Logan Paul Sells Pokémon Card for Record $16.4 Million
In a remarkable event that has captured the attention of collectors and enthusiasts, YouTube creator and WWE star Logan Paul sold his rare Pokémon card for a staggering $16.4 million. This sale marks a significant milestone in the world of collectibles, setting a new Guinness World Record for the most expensive Pokémon card sold at auction.
Details of the Historic Sale
The auction of Paul’s ultra-rare 1998 Pokémon Pikachu Illustrator card took place on February 16, 2023. Encased in a custom diamond necklace, the bidding commenced the day prior at $13.3 million. The card ultimately sold to AJ Scaramucci, founder of Solari Capital.
Interestingly, Scaramucci attended the auction in person, surprising both Paul and Goldin, the auction house responsible for the sale. The entire hand-off process was completed on the same day, further enhancing the excitement surrounding the event.
Previous Records and Notable Features
Prior to this auction, Logan Paul had purchased the Pikachu Illustrator card for $5,275,000 in 2021. This earlier transaction set the record for the most expensive Pokémon card sold via private sale. Paul famously showcased the card during his WWE debut at WrestleMania 38 in 2022, wearing it in the diamond necklace created by Suny the Jeweler.
- 2023: Logan Paul sells the card for $16,492,000
- 2021: Purchased for $5,275,000
This particular card holds a unique status, graded as a Gem Mint 10 by the Professional Sports Authenticator (PSA), a distinction awarded to cards deemed “virtually perfect.” Among the 53 documented Pikachu Illustrator cards, Paul’s is the only one to achieve this grade.
Valuable Necklace Specification
The necklace itself is a work of art, constructed from pure Italian solid gold and adorned with approximately 35 carats of natural diamonds. The Pokéball pendant features an additional 6.5 carats, with the chain set with 27.5 carats of baguette diamonds. According to appraisals, the necklace is valued at $75,000.
Additional Records Set at the Auction
This auction also saw several other notable sales, further emphasizing the lucrative world of Pokémon collectibles:
- 1999 Pokémon Base Set 1st Edition Holo Charizard sold for $954,808.
- 1996 Pokémon Japanese Base Set Holo Uncut Sheet fetched $613,801.
- 1999 Pokémon Base Set 1st Edition Factory-Sealed Booster Box sold for $496,000.
The unprecedented sale of Logan Paul’s Pikachu Illustrator card signifies not only a personal triumph for the influencer but also a testament to the growing value of rare collectibles in today’s market. As the Pokémon franchise continues to thrive, the appeal and worth of such items are poised to rise even further.
