Studies / The Flesh and Blood Foil Tax

The Flesh and Blood Foil Tax: how much more is a Cold Foil?

Flesh & Blood prints many cards three ways: plain non-foil, a common Rainbow Foil, and a rare Cold Foil. Same card, three prices. We matched every card that has both a non-foil and a foil to measure exactly what each foil tier is worth.

8.3×
what a Cold Foil costs vs the non-foil of the same card
what a Rainbow Foil costs vs the same non-foil
$2.01
the typical Cold Foil (the non-foil: $0.16)

Two foils, two very different taxes

The common Rainbow Foil is a modest upgrade: a median the non-foil, with 52% clearing 2×. The rare Cold Foil is a different animal: a median 8.3× the non-foil, about 4.1× the Rainbow Foil premium, with 42% at 10×+ and 18% at 25×+. If you are chasing value in Flesh & Blood, the Cold Foil is the card; the Rainbow Foil is a nice-to-have.

The most valuable Cold Foils

Cold Foil price vs the plain non-foil of the same card.

CardNon-foilCold FoilPremium
Refraction Bolters$0.38$290763×
Metacarpus Node$3.35$24674×
Bull's Eye Bracers$0.41$226551×
Courage of Bladehold$3.73$21457×
Bloodsheath Skeleta$1.87$14578×
Barkbone Strapping$0.21$140668×

The premium swings with the base card: a bulk non-foil like Refraction Bolters ($0.38) yields the biggest multiple (763×), while an already-valuable base like Courage of Bladehold ($3.73) gives a “smaller” 57×. The Cold Foil is the ceiling either way.

Method & sources

FAQ

Are Flesh and Blood Cold Foils worth more than the regular card?

By a lot. A Cold Foil is the game's rare, cosmetic-chase treatment. Across 409 cards that have both a non-foil and a Cold Foil TCGplayer price, the Cold Foil sells for a median 8.3× the non-foil of the exact same card, 74% are at least 5× and 42% at least 10×. The typical Cold Foil is $2.01 while the non-foil is near-bulk ($0.16), and the top ones clear $200.

What's the difference between a Rainbow Foil and a Cold Foil in FaB?

Rainbow Foil is the common foil treatment that shows up regularly in packs; Cold Foil is short-printed and treated as a premium collectible. It shows in the price: the Rainbow Foil is a median 2× the non-foil (a modest bump, 52% clear 2×), but the Cold Foil is a median 8.3× — roughly 4.1× the Rainbow Foil premium. Same card, three prices: non-foil, Rainbow Foil, Cold Foil.

Which Flesh and Blood Cold Foil is worth the most?

In this data Refraction Bolters: its Cold Foil trades around $290 while the non-foil is about $0.38, roughly 763×. The most extreme ratios come from Cold Foils whose non-foil is bulk; the pattern (Cold Foil ≫ non-foil) holds across the board, not just the chase cards.

Where does this data come from, and is it reliable?

For each card we compared the non-foil, Rainbow Foil and Cold Foil TCGplayer market price via the open tcgcsv.com dataset, matching by product and edition so it is the same card and printing run (TCGplayer market price via the open tcgcsv.com dataset, valued 2026-07-05). We take the ratio per card then the median of the per-card ratios, robust to one extreme card. These are reference estimates for raw cards, not sold or graded records, and prices move. We never scrape marketplaces and never invent a number; the figures are reproducible from the open dataset.

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Foilio (2026-07-05). The Flesh and Blood Foil Tax: how much more is a Cold Foil?. Retrieved from https://foilio.net/studies/flesh-and-blood-foil-tax

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