Pokemon cards were stolen in a $250,000 heist after a thief broke through a wall

Pokemon cards were stolen in a $250,000 heist after a thief broke through a wall. At the time of theft on a Minnesota game store, The thief got away with $250,000 in stuff, including a large number of Pokémon cards. 

Punch-Out Gaming is a "mom and pop" shop that buys and distributes video games and collectible trading cards. Pokémon cards, which have seen a comeback in recent years, are one of their most popular items.

A robber escaped from an independent video game store in Minnesota with valuables worth an estimated $250,00, including cash and Pokemon cards. 

Although Pokémon cards have been around for more than a quarter-century, it wasn't until recently that the value of certain of them began to rise. The market for buying and selling these patterns has become highly competitive, demanding additional verification of authenticity for high-value transactions. Millions of dollars can change hands in a single transaction, as was the case with Logan Paul's $3.5 million purchase a few months ago, which turned out to be for fake cards. Logan Paul had previously opened $2 million worth of Pokémon cards in 2021, thus this was not the first time he had come across such high-value items.

The news of a recent theft at a Minnesota game store also serves as a reminder of how expensive some of these antiques may be. GameSpot highlighted the incident and the thief's extraordinary efforts to pull off the crime. The suspect is believed to have entered the next-door business before trying to break into the game shop by cutting through the wall. The owner claims the thief made off with cash and over $200,000 in stuff, amounting stolen to over $250,000. A local reporter, Mary McGuire, posted some of the incident's security camera footage to her Twitter account.

Nope, this isn’t a scene out of Ocean’s Eleven.

It’s a thief breaking into a Forest Lake gaming store by busting a hole through the wall.

Store owner says $250,000 in Pokémon merchandise was stolen. pic.twitter.com/u67HVaSBFw

— Mary McGuire (@mcguirereports) February 12, 2022

 Although Punch Out Gaming has insurance, Peterson believes it will not cover all of the losses. "This is disastrous for us, and it will be quite difficult for us to withstand the storm..." According to Jason Peterson the owner of the store.

Jason Peterson, who manages Punch Out Gaming with his twin brother Eric, said the business has recently seen a spike in demand for Pokemon-related items. "If it has Pokemon on it, it sells," Eric Johnson told Fox 9. "Pokémon is literally the hottest thing right now."

Punch-Out Gaming has been in operation for eight years, according to Peterson, and the amount of community support since the heist "only increases our loyalty." Peterson hopes Punch-Out Gaming is back.

As the value of Pokémon cards keeps rising, problems with Pokémon card scalpers appear to be on the rise as well. The high price tags are an intuitive appeal for the resell market, which has long been exploited by scalpers. As a result, some major retailers, such as Target, have had to discontinue selling Pokémon cards in stores in order to combat scalpers.

It was only a matter of time before kids grow up with enough money to make their childhood dreams come true. It has triggered a chain reaction, with successful deals such as Logan Paul's $3.5 million driving the total value and attracting scalpers to enter the culture in the hope of making quick money. Unfortunately, small businesses and devotees suffer as a result of this act.

Read More: 6 new Pokémon announcements will be coming this week.