Alt Investments
The Passion Investments Story Takes New Twist With Pokémon Cards

"Collectables" that can start out as children's toys and hobbies can turn into a multi-billion sector. We talk to a wealth advisor about one of the hottest new trends – Pokémon cards. A major Swiss collection has surfaced, coinciding with the 30th anniversary of the cards' launch in Japan.
The world of “passion investments” covers many forms, from
classic cars through to fine wines, stamps and paintings. And the
field does not come more eye-catching than Pokémon cards. This is
now big business.
Pokémon cards are collectable, playable trading cards based on
the Pokémon media franchise, first released in Japan in 1996.
They are used in a tabletop game – the Pokémon Trading Card
Game (TCG) – involving battling with decks or collected for
their rarity and artwork.
The Jolina
Gisèle Collection, which has come to light in Switzerland, is
regarded as one of the most exclusive and comprehensive private
collections worldwide. It comprises more than 60,000 cards. Its
existence sheds light on a global cultural phenomenon. Jolina
Gisèle said she released the collection to mark the 30th
anniversary of Pokémon – as a gift to the fan community. The
holders of the collection are willing to sell it.
WealthBriefing understands that there are already
concrete prospective buyers and that the family is actively
engaged in discussions in this regard. The family is in no rush
to complete the sale – ultimately, it is the highest bidder who
will succeed.
(Picture shows Jolina Gisèle and Kevin Lutolf, an international
model and influencer from Switzerland, and selection of the
cards.)
A report by Bloomberg on 24 April this year said the
global trading cards market, valued at $15.8 billion in 2024, is
projected to reach $23.5 billion by 2030.
“The generation that grew up passionate about these things
– whether Pokémon cards, vintage sneakers, or early comic
books – has now reached an age and a level of financial
means where they can act on those passions at scale,” Margot
Lorenz (pictured below), a Zurich-based wealth management figure,
told WealthBriefing in an interview. “Childhood
enthusiasm, combined with adult capital, is a powerful force. And
that emotional connection to the asset is precisely what sustains
demand and drives value over time.”
Margot Lorenz
“For wealth managers, this has two implications. First, we need
to be genuinely informed about these markets – not superficially,
but well enough to advise clients who hold significant value in
them or who wish to allocate to them. Ignoring a market because
it feels unfamiliar is not a strategy,” Lorenz, who is deputy CEO
international and partner at Portas Capital, said.
“Second, and perhaps more interestingly, these topics offer a
remarkably natural way to connect with younger clients and the
next generation of wealth. Asking a young person about their
collection is not small talk – it is relationship building.
And in our business, relationships are everything,” she
continued.
Lorenz has a client with a Pokémon card collection. She declined
to identify him by name but explained the significance of a
collection that goes beyond money.
“The client is a successful entrepreneur in the software
industry. His entry into the world of Pokémon collecting came
about through his daughter, who was seven years old when she
discovered that Pokémon cards were a wonderful social currency
among children – a natural way to make new friends,” Lorenz
said. “At her request, he began helping her build her collection,
and what started as a small act of parental support gradually
took on a life of its own. Over time, he found that the hobby
brought him genuine joy – not merely as a pastime, but as a
shared pursuit that deepened the bond between father and
daughter. The collection grew out of that connection, and it is
that story of family and passion that gives it much of its
character.”
The rise of such collections, while drawing on new features of
culture, fits with enthusiasms that youngsters have exhibited for
decades, such as cards of footballers; movie star posters; vinyl
record covers; sports programmes, model cars, Star Wars and James
Bond memorabilia, etc.
“I’ll be candid – when my client first approached me, I had
virtually no idea that Pokémon cards had reached the level of
value they command today,” Lorenz said. “I was aware of Pokémon
as a cultural phenomenon, but it had never been part of my own
world growing up, and I had given it little thought since. So,
when he described the collection and what it was worth, I was
genuinely astonished – almost disbelieving, initially.
“That prompted me to do my own research, and what I found was
remarkable. This is not a niche curiosity; it is a deep,
passionate, and highly liquid market with serious collectors and
serious money behind it. I also noticed, quite close to home,
that the children of many of my own friends knew exactly what
Pokémon was – and were collecting themselves. The continuity
across generations is striking,” she said.
(An example of a Pokémon card from the Jolina
Gisèle Collection.)
The Pikachu Illustrator impact
“What truly brought the scale of this market into focus for me
was discovering cases like Logan Paul’s auction of his Pikachu
Illustrator card, which fetched an extraordinary $16.9 million
– a figure that, when I first encountered it, I had to read
twice,” Lorenz said.
“As for the collection itself: it is the breadth, depth, and
above all the quality that sets it apart. With over 12,000
PSA-graded cards – many of them exceptionally rare and
simply not available on the open market – this is not a
collection one encounters every day. It left quite an
impression,” she said.
WB asked Lorenz about the significance of the Jolina
Giséle Collection.
“The Jolina Gisele Collection is, in many ways, still at the
beginning of its public story. The family made a very deliberate
and thoughtful decision to make the existence of this
extraordinary collection known – partly because they felt it
was simply beautiful for fellow collectors and fans around the
world to know that something of this scale and quality exists.
And what better moment to do so than the thirtieth anniversary of
Pokémon itself, a milestone that felt both fitting and
meaningful,” she said.
“In the time since, the level of interest and the logistics
surrounding the collection have grown considerably. The family
has now decided that the time has come to sell – but they
are not simply looking for the highest bidder. Their wish is for
this masterpiece to be preserved as a whole, in its entirety.
Ideally, they envision it finding a home with a buyer who would
transform it into something accessible to the public
– perhaps a museum, where passionate collectors and fans
from around the world could one day come and experience this
remarkable body of work in person,” she said.
Unfortunately, as with fine art and other collectables, success
draws in criminals, which means collectors and interested parties
must guard against fakes and ensure that security is in place.
Bloomberg reported on 24 April that Singapore, to take
just a single case, has logged more than 600 e-commerce scams
involving Pokémon cards since October 2025, with losses of at
least S$1.1 million ($864,000). In a single case in the US,
scammers attempted to cheat trading card collectors out of more
than $2 million, while a string of card shops across the US and
Europe have been broken into in recent months.
“The response, fundamentally, is the same as it has always been
in the world of high-value collectables: rigorous due diligence,
proper authentication, and robust physical and financial
safeguards,” Lorenz said. “In the case of the Jolina Gisele
Collection, the family has taken exactly the right approach. The
entire collection is held in secure, professional third-party
storage – fully protected and comprehensively insured.
These are not afterthoughts; they are baseline requirements for
any collection of this magnitude.”
The tech effect
Another feature is the way in which the cards have been also
boosted by technology.
“Pokémon is a fascinating case study precisely because it has
never been a purely physical phenomenon,” Lorenz said. “From the
original Game Boy games to the trading cards, from the animated
series to Pokémon GO – which famously brought millions of
people out into the streets – the franchise has always moved
fluidly between the digital and the physical world. That
crossover quality is part of what has given it such extraordinary
longevity and such a broad, multigenerational appeal.”
“But I think the deeper point is this: digital technology has
fundamentally changed the way people discover, share, and ascribe
value to things. Communities form online around shared passions
with a speed and scale that simply was not possible before. That
has an enormous amplifying effect on collectable markets
– it creates global demand for things that might once have
remained local curiosities,” she said.
“There is undoubtedly an element of escapism at play, and I would
not dismiss that lightly. In times of geopolitical uncertainty,
market turbulence, and relentless news cycles, people naturally
seek anchors – things that feel meaningful, joyful, and
within their control. Returning to a childhood passion, or
discovering one through a child of your own, as my client did,
offers exactly that. There is something deeply human about it,”
Lorenz continued.
“But to reduce this market to mere escapism would be a serious
mistake. The numbers simply do not allow for that interpretation.
When a single card changes hands for nearly $17 million dollars,
when major auction houses dedicate entire sales to Pokémon, when
institutional collectors and family offices begin taking note
– something far more substantial is happening. This is a
market with genuine depth, genuine liquidity, and genuine price
discovery. That is not escapism. That is an asset class,” she
said.
Lorenz said she wanted to share a wish with the
Gisèle family.
“What they have built together – a father, a daughter, and a
shared passion that grew into something truly extraordinary
– deserves an ending that honours its story. My sincere hope
is that they find a worthy new custodian for this remarkable
collection; someone who recognises not only its financial
significance, but its cultural and human value. And perhaps most
of all, I hope that one day the wider world will have the
opportunity to experience this masterpiece in person – to
stand before it and appreciate, as I have, just how extraordinary
the Jolina Gisele Collection truly is,” she added.