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The largest Magic: The Gathering transaction allegedly took place for the most iconic card in the game – the Black Lotus. The Alpha version of the card sold for $3 million US Dollars, graded by CGC Cards at Pristine 10 beating the previous record held by Post Malone‘s serialized The One Ring for $2 million US dollars. We have the full scoop below!
CGC Cards Announcement
According to the CGC Cards social media accounts, a record private sale took place between Adam Cai of Pristine Collectibles and an undisclosed buyer for an Alpha Black Lotus graded by CGC Cards at Pristine 10 condition at a record-breaking $3 million US Dollars.
Usually what would go for around $50,000 to $100,000 depending on the condition of the card, Black Lotus is one of the most iconic Magic: The Gathering cards that is extremely powerful and only legal as a restricted card (1 copy allowed) in one sanctioned format: Vintage. However, players are able to experience it online via Magic Online or MTG Arena, with cards such as Oracle of the Alpha.
Who is the Buyer?
According to some people, the mysterious buyer is Benjamin Be, who has shown off their valuable (an understatement here!) card collection on Instagram:
Who is CGC Cards?
CGC Cards is one of the leading collectible grading companies. People may also be familiar with PSA or BGS, who are also the other two golden standards of the industry. This is a great marketing opportunity for them to get more people to use their services, though a lot of people are skeptical about its legitimacy.
You can check out the card certification page and the pictures of the card in more close up below.
Who Held the Previous Record?
In August 2023, Post Malone purchased the serialized The One Ring from Brook Trafton who opened the card in Face to Face Games Toronto for a then-record breaking $2 million US dollars.
Post Malone also has in possession an Alpha Black Lotus signed by Christopher Rush purchased for $800,000.
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