Trading cards
375.000 dollars for pokemon cards: Live-Deal ends in disaster
During the Corona of a pandemic, the already expensive collector’s cards continued to increase in value.
© Brendan Smialowski / AFP
It should be the big business: the equivalent of 321.000 Euro to pay an American contractor for a box of rare monsters trading cards. How the Deal ended in a nasty Surprise, could viewers see live on Youtube.
The American entrepreneur Chris Camillo wanted to acquire for $ 370,000 rare Pokémon trading cards – and the business live on Youtube transfer. The Inspect of the 20-year-old collector pieces but turned out to be a disaster: The contents of the box was a fake. The British “Guardian”reported.
A reputable investment
That Fans spend on trading cards Japanese pocket monster sometimes vast sums is nothing New. However, the amount of the equivalent of 321.000 Euro, the entrepreneur Camillo for the cards of the first pokemon Generation on the table wanted to place, was record-breaking. The Investor and presenter of the Youtube channel “Dumb Money” have to sell the contents of the sealed box in the coming year, and the proceeds to a charitable organization want to donate.
Camillo is not the first, keeps the cards for a priceless treasure: Also prominent as Social Media Star Logan Paul and Rapper Logic used for the collector’s items neatly in your bags. Logic had spent the beginning of the month almost 194.000 euros for a single first edition “charizard”card. According to “the Guardian” has Camillo is watching the market for trading cards in the last year in detail. He was convinced that the appetite for the nostalgic collector’s items could be not only a short-term Hype, but a serious investment.
“This is a big fucking Problem”
The seller is an entrepreneur Jake Greenbaum, considered Logan Paul’s “personal Pokémon-adviser”, had bought the box with 36 unopened Booster packs by an unknown third party. In Dallas, you wanted to sell a total of 396 cards in the first edition finally live in Camillo more. Greenbaum and his partners had asked to be paid in cash, said Camillo. Therefore, a silver briefcase full of hundred-dollar bills during the Transmission on the table.
As Camillo, the plastic wrap removed and the Box opened, seemed to be all right. However, it took not long until the men find that the individual packet of colored and partially even already opened were different – in other words, The cards were worthless. “This is a Problem,” said Greenbaum, before he continues with the original seller by phone to request a refund. “Yeah, no, that’s a big fucking Problem.”
Corona is fueling the collective Hype
According to the Guardian, a collection of experts see in the incident a proof of the risks with the dizzying increase in the price of Pokémon cards are connected. However, such Deals would be seen as a potentially lucrative opportunities Because there are only 40 to 70 of such boxes is estimated to be in circulation.
The trading cards that enable Millennials around the world back to your Childhood, play, in addition to the well-known video, animated films and series, as well as many other memorabilia, only one leg of the 25-year-old Pokémon Empire. The monster cards have increased since years, in value. During the Corona-pandemic prices have reached new dimensions, said Sasha Tamaddon, investment advisors for group products, compared to the “Guardian”. “Since the Lockdown of the Hype and the Boom are just crazy. The growth is exponential,” said Barney Ludkins, the owner of a company that helps collectors to certify the quality of their cards. Boxes that had been sold five years ago for about 6,000 pounds, would now make a six-figure price, he said.
The Fake is a Fake?
The “Guardian” ‘ve talked briefly after the end of the Live broadcast with Camillo: There have been extreme precautions, but he was “still in shock”. The money is Camillo and I have yet. Many viewers suspect that the whole Deal was a Fake and pointed out that the exorbitant cash sum, was never really shown in front of the camera. Both parties fought back against the allegations: “I guess in the Youtube world anything is possible, but I have footage of me as I go to the Bank and get the money out,” said Camillo, who later published a photo of the money case on Twitter.
Sources: The Guardian, GamesRadar+
