Now, the counterfeiters are making foils, FNM Promos, and Judge Promos.
In just the past four months, they managed to add holograms, start counterfeiting foil cards, and increase the number of cards they offer by more than 300%. In the past, the main concern was random, expensive, old Reserved List cards, which are comparatively easy to counterfeit. This influx of interest in fake cards has pushed the counterfeiters to new heights-just look at the "progress milestones" of one major counterfeiter above.
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This has led to a huge proliferation in the counterfeit card subculture, which now has YouTube channels reviewing these cards, a subreddit devoted to helping players find the most realistic counterfeits, and even (supposedly) a ring of players intentionally playing these cards at large events like Pro Tours and Grands Prix in an attempt to prove just how realistic these cards have become. As cards get more expensive, making fake cards becomes more lucrative, in part because the number of players who can afford a legitimate Underground Sea or a playset of Mox Opals gets smaller and smaller.
Legacy staples, especially cards on the Reserved List, have gotten insanely expensive, and we were talking just last week about how the lack of good Modern-focused Masters sets had caused the prices of the format to increase 26% this year. However, things have changed in the last year or two. In fact, the addition of the hologram to Magic cards in Magic 2015 was at least in part an effort to cut down on the flood of counterfeit cards coming out of China by making it more difficult for people to make fake cards. Counterfeit Magic cards have been around for a long time, lurking just beneath the surface of the Magic community.
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