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SWSH11: Lost Origin Giratina V 186/196: PSA 9 vs PSA 10

The PSA 10 to PSA 9 spread on SWSH11: Lost Origin Giratina V 186/196 is a wide gem-mint premium: $2,297, with PSA 10 copies trading at 3.7x a PSA 9. Based on the most recent PSA 10 sale of $3,300.00 on May 29, 2026, the crack-and-resub math favors the resub: expected value is positive even at a conservative 15% upgrade probability.

SWSH11: Lost Origin Giratina V 186/196
PSA 10
$3,142.90
Last sale $3,300.00 on
PSA 9
$846.28
Last sale $798.89 on
PSA 8
$717.68
Last sale $774.50 on

The Spread

The PSA 9 to PSA 10 spread on Giratina V 186/196 (SWSH11: Lost Origin).

$2,297
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

SWSH11: Lost Origin 186/196 Giratina V is a modern-era release from 2022. The gap between its PSA 9 and PSA 10 prices is $2,297.

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