Quick answer
CardSpicy indexes the Poncho-Wearing Pikachu (38/SM-P) — illustrated by Kouki Saitou — as the #68 Japanese promo card by recorded PSA 10 value. It carries a recorded PSA 10 value of $3,225.48, against a PSA 10 population of 1,122 of 2,286 graded copies. It is one of 195 cards CardSpicy tracks individually in this index.
Brand and character crossover · No. 68 of 195 by PSA 10 value
Poncho-Wearing Pikachu is card 38/SM-P, from the SM-P series of Japanese promo cards. It sits at No. 68 of the 195 celebration, collaboration and event cards in our index, and is catalogued as a brand or character crossover. The card face credits Kouki Saitou as the illustrator.
Card facts
| Card | Poncho-Wearing Pikachu |
|---|---|
| Card number | 38/SM-P |
| Series | SM-P-series Japanese promo |
| Official set | Pokémon Japanese Promo |
| Category | Brand and character crossover |
| Illustrator | Kouki Saitou |
| PSA 10 population | 1,122 copies |
| PSA graded in total | 2,286 copies |
| PSA 10 value | $3,225 |
| Rank in this index | No. 68 of 195 |
What the market says
PSA 10 copies are valued at $3,225. An ungraded copy sits at $983, so the top grade carries a 3.3× premium. A PSA 9 is at $1,275, so the PSA 10 is 2.5× the PSA 9. 97 individual sales are on record for this card, from $128 to $4,190, with a median of $1,125.
Over the 36 months of monthly market values we hold, the PSA 10 figure has moved from $641 (October 2023) to $3,225 — +403%, including +142% over the last twelve months and +507% over the last twenty-four.
What each grade is worth
| Ungraded | $983 |
|---|---|
| Grade 2 | $79.00 |
| Grade 3 | $88.00 |
| Grade 4 | $103 |
| Grade 5 | $121 |
| Grade 6 | $151 |
| Grade 7 | $189 |
| Grade 8 | $236 |
| Grade 9 | $1,275 |
| Grade 9.5 | $1,402 |
| PSA 10 | $3,225 |
| BGS 10 | $4,193 |
| CGC 10 | $1,615 |
| SGC 10 | $1,935 |
Recent recorded sales
| Date | Sale price |
|---|---|
| 2026-09-20 | $900 |
| 2026-08-23 | $1,000 |
| 2026-08-23 | $1,000 |
| 2026-07-04 | $1,061 |
| 2026-06-15 | $885 |
| 2026-06-14 | $904 |
| 2026-05-20 | $2,559 |
| 2026-04-30 | $128 |
The eight most recent sales of any grade in our record. 97 sales in total.
How many are graded
PSA has graded 2,286 copies of Poncho-Wearing Pikachu, and 1,122 of them came back a PSA 10 — 49.1% of everything PSA has graded. A PSA 9 accounts for 991 of them.
| Grade | PSA | CGC | Total |
|---|---|---|---|
| Grade 1 | 1 | – | 1 |
| Grade 2 | – | – | – |
| Grade 3 | 2 | – | 2 |
| Grade 4 | 5 | – | 5 |
| Grade 5 | 12 | – | 12 |
| Grade 6 | 25 | – | 25 |
| Grade 7 | 38 | – | 38 |
| Grade 8 | 90 | – | 90 |
| Grade 9 | 991 | – | 991 |
| Grade 10 | 1,122 | – | 1,122 |
| Total | 2,286 | – | 2,286 |
A population count is every copy the grading company has ever seen, not the number available for sale, and is republished monthly. Half grades are counted in the grade below, so an 8.5 is included in Grade 8.
About the artist
Kouki Saitou
Illustrator of Poncho-Wearing Pikachu · 38/SM-P
Simplified Chinese index: 25 cards · top $89.99
Self-taught, and influenced by Akira Toriyama and Hayao Miyazaki. Saitou has been one of the most prolific TCG illustrators since the early 2000s, with a loose, cartoon-sympathetic line.
In our illustrator index: Kouki Saitou — every credited Simplified Chinese card we hold for this artist, in price order.
Other cards by Kouki Saitou in this index
- Mario Pikachu · 294/XY-P$32,275
- Poncho-Wearing Pikachu · 207/XY-P$23,825
- Poncho-Wearing Pikachu Charizard · 208/XY-P$18,386
- Poncho-Wearing Pikachu · 231/XY-P$17,900
Showing the four highest-value of the 30 cards by this illustrator in our 195-card index; the rest are on the card index.
Across those 30 cards PSA has graded 98,465 copies, of which 55,364 are PSA 10.
Artist credit as printed on the card face (Illus.), confirmed against the official Pokémon card database.
Where this card came from
Poncho-Wearing Pikachu is a Japanese promo card, as part of Poncho series. It carries the card number 38/SM-P, from the SM-P-series Japanese promo line.
Promo cards are not sold in booster boxes. They reach collectors through a specific campaign — a store, a museum, a film, an anniversary or a championship — which is why the printed number is the only reliable identifier: the same Pokémon can appear on dozens of promo cards across the same era, and the number is what separates them.
That is also why this card appears in our celebration, collaboration and event index rather than in a set list: nothing here came out of a booster box.
Frequently asked questions
How much is Poncho-Wearing Pikachu worth?
PSA 10 copies are valued at $3,225, against $983 for an ungraded copy and $1,275 for a PSA 9. That is our most recent recorded market value, not an asking price.
How many Poncho-Wearing Pikachu cards are there in a PSA 10?
PSA has graded 2,286 copies of Poncho-Wearing Pikachu and 1,122 of them carry a PSA 10 grade, which is 49.1% of everything PSA has graded. A PSA 9 accounts for 991 copies.
Who illustrated Poncho-Wearing Pikachu?
The card face credits Kouki Saitou. We hold 29 other cards by this illustrator in the same index. Every illustrator we can verify is listed on our illustrator page, card by card.
Has Poncho-Wearing Pikachu gone up in value?
Over the last twelve months the recorded PSA 10 value moved +142%, from $1,334 to $3,225. Over twenty-four months it moved +507%.
How often does Poncho-Wearing Pikachu come up for sale?
97 individual sales are on record for this card, from $128 to $4,190, with a median of $1,125. Thinly traded cards can go a long time between sales.
How much does the grade change the price of Poncho-Wearing Pikachu?
An ungraded copy is at $983, a PSA 9 at $1,275 and a PSA 10 at $3,225. The PSA 10 figure is 3.3 times the ungraded figure.
Sources
Sources and further reading
- Pokémon Card Game official card database — card name, printed card number, series and illustrator credit for 38/SM-P. This is the source for every identity detail above.
- CardSpicy — every illustrator, card by card, for the artist entry and the count of cards we hold for that illustrator.
- Recorded secondary-market sales for 38/SM-P — the value, grade ladder and sale list on this page. Figures are documented results at the dates shown, updated as new sales are recorded.
- Published population report for 38/SM-P — PSA and CGC graded counts by grade, republished monthly. This is the source for the population table and chart above.
- CardSpicy — card grading: how it works, for the grade scale used in the table above.
Related reading
- Celebration, collaboration and event cards — the full ranked index
- Every illustrator behind the cards we track, card by card
- Card grading: how to read a PSA, BGS or CGC label
- Why we only sell PSA 10
- The most expensive Pokémon cards, with sale dates and venues
- Pokémon set codes, decoded
Shop cards and protection
- All PSA 10 graded cards
- PSA 10 — Simplified Chinese exclusive — our highest-premium line
- Penny sleeves, 35 PT to 360 PT — 100 per pack, acid-free and PVC-free
- Toploader 3" x 4" rigid card holder
- All card protectors
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