The following is for entertainment purposes only. Subject to edit
How do we value the most rare card in a digital card game that is in its infancy?
It goes without saying that all valuation methods are subjective and in todays financial markets are even more subjectivey than usual. So what I am presenting here is an arbitrary and rough method, but no less arbitrary than a stock valuation and certainly no more arbitrary than a crypto one in 2019.
The Archmage card is an ultra rare card in 
The most recent confirmed sale of the regular archmage was for $500:
There are 87 of these cards in existence.
The GOLD archmage is Ultra rare and there are only 3 of them that will ever exist at the most.
Using these very simple inputs we can say:
If there are 87 regular archmagi and the most recent sold for $500, the Gold archmages are 29x rarer. (87 divided 3 = 29).
29 now becomes the multiplier.
If a regular archmage is worth $500, a card 29x rarer is worth
$14,500 ( 500 x 29)
That is the absolute base that the gold archmage is worth according to my inputs.
That doesnt account for subjective variables like:
*it’s one of the very few cards that we know the total number of and is out of print
*there are none for sale currently
*the player base is very small. 2500 or so active players could double and double again very quickly increasing demand for this card and all cards
*the gold archmage is the FIRST of its ultra rare kind, so when other ultra rare cards come out, the gold archmage will alway be the first
*theres always the chance that one of the 3 owners of the archmage will lose their keys and their archmages will be locked away forever, or burned for dec, or never sold
*there might be whales that come into the game that are desperate for such an investable card
*crypto is in a terrible bear market, and this card could be worth even more in a bull market
*this card is one of three which represents 33.3% of the supply. Theres always the possibility someone could successfully corner this card completely
*much much more
With all the above ill go ahead and say that $14,500 is the floor of what this card should be worth based on what its counterpart sold for and perhaps a hefty premium should be placed on top of that as well.... in the neighborhood of 3 - 5x.
For context, I have always believed that having some ultra rare cards would be massively beneficial to all stakeholders (cardhodlers) in the game.
I know this is controversial for some reason but I’m confident I would feel this way even if I wasnt an owner of the gold archmage.
The reasoning behind this is that a card like this is a dream for investors (it’s the reason I, a Splinterlands card investor, bought it ) and if I had this idea as investor, than others would as well.
Attracting investors to the game is a positive for everyone because a few investors begets more investors.... but thats just a part of it.
I hear people screaming for marketing in discord for the game daily. What better marketing could there be for a game than FREE marketing, a news story than mentions a digital card asset sold for five figures!
Imagine gamers and normies alike scratching their heads wondering how they missed out on this insane card and how could it possibly sell for so much!?
Naturally they will wonder if they should get involved where there is this much money to be made from.. A GAME.
I understand this is a game and players naturally gravitate towards stats and playability of cards but I believe for this game to grow we need to distinguish our group from other similar games.
We do that with a card like the gold archmage which makes it not only valuable but...
INvaluable.
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