PSA 10 GEM MINT BLACK LOTUS FROM ‘MAGIC: THE GATHERING ALPHA EDITION’ BIDS UP PAST $700,000!

A PSA 10 Gem Mint Black Lotus, from Magic: The Gathering’s Alpha Edition, has been bid up past $700,000 on an eBay auction run by PWCC.
An auction for a coveted Alpha Edition Black Lotus is looking like it will finally give the recent gem mint Charizard auctions a run for their money as far as highest price realized for a CCG card (see “Record-Setting Sales Number for ‘Pokemon TCG 1st Edition’ Sealed Product “). This PSA 10 Gem Mint Black Lotus features an on-case autograph of artist Christopher Rush, who created the artwork for this iconic card (see “RIP Christopher Rush“). It is one of seven PSA 10 Gem Mint Alpha Black Lotus cards in existence, and as of the publication of this article, the high bidder sits at $702,500 (Update 1.19.2021: Due to special bidding rules that disqualify unapproved bidders, bids have been retracted down to $310,500).

High-grade Alpha Edition Black Lotus cards have periodically come up for auction, but haven’t realized anywhere near the current high bid. In 2019, a PSA 9.5 Alpha Black Lotus went for $160,000 (see “Rare ‘M:TG’ Alpha Black Lotus Nearly Doubles Price of Last eBay Auction “), and in 2020, Daniel Chang of Vintage Magic LLC sold another PSA Gem Mint 10 Alpha Black Lotus for $250,000.

Source: https://icv2.com/articles/news/view/47366/psa-10-gem-mint-black-lotus-from-magic-the-gathering-alpha-edition-bids-up-past-700-000