Logan Paul sells record-breaking Pikachu card for $16.5 million - PRESS AI WORLD
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Logan Paul sells record-breaking Pikachu card for $16.5 million

share-iconPublished: Tuesday, February 17 share-iconUpdated: Tuesday, February 17 comment-icon1 hour ago
Logan Paul sells record-breaking Pikachu card for $16.5 million

Credited from: BBC

  • Logan Paul sold a rare Pikachu card for $16.5 million.
  • The card is graded PSA 10, marking it as virtually perfect.
  • AJ Scaramucci, son of Anthony Scaramucci, is the new owner.
  • This sale has set a new record for trading cards at auction.
  • The card was initially bought by Paul for $5.28 million in 2021.

Logan Paul has made headlines by selling an ultra-rare Pikachu Illustrator card for a stunning $16.5 million, at an auction held by Goldin. This sale eclipses the previous record for any trading card sold at auction, as confirmed by Guinness World Records. The card's unique PSA 10 grading signifies it as a "virtually perfect" specimen, making it incredibly desirable among collectors. AJ Scaramucci, a venture capitalist and son of former White House communications director Anthony Scaramucci, purchased the card for $16,492,000, including the buyer's premium, according to BBC, South China Morning Post, and Le Monde.

The Pikachu Illustrator card that Paul sold was originally acquired for $5.28 million in 2021. It was offered as a prize for an illustration contest back in 1998, and only around 40 are said to exist, which adds to its rarity. The success of this auction highlights the soaring value of trading cards, particularly those affiliated with the Pokémon brand, as the market continues to grow and attract both gamers and investors alike. "The Pokémon market is blazing hot. It's dominating the market," said auctioneer Ken Goldin, reflecting on the card's immense popularity and worth, according to South China Morning Post and Le Monde.

BBC, South China Morning Post, and Le Monde.

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