Poncho-wearing Pikachu
XY Promos · #231/146 · Promo · 2013
Price history
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Graded values
Grades 1–6 are estimates modeled from the raw price — PSA/CGC/BGS 7–10 and Ungraded are live tracked market values.
PSA 10 chart is building — graded values are tracked nightly, a new point appears each day.
Graded population census · updated 2026-08-03
Population data from PriceCharting, updated monthly.
CardPrice Score B-TIER
A genuinely desirable Pikachu chase card whose B-tier score reflects strong appeal and scarcity tempered by thin sales data and only a modest gem premium.
- One of the Poncho-wearing Pikachu line — a fan-favorite promo concept where Pikachu cosplays as other Pokémon.
- Sits in the XY-era promo tier, the stretch that turned Pikachu variants into a collector obsession.
- Four-figure raw territory: this is a genuine chase card, not a bulk promo.
- Thin, quiet market — few graded copies and light recent activity means supply can vanish fast.
- A B-tier chase score that reflects real desirability held back by scarce sales data.
This analysis covers every printing of Poncho-wearing Pikachu — the score and live figures use our primary tracked printing, and the price panels above follow whichever printing you have selected.
Where Poncho-wearing Pikachu fits in the hobby
The Poncho-wearing Pikachu concept is one of the most beloved ideas Pokémon merchandising ever produced: Pikachu dressed in a cozy poncho styled after another Pokémon. It hit at exactly the right cultural moment, when Pikachu was already the franchise's mascot and collectors were hungry for the cute, limited-run promos that came out of Japanese campaigns and their English counterparts.
Cards like this live in the XY Promos family — the black-star promo lineup that ran alongside the XY main sets. Promos from this era were distributed through special channels rather than booster packs, which is a big part of why the desirable ones stay scarce. You didn't pull these by ripping product; you had to be in the right place at the right time.
What keeps the Poncho-wearing Pikachu line special is that it bundles two things collectors chase hardest: Pikachu, and a novelty costume design you can't get any other way. That combination gives it staying power well beyond the set it shipped with. Even as newer Pikachu variants arrive every year, the poncho concept holds a distinct identity in the hobby.
Treat the specifics carefully — the poncho Pikachu family spans multiple releases, so confirm the exact card, number, and printing against the image and cert before you buy. In a thin market, the details are what separate a fair price from a mistake.
Market read
This card sits in the upper promo tier — solidly four-figure raw territory, which places it well above the everyday XY-era promo and into genuine chase-card conversation. The demand side is driven by the Pikachu name and the novelty of the poncho design, both of which have proven durable across the hobby's cycles.
The catch is liquidity. Graded populations are thin and recent sales are light, so the market here trades on scarcity rather than volume. That cuts both ways: prices can hold firm because supply is tight, but a single listing can move the read, and finding a copy in the grade you want may take patience. This is a card you buy when you see the right one, not one you expect to appear on demand.
- Pikachu — the single most collected character in the hobby, with a deep and permanent buyer base.
- The poncho-cosplay concept is a distinct, instantly recognizable novelty that collectors seek out specifically.
- Promo-only distribution keeps supply structurally tight versus pack-pulled cards.
- Crossover appeal: pulls in both set completists and Pikachu-variant specialists.
- Enduring merchandising nostalgia around Pikachu costume designs keeps interest evergreen.
Exact figures — price, population, gem rate, grading EV — are live in the panels above and refresh nightly.
Why the art matters
The Poncho-wearing Pikachu artwork centers on the gag that made the whole concept a hit: Pikachu bundled up in a poncho patterned and shaped after another Pokémon, turning the mascot into an adorable little cosplayer. The illustration leans fully into charm — soft rounded forms, warm expression, and a costume detail that rewards a close look.
Because the artist isn't confirmed here, we'll let the image speak for itself rather than misattribute it. What's certain is the design intent: maximum cuteness with a novelty hook, executed in the clean, appealing style that defined XY-era Pikachu promos.
Collector guide
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Frequently asked questions
How much is Poncho-wearing Pikachu #231/146 worth today?
As of August 14, 2026, a raw Poncho-wearing Pikachu #231/146 trades around $10,000.00, and a PSA 10 copy around $17,350.00. Prices update nightly from live market data — the chart above has the full history.
Is Poncho-wearing Pikachu worth grading right now?
Yes, the math currently works: after buying a raw copy and paying ~$25 in grading fees, the expected value of grading is about $1,911.15 positive, based on live PSA 10/9 prices and this card's real gem rate.
What is Poncho-wearing Pikachu?
It's a promo Pikachu depicted wearing a poncho styled after another Pokémon — part of a beloved 'cosplay Pikachu' concept. The design's whole appeal is the mascot dressed up in a costume you can't get through normal packs.
Why is this card so scarce?
It's a promo, meaning it came through special distribution channels rather than booster packs. That structurally limits how many entered circulation, and thin graded populations reflect how few surface in high grade.
Is it worth grading?
For a card in this value tier, grading is reasonable — but the gem premium here is on the modest side, so it pays off most on copies you're confident will grade high. Marginal copies risk having fees and grade outcomes eat into the return.
Are there multiple Poncho-wearing Pikachu cards?
Yes — the poncho Pikachu concept spans several releases across different Pokémon costumes and printings. Always confirm the exact card name, number, and printing against the image and cert so you know precisely which one you're buying.
What condition issues should I watch for?
Check corners and edges for softness or whitening and the holo surface for scratches, since many promos were handled outside packs. Centering is also worth a close look, as it's a common weak point on era promos.
How much is Poncho-wearing Pikachu #231/146 worth?
Poncho-wearing Pikachu #231/146 is a Promo card from XY Promos (2013) — today it trades at roughly $10,000.00 ungraded.
A PSA 10 copy runs about $17,350.00 and a PSA 9 about $7,331.08 — a 1.7x premium over raw, so condition and grading costs matter here. 4,676 copies have been graded to date, and 46% of them came back a 10 — worth knowing before you pay grading fees.
Prices on this page refresh nightly from live TCGplayer market data and are cross-checked against actual sold prices, so a single inflated listing never becomes "the price". The chart above has the full history.
Other printings of Poncho-wearing Pikachu 16















