Rare Pokemon Card Sells For Record $54,970 At Auction
Umer Jamshaid Published November 22, 2016 | 09:00 AM
LOS ANGELES, , (APP - UrduPoint / Pakistan Point News - 22nd Nov, 2016 ) - An extremely rare Pokemon trading card -- the "Pikachu Illustrator" -- was purchased for a record $54,970 at auction, organizers of the sale said Monday.
Dallas-based Heritage Auctions said the card, of which 39 were ever made, sold to an unidentified Hong Kong collector at Saturday's auction in Beverly Hills. "The Pikachu Illustrator card was given in January of 1998 to winners of the CoroCoro Comic Illustration Contest," Michael Halperin, a spokesman for Heritage Auctions, told AFP.
He said only 10 of the cards are known to be in mint condition and it is unclear how many are still privately owned. The "Pikachu Illustrator" first sold in the early 2000s for around $23,000, Halperin said.
The card, considered the most valuable and iconic Pokemon card among collectors, was designed by Atsuko Nishida, one of the chief Pokemon graphic illustrators. The card depicts the fan-favorite yellow rodent Pikachu, holding what appear to be drawing utensils.
It was put up for auction by a private collector in the United States in the wake of the popularity surrounding the Pokemon Go app, which has more than 20 million active users. Halperin said the seller, who is in his mid-20s and did not wish to be identified, had begun collecting Pokemon cards in his teens.
The Pokemon phenomenon first emerged in Japan in 1996 before becoming a global sensation.
Related Topics
Recent Stories
Currency Rate In Pakistan - Dollar, Euro, Pound, Riyal Rates On 4 May 2024
Today Gold Rate in Pakistan 04 May 2024
Pakistan marks World Press Freedom Day
High-level Saudi business delegation due on May 5
Stocks heat up as US labour market cools
President approves Tax Laws (Amendment) Bill 2024
Implementation of merit, justice to oppressed segments top priorities: CPO
Overseas Kashmir community delegation calls on AJK President, discusses latest s ..
Govt believes in freedom of press: Amir Muqam
Labour urges UK election after Tory losses
Health authorities asked for action against alleged illegal tenders at Services ..
Spain scraps national bullfighting prize sparking debate
More Stories From World
-
Hamas says delegation heading to Cairo for truce talks
25 minutes ago -
Biden bashes Trump, honors top US Democrats at medal ceremony
25 minutes ago -
Verstappen takes sprint pole in Miami
25 minutes ago -
US election disinformation targets non-citizen voting
26 minutes ago -
Adebayo rescues struggling Luton in draw against Everton
36 minutes ago -
Mavs top Clippers to advance in NBA playoffs, Magic stay alive against Cavs
46 minutes ago
-
Vietnam temperature records tumble as heatwave scorches
56 minutes ago -
Dams strain as water, death toll, keep rising in south Brazil
2 hours ago -
Golf: US PGA Byron Nelson tournament scores
2 hours ago -
Stocks gain while dollar retreats as US labor market cools
2 hours ago -
Football: German Bundesliga table
2 hours ago -
Verstappen takes sprint pole in Miami
3 hours ago