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Today I’m looking into the Pokemon 1st Edition Complete Set trading at Rally Road on Monday August 16th, from 9:30 AM – 4 PM EST.
1999 Pokemon 1st Edition Complete Set
What is the Asset?
I wrote about this when Rally IPO’d an identical set in April – but it is what you think it is from the name, a complete set of the 1st Edition Pokemon cards, all graded PSA 10. I wrote an update last month on the most valuable card in the set – the Charizard Holo.
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- Projected future growth
- Asset class ROI, volatility and risk statistics
- Detailed valuation with recent sales
- Our verdict
What is the current status of the Asset?
This originally IPO’d on way back in July of 2020 with 5000 shares at $25/share for a market cap of $125,000. It quickly rose in value, peaking at $120/share ($600,000 market cap) earlier this year at the height of the Pokemon card craze. However, in the last trading window on June 1st it dropped an incredible 68.79% all the way down to $37.45/share (market cap of $187,250) It begins trading again Monday August 16th from 9:30 AM – 4:00 PM EST.
Inferred Valuation / Target Share Price
Look, I know that Pokemon card prices have been crashing and the recent Charizard sale might not mean the bleeding has stopped. It’s a risk to try to time the bottom on any asset. But you have a full set here valued at less than what just the Charizard just sold for.