then Transmute Artifact which is worth entire Standard sets. Various versions of black bordered Mishra's Factory and Strip Mine command strong prices. It’s really the rarity of these versions as collectibles that’s the thing for a lot of these cards, like this $139 first printing of the otherwise bulk Triskelion.

#5. Legends, 1994: $15,399

There are a ton of terrible cards in Legends, and a fifth of the set’s cards are under $1. But the top end is real, with The Tabernacle at Pendrell Vale, Chains of Mephistopheles and Moat. There are a bunch of cards between those and around $100, ranging from The Abyss to Field of Dreams, and Acid Rain.

#4. Arabian Nights, 1993: $20,634

With almost 20 cards over $200, Arabian Nights is a collector’s item that benefits from its smallish print run of 5 million, which was even smaller than the quickly sold out second set, Beta. The cheapest cards are unplayable but still about $4. And at the top end we’ve got some bangers: Bazaar of Baghdad, nostalgia captain Juzám Djinn and Library of Alexandria.

There are plenty of Reserved List cards in this set, but fewer than The Dark, with its larger print run and less than $1,000 total cost.

#3. Unlimited, 1993: $73,161

You knew the top three would be the first three releases, didn’t you? Maybe you read our piece on the best cards from 1993. Still, seeing the last “real,” and thus most affordable printing of Black Lotus will give you pause. Man. I remember when LGS’s were selling these for under a thousand bucks. It was a long time ago, but we’re talking early Obama years, not when Friends was a new show!

Not to be confused with Revised, Unlimited has got the rest of the Power Nine (some of the strongest, rarest, and priciest cards in MTG), ranging from the top, with Mox Emerald, Ancestral Recall, and Time Walk Then you’ve got the original dual lands and a pile of cards holding value at three digits.

#2. Beta, 1993: $149,050

Beta‘s price is super high considering some of the top cards like Mox Pearl, Mox Sapphire, and Underground Sea, have hard-to-pin market prices. Generally, things are about twice as expensive as Unlimited, including the Black Lotus.

#1. Alpha, 1993: $212,070

I mean, Alpha is probably not that much. Probably. Pricing here is tough, as these cards are not often sold, and lack of liquidity distorts pricing info. MTGGoldfish.com has the value at north of $200k, but that disregards a lot of valuable cards with little data, including half the Power Nine, and the ultra expensive Black Lotus. A recent Alpha Lotus sold for $540,000, but that was autographed by the artist, so that changes the value. Cards like Tropical Island are between two and three times the Beta price, while as we slouch down toward Armageddon, it’s still almost double the Beta price.

Good news for me! The only Alpha card I have is Terror, which I picked up in a bulk bin during the first Kamigawa block, and that’s $200 now! If you want in on the mania, Conservator might amount to something and sits at $1.

Honorable Mention: Mystery Boosters

The Mystery Booster sets are truly strange ones that put playtest cards that are practically official proxies alongside ludicrously powerful cards and sometimes really expensive cards. My examples here are a playtest card that is not for Constructed play, a Commander format-specific card, and a superpowerful card translated from Arena's Alchemy to paper. (How in the world did these drafts work?) Plus there's inconsistent data on these mysteries from 2019, 2021 and 2024's Mystery Booster 2. Again, too weird to rank, but interesting and sometimes valuable enough to mention.

Wrap Up

Yawgmoth, Thran Physician - Illustration by Mark Winters

Yawgmoth, Thran Physician | Illustration by Mark Winters

If we included all the special printings of cards, some sets like Final Fantasy would be astronomical with tens of thousands with the serialized gold Chocobos alone and that doesn't account for foils, Japanese alternate arts, etc. But it’s more interesting, I think, to get a snapshot of the base sets.

Of course, we knew what would be the most expensive, but I’ll bet you didn’t have Jumpstart 2022 on your bingo card!

Collectibles are incredibly volatile spaces to invest in, as anyone who was collecting comics in the 90s can tell you. So do not take any of this as investment advice, please. I myself do not do Magic finance stuff.

This is a fascinating snapshot into the collector’s markets and the price we put on nostalgia. So, what surprised you? Let us know in the comments or on Draftsim's Discord!

Sleeve those good cards, folks, consider grading your best cards, and be sure to ditch any remaining rubber bands!

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