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“#’CryptoPunk’ NFT sells for $11.8 million at Sotheby’s” Who says the NFT bubble has popped? A non-fungible token (NFT) of a digital artwork called a CryptoPunk defied expectations and just sold for $11.8 million at Sotheby’s on Thursday. “CryptoPunks are a set of 10,000 pixel-art characters made by Larva Labs in 2017” and the mega…
“#NFT bubble popping, with sales reportedly dropping 90 percent” The NFT craze appears to be fading fast, with sales collapsing by nearly 90 percent over the past month, according to new data. The market for so-called “non-fungible tokens” — one-of-a-kind, verifiable digital assets that grabbed headlines when Sotheby’s sold an NFT by the artist Beeple…
“#Sotheby’s to auction world’s first known NFT” Sotheby’s will auction off the world’s first known NFT this week — and is pulling out all the stops as it attempts to give historical weight to the red-hot digital art craze. Kevin McCoy’s “Quantum” — a simple red, blue and pink image which was created in May…
“#Sotheby’s to accept bitcoin, Ethereum in Banksy auction” Sotheby’s is jumping in on the crypto craze. The 277-year-old luxury auction house said it will accept bitcoin and ether, the digital token of the Ethereum blockchain, for payment in its auction next week of Banksy’s “Love is in The Air” masterpiece. Sotheby’s said in a statement…
“#First Yeezy sneakers ever worn by Kanye West sell for record $1.8M” You may be hot to trot, but do your kicks have a high price to match? The first Yeezy sneakers that Kanye West wore have traded hands, and feet, for a whopping $1.8 million in a Sotheby’s private sale, reports CNN. That makes…
“#Previously hidden Van Gogh painting sells for $15 million” It’s Van Gogh-ing … going … gone! For a cool $15.4 million, a newly unearthed Vincent Van Gogh masterpiece that was kept hidden by a French family for more than 100 years now has a new home. The pricey painting, titled “A Street Scene in Montmartre,”…
“#New York City Ballet brings holiday magic with ‘Nutcracker’” Joy to the twirl! If the coronavirus has wreaked havoc on your holidays, fear not — here’s a beloved Christmastime tradition you can enjoy from the comfort of your couch. A New York City Ballet soloist has teamed up with Sotheby’s to produce a dazzling short…
“#Sotheby’s helped art collector avoid sales tax on $27M in art: suit” Sotheby’s allowed a wealthy art collector to avoid paying sales tax on $27 million worth of artwork, a new lawsuit by the New York Attorney General alleges. “Millionaires and billionaires cannot be allowed to evade taxes while every day Americans pay their fair…
“#Notorious B.I.G.’s $6 crown sells for $594,750 in Sotheby’s auction” At Sotheby’s, the crown is king. The plastic topper worn by Christopher “Notorious B.I.G.” Wallace in his last photo shoot sold for $594,750 (including Sotheby’s “buyer’s premium” fees and taxes) during an auction Tuesday night — despite its original $6 price tag. At the auction…