Abandoned Sarcophagus — ruling 1

A token permanent with cycling will go to your graveyard before ceasing to exist. It won't be exiled. Similarly, a nontoken permanent that lost cycling while it was on the battlefield will also go to your graveyard.

Abandoned Sarcophagus — ruling 2

If you cycle an instant card, you may cast it from your graveyard right away before any player may take any other action. If you do, that spell will resolve before the cycling ability. If you cycle a noninstant card without flash, you can't cast it until after the cycling ability has resolved.

Abandoned Sarcophagus — ruling 3

Abandoned Sarcophagus doesn't grant you permission to do anything with those cards except cast them. For example, you can't cycle nonland cards with cycling from your graveyard.

Abandoned Sarcophagus — ruling 4

Certain older cards have variants of cycling, such as basic landcycling or Wizardcycling. Abandoned Sarcophagus's effect lets you cast these cards and exiles them if they weren't discarded for their cycling variant's ability.

Abandoned Sarcophagus : règles, fonctionnement et interactions (MTG)

Abandoned Sarcophagus is one of those cards players keep asking about. Here is, in plain words, what its official text says, the rulings published by Wizards of the Coast, and the combos players actually run.

Official card text

You may cast spells that have a cycling ability from your graveyard. If a card that has a cycling ability would be put into your graveyard from anywhere and it wasn't cycled, exile it instead.

How it works : Abandoned Sarcophagus

Original English text — Wizards of the Coast / Scryfall

#1July 14, 2017· Wizards of the Coast
A token permanent with cycling will go to your graveyard before ceasing to exist. It won't be exiled. Similarly, a nontoken permanent that lost cycling while it was on the battlefield will also go to your graveyard.
No other card is named in this ruling.
#2July 14, 2017· Wizards of the Coast
If you cycle an instant card, you may cast it from your graveyard right away before any player may take any other action. If you do, that spell will resolve before the cycling ability. If you cycle a noninstant card without flash, you can't cast it until after the cycling ability has resolved.
No other card is named in this ruling.
#3July 14, 2017· Wizards of the Coast
Abandoned Sarcophagus doesn't grant you permission to do anything with those cards except cast them. For example, you can't cycle nonland cards with cycling from your graveyard.
No other card is named in this ruling.
#4July 14, 2017· Wizards of the Coast
Certain older cards have variants of cycling, such as basic landcycling or Wizardcycling. Abandoned Sarcophagus's effect lets you cast these cards and exiles them if they weren't discarded for their cycling variant's ability.
No other card is named in this ruling.