Mithril Coat Price

Updated 2026-05-06

Mithril Coat is experiencing a slow leak that hasn't stopped since entry. The foil rare from Lord of the Rings has lost -8.1% from its $32.28 peak over the past 26 days, currently sitting at $29.65 with consecutive negative momentum across all measured windows: -0.9% over seven days and -2.0% over 30 days. This isn't a sharp correction but rather a grinding downward drift, the kind that catches bag holders off guard because it moves just slow enough to rationalize holding. The card has bounced +9.7% off its $27.04 trough, suggesting some floor-finding behavior, though that floor is now testing whether it holds or if sellers continue trickling out. For specs nursing this entry, the real question is whether the floor consolidates here or gives way to $26 and below. Watch for stabilization in the next 7 to 14 days; if the bleed continues past $27, conviction players should reassess position sizing.