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Japanese Mega Dream ex

Rayquaza #127 value & price

Card 127
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Reviewed by · Updated 26 Aug 2026
Ungraded market value
$2.42 68% · 1Y
PSA 9
$19
PSA 10 · Gem Mint
$73

Rayquaza needs no introduction if you know the Mega Dream ex set: it's the kind of card that draws people into checking Rayquaza value long after they've pulled it. Card #127 from this Japanese release isn't rare in the sense of a tiny print run, but the market still tells a real story, with raw copies sitting at $2 and PSA 10s climbing all the way to $523. That gap alone is why so many people search how much is Rayquaza worth before deciding what to do with theirs.

Price history

Interactive
$0.00$31$62$92$1232026$73PSA 10$21BGS 9.5$19Grade 9$18Grade 8$13Grade 7$2.42Ungraded

Raw value is $2.42, down 68% over the past year, with an all-time high of $7.60 in November 2025.

Raw
$2.42
1Y
▼ 68%
PSA 10
$73
PSA 9
$19
Population
2,223
Gem PSA 10
1,006
Upside
30.4×
All-time high
$7.60

Recent pulls of Rayquaza

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Pokémon booster packs

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Rayquaza price at every grade

Market value at each grade, with how many exist (population). 2,223 graded, only 1,006 are PSA 10.

GradeValuePopulation
PSA 10 (Gem Mint)$731,006
PSA 9$19693
PSA 8$18474
PSA 7$1342
PSA 6$126
PSA 5$9.001
PSA 4$8.001
PSA 3$7.00-
PSA 2$6.00-
PSA 1--
Raw / Ungraded$2.42-

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 Rayquaza

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The collector's take on Rayquaza

Is Rayquaza worth grading?

Here's the honest math: a PSA 10 Rayquaza sells for 261.5 times what a raw copy goes for, which sounds like an easy decision until you factor in what grading actually costs and how unforgiving gem mint standards are. Of the 1,699 copies graded so far, 866 came back PSA 10, so just over half hit that top grade, meaning plenty didn't. A Grade 9 still brings $122, which softens the blow if your copy doesn't grade perfectly, but between grading fees, shipping, and the wait, it's worth asking yourself if your raw copy actually looks gem mint under a light before you send it in. If it does, the reward can be real. If it's got a soft corner or a whitening edge, you may just be paying to find that out.

How rare is Rayquaza?

1,699 graded copies is the full picture we have for Rayquaza, and more than half of that population, 866 copies, are already sitting at PSA 10. That's not a card where gem mint is some mythical unicorn grade, it's genuinely achievable, which is part of why the PSA 10 price sits where it does rather than climbing into truly rare territory. Scarcity here isn't about a handful of copies existing, it's about how the population splits between grades, and that split is exactly what keeps the raw, Grade 9, and PSA 10 prices as far apart as they are.

Where can you pull Rayquaza?

This is where PackSpy earns its keep, because we don't just quote a price guide, we track real pulls across sites like collector-crypt, courtyard, gachapull, lastpack, packs, and mnstr. Rayquaza has shown up 200 or more times across those platforms, and it's turned up in packs like the Elite Pokémon Gacha Pack, Pokémon Starter Pack, Pokémon Pro Pack, Wildcard Starter Pack, and Starter Pokémon Gacha Pack. The biggest single pull we've recorded came in at $15,863, which is a good reminder that pack odds swing wildly and most rips don't come close to that. If you're chasing this card, those are the packs where it's actually been landing, but opening packs is still a gamble, and buying a known copy on the secondary market is the safer bet if price certainty matters more to you than the thrill.

Questions people ask

How much is Rayquaza worth?+

A raw, ungraded Rayquaza from the Mega Dream ex set is valued at $2 right now. Once you move into graded copies the number changes fast, with a Grade 9 worth $122 and a PSA 10 reaching $523.

Is Rayquaza worth grading?+

It can be, since a PSA 10 sells for 261.5 times what a raw copy does, but that jump only pays off if your card is genuinely gem mint. With 866 of the 1,699 graded copies already hitting PSA 10, it's a realistic target, just weigh the grading cost and wait time against what your specific copy looks like before sending it in.

How much is a PSA 10 Rayquaza worth?+

A PSA 10 Rayquaza is currently valued at $523. That's a big step up from the raw price of $2, and it reflects how much collectors are willing to pay for a copy confirmed to be in top condition.

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Founder & Lead Reviewer · PackSpy

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 Rayquaza

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