Christie’s Raises $12M in CryptoPunks, Bored Apes NFT Sale

Fine art auction house Christie’s has successfully sold a batch of NFTs from top collections CryptoPunks, Bored Ape Yacht Club, and Meebits for a combined total of $12 million. 

Christie’s Raises $12M in NFT Drop

NFTs are continuing to command high prices at the world’s premier auction houses. 




Christie’s, the biggest auction house by sales volume, concluded its “No Time Like Present” sale Tuesday morning, with the NFTs in the collection totaling a combined sales value of $12 million. The online sale was conducted by Christie’s Hong Kong and included several NFTs from CryptoPunks, Bored Ape Yacht Club, and Meebits. 

Of the 14 NFTs sold, a CryptoPunk took the top spot, selling for $4.3 million. While the rare zombie Punk, of which only 88 exist, was the highlight of the sale, it fell short of breaking the record for the most expensive CryptoPunk ever sold. In June, an even rarer alien Punk sold at rival auction house Sotheby’s for $11.75 million. 


Along with the zombie Punk, five other CryptoPunks, four Bored Apes, and four Meebits were also up for sale. Those looking to purchase the NFTs were able to bid with either Hong Kong dollars or Ethereum in the online auctions. 

Today’s NFT sale is one of several similar auctions conducted by top auction houses this year. In February, Christie’s kicked things off, being the first to host a major NFT sale with the digital artist Beeple’s “Everydays: The First 5,000 Days.” Since then, NFTs have become a somewhat regular feature at fine art auction houses. Most recently, Sotheby’s concluded a sale for a troupe of 101 Bored Apes. The auction closed at $26.6 million, a Sotheby’s record for an NFT sale. 

Disclaimer: At the time of writing this feature, the author owned BTC, ETH, and several other cryptocurrencies. 

The information on or accessed through this website is obtained from independent sources we believe to be accurate and reliable, but Decentral Media, Inc. makes no representation or warranty as to the timeliness, completeness, or accuracy of any information on or accessed through this website. Decentral Media, Inc. is not an investment advisor. We do not give personalized investment advice or other financial advice. The information on this website is subject to change without notice. Some or all of the information on this website may become outdated, or it may be or become incomplete or inaccurate. We may, but are not obligated to, update any outdated, incomplete, or inaccurate information.

You should never make an investment decision on an ICO, IEO, or other investment based on the information on this website, and you should never interpret or otherwise rely on any of the information on this website as investment advice. We strongly recommend that you consult a licensed investment advisor or other qualified financial professional if you are seeking investment advice on an ICO, IEO, or other investment. We do not accept compensation in any form for analyzing or reporting on any ICO, IEO, cryptocurrency, currency, tokenized sales, securities, or commodities.

See full terms and conditions.

Source: Read Full Article

click fraud detection