Grading Watch: 8 Raw Cards With Serious PSA 10 Premiums - July 2026

Grading Watch
Monster Card Corner · Editorial

Eight raw cards with serious PSA 10 premiums

Our fortnightly screening of raw singles where the gem-graded price towers over the raw one. A watchlist - not a submission tip.

Issue #1 · 14 July 2026 10 min read PSA only
Magikarp
01THE LEADERBOARD

Ranked two ways

Screening spread is the money figure - cash left after costs. Premium ratio shows how many times the raw price a gem copy fetches. They rank differently.

By screening spreadGBP
Estimated £ left after grading + selling costs
Magikarp
£3,136
Charizard ex
£756
Rayquaza V
£738
Lugia V
£626
Raichu
£614
Drowzee
£536
Pikachu ex
£457
Charizard ex
£449
By premium ratio× RAW
PSA 10 comp ÷ raw price
Magikarp
15.3×
Drowzee
13.4×
Raichu
12.2×
Rayquaza V
4.4×
Charizard ex
4.2×
Charizard ex
4.2×
Pikachu ex
3.8×
Lugia V
3.2×
02TOP CANDIDATE

The widest premium on the board

Magikarp
#1 · Top screening spread

Magikarp

SV02: Paldea Evolved · 203/193 · Illustration Rare
Raw
£256
PSA 9
£426
PSA 10
£3,915
15.3×
Premium ratio
£3,136
Screening spread · est.

See the details below.

03THE CANDIDATES

All eight, card by card

Each screened card in its own dossier: raw and graded prices, the premium multiple, the estimated spread, why it's here and what could go wrong.

#1Illustration RareTop spread
Magikarp
Magikarp
SV02: Paldea Evolved · 203/193 · Illustration Rare
Premium ratio
15.3×
Spread · est.
£3,136
RAW
£256
PSA 9
£426
PSA 10
£3,915
A gem copy fetches 15.3× the raw price for this illustration rare.
Risk: 24,856 graded at a 16% PSA 10 rate, so genuine gem copies stay relatively scarce.
#2Special Illustration Rare
Charizard ex
Charizard ex
SV: Scarlet & Violet 151 · 199/165 · Special Illustration Rare
Premium ratio
4.2×
Spread · est.
£756
RAW
£293
PSA 9
£321
PSA 10
£1,225
A gem copy fetches 4.2× the raw price for this special illustration rare.
Risk: 100,096 graded at a 28% PSA 10 rate, so genuine gem copies stay relatively scarce.
#3Ultra Rare
Rayquaza V
Rayquaza V
SWSH07: Evolving Skies · 194/203 · Ultra Rare
Premium ratio
4.4×
Spread · est.
£738
RAW
£265
PSA 9
£412
PSA 10
£1,171
A gem copy fetches 4.4× the raw price for this ultra rare.
Risk: PSA 10s are common here — a 51% gem rate across 18,354 graded can compress the premium.
#4Ultra Rare
Lugia V
Lugia V
SWSH12: Silver Tempest · 186/195 · Ultra Rare
Premium ratio
3.2×
Spread · est.
£626
RAW
£355
PSA 9
£400
PSA 10
£1,146
A gem copy fetches 3.2× the raw price for this ultra rare.
Risk: PSA 10s are common here — a 55% gem rate across 45,276 graded can compress the premium.
#5Illustration Rare
Raichu
Raichu
SV02: Paldea Evolved · 211/193 · Illustration Rare
Premium ratio
12.2×
Spread · est.
£614
RAW
£65.50
PSA 9
£89.04
PSA 10
£800
A gem copy fetches 12.2× the raw price for this illustration rare.
Risk: 8,436 graded at a 19% PSA 10 rate, so genuine gem copies stay relatively scarce.
#6Illustration Rare
Drowzee
Drowzee
SV01: Scarlet & Violet Base Set · 210/198 · Illustration Rare
Premium ratio
13.4×
Spread · est.
£536
RAW
£52.00
PSA 9
£63.97
PSA 10
£695
A gem copy fetches 13.4× the raw price for this illustration rare.
Risk: a PSA 9 barely clears grading costs over raw.
#7Special Illustration Rare
Pikachu ex
Pikachu ex
SV08: Surging Sparks · 238/191 · Special Illustration Rare
Premium ratio
3.8×
Spread · est.
£457
RAW
£207
PSA 9
£239
PSA 10
£782
A gem copy fetches 3.8× the raw price for this special illustration rare.
Risk: 28,615 graded at a 34% PSA 10 rate, so genuine gem copies stay relatively scarce.
#8Special Illustration Rare
Charizard ex
Charizard ex
SV: Paldean Fates · 234/091 · Special Illustration Rare
Premium ratio
4.2×
Spread · est.
£449
RAW
£177
PSA 9
£189
PSA 10
£739
A gem copy fetches 4.2× the raw price for this special illustration rare.
Risk: a PSA 9 barely clears grading costs over raw.
04AT A GLANCE

The whole screen in one table

Every candidate, one row each - built to be screenshotted. Sorted by screening spread.

Card Raw PSA 9 PSA 10 Ratio Spread
Magikarp
SV02: Paldea Evolved · 203/193 · Illustration Rare
£256 £426 £3,915 15.3× £3,136
Charizard ex
SV: Scarlet & Violet 151 · 199/165 · Special Illustration Rare
£293 £321 £1,225 4.2× £756
Rayquaza V
SWSH07: Evolving Skies · 194/203 · Ultra Rare
£265 £412 £1,171 4.4× £738
Lugia V
SWSH12: Silver Tempest · 186/195 · Ultra Rare
£355 £400 £1,146 3.2× £626
Raichu
SV02: Paldea Evolved · 211/193 · Illustration Rare
£65.50 £89.04 £800 12.2× £614
Drowzee
SV01: Scarlet & Violet Base Set · 210/198 · Illustration Rare
£52.00 £63.97 £695 13.4× £536
Pikachu ex
SV08: Surging Sparks · 238/191 · Special Illustration Rare
£207 £239 £782 3.8× £457
Charizard ex
SV: Paldean Fates · 234/091 · Special Illustration Rare
£177 £189 £739 4.2× £449
05RISK & REALITY

What could go wrong

Grading is a bet on condition. The risks below apply to every card here - plus the sharper downside on the cards where a PSA 9 leaves little over raw.

Applies to every card
  • Condition cannot be judged from a catalogue image.
  • Most raw cards will not grade 10.
  • Grading fees, timelines and premiums all move.
  • PSA 10 comps reflect recent last-sold prices; future realisations may differ.
Sharper downside · PSA 9 close to raw
Drowzee
SV01: Scarlet & Violet Base Set · 210/198 · Illustration Rare
Raw £52.00 → PSA 9 £63.97
A 9 barely clears grading costs
Charizard ex
SV: Paldean Fates · 234/091 · Special Illustration Rare
Raw £177 → PSA 9 £189
A 9 barely clears grading costs
06NEARLY QUALIFIED

What just missed the cut

Runner-ups from the pool that cleared the ratio bar but landed below the eight widest spreads.

Greninja ex
Greninja ex
SV06: Twilight Masquerade · 214/167
£406 spread
A strong 3.4× multiple - edged out of the eight on absolute spread.
Held back by SPREAD
Charizard ex
Charizard ex
SV03: Obsidian Flames · 223/197
£391 spread
A strong 6.9× multiple - edged out of the eight on absolute spread.
Held back by SPREAD
Charizard V
Charizard V
SWSH09: Brilliant Stars · 154/172
£374 spread
A strong 3.6× multiple - edged out of the eight on absolute spread.
Held back by SPREAD
Gastly
Gastly
SV05: Temporal Forces · 177/162
£348 spread
A strong 8.0× multiple - edged out of the eight on absolute spread.
Held back by SPREAD
07FAQ

Grading, premiums & how we screen

The questions readers ask most about PSA grading and how Grading Watch is put together.

01What is PSA grading?

PSA grading is a professional authentication and condition assessment service provided by Professional Sports Authenticator (PSA). Cards are examined for centering, corners, edges and surface before being assigned a grade from 1 to 10, with PSA 10 Gem Mint representing the highest standard.

02Is PSA grading worth it?

Grading can be worthwhile when the graded premium outweighs the cost of grading and selling the card. Not every card benefits, and even valuable cards may not justify grading if they are unlikely to reach a high grade. Grading Watch highlights cards with strong PSA 10 premiums, but it is not a prediction that any given copy will grade a 10.

03How does Grading Watch choose cards?

Each issue we screen the catalogue on price, era and rarity, then verify the shortlist against recent graded and raw comparables from live market data. We rank the survivors by screening spread and feature the eight widest. It is a screening list, not a submission recommendation.

04What is the “screening spread”?

Screening spread is the PSA 10 price minus the raw price, minus estimated grading, shipping, selling and transaction costs. It is labelled as an estimate before tax and condition risk - the exact cost assumptions are printed in the methodology box and are placeholders pending confirmation.

05Does a big premium mean I will make money?

No. The premium only pays out on a genuine PSA 10. Most raw cards will not grade 10, condition cannot be judged from a catalogue image, and premiums move with the market. Treat every figure as a screen, not a promise.

06How often is Grading Watch updated?

Grading Watch runs fortnightly, with a fresh screen of raw cards and their graded premiums each issue.

Before you submit

Inspect corners, edges, surface and centering under good light, sleeve the card immediately, and grade yourself conservatively before paying a fee. A premium only pays off on a 10.

This is a screening list, not a grade prediction or submission recommendation. Condition determines outcome. Premiums are not guaranteed and move with the market. Nothing here is financial advice.

TagsGrading WatchPokemon TCG
Monster Card Corner · Editorial · Grading Watch

Tags:
ME05: Pitch Black Pokemon TCG - Set Guide & Prices

Artist Spotlight: 5ban Graphics - Art, Market and 13 Cards Worth Knowing