Logan Paul’s Pokémon Card Sells for $16.5M, Setting World Record
Logan Paul has made headlines once again with his recent sale of a rare Pokémon card. The card, recognized as the “holy grail” of collectibles, sold for an astounding $16.49 million, setting a new world record for the most expensive trading card ever sold at auction.
Details of the Record-Breaking Sale
Originally crafted in the late 1990s, the Pikachu Illustrator card is one of only 39 that exist. Paul purchased this specific card five years ago for $5.27 million. The sale occurred on February 16, 2023, following a dramatic 42-day auction filled with intense bidding.
Key Figures in the Auction
- Sale Price: $16.49 million
- Purchase Price: $5.27 million
- Profit Made: Approximately $8 million
- Bid Duration: 42 days
- Last Minute Bid Increase: From $6.88 million to $16.49 million
Logan Paul livestreamed the final moments of the auction on his YouTube channel, which has over 23.6 million subscribers. At one point during the auction, the card’s value was significantly lower before last-minute bidders drove the price up.
Noteworthy Aspects of the Card
The Pikachu Illustrator card possesses a Grade 10 rating, indicating its pristine condition. This grade was a significant factor in its record-breaking price. Paul previously wore the card embedded in a diamond-encrusted necklace during his WWE debut at WrestleMania 38 in 2022.
Paul’s Reflection on the Sale
As the sale concluded, Paul expressed his excitement, stating, “Oh my gosh, this is crazy.” Prior to the auction’s end, he shared an emotional farewell message to the card on Instagram. He described his experience of owning the card as a “privilege,” reflecting on its journey through various media platforms, from the Guinness World Records to National News.
This sale exemplifies the booming market for rare Pokémon trading cards, as collectors and investors continue to show immense interest in these unique pieces of memorabilia. Logan Paul’s passion for Pokémon has not only resulted in personal enjoyment but also significant financial gain.
