YouTuber Logan Paul sold a Pikachu Pokémon card for a world record $16.5m over the weekend. This was a record price for any type of trading card. The rare Pikachu Illustrator features art from the character’s original designer.
Logan Paul bought it in 2021 for $4m from a collector in the United Arab Emirates
Only 41 of the cards were ever produced. Logan Paul bought it in 2021 for $4m from a collector in the United Arab Emirates. The auction winner was AJ Scaramucci, who founded Solar Capital, a New York-based investment firm.
He’s the son of Anthony Scaramucci, who served as the White House communications director for less than two weeks under Donald Trump’s first presidency. He was relieved of his duties after he strongly criticized members of the administration during an interview that he thought was off the record.
While the $16.5m was an eye-catching sum, one Polymarket user cashed in handsomely too by winning $265,217 by correctly predicting that the card would sell for more than $12m:
Some people speculated, in replying to this X post, that the account could belong to the card buyer, which could allow him to get a discount or hedge his auction bid. It was the first trade placed on this account.
