Logan Paul Makes History After Auctioning Rare Pokemon Card For Staggering Amount

Logan Paul made a record-breaking amount after selling the world's most expensive Pokemon card for a staggering profit.

In 2021, Paul splashed out $5.275 million on the rare PSA 10 Pikachu Illustrator card, which is the only card to receive a perfect grade out of an estimated 41.

The Maverick bought it in a private deal which saw him hand over his PSA 9 edition as well as $4 million in cash and earned recognition from the Guinness World Records as a result.

When he made his WWE in-ring debut at WrestleMania 38 in Arlington,Texas, Paul wore the costly collectible around his neck in a custom diamond case.

Though it became a part of his personality, Paul decided to say farewell to the card and teamed up with Goldin Auctions to secure its sale.

After reportedly rejecting a private offer of more than $10 million, Paul streamed the auction on his YouTube channel on Sunday night - with the winning bidder having the card and diamond chain hand delivered.

Commenting ahead of the auction, Paul took to X and wrote: "Goodbye my friend. What a privilege it's been to be the owner of the greatest collectible in the world. From Guinness World Records to WWE debuts, Netflix to National News, this card and I have been on a generational run."

He also said he was "excited to go on my next Pokemon journey", opening $1.5 million worth of boxes in the stream.

Early on the bidding reached $5.1 million, totalling $6.3 million overall due to the buyer's premium. The stream lasted close to six hours and the price continued to increase as time went on, with the record of the most expensive Pokemon card of all-time being achieved when it reached $13 million dollars.

But with the buyer's premium included, the final bid of $13.3 million reached a whopping $16.49 million - meaning Paul had made more than $10 million on his purchase from five years ago. There were a total of 97 bids and though the winner's name wasn't released, he did appear on stream to comment on his purchase.

"We have been fans of Pokemon since we were kids," he said, appearing with his film director brother.

"This was the right way to start the treasure hunt."

Paul was left in disbelief and replied, "That is so epic" as he shook the man's hand and congratulated him on a "great acquisition" to began his journey.

He then announced his new venture called 'Ripit', said to be "the future of collecting" when it comes to Pokemon.