Would you pay $54,970 for a Pokemon card? Well, someone has.

Heritage Auctions revealed on Monday that a "Pikachu Illustrator" trading card sold for this whopping amount at auction last week. The card was expected to fetch about $50,000.

The card has been dubbed "the world's most valuable Pokemon card" because of its rarity.

"The Pikachu Illustrator Card was given in January of 1998 to winners of the CoroCoro Comic Illustration Contest," Barry Sandoval, director of operations for comics at Heritage Auctions, said in a statement. "Only 20 to 39 copies of this card were released, 10 of which are graded in top condition and it is unknown how many still remain with the public."



The card was brought to auction after the whirlwind success of the Pokemon Go app, which attracted more than 20 million active users. The app helped boost Pokemon card values, according to Heritage Auctions.

Sandoval noted that a Pikachu Illustrator card was previously sold in 2000 for $23,000.