Millennials Have Created a Lucrative Stock Market for Pokémon Cards, Leaving Kids Scrambling
The world of Pokémon has been a beloved franchise since the late 90s. Millions of fans have fond memories of playing the original Red and Blue games or trading cards in school playgrounds for that elusive shiny Charizard. However, a recent phenomenon has turned the franchise's trading card hobby into an almost impossible-to-access stock market, where adults are snapping up new cards at exorbitant prices before they're even released.
Selling old cards to collectors is part of the hobby, but the resale market for Pokémon has skyrocketed, with even new cards valued in the hundreds of pounds before anyone has had a chance to buy them. The latest set, Phantasmal Flames, boasted a rare special illustration Charizard worth over £600, just hours after its release. This lucrative market has created a speculative bubble around the card game, where adults are accumulating all available cards in hopes of making a quick profit.
This has led to a crisis for kids who want to collect and play with Pokémon cards. Online retailers like Amazon have implemented a "request-to-buy" system, which puts everyone's name into an opaque lottery for the chance to purchase cards. In real life, resellers are queuing outside shops, buying up every available item before anyone else can get their hands on it – all at inflated prices.
The situation has become so dire that some business owners have reported customers threatening violence if they don't get their hands on certain cards. "My staff have had customers threatening to come back and rip our heads off," says Ben Thyer, owner of BathTCG, an independent shop specializing in trading card games. "It's become quite unpleasant at times."
Social media influencers are also fueling the frenzy by showcasing elaborate opening sessions on YouTube and TikTok, exaggerating their finds and making them seem like rare treasures. This has created a false narrative that anyone can easily make thousands of pounds by simply opening packs of cards.
The situation is not just affecting shop owners but also the hobby itself. Pete Sessions, a project manager from Bristol, worries about his son Alfie's perception of the game. "He's been into Pokémon for years, but just got into collecting cards over the past six months – I've had to ask shops when their stock drop days are just to try to find some." The emphasis on making money has overshadowed the joy of collecting and playing.
The hype around the card market has also led to devious practices like selling fake cards or opening and resealing packs to swap out rare cards. The card-grading industry is another layer of complexity, where independent organizations rate and seal cards to potentially increase their value.
Despite the Pokémon Company's claims that they're working to print more cards, demand remains high, and prices continue to skyrocket. However, there are signs that the market may be correcting itself as supply for older sets starts to trickle back onto shelves. "There are signs of the market cracking – prices of singles are coming down, sealed products are coming down," says Thyer.
The world of Pokémon has been a beloved franchise since the late 90s. Millions of fans have fond memories of playing the original Red and Blue games or trading cards in school playgrounds for that elusive shiny Charizard. However, a recent phenomenon has turned the franchise's trading card hobby into an almost impossible-to-access stock market, where adults are snapping up new cards at exorbitant prices before they're even released.
Selling old cards to collectors is part of the hobby, but the resale market for Pokémon has skyrocketed, with even new cards valued in the hundreds of pounds before anyone has had a chance to buy them. The latest set, Phantasmal Flames, boasted a rare special illustration Charizard worth over £600, just hours after its release. This lucrative market has created a speculative bubble around the card game, where adults are accumulating all available cards in hopes of making a quick profit.
This has led to a crisis for kids who want to collect and play with Pokémon cards. Online retailers like Amazon have implemented a "request-to-buy" system, which puts everyone's name into an opaque lottery for the chance to purchase cards. In real life, resellers are queuing outside shops, buying up every available item before anyone else can get their hands on it – all at inflated prices.
The situation has become so dire that some business owners have reported customers threatening violence if they don't get their hands on certain cards. "My staff have had customers threatening to come back and rip our heads off," says Ben Thyer, owner of BathTCG, an independent shop specializing in trading card games. "It's become quite unpleasant at times."
Social media influencers are also fueling the frenzy by showcasing elaborate opening sessions on YouTube and TikTok, exaggerating their finds and making them seem like rare treasures. This has created a false narrative that anyone can easily make thousands of pounds by simply opening packs of cards.
The situation is not just affecting shop owners but also the hobby itself. Pete Sessions, a project manager from Bristol, worries about his son Alfie's perception of the game. "He's been into Pokémon for years, but just got into collecting cards over the past six months – I've had to ask shops when their stock drop days are just to try to find some." The emphasis on making money has overshadowed the joy of collecting and playing.
The hype around the card market has also led to devious practices like selling fake cards or opening and resealing packs to swap out rare cards. The card-grading industry is another layer of complexity, where independent organizations rate and seal cards to potentially increase their value.
Despite the Pokémon Company's claims that they're working to print more cards, demand remains high, and prices continue to skyrocket. However, there are signs that the market may be correcting itself as supply for older sets starts to trickle back onto shelves. "There are signs of the market cracking – prices of singles are coming down, sealed products are coming down," says Thyer.