Three mana for a 1/1 flyer that stuns something is probably already a playable card especially in a format with a Faerie deck and some payoffs for tapping things, so the fact that you also have the option of just playing this on turn one makes this a nice Common One of the downsides with counter magic that gives your opponent the option of paying mana to ignore it is that it gets worse as the game goes longer, but the Faerie upside here helps hedge against that
For context, the base printing of Sephiroth, Fabled SOLDIER is sitting at a market price of $37.76 at TCGPlayer, so if you're looking for a copy for Commander and not trying to break the bank, just stick with the base version - they're the same card at the end of the day
It stands to reason then that the card has been sitting around the $50 mark and hasnt dipped under $44 since its launch in June 2023
2 New Play Styles Have Emerged Speaking of the stall, that has actually become a legit strategy
Later expansions added six more : the Naga and Scorpion Clan in Shadowlands , Toturi's Army and Yogo Junzo's Army in Anvil of Despair , and Yoritomo's Alliance and The Brotherhood of Shinsei in Crimson and Jade