The PWWC/eBay auction of a PSA 10 Gem Mint "Black Lotus" card from the Magic: The Gathering Alpha Edition finished Wednesday with a winning bid of $511,100, more than double the previous record price for a Magic card. After initial frenzied bidding pushed the price up past $700,000, some bids were disallowed due to an inability to verify the bidders (see "’Magic’ Black Lotus Bids Up Past $300K"). The corrected price then hovered a little over $300,000 for over a week before late bidding raised the price.
This puts Magic, the granddaddy of TCGs, back in the #1 slot for top TCG card values, vaulting over Pokemon, which had recent record graded card sales of $350,100 and $360,000 (see "Charizard Pulls Back, but Blastoise Hits $360,000").
The Covid era run-up in prices for high end TCG (and other) collectibles has been fast, with the excitement spilling over into recent releases, with some sealed products selling at multiples of MSRP (see "TCGplayer Top 25 Sealed TCG Products – December 2020").

Price Was Double the Previous Record
Posted by ICv2 on January 28, 2021 @ 4:07 am CT

MORE GAMES
New RPG-inspired Cookbook by Social Media Influencer Jacob Pauwels
July 11, 2025
Fox Chapel Publishing will release Roll for Sandwich: Cookbook for Gaming Enthusiasts and Adventurous Eaters , an new RPG-inspired Cookbook, into retail.
New Fishing Game by Allplay
July 11, 2025
Asmodee will release Lure , a new fishing game by Allplay, into retail.
MORE NEWS
New Booster Set Brings Back Mega Evolution Pokemon
July 11, 2025
The Pokemon Company International announced Mega Evolution , a new Pokemon TCG set.
Tina McIntyre to Head; Also Changes at Production Company
July 11, 2025
WEBTOON Entertainment has announced the formation of a Consumer Goods Division, with Tina McIntyre to head, along with changes at its production company.