The Hobbit: Eternal-Legal fell 15% in two months, a softer drop than new sets
57 of 62 cards worth $20 or more are cheaper than at the end of launch week, yet the set lost less than the typical new one. The five priciest cards fell harder than the rest.
The Hobbit: Eternal-Legal came out on August 14, 2026. We start measuring on August 28, the last day of launch week, because launch prices are set before boxes are opened at scale. From then to October 26 (59 days), the median card worth $20 or more lost 15.3%.
That is a real drop, but a milder one than usual. Of the 62 cards in the selection, 57 are down and 5 are up.
The set beat the typical new set
In tcgrate's study of sets released from March to early September 2026, the typical card worth $20 or more lost 21.0% by 60 days after launch week. The study covers 62 sets and 1,189 cards, and 82% of those cards were cheaper. In The Hobbit: Eternal-Legal the median loss is 15.3%.
Still, 22 cards moved 20% or more. Only 7 stayed within 5% of their August 28 price.
The five priciest cards fell harder
The top of the set took more of the damage. The five most expensive cards lost a median of 26.2%, while the rest of the set lost 14.9%.
Mox Amber (Borderless) (Dwarvish) in foil is the most expensive card in the set. It went from $772.42 to $487.63, down 37%, or $284.79. Arcane Signet (Borderless) (Dwarvish) in foil fell 47%, from $331.99 to $176.42. The One Ring (Borderless) (Surge Foil) lost 25%, ending at $438.34.
Witch-king lost 55%
Witch-king, Bringer of Ruin (Borderless) (Surge Foil) had the biggest drop of all cards, from $67.39 to $30.25. Its first price after release was $97.50, so it is down 69% from there.
Dwarven Warriors (Borderless) (Dwarvish) shows the same pattern over a longer stretch. Its first price after release was $72.15, and it now sits at $20.82, a 71% decline.
Few gains, and one still below its start
The biggest gain of all cards is Flowering of the White Tree (Borderless) (Surge Foil), up 24.5% from $38.92 to $48.44. It is still 38% below its first price of $77.92. Minas Tirith (Borderless) (Surge Foil) gained 7.3%, to $24.70.
The ten most expensive cards
| Card | Aug 28 | Oct 26 | Change |
|---|---|---|---|
| Mox Amber (Borderless) (Dwarvish) · foil | $772.42 | $487.63 | −36.9% |
| The One Ring (Borderless) (Surge Foil) | $584.52 | $438.34 | −25.0% |
| Orcish Bowmasters (Borderless) (Surge Foil) | $198.59 | $177.22 | −10.8% |
| Arcane Signet (Borderless) (Dwarvish) · foil | $331.99 | $176.42 | −46.9% |
| Galadriel, Light of Valinor (Borderless) (Surge Foil) | $223.44 | $164.94 | −26.2% |
| Mox Amber (Borderless) (Dwarvish) | $267.33 | $160.25 | −40.1% |
| The One Ring (Borderless) · foil | $165.84 | $159.92 | −3.6% |
| The One Ring (Borderless) | $144.44 | $132.75 | −8.1% |
| Sauron, the Dark Lord (Borderless) (Surge Foil) | $150.76 | $118.02 | −21.7% |
| The Reaver Cleaver (Borderless) (Dwarvish) · foil | $103.10 | $85.92 | −16.7% |
What the numbers say
The set lost value, but less of it than the typical new set: 15.3% at the median against 21.0%. The losses were heaviest at the expensive end. Every card has its own price history on the The Hobbit: Eternal-Legal page. An earlier look at the set is in The Hobbit two months in: 36 of its 37 priciest cards are down.