Sotheby’s Solo Auction Will Feature $10 Million CryptoPunk NFT

An ultra-rare (and extremely valuable) CryptoPunk is set for a solo auction at Sotheby's. One ultra-rare CryptoPunk is set for some extra stage time at a hotly anticipated upcoming auction. In a Tweet today, luxury auction house Sotheby’s announced that the sale of CryptoPunk #7530, also known as “Covid Alien”, will be offered during a “special, standalone” auction. The Punk was previously announced as part of the “Natively Digital” event, which highlights the history of NFTs and cryptoart with a selection of pieces that include what many consider to be the first-ever NFT, Kevin McCoy’s....

A Cryptopunk NFT was recently sold for $11.8 million during an auction organized by Sotheby’s. The sale, which also featured works of other artists, was organized virtually. Sotheby’s anticipates strong demand for this kind of digital good in the future, even as NFT fever has somewhat subsided in recent weeks. Cryptopunk NFT Sold for Almost $12 Million Sotheby’s, a leading art and luxury auction house, announced yesterday the sale of a Cryptopunk NFT for almost $12 million. The auction, titled “Natively Digital,” presented a group of curated works in the form....

“NFTs are dead,” said the previous owner of the COVID Alien artwork once the auction closed. Luxury auction house Sotheby’s made waves on social media on Thursday following the sale of one rare CryptoPunk.In a tweet from Sotheby’s, the auction said CryptoPunk #7523 — also known as “COVID Alien” — sold in its London salesroom for roughly $11.8 million. According to the auction house, this sale represents a new world record for a single CryptoPunk artwork.CryptoPunks, which predate the bulk of the nonfungible token (NFT) craze in 2021, are often small, pixelated depictions of people, apes,....

z“Nvm, decided to hodl.” Sotheby’s cancelled a much-anticipated auction for a collection of 104 CryptoPunk NFTs when the vendor backed out at the last minute. Collector Pulls Out On Wednesday, the auction, which was first publicized on February 8, was predicted to bring in a stunning $30 million. It was billed as “the highest-profile NFT […]

Sotheby’s originally estimated Banksy’s “Love is in the Air” to sell for up to $5 million. Major auction house Sotheby’s has completed its cryptocurrency-enabled auction offering Banksy’s iconic protest artwork “Love is in the Air.”According to the auction results, Sotheby’s sold the physical artwork on Wednesday for $12.9 million, significantly up from from originally estimated of $3 million to $5 million. The physical artwork was offered at a Contemporary Art Evening Auction that also featured “Versus Medici” by Jean-Michel Basquiat selling for nearly $51 million.Sotheby’s announced on....