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On 2 April 2022, at WrestleMania 38, it was confirmed that Logan Paul (USA) had broken the record for the most expensive Pokémon trading card sold at a private sale with a coveted PSA Grade 10 Pikachu Illustrator card that set him back $5,275,000 (£3,862,424 / €4,477,146).
He was presented with his Guinness World Records certificate backstage by adjudicator Mike Marcotte.
Paul’s emotion at receiving this accolade was clear, and as the Pokémon card hung from his neck in a bejewelled case, he accepted his certificate proudly.
But how did Paul manage to get his hands on such a rare card?
His journey started in sunny Italy at Lake Como in June 2021.
There, Paul purchased a PSA Grade 9 Pikachu Illustrator card from Matt Allen. Allen is a prominent sports card collector, ranging from NFL, F1, NBA cards and more, but also dabbles in gaming cards.
The transaction cost Paul $1,275,000.
"I have never spent this much money on a physical asset," Paul said during the trade.
"This card cost me more than my ranch. My 84-acre ranch." - Logan Paul
Allen credits "pokemafa", a fellow collector, for selling him the card in order for him to then sell on to Paul – although Paul’s identity was kept secret.
"Special thanks to @pokemafa for moving this piece to me so it could then start its journey to become part of a bigger deal that helped release 'the PSA 10 Illustrator' from a strong collection in Dubai", wrote Allen on Instagram.
From Dubai, it travelled with Paul back to the US, who had it decked out with a blingy case and chain.
"It’s held in an $80k custom diamond pendant with a Pokéball bail. This is the pinnacle of Pokémon," wrote Paul on Instagram.
The card then travelled to the AT&T Stadium in Arlington, Texas, USA, to appear at Wrestlemania.
What’s next for the record-breaking card?
Paul announced today he will be listing the card on Liquid Marketplace, a website he co-founded that allows part ownership of collectibles.
He will, however, retain 49 percent ownership of the card.
Given it’s price tag, it will most likely stay under lock and key for the time being – but with the diamond studded case and chain ready and waiting, we're sure Paul will be sporting the card at another event soon. At his next WWE appearance, perhaps?