Charizard-GX

Charizard-GX comes out of Burning Shadows, which I've slotted into the Sun & Moon Era era on Cardboard Assets. That basket has returned +2,029 pp relative to the S&P 500 Total Return across 24 tracked products, with a 41.9% CAGR against SPXTR's 12.8%. Total invested at retail across the era runs roughly $1,837; basket value today is $42,709.

Raw spot sits at $25.00 per the most recent PriceCharting loose comp. The last documented sale closed at $25.04 on 2026-05-03, so the market's barely moved since. The trailing 90-day sample is 132 comps, which I'd call robust.

PSA has graded 3,220 copies of this card. The Grade 10 rate is 69.6%, Grade 9 lands 25.5%. PSA 10 / PSA 9 spread is $240, with PSA 10 trading at roughly 2.7× the PSA 9 comp. That's a meaningful but compressed gem premium. CGC has 1,180 copies on file with a 61.0% Grade 10 rate.

Run those numbers through the optimizer and the verdict is GRADE at PSA. Expected value works out to $304, less raw, less fees, less shipping, gets to a net of $250 per card sent in. ROI is roughly +1000% off the $25.00 raw cost. Most of that EV comes from Grade 10 — that's the bucket I'm effectively betting on when I send this in.

Risk worth flagging: pop counts grow. If grading volume jumps in the next 12 months and the population doubles, the gem-rate denominator gets larger and Grade 10 comps soften. Hard to call where this trends if a major influencer pushes a fresh round of submissions, or if a grader rolls out a service-tier promo that pulls in a wave of marginal copies. My read: the math holds at current pop counts. Watch the 12-month grading volume — that's the lever that reshapes this thesis. For comparable exposure in the same era, look at Latias & Latios-GX, Gengar & Mimikyu-GX. Both sit in the same rarity neighborhood and respond to similar collector dynamics.

Bigger picture: the era basket I'm benchmarking against is dollar-cost-averaged at MSRP across 24 sealed products as they released, then compared head-to-head against the same dollars dropped into the S&P 500 Total Return on the same dates. That's the honest baseline — not a lump-sum-at-inception comparison, which would flatter the cardboard side. Even so, this card's era ran a 41.9% CAGR. Numbers above pull from PSA POP Report, recent eBay sold listings, and PriceCharting loose comps as of 2026-05-04. Coverage expands when our commercial pop-data partner integration completes.