Monster Reincarnation is a Normal Spell Card.
Spell Cards are usually activated from the hand on your turn unless their type gives another timing window.
On the current TCG and OCG Forbidden & Limited lists tracked here, Monster Reincarnation is Unlimited.
YGOPRODeck lists Monster Reincarnation for these formats: GOAT, OCG GOAT, Duel Links, Common Charity, Edison, TCG, OCG, Master Duel.
A listed print of Monster Reincarnation appears in Dark Legion Starter Deck (YS15-ENL16) at Common rarity.
Among markets shown on this page, the lowest listed snapshot for Monster Reincarnation is about $0.13 on TCGPlayer (prices change frequently).
