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

Grading Watch
Monster Card Corner · Editorial

Eight raw cards with serious PSA 10 premiums

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

Issue #6 · 25 September 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
£2,539
Charizard ex
£701
Lugia V
£641
Drowzee
£575
Raichu
£546
Pikachu
£540
Rayquaza V
£510
Mew V
£222
By premium ratio× RAW
PSA 10 comp ÷ raw price
Pikachu
19.8×
Drowzee
19.1×
Magikarp
13.3×
Raichu
11.1×
Mew V
5.0×
Charizard ex
4.1×
Lugia V
3.6×
Rayquaza V
3.3×
02TOP CANDIDATE

The widest premium on the board

#1 · Top screening spread

Magikarp

SV02: Paldea Evolved · 203/193 · Illustration Rare
Raw
£241
PSA 9
£361
PSA 10
£3,211
13.3×
Premium ratio
£2,539
Screening spread · est.

The Magikarp Illustration Rare from SV02: Paldea Evolved carries the widest screening spread of every card on this week's watchlist, driven by a PSA 10 price that sits dramatically above raw. The artwork fills the card edge-to-edge with a dense, almost tapestry-like composition: tropical foliage, cascading water rendered in bold brushwork, and a vivid Magikarp arcing through the centre in red and gold against a black holofoil ground that makes the colours pop intensely. That visual ambition translates directly into collector appetite for pristine copies, and the gap between a PSA 9 and a PSA 10 is exceptionally wide here, meaning condition discipline at the point of purchase matters enormously. Population data confirms this is a high-volume card, so competition for gem-mint examples is real, but the raw-to-PSA 10 premium remains one of the most striking on the screening list.

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 Rare
Top spread
Magikarp
SV02: Paldea Evolved · 203/193 · Illustration Rare
Premium ratio
13.3×
Spread · est.
£2,539
RAW
£241
PSA 9
£361
PSA 10
£3,211
A gem copy fetches 13.3× the raw price for this illustration rare.
Risk: 25,937 graded at a 15% PSA 10 rate, so genuine gem copies stay relatively scarce.
#2Special Illustration Rare
Charizard ex
SV: Scarlet & Violet 151 · 199/165 · Special Illustration Rare
Premium ratio
4.1×
Spread · est.
£701
RAW
£277
PSA 9
£305
PSA 10
£1,143
A gem copy fetches 4.1× the raw price for this special illustration rare.
Risk: PSA 10 comp is falling (-6.0% over 30 days).
#3Ultra Rare
Lugia V
SWSH12: Silver Tempest · 186/195 · Ultra Rare
Premium ratio
3.6×
Spread · est.
£641
RAW
£312
PSA 9
£405
PSA 10
£1,114
A gem copy fetches 3.6× the raw price for this ultra rare.
Risk: PSA 10s are common here — a 55% gem rate across 46,708 graded can compress the premium.
#4Illustration Rare
Drowzee
SV01: Scarlet & Violet Base Set · 210/198 · Illustration Rare
Premium ratio
19.1×
Spread · est.
£575
RAW
£37.83
PSA 9
£51.54
PSA 10
£724
A gem copy fetches 19.1× the raw price for this illustration rare.
Risk: a PSA 9 barely clears grading costs over raw.
#5Illustration Rare
Raichu
SV02: Paldea Evolved · 211/193 · Illustration Rare
Premium ratio
11.1×
Spread · est.
£546
RAW
£65.21
PSA 9
£83.39
PSA 10
£722
A gem copy fetches 11.1× the raw price for this illustration rare.
Risk: a PSA 9 barely clears grading costs over raw.
#6Ultra Rare
Pikachu
SWSH11: Lost Origin Trainer Gallery · TG05/TG30 · Ultra Rare
Premium ratio
19.8×
Spread · est.
£540
RAW
£34.25
PSA 9
£66.78
PSA 10
£679
A gem copy fetches 19.8× the raw price for this ultra rare.
Risk: 18,632 graded at a 21% PSA 10 rate, so genuine gem copies stay relatively scarce.
#7Ultra Rare
Rayquaza V
SWSH07: Evolving Skies · 194/203 · Ultra Rare
Premium ratio
3.3×
Spread · est.
£510
RAW
£279
PSA 9
£338
PSA 10
£926
A gem copy fetches 3.3× the raw price for this ultra rare.
Risk: PSA 10s are common here — a 51% gem rate across 19,204 graded can compress the premium.
#8Ultra Rare
Mew V
SWSH08: Fusion Strike · 251/264 · Ultra Rare
Premium ratio
5.0×
Spread · est.
£222
RAW
£71.15
PSA 9
£103
PSA 10
£356
A gem copy fetches 5.0× the raw price for this ultra rare.
Risk: 14,788 graded at a 43% PSA 10 rate, so genuine gem copies stay relatively scarce.
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
SV02: Paldea Evolved · 203/193 · Illustration Rare
£241 £361 £3,211 13.3× £2,539
SV: Scarlet & Violet 151 · 199/165 · Special Illustration Rare
£277 £305 £1,143 4.1× £701
SWSH12: Silver Tempest · 186/195 · Ultra Rare
£312 £405 £1,114 3.6× £641
SV01: Scarlet & Violet Base Set · 210/198 · Illustration Rare
£37.83 £51.54 £724 19.1× £575
SV02: Paldea Evolved · 211/193 · Illustration Rare
£65.21 £83.39 £722 11.1× £546
SWSH11: Lost Origin Trainer Gallery · TG05/TG30 · Ultra Rare
£34.25 £66.78 £679 19.8× £540
SWSH07: Evolving Skies · 194/203 · Ultra Rare
£279 £338 £926 3.3× £510
SWSH08: Fusion Strike · 251/264 · Ultra Rare
£71.15 £103 £356 5.0× £222
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 £37.83 → PSA 9 £51.54
A 9 barely clears grading costs
Raichu
SV02: Paldea Evolved · 211/193 · Illustration Rare
Raw £65.21 → PSA 9 £83.39
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.

Mew VMAX
SWSH08: Fusion Strike · 269/264
£195 spread
A strong 3.1× multiple - edged out of the eight on absolute spread.
Held back by SPREAD
Alakazam ex
SV: Scarlet & Violet 151 · 201/165
£190 spread
A strong 5.9× multiple - edged out of the eight on absolute spread.
Held back by SPREAD
Machamp V
SWSH10: Astral Radiance · 172/189
£174 spread
A strong 3.1× multiple - edged out of the eight on absolute spread.
Held back by SPREAD
Sylveon VMAX
SWSH07: Evolving Skies · 212/203
£172 spread
A strong 2.1× 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

Last updated 25 Sep 2026


Tags:
Artist Spotlight: Sumiyoshi Kizuki - Art, Market and 13 Cards Worth Knowing