Why did Logan Paul spend $3.5 million on faux Pokemon playing cards?

Recognized for being a troll by those that observe him on social media, Logan Paul seems to have had the tables turned on him. The YouTube star, a identified Pokemon card collector, lately came upon he spent thousands and thousands on faux card units. 

In December, Paul spent $3.5 million on what he thought was a case of first-edition Pokemon booster containers, a uncommon discover for followers of Pokemon. It was essentially the most anybody had spent on the playing cards. PokeBeach, the final word buying and selling card fan web site, didn’t initially report on the information on account of being skeptical of the purchase. PokeBeach would go into additional element relating to the sale of the case, which prompted Paul to do some additional analysis. 

In a video on his YouTube web page, Paul confirmed that what he purchased weren’t first-edition Pokemon playing cards. It turns on the market weren’t Pokemon playing cards in any respect within the packaging, however G.I. Joe buying and selling playing cards. Throughout the video, he talks about shopping for the case from a collector named Matt Allen, who initially purchased it for $2.7 million. The particular person Matt purchased it from reportedly had an inconsistent story. That is after the Baseball Card Alternate initially verified the case. 

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The BBCE accepted the case primarily based on the sealing of the bundle and the label. In Chicago, Paul, Matt and the BBCE opened the bundle on video after one thing felt off. Inside, they discovered the G.I. Joe playing cards. 

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The case in opposition to legitimacy

PokeBeach went into additional element relating to the sale of the case. It acknowledged that the BBCE was not that skilled when it got here to Pokemon playing cards. Baseball Card Alternate proprietor and authenticator Steve Hart mentioned the subject of Pokemon playing cards in June 2020, through an electronic mail correspondence shared on PokeBeach, confirming that report. 

The case was additionally flipped at varied factors, initially having a worth of $72,500. How the value modified, together with the motion of the case, didn’t look like it was executed accurately. Not like the preliminary video, PokeBeach mentioned the product code and barcodes of the packaging that finally went to Paul. A selected product code is used when coping with base units. PokeBeach continued with the concept that the tape of the packaging is way totally different in contrast with buying and selling card circumstances. That felt like sufficient for Paul to do a few of his personal analysis. 

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The BBCE has since responded to the reveal, stating that when it initially appeared on the bundle it was verified as being untouched. The corporate will now reevaluate its authentication course of.  

“We’ve got authenticated tens of hundreds of sealed card merchandise for practically 20 years and have meticulously developed a construction and framework to offer our professional opinion. We’re re-evaluating our strategy to all sealed circumstances going ahead. We’ve got additionally determined to halt the evaluate of Pokémon or Yu-Gi-Oh! circumstances or containers till we assess and revise our processes to keep away from this occurring sooner or later.

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What now for Logan Paul? 

Paul prides himself on being an enormous Pokemon fan. He wore a uncommon Charizard card as a necklace when he boxed Floyd Mayweather in 2021. He’s now out $3.5 million and can look to proper a incorrect that was executed to him. 

For now, Paul is specializing in selling his sports activities power drink firm. Paul could make the cash again because of his video content material, amongst different ventures. It gained’t be the identical to him, nonetheless.

“I’m an excellent constructive particular person, bro, and I’ll all the time be the one to have a look at the brilliant aspect,” Paul mentioned within the video. “And I’m attempting, however that is very exhausting.”

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