Lotus ScanHow to Track MTG Collection Value Over Time
A step-by-step guide to help you track mtg collection value over time quickly and accurately.
Your Magic collection is a dynamic portfolio where individual card prices rise and fall with the meta, reprints, and market demand. Tracking your total collection value over time helps you understand whether your cards are appreciating, spot trends before they become obvious, and make informed decisions about when to buy or sell. Unlike a one-time valuation, ongoing tracking turns your collection into a financial dashboard. Here is how to set it up.
Step-by-Step Guide
Start with a complete collection scan
Accurate tracking requires a complete starting point. Scan your entire collection into an app that provides price history, like Lotus Scan. Your initial scan establishes the baseline value that all future changes are measured against. The more complete your initial scan, the more accurate your tracking will be.
Enable price history tracking
In Lotus Scan, price history is tracked automatically for every card in your collection. The app records daily price snapshots so you can see exactly how individual cards and your total collection have moved over time. Make sure this feature is active and that your collection is syncing properly.
Review your value dashboard weekly
Set a routine to check your collection value at least once a week. Look at the total value trend, identify which cards had the biggest gains and losses, and note any unusual movements. Consistency in checking is what turns raw data into actionable insights.
Tip: Sunday evenings are ideal for a weekly review - the market has settled from any weekend tournament results.
Log major collection events
When you add or remove a significant number of cards, note it somewhere. If your collection value jumps $200, you want to know if that's because you added new cards or because existing cards appreciated. A simple note in your phone's notes app with the date and what changed is enough.
Use value trends to inform decisions
If a card has been climbing steadily for weeks, it might be approaching its peak. If a card dropped sharply after a reprint announcement, it might be a buying opportunity once the price stabilizes. Tracking gives you the context to make these calls with data instead of gut feeling.
Tip: Cards that spike from speculation (rather than actual tournament results) tend to crash back down within 2-3 weeks.
Make It Easier with Lotus Scan
Lotus Scan for iPhone simplifies this entire process with AI-powered card recognition, real-time price tracking, and intuitive collection management. Just point your camera and scan.
Pro Tips
- Don't obsess over daily fluctuations. Card prices bounce around constantly in small amounts. Focus on weekly and monthly trends for meaningful signals.
- Compare your collection's performance against the broader MTG market. If your collection dropped 5% but the overall market dropped 8%, you're actually doing well.
- Keep your collection data current. Remove cards you've sold or traded and add new acquisitions promptly. Stale data makes the entire tracking system unreliable.
- Export a monthly CSV snapshot as a historical backup. App data can be lost, but a series of dated CSVs gives you a permanent record.
- If you're tracking for financial purposes, note that MTG card gains are technically taxable income in many jurisdictions. Consult a tax professional for large collections.