Lotus ScanHow to Track MTG Card Prices
A step-by-step guide to help you track mtg card prices quickly and accurately.
Magic card prices shift constantly, driven by tournament results, new set releases, reprints, and speculation. Keeping up manually by checking store websites is impractical if you own more than a handful of valuable cards. Price tracking tools pull data from major marketplaces and show you changes as they happen, so you can buy, sell, and trade with confidence. This guide shows you how to set up a reliable price-tracking workflow.
Step-by-Step Guide
Scan your collection into a tracking app
The foundation of price tracking is having your collection digitized. Use a scanner app like Lotus Scan to get your cards into a database. Once your cards are scanned, the app automatically pulls current market prices for everything you own, so you have an instant snapshot of your total collection value.
Understand the price sources
Most tracking apps pull prices from TCGPlayer, Card Kingdom, or Cardmarket (for European pricing). Each source has slightly different values. TCGPlayer market price reflects actual recent sales, while Card Kingdom buylist prices tell you what dealers will pay you in cash. Know which source your app uses so your expectations match reality.
Tip: If you plan to sell locally, TCGPlayer market price is the most commonly referenced value in the MTG community.
Review your collection value dashboard
Check your app's collection overview to see total value, most valuable cards, and recent price movements. Lotus Scan provides price history charts so you can see whether a card has been climbing or falling. This context is essential for deciding whether to hold or sell.
Monitor cards with upcoming catalysts
Certain events predictably move card prices. A card featured in a winning tournament deck will spike. A reprint announcement causes prices to crash. New commander releases drive up staples for that strategy. Keep a watchlist of cards you expect to be affected by upcoming releases or events.
Tip: Check MTG spoiler sites during preview season - cards that synergize with newly revealed cards often spike before the new set even releases.
Check prices before trades and purchases
Always pull up current prices before agreeing to any trade or making a purchase. Prices can shift 20-30% in a single week for in-demand cards. A quick scan with your phone takes seconds and ensures you're working with today's numbers, not last week's memory.
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 panic-sell during temporary price dips. Cards reprinted in a new set often drop initially and then partially recover over the following months.
- Track the buylist price alongside the market price. The spread between them tells you how liquid a card is - a narrow spread means you can sell easily at close to market value.
- Prices on cards under $2 rarely move enough to matter. Focus your tracking energy on cards worth $5 and above.
- Set a weekly routine to review your highest-value cards. Five minutes every Sunday saves you from missing a major price swing.