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Tag: Trading card

  • GameStop Wants You To Start Trading In Your Valuable Pokémon Cards

    GameStop Wants You To Start Trading In Your Valuable Pokémon Cards

    Photo: Heritage Auctions / Bloomberg (Getty Images)

    The market for high-end collectibles like rare Pokémon cards has exploded in recent years, and GameStop seems to want a piece of it. The gaming retailer told some store managers this week that it would begin testing buying Professional Sports Authenticator (PSA) graded trading cards later this month as it flails around for a new business strategy while its meme stock shenanigans continue.

    “Exciting news,” read an internal message shared over on the GameStop subreddit yesterday. “We are happy to announce that we are officially getting into Graded Collectibles. Starting tomorrow, all associates will have access to the Main Menu Learning Course around accepting PSA Graded Collectibles (Just Trading Cards for now).” The company said the program’s rollout would begin next week in just 258 stores to start, including some located in Texas where GameStop is headquartered.

    It’s not clear yet how the program will work, if GameStop plans to resell the cards in-store, or what the limit will be on the prices it can pay. Some self-identified employees on the subreddit have speculated that the stores will only be allowed to buy collectibles graded PSA 8 and above. Still, the prices for those can run from, say, $50 for a Raging Bolt Ex from the recent Temporal Forces Pokémon set to over $29,000 for a rarer Charizard from the original base set.

    The backbone of GameStop’s business once upon a time was used video games. After players completed a new release, they could sell it back to the company for a fraction of the MSRP, which GameStop would then turn around and sell to a new player for almost the full cost of the new version of the game. This “circle of life” propelled GameStop to huge profits in the early 2010s, but has fallen apart as the majority of game purchases have gone digital.

    More recently, the company has doubled down on branded merchandise and collectibles like Funko-Pops and statues of video game characters to make up the shortfall. Despite raking in $1 billion thanks to a meme-fueled stock bonanza, GameStop’s pivots to cryptocurrency, PC gaming gear, and even TVs hasn’t yielded a new path forward for its ailing business. All along the way, GameStop employees have born the brunt the company’s excesses, failings, and resulting cuts.

    It’s unclear if GameStop’s longstanding reputation for poor trade-in deals will extend to its new collectibles program. “10% market price take it or leave it,” joked one person on Reddit. “5% market price cash, 10% market price in store credit, and they sell them at 500% market price.”

              

    Ethan Gach

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  • Pokémon Card Fervor Has An Artist Scared For His Safety

    Pokémon Card Fervor Has An Artist Scared For His Safety

    Some Pokémon cards are highly sought, especially by collectors and by resellers looking to make a quick buck off of rare cards, or cards with distinguishing characteristics that make them more valuable. For example, a card signed by illustrator Naoki Saito reportedly sold for over $100,000 in July 2023, which has had the unfortunate side effect of prompting folks to harass and stalk the artist in ways he recently said made him fear for his life.

    Saito is best known for his work as a contributing artist for the Duel Masters Trading Card Game, Hatsune Miku merchandise, and the Pokémon Trading Card Game. Saito has drawn over 280 Pokémon cards, with many of them hitting online resell markets for absolutely ridiculous prices, particularly if he emblazoned them with his John Hancock. This has made the combination of his art and his signature something of a collectible item for admirers and enthusiasts, and some folks will stop at nothing to get their hands on signed copies of his work. Now, though, Saito is so terrified by the fervor that he may never sign another card again.

    Posting to Twitter in Japanese on February 24 (and translated by VGC on February 27), Saito said he’s repeatedly been “systematically ambushed and surrounded” by multiple people at once, all vying for his autograph. The situation got so bad that, at a recent event he didn’t disclose, Saito said he was “followed by a car for several minutes.” As a result, he won’t personally sign anything until things—and people—calm down.

    “I have always been very happy to be asked for autographs, so I have always done my best to respond to all requests for autographs,” Saito wrote, calling the situations in which people ambush him in groups or while he’s traveling “very annoying.” He stated that at some events, people desperate for his autograph have “been making phone calls to the event management under false identities, trying to confirm my schedule.”

    In a February 27 Automaton report, the editor and writer Shinya Kusaka, who was reportedly with Saito at the time of the car stalking incident, said that the pursuers were so skilled at chasing the artist that they followed Saito into narrow alleyways. Kusaka said that the relentless hawking has caused Saito “severe mental distress,” with folks apparently coercing him into handing out his autograph. Some people, according to Kusaka, even went as far as lying about their sick family members to get Saito’s signature, which just seems like a wild low for resellers.

    Kotaku has reached out to Saito for comment.

    I understand wanting a signature from your fave celebrity, whether that be an artist, musician, writer, or whatever else. That autograph can make for a nice memento and a fantastic memory worth retelling. However, harassing and stalking someone to essentially force them to sign something just so you can make a profit off it? That ain’t it, so hopefully, folks will learn to leave people alone. Saito is just trying to live.

     

    Levi Winslow

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  • NFL Linebacker Retires After Selling Rare Pokémon Card For Over $650,000

    NFL Linebacker Retires After Selling Rare Pokémon Card For Over $650,000

    An NFL player screams at a large and rare Pokémon card.

    Photo: Goldin / The Pokémon Company / Kotaku / Eric Espada (Getty Images)

    Playing in the NFL is tough and many players leave because of career-ending injuries or bad seasons. But after seven years in the league, Las Vegas Raiders linebacker Blake Martinez has retired mid-season for a different reason: He’s making enough money selling Pokémon cards—recently selling a very rare card for nearly $700,000—and doesn’t need the income he gets from playing anymore.

    Las Vegas Raiders player Blake Martinez shocked many fans when he announced last week that he was retiring from the NFL at the relatively young age of 28. He was first drafted by the Green Bay Packers in 2016. Following four years with Green Bay, he joined the New York Giants in 2020 before suffering a torn ACL in 2021. He was released shortly after, and joined the Las Vegas Raiders where he seemed to be doing well this season. In his last game before his retirement, he racked up 11 tackles. However, selling Pokémon cards appears to be Martinez’s true passion—not to mention a pretty good source of income for him—and he’s focusing more on that now.

    As reported by Dexerto, two weeks before announcing his retirement mid-season, the NFL pro sold an extremely rare and valuable Pokémon Illustrator card for a hefty sum. Last month, the card was graded a 9.5 “Gem Mint” quality rating, making it one of the best examples of this coveted card. On October 29 the card—which Martinez nicknamed “The Swirllustrator” because of two small swirl marks in the card’s artwork—was sold via Goldin auctions for a whopping $672,000.

    Yes, this is the same type of rare card that Logan Paul paid over $5 million for earlier this year and wore around his neck during Wrestlemania in April, although his was graded a 10, or perfect quality.

    Read More: The Top 12 Most Valuable Pokémon Cards In History

    Still, this is a big sale, and hardly Martinez’s first time buying and selling Pokémon cards. The former NFL player is a big fan of the cards and has been collecting them for years, though in 2020, in the midst of the pandemic, his love for collecting and selling was reignited. He opens old and new card packs on his Instagram and shares his finds online frequently. In fact, Martinez claims to have found the rare “Swirllustrator” during one of these pack openings. The pro player also has a collectible card business, buying and selling rare cards online.

    “I have chosen to step away from this career at this time to focus on my family and future passions,” explained Martinez in his retirement post on Instagram. It appears his “passion” is using the wealth he made in the NFL to buy and sell rare Pokémon cards. And honestly, I’m happy for the guy. He’s far less likely to suffer a terrible concussion while buying rare Pikachu cards online.

    Zack Zwiezen

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