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After Beeple, CryptoPunks Are Coming to Christie’s

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Source: Crypto Briefing

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.

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 in January for a price of $761,888.

Disclaimer: The author held ETH at the time of writing.

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Author: Nathan van der Heyden