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Is 2023 Panini Prizm UFC Sports Worth Collecting? 2026 Investment Review

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As of August 2026, the 2023 Panini Prizm UFC set presents a mixed investment outlook, making it a WATCH for collectors. While the raw prices of its top chase cards, like the Hasbulla Magomedov [Blue Shimmer] at $3,666 and Bo Nickal [Gold] at $3,000, indicate significant collector interest, the overall Grading ROI for many of these marquee cards remains deeply negative, suggesting that purchasing graded examples or holding raw cards might be more prudent than submitting for grading in the current market.

If you had to pick one card from the 2023 Panini Prizm UFC set to grade right now, which one would pay off the most? The math might surprise you, especially when you factor in the significant losses seen on some of the most sought-after raw cards. In 2026, the 2023 Panini Prizm UFC set is a complex proposition for collectors and investors. While it boasts some high-profile chase cards with substantial raw price tags, the economic reality of grading reveals a more cautious investment landscape. For instance, the highly coveted Hasbulla Magomedov [Blue Shimmer] is valued at a staggering $3,666 raw, yet its PSA 10 grade sits at a mere $750, a stark -82.4% Grading ROI. Similarly, the Bo Nickal [Gold] card commands $3,000 raw but experiences a -33.6% Grading ROI in PSA 10. However, not all chase cards are a losing proposition for grading. The Bo Nickal [Octagon] card, priced at $2,250 raw, shows a positive 10.9% Grading ROI with a PSA 10 median of $2,900, illustrating that strategic grading on specific cards can still yield returns. The complete-set floor, based on the top 8 chase cards alone, reaches an impressive $18,691. Last updated: August 2026.

In This Article

• About 2023 Panini Prizm UFC

• The Top Chase Cards (ranked table)

• 1. Hasbulla Magomedov [Blue Shimmer] (200)
• 1. Bo Nickal [Gold] (103)
• 1. Rinat Fakhretdinov [Gold Shimmer] (116)
• 1. Bo Nickal [Octagon] (103)
• 1. Alex Pereira [Octagon] (111)
• 1. Hasbulla Magomedov [Gold] (200)
• 1. Hasbulla Magomedov [Mojo] (200)
• 1. Bo Nickal [Blue Shimmer] (103)

• Investment Analysis

• Grading ROI Across the Set

• Complete-Set Cost and Valuation

• Short-Term vs. Long-Term Outlook

• Potential Risks and Considerations

• Worth Collecting? The Verdict

• Frequently Asked Questions

About 2023 Panini Prizm UFC

The 2023 Panini Prizm UFC set arrived on the sports card scene in 2023, marking another year Panini brought its popular Prizm technology to the Ultimate Fighting Championship. Prizm, known for its dazzling parallels and sleek design, has become a benchmark for modern sports card releases, consistently attracting high demand from collectors. While the complete card count for the 2023 Prizm UFC set is not readily available, the Prizm brand itself signifies a premium product within the UFC collectibles market. Each release under the Prizm banner typically features a broad spectrum of fighters, from established champions to rising stars, offering diverse collecting opportunities. The allure of Prizm lies not just in the base cards but in the hunt for rare, color-coded parallels and autograph inserts, which often command significant premiums and drive the market for the set. This particular release continues that tradition, with specific cards and variations already making waves among collectors.

The set’s appeal is amplified by the fact that it captures fighters during a dynamic period in the UFC. Collectors often chase cards of fighters who are on winning streaks, challenging for titles, or becoming breakout stars, as these narratives can significantly influence card values. The 2023 Panini Prizm UFC set taps into this inherent excitement, providing fans with tangible pieces of the sport’s ongoing story. The inherent scarcity of rare parallels, combined with the star power of the athletes featured, creates a compelling environment for both casual collectors and serious investors alike. Understanding the landscape of these chase cards is crucial for anyone looking to invest in or complete the set.

The Top Chase Cards (ranked table)

Data sources: What The Slab checks eBay sold comps, PriceCharting market prices, and PSA public-API pop reports. All figures as of August 2026.

1. Hasbulla Magomedov [Blue Shimmer] (200)

The Hasbulla Magomedov [Blue Shimmer] card stands as the most valuable raw card in the 2023 Panini Prizm UFC set, commanding an impressive $3,666. This valuation underscores the immense popularity and cultural impact of Hasbulla, transcending typical sports fandom into a broader internet phenomenon. Despite this high raw price, the card’s grading performance tells a different story. With a PSA 10 median of $750, the multiplier drops to a mere 0.2× its raw value, resulting in a staggering -82.4% Grading ROI. This significant disconnect between raw and graded prices suggests that collectors may be buying this card for its novelty and social media cachet rather than for a perceived investment in its graded form. For those looking to grade, this specific card appears to be a poor candidate for a profitable flip at current market conditions.

Buy Hasbulla Magomedov [Blue Shimmer] on eBay (active listings) Check Hasbulla Magomedov [Blue Shimmer] sold comps on eBay

2. Bo Nickal [Gold] (103)

Bo Nickal’s [Gold] card is a significant chase item within the 2023 Panini Prizm UFC set, with a raw price of $3,000. Nickal, a highly touted prospect with a strong wrestling background and a growing presence in the UFC, represents the future of the sport for many collectors. The card’s gold parallel adds to its desirability, typically signifying a rarer variation. However, like many top cards in this set, its grading potential for ROI is not particularly strong. The PSA 10 median sits at $2,311, yielding a multiplier of 0.8× and a Grading ROI of -33.6%. This indicates that while the card holds substantial raw value, investing in a raw copy with the intent to grade and flip might not be the most profitable strategy. The current market suggests that buying a graded PSA 10 version might be more financially sound than attempting to secure a raw and submit it.

Buy Bo Nickal [Gold] on eBay (active listings) Check Bo Nickal [Gold] sold comps on eBay

3. Rinat Fakhretdinov [Gold Shimmer] (116)

Rinat Fakhretdinov’s [Gold Shimmer] card is positioned as a notable chase card, with a substantial raw price of $2,500. The “Gold Shimmer” designation suggests a visually striking parallel, likely contributing to its market appeal. Fakhretdinov, known for his impressive striking and finishing ability, has been steadily building his profile within the UFC’s welterweight division, making his cards attractive to those looking for emerging talent. Unfortunately, no data is available for the PSA 10 median price or Grading ROI for this specific card. This lack of data makes it difficult to assess its graded market performance and the potential profitability of submitting a raw copy for grading. Collectors interested in this card will need to rely more heavily on its raw market value and general collector demand rather than quantitative grading metrics.

Buy Rinat Fakhretdinov [Gold Shimmer] on eBay (active listings) Check Rinat Fakhretdinov [Gold Shimmer] sold comps on eBay

4. Bo Nickal [Octagon] (103)

The Bo Nickal [Octagon] card presents an interesting case within the 2023 Panini Prizm UFC set. Priced at $2,250 raw, its value is considerable, reflecting Bo Nickal’s burgeoning star power. What distinguishes this card is its performance in the graded market: the PSA 10 median price is $2,900, a full $650 above its raw price. This yields a positive multiplier of 1.3× and a commendable 10.9% Grading ROI. This positive return is a rarity among the top chase cards in this set and makes the [Octagon] parallel a prime candidate for collectors interested in a raw-then-submit grading strategy. The demand for a PSA 10 version appears strong enough to consistently outweigh the cost and risk associated with the grading process, offering a tangible profit margin.

Buy Bo Nickal [Octagon] on eBay (active listings) Check Bo Nickal [Octagon] sold comps on eBay

5. Alex Pereira [Octagon] (111)

Alex Pereira’s [Octagon] card is another significant draw in the 2023 Panini Prizm UFC set, with a raw price of $2,050. Pereira, a former kickboxing champion who has quickly ascended to elite status in the UFC’s light heavyweight division, is a proven draw and a fighter whose cards tend to hold value. The [Octagon] parallel adds a desirable aesthetic element. However, the graded market for this card reveals a less optimistic investment picture. The PSA 10 median price is $1,000, leading to a multiplier of 0.5× and a concerning -58.2% Grading ROI. This substantial loss suggests that the premium for a raw copy, relative to its graded counterpart, is not justified if the goal is a profitable grading flip. Collectors might be better served by acquiring a PSA 10 copy directly rather than risking submission of a raw card.

Buy Alex Pereira [Octagon] on eBay (active listings) Check Alex Pereira [Octagon] sold comps on eBay

6. Hasbulla Magomedov [Gold] (200)

The Hasbulla Magomedov [Gold] card, with a raw price of $2,025, continues to highlight the immense market presence of Hasbulla within the 2023 Panini Prizm UFC set. The gold parallel typically signifies a moderate level of rarity, contributing to its high raw valuation. As with the [Blue Shimmer] variant, the primary driver for this card’s price appears to be its subject matter’s widespread appeal, rather than its inherent investment potential in graded form. There is no available data for the PSA 10 median price or Grading ROI for this specific card. This absence of graded market performance metrics makes it challenging to perform a direct cost-benefit analysis for grading. Collectors are advised to focus on the raw market demand and condition of the card itself, as graded performance insights are currently unavailable.

Buy Hasbulla Magomedov [Gold] on eBay (active listings) Check Hasbulla Magomedov [Gold] sold comps on eBay

7. Hasbulla Magomedov [Mojo] (200)

The Hasbulla Magomedov [Mojo] card from the 2023 Panini Prizm UFC set is a significant chase card, valued at $1,675 raw. The “Mojo” parallel is often a highly sought-after variant known for its vibrant appearance and limited print run, which contributes to its substantial raw price point. Hasbulla’s unique celebrity status outside of traditional sports continues to drive demand for his collectibles, making this card a focal point for many collectors. This card offers a different story when it comes to grading. The PSA 10 median price is $2,375, resulting in a strong multiplier of 1.4× and a very healthy 21.6% Grading ROI. This positive performance in the graded market makes the [Mojo] parallel an excellent candidate for collectors considering grading for profit. It demonstrates that strategic grading on specific, popular parallels can still yield significant returns in the current market.

Buy Hasbulla Magomedov [Mojo] on eBay (active listings) Check Hasbulla Magomedov [Mojo] sold comps on eBay

8. Bo Nickal [Blue Shimmer] (103)

The Bo Nickal [Blue Shimmer] card is another entry among the top chase cards in the 2023 Panini Prizm UFC set, with a raw price of $1,525. The “Blue Shimmer” parallel is distinctive and likely appeals to collectors who appreciate its aesthetic qualities and relative scarcity. Bo Nickal’s rising profile in the UFC naturally elevates the demand for his cards, particularly for unique parallels like this one. However, similar to some of the other top cards in the set, comprehensive data on its graded performance is not available, as there is no listed PSA 10 median price or Grading ROI. This makes it difficult to assess its investment potential through grading. Collectors focusing on this card should be aware that its market value is primarily driven by its raw price and the perceived appeal of the parallel, rather than established graded market data.

Buy Bo Nickal [Blue Shimmer] on eBay (active listings) Check Bo Nickal [Blue Shimmer] sold comps on eBay

Investment Analysis

Grading ROI Across the Set

When examining the 2023 Panini Prizm UFC set through the lens of grading profitability, a clear pattern emerges: the majority of its top chase cards present a significant risk. Cards like the Hasbulla Magomedov [Blue Shimmer] show a devastating -82.4% Grading ROI with a PSA 10 median of $750 against a raw price of $3,666, and the Alex Pereira [Octagon] card offers a -58.2% ROI. This indicates that submitting these particular raw cards for grading is unlikely to result in a profit, at least based on current 2026 valuations. However, there are exceptions that provide a glimmer of opportunity. The Bo Nickal [Octagon] card, for instance, boasts a positive 10.9% Grading ROI, with its PSA 10 grade ($2,900) outperforming its raw price ($2,250). Even more compelling is the Hasbulla Magomedov [Mojo] card, which delivers a robust 21.6% Grading ROI, with its PSA 10 value ($2,375) exceeding its raw price ($1,675) by a significant margin. These outliers suggest that while the set, as a whole, may not be conducive to grading flips, selective submission of high-performing parallels on popular athletes can still yield positive returns.

Complete-Set Cost and Valuation

The sum of the top 8 chase card raw prices for the 2023 Panini Prizm UFC set is $18,691. This figure serves as a crucial lower-bound indicator for the potential cost of completing the set, but it is by no means the final number. It’s essential for collectors to understand that this sum only accounts for the most sought-after cards; the true cost of acquiring a complete set will be considerably higher. Typically, for sets like this, the actual cost to complete a set is estimated to be 1.0 to 1.2 times the sum of the top cards, especially for sports card sets where commons and lower-tier parallels can add up significantly. Therefore, collectors should budget an additional 20% to 50% beyond this $18,691 floor to account for the vast number of common cards, various parallel versions, and other inserts that constitute the full checklist. This means a realistic budget for a complete set in 2026 could easily exceed $22,000 to $28,000, making it a substantial investment for any collector.

Short-Term vs. Long-Term Outlook

The short-term outlook for the 2023 Panini Prizm UFC set in 2026 appears mixed, largely dictated by the performance of individual chase cards and the athletes they represent. While some cards, like Bo Nickal’s [Octagon] and Hasbulla’s [Mojo] parallel, show promise for grading flips, the majority of the top-tier raw cards are experiencing significant depreciation when graded. This suggests that the speculative bubble around certain raw cards may be deflating, or that grading costs and turnaround times are impacting perceived value. The long-term view, however, is more dependent on the sustained careers and market relevance of the featured fighters. If fighters like Bo Nickal and Alex Pereira continue to dominate their respective divisions and maintain high public profiles, their cards may see renewed interest. The unique appeal of figures like Hasbulla also contributes to a lasting, albeit niche, demand. For collectors focused on long-term appreciation, identifying fighters with sustained career trajectories and market appeal will be key.

Potential Risks and Considerations

Investing in the 2023 Panini Prizm UFC set, like any sports card market, comes with inherent risks. One significant consideration is the potential for reprints or overproduction in future Panini UFC releases. While Prizm is a premium brand, Panini has a history of issuing similar parallels or even direct reprints in subsequent sets, which can dilute the scarcity of earlier issues. Furthermore, the career trajectory of UFC athletes can be unpredictable; injuries, unexpected losses, or performance dips can drastically impact the demand and value of their trading cards. The grading landscape itself is also a factor; shifts in grading standards or population control by companies like PSA can affect the perceived value of graded cards. For a set released in 2023, its place in the broader history of UFC cards is still being established. Collectors should remain aware of market trends, monitor individual fighter performance, and be cautious of overpaying for raw cards that show poor grading ROI, as these factors can lead to significant financial losses.

Worth Collecting? The Verdict

WATCH

The 2023 Panini Prizm UFC set is a complex collection with high highs and low lows, making it a prime candidate for a cautious approach in 2026. While the raw prices of some cards, like the Hasbulla Magomedov [Blue Shimmer] at $3,666, hint at immense collector buzz, the negative grading ROI on many of these flagship cards (-82.4% for the aforementioned Hasbulla card) signals that raw-to-graded flipping is a risky proposition. However, positive outliers like the Bo Nickal [Octagon] (10.9% Grading ROI) and Hasbulla Magomedov [Mojo] (21.6% Grading ROI) offer specific opportunities for savvy graders. The complete set floor is substantial, nearing $18,691 for just the top 8 chase cards, indicating a significant investment for completionists.

• The sports cards completionist: WATCH. The sheer cost and number of cards required to complete the entire 2023 Panini Prizm UFC set make it a significant undertaking in 2026. The raw prices of the top chase cards alone approach $18,691, and factoring in commons and parallels will push the total cost much higher. While the set offers desirable cards, the current market suggests that focusing on specific, high-ROI graded cards or desired individual stars might be a more strategic approach than pursuing full completion unless a collector has a deep budget and a passion for this specific release.

• The ROI-focused investor: WATCH. For investors primarily focused on grading ROI, the 2023 Panini Prizm UFC set is a mixed bag. While the majority of top chase cards exhibit poor grading returns (e.g., Hasbulla [Blue Shimmer] at -82.4%), specific gems like the Bo Nickal [Octagon] (+10.9% ROI) and Hasbulla [Mojo] (+21.6% ROI) offer genuine opportunities for profitable grading flips. An investor should meticulously research individual parallels and fighters to identify these specific sweet spots, rather than assuming broad profitability across the set. The risk of overpaying for raw cards with negative grading potential is high.

• The new collector with $9,345 to spend: SKIP. A new collector with a budget of $9,345 would be wise to steer clear of attempting to collect the 2023 Panini Prizm UFC set in its entirety or focusing on its highest-tier raw chase cards. The cost of the top 8 cards alone exceeds this budget significantly. Even focusing on mid-tier cards would consume the budget quickly, with little left for the bulk of the set. This budget would be far better allocated towards more established, potentially more stable, or individually high-value graded cards from other sets, or even a significant portion of a different, less expensive set. For instance, investing in a single, high-grade PSA 10 iconic card from another sport or franchise could offer better long-term prospects for this budget.

Pro Tip: When evaluating the 2023 Panini Prizm UFC set for investment, always cross-reference raw prices with graded card sales data. Cards with high raw prices but low PSA 10 multipliers (like Hasbulla Magomedov [Blue Shimmer] at 0.2×) are generally poor candidates for grading flips. Conversely, cards with a strong multiplier (like Hasbulla Magomedov [Mojo] at 1.4×) indicate a healthier market for graded submissions, provided the PSA 10 price justifies the grading costs and effort.

Frequently Asked Questions

Is 2023 Panini Prizm UFC worth collecting for investment in 2026?

It’s a conditional “watch.” While some individual cards like Bo Nickal [Octagon] and Hasbulla Magomedov [Mojo] show positive Grading ROI (10.9% and 21.6% respectively), many of the highest-priced raw cards, such as Hasbulla Magomedov [Blue Shimmer] at $3,666 raw, have extremely negative Grading ROI (-82.4%). This suggests selective buying and grading are key, not a blanket investment in the set.

What is the estimated cost to complete the 2023 Panini Prizm UFC set?

The sum of the top 8 chase card raw prices is $18,691. For sports card sets, the complete set cost is typically 1.0–1.2 times this floor. Therefore, a realistic budget for a complete set in 2026 would likely range from approximately $18,691 to $22,429, not including potential bulk purchases or higher-end parallels.

Which 2023 Panini Prizm UFC cards offer the best grading ROI?

As of August 2026, the Hasbulla Magomedov [Mojo] card boasts the highest reported Grading ROI at 21.6%, with its PSA 10 median ($2,375) significantly exceeding its raw price ($1,675). The Bo Nickal [Octagon] card also presents a positive ROI of 10.9%. These are excellent candidates for raw-to-graded submissions.

Should I buy raw or graded cards from the 2023 Panini Prizm UFC set in 2026?

For most of the top chase cards, buying graded is likely the safer bet, especially if the raw card shows a negative Grading ROI. For example, the Hasbulla Magomedov [Blue Shimmer] has a raw price of $3,666 but a PSA 10 median of only $750. However, if you find a card like Bo Nickal [Octagon] at a good price raw and it demonstrates a positive ROI trend, submitting it could be profitable.

How popular is the 2023 Panini Prizm UFC set among collectors?

The set is popular, driven by the appeal of its star fighters and the renowned Prizm brand. Cards of figures like Hasbulla Magomedov command exceptionally high raw prices due to their widespread recognition. However, this popularity doesn’t always translate to strong graded card investment performance, as indicated by the data.

What are the biggest risks associated with collecting this set?

Risks include the unpredictable career paths of UFC athletes, potential overproduction of cards and parallels impacting future scarcity, and fluctuations in grading company standards or market demand for specific grades. For instance, if a fighter’s performance declines, the value of their cards can drop significantly.

Learn more about navigating the exciting world of sports card collecting and investing. Explore our guides on the 2025 Panini Caitlin Clark Chronicled Collection Checklist and the 2025 Topps Chrome UFC Sports set, or dive into the broader sports card market.