Gengar's first TCG card is not the 1999 Fossil 1st Edition. It is the Japanese Mystery of the Fossils holo, No. 094, released June 21, 1997. Over TWO YEARS before Wizards of the Coast put him in English.
The market has not properly priced the debut. PSA has graded 9,313 Japanese Fossil Gengars and awarded 568 tens, a 6 percent gem rate. Those tens have traded between roughly
$7,000 and
$10,000 all summer, with a
$12,493 sale in June and
$9,000 on September 14. The English 1st Edition Fossil Gengar PSA 10 sits at a pop of 183 and sold for
$59,999 on September 10.
Every Pokemon rookie was printed in Japan first. The hobby already learned this lesson once. The No Rarity Symbol Charizard, the Japanese first print, sold for
$1.7 million in March. The English 1st Edition record is
$550,000. Charizard was the proof. Gengar is the move.