The Neo Genesis Azumarill 1st Edition Holo Rare (Card #2/111) is currently trading at $30.00 for Near Mint raw cards as of May 2026. This water-type card from the 2000 Pokémon Neo Genesis set has experienced dramatic market movement recently, with prices falling sharply over the past month. If you’re holding or considering buying this card, you’re looking at a card that’s seen nearly a 59% price decline in just 30 days—a significant shift that reflects broader volatility in the Pokémon TCG collecting market.
The gap between raw and graded versions of this card is substantial. While ungraded Near Mint copies hover around $30, professional grading changes everything: a CGC 10 Pristine example sold at auction in May 2026 for an estimated $800 to $1,200. This dramatic price difference between raw and graded versions tells collectors something important about how the market values condition and authentication when it comes to this particular card.
Table of Contents
- What Drives the Pricing Difference Between Raw and Graded Azumarill Cards?
- Understanding the 30-Day Price Collapse in Raw Card Values
- Neo Genesis Azumarill in the Context of the Full Set
- How to Value Azumarill Based on Actual Condition and Market Data
- Market Pressures and Authentication Risks
- Grading Strategy and Future Resale Considerations
- Market Outlook and Collector Strategy Going Forward
- Conclusion
What Drives the Pricing Difference Between Raw and Graded Azumarill Cards?
The 25x to 40x price multiplier between a $30 raw card and an $800–$1,200 graded CGC 10 is extreme, but it reflects real market dynamics in high-end collecting. A CGC 10 rating means the card is in pristine condition—nearly perfect—and comes with third-party authentication that buyers trust implicitly. The professional grading process doesn’t just verify condition; it provides insurance against counterfeit cards, which are a genuine concern in the Pokémon market, especially for desirable first-edition holos from the late 1990s and early 2000s.
What you’re actually paying for with that $800–$1,200 graded example isn’t just better condition—it’s scarcity. Pristine first-edition Azumarills are rare. The supply of cards that grade at a 9.5 or 10 is much smaller than the supply of Near Mint raw copies, and collectors pursuing high grades are competing for a limited pool. This creates an inverted price curve where the jump from Near Mint (9) to Pristine (10) can represent a 10x increase, whereas the jump from Good to Near Mint might be 2x to 3x.

Understanding the 30-Day Price Collapse in Raw Card Values
The $42.91 drop in raw Azumarill pricing over a 30-day period (from approximately $73 to $30) is alarming if you’re a collector sitting on inventory. A 58.9% decline in such a short timeframe isn’t random market correction—it signals a shift in collector demand or a flood of supply hitting the market. This is a cautionary tale for anyone treating Pokémon cards as an investment: raw card prices can move fast and hard, especially for mid-tier holos that don’t have the pedigree of charizard or blastoise variants.
The limitation here is that we don’t know the exact cause of this crash without deeper market research. Possible triggers could include a large lot hitting the market, a CGC or PSA population report showing higher than expected print quantities, or simply a shift in collector focus away from Azumarill toward other Neo Genesis holos. The key takeaway: condition and authentication matter more during downturns. Graded copies hold value better because the grade itself is the product being sold, whereas raw cards are competing directly on price alone—a race to the bottom when supply increases.
Neo Genesis Azumarill in the Context of the Full Set
Card #2/111 is a water-type holo rare from the Neo Genesis set, which came out in 2000 and is one of the most collected sets from the original Pokémon TCG era. While Azumarill is a popular Pokémon, it doesn’t command the premium pricing of Typhlosion, Ho-Oh, or other heavy hitters from the same set. This matters because it means Azumarill is competing against a broader supply of available copies and doesn’t have the same scarcity premium as set flagship cards.
Compare this to a first-edition Typhlosion from Neo Genesis: that card typically trades in the $200–$400 range for Near Mint raw, and graded examples can exceed $2,000. Azumarill, by contrast, is roughly 10x cheaper at raw and about 2x cheaper even in high grades. This reflects collector preferences and demand—Typhlosion has type advantage, better artwork, and more competitive play history backing it up, whereas Azumarill is primarily valuable because it’s part of a desirable set and is a legitimate holo rare first edition. Understanding where Azumarill sits in the set hierarchy helps you set realistic pricing expectations.

How to Value Azumarill Based on Actual Condition and Market Data
If you’re selling a raw Azumarill, condition is your primary leverage point, and the jump from Lightly Played to Near Mint can mean the difference between $15 and $30. The grading services track this obsessively: a card that grades 8 (Near Mint/Mint) instead of 7 (Near Mint) might fetch 30% to 50% more at auction. However, given the recent price decline, even Near Mint raw copies are competing in a buyer’s market. Many collectors are now hesitant to pay $30 for a raw card when that same budget could be applied to a different card with better growth potential or lower volatility.
The tradeoff is between speed and price. If you need to move inventory quickly, you may have to accept $20–$25 per copy on platforms like TCGPlayer or eBay. If you’re willing to wait for the right buyer and invest in professional grading, a CGC 10 might sell in 2–3 months for $900+, but you’ll spend $20–$30 on grading and wait time. For most collectors, the raw market is more liquid, so raw pricing is what matters most for day-to-day decision-making.
Market Pressures and Authentication Risks
The recent price collapse has elevated authentication concerns. When prices are falling, bad actors sometimes flood the market with lower-condition or counterfeit copies priced aggressively to clear inventory. First-edition Pokémon cards are frequently counterfeited, especially from popular sets like Neo Genesis, so if you’re buying at the low end of the market ($15–$25), you’re taking on authentication risk. This is why many serious collectors skip raw cards in this price range entirely and either hunt for deals on graded copies or simply avoid the card altogether.
The warning here is straightforward: don’t assume all $30 Near Mint listings are actually Near Mint. Counterfeit detection requires experience with holofoil patterns, print lines, cardstock thickness, and other visual markers. If you’re new to collecting, or buying from unfamiliar sellers, you run a real risk of overpaying for a fake. This is precisely why professional grading exists—it’s insurance against these risks, and in volatile markets, that insurance premium becomes more valuable, not less.

Grading Strategy and Future Resale Considerations
If you own an ungraded Azumarill that you believe is in exceptional condition, submitting it for CGC or PSA grading could unlock substantially more value. The $20–$30 grading fee is a small fraction of the potential upside if the card grades at 9 or higher. However, there’s a floor risk: if the card comes back at a 7 or 8, you’ve paid for grading and reduced your flexibility in the market.
A raw card graded 8 is worth less than a raw Near Mint, whereas a card in hand gives you the option to shop it around and potentially find a buyer who sees it differently. The data from the May 2026 CGC 10 auction shows there’s still demand for pristine examples, even in a declining market. This suggests that condition tiers remain segregated—buyers at the $900 level aren’t the same people shopping at the $30 level. This separation is actually a positive sign for high-end graded cards: they’re insulated from raw-market volatility because they’re trading in a different buyer pool.
Market Outlook and Collector Strategy Going Forward
The Neo Genesis set as a whole remains collectible and has historical significance, which provides some floor under Azumarill pricing. Unlike cards from later, overprinted sets, first-edition Neo Genesis cards benefit from genuine scarcity and set nostalgia. However, the 58.9% drop signals that Azumarill specifically may not have the collector enthusiasm that could drive appreciation in the near term. For speculative investors, this card is riskier now than it might have been at $73, despite the lower price.
For collectors who simply want to own the card as part of a Neo Genesis binder collection, the current $30 price point is actually favorable. You’re getting a first-edition water-type holo from a highly sought set at a historically low price. The key is to avoid timing the market and instead focus on what you actually want to collect. If Azumarill fits your collection goals, buy it; if it’s purely a financial bet, the recent trend suggests patience might pay off even further.
Conclusion
Neo Genesis Azumarill 1st Edition is currently priced at $30 for Near Mint raw copies, having fallen 58.9% from prior pricing in just 30 days. Graded examples at the CGC 10 level trade between $800 and $1,200, reflecting the substantial premium that professional authentication and pristine condition command in the high-end market. The gap between raw and graded pricing tells you that condition and authentication are the real drivers of value for this card, not hype or rarity alone.
Your next step depends on your role in the market. If you’re holding raw copies, evaluate whether to hold for potential recovery, grade for premium resale, or liquidate in a buyer’s market. If you’re buying, the current price presents an opportunity, but do your homework on condition grading and authentication before committing capital. Either way, track the card’s pricing over the next 60–90 days: if prices stabilize or begin recovering, that signals genuine buying interest; if they continue falling, it may indicate supply issues or a shift in collector preferences away from this particular card.
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Frequently Asked Questions
How much is a PSA 10 Neo Genesis Azumarill 1st Edition worth?
Neo Genesis Azumarill 1st Edition PSA 10 value is tracked from verified sold listings across eBay, TCGplayer, Goldin, and Fanatics Collect. Recent sales determine the current market price, which shifts month to month based on supply, condition, and demand.
Is Neo Genesis Azumarill 1st Edition a good investment?
Long-term trend data for Neo Genesis Azumarill 1st Edition is on this page. Vintage Pokemon cards in PSA 10 condition have historically appreciated, but performance varies by set, popularity, and grading population. Compare the monthly trend on this chart to similar cards before deciding.
Where can I see Neo Genesis Azumarill 1st Edition sold listings?
We aggregate verified sales from eBay, TCGplayer, Goldin Auctions, and Fanatics Collect. The recent-sales section on this page shows individual transactions with date and price.


