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 before the gavel fell.

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").