Thesis-only · Model estimate
UPDATED 15 Sep: the PSA 10 leg collapsed from ~$1,150-1,450 (June) to ~$40-42, against a ~$2 raw
Buy the RAW as the grading vehicle — the PSA 10 itself is hyped; the raw is the value
Grading EV, not collector demand, is the driver — the brand's core competency
We flagged the thin-volume raw spike (Market Watch); this rests on the graded dislocation, not the thin raw comps
Public track record
5 graded: 1 hit, 4 misses · early sample · nothing backdated
13 sales over 83 days, from $0.78 to $6.95. The latest was $1.31 on Sep 15, 2026. We called it on Jun 24, 2026 — 13 of these sales happened after that.
Each dot is one real sale — the greener it is, the cheaper it sold.best price→highest
We don't join the dots with a line — that would invent prices nobody ever paid.
The base OP13 'Carrying on His Will' SR Jewelry Bonney, raw, English. NOT the ~$12 alt-art parallel, NOT the Treasure Cup / Flagship prize Bonney on the same number (four figures), NOT graded.
Recorded prices since our call — model estimate, not a continuous market quote.
Follow OP13-108 — get one email the moment we update it: a new call, a new price, or fresh evidence. Free.
UPDATE 2026-09-15: the graded leg this call rests on has collapsed. This SR's PSA 10 cleared ~$1,150-1,450 in late June (the GameStop-buyback froth our Bonney post documented) and now sells ~$40-42 on eBay (8-12 Sep) against a ~$2 raw, so the graded-to-raw gap below no longer exists and the arbitrage case does not hold today; closed as a miss on 15 Sep (post-mortem below). Original thesis, unchanged: A grading-EV arbitrage, not a hype-chase. The raw SR trades around $8 while PSA 10 copies clear ~$2,000 — a ~250× graded-to-raw ratio when the norm is at most ~10×. That gap means the raw is structurally underpriced as a grading vehicle: buy raw cheap and the grading EV is enormous, so we see room for the raw to re-rate toward $30 (still only ~67×) as graders act on it. Buy the RAW — not the hyped PSA 10. Consistency note: we earlier flagged the thin-volume raw spike as possibly manufactured (see Market Watch); this call rests on the deeper graded-market dislocation, not the thin raw comps, and conviction is Low because both markets are thin. Founder has held since January at ~$0.50 (pre-spike) — disclosed. TARGET RESET 2026-09-15: $30 -> $7. After re-pricing on current sold comps the old target sat more than 300% above the market; the original $30 target stays on the record here.
Bought at our disclosed entry, held to today. Real and disclosed — not a projection.
Invested
$5
Worth today
$19.9
Profit
+$14.9(+298%)
Founder position — disclosed, held since Jan 2026 (~$0.50 entry) · LOSER
Graded a miss by the analyst and closed. We don't extend deadlines, and the result is published whichever way it goes.
See every call and its deadline →Call closed (loser)
2026-09-15
BUY call opened
2026-06-24
OP13-108. A One Piece TCG card tracked by TCGIntel.
Current listings for OP13-108 (OP13-108) — affiliate link, disclosed
Founding members get fresh calls first — full reasoning, every position disclosed. Free while we're building. No card pitches, ever.
