The first cards for Disney Lorcana, a new collectible card game from Ravensburger, were unveiled at Disney D23 less than two weeks ago. Now fans who attended that event are rushing to place those seven cards up for auction. Trouble is, no one even knows how the game is played, since the rules haven’t been released yet. Nevertheless, bids for those first few cards are already exceeding $2,000. It’s clear evidence that Lorcana is off to a great start, and an even bigger sign of a coming surge in new CCGs.
Speculation in the trading card market is nothing new, but it reached new heights during the pandemic. First came a sudden interest in the Pokémon Trading Card Game, leading many to cast about for older collections they could sell for quick cash. Rapper Logic blinked first, coughing up more than $180,000 in 2020 for a vintage Charizard. The momentum kept building, including major incidents of fraud. Recall when YouTuber Logan Paul showed up in 2021 with $375,000 to buy a sealed box of Pokemon boosters. It turned out to be filled with trash instead.
The games themselves benefitted from these high-profile, high-dollar-amount incidents. New Pokémon cards were so popular — and so limited in quantity — that for a time Target refused to sell them, citing security concerns. As a result, The Pokémon Company printed more than nine billion cards in 2021, flooding the market to meet consumer demand. Meanwhile, Wizards of the Coast published more new sets of cards than in at any previous time in its 35-year history. Its parent company, Hasbro, also revealed that Magic brings in the majority of that business unit’s nearly $1 billion in annual tabletop revenue.
With so many new and sought-after cards on the market, it’s no wonder that
Read more on polygon.com