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AJ Scaramucci buys Logan Paul's one-in-world PSA 10 Pokémon card (Pikachu Illustrator) for 16.5M USD:
Social media influencer and wrestler Logan Paul made history last week when he auctioned and sold a rare Pokémon card for $16.5 million, a world record price for an auctioned trading card. The winner views it as an investment.
AJ Scaramucci — son of investor and former White House communications director Anthony Scaramucci — won the bidding war for the “Pikachu Illustrator” card, made in 1998 and one of only an estimated few dozen to exist.
It’s the crowning achievement in the Solari Capital founder’s short collecting career, which started with trading cards during the COVID-19 pandemic.
“I mean, Picassos are great,” he said in an interview, explaining the Illustrator card’s importance. “But Pokémon means way more than just a Picasso painting to people.”
After winning, Scaramucci said the card’s purchase was the first action in what will be, as he dubbed, a “planetary treasure hunt.” He said the goal, which he is embarking on with his younger brother, is to collect a number of real-world, scarce assets across varying categories.
Trading card markets have exploded in recent years. According to data from Card Ladder, an analytics firm that tracks trading card prices and sales, the monthly sales volume in secondary trading has nearly doubled in the last two years.
Full: Here (External with graph showing trading card market blowing up)
Social media influencer and wrestler Logan Paul made history last week when he auctioned and sold a rare Pokémon card for $16.5 million, a world record price for an auctioned trading card. The winner views it as an investment.
AJ Scaramucci — son of investor and former White House communications director Anthony Scaramucci — won the bidding war for the “Pikachu Illustrator” card, made in 1998 and one of only an estimated few dozen to exist.
It’s the crowning achievement in the Solari Capital founder’s short collecting career, which started with trading cards during the COVID-19 pandemic.
“I mean, Picassos are great,” he said in an interview, explaining the Illustrator card’s importance. “But Pokémon means way more than just a Picasso painting to people.”
After winning, Scaramucci said the card’s purchase was the first action in what will be, as he dubbed, a “planetary treasure hunt.” He said the goal, which he is embarking on with his younger brother, is to collect a number of real-world, scarce assets across varying categories.
Trading card markets have exploded in recent years. According to data from Card Ladder, an analytics firm that tracks trading card prices and sales, the monthly sales volume in secondary trading has nearly doubled in the last two years.
Full: Here (External with graph showing trading card market blowing up)
