The original card had "you draw two cards and lose two life", "destroy target creature," and "cast a spell without paying its mana cost." The last ability was both too powerful and not really black (black could cast a spell out of a graveyard)
Many consider this a win con style card since you'll take out their win cons in a control match up or their answers to your win cons, or their best cards and then drop their deck size in a milling deck
(Artifacts, legendaries, and Sagas are historic.) P/T Number 327 Language English Legal Formats Commander, Historic, Legacy, Modern, Vintage Not Legal Formats Alchemy, Brawl, Competitive Brawl, Pauper, Pioneer, Standard, Timeless Rulings (6/16/2023) A card, spell, or permanent is historic if it has the legendary supertype, the artifact card type, or the Saga subtype
This is why its more valuable than your standard land cards