Pokémon Cards: A Lesson in Scarcity

"You won't believe how I paid for my kitchen," my mate dropped the other day. Turns out, they'd sold an old Pokémon card for a cool £8,000! Eight thousand pounds! For a piece of cardboard! Seriously, the whole thing just baffles me. I'm genuinely curious, though. What's the appeal of spending so much on them? They don't seem to have any practical use.

But then, I think back to my own childhood. Me and my best mate Nat were obsessed with troll stickers. My brother, on the other hand, was all about football stickers. We’d trade, swap, and spend every spare penny trying to complete our collections.

The penny finally dropped. It wasn't about the cards; it was the scarcity driving the thrill of the chase.

The manufacturers could print as many of those rare holographic cards as they wanted. They could even let you order them online! But where's the fun in that? It’s the rarity, the low odds, the "maybe I'll get lucky" feeling that drives the whole thing. It's the same principle event managers use when creating a buzz around a VIP experience or a hard-to-get backstage pass.

Let me put this in perspective. The most expensive Pokémon card, the legendary Pikachu Illustrator, went for a staggering $5,275,000. Think about that – that's over £4 million! It's a crazy amount, highlighting just how far people will go for something incredibly rare. It's not just a piece of cardboard; it's a monument to scarcity.

It’s the same principle behind the Oasis reunion or Glastonbury tickets that vanish in seconds. It’s the fear of missing out, the desire to have something that not everyone can have.

So, while I still struggle to wrap my head around a kitchen funded by a Pikachu, I get it. It’s not about the card itself; it’s about the scarcity event, the thrill of the chase, and the satisfaction of owning something rare. And in the world of event management, that scarcity can translate into sold-out shows, sky-high ticket prices, and unforgettable experiences that people are willing to pay a premium for.

There's only one thing I'd truly go wild for: Pulp tickets. I'm a massive Jarvis Cocker fan, and I was incredibly lucky to see him at Finsbury Park for my birthday – a dream come true! If Daft Punk ever reunited, though, I'd be right there in the front row, too.

So, tell me, what's your ultimate 'must-see' event?

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