A PSA 10 “Raincoat Pikachu” sold for a recorded $8.4 million including buyer’s premium at Fanatics Collect on September 28, 2026. The auction record lists 64 bids. That extraordinary total is real as a recorded sale, but it does not establish that other copies are worth anything close to it—and the available reporting does not explain why this particular auction reached such a high price.
What sold for $8.4 million?
Fanatics Collect’s lot record identifies the item as “2015 Pokemon Japanese XY Promo Art Academy Fujishima Pikachu #XY-P PSA 10 GEM MINT.” Its record lists a September 28, 2026 sale, a total of $8,400,000 “W/ Buyer’s Premium,” and 64 bids. The listing gives PSA certification number 24753376. Fanatics Collect’s auction record says the lot was flash inserted on September 16 into the 245th Weekly Sunday Auction, which closed on the evening of September 27; the recorded sale date is September 28.
The distinction between the bid and the headline total matters: Polkastarter reported a $7 million winning bid before the buyer’s premium. The $8.4 million figure is the buyer-inclusive total, not the hammer bid. Polkastarter’s October 1 report and reports from Creative Bloq and Dexerto also give the $8.4 million total and 64 bids.
Why is Raincoat Pikachu scarce?
It came from an illustration contest, not a standard booster pack
The card grew out of a Pokémon illustration contest connected to Pokémon Art Academy, a Nintendo 3DS game. A contemporaneous Famitsu report dated November 28, 2014 describes two contest categories: Dress-Up Pikachu and a category for any favorite Pokémon. It says selected illustrations would be made into Pokémon cards and given as prizes. That announcement documents the contest format; it does not establish who won this specific category or how many copies of this card were ultimately distributed.
#1 Best Overall
Later reports say the winning artist received 100 copies
Later coverage identifies Y. Fujishima as the Dress-Up Pikachu category winner and says the prize included 100 printed copies of the custom card. That quantity comes from later reports, including Creative Bloq and Kotaku, rather than the original contest announcement. Creative Bloq describes the illustration as Pikachu in a red raincoat beneath an umbrella—the source of the collector nickname “Raincoat Pikachu.”
How does the sale compare with earlier results?
Reported prices for PSA 10 copies before the September auction were dramatically lower. Kotaku reports two 2025 sales and two 2026 results; these are individual reported transactions, not a reliable price guide for every copy.
Rank #2
- Ideal for Gifting
- Ideal for a bookworm
- Compact for travelling
| Reported sale | Price | Source |
|---|---|---|
| 2025, PSA 10 | $16,100 | Kotaku |
| 2025, PSA 10 | $26,100 | Kotaku |
| June 2026, PSA 10 | $156,250 | Kotaku |
| August 2026, PSA 10 | $79,999.99 | Kotaku |
| September 28, 2026, PSA 10 | $8,400,000 including buyer’s premium | Fanatics Collect lot record |
The final sale is an enormous outlier against those earlier reported results. Polkastarter cautioned, “One record sale is a data point, not a price guide.” A single auction outcome does not establish what another copy would sell for.
Why did the price jump so sharply?
The sources reviewed do not establish why this auction reached $8.4 million. Kotaku reporter John Walker wrote, “There’s no meaningful difference between these slabs and the one sold two days ago on auction site Fanatics Collect.” That is Walker’s observation, not an independently established technical finding. Kotaku reported that it contacted Fanatics asking whether it had concerns or an explanation. Polkastarter said on October 1 that the buyer and seller had not been announced and Fanatics had not commented. None of that proves misconduct or explains the bidding; the price gap alone is not evidence of fraud, manipulation, or a broad repricing of the card.
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There is also a population-count discrepancy. The Fanatics lot page has a population field of 56, while Kotaku reports that PSA lists 57 Gem Mint PSA 10 copies. Those are different figures from different sources, and the available reporting does not reconcile them. PSA 10 describes the grade of the auctioned copy; neither the grade nor either population count explains the sale price by itself.
Independent reader supportYour contribution helps us test, update, and keep practical guides available for everyone.How does it compare with the Pikachu Illustrator record?
For dated context, Guinness World Records reported in March 2026 that a Pikachu Illustrator PSA Gem Mint 10 sold through Goldin Auctions for $16,492,000 on February 16, 2026, describing it as the most expensive Pokémon trading card sold at auction. Guinness World Records’ March 2026 entry gives that amount and date. Polkastarter’s October 1 comparison places Raincoat Pikachu below that result. Auction rankings can change, so this comparison is limited to the dates reported by those sources.
Quick Recap
Best Value
- It can be a gift option
- Comes with secure packaging
- Helpful in various ways
Rank #4
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