Sotheby’s to auction off one lot of 104 CryptoPunks in its first live NFT auction
The centuries-old English art auction house Sotheby’s announced Tuesday that it will auction off 104 CryptoPunks, one of the oldest and most popular non-fungible token (NFT) collections to date.
The CryptoPunks sale will occur in New York on February 23, 2022 at 7:00 PM EST, marking the auction house’s first dedicated live evening auction for NFTs, according to Sotheby’s. Attendees will also receive a VIP Punk Dinner and live party with a DJ named SeedPhrase.
This isn’t the first time Sotheby’s sold a collection of high-profile NFTs. In September of 2021, Sotheby’s auctioned off 104 Bored Ape Yacht Club (BAYC) NFTs for $19 million — which had surpassed Sotheby’s expected sale range of $12 million to $18 million with three days to go.
According to Sotheby’s tweet, the auction will be a part of Sotheby’s Metaverse, the auction house’s dedicated NFT platform that launched in October of last year.
© 2022 The Block Crypto, Inc. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
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Author: MK Manoylov
