Ranked by ungraded value · updated Nov 12, 2026

The Most Expensive Malamar Cards

All 22 English Malamar cards, ranked by current ungraded value. The top three today are Malamar-EX 115/119 ($19.02), Malamar VMAX 198/192 ($8.56) and Malamar SM117 ($6.52).

Every Malamar card, including the cheaper ones, is on the Malamar card prices page. The top card comes from Phantom Forces. Across all Pokémon, see the most valuable Pokémon cards.

Ranked: 22 English cards
Order: Ungraded value, high to low
Condition: Ungraded

The top 3

#1
Malamar-EX
Phantom Forces · 115/119
$19.02
PSA 10 $3,350
#2
Malamar VMAX
Rebel Clash · 198/192
$8.56
PSA 10 $43.20
#3
Malamar
SM Black Star Promos · SM117
$6.52

The top 22, ungraded

Sort by

1
Malamar-EX
XYPhantom Forces115/1192014Rare Ultra
$19.02
Ungraded
PSA 10 $3,350
Strong data
Malamar-EX fills the whole frame in this full art version, its tentacles sweeping outward from a looming body with narrowed yellow eyes and glowing spots along its underside. Art by Ryo Ueda, the figure sits against a swirling violet and blue backdrop with gold outlining every edge. Phantom Forces collectors chase it as one of the set's textured full art Rare Ultra cards, and Malamar's sinister look suits the treatment well.
2
Malamar VMAX
Sword & ShieldRebel Clash198/1922020Rare Rainbow
$8.56
Ungraded
PSA 10 $43.20
Strong data
Malamar VMAX fills the frame in its Dynamax form, the huge tentacled body curling around the card while those narrow red eyes stare straight at you, all washed in the soft rainbow gradient of the Rare Rainbow treatment. Art by 5ban Graphics, it reads almost like stained glass. As one of the secret rainbow cards from Rebel Clash, it draws set completionists and fans of the oddball cuttlefish.
3
Malamar
Sun & MoonSM Black Star PromosSM1172017Promo
$6.52
Ungraded
Moderate data
Malamar looms toward the viewer with its tentacles flung wide, glowing yellow spots running down its dark body against a swirl of blue and pink psychic energy, art by Shin Nagasawa. The Forbidden Light logo stamped across the art marks it as a set promo from the Sun & Moon Black Star line, and its Psychic Recharge Ability made Malamar a well-known engine for Psychic decks of the period.
4
Malamar
XYXY Black Star PromosXY582013Promo
$5.69
Ungraded
Strong data
Malamar looms straight toward you out of a dim, cave-like backdrop, tentacles spread wide and its glowing yellow spots catching a shaft of light, rendered in the glossy 3D style of art by 5ban Graphics. This XY Black Star Promos card stands out for its full-art layout, and its Contrary Ability makes it a fun pickup for fans of the inverted squid and XY-era promo collectors.
5
Malamar V
Sword & ShieldRebel Clash186/1922020Rare Ultra
$5.38
Ungraded
PSA 10 $21.60
Strong data
Malamar V fills this full art card with its body rising straight up the center, tentacles curling out wide like a frame around a glittering pink, orange and violet cosmic swirl. The glossy, rendered style and that half-lidded stare give it a hypnotic feel. As a Rare Ultra full art from Rebel Clash, it draws fans of the Sword & Shield era's textured V cards and Malamar's oddball charm.
6
Malamar-EX
XYPhantom Forces58/1192014Rare Holo EX
$3.23
Ungraded
Strong data
Malamar-EX fills the frame upside down, its head dipping toward you with glowing yellow eyes while its long pale tentacles sweep around the edges against a sparkling pink and black cosmic backdrop, art by Eske Yoshinob. As a Rare Holo EX from Phantom Forces, it captures the XY era's bold, close-up style, and its eerie hypnotic look makes it a favorite for fans of this odd Dark-type squid.
7
Malamar
Sun & MoonHidden Fates Shiny VaultSV182019Rare Shiny
$2.89
Ungraded
PSA 10 $50.40
Strong data
Malamar floats against a clean white backdrop dotted with pale sparkle marks, its shiny coloring swapping the usual blues for sage green, tan and deep red as its tentacles curl around it in a loose spiral. Art by Hideki Ishikawa, it's one of the Rare Shiny cards from the Hidden Fates Shiny Vault, a subset collectors chase for its alternate-color Pokémon and distinctive sparkle-pattern backgrounds.
8
Malamar VMAX
Sword & ShieldRebel Clash122/1922020Rare Holo VMAX
$2.16
Ungraded
PSA 10 $30.00
Strong data
Malamar VMAX fills the frame in a 3D render, art by 5ban Graphics, with its Dynamax form looming forward, narrowed yellow eyes and glowing crescent markings set against a swirl of rainbow light and red cloud. It's a Rare Holo VMAX from Rebel Clash, and the moody, oversized take on a fan-favorite Dark-type gives Sword & Shield collectors a reason to chase it.
9
Malamar
Sword & ShieldSilver Tempest Trainer GalleryTG062022Trainer Gallery Rare Holo
$1.29
Ungraded
PSA 10 $64.00
Strong data
Malamar looms over a red-suited man with spiky red hair and round dark glasses, its tentacles sweeping across a glowing magenta and violet backdrop while he flashes a sly finger gesture toward you. The art by Fumie Kittaka has a bold, cel-shaded comic feel. As a Trainer Gallery card from Silver Tempest, it draws fans of character art and Malamar's sinister charm.
10
Malamar V
Sword & ShieldRebel Clash121/1922020Rare Holo V
$0.91
Ungraded
PSA 10 $60.00
Strong data
Malamar V fills the frame in a glossy, close-up render, its inverted head and tentacles curling overhead while one glinting eye fixes on you and a pale arm sweeps across the foreground. A full moon and a silhouetted figure sit behind it in a misty night scene. Art by Eske Yoshinob, it's a moody Rare Holo V from Rebel Clash that fans of the creepy squid pick up gladly.
11
Malamar
Sun & MoonForbidden Light51/1312018Rare
$0.66
Ungraded
PSA 10 $100
Limited data
12
Malamar
Sun & MoonUnbroken Bonds119/2142019Rare Holo
$0.39
Ungraded
PSA 10 $32.02
Limited data
13
Malamar
XYXY77/1462014Rare
$0.36
Ungraded
PSA 10 $44.00
Strong data
14
Malamar
XYXY76/1462014Rare
$0.35
Ungraded
PSA 10 $34.49
Strong data
15
Malamar
Sword & ShieldLost Origin78/1962022Rare
$0.22
Ungraded
PSA 10 $15.00
Limited data
16
Malamar
Sword & ShieldChampion's Path45/732020Uncommon
$0.18
Ungraded
PSA 10 $34.00
Strong data
17
Malamar
Sun & MoonBurning Shadows90/1472017Rare
$0.17
Ungraded
PSA 10 $99.99
Limited data
18
Malamar
Scarlet & VioletObsidian Flames138/1972023Uncommon
$0.14
Ungraded
PSA 10 $50.00
Limited data
19
Malamar
Sword & ShieldChilling Reign70/1982021Rare
$0.14
Ungraded
Strong data
20
Malamar
Mega EvolutionPitch Black52/842026Uncommon
$0.09
Ungraded
PSA 10 $31.30
Limited data
21
Malamar
XYAncient Origins46/982015Common
$0.06
Ungraded
PSA 10 $30.77
Strong data
22
Malamar
Scarlet & VioletShrouded Fable34/642024Uncommon
$0.05
Ungraded
PSA 10 $50.00
Strong data

Graded

Ungraded, PSA 9 and PSA 10: the top 5

Malamar-EX, Phantom Forces 115/119

Ungraded
$19.02
PSA 9
$126
6.6x the ungraded price
PSA 10
$3,350
176.1x the ungraded price

Ungraded, PSA 9 and PSA 10 values of the top 5 cards, with the PSA 10 multiple of the ungraded price
Card	Ungraded	PSA 9	PSA 10	PSA 10 ÷ ungraded
Malamar-EX 115/119Phantom Forces	$19.02	$126	$3,350	176.1x
Malamar VMAX 198/192Rebel Clash	$8.56	$22.69	$43.20	5.0x
Malamar SM117SM Black Star Promos	$6.52	–	–	–
Malamar XY58XY Black Star Promos	$5.69	–	–	–
Malamar V 186/192Rebel Clash	$5.38	$15.50	$21.60	4.0x

Graded values are read from sales of slabbed copies. When grading pays.

Common questions

What is the most expensive Malamar card?

Malamar-EX 115/119 from Phantom Forces, at $19.02 ungraded and $3,350 as a PSA 10.

What is the most expensive modern Malamar card?

From the Scarlet & Violet era onward, Malamar 138/197 from Obsidian Flames leads at $0.14 ungraded.

How many Malamar cards are worth over $100?

Of the 22 Malamar cards with a price, 0 are worth $100 or more ungraded. The rest sell for less, most of them for a few dollars.

What makes a Malamar card valuable?

Scarcity, condition and demand for the character. Condition is the other lever: Malamar-EX 115/119 from Phantom Forces is worth $19.02 ungraded and $3,350 as a PSA 10, 176.1 times more.

How often are these prices updated?

Every day. The prices on this page were last read Nov 12, 2026, from recorded sales of each card.

How this list is ranked

Cards are ordered by their current ungraded value. A PSA 10 copy of a card can be worth many times more, which is why graded values are shown but kept out of the order. Only English-language cards are included. How we price cards