Anthony Scaramucci son buys Logan Paul Pokеmon card for $16 million, setting new market record
The rare Pikachu Illustrator card has been sold for more than $16 million, marking the most expensive trading card sale in history. The buyer was A.J. Scaramucci, son of SkyBridge Capital founder Anthony Scaramucci.
The card in question is the 1998 Pokémon Illustrator. Only 39 copies were officially distributed, and the sold example is the only one graded PSA 10, meaning it is in virtually perfect condition. The deal totaled $16.49 million. The previous record stood at $13 million, according to The Block.
From NFT to legal scrutiny
Logan Paul originally purchased the card in July 2021 for $5.3 million. He later raised $8 million to launch Liquid Marketplace, a platform designed to tokenize physical and digital collectibles.In 2022, Paul listed the card on the platform, offering up to a 51% fractional stake. Ultimately, 5.4% of the asset was sold to fractional investors for approximately $270,000.
In 2024, the Ontario Securities Commission filed charges against Liquid Marketplace, Paul, and others. The regulator alleged potential securities law violations, misleading investors, and improper use of funds.
Paul said that in May 2024 he bought the card back at the same valuation at which the fractional shares were sold and made funds available for users to withdraw. According to him, after the platform temporarily went offline, he personally financed its restoration so investors could access their money.
Market momentum returns
The sale comes amid renewed interest in tokenized trading cards. Collector Crypt, a Solana-based platform that turns graded Pokémon cards into redeemable NFTs, recorded nearly $37 million in weekly trading volume in early January — a record for the marketplace.The Scaramucci deal not only set a new price benchmark but also reignited attention around the intersection of physical collectibles and Web3 infrastructure.
Earlier, we reported that blogger Logan Paul found himself at the center of another controversy. During the Super Bowl, he showcased what appeared to be a $1 million bet on Polymarket. However, crypto sleuths quickly discovered there were no funds in his account, and the bet turned out to be staged.
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