Logan Paul Sells Rare Pikachu Card for Record $16.492 Million
Logan Paul has sold a rare Pikachu Illustrator Pokémon card for $16.492 million, setting a new world record for the most expensive trading card ever sold at auction. Paul had initially purchased the card five years prior for $5.275 million. The sale is believed to have generated over $8 million in profit after auction fees.
The rare Pikachu Illustrator card sold for a record-breaking $16.492 million, with the sale generating over $8 million in profit after auction fees.
Card's Unique Rarity and Authentication
The Pikachu Illustrator card is exceptionally rare, being one of only 39 created specifically for a Pokémon illustration competition held in the late 1990s. This specific card holds a unique status as the sole example authenticated as a Grade 10 by the prominent authentication agency PSA.
Auction Process and Record Confirmation
The auction for the card was conducted on Goldin auctions and ran for an extensive 42 days, concluding only after an extended bidding period. Following the auction's close, a Guinness World Records official formally confirmed the record-setting sale.
Paul's Acquisition of the Card
Paul's acquisition of this Grade 10 card took place in July 2021 through a specific transaction. He obtained it by trading a PSA Grade 9 Pikachu Illustrator card he already owned, which was valued at $1.275 million, and an additional $4 million in cash.