Most Expensive Magic: The Gathering Card

Ever wonder what someone does with a mathematics degree other than teaching math? Richard Garfield, while studying combinatorial mathematics at the University of Pennsylvania, decided to apply his arithmetic skills to game design. He earned his PhD in 1993, the same year role-playing game publisher Wizards of the Coast first published a card game of his design. That game would go on to become their flagship game, winning awards from the likes of Mensa and the Origin Games Fair, and would eventually lead to Wizards claiming a patent on collectible card games. It was called Magic: The Gathering and to this day it’s enjoyed by over six million players all over the world.
The game, in which players take on the roles of dueling wizards, has spawned an organized tournament circuit, Duelists’ Convocation international or DCI, and a field of professional players. Perhaps the most remarkable aspect of the game, however, is the secondary market formed around valuable cards. Certain cards become highly valued through rarity or utility and may be purchased for hundreds or even thousands of dollars.

The world’s most expensive Magic: The Gathering card is an Alpha Black Lotus. The Black Lotus, a particularly powerful card in game play, was released in two limited sets—Alpha and Beta. The Alpha set, limited to only 1.1 million cards as opposed to Beta’s 4 million cards, consists of some of the rarest MtG cards out there. This particular Alpha Black Lotus was given the highest possible PSA (Professional Sports Authenticator) grading, GEM MINT 10, and features artist Christopher Rush’s signature. It’s currently owned by renowned MtG authority Daniel Chang.
An exact figure on the price of the most valuable Magic: The Gathering card is unavailable, but collectors have paid $15,000 for lesser Black Lotus cards.