Incredibly rare Pokémon card auctioned for $480,000, no one bid

picture, eBay / Tomoya Ohno

old know all pokemon leaves incredibly hot right now, but no one knows exactly what they are worth to collectors. Exhibit A: Someone put a holographic Illustrator Pikachu up for auction on eBay in near-perfect condition starting bid of $480,000And it went up like a lead balloon.

A Japanese promo card released in 1998, Illustrator Pikachu is considered one of, if not the rarest, and thus most valuable, pokemon trading cards. only two dozen of them exist, and one Sold for $224,500 via Weiss Auctions back in 2019. one more Sold on eBay for $375,000 Back in 2021. Last year, Logan Paul claimed he spent over $5 million to acquire one so he could wear this to wrestlemania And broadcast to the whole world how little money matters to him.

In an era when the collectors’ market for vintage memorabilia of all kinds spiraled out of control, it seemed like the sky was the limit for Pikachu with a paint brush. Apparently the limit was actually $480,000 at the public auction. That’s how much “longtime eBay seller and passionate pokemon fan” Tomoya Ohno asked for a “PSA 8”-condition Illustrator Pikachu on that auction platform earlier this month.

Read more: Top 12 Most Valuable Pokémon Cards In History

eBay sent out press releases and everything to publicize the occasion as the company seeks to capitalize on collector speculation. many sites covered announcement of auctionWhich started on 24 February and lasted till 6 March. When all was said and done yesterday, Illustrator Pikachu received a whopping zero bids.

“ebay is working closely with the seller of this rare pokemon Illustrator card, and we can inform you that the card should be re-listed,” a spokesperson for the PR firm reprized the auction. Kotaku in an email.

As the ancient eBay saying goes, “If at first you don’t succeed, relist and try again.”

It’s hard to know how much the overall market for expensive pokemon Are the cards going cold or just a reality check on the high end of the market where interest and prices are driven only by the flush pocketbooks of a few individuals. There is still a craze for the new set among the fans.And The Pokémon Company is looking to tap into lapsed collectors’ nostalgia when it re-releases the original Holographic later this year Charizard, Blastoise and Venusaur from the base set. A shadowless version of Charizard infamously sold for $420,000 last year,

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