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Rare Secret2021Sword & Shield era

Water EnergyChilling Reign 231/198 price & value

Water Energy 231/198, Chilling Reign Pokémon card
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UltraBall Market ValueUngraded

$14.30

down −7.0%4 weeks · Steady

Medium confidence

Medium confidence

Some recent sales, or sales that vary more than usual.

  • 51 ungraded in the last 90 days, all conditions
  • 60 sales on record listed as near mint
  • Typical sales within ±111% of the figure
  • Last sale Oct 31, 2026
How we calculate the UltraBall Market Value →
High liquidity69/100

High liquidity

Trades often, at prices that agree. It counts sales, not how long a listing takes to sell.

About 17 ungraded copies sell a month across all conditions, the pace of the last 90 days.

How we measure liquidity →

Near mint · UltraBall Market Value · 51 ungraded sales in the last 90 days, all conditions · as of Nov 12, 2026

Graded: PSA 9 $30.00PSA 10 $50.00

BuyoneBay (eBay US, opens in a new tab)eBay UK#adEstimate take-homeRecent sales

eBay links on this page are affiliate links: we earn a commission if you buy.

Prices updated Nov 12, 2026 · How we calculate the UltraBall Market Value

People ask about this card

What is Water Energy 231/198 worth raw, in PSA 9 and in PSA 10?
As of Nov 12, 2026, Water Energy 231/198 is about $14.30 ungraded near mint (51 sales in 90 days); PSA 9 about $30.00 (7 sales); PSA 10 about $50.00 (17 sales). Every grade’s price.
Why do two copies of Water Energy 231/198 differ in price?
As of Nov 12, 2026, there is one printing of Water Energy 231/198, so the gap is condition: near mint is $14.30. Copies sold as LP went for about $11.00 (11 sales). Recent sales.
Price history

Water Energy 231/198 price over time

Nov 11Feb 11May 13Aug 13Nov 12
  • Recorded prices, joined day to day

Ungraded, 1 year: $11.82 on Nov 11, 2025, $14.30 on Nov 12, 2026. Lowest $11.74, highest $17.27.

Now
$14.30
4 weeks
−7.0%
90 days
−17%
1 year
+21%
Highest, 1Y
$17.27
Lowest, 1Y
$11.74

Recorded history starts June 2021. Earlier history is monthly averages; from July 22, 2026 the line is a smoothed 7-day average of daily prices, so single-day swings don’t show. Between recorded prices, the line and its daily values are estimated from the prices either side.

Water Energy 231/198 price by month

Ungraded, at the end of each month, newest first: the line above read off at each month’s last day. The latest month ends on today’s UltraBall Market Value.

MonthUngradedChange on month
November 2026to Nov 12, 2026$14.30down −4.1%
October 2026$14.91down −0.1%
September 2026$14.93down −4.7%
August 2026$15.67down −8.1%
July 2026$17.06–
May 2026$16.31up +8.8%
April 2026$14.99up +12%
March 2026$13.39up +7.9%
February 2026$12.41up +5.7%
January 2026$11.74down −0.7%
December 2025$11.820.0%
November 2025$11.82down −5.2%
Matched to this exact card

Recent verified sales

Latest 39
  • RawPokemon Water Energy 231/198 Secret Rare Chilling Reign Pokemon Holo Near MintNov 7, 2026 · eBay · Sold as near mint · Offers taken (asking price; paid may be lower) · View listing · Asking price, up to $12.00asking
  • RawThe Pokémon Company Water Energy Secret Rare Holo 231/198 Chilling Reign 2021Nov 5, 2026 · eBay · Sold as near mint · Offers taken (asking price; paid may be lower) · View listing · Asking price, up to $10.00asking
  • RawWater Energy 231/198 - Gold Secret Rare - Chilling Reign *SEE PHOTOS*Nov 5, 2026 · eBay · Sold as light play · Buy It Now · View listing · $9.99
  • PSA 10PSA 10 Water Energy (Secret) 231/198 Swsh06: Sword & Shield - Chilling ReignNov 2, 2026 · eBay · Auction · View listing · $36.00
  • RawWater Energy (Secret) 231/198 SWSH06: Chilling Reign Holo Pokemon TCG 🌈NMOct 31, 2026 · eBay · Sold as near mint · Buy It Now · View listing · $11.99
  • RawWater Energy (Secret) Holofoil NM Secret Rare [SWSH06 - 231/198]Oct 31, 2026 · eBay · Sold as near mint · Buy It Now · View listing · $13.99
  • RawWater Energy 231/198 Gold Secret Rare Chilling Reign Pokemon Card MPOct 27, 2026 · eBay · Sold as moderate play · Offers taken (asking price; paid may be lower) · View listing · Asking price, up to $8.56asking
  • CGC 92021 Pokemon Sword & Shield Chilling Reign Gold Rare Water Energy #231 CGC 9 MINOct 26, 2026 · Fanatics Collect · View listing · $9.60
  • RawPokemon Chilling Reign Secret Rare Water Energy 231/198 Gold Water Energy 💧MINTOct 25, 2026 · eBay · Sold as near mint · Best offer accepted (asked $45.99) · View listing · $41.00
  • RawPokémon TCG Water Energy 231/198 Holo Gold Energie Wasser StandardOct 24, 2026 · eBay · Condition not stated · View listing · $8.82
  • PSA 102021 Pokemon SWSH Chilling Reign Water Energy #231/198 PSA 10 GEM MINTOct 21, 2026 · eBay · Auction · View listing · $39.00
  • PSA 10Pokemon Water Energy Secret Chilling Reign 231/198 PSA 10Sep 30, 2026 · eBay · Best offer accepted (asked $74.99) · View listing · $50.00
  • CGC 92021 Pokémon Chilling Reign Secret Rare Holo #231 Water Energy Mint CGC 9Aug 31, 2026 · eBay · View listing · $10.51
  • PSA 10PSA 10 Water Energy 231/198 Pokemon Chilling Reign SWSH Secret Rare Gold 2021Jul 28, 2026 · eBay · Buy It Now · View listing · $49.98
  • PSA 10[PSA: 10] Water Energy (Secret) 231/198: Sword & Shield - Chilling Reign HoloJul 17, 2026 · eBay · View listing · $48.00
  • PSA 9MINT✨ 2021 Pokémon SWSH Chilling Reign Water Energy Secret Gold PSA 9Jul 8, 2026 · eBay · Best offer accepted (asked $34.99) · View listing · $30.00
  • PSA 92021 POKEMON SWSH #231 WATER ENERGY MINT PSA 9 CHILLING REIGN SECRETJun 23, 2026 · eBay · View listing · $19.68
  • PSA 92021 POKEMON SWORD & SHIELD CHILLING REIGN SECRET #231 WATER ENERGY PSA 9Jun 22, 2026 · eBay · View listing · $15.00
  • PSA 10Water Energy (Secret) 231/198 Swsh06: Sword & Shield Chilling Reign Gold PSA 10Jun 18, 2026 · eBay · Best offer accepted (asked $56.00) · View listing · $54.00
  • PSA 102021 POKEMON SWORD & SHIELD CHILLING REIGN SECRET #231 WATER ENERGY PSA 10 GEMJun 9, 2026 · eBay · View listing · $49.99
  • BGS 9Pokemon Water Energy Chilling Reign Secret Rare #231 BGS 9 MintMay 24, 2026 · eBay · View listing · $11.50
  • PSA 9Sold via eBay · PSA cert #144012129Unusual priceApr 24, 2026 · eBay · Auction · View listing$7.99
  • PSA 102021 POKEMON SWORD & SHIELD CHILLING REIGN SECRET #231 WATER ENERGY PSA 10Apr 22, 2026 · eBay · View listing · $59.65
  • PSA 9Pokemon 2021 SWSH Water Energy Chilling Reign 231/198 PSA 9 MINTApr 7, 2026 · eBay · View listing · $16.17
  • CGC 10WATER ENERGY Chilling Reign Secret Rare #231 CGC 10 Gem Mint PokemonMar 5, 2026 · eBay · View listing · $34.99
  • PSA 9Sold via eBay · PSA cert #68997447Nov 21, 2025 · eBay · Best offer accepted · View listing$20.00
  • PSA 9Sold via eBay · PSA cert #70975511Aug 12, 2025 · eBay · Best offer accepted · View listing$18.00
Every sale here was matched to this exact card: the right number, set, printing and language, one card per listing, raw kept apart from graded. Where a venue sells by card and gives no listing title to check, the row says the venue named the card. Listings we can’t be sure of are left out. A price marked ≤ is an asking price, not a confirmed sale. On an accepted best offer we show what the buyer paid, not the asking price; where that isn’t on record the asking price is shown as a ceiling and never counts towards the price. A sale marked unusual is far from that grade’s market price: it stays on the record, and is left out of this page’s latest-sale and comparison figures. Sales record updated Nov 11, 2026.

Graded values

Water Energy 231/198 price by grade

Water Energy 231/198: market price, 4-week change, sales pace and last sale by grade
GradeMarket value4 wkSales/mo
UngradedMedium. Some recent sales, or sales that vary more than usual.$14.30Last $11.99 · Oct 31, 2026down −7.0%17High liquidity. High
PSA 103.5× rawHigh. Many recent comparable sales that agree closely.$50.00Last $36.00 · Nov 2, 20260.0%1Medium liquidity. Medium
PSA 92.1× rawMedium. Some recent sales, or sales that vary more than usual.$30.00Last $30.00 · Jul 8, 20260.0%No recent sales
PSA 8Low. Few recent sales in this condition. Treat the figure as a rough guide.$7.52Last $7.50 · Feb 3, 20260.0%No recent sales
CGC 102.4× rawLow. Few recent sales in this condition. Treat the figure as a rough guide.$34.52Last $34.99 · Mar 5, 2026–No recent sales
BGS 9Low. Few recent sales in this condition. Treat the figure as a rough guide.$11.50Last $11.50 · May 24, 2026–No recent sales

Each graded row counts only that grade's sales; the ungraded row counts every condition. Sales a month is the 90-day pace. Last sale is the latest verified sale, never an asking price. How we calculate the UltraBall Market Value

Showing each company’s top grade. Choose a company above for every grade it has a price for.

If it gets a PSA 10
−$54.02
If it gets a PSA 9
−$71.37
PSA fee for a PSA 10
$59.99 Standard
Slab sale price to break even
$112at Standard, $59.99
Grading pays, at today’s prices
No priced grade
Historical PSA 10 rate
56%

Against selling raw at $14.30, after the PSA fee for what the slab is worth (a 10 goes in at Standard, $59.99; a 9 at the same level), $25.00 shipping and insurance, and eBay US selling fees, as the selling calculator works them out, with its usual $5 postage and $1 packing on each sale: the same sum as the selling calculator. Each grade is charged the fee level its own slab price needs, so the break-even price carries the fee for a slab at that price, not the PSA 10 fee. These are outcomes if the card gets each grade, not the chance that it will. PSA has graded 403 copies; 227 got a 10.

Population

PSA graded
403
+4 Sep 28, 2026 – Nov 9, 2026
PSA 10
227
+1 Sep 28, 2026 – Nov 9, 2026
PSA 9
146
+2 Sep 28, 2026 – Nov 9, 2026
Historical PSA 10 rate
56%
PSA 10s of all graded

A higher historical PSA 10 rate than 54% of the Chilling Reign cards PSA has graded enough of.

GraderGraded10s9s10s share
PSA40322714656%
CGC197888245%
BGS1725–
SGC1392–

PSA’s count of Nov 10, 2026; the changes are PSA’s weekly report from Sep 28, 2026 to Nov 9, 2026. CGC, BGS and SGC as of Nov 10, 2026; their 10s include Pristine, Perfect and Black Label 10s. PSA counts the cards it has graded, not every copy that exists. Compare with the low pop cards and the hardest PSA 10s.

PSA 10 price against PSA’s population

The same 15 weeks, Jul 24, 2026 to Nov 9, 2026: the price on the day of each weekly PSA report, and the report’s counts. Side by side, not cause and effect.

50.050.050Jul 24, 2026Sep 7, 2026Nov 9, 202650
398400402Jul 24, 2026Sep 7, 2026Nov 9, 2026403

Left: PSA 10 price, US$. Right: PSA graded copies.

About

About this card

Water Energy is card 231 of 198 in the Chilling Reign price guide, a set released in June 2021 during the Sword & Shield era. Its number runs past the set’s printed 198, which marks it as a secret rare. In the checklist it sits after Welcoming Lantern 230/198 and before Psychic Energy 232/198.

It is the 26th most valuable of the 233 priced cards in Chilling Reign, behind Blaziken VMAX 201/198 (see the most valuable Chilling Reign cards).

What the data says

The ungraded value has held within 10% over four weeks (−7.0% on 7-day averages), on 51 ungraded sales in 90 days.

PSA has graded 403 copies, 227 of them PSA 10 (56%). That describes the copies sent in, not the chance a given card grades 10.

From prices of Nov 12, 2026 and sales to Oct 31, 2026. Observations, not advice or a forecast. How we read the market

4 weeks
−7.0%ungraded, between 7-day averages
90 days
−17%ungraded, between 7-day averages
1 year
+21%ungraded; before Jul 22, 2026 from monthly averages
Direction
Steadywithin 10% of four weeks ago, on 7-day averages
High since daily tracking
17% under$17.29 on Aug 9, 2026, 7-day average; daily prices since Jul 22, 2026
Liquidity
High17 ungraded sales a month over 90 days
Price confidence
Medium confidenceSome recent sales, or sales that vary more than usual.
Ungraded sold
10in 30 days; 51 in 90
PSA 10 premium
3.5×the ungraded price; the typical Chilling Reign card with a PSA 10 price: 5.2×
PSA 10 population
227of 403 PSA graded, count of Nov 10, 2026
Population change
+4graded, +1 PSA 10s, Sep 28, 2026 to Nov 9, 2026

No money needed: buy it with virtual UltraCash in the fantasy game, or call today’s card.

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Cite this price

Water Energy 231/198 (Chilling Reign) is worth $14.30 ungraded as of Nov 12, 2026, according to UltraBall's Market Value (https://ultraball.com/cards/chilling-reign/water-energy-231).

Citation
Water Energy 231/198 (Chilling Reign) is worth $14.30 ungraded as of Nov 12, 2026, according to UltraBall's Market Value (https://ultraball.com/cards/chilling-reign/water-energy-231).
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<a href="https://ultraball.com/cards/chilling-reign/water-energy-231">Water Energy 231/198 (Chilling Reign) price: $14.30 on UltraBall</a>
Next in the binder

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Full checklist
Chilling Reign

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FAQ

Questions collectors ask

As of Nov 12, 2026, Water Energy 231/198 Chilling Reign is worth about $14.30 ungraded. A PSA 10 copy is worth about $50.00. How we price cards.