Logan Paul Pikachu Illustrator sale
by Gigliola: Logan Paul
Logan Paul flipped the Pikachu Illustrator card from a $5.275 million buy to a February sale of $16.49 million, setting a Guinness World Record for a trading card. That same asset was meant for his fractional ownership platform where buyers were supposed to hold 49% stakes. While the speaker thinks he paid them back, it is unknown whether those owners actually received payment. The new buyer is described as scary moochie's son and paid a premium to establish this as the most expensive ever sold while creating a museum of collectibles worldwide.
Transcript (en)
Pikachu Illustrator is probably the most famous valuable card because of who was associated with it. So Logan Paul, in 2022, he bought it for a deal that was 5.275 million. And he just sold it in February of this year for 16.49 million. The most expensive trading card ever sold, according to Guinness World Records. so but there's also more backstory there because that card that he first bought was one of the first items that was supposed to go on his his uh platform that allowed for fractional ownership of collectibles and so technically i believe it was something like the people who bought into that were supposed to have owned 49 of the card and i think he did pay them back is my understanding if if he didn't let us know in the comments and the guy who bought the card from him for 16.49 million there's also a lot of spectacle there because it's it's um it's scary moochie's son and he bought it because he's doing this whole spectacle of basically trying to create i believe it's a museum of the most expensive collectibles from across the world like that's the business he's trying to do so he also paid a fat premium to basically say it's the most expensive card ever if you enjoyed this be sure to hit that like button and follow to stay up to date with what's going on in the world and everything else memes and markets peace
