Why Logan Paul Paid $6 Million For One Pokemon Card
Internet personality, boxer and Pokemon investor Logan Paul recently spent $6 million on a very rare Pokémon card and then wore the card during his performance at WrestleMania 38. Why? Because the Internet and speculators have destroyed reality.
Paul, 27, first teased his Pokémon card accessory on April 2. when he revealed that he plans to wear a very rare Pikachu Illustrator card to WrestleMania 38, the biggest WWE event of the year. Until April 2, Paul held a reporting 6 million dollars on the map through the Professional Sports Authenticator (PSA) sales database.
So why did Logan Paul spend so much money on one Pokémon card and then wear it as a necklace?? This is partly because his whole business revolves around him continuing to do stunts like this and then using his fame to make more money so he can keep doing stunts to make more money and, well, you see how it works.
However, the card that Paul bought…Pikachu illustratoris a really rare card, in fact, it might be the rarest Pokemon card we know of in 2022. (Although probably not worth the $6 million…)
This particular version of Pikachu Illustrator was recently rated as GEM Mint 10 by PSA appraisal company. that says almost perfect condition. This makes it the only registered Pikachu Illustrator card to have received this rating, and would make it rare and sought after, given that only about 40 such cards are thought to have ever been created and released.
Although it is almost a one-of-a-kind card, it cannot be said that it was worth $6 million before Paul bought it. The exact cost is hard to determine, but it’s likely that now that he’s worn it and spent so much money on it, Paul might try to sell it for more, inflating the price of the card.
Later, after his match, The Guinness Book of World Records claimed that Paul had set a new world record. for the most expensive Pokémon card sold at a private auction. (Guinness locked in a price of $5,275,000, which was likely spent on the card after fees were abolished.)
This is just the latest high-profile incident in an ongoing Fascination with Pokemon cards which has continued to roam the globewhich leads to a shortage of cards, crowds cause chaos in shops and auction prices for rare cards continue to skyrocket as more people try to get a piece of the pocket monster pie.
And let’s not forget that Logan Paul once wore another very rare Pokémon card before the big event. This time it was a Charizard card, which Paul claimed was worth a million dollars. after the match with boxing star Floyd Mayweather. Or another time he spent a lot of money on some crappy GI Joe cards.