https://www.wsj.com/livecoverage/stock-market-today-dow-jones-06-30-2023/card/the-coveted-one-ring-card-has-been-found-L3rZd5eIOtkfega2xjC0
A one-of-a-kind trading card that sparked a global search and a raft of big-money offers has been found, according to an authentication service. The card, a depiction of J.R.R.
That was fast! Wonder if we’ll ever find out who opened it?
Hopefully this means gift bundle prices go down even if by a little bit.
I got briefly bamboozled into reading the Reddit post on this. Apparently we kinda know what Magic community it was found in but not who:
""Update: Polygon spoke Friday with Jeff Tyson, co-owner of Maximum Cards and Collectibles in Whitby, Ontario.
Tyson said that The One Ring was found by the cousin of a regular customer who learned of the epic pull while in the store.
That individual placed the card in a bank vault, secured legal representation, and then arranged for the card to be graded by PSA.
It's not known at this time where the card was purchased or what the owner plans to do with it.""
So it was just some guy who opened it? That's kinda nice actually. Better than someone who's already wealthy and cracking a million packs.
Ohhhh, is this why collector booster boxes have been like twice the price for this release? That hadn't clicked for me, I thought it was just licensing fees to tolkien's estate or something.
@rubythulhu @TheOneCurly
Probably both. Finance person I follow expects about 20% of CB price is Ring speculation.
The rest is probably the licensing fee passed directly to customers
Most of the price difference was that it's a premium product, the products you couldn't open a ring in are also more expensive
https://www.polygon.com/23780343/mtg-where-was-the-one-ring-found-taxes-canada
Looks like the owner is in Ontario according to that article.