Preview. The contracts aren't live yet, so the vaults and prices shown are examples.Preview. Vaults and prices are examples.How it works

Card index

The Corner Index tracks what graded cards are worth and how many copies are actually for sale. Vault rules are measured against it: how much a vault may pay, and how much of the market it aims to own.

Not live yet. The numbers below are illustrative.

Fair value
What a copy at this grade sells for today, from recent sales and custodian quotes, with outliers removed.
Float
Copies realistically for sale: listed, held at a custodian, or recently traded. Most graded copies never come to market.
Cost to 25%
Roughly what a vault would spend to own a quarter of the float at fair value.
Cornerability
A score from 0 to 100. Higher means a vault can own a meaningful share of the float for less money.

Example cards

Sorted by cornerability
Illustrative Corner Index rows, sorted by cornerability.
CardGradeFair valueGraded copiesFloatCost to 25%Cornerability
GengarFossil 1st EditionPSA 10$1,90039022$10,45098
KabutoFossil 1st EditionPSA 9$383,9001,380$13,11085
LugiaNeo Genesis 1st EditionPSA 9$2,6001,10095$61,75066
CharizardBase Set UnlimitedPSA 8$1,1507,800410$117,87556
CharizardBase Set 1st EditionPSA 9$95,00090018$427,50034

Example formula: start at 100, subtract 12 points per doubling of the cost to 25% above $10,000, and up to 30 points as the float approaches the whole graded population. The live Index will publish its method and inputs.

Why copies for sale, not copies printed

Kabuto showed the gap. More than 100,000 copies were printed, yet its price moved on the few thousand graded copies that actually traded. What matters is the share of the market a vault can own, so the Index measures the copies for sale.

How vaults use it

Each vault sets the most it may pay over fair value and the share of copies for sale it aims to own. Every purchase is public, so anyone can compare the price paid with the Index price that day. See the guardrails.