Logan Paul, the WWE Superstar and YouTube sensation, has been known for many things, but his recent acquisition of a Pokémon card has taken the world by storm. Using a portion of his substantial net worth, Paul made a record-breaking purchase of a Pikachu card in an auction. This wasn’t just any card; it was a card that shattered the Guinness Book World Record for the most expensive Pokémon trading card sold at a private sale.
Logan Paul didn’t just buy any Pikachu card; he acquired the Pikachu Illustrator card for a staggering $5,275,000. This card is unique and rare. In 1998, only 39 of these Illustrator cards were given out as prizes to winners of an illustration contest. Fast forward to today, and only 20 of these cards have been certified, with a mere eight of them being PSA 9.
The Significance Of PSA Grading
NEW YORK, NEW YORK – MAY 18: Logan Paul attends 2022 WSJ The Future of Everything Festival at Spring Studios on May 18, 2022 in New York City. (Photo by Steven Ferdman/Getty Images)
PSA-graded cards are a testament to a card’s authenticity and quality. The higher the PSA grade, the rarer and more valuable the card becomes. Logan Paul is the proud owner of the only PSA grade 10 Pikachu Illustrator card in existence. Once a card receives its PSA grade, it’s encased in a protective plastic box, which Logan Paul has been known to wear as a locket, showcasing his prized possessions.
MIAMI BEACH, FLORIDA – JUNE 02: Logan Paul works out at the 5th St. Gym prior to his June 6th exhibition boxing match against Floyd Mayweather on June 02, 2021 in Miami Beach, Florida. (Photo by Michael Reaves/Getty Images)
Logan’s journey to acquire this card was not straightforward. Before securing the PSA 10 Pikachu Illustrator card, he bought a PSA Grade 9 Pikachu Illustrator card for $1,275,000. He then traveled to Dubai to meet the renowned collector, Dubsy. After negotiations, Paul traded the PSA 9 card and an additional $4,000,000 to Dubsy for the coveted PSA 10 Pikachu card. This transaction took place discreetly in the luxurious Burj Al Arab.
GLENDALE, ARIZONA – OCTOBER 29: Logan Paul attends the cruiserweight bout between Jake Paul and Anderson Silva of Brazil at Desert Diamond Arena on October 29, 2022 in Glendale, Arizona. (Photo by Christian Petersen/Getty Images)
Dubsy, the previous owner of the card, revealed in an interview that the card held sentimental value for him. He had received offers for the card in the past, even as high as $1.5 million, but declined them due to his emotional attachment. This underscores the fact that for many, Pokémon cards are not just collectibles but hold deep sentimental value.
Q: How much did Logan Paul pay for the Pikachu Illustrator card? A: Logan Paul purchased the Pikachu Illustrator card for a total of $5,275,000.
Q: What makes the Pikachu Illustrator card so rare? A: Only 39 Pikachu Illustrator cards were distributed in 1998 as prizes for an illustration contest. Currently, only 20 are certified, with Logan Paul owning the only PSA grade 10 card.
Q: What is PSA grading? A: PSA grading is a measure of a card’s authenticity and quality. The higher the grade, the rarer and more valuable the card is.
Q: Who was the previous owner of Logan Paul’s Pikachu card? A: The card was previously owned by a collector named Dubsy.
Q: Why did Dubsy sell the card to Logan Paul? A: Despite the sentimental value attached to the card, Dubsy agreed on a price with Logan Paul and decided to part with the card.
In conclusion, Logan Paul’s Pikachu Illustrator card is not just special because of its rarity or its price tag. It’s a testament to the cultural impact and emotional value that Pokémon cards hold for many around the world. Whether you’re a collector or just a casual fan, the story of this card is a fascinating glimpse into the world of Pokémon card collecting.