Is is just mislabeled (misses the ‘German’ on the label; should say 1999 Pokemon German) by PSA? It looks like a genuine Gen 7 PSA slab to me but I am sure some of you have better trained eyes. Appreciate your thoughts.
Is the question whether someone swapped out a legit card for a German version? Hard to tell with rough pics (and seller has very little feedback) but most likely a label error (1x cert PSA era was not great for Pokemon expertise)
That being said, PSA would sometimes mislabel foreign language cards as English, especially when the name of the Pokémon was the same. Some people intentionally sent in certain German because they would slip though (and there was no other way to get them graded).
So the TL;DR is that this Raichu is almost certainly just a mislabel
Thank you @pfm@pokecollectoramy for your insightful responses, much appreciated. The card was just sold for 1.7k. In fact, the same seller had sold this card for 5k (auction) on Dec 6. While the 5k was probably way too high (and hence not paid for), still a substantial price drop.