Special Delivery Charizard SWSH075
GIBAN RESEARCH R–002AS OF 2026-08-05SINGLE ASSET

Special Delivery Charizard — SWSH075

A delayed 2020-numbered promo whose 2022 distribution and extreme grade spread make identity and condition the entire trade

ENGLISHSWSH PROMOSWSH0752022 DISTRIBUTION
OPEN LIVE DATABASE RECORD ↗
RAWseparate condition tier
PSA 10separate graded tier
LIVEcurrent marks resolve by identity
SELECTIVEGIBAN stance
01 / IDENTITY & RELEASE

A 2020-numbered card with a 2022 market birth.

language
English
set
SWSH Black Star Promos
number
SWSH075
practical Release
Registration opened 11 July 2022; live codes began arriving in early August 2022
original Intent
The numbering and 2020 copyright point to an intended 2020 release; broad distribution was delayed
distribution
United States, Canada except Quebec, and United Kingdom through one-time Pokémon Center codes attached to an eligible $20 USD / $20 CAD / £20 purchase
art
The Pokémon Company Art Team; Charizard carries a satchel while a Pikachu companion rides on its back
DATA CORRECTION

GIBAN’s source catalog currently inherits a 2019 release year from upstream set metadata. That is not the commercial release year of this card. Public pricing and reporting use the verified 2022 distribution history; the catalog correction is explicitly surfaced instead of silently rewriting the evidence trail.

02 / MARKET TAPE

Completed-sale dispersion matters more than the headline mark.

Ungraded reference$196.51₩280,441 · 1 sale/day

PriceCharting mark

Grade 9 reference$282.00₩402,445 · 2 sales/day

PriceCharting mark

BGS 9.5 reference$580.00₩827,724 · 1 sale/week

PriceCharting mark

PSA 10 reference$2,126.00₩3,034,036 · 1 sale/day

PriceCharting mark

RECENT RAW / SEALED
$177.50eBay completed sale, title-matched
$227.82sealed eBay completed sale
$272.00sealed eBay accepted offer
$200.00eBay completed sale
$200.00sealed eBay completed sale
RECENT PSA 10
$2,125.00eBay completed sale
$2,494.34eBay completed sale
$2,561.77eBay completed sale
$2,126.00eBay completed sale
$2,050.00eBay completed sale
$1,825.00eBay completed sale

USD figures are source-reported observations. KRW translations use 1,427.11 KRW/USD as of 2026-08-04 and exclude platform fees, shipping, tax and Korean execution basis.

03 / GIBAN VALUATION

Executable marks, not maximum prints.

MARKRAW / SEALEDPSA 10
Fair market value$200.00₩285,422$2,126.00₩3,034,036
7-day quick sale$175.00₩249,744$1,850.00₩2,640,154
30-day expected sale$205.00₩292,558$2,150.00₩3,068,287
Institutional bulk bid$165.00₩235,473$1,775.00₩2,533,120
Collateral value$105.00₩149,847$1,125.00₩1,605,499
Liquidation value$150.00₩214,066$1,650.00₩2,354,732
RAW CONFIDENCE$170 — $230Liquidity 74 / 100
PSA 10 CONFIDENCE$1,825 — $2,450Liquidity 68 / 100
04 / INVESTMENT THESIS

The card trades like a condition option.

Special Delivery Charizard is a narrative-rich modern promo with exceptional name recognition, but its investable characteristic is not simple scarcity. The economic feature is the gulf between ordinary sealed/raw copies and correctly graded Gem Mint examples. That spread persists because the promotional handling path, centering and surface quality constrain the top grade even when raw supply is visible. The card therefore behaves like a condition option: raw holders own uncertain grade exposure, while PSA 10 buyers pay for the removal of that uncertainty.

05 / COMMUNITY PULSE

The delay became part of the collectible.

Collector discussion has followed the card’s unusual chronology: an official reveal in 2020, accidental shipment of a handful of copies in 2021, and broad code-based distribution in 2022. The delay made SWSH075 look older than its actual market float and caused sellers to label it variously as 2019, 2020 or 2022. That metadata disorder still contaminates sale matching. At the same time, Charizard, the delivery motif and Pokémon Center association give the card a story that is understandable without detailed set knowledge, supporting cross-border liquidity.

2020

Official reveal and SWSH075 numbering

2021

Small number of accidental shipments

11 JUL 2022

Registration opens in US, Canada and UK

AUG 2022

Live redemption codes begin arriving

31 DEC 2022

Code redemption deadline

06 / GIBAN OPINION

SELECTIVE BUY.

GIBAN’s stance is SELECTIVE BUY, not indiscriminate accumulation. Raw copies are attractive only when the sealed wrapper and visible card allow a credible condition screen or when the price is below the 7-day liquidation band. PSA 10 is the cleaner institutional asset, but acquisition discipline matters because recent prints span roughly $1,825 to $2,562. We would not capitalize the high print as fair value. Our working PSA 10 mark is anchored near $2,126 with a wide $1,825–$2,450 confidence interval; an acquisition below roughly $1,775 creates the cushion expected for inventory, fees and country-basis risk. For raw, the working FMV is $200 and a professional inventory bid belongs near $165–$175 unless the copy has been individually screened.
07 / RISK REGISTER

What breaks the mark.

R1

Year labels are unreliable. Exact identity must be SWSH075, English, Special Delivery Charizard; 2019/2020/2022 title text alone is not a rejection or acceptance rule.

R2

Sealed is not synonymous with PSA 10. The wrapper can hide centering, edge or surface defects and can itself create pressure marks.

R3

Completed-sale aggregators can mix accepted offers, shipping-inclusive values, foreign-currency conversions and misgraded titles. Every outlier needs source-link review.

R4

The PSA 10/raw multiple invites speculative grading submissions. A decline in the realized gem rate or a wave of stored sealed copies entering the market can compress the premium.

R5

Korean sell-through is thinner than global eBay sell-through. A USD reference must be reduced for fees, shipping, FX movement and local execution time before it becomes a Korean cash value.

08 / SOURCES

Evidence register.

  1. 01
    Special Delivery Charizard release history — Bulbapedia

    distribution dates, regions, redemption mechanics and delayed-release history

  2. 02
    PokéBeach launch report, 11 July 2022

    contemporaneous $20/£20/C$20 redemption terms and campaign context

  3. 03
    PriceCharting — Special Delivery Charizard SWSH075

    current reference marks and individually linked completed-sale observations

  4. 04
    PSA auction record — SWSH075

    grade-specific auction provenance cross-check

Reference prices are time-stamped market intelligence, not guaranteed executable bids. The valuation intentionally uses ranges because condition, fees, shipping, FX and local liquidity change cash realization.