After Beeple, CryptoPunks Are Coming to Christie's
The nine NFTs represent some of the most valuable art on the blockchain.
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After selling Beeple’s “Everydays: The First 5,000 Days” for $69 million, popular auction house, Christie’s will now sell nine rare CryptoPunks in May.
Christie’s Continues NFT Mania
One of the world’s most respected auction houses continues its foray into crypto art.
After making Beeple’s artwork the third most expensive piece of art ever sold by a living artist, Christie’s is now turning its sight on some of the earliest art projects on the Ethereum blockchain: CryptoPunks.
9 rare CryptoPunks from @LarvaLabs own collection to star in our 21st Century Evening Sale this May in NY.
All mint numbers under 1k and yes there is a rare Alien! Punks 2, 532, 58, 30, 635, 602, 768, 603, 757 #CryptoPunks
— Christie's (@ChristiesInc) April 8, 2021
These nine CryptoPunks were all amongst the first 1,000 minted and belong to the private collection of CryptoPunks creators Larva Labs. During the “21st Century Evening Sale” planned in Christie’s New York headquarters, art collectors will be able to buy any of these CryptoPunks.
While these are not expected to fetch a price similar to Beeple’s artwork, the current market for CryptoPunks is extremely lucrative. In February, an anonymous buyer spent close to $1 million acquiring 19 CryptoPunks in the span of a few hours.
The most expensive CryptoPunk, though, was bought on March 11th for a price of $7.57 million. The CryptoPunk in question was one of the rare 9 alien punks. Christie’s will sell one of the other alien CryptoPunk in its sale.
Disclaimer: The author held ETH at the time of writing.