Psa 10 charizard 1st edition logan paul

Internet personality, boxer, and Pokémon investor Logan Paul recently spent $6 million dollars on a very rare Pokémon card and then wore that card during his WrestleMania 38 appearance. Why? Because the internet and speculators have destroyed reality.

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27-year old Paul first teased his Pokémon card accessory on April 2 when he revealed he was planning to wear the very rare Pikachu Illustrator card to WrestleMania 38, the largest WWE event of the year. Before April 2, Paul had spent a reported $6 million dollars on the card via Professional Sports Authenticator’s (PSA) sales database.

So why did Logan Paul spend that much money on a single Pokémon card and then wear it like a necklace? Part of it is because his entire 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 this works.

However, the card Paul purchased—Pikachu Illustrator—is indeed a rare card, in fact, it might be the rarest Pokémon card that we know of in 2022. (Though probably not worth $6 million...)

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This particular version of Pikachu Illustrator was recently rated as GEM Mint 10 by the PSA grading company, indicating it is a near-perfect condition. That makes it the only recorded Pikachu Illustrator card to have received this rating and would make it rare and sought after, considering it’s believed only about 40 of these cards were ever created and released at all.

Though it’s nearly one of a kind, it’s still not accurate to say this card was worth $6 million before Paul purchased it. The exact value is hard to figure out, but it’s likely that now after wearing it and spending so much on it, Paul could try to sell it for more, inflating the price of the card in the process.

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 in a private auction. (Guinness records the price at $5,275,000, which is likely what was spent on the card after fees are removed.)

This is just the latest high-profile incident in the ongoing Pokémon card craze that has continued to sweep around the globe, leading to card shortages, crowds causing chaos at stores, and auction prices on rare cards continuing to skyrocket as more people try to get a piece of the pocket monster pie.

And let’s not forget that time Logan Paul wore another very rare Pokémon card before a big event. That time it was a Charizard card that Paul claimed was worth a million dollars after his match with boxing star Floyd Mayweather. Or that other time he blew a bunch of money on some crappy G.I. Joe cards.

YouTube sensation Logan Paul wore a Pokemon collector's card around his neck during his walkout for his exhibition bout against boxing legend Floyd Mayweather on Sunday. However, it wasn't just any card, as it was later revealed that the collector's item was a rare 1st edition BGS (Beckett Grading Service) 10 Charizard Pokemon holographic card. Following the bout between Paul and Mayweather, which had no official winner, netizens were curious to know about the value of Paul's BGS 10 Charizard card.

Logan Paul Pokemon card: Logan Paul BGS 10 Charizard card worth

Logan Paul wore his BGS 10 Charizard card around his neck as he stepped into the ring, keeping it encased in a plastic wallet throughout. At the following press conference, Paul was spotted wearing it again and was asked about the value of the card.

“It’s a BGS 10 Charizard,” Paul explained, “first edition Charizard. It’s one of three in the world. It is my prized possession. Ever since I got this graded at a ten, the momentum in my life has been crazy. It’s my good luck charm. I mean now, this is a million-dollar card, baby. This is the card I walked out [with] to the Floyd Mayweather fight. This is a million-dollar card.”

The Charizard card on display at the bout was showcased in a video on Paul's channel titled “I Spent $150,000 on This Pokémon Card.” While that may have been the going rate at the time, Pokemon recent boom in popularity means it likely could sell for a lot more now. 

How much is a BGS 10 Charizard worth? 

It may seem bizarre but Logan Paul's BGS 10 Charizard card is probably more valuable than most jewellery worn by famous popular hip-hop stars. According to reports, a BGS 10 Charizard card is currently worth a whopping $250,000. 

Logan Paul payout vs Mayweather

Paul was largely dominated by the boxing legend for eight rounds on Sunday, but the fight didn't conclude with an official winner as there were no judges for the exhibition. The 26-year-old, however, surprised many as he successfully went the distance. He said surviving eight rounds against the boxing icon was a victory in itself.

It is believed that Paul made around $250,000 while earning 10% in pay-per-view revenue for fighting Mayweather. On the other hand, Mayweather's base salary for this match was reported to be $10 million and 50 % pay-per-view shares. 

Image Credits - Logan Paul YouTube

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