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September 23, 2026

The state of the Magic: The Gathering market

Here is what the Magic: The Gathering market actually looks like right now, in numbers rather than vibes. As of September 23, 2026, the TCGIndex Magic: The Gathering market value index sits at $969,121, having climbed +0.4% over the last 7 days and +2.1% over 30. Magic is the oldest and deepest card market there is, shaped by the Reserved List and decades of reprints. Below: what is moving, what holds the most value, and where the value concentrates. This page updates as the market does.

Market index
$969,121
7-day change
+0.4%
30-day change
+2.1%
90-day change
+12.6%
Cards advancing (7d)
54%
Volatility
Low
Cards tracked
114,798
Sets tracked
449

What is moving this week

The biggest 7-day moves are where attention and money are flowing right now. Recalculated daily, so this reflects what is actually happening, not last month's story.

#CardPrice7dBuy
1Roiling Canopy (Borderless)$28.84+194.3%Buy
2Sanctum Lurker (Showcase)$9.49+35.8%Buy
3Samut, Tyrant of Naktamun (Borderless)$73.73+22.5%Buy
4Donate$133.19+22.4%Buy
5Chandra, Torch of Defiance (Borderless)$8.69+21.2%Buy
6Sphinx Ambassador$78.98+18.5%Buy
7Darklight Phoenix$23.30+16.4%Buy
8Vorinclex (Serial Numbered)$1,500+13.7%Buy
9Super Shredder (Borderless)$1,683+11.9%Buy
10Chrome Mox$845.24+7.3%Buy

The top of the market

The most valuable Magic: The Gathering cards tracked right now. These are the blue chips: expensive because the whole community agrees on them, and they behave more like a store of value than a fast move.

#CardPriceBuy
1The Soul Stone (Cosmic Foil)$33,000Buy
2Smaug the Magnificent (Borderless)$22,250Buy
3Black Lotus$12,000Buy
4Paths of the Dead - Cavern of Souls (Borderless) (Serial Numbered)$10,000Buy
5Aragorn, the Uniter (Borderless Poster) (Serial Numbered)$8,000Buy
6Black Lotus$7,700Buy
7Gaea's Cradle$7,400Buy
8Black Lotus$6,500Buy
9Timetwister$6,050Buy
10Traveling Chocobo (Borderless) (Japanese Exclusive)$5,950Buy

The full ranking lives on the most valuable Magic: The Gathering cards page.

Where the value concentrates

Value in Magic is wildly uneven, concentrated in vintage sets, Reserved List cards and premium modern treatments. These are the sets holding the most value right now:

How to read this market

Numbers alone do not make a decision. The index tells you the direction of the whole Magic: The Gathering market, the movers show where attention is flowing, and the most-valuable list shows where the deep, durable demand sits. Read together they separate a real trend from a single noisy sale. The methodology page explains exactly how the index and the signals are built.

Go from the big picture to specific Magic: The Gathering cards

See the cards the model is flagging this week, browse the live market dashboard, or read how the data is built.

Figures reflect aggregated secondary-market data as of September 23, 2026 and can change quickly. TCGIndex provides market data and informational analysis, not financial advice. Do your own research before buying or selling anything.