Why Pokémon Cards Are Worth Hundreds Of Thousands Of Dollars

Why Pokémon Cards Are Worth Hundreds Of Thousands Of Dollars

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Pokémon cards have become very valuable, with some cards selling for hundreds of thousands of dollars. Here’s why Pokémon cards are worth so much now.

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Why Pokémon Cards Are Worth Hundreds Of Thousands Of Dollars

The rise of Pokémon cards from the Pokémon Trading Card Game may seem surprising to some, but the value of these items have been steadily increasing for some time now. First appearing in 1996, the Pokémon TCG has grown and expanded with its video game counterparts ever since. Now, Pokémon cards are making headlines for selling for exorbitant sums of money, even reaching hundreds of thousands of dollars.

The value of cards depend on several factors, including rarity and condition. Damaged edges of cards, as well as any markings on them, can all result in lower grades being assigned. Headlines were made recently when a Pokémon card of the company’s president sold for $250,000, and a 1999 first edition holographic Charizard card sold for over $300,000 as well. This has led to a large number of Pokémon card owners shipping their cards off to grading companies.

The Pokémon TCG boom is overwhelming graders, as appraising companies struggle to keep up with the high demand. At stores, cards are either sold out completely or purchases are being severely limited, as more and more people get back into collecting Pokémon cards. So, why are some cards selling for incredible amounts of money?

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Why Pokémon Cards Are So Popular Again

There are a couple of factors to consider when it comes to explaining the skyrocketed values of Pokémon cards. The first is nostalgia. The kids who grew up with these cards are now adults with their own money, so they’re looking to complete their old collections and perhaps even relive some of those magical childhood memories. Nostalgia and sentimentality can be especially high in tough times, and the COVID-19 global pandemic is certainly another reason the cards may have risen in value since last year.

The pandemic has affected pricing in several collecting markets, most notably when it comes to card trading and retro gaming, as prices for older titles, like Nintendo DS games, have soared. This could be explained by the pandemic also. As more people are indoors, they’re getting back into their collections at home, and they’re spending more time shopping online and hunting down rarities.

This, combined with the steady increase in value of Pokémon cards over the last decade, can perhaps help explain why some of these cards are now selling for hundreds of thousands of dollars. For now, that means Pokémon cards have become a hot commodity once again – and only time will tell if this upward trend in values will continue once the pandemic has waned.

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