Logan Paul’s Pikachu Pokémon Card Sells for Record-Breaking $16.4 Million
Logan Paul has shattered records with the sale of his PSA 10-graded Pikachu Illustrator Pokémon card, fetching an astonishing $16.4 million at auction. This sale marks the highest amount ever paid for a trading card, surpassing the previous record, also held by this specific card.
A New Record in Trading Cards
The card was initially purchased by Paul in 2021 for $5.27 million. The recent auction concluded with a winning bid of $13 million from venture capitalist AJ Scaramucci, with an additional $3.49 million covering auction fees.
- Final Sale Price: $16,492,000
- Initial Purchase Price: $5,270,000 (2021)
- Winning Bidder: AJ Scaramucci
- Auction Fees: $3,490,000
The Rarity and Appeal of the Pikachu Illustrator
The Pikachu Illustrator card is one of the rarest Pokémon cards in existence. Its PSA 10 grading signifies it is technically flawless and unique. Logan Paul has significantly increased the card’s visibility and market value since acquiring it.
Logan Paul’s Influence
To enhance its allure, Paul mounted the card in a jewel-encrusted necklace valued at approximately $70,000. He famously wore this necklace during his WWE debut at WrestleMania 38.
Prior to the auction, Paul referred to the card as “the Mona Lisa of collectibles” and promised to personally deliver it to the winning bidder. This strategic marketing has undoubtedly bolstered interest in the auction.
Publicity and Controversy
The auction attracted considerable attention, partly due to a strange incident involving OnlyFans creator Emmie Bunni. A false claim of a $10.2 million bid linked to her created a stir, diverting potential bidders away.
Amid other controversies, including a public spat between Logan and his brother Jake Paul related to Super Bowl LX halftime artist Bad Bunny, the auction maintained its momentum. The buzz surrounding Pokémon cards has intensified recently, elevating the stakes.
Timing and Future of Pokémon
This record-breaking auction coincided with the upcoming 30th anniversary of Pokémon. Fans anticipate announcements regarding the franchise’s future, particularly a new life simulation game titled Pokémon Pokopia, expected to release details on February 27.
Logan Paul’s sale of the Pikachu Pokémon card for $16.4 million signifies not only a personal milestone but also highlights the soaring popularity of collectible trading cards in today’s market.