Its still an old card, first arriving in the United States in 2000, but Lugia stands apart from many of the other cards from that time for a few reasons
Value depends heavily on competitive play utility
I will go over them briefly in each section however
Considering the Pokemon involved, this card is unlikely to explode in value, but it's still a bargain at this price
But if an opposing player deals creature damage to them, the attacking player becomes the new monarch
Raita Kazama did something striking here by placing Ralts, Kirlia, and Gardevoir all in the same frame, making the card look more like a portrait of a journey than a battle scene, and Gardevoir has one of the deepest collector followings in the franchise, which explains why this card holds so firmly above the $200 mark