Poncho-Wearing Pikachu #37/SM-P value & price
Reviewed by Mumbles · Updated 9 Aug 2026Related Poncho-Wearing Pikachu & chase cards
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Poncho-Wearing Pikachu #37/SM-P comes from the Japanese Promo set, and it is one of those Pikachu promos that collectors just smile at the moment they see it, the poncho artwork gives it a warmth that a lot of standard promos do not have. If you are digging into Poncho-Wearing Pikachu value, the short answer is that this is a genuinely desirable card, sitting at $863 raw and climbing well past that in top grades. It is not a card you stumble into by accident, and that scarcity is a big part of why people keep asking how much is Poncho-Wearing Pikachu worth.
Price history
InteractiveRaw value is $751, up 42% over the past year, with an all-time high of $1.2k in June 2026.
Recent pulls of Poncho-Wearing Pikachu
Real pulls of this card across the tracked pack-opening sites, data no price guide has.
Chase Poncho-Wearing Pikachu yourself
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Poncho-Wearing Pikachu price at every grade
Market value at each grade, with how many exist (population). 2,145 graded, only 1,314 are PSA 10.
| Grade | Value | Population |
|---|---|---|
| PSA 10 (Gem Mint) | $3.6k | 1,314 |
| PSA 9 | $1.4k | 621 |
| PSA 8 | $987 | 113 |
| PSA 7 | $170 | 37 |
| PSA 6 | $136 | 32 |
| PSA 5 | $109 | 21 |
| PSA 4 | $93 | 4 |
| PSA 3 | $79 | 2 |
| PSA 2 | $71 | 1 |
| PSA 1 | - | - |
| Raw / Ungraded | $751 | - |
Prices & population from PriceCharting. Value shown is the PSA-grade market price; population is split by grading company.
Where to pull Poncho-Wearing Pikachu
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The collector's take on Poncho-Wearing Pikachu
Is Poncho-Wearing Pikachu worth grading?
So is Poncho-Wearing Pikachu worth grading? The raw card sits at $863, and a PSA 10 comes in at $1,314, which works out to about 1.5 times the raw price, a solid jump if your copy is truly gem mint. The catch is Grade 9 sits at $621, actually below the raw price, so if your card comes back anything short of a 10, you are looking at a real loss once you factor in grading fees and shipping. That is the honest risk with this one: it rewards a perfect copy generously, but it does not forgive a card with a soft corner or a slightly off center cut. If you already suspect your copy is flawless, grading can pay off nicely, but if there is any doubt, it might be smarter to enjoy it raw or sell it as is.
How rare is Poncho-Wearing Pikachu?
Across all grading companies, PackSpy shows 2,145 total graded copies of Poncho-Wearing Pikachu, and out of that pool, 1,314 have come back as PSA 10. That is a striking number: the majority of graded copies are already sitting at gem mint, which tells you this card tends to come out of its holder or sleeve in pretty clean shape. What that means for value is that the real scarcity is not in finding a PSA 10, it is in finding a graded copy that sits below it, since those are proportionally the rarer outcome here. For a card people search Poncho-Wearing Pikachu price on, that population split is worth knowing before you buy graded.
Where can you pull Poncho-Wearing Pikachu?
PackSpy has tracked 6 recorded pulls of Poncho-Wearing Pikachu across collector-crypt, with the biggest recorded pull landing at $19,500, which gives you a real sense of what this card can do when it lands in the right hands. It has shown up in the Grail Pokémon Gacha Pack and the Celestial Pokémon Gacha Pack, so those are the names worth watching if you are chasing this one from a live break rather than buying it outright. That said, six recorded pulls is not many, this is a card most collectors end up buying on the secondary market rather than ripping themselves, and it is worth remembering that opening packs is a gamble where most rips do not come close to covering their cost.
Questions people ask
How much is Poncho-Wearing Pikachu worth?+
A raw, ungraded Poncho-Wearing Pikachu #37/SM-P is valued at $863. Graded copies move in both directions from there, with a Grade 9 sitting at $621 and a PSA 10 reaching $1,314, so condition and grading really do shift the number.
Is Poncho-Wearing Pikachu worth grading?+
It depends on the copy. A PSA 10 sells for $1,314, about 1.5 times the raw price of $863, which is a nice return, but a Grade 9 only fetches $621, less than the raw card, so grading only pays off if you are confident in a gem mint result.
How much is a PSA 10 Poncho-Wearing Pikachu worth?+
A PSA 10 Poncho-Wearing Pikachu is worth $1,314. There are 1,314 PSA 10 copies within the total graded population of 2,145, so gem mint examples make up a large share of everything that has been graded.
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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.
Open a pack that holds Poncho-Wearing Pikachu
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