The China Mail - Catch 'em all: Pokemon hooks kids, parents and investors

USD -
AED 3.672503
AFN 64.000378
ALL 81.719319
AMD 368.120328
ANG 1.790403
AOA 913.115986
ARS 1429.260602
AUD 1.41299
AWG 1.801525
AZN 1.697505
BAM 1.684662
BBD 2.014307
BDT 122.763646
BGN 1.69088
BHD 0.377198
BIF 2989.857226
BMD 1
BND 1.282253
BOB 6.910839
BRL 5.078301
BSD 1.000134
BTN 94.672782
BWP 13.41861
BYN 2.768827
BYR 19600
BZD 2.011413
CAD 1.39823
CDF 2295.000232
CHF 0.793599
CLF 0.022681
CLP 892.650219
CNY 6.7715
CNH 6.759475
COP 3492.51
CRC 454.982019
CUC 1
CUP 26.5
CVE 94.978251
CZK 20.818983
DJF 177.719854
DKK 6.44282
DOP 58.780714
DZD 133.064977
EGP 50.349403
ERN 15
ETB 161.237628
EUR 0.86196
FJD 2.237202
FKP 0.746148
GBP 0.74475
GEL 2.655019
GGP 0.746148
GHS 11.101445
GIP 0.746148
GMD 73.000119
GNF 8761.079479
GTQ 7.62406
GYD 209.236521
HKD 7.83485
HNL 26.744076
HRK 6.494499
HTG 130.714732
HUF 301.863003
IDR 17704
ILS 2.902595
IMP 0.746148
INR 94.572302
IQD 1310.156512
IRR 1375877.497294
ISK 124.460444
JEP 0.746148
JMD 158.526028
JOD 0.708973
JPY 160.269503
KES 129.398158
KGS 87.450511
KHR 4019.208821
KMF 426.000074
KPW 900.00035
KRW 1514.220217
KWD 0.30815
KYD 0.833473
KZT 489.555787
LAK 22021.999604
LBP 89562.850473
LKR 332.536555
LRD 182.018649
LSL 16.177014
LTL 2.95274
LVL 0.60489
LYD 6.359584
MAD 9.24575
MDL 17.396473
MGA 4155.30719
MKD 53.139347
MMK 2099.090156
MNT 3576.689019
MOP 8.070461
MRU 39.92506
MUR 47.119898
MVR 15.459816
MWK 1734.220557
MXN 17.20605
MYR 4.050304
MZN 63.900812
NAD 16.176944
NGN 1358.26011
NIO 36.806698
NOK 9.534545
NPR 151.476624
NZD 1.71552
OMR 0.384502
PAB 1.00006
PEN 3.401239
PGK 4.380015
PHP 60.294503
PKR 278.247736
PLN 3.66395
PYG 6123.407023
QAR 3.646058
RON 4.512497
RSD 101.176013
RUB 72.451568
RWF 1469.173289
SAR 3.752094
SBD 8.045573
SCR 13.696826
SDG 600.499
SEK 9.384235
SGD 1.282575
SHP 0.746601
SLE 24.649833
SLL 20969.503664
SOS 571.527015
SRD 37.518031
STD 20697.981008
STN 21.103498
SVC 8.750743
SYP 110.532098
SZL 16.174171
THB 32.55404
TJS 9.270929
TMT 3.51
TND 2.926901
TOP 2.40776
TRY 46.281703
TTD 6.788552
TWD 31.536701
TZS 2629.998015
UAH 44.83735
UGX 3715.140944
UYU 40.562483
UZS 11980.705457
VES 581.95784
VND 26290
VUV 119.50104
WST 2.743493
XAF 565.02961
XAG 0.014272
XAU 0.000231
XCD 2.70255
XCG 1.802434
XDR 0.703376
XOF 565.02961
XPF 102.727985
YER 238.593065
ZAR 16.198399
ZMK 9001.207781
ZMW 17.580733
ZWL 321.999592
  • RBGPF

    0.0000

    60.72

    0%

  • AZN

    -1.9900

    176.76

    -1.13%

  • RIO

    0.6600

    106.01

    +0.62%

  • BCE

    -0.1619

    24.115

    -0.67%

  • NGG

    0.0000

    81.84

    0%

  • GSK

    -0.6550

    52.385

    -1.25%

  • RELX

    -0.9000

    32.84

    -2.74%

  • BCC

    1.0500

    72.19

    +1.45%

  • CMSC

    0.0100

    22.34

    +0.04%

  • RYCEF

    1.1600

    18.2

    +6.37%

  • JRI

    0.0985

    12.765

    +0.77%

  • BP

    -1.0810

    41.699

    -2.59%

  • CMSD

    0.0010

    22.261

    0%

  • BTI

    -1.0050

    61.315

    -1.64%

  • VOD

    -0.4550

    15.075

    -3.02%

Catch 'em all: Pokemon hooks kids, parents and investors
Catch 'em all: Pokemon hooks kids, parents and investors / Photo: © AFP

Catch 'em all: Pokemon hooks kids, parents and investors

Dressed up and ready for battle, around 10,000 Pokemon fans have descended on Yokohama in Japan this weekend, looking for fun but also collector's item cards potentially worth serious money.

Text size:

Since the launch of Pokemon cards in 1996 following the hit computer game of the same name -- meaning "pocket monsters" –- an astounding 53 billion cards have been printed.

Almost 30 years on, the card game remains hugely popular as contestants take each other on with cards representing the monsters and their different attributes.

The Pokemon World Championships, being held this weekend in Japan for the first time ever, will see the world's best players of the video and the card game battle it out for cash prizes at an event attended by thousands.

"I have been playing since I was a kid," Ajay Sridhar, 33, who travelled halfway around the world from New York to attend with his cards, told AFP as he explained why he was hooked.

"It's just the competition, it's the community... A lot of my oldest friends I've met through Pokemon," he said.

"It's kind of like chess, where if you didn't play chess and you were watching a high-level chess match, you wouldn't know what was going on," said Gilbert McLaughlin, 27, from Scotland.

"But once you get to a certain skill level, there is a lot of depth and complexity to it."

- Catch 'em all -

Ranging from Pikachu the mouse to Jigglypuff the balloon to the jackal-headed Lucario, there are now more than 1,000 different Pokemon characters, with new "generations" released every few years.

While they have always been swapped and collected, the cards' value has exploded in recent years, not just among fans of the game but also among investors with little or no past interest.

Factors determining value include the cards' rareness, the character (Mew, Mewtwo, Pikachu and Charizard tend to be more valuable) and the artist, who is indicated on the card.

Websites have sprung up dedicated to helping people understand the dizzying array of different cards and their myriad markings, complete with charts showing their value over time.

The most expensive ever sold was in 2021 when US YouTuber Logan Paul paid -- in a Dubai hotel room to a "mystery" seller -- $5.28 million for a supposedly unique, mint-condition "PSA Grade 10 Pikachu".

The following year, Logan, 28, hung the card -- inside a protective plastic case attached to a gold chain -- around his neck at a WWE wrestling event in Texas.

- Fisticuffs -

Hiroshi Goto is an expert in Pokemon cards who has written a book with advice on how to make money from them.

He said that when he ran a shop selling the cards in the 2000s, his customers were mostly "schoolkids with their dads taking part in tournaments together."

But since the 20th anniversary in 2016, "the perception of cards evolved into being not just toys for children but also items appreciated by adults, collector's items with a tangible value."

Demand is such that the Pokemon Company has had to increase production.

in Japan and the United States there have been instances of physical fights, including one outside a shop in the Japanese city of Osaka in July that went viral on social media.

There have been cases of shops selling Pokemon cards being broken into in normally low-crime Japan in recent months.

The gold-rush has also sparked a boom in fake cards.

Paul, for instance, paid $3.75 million in 2021 for a "sealed & authenticated" box of first-edition booster packs that turned out to contain "G.I. Joe" cards instead, according to one of his videos.

- Bargains –

On the sidelines in Yokohama, collectors were busy swapping and selling their cards, including Jeffrey Ng, happy after buying 10 cards for $1,700. He now hopes to sell them for a profit.

"Conventions like this one are a good place to meet other collectors," he told AFP.

All cards are painstakingly conceived and designed in the same place, the Tokyo offices of Creatures Inc, which along with Nintendo and Game Freak own the Pokemon Company.

Creatures executive Atsushi Nagashima said while the firm was "very happy" about the success of the cards, "that doesn't change how we do our job."

Creatures employs 18 testers who spend their working days playing Pokemon to make sure that the new cards fit harmoniously with the vast number of existing ones.

"(But) we never hire people from competitions," said Kohei Kobayashi, another manager at Creatures. "We want to leave the good players where they are, there where they shine."

P.Ho--ThChM