Phillips Auction Featuring Basquiat Painting Worth $70M to Accept Bitcoin, Et...
On May 18, the auction house Phillips will be hosting an evening sale featuring the work of the American artist Jean-Michel Basquiat. Phillips’ Evening Sale of 20th Century & Contemporary Art will auction Basquiat’s “Untitled, 1982” piece worth an estimated $70 million. According to the announcement, Phillips has revealed the auction will accept ethereum or bitcoin for the artwork. Phillips to Accept Bitcoin and Ethereum for Jean-Michel Basquiat Art Auction The renowned art collector Yusaku Maezawa and the 225-year-old auction house Phillips will be....
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The well-known Phillips Auction House has announced the company plans to accept cryptocurrency for the first time in a physical art auction set for June 7-8. Phillips will be auctioning a world-famous piece of artwork called the “Laugh Now Panel” created by the anonymous street artist Banksy. ‘Laugh Now’- Phillips to Accept Cryptocurrency at a Banksy Auction in June Whether Banksy likes it or not, his artwork has been tied to blockchain technology and sold for crypto assets in recent times. Additionally, the infamous street artist’s work was even burned after....
A leading U.S. auction house, Phillips is auctioning a Baqueirat collection in May. Accepted payment options include Bitcoin and Ether. In further signs of crypto adoption among the art world, a leading United States auction house will accept crypto as payment for a series of paintings. A Jean-Michel Basquiat collection is up for auction by Phillips, with Bitcoin (BTC) and Ethereum (ETH) listed as payment options.The showstopper 16-foot painting, Untitled, 1982, is “estimated in the region of $70 million” (roughly 1650 BTC or 25,513 ETH). It will go under the hammer in New York on May....
British auction house Christie’s will accept bitcoin and ether for a painting worth an estimated $6 million. The digital wallet used to pay for the painting must be held at one of the approved custodians, such as Coinbase, Fidelity, Gemini, or Paxos. Paying for Paintings With Bitcoin at Christie’s Christie’s, one of the largest auction houses in the world, will accept cryptocurrency for a painting by Keith Haring at its “20th/21st century” sale in London next week. Katharine Arnold, co-head of post-war and contemporary art for Christie’s in Europe, told....
A stunning recreation of Leonardo da Vinci's The Last Supper painting with a focus on bitcoin sold for big bucks on auction website eBay this weekend. Dubbed The Last Bitcoin Supper (above), the painting - which measures 140cm x 70cm - was created by French artist Youl, and has previously received a less-than-impressive reaction from the community. But now, well, fifty-eight bids brought the final price of the auction to a whopping $2,900 [see the auction here], payable in bitcoin, of course. The painting is complete with a number of interesting representations, namely in the center. What....
The famed auction house claims it will be the first to accept crypto for a real-time auction of physical art — but other auction houses are not far behind. Prestigious auction house Sotheby’s has announced it will accept Ethereum (ETH) bids in real time for its Nov. 18 auction that includes works by famed street artist Banksy.Sotheby’s claims this will be the first time an auction house has accepted crypto in real time as a standard currency for payment in an auction on a physical work of art. The auction, titled ‘The Now Evening Auction’ features Banksy’s Trolley Hunters and Love Is In....