Logan Paul says the Pokemon playing cards he purchased for $3.5 million are faux.
Paul launched a video titled “I misplaced $3,500,000 On Fake Pokemon Cards.”
In the video, Paul travels to Chicago to confirm if his playing cards are actual with the Baseball Card Exchange.
YouTuber-turned-boxer Logan Paul says he purchased a $3.5 million field of Pokémon playing cards that turned out to be faux.
In a video titled “I misplaced $3,500,000 On Fake Pokémon Cards,” Paul flies to Chicago to confirm the legitimacy of a number of bins of Pokémon playing cards he bought with the Baseball Card Exchange (BBCE).
“This story is fucking loopy, and it sucks, and I’m out $3.5 million,” Paul mentioned.
Paul, bought a series of what he believed were “sealed and authenticated” boxes of first edition Pokémon cards. However, when the BBCE consultant truly opened the bins, they had been stuffed with packs of G.I. Joe collectible playing cards and never Pokémon playing cards.
“G.I. Joe? G.I. Joe! It might have been anything!” an indignant Paul yelled.
Paul additionally seen that the cardboard bins weren’t labeled “first version.”
“It’s unhappy for the Pokémon neighborhood, like, what number of fraudulent issues are on the market,” Paul added. “Damn, bro. I simply went from 11 first-edition bins to 5. We bought fucked, finish of story.”
Paul was tipped off to the chance that the playing cards may be faux after a buying and selling card fan website dug into the acquisition historical past of the deck Paul bought. He tweeted on January 4 that he was flying to Chicago to confirm if the deck was actual.
Paul is understood for being an avid collector of Pokémon playing cards and opening costly bins of playing cards in his movies. Some movies on Paul’s web page characteristic him displaying off a card that value him $150,000, a deck that he forked out $200,000 for, and a first-edition Pokémon field he says he paid $1 million for.
“Until I collected Pokémon playing cards, I by no means felt like I used to be in a position to seize a bit of my childhood again,” Paul instructed Insider final 12 months. “I really like how the playing cards look and the way they make me really feel: like a giant child with some huge cash to spend on cardboard.”
Pokémon card costs skyrocketed in 2020 after YouTubers and influencers glommed on to the passion, and nostalgic Millennials took to accumulating playing cards in the course of the pandemic.
Diehard Pokémon collectors have complained that elevated curiosity within the playing cards additionally led to an inflow of scalpers and scammers into the neighborhood.
Scalpers “have taken one thing already in brief provide and made it much more inaccessible,” collector Lee Steinfeld instructed Insider’s Steven Aarsch final June. “The worst factor about it’s that it is not permitting individuals to proceed accumulating, construct their aggressive decks, or just play for enjoyable attributable to lack of provide.”
Logan Paul didn’t instantly reply to Insider’s request for remark.
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