HOBBYPULSE
Oct 2 · 8:03 AM ET·8,122clean sales on file
← The pulse · Non-sports · 2019 Panini

Fortnite Series 1

300 cards · every card #101–300 in Base, Holofoil, Crystal Shard · three prints: USA, Italy, Brazil · Read the full investor memo →
ConfirmedCooling
USA hobby box
$825
vs $799 baseline · +3%
USA Mega box
$2,367
Aug 21 · baseline $906
BK base PSA 10
$660
Sep 28 · baseline $1,300
BK Holo PSA 9
$3,000
Sep 2 · baseline $850
Clean sales on file
20
key line · 7 lines tracked

The set pop, on the chart

USA hobby box, every clean sale. Volume doubled mid-August, then price.
$0$445$891$1.3kJun 1Jul 1Aug 1Sep 1Oct 1Heating · Aug 5Confirmed · Aug 6Cooling · Sep 25
19 clean sales · Each dot is one USA-print hobby box sale on eBay. Italy boxes stayed $75–250 throughout.

Black Knight base PSA 10

The set's key single. 111 PSA 10s exist; Italy PSA 10s trade at $342–500.
$0$931$1.9k$2.8kJun 1Jul 1Aug 1Sep 1Oct 1Heating · Sep 4Confirmed · Aug 28Cooling · Sep 11
8 clean sales · Black Knight #252 base PSA 10, USA print.

Lines

USA print unless marked. Signal v0.2 · baseline = time-anchored median (liquid) or prior sales (thin) · Latest = 7-day median on liquid lines.
Line
Signal
Sales · 14d
Baseline
Latest
Peak · 120d
Hobby box, 24 packs, sealed (USA)
Panini logo on shrink · Italy is plain film
Flat
3 · Liquid
$799 +3%
$825 7d med · last $825
$1,250 · Aug 29
15 most recent clean sales
DatePriceSource / note
Sep 25$825eBay BIN · darodr_8207 · Panini Fortnite Series 1 2019 Trading Cards Sealed Box 24 Packs U
Sep 24$850eBay BIN · rickscardsandcomics · Panini Fortnite Series 1 2019 Trading Cards Sealed Box 24
Sep 20$416AUC25 petro.ro USA print
Sep 11$810OBO
Sep 6$1,008auction 37 bids
Aug 29$1,250BOA
Aug 28$800OBO
Aug 27$799BOA
Aug 26$730BOA
Aug 22$700BOA
Aug 21$724BIN
Aug 21$699BOA
Aug 16$599BOA
Aug 11$370BOA
Aug 8$320BIN
Hobby box, 24 packs, sealed (Italy)
Plain film shrink · 1st Edition / Mega Blaster wording = Italy
Flat
0 · Normal
$165 +17%
$192 · Sep 16
$250 · Sep 14
6 most recent clean sales
DatePriceSource / note
Sep 16$192auction 8 bids; unmarked US listing <$250 -> Italy (rule 2); auzeecardz
Sep 14$250BIN; title says Italy Print; imamakdaddy
Sep 14$235BIN; Hobby Retail Box unmarked <$250 -> Italy; jsharp20
Aug 10$165BIN; unmarked US <$250 -> Italy; peachstatecollectibles
Aug 4$92BIN; France seller -> Italy; gold-collector
Aug 3$125BIN; unmarked US <$250 -> Italy; collectable_collectibles
Mega box, sealed (Italy)
'1st Edition' / 'Mega Blaster' wording · ~$250 boxes are Italy
Warm-up
5
—
$91 · Sep 30
$174 · Sep 6
8 most recent clean sales
DatePriceSource / note
Sep 30$91eBay BIN · crocus_cards · Panini Fortnite Series 1 Mega Blaster Box Italy Print 12 Packs +
Sep 21$172eBay BIN · love2style · Panini Fortnite S1 Mega Box TWO CRYSTAL SHARDS PER BOX New Sealed
Sep 21$172eBay BIN · love2style · S1 Mega Box 2 Crystal Shards UK seller=Italy (from mega usa query)
Sep 21$174BIN-OBO love2style UK seller inferred Italy
Sep 20$92BIN crocus_cards Germany Italy print (fewer-words match)
Sep 14$167BIN jmlcollectibles UK seller titled Italy Mega Blaster 1x
Sep 14$167BIN jmlcollectibles UK Italy Mega Blaster Box
Sep 6$174BIN(oBO) love2style UK seller EU location = Italy print
Mega box, 12 packs + 2 shards, sealed (USA)
Only source of Crystal Shards
Confirmed
0 · Normal
$906 +161%
$2,367 · Aug 21
$2,498 · Aug 20
8 most recent clean sales
DatePriceSource / note
Aug 21$2,367BIN
Aug 20$2,498BIN
Aug 19$931BIN dacardworld
Aug 5$880BIN
Aug 5$906OBO
Aug 4$900BOA
Jul 29$893BIN
Jul 29$799BOA
Black Knight #252 base PSA 10
111 PSA 10s exist · Italy PSA 10 $342–500
Cooling
1 · Normal
$1,300 −49%
$660 · Sep 28
$2,500 · Aug 25
9 most recent clean sales
DatePriceSource / note
Sep 28$660PSA APR · Fanatics Collect · Auction · lot 6521391
Sep 6$425PSA APR · eBay · BestOffer · lot 398335009664
Sep 4$1,300auction 26 bids
Aug 28$2,000BOA verified
Aug 25$2,500auction 7 bids
Aug 13$599OBO
Aug 2$995OBO
Jul 5$6791 bid
Aug 20$550SCI
Black Knight #252 Holofoil PSA 9
Thin line · 20 PSA 10s exist
Cooling
0 · Thin
$850 +253%
$3,000 · Sep 2
$3,000 · Sep 2
15 most recent clean sales
DatePriceSource / note
Sep 2$3,000PSA APR · eBay Best Offer
Jul 11$850PSA APR · eBay Fixed Price
Apr 20$660PSA APR · Fanatics Collect Auction
Feb 23$900PSA APR · eBay Best Offer
Jan 27$536PSA APR · eBay Auction
Aug 27$950PSA APR · eBay Fixed Price
Aug 21$950PSA APR · eBay Fixed Price
Mar 25$566PSA APR · eBay Auction
Feb 1$1,000PSA APR · eBay Fixed Price
Oct 16$1,075PSA APR · eBay Auction
Sep 25$800PSA APR · eBay Auction
Mar 26$1,903PSA APR · eBay Auction
Mar 14$1,646PSA APR · eBay Auction
Feb 21$1,700PSA APR · eBay Auction
Mar 11$1,555PSA APR · eBay Auction
Black Knight #252 Holofoil PSA 10
Last public sale Feb 2025 (PSA APR) · asks $45–50k
Dormant
0 · Thin
$6,100 −33%
$4,100 · Feb 23
—
10 most recent clean sales
DatePriceSource / note
Feb 23$4,100PSA APR · eBay Auction
Sep 28$7,103PSA APR · eBay Auction
Jun 25$4,700PSA APR · eBay Auction
Dec 19$6,100PSA APR · eBay Auction
Oct 24$6,100PSA APR · eBay Auction
Sep 10$6,300PSA APR · eBay Auction
May 23$8,600PSA APR · eBay Auction
May 9$12,699PSA APR · eBay Auction
Apr 15$17,211PSA APR · eBay Auction
Feb 18$30,000PSA APR · eBay Best Offer
Black Knight #252 Crystal Shard PSA 9
Only USA shard sale in 90 days · 153 bids
Confirmed
0 · Thin
$5,500 +80%
$9,877 · Jul 29
$9,877 · Jul 29
5 most recent clean sales
DatePriceSource / note
Jul 29$9,877PSA APR · eBay Auction
May 2$9,099PSA APR · eBay Auction
Mar 30$5,500PSA APR · eBay Best Offer
Aug 24$5,000PSA APR · eBay Best Offer
Aug 9$9,125PSA APR · eBay Auction
Black Knight #252 Crystal Shard PSA 10
Two public sales ever · $100k Aug 26 private & unverified
Dormant
0
—
$17,271 · May 31
—
2 most recent clean sales
DatePriceSource / note
May 31$17,271PSA APR · eBay Auction
Mar 29$15,190PSA APR · eBay Auction

Supply

PSA population · GemRate, Sep 14 2026 · "graded / PSA 10s". Gem rates are of cards submitted.
Black Knight #252BaseHolofoilCrystal Shard
USA673 / 111 (16.5%)214 / 20 (9.3%)45 / 9 (20%)
Italy213 / 44 (20.7%)89 / 3 (3.4%)167 / 39 (23.4%)
Brazil21 / 146 / 164 / 4
Set-wide: 31,313 PSA-graded, 32% gem rate flat since 2022; grading volume down from ~1,000/month (2023) to ~28/week. USA/Italy spread: boxes ~2–4x, BK PSA 10 shard ~18x.

Rip or hold

Pull odds from the set's stated ratios × PSA 10 rate from the pop report × graded value. One number per box, beside the box price.
Fortnite S1 · Hobby box · Italy
$150–225 sealed
Hold
Black Knight base per box3.96%2 Legendaries · 50 in set
× PSA 10 if pulled20.7%44 of 213 graded · Italy
= BK PSA 10 per box1 in 1220.82%
BK holo per box0.5%gems 3.4% · Italy foil
Expected graded value / box~$35vs $225 sealed
Fortnite S1 · Mega box · USA
$2,400 sealed
Hold
Black Knight shard per box1.0%2 shards · 200 cards
× PSA 10 if pulled20%9 of 45 graded · USA
= BK shard PSA 10 per box1 in 500$15–17k public · $100k reported
Any shard gems40%non-key 10s $600–2,000
Expected graded value / box~$1,000vs $2,400 · was ~even at $900 in early Aug
The read · Fortnite Series 1

The USA premium is the label, not the cardboard. No print-run numbers exist for any print. The only documented physical difference is the shard pattern. Sealed boxes trade at 2–4x USA over Italy; graded singles at 18x+. If scarcity drove it, boxes would carry the same multiple. Every analog (Pokémon JP/EN, 1st Ed/Unlimited, GPK UK) shows a grader-labeled regional discount persisting.

What that means: Italy boxes are a category bet at a discount, not a convergence bet. One live inefficiency: Black Knight Italy Holofoil PSA 10, pop 3 vs 20 USA, priced like the label.

Read the full investor memo →

Sources: PSA APR & pop (Sep 16) · GemRate · Panini sell sheet · Fanatics/PWCC lot · 130point · 6 briefs, Sep 15–16 2026
Set page. Supply and rip-or-hold figures reviewer-verified Sep 15–16; Italy hobby box is not a tracked line yet. Built Oct 2, 2026 from 96 clean sales · figures rule-verified, not reviewer-verified · "HobbyPulse" is a working name.