The original images of the card showed the ID as 41/P1 meaning it would have been the 41st promo in the 1st Promo set
This is a remarkably inefficient card from a card-advantage perspective, but being able to counter spells for free is so valuable that Force of Will remains a consideration for many who just dont have mana laying around
One should assume that the opponent will have at least 6-9 hand traps which means the likelihood of success decreases if we multiply the probability of a player opening the combos by the probability of the opponent opening with hand traps
Unfortunately, it's extremely challenging to locate an NM copy of this card, as it's typically available in MP condition or worse
Of course, the hexcatcher aspect of this lord is that it turns all of your Merfolk into Stubborn DenialStubborn Denials, as you can sacrifice them to counter a noncreature spell unless its caster pays
Thankfully, Wizards has recently reworked their booster pack options to simplify the process