Q4 2025 closed the year with strong volumes driven by holiday spending and new product releases.Holiday ImpactNovember-December transaction volumes increased 35% year-over-year. Pokemon sealed product was the biggest winner, with Prismatic Evolutions boxes selling above MSRP throughout the season. Sports cards saw a seasonal uptick driven by gift-giving.Year-End PerformanceFull-year 2025 performance by segment: Vintage sports cards +12%, Modern sports cards +5%, Pokemon +22%, MTG +8%, Video games +15%. The hobby as a whole grew despite broader economic uncertainty.Notable SalesA PSA 10 2003 Topps Chrome LeBron James sold for $270,000 in December — a new record for the card in that grade. Pokemon continued to produce six-figure sales for vintage Base Set in PSA 10.2026 OutlookThe 2026 World Cup (June) will drive soccer card demand. The NBA and NFL continue to produce exciting rookies. Pokemon shows no signs of slowing. We're cautiously optimistic about 2026.