URGENT UPDATE: GameStop is responding to backlash after a customer traded a rare Pokemon card for over $30,000, marking the largest trade-in in the company’s history. On December 1, GameStop confirmed that a fully authenticated PSA 10 Holo Gengar from the Skyridge set was exchanged at its store in Grapevine, Texas.
The card was valued at $33,883, with GameStop issuing a payout of $30,494.70 through its Power Packs Buyback Program. The retailer emphasized that the transaction adhered to “all required inspection, verification, and compliance procedures” before the payout was finalized.
The record-breaking trade is part of GameStop’s innovative Power Packs program, allowing customers to purchase digital blind boxes linked to actual Pokemon cards. GameStop manages the opening of these packs, partners with PSA to grade the cards, and sells them through its online platform. The process enables customers to set up Stripe accounts, select their desired pack, and await their card reveal.
In a direct response to critics, GameStop stated, “Any trolls who publicly claim that GameStop trade-in values are bad are hereby factually and demonstrably incorrect.” The company declared that any past criticisms regarding their trade values are now “deemed without merit and factually invalid.”
This announcement comes at a crucial time, as GameStop prepares for its upcoming “Trade Anything Day,” encouraging customers to trade in a wide range of items for store credit. The only restrictions include weapons, alcohol, and live animals, with taxidermy items being acceptable.
GameStop’s bold defense of its trade-in values is designed to shift public perception, especially following significant online memes and jokes about the company’s trading practices. The retailer aims to showcase that substantial payouts are not only possible but are a reality for customers engaging with their programs.
As the trading community buzzes about this record transaction, many are left wondering what the future holds for GameStop’s trading initiatives. With a growing interest in collectibles, particularly in the gaming and trading card sectors, GameStop is positioning itself as a major player in this evolving market.
Fans and collectors alike are encouraged to share their thoughts and experiences with GameStop’s trading programs, as the retailer looks to redefine its image in the collectibles space. Stay tuned for more updates on this developing story and what GameStop will reveal next.
