Pokémon Shining Magikarp Card Sells for Record $1,131,095 at Alt

Another Magikarp card has crossed the million-dollar mark, with Alt announcing a record $1,131,095 sale for a PSA 10 2002 Neo 3 Promo 600 Points Fan Club Japanese Shining Magikarp. Alt called the result the new world record for any Magikarp card, surpassing the $1.056 million mark established at the auction house less than a month ago. The newly sold Shining Magikarp is one of just 19 examples in PSA 10, according to Alt.

The card comes from Japan’s Pokémon Fan Club rewards program and is identified by Alt as the 2002 Neo 3 Promo 600 Points Fan Club Japanese Shining Magikarp. Its PSA Gem Mint 10 grade puts it at the center of a rapidly escalating market for high-grade Japanese Pokémon promotional cards. The $1,131,095 result also means the Magikarp record has changed hands between two very different cards in a matter of weeks.

As CollectiblesNews.com reported on October 17, the previous record was set when a Japanese Tamamushi University Prize University Magikarp graded PSA 10 sold for $1,056,000 at Alt. That card had a PSA 10 population of 16 at the time of the sale.

Now, Alt says the 2002 Shining Magikarp has pushed the character record even higher at $1,131,095. The two results show that the million-dollar market for Magikarp is no longer tied to a single exceptional card, with two separate Japanese promotional issues reaching seven figures at Alt within weeks of one another.

The latest result also adds to a remarkable run for rare Pokémon cards at auction in 2026, particularly Japanese promotional, prize and contest cards that were never distributed like conventional booster-pack releases. In October, a 2015 Pokémon Art Academy Mudkip sold for $4.88 million at Goldin, while a 1997 first-place Trophy Pikachu reached $3,080,500 in the same auction. Both trace their scarcity to extremely limited distribution rather than traditional Pokémon TCG products.

Earlier in the year, a 1996 Japanese CoroCoro Jigglypuff promo sold privately for a record $550,000, while the strength of the market has extended to English cards as well, with a PSA 10 Torchic Gold Star selling for $2.7 million at Alt. Together with two separate seven-figure Magikarp sales within weeks of one another, those results show how aggressively collectors are pursuing rare distribution histories and elite-condition examples across a much wider range of Pokémon characters.