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Barnebys Magazine

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Magazine/Collectibles/Investigating the Incredible Pokémon Card Market

Investigating the Incredible Pokémon Card Market

Would you have thought that your much-loved set of Pokémon cards might be worth several thousand dollars some day? Find out what's behind this boom.

January 23, 2023Bérénice Robaglia
LONDON, ENGLAND - NOVEMBER 17: Attendees compete at the Pokemon European International Championships at ExCel on November 17, 2017 in London, England. Thousands of competitors from around the world will attend the Pokémon TCG and Video Game Europe International Championships over three days, the first International Championships of the 2018 season. The competition will feature high Championship Point payouts and a prize pool value of up to $250,000. (Photo by John Keeble/Getty Images)

LONDON, ENGLAND - NOVEMBER 17: Attendees compete at the Pokemon European International Championships at ExCel on November 17, 2017 in London, England. Thousands of competitors from around the world will attend the Pokémon TCG and Video Game Europe International Championships over three days, the first International Championships of the 2018 season. The competition will feature high Championship Point payouts and a prize pool value of up to $250,000. (Photo by John Keeble/Getty Images)

A Pokémon card selling for more than a Louis XVIII piece of furniture…these Pokémon cards just might be the antiques of tomorrow!

The Pokémon phenomenon started in the United States, in particular with influencers and Youtubers like Logan Paul. As the buyer of the most expensive card sold privately in the world ($5,275,000), Paul is also known for his boxing fights during which he wears a Pokémon card around his neck. In France, rapper Lorenzo sings about Pokémon cards on TikTok account. In May 2021, he sold his collection of cards for the impressive sum of €305,793 on eBay.

Related: Pokémon: Gotta Catch 'Em All

MIAMI GARDENS, FLORIDA - JUNE 06: Logan Paul wears a Charizard Pokemon card chain as he enters the ring for his contracted exhibition boxing match against Floyd Mayweather at Hard Rock Stadium on June 06, 2021 in Miami Gardens, Florida. (Photo by Cliff Hawkins/Getty Images)

Léonard Pomez, an expert at Ivoire Troyes, the leading auction house in this category in France, explains the arrival of Pokémon cards at auction. Indeed, as with any speculative item, not only are fakes circulating, but it can also be difficult to navigate around the Pokémon market. Since the pandemic, Ivoire Troyes has recorded very good results, notably beating the auction record in France with a Dracaufeu card, estimated at €2,500 it finally sold for €12,000 in June 2021. For the auctioneer, this market is in full expansion and will bring in a new generation of bidders. He concludes "a Pokémon card selling for more than an [Louis] XVIII piece of furniture...these Pokémon cards could well be the antiques of tomorrow."

Who are the buyers?

Are they nostalgics or investors? Geek culture enthusiasts of the 1990s aged between 35 and 55 with a certain purchasing power see an opportunity with Pokémon cards to invest, to collect, and even to decorate. Pomez told us that it is not uncommon to see buyers exhibiting cards in showcases where other icons of Japanese culture are enthroned (Dragon Ball Z figurines, Shogun, Golderak, etc.)

Pokemon Illustrator Pikachu Card (Japanese CoroCoro Rare Holofoil Illustrator Pikachu) - The Swirllustrator Pedigree - CGC GEM MINT 9.5 - Pop 1 - Sold for $900,000 at Goldin in Feb 2022. Image © Goldin

Related: The Baseball Card Boom: A History of Trading Cards

In terms of nationality, cards issued in one country will sell to buyers of the same origin, so there is an international market. Nevertheless, the most incredible results are recorded in the United States and Japan.

Pokémon Rule of Three

As with all categories of objects sold at auction, expertise is a key step. So what should be considered? Here's the Pokemon Card Collector's Rule of Three.

The condition

A so-called “Mint” state is ideal: cards taken out of the “boosters” (sealed pack of cards) and carefully stored in binders. Then there are companies like PCA in France and PSA in the United States that specialize in the scoring of trading cards. These companies will rate the card in particular according to the state of the surface, the edges and the corners where the slightest micro-scratch, white dots, stain or irregularity will considerably reduce the value of the card.

Collection of 6 Pokemon cards in 1st Edition, graded PSA 9 and 10 including Charizard, Venusaur, Tortank, Mewtwo, Nidoking, Electhor. Sold at Ivoire Troyes for €50,000 on June 15, 2021. Image © Ivoire Troyes

The edition

When a card goes to auction, the experts also scrutinize the edition of the card, knowing that the first cards were published in October 1996 in Japan and in 1999 internationally. First published in Japan by Media Factory in 1996, the cards (TCG in English and JCC in French) were published in the United States by Wizard of the Coast in 1999 and, from 2003, the rights were transferred to The Pokémon Company. Since the first editions are the rarest, they are also the most sought after. 

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Rarity

Like any collectible, rarity is at the heart of card valuation. So what makes a card rare? If the card is played in a tournament that makes it coveted. In some cases, the winner's name is even printed on the card. The number of copies made and the illustrator of the card (the Pikachu card bought by Logan Paul was illustrated by Atsuko Nishida, the creator of Pikachu) are also important. Design plays an important role. For example, in the case of the 1999 Shadowless Holographic First Edition Charizard, the stamp was a misprint, making it one of the most expensive cards in the world. In Pokémon, the graduation system helps to see things more clearly: cards with a circle or a diamond, for example, are not worth much, while if you can see a star next to the creature's name, it will have more value. Pomez explains that out of a deck of 102 cards, 16 cards feature a star and a holographic background. If these cards are in good condition then it is worth going to have them appraised. For example, Ivoire Troyes sold 6 first edition cards, graded PSA 9/10 and 10/10, for the sum of €51,000 in June 2021.

Basic set 1st edition in French. Charizard HOLO. Note PSA 9. Sold at Ivoire Troyes on June 15, 2021 for €12,000 with costs. Image © Ivoire Troyes

Want to know the value of your Pokémon cards? Find out with ValueMyStuff!

How to identify fakes?

Pomez reveals to us some details that his experts scrutinize to avoid any counterfeiting. For example, authentic models have a thin gray line on the edge of the card, unlike counterfeits. If the front face of the card is well imitated, the back may reveal a fake, so therefore it is necessary to observe the quality of printing and the colors, in particular the blue tones and the inscriptions. Finally, weight and consistency are revealing as fake cards are often lighter and more flexible.

Check out similar articles on  Barnebys Magazine!

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About the author

Bérénice Robaglia

Bérénice Robaglia is the French Editor at Barnebys Magazine. Bérénice has a master's degree in commerce and a master's degree in research in environmental sciences. Prior to joining Barnebys she worked as a business developer and copywriter for companies such as Convelio and Sotheby's. She is passionate about art history and storytelling techniques. Her favorite artistic currents are concentrated around 18th and 19th century romanticism, pre-Raphaelism and Nabism. Bérénice is also a great admirer of artists such as Anselm Kiefer and Pierre Soulages. Originally from France, she now lives and works in Stockholm where she was able to discover Scandinavian painting. Her favorite artists in this category are Rita Kern Larsson and Sigrid Hjérten.

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Bérénice Robaglia

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