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SWSH11: Lost Origin Kyurem V 48/196: PSA 9 vs PSA 10

The PSA 10 to PSA 9 spread on SWSH11: Lost Origin Kyurem V 48/196 is a meaningful PSA 10 premium: $23, with PSA 10 copies trading at 2.9x a PSA 9. Based on the last tracked PSA 10 sale of $25.00 on Apr 21, 2026, the math leans toward holding the 9: expected value turns negative at conservative upgrade probabilities once the resub fee is in.

SWSH11: Lost Origin Kyurem V 48/196 Holo
PSA 10
$34.91
Last sale $25.00 on
PSA 9
$11.90
Last sale $11.90 on
PSA 8
$14.95
Last sale $14.95 on

The Spread

The PSA 9 to PSA 10 spread on Kyurem V 48/196 (SWSH11: Lost Origin).

$23
Dollar gap, PSA 9 to PSA 10
2.9x
PSA 10 sells for 2.9x 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 48/196 Kyurem V Holo is a modern-era release from 2022. The gap between its PSA 9 and PSA 10 prices is $23.

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