Team Rocket Dark Charizard #4: PSA 9 vs PSA 10
Team Rocket Dark Charizard #4 shows one of the widest gaps in vintage WOTC between PSA 9 and PSA 10: a $12,963 dollar gap, with the gem mint multiplier at 15.5x. Based on a recent PSA 10 sale of $8,822.02 on May 10, 2026, the crack-and-resub math favors the resub: expected value is positive even at a conservative 15% upgrade probability.
PSA 10
$13,855.01
Last sale $8,822.02 on
PSA 9
$892.24
Last sale $833.15 on
PSA 8
$463.50
Last sale $499.99 on
The Spread
The PSA 9 to PSA 10 spread on Dark Charizard #4 Team Rocket.
$12,963
Dollar gap, PSA 9 to PSA 10
15.5x
PSA 10 sells for 15.5x 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
Team Rocket #4 Dark Charizard Holo released in 2000 sits in the vintage WOTC tier where gem-mint premiums above $12,963 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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