Shiny Rayquaza Call of Legends PSA 10 slab reportedly fake at $660,000
A collector says the PSA 10 Shiny Rayquaza from Call of Legends (2011) he bought is a fake slab, a warning for anyone buying high-end graded cards through intermediaries. Jesse Peng reportedly paid over $660,000 through a middleman and says his own verification system flagged it, because the "fugitive ink" does not match authentic slabs. It was also reportedly found that the seller held just under $2 million in cryptocurrency, including Peng's $660,000 and money from other sales.
Peng calls the Shiny Rayquaza his "dream card" and says the middleman was "well respect[ed]" in the TCG world. He said the card looked very clean and the label looked very real, but it was "a little bit suspicious" because it was so clean. According to Peng, the card and the label are real, but the counterfeiters could not reproduce the fugitive ink correctly.
Peng said greed has destroyed the hobby over the last few months, that it is not the hobby he fell in love with 25 years ago, and that part of him wants to quit collecting. The owner of PDGR says he has the resources to fight the problem and is "coming after you scammers" using his app and verification technology. Separately, the FBI has been investigating thieves who use fake credit cards to buy high-value Pokémon cards, and a number of stores in New Jersey have been targeted.
A brief is the essentials in a few lines, with the source. Find every brief of the day in the daily recap. Briefs for November 3, 2026 →
Written with the help of AI from the sources listed below, then checked automatically for accuracy and originality under TCGKing's editorial responsibility. Methodology →
TCGKing never reproduces source text. Every fact links to its origin.