18 Jan 2021 2:56 PM +00:00 UTC

Signed PSA 10 Magic: The Gathering Alpha Black Lotus Card is Bidding For Over $700,000 on eBay

While Wizards of the Coast is preparing to launch the new Viking-inspired Magic: The Gathering set Kaldheim, eBay is bringing back one of the most iconic cards in trading card game history as part of its record-breaking auction.

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Credit: Wizards of the Coast

The new auction by PWCC Marketplace is set to crush the ultra-rare PSA 10 Alpha Set Black Lotus card that sold last year for $250,000 USD. PWCC's latest auction is selling a Gem Mint PSA (Professional Sports Authenticator) 10 MTG Alpha Black Lotus card signed by artist Christopher Rush.

With only 9 days left before the auction ends, the extremely rare Magic card is currently bidding for $700,300 USD, which is already $450,000 more than last year's record-breaking sale.

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Credit: eBay

According to eBay, there is a Magic card sold every 10 seconds on the marketplace, and it is ranked as the most popular game sol on eBay.

PWCC released a YouTube video about the PSA 10 Black Lotus. "It's a very special investment," PWCC said in the video "I encourage investors to take a closer look. This is the kind of card that diversifies a portfolio in ways that's hard to duplicate."

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You can read the full description of the item below:

Few cards in our market draw as much attention as the coveted Black Lotus. Even to sports card enthusiasts, certain cards rise from the non-sport/gaming card realm to emerge as world class investment pieces. Offered here is the holy-grail of Magic MTG cards, holding a certain lure and desirability that is completely unmatched. Printed as one of the Power Nine only in Alpha, Beta and Unlimited, this artifact can provide a free mana boost for any deck. It is restricted in vintage formats and banned in Legacy. Designed and illustrated by beloved artist Christopher Rush, the Black Lotus has since become the most valuable and important non-promotional MTG card ever printed, as well as becoming the poster child for the MTG brand. In fact, former professional player Zvi Mowshowitz has declared the Black Lotus as the best artifact of all-time. Offered here is by all counts the single finest Alpha Black Lotus we've had the pleasure of brokering and presents a unique opportunity for investors/hobbyists to obtain a museum worthy creation of one of the single finest blue-chips ever produced. Held within an exceptionally tough, low pop PSA 10 holder, boasting an overall cleanliness that is just not seen. The fragile black periphery is free of common chipping or wear with four untouched corners and undeniably GEM MINT card stock. The card is brilliantly aligned from all sides with some of the cleanest surfaces we've seen. Free of indentations or imperfections with elegant color and precise registration. What further excites this offering is that this irreplaceable piece is coupled with an on-case autograph from artist Christopher Rush; an unparalleled pairing which easily places this a true masterpiece example. All told, we love this card, not just for what it is but for what it represents. A museum worthy, fine-art equivalent, worthy of serious consideration from the most serious alternative investment class. Comes with PWCC's highest recommendation. Good luck to all bidders. Please see the video highlight for more details. Part of a remarkable run of Magic The Gathering examples on the market this month. Released in 1993 by Wizards of the Coast, Magic The Gathering was established as the first trading card game in the market and quickly became one of the most populate alternate worlds. Since its release, there have been an estimated 40 million players with more and more joining the MTG community each day as it gains popularity. An exciting investment offering which comes highly recommended by PWCC. Enjoy. One of over 22,000 cards, lots and sets up for bid in our 1st Auction of 2021.

Related: Kaldheim Spoilers Reveal New MTG Board Wipe Card With Foretell

How much do you think this signed Black Lotus will sell for? Let us know in the comments below.