If you have two other Nazgls in play and play a third, each gets three +1/+1 counters: one from the two already on the battlefield and the third from the third entering
In an absolute sense, the expected value is solid at the moment, probably significantly better than most people think, although declining prices and the variance of the set mean that opening the set is certainly a risk, since most of the set's value is concentrated in a few extremely expensive (and rare) cards
Market value is $25, and seems fairly stable right now as well, albeit the foil version fetches 10x that, with listings up to $250 at TCGPlayer right now
Checklist Track the loss reason: Mana screw, no draw, no interaction, ran out of threats, got comboed, got out-valued
I think that with all the good white card drawing in New Capenna proper and New Capenna Commander , this is going to end up being close to bulk price in a month or so
Both lifelong Final Fantasy fans and Commander brewers with a soft spot for solid utility have a plethora of White cards at their disposal