SV08: Surging Sparks Pikachu ex #238: PSA 9 vs PSA 10
SV08: Surging Sparks Pikachu ex #238 shows a wide gem-mint premium between PSA 9 and PSA 10: a $880 dollar gap, with the gem mint multiplier at 3.7x. Based on a recent PSA 10 sale of $1,140.00 on May 30, 2026, the crack-and-resub math favors the resub: expected value is positive even at a conservative 15% upgrade probability.
PSA 10
$1,208.19
Last sale $1,140.00 on
PSA 9
$327.98
Last sale $333.78 on
PSA 8
$274.19
Last sale $270.00 on
The Spread
The PSA 9 to PSA 10 spread on Pikachu ex #238 SV08: Surging Sparks.
$880
Dollar gap, PSA 9 to PSA 10
3.7x
PSA 10 sells for 3.7x a PSA 9
Three-Outcome EV Calculator
15%
70%
15%
Defaults are conservative starting points. Adjust based on the specific slab. A borderline 9 with strong centering plays differently than a 9 with edge wear.
PSA 10 outcome (sale price minus resub minus acquisition)
$0
PSA 9 outcome (regrade, no upgrade)
$0
PSA 8 outcome (downgrade, slower sell, tied capital)
$0
Expected Value
$0
Math favors holding the 9
SV08: Surging Sparks #238 Pikachu ex released in 2024 sits in the vintage WOTC tier where gem-mint premiums above $880 are common. PSA 10 populations shrink faster than supply on cards of this era, which is why the upgrade arbitrage stays alive.
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