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Japanese Heat Wave Arena

Ethan's Ho-Oh ex #86 value & price

Card 86
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Reviewed by · Updated 25 Aug 2026
Ungraded market value
$130 29% · 1Y
PSA 9
-
PSA 10 · Gem Mint
$213

Ethan's Ho-Oh ex #86 comes out of the Japanese Heat Wave Arena set, and it's the kind of card that stops you mid-scroll when you're flipping through a binder. If you're trying to pin down Ethan's Ho-Oh ex value, the short answer is that a raw copy sits at $130, which already puts it well above your average pull. Collectors like it for the artwork and the trainer tie-in, but plenty of people land here just wanting a straight number, so let's get into it.

Price history

Interactive
$0.00$266$532$798$1.1k2026$213PSA 10$130Ungraded$120BGS 9.5$114Grade 9$100Grade 8

Raw value is $130, up 29% over the past year, with an all-time high of $177 in May 2025.

Raw
$130
1Y
▲ 29%
PSA 10
$213
PSA 9
-
Population
8,833
Gem PSA 10
8,014
Upside
1.6×
All-time high
$177

Recent pulls of Ethan's Ho-Oh ex

Real pulls of this card across the tracked pack-opening sites, data no price guide has.

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Ethan's Ho-Oh ex price at every grade

Market value at each grade, with how many exist (population). 8,833 graded, only 8,014 are PSA 10.

GradeValuePopulation
PSA 10 (Gem Mint)$2138,014
PSA 9$114639
PSA 8$100103
PSA 7-37
PSA 6-25
PSA 5$10012
PSA 4$853
PSA 3$72-
PSA 2$65-
PSA 1--
Raw / Ungraded$130-

Prices & population from PriceCharting. Value shown is the PSA-grade market price; population is split by grading company (PSA / CGC).

Pokémon booster packs

Where to pull Ethan's Ho-Oh ex

Rip real, graded Pokémon packs live on the top pack-opening sites, the same ones PackSpy tracks. Our #1 pick right now is LastPack.

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The collector's take on Ethan's Ho-Oh ex

Is Ethan's Ho-Oh ex worth grading?

Sending Ethan's Ho-Oh ex off to get graded is tempting once you see the numbers: a raw copy runs $130, while a PSA 10 sits at $252, which works out to roughly 1.9x the ungraded price. That's a real jump, and it's the kind of math that gets people reaching for a grading envelope. But here's the honest part: gem mint isn't a given. A Grade 9 actually comes in at $121, slightly under raw value, which tells you how unforgiving the jump to a 10 can be. Grading costs money and takes time, and there's no guarantee your card comes back with a perfect label. If your copy has sharp corners and clean edges under a light, it might be worth the gamble. If it's got any soft spots, you may be better off enjoying it raw or selling it as is.

How rare is Ethan's Ho-Oh ex?

We don't have exact population figures to point to here, but the pricing gap between Grade 9 and PSA 10 tells its own story: gem mint copies are clearly harder to land than you'd think, which is why that top grade commands such a premium over both raw and Grade 9. Heat Wave Arena is a Japanese set, and cards like this tend to sit in a rarity tier where supply is limited from the start, so every perfect copy that surfaces carries extra weight with collectors chasing a complete graded run.

Where can you pull Ethan's Ho-Oh ex?

This is where PackSpy actually earns its keep, because we track real pulls across pack sites instead of just guessing at odds. Ethan's Ho-Oh ex has been pulled 200 or more times across tilt-rips, courtyard, collector-crypt, and lastpack, so it's not some mythical chase card, it does show up. We've seen it land in Pokemon Dollar Pack, Wildcard Basic Pack, Pokémon Starter Pack, Pokemon Dime Pack, and Starter Pokémon Gacha Pack, with one lucky rip recorded at $415. That said, opening packs is still gambling, and most rips don't come out ahead, so treat any pull as a bonus rather than an expectation.

Questions people ask

How much is Ethan's Ho-Oh ex worth?+

A raw, ungraded copy of Ethan's Ho-Oh ex is valued at $130. That's the number most collectors use as their baseline before deciding whether grading makes sense for their specific copy.

Is Ethan's Ho-Oh ex worth grading?+

It depends on the condition of your copy. A PSA 10 brings $252, about 1.9x the raw price, but a Grade 9 only fetches $121, which is actually less than the raw value, so grading only pays off if you're confident in a gem mint result.

How much is a PSA 10 Ethan's Ho-Oh ex worth?+

A PSA 10 Ethan's Ho-Oh ex is valued at $252, making it the clear high point for this card compared to both the raw $130 price and the $121 Grade 9 figure.

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Mumbles built PackSpy so pack-opening data would not be a guessing game. We track real pulls and live card prices across the top pack sites and show what is actually happening, no hype, just the numbers. Every price and population figure here is pulled from live market data. More about Mumbles.

Pokémon booster packs

Open a pack that holds Ethan's Ho-Oh ex

Rip real, graded Pokémon packs live on the top pack-opening sites, the same ones PackSpy tracks. Our #1 pick right now is LastPack.

Affiliate links, we may earn a commission at no cost to you. Play responsibly. 18+.