If you’ve been watching the Pokémon card market this year, you might have noticed something surprising: vintage Pokémon cards are back on the rise, and they’re stealing the spotlight from modern chase cards that once seemed unstoppable.

As collectors, it’s easy to get caught up in the hype of every new set—remember the rush for Crown Zenith or the excitement over Prismatic Evolutions? But here in 2025, a clear trend is emerging: many modern cards are sliding in price, while classic vintage grails are clawing back their old glory. Let’s unpack why this is happening—and what it means if you’re collecting or investing today.


Modern Fatigue: Too Much Supply, Too Little Scarcity

One of the biggest shifts in the market is the realization that modern Pokémon cards aren’t nearly as rare as they first seem. Take Blaziken VMAX from Chilling Reign, for example—over 5,000 copies exist in PSA 10. That’s a staggering population that makes it nearly impossible for the card to stay valuable long-term. Even when the artwork is incredible, the sheer number of gem-mint copies kills scarcity.

chilling-reign Blaziken VMAX swsh6-201
Current Value: £199.1£336.43
Current Value: $261.32$441.57

This overprinting and high PSA population are fueling a sense of fatigue among modern collectors. Many are tired of paying premium prices on release day only to watch values tank a few months later.


Vintage Cards: Authentic Rarity, Timeless Demand

Contrast that with vintage cards like the 1st Edition Typhlosion from Neo Genesis, which has just 12 PSA 10 copies in existence. That’s not artificial scarcity—these cards were printed decades ago when Pokémon was a fledgling franchise, and most copies were played to death by kids. Today, finding them in top condition is like discovering hidden treasure.

neo-genesis Typhlosion neo1-17
Current Value: £213.43£589.17
Current Value: $280.13$773.3

Collectors are realizing that vintage cards’ rarity is genuine, not manufactured. And as more people shift their attention to cards with real scarcity, we’re seeing prices recover dramatically. A perfect example? The PSA 10 Skyridge Charizard, which bottomed out at $9,600 in 2023, now commands over $27,000 again in 2025—a near-complete rebound to its 2020 high.

skyridge Charizard ecard3-146
Current Value: £971.22£12206.15
Current Value: $1274.76$16020.92


Psychology of the Pop Reports

Many hobbyists have started studying PSA population reports more closely, and the numbers speak volumes. Vintage cards often have fewer than 100 PSA 10s, while modern chase cards routinely hit thousands of gem-mint copies within a year of release.

This data is flipping the mindset of serious collectors: why sink cash into a modern card with unlimited potential supply when you could own a piece of Pokémon history that truly can’t be replicated?


The Nostalgia Factor Never Dies

Beyond the numbers, there’s something intangible driving vintage’s comeback: nostalgia. Vintage cards weren’t printed with “investment” in mind—they were childhood collectibles, tucked into binders or stuffed into shoeboxes. They remind millennial collectors of a simpler time, and as many enter their peak earning years, they’re willing to spend big on pieces of their past.

And let’s face it: Pokémon’s old-school artwork, classic card layouts, and the raw simplicity of the early games still hold magic. Modern cards, with all their rainbow foils and constant secret rares, sometimes feel like they’re trying too hard to capture lightning in a bottle.


Lessons From Modern Market Volatility

Meanwhile, modern market swings are leaving collectors uneasy. Chase cards like the Gengar VMAX dropped from $744 in February to under $600 just months later.

swsh8 swsh8-271-Gengar VMAX
Current Value: £364.81£762.89
Current Value: $478.83$1001.32

The once-hyped Giratina V saw similar falls, despite strong demand for its set.

lost-origin Giratina V swsh11-186
Current Value: £358.09£934.62
Current Value: $470.00$1226.72

Even iconic modern illustration rares—like the Magikarp fetching nearly $3,000—feel like outliers rather than sustainable investments.

paldea-evolved Magikarp sv2-203
Current Value: £201.8£1820.68
Current Value: $264.87$2389.69

These volatile price moves are a wake-up call that hype-driven modern markets can collapse just as fast as they rise.


Vintage: Where Demand Meets Scarcity

If you’re considering where to put your collecting budget, the evidence is stacking up: vintage Pokémon cards offer a unique combination of real scarcity and enduring demand. Unlike modern sets that are mass-produced and mass-graded from day one, vintage cards simply don’t exist in high grades in meaningful numbers—and they never will again.

For many collectors, that’s the ultimate appeal. In a world overflowing with reprints and alternate arts, vintage Pokémon stands alone as a finite piece of gaming history.


Clive’s Final Thoughts

Vintage cards’ resurgence in 2025 isn’t just a passing trend—it’s a sign that collectors are craving authenticity, nostalgia, and true rarity in their collections. Whether you’re in it for the passion, the history, or the potential investment upside, there’s never been a better time to revisit the classics that started it all.

Thinking of picking up a vintage grail? Start by studying PSA population reports, watch recent auction sales, and don’t let modern hype distract you. After all, Pokémon’s roots run deep—and vintage cards are proof that the past still has plenty to offer today’s collectors.