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!
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.
According to some people, the mysterious buyer is Benjamin Be, who has shown off their valuable (an understatement here!) card collection on Instagram:
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.
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.
When I found the One Ring, the first person who came to mind was @Post Malone. I have played MTG since I was a kid and obviously it would be amazing to keep this card. But for a guy like me, being able to sell it is life changing. I just really hoped it would go to someone who would appreciate it as much as I do. This is my dream come true, meeting Post Malone and him buying the One Ring card from me is literally a moment straight out of a fairytale. Post Malone @Magic: The Gathering you have changed my life. Things like this don’t happen to people like me, I guess it’s magic. I am forever grateful 🙏 ✨ #postmalone#onering#oneofone#mtg#magic#mint#psa#card#magicthegathering#lordoftherings#trading#tradingcards#theonering#sauron#collector#edition#one#gandalf#tradingcardgame
