Cheapest priced copy (Dominaria United Commander): $1.29 at Card Kingdom, near mint, their price list as of .
Emperor Mihail II 
Legendary Creature — Merfolk Noble · 3/3 · Rare · The Lost Caverns of Ixalan Commander · #155
You may look at the top card of your library any time.
You may cast Merfolk spells from the top of your library.
Whenever you cast a Merfolk spell, you may pay {1}. If you do, create a 1/1 blue Merfolk creature token.
Legal inCommanderLegacyVintage
Not legal inBrawlStandardPioneerModernPauper
3 printings · $1.29 to $2.99 at Card Kingdom
| Set | Number | Rarity | Card Kingdom | Foil |
|---|---|---|---|---|
| Dominaria United Commander | 23 | Rare | $1.29 | $1.49Out of stock |
| Dominaria United Commander | 73 | Rare | $2.29 | $2.99 |
| The Lost Caverns of Ixalan Commander | 155 | Rare | $1.29 | — |
4 rulings from Wizards of the Coast
- 9 September 2022The last ability triggers whenever you cast any Merfolk spell, not just when you cast a Merfolk spell from the top of your library. It will resolve before the spell that caused it to trigger, even if that spell has been countered or otherwise left the stack.
- 9 September 2022If the top card of your library changes while you're casting a spell, playing a land, or activating an ability, you can't look at the new top card until you finish doing so. This means that if you cast the top card of your library, you can't look at the next one until you're done paying for that spell.
- 9 September 2022You must follow the normal timing permissions and restrictions of the cards you play from your library.
- 9 September 2022Emperor Mihail II lets you look at the top card of your library whenever you want (with one restriction—see below), even if you don't have priority. This action doesn't use the stack. Knowing what that card is becomes part of the information you have access to, just like you can look at the cards in your hand.