NEW YORK — A rare Pokémon trading card owned by Internet star and wrestler Logan Paul sold at a record-setting auction for $16.5 million — the highest price ever paid for a trading card at auction.

An ultra-rare Pokemon card that cost $2.70 in 1999 is expected to sell for a whopping $54k at auction. The 1st edition Shadowless Base Set Charizard card is known as the “holy grail” to collectors and ...