“People my age are finally in their late-20s, mid-30s, and they can afford the stuff they liked when they were kids,” said Jesus Garcia, an assistant comics & comic art operations supervisor at Heritage Auctions.Ĭaitlin Sidhu, a 26-year-old collector who lives in Uruma City, Japan, said what she enjoys the most about building her collection is that she’s able to obtain all the cards she wanted as a kid.
“When I was a kid I absolutely loved Pokémon but couldn’t afford the cards,” Logic said in an Instagram post.Ĭollectors and investors cited several other factors that may be pushing up sales and prices - people are picking up a hobby amid pandemic boredom, the release of the COVID-19 stimulus checks has given them the extra cash to buy cards, and childhood fans have disposable incomes now. “Publicity is always something that can drum up momentum and price,” said Eugene Smith, a 24-year-old card collector and investor from Tampa, Florida, who also happens to work in finance.Ĭontroversial YouTuber Logan Paul has spent almost $300,000 (although he claims he’s reached his breaking point and is done buying them), while the rapper Logic dropped $226,000 on a rare 1st edition Charizard. That, in turn, has encouraged others to snap up cards in hopes that they’ll be able to turn a profit. YouTube stars, celebrities and investors have dropped big bucks on cards, which has contributed to the frenzy and helped push up their value. According to eBay, there were 60% more Pokemon card sales on its platform in September compared to January of this year. On Thursday, a sealed box of Pokémon booster packs sold for a record $360,000 through Heritage Auctions, while a similar set sold for $198,000 only two months ago. Pokémon card sales and prices have skyrocketed this year, with some cards selling for hundreds of thousands of dollars. Foley said that only a year ago, it might have been worth around $250-$300 - roughly half the price. Now, he thought, he’d never be able to get the card. “And as soon as I did that, I think everybody else did, because it went from $375 all the way up to, like $550,” he said. When the 1-minute countdown began, he entered in his max bid of $425. “I’m just watching it throughout the day,” Foley recounted. The card, which started off at $100, began to steadily increase. He was attempting to win it at the end of an auction, one of the most adrenaline-inducing parts of bidding.
It was a rainbow Vmax card featuring Charizard, one of the most popular Pokémon. About two weeks ago, 34-year-old Oregon resident Kalvin Foley wanted to buy a rare Pokémon card on eBay.
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