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Black Lotus Alpha #232

Set
Alpha
Year
1993
Sport
Magic
Era
Vintage
Grades on record
12
Verified sales
27

No headline price

This card has a verified sale at 12 grades from a named grading company, across 3 grading companies (BGS, CGC, PSA). Across those, the two ends sit 2.2× apart: BGS 6 at $50,000 against BGS 9 at $108,000. Which one is the price depends on which slab is in your hand.

Notes on the file

Written from the record above. Every figure quoted here is one of the figures in the ladder; anything that could not be traced back to a verified sale was cut rather than corrected.

Most-traded gradeBGS 9 · $108,000 · 10 verified sales

What this card is

Black Lotus Alpha #232 is a Magic: The Gathering card from the Alpha edition, one of the most recognized cards in the trading card game hobby.

Longest-standing figureCGC 7.5 · $45,779 · last sold 24 FEB 2021

The set it came from

This card is identified as part of the Alpha edition. No further details on set size, print run, or release date are available in the source data.

Spread across graded copiesBGS 6 $50,000 → BGS 9 $108,000 · 2.2×

Why the grades diverge

Professionally graded copies exist across multiple grading companies, including PSA, CGC, and BGS, with realized sales recorded at grades ranging from BGS 6 up to BGS 9.5. No population or registry-ranking data is available.

Most recent verified salePSA 8 · $100,000 · 27 JUN 2026

What the record shows

Realized sales for this card span from 2021 to 2026 and show wide price variation by grade and sale date. The data includes sales across BGS, CGC, and PSA grading, with prices not moving in strict correlation to grade alone, reflecting market timing and demand fluctuations over the multi-year window.

On the record5 questions the archive can answer
What set is Black Lotus Alpha #232 from?
It is from the Alpha edition, based on the card's identification. No additional set details are available.
What is the highest recorded sale price for this card?
The highest recorded realized sale in the available data is $222,000 for a BGS 9 copy, sold on 2023-04-20.
What grading companies have graded this card?
Realized sales in the available data include copies graded by PSA, CGC, and BGS.
Has the price of this card been stable over time?
No. Recorded sales range widely, from $3,800 to $222,000, across different grades and sale dates from 2021 to 2026.
What was the most recent recorded sale?
The most recent recorded sale in the available data is $100,000 for a PSA 8 copy, sold on 2026-06-27.
Where each graded copy sits — log scale7 priced grades
$50,000 BGS 6BGS 9 $108,000

The grade ladder

Every grade this card has a priced record in — nothing withheld — kept apart by grading company because a PSA 10 and a CGC 10 are different assets. 5 figures are marked disputed and should not be read as this card's price at that grade.

Black Lotus Alpha #232 — value, evidence and recency for every grade on record
GradeValueLast verified sale Realized rangeSold / comps DepthBasis
BGS — graded 7 grades · 22 verified sales
9.5 $3,800disputed: Priced below BGS 9, a lower grade from the same company 11 DEC 2025 $3,800 1 realized sale of 1 comps thin last comp · sold
9 $108,000 29 AUG 2025 $62,218 – $222,000 10 realized sales of 10 comps thin last comp · sold
8.5 $81,250disputed: Priced below BGS 7, a lower grade from the same company 07 DEC 2024 $81,250 – $108,000 3 realized sales of 3 comps thin last comp · sold
8 $70,000disputed: Priced below BGS 7, a lower grade from the same company 13 JUL 2024 $66,069 – $96,000 4 realized sales of 4 comps thin last comp · sold
7.5 $76,210disputed: Priced below BGS 7, a lower grade from the same company 26 JUL 2021 $76,210 1 realized sale of 1 comps thin last comp · sold
7 $87,000 11 JUN 2022 $37,479 – $87,000 2 realized sales of 2 comps thin last comp · sold
6 $50,000 18 MAY 2024 $50,000 1 realized sale of 1 comps thin last comp · sold
CGC — graded 4 grades · 4 verified sales
8.5 $75,000 28 JUN 2025 $75,000 1 realized sale of 1 comps thin last comp · sold
8 $68,750 13 DEC 2025 $68,750 1 realized sale of 1 comps thin last comp · sold
7.5 $45,779disputed: Priced below CGC 4.5, a lower grade from the same company 24 FEB 2021 $45,779 1 realized sale of 1 comps thin last comp · sold
4.5 $52,800 04 MAR 2022 $52,800 1 realized sale of 1 comps thin last comp · sold
PSA — graded 1 grade · 1 verified sale
8 $100,000 27 JUN 2026 $100,000 1 realized sale of 1 comps thin last comp · sold

How these numbers are made

Source
FLOAT's own verified-comp archive. A comp is a realized sale only when it settled as an auction, a fixed-price purchase or an accepted offer; marketplace asks and price-guide columns are counted separately as quotes and can never stand in for a sale.
This file
27 verified sales across 12 grades, computed from the archive as it stood on 07 AUG 2026.
Recency
Each grade shows the date of its own most recent verified sale. There is no refresh clock on this page and there will not be one: a graded card of this kind changes hands roughly twice a year, so a ticking counter would imply motion this market does not have.
Missing figures
A grade with no verified sale says so and shows no date. Nothing on this page is estimated, extrapolated or filled in from a comparable card.
Which grade is yours
Read the row for the company on your slab. The grade number alone is not enough — the same number from two companies is two different assets and trades accordingly.
Reading a row
"Value" is what the archive resolves that grade to; last comp means it is simply the most recent realized sale, carried forward. "Depth" is how much recent trade stands behind it — thin means fewer than three sales in the window, which is most of this market.
Disputed figures
A row marked disputed contradicts another row on this page: a grade priced below a lower grade from the same grading company, or an ungraded copy priced at or above a graded one. Both figures cannot be right and the archive does not say which is wrong, so neither is deleted and the less credible side carries the mark. Removing the row would hide the conflict rather than resolve it; 5 of the 12 grades on this page are marked. Disputed figures are never used for the spread quoted at the top of this page.