Market cap universe

Updated today

The tracked card universe carries a total market cap of $794.1M. We compute a TCGBerg market cap across 4,894 (printing, grade) atoms in 5 sets. The largest single atom is Charizard ex #199 at PSA 10, 5.6% of tracked cap.

Total tracked cap: $794.10M
Atoms tracked: 4,894
Sets covered: 5
Avg confidence: 61/100

Largest tracked atoms

The 50 largest atoms across TCGBerg coverage, ranked by implied slabbed market cap. Charizard occupies the top 4 slots with $154.7M cumulative cap across PSA 7-10.

#	Atom	Set	Grade	Market cap	Share	Conf
1	Charizard ex #199Holo	151	PSA10	$44.08M	5.6%	92
2	Charizard #4Unlimited	Base Set	PSA9	$27.85M	3.5%	89
3	Charizard #41st Edition Shadowless	Base Set	PSA9	$21.65M	2.7%	77
4	Charizard ex #199Holo	151	PSA9	$20.84M	2.6%	97
5	Charizard #4Unlimited	Base Set	PSA8	$20.19M	2.5%	97
6	Charizard #41st Edition Shadowless	Base Set	PSA8	$19.09M	2.4%	74
7	Charizard #41st Edition Shadowless	Base Set	PSA6	$16.23M	2.0%	74
8	Charizard #41st Edition Shadowless	Base Set	PSA7	$15.09M	1.9%	77
9	Charizard #4Unlimited	Base Set	PSA7	$12.08M	1.5%	97
10	Blastoise ex #200Holo	151	PSA10	$11.36M	1.4%	97
11	Charizard #4Unlimited	Base Set	PSA6	$9.24M	1.2%	97
12	Charizard #4Shadowless	Base Set	PSA9	$8.77M	1.1%	82
13	Blastoise #21st Edition Shadowless	Base Set	PSA9	$8.11M	1.0%	74
14	Charizard #4Shadowless	Base Set	PSA8	$8.11M	1.0%	76
15	Venusaur ex #198Holo	151	PSA10	$7.83M	1.0%	97
16	Charizard ex #199Holo	151	PSA8	$6.87M	0.9%	97
17	Pikachu #581st Edition Red Cheeks	Base Set	PSA10	$6.39M	0.8%	66
18	Zapdos ex #202Holo	151	PSA10	$6.26M	0.8%	97
19	Charizard #4Unlimited	Base Set	PSA10	$5.89M	0.7%	68
20	Charizard #4Shadowless	Base Set	PSA6	$5.86M	0.7%	89

Breakdowns

Total tracked cap broken down by set and by grade tier. Base Set dominates at ~70% of universe; PSA 9-10 atoms carry ~78% of cap.

By set (top 8)

By grade (PSA tiers)

By print run

Holo$225.36M600 atoms
1st Edition Shadowless$212.30M505 atoms
Unlimited$144.30M735 atoms
1st Edition$114.60M630 atoms
Shadowless$61.34M499 atoms
1999-2000 Copyright$2.84M474 atoms
Normal$2.72M671 atoms
Trainer Deck B$1.04M45 atoms
Reverse Holo$539.8K438 atoms
Trainer Deck A$429.9K49 atoms

How this is computed

A card's market cap is its TCGBerg fair value multiplied by the graded population at that grade, summed across every tracked atom. It is an implied figure: it values the entire graded population at fair value, not just the copies currently listed for sale. Only atoms above a confidence floor are included, so low-data atoms never inflate the total.

Read market cap methodology

FAQ

Questions about market cap

What is a trading card's market cap?

Its TCGBerg fair value multiplied by the graded population at that grade. Summed across atoms, it is the implied value of the whole tracked universe.

How large is the tracked market?

$794.1M across 4,894 tracked atoms in 5 sets.

Which card has the largest market cap?

Charizard ex #199 at PSA 10, at $44.1M (5.6% of tracked cap).

How is market cap calculated?

Fair value times graded population per atom, summed. Fair value is a confidence-weighted blend of recent graded sales, so caps track real market levels, not list prices.