This year has seen a tremendous boom in demand for collectible Pokémon cards, even seeing celebrities like Logic shell out $226,000 USD on a PSA 10 Base Set 1st Edition Charizard card.
As with most things that involve a lot of money, there’s going to be a lot of people looking to make a profit. In a live stream episode of Dumb Money, host Chris Camillo was prepared to pay $375,000 USD (cash in briefcase) for an unopened box of first-edition Pokémon cards. Facilitated by Jake “JBTheCryptoKing” Greenbaum (Logan Paul’s personal Pokémon card advisor), the box was to be opened, verified as legit, and then stored away for a year where it would be later opened in Las Vegas where each of the 36 boosters would be auctioned off with proceeds going to charity.
That dream came crashing down after the box was opened and it was discovered that the boosters were not all first-edition, mismatched, and worst of all, some of the boosters were even opened. Let this be a lesson to all looking to cash in on the Pokémon card craze — buy PSA/BGS graded.
$375k FAKE #Pokemon box…
That’s why you buy PSA/BGS graded!
Are you kidding me!?!? pic.twitter.com/Ltx3OH2Pxx
— Crypto King (@JBTheCryptoKing) October 27, 2020
In the chaos of today’s epic live episode where we discovered our $375k 1st edition Pokémon box was fake, we didn’t get around to unveiling the cash briefcase. Will hold for another day. This story isn’t over yet. https://t.co/wsoRV8Snfa pic.twitter.com/1p0TVYgIJk
— Dumb Money (@DumbMoneyTV) October 27, 2020
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