A collector paid $660,000 for a Shiny Rayquaza PSA 10. The slab was fake.

A B.C. card shop owner paid US$660,000 in crypto for a Call of Legends Shiny Rayquaza PSA 10. PSA says the card is real but the holder is fraudulent.

By The Hobby Close by Headline · November 11, 2026, 6:24 PM ET

Call of Legends Shiny Rayquaza card, sold for $660,000 in a fake PSA 10 holder

Confirmed. A Pokémon card shop owner in Richmond, B.C. paid US$660,000, about C$935,000, for a Call of Legends Shiny Rayquaza graded PSA 10, CTV News reported Wednesday. PSA says the card is real, but the PSA holder around it is fake.

What happened?

He bought the card through a Pokémon card broker and paid in cryptocurrency. When the card arrived, it looked real at first.

How did he find out the slab was fake?

He says the special ink on the PSA label was wrong, and his company's counterfeit-checking software flagged the slab as fake.

What did PSA say?

PSA says the card is believed to be real, but the holder is fraudulent, so it isn't a real PSA 10. That cuts its value by a lot. PSA says it is working with law enforcement on the case.

How do you check a PSA slab?

Look up the cert number on PSA's website and match the photos to the card in your hand.
Check the holder's security features before you pay.
Be extra careful buying expensive cards person to person, especially with crypto.

Do you check every cert number before you buy?