The elusive PSA 9 Pikachu Illustrator card has broken the record for the highest price ever recorded for a Pokemon card at a public auction selling for an incredible $840,000 via Heritage Auctions.
Disclaimer: Confirmation of payment is pending.
Despite beating the previous record held by a PSA 7 Pikachu Illustrator sold earlier this year for $720,000, estimates and a majority of experts firmly believed that this PSA 9 Pikachu Illustrator would be the first ever $1 million + public Pokemon TCG sale.
The PSA 7 sale back in March was initially a record $900,000 yet remained unpaid leading to another bidder purchasing the card for the recorded amount. That’s why this record will not be official until Heritage Auctions confirms payment for the final price of the PSA 9 copy of Pikachu Illustrator.
In April, a PSA 9 Pikachu Illustrator was purchased privately for $1.275 million by Logan Paul as part of his trade deal alongside $4 million cash for the only PSA 10 Pikachu Illustrator in the world. It is for this reason that so many eyes were on this particular auction to determine whether the private value was in the realm of the card’s current market price or not. With the risk of a recession shadowing over the collectables and crypto markets it’s no surprise that this particular PSA 9 Pikachu Illustrator sold far below its private counterpart from last year.
Distributed as a prize in 1998 for winners of the Japanese magazine CoroCoro’s illustration contest there are reportedly only 39 cards in circulation. Looking at the PSA population report on this particular card highlights the scarcity and rarity of the “Holy Grail” of Japanese Pokémon cards. There are currently 24 graded variants, with only one a PSA 10.
Last year was a crazy time for Pokemon TCG with exponential prices everywhere. In February 2021, American DJ Steve Aoki purchased a raw Pikachu Illustrator for $420,000 before grading the card as a PSA 9.
Other grading companies have also entered the fray when it comes to Pikachu Illustrator. CGC graded their first copy last year when a raw card from this huge $800,000 trade received a Near Mint/Mint+ 8.5 on CGC’s grading scale.
Are you surprised by the final value of this PSA 9 Pikachu Illustrator?
John-Anthony Disotto – Ludkins Media Editor-in-Chief
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