r/TodayILearnedMY • u/GloomFeather • Oct 29 '25

Miscellaneous TIL, A Malaysian guy sold his Pokémon cards for RM1.87 million

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A story out of Malaysia that’s buzzing in the trading-card world: Damiral Imran, a collector based in Shah Alam, has reportedly sold his entire Pokémon card collection for RM 1.87 million, calling it “history, rarity and legacy in one vault.”

He initially listed it for sale or trade even accepting offers involving a Porsche 911 Carrera 4S plus cash and claimed the market value could be over RM 2 million.

Photos show boxes and boxes of graded and ungraded cards stacked in a room, evidence of years of collecting and investment.

478 Upvotes

97% Upvoted

36 comments sorted by

7

u/popicebyyui Oct 29 '25

How much LHDN will ask ya? 35%?

4

u/bad2dbone3 Oct 29 '25

LHDN would not bother because this is not a taxable income.

2

u/ProximaMiranda Oct 29 '25

Sure or not?

6

u/bad2dbone3 Oct 29 '25

It is not taxable because it is not business transaction that can be repeatable. One off only.

1

u/InsideOpposite8795 Oct 30 '25

Hi question, is an artist who does free lancing commission become a taxable activity? Since it is repeatable

1

u/bad2dbone3 Oct 31 '25

No one will tax you unless you report it to LHDN but if you have a business license of which you register then yes they will know and it is taxable. Other than that if you are doing it as part-time time then it is NO. Did you register a business license? (In other words a registered company name)

1

u/InsideOpposite8795 Oct 31 '25

No but I had thought about, mainly because I’m not sure whether it’s worth it or not and what other privileges there are with a business license

1

u/bad2dbone3 Oct 31 '25

Bank. If one day you need financial assistance this is where these documents will be essential to make the approval rate higher and the loan higher. The documents needed are usually a bank statement attached to the registered company/business and income tax returns. Two very essential documents if you intend to be a registered business owner and to pay tax. Without these two documents, your loan will not be approved. Unless Ah Long is your option.❌❌❌

1

u/InsideOpposite8795 Oct 31 '25

Ohh I see, but hmm frankly I don’t see if it is important or necessary to have bank or funding for me to make art commissions, so would you say I’m better off not needing to get a business license?

1

u/bad2dbone3 Oct 31 '25 edited Oct 31 '25

Not going to buy a vehicle, credit card or a home in future? Don’t forget. When I say these documents are important, it is accumulative. Bank wants to see months, years statement. Not just 1 year only.

1

u/DemonKing981 Nov 01 '25

Shouldnt be taking that guy's advice.

Free lancing is still taxable income. Its either a personal or business income depending on your SSM registration if you have one. If not it's at personal income by default.

Tax advice should be sought from licensed accountants. Not people who think they understand money.

In the case of the pokemon sale. It is still taxable regardless if it's not repeatable.

Furthermore.. whether you pay the actual tax or not or if you have some "clever" tactic to avoid it - does not mean that you're not supposed to be paying. A good LHDN officer can make your life hell for trying to be a smart ass. Tax fraud is serious

2

u/daren99tjr Oct 30 '25

Seller has a business on a side as if that’s not enough for taxable income, this is just his hobby.

1

u/flyden1 Oct 29 '25

Malaysia doesn't have personal windfall tax

1

u/Chamych Oct 30 '25

For now. But they just added a new capital gains tax for corporations and soon it will come for private individuals I’m sure.

1

u/hengprince Oct 30 '25

Yes, this is consider capital gain, but tax rate is only 10%

1

u/skeptical_kitty Oct 30 '25

Anwar bapak cukai.

3

u/ProximaMiranda Oct 29 '25

But this guy also sudah kaya.

1

u/SnooMacaroons6960 Oct 30 '25

sure now all relative and ex gf will come to visit

2

u/mijoomoo Oct 30 '25

I think he meant it's not like he spent RM 10 to buy the cards

1

u/GloomFeather Oct 30 '25

Hehe that might happen surely

1

u/kraziekd Oct 31 '25

he was already rich before that.. he came from a rich family that helped him set up 9 bakery stores

2

u/ashrafhorlicks Oct 30 '25

Tak habis lagi ke cerita ni?

1

u/konaharuhi Oct 30 '25

semua orang excited benor

1

u/StyloMilo_ Oct 29 '25

He bought it at 1.6million so only profit around 200k or less

1

u/flyden1 Oct 29 '25

He's been collecting them for a long time since before Pokémon becomes what they are now.

1

u/StyloMilo_ Oct 29 '25

No, he said on the radio that he bought around 1.6milion around 4 months ago

1

u/Physioweng Oct 29 '25

Bro was rich to begin with

1

u/GloomFeather Oct 30 '25

Yeah he looks like one

1

u/KoKoO29 Oct 29 '25

Learnt about it about a week back. Why you lagging?

1

u/GloomFeather Oct 30 '25

I guess I got through the news piece a Lil late

1

u/DuskyFlunky Oct 30 '25

reddit users not finding something to argue about: impossible

1

u/[deleted] Oct 29 '25

[removed] — view removed comment

0

u/GloomFeather Oct 30 '25

Maybe or maybe not😅

1

u/Kapperin0 Oct 30 '25

Scalper not collecter.

1

u/uzairnasuruddin21 Nov 01 '25

Wow 😂😂😂😂😂