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SWSH07: Evolving Skies Gyarados VMAX 207/203: PSA 9 vs PSA 10

The PSA 10 to PSA 9 spread on SWSH07: Evolving Skies Gyarados VMAX 207/203 is a wide gem-mint premium: $112, with PSA 10 copies trading at 3.1x a PSA 9. Based on the most recent PSA 10 sale of $183.75 on May 28, 2026, the math leans toward holding the 9: expected value turns negative at conservative upgrade probabilities once the resub fee is in.

SWSH07: Evolving Skies Gyarados VMAX 207/203
PSA 10
$164.63
Last sale $183.75 on
PSA 9
$52.49
Last sale $59.98 on
PSA 8
$23.79
Last sale $32.50 on

The Spread

The PSA 9 to PSA 10 spread on Gyarados VMAX 207/203 (SWSH07: Evolving Skies).

$112
Dollar gap, PSA 9 to PSA 10
3.1x
PSA 10 sells for 3.1x 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

Where this card lands in the broader SWSH07: Evolving Skies picture: a modern-era card carrying a $112 gap between PSA 9 and PSA 10, a 3.1x multiple on the PSA 9 price.

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