One rare coin that is worth a lot is going to be auctioned off at an event.
A Tweet from Sotheby’s says that Covid Alien will be put up for auction. It will be a special auction, and will not include any other items.
The Punk was part of the “Natively Digital” event, which shows the history of NFTs. It is here that one can find the first-ever NFT, Kevin McCoy’s “Quantum.” This animation was minted in 2014 on Namecoin blockchain.
We’re excited to announce that the Alien CryptoPunk #7523 from the collection of @sillytuna will now be offered during a special, standalone live auction as part of ‘Natively Digital: A Curated NFT Sale’. Tune into the livestream on 10 June at 10:00am ET. https://t.co/fKgbRynwlx — Sotheby’s (@Sothebys) May 28, 2021
The auction is coming after a lot of high-profile art sales. Christie’s had a $17 million sale of 9 CryptoPunks. There was also the $69 million Beeple retrospective collage sale from Christie’s, which is the most expensive work ever sold by a living artist and the third most expensive work ever sold.
Sotheby’s is eager to get in on the trend of NFTs becoming an accepted form of high art. This move shows it.
The last time the alien Punk was sold in public was for 8 ETH in 2017. But it was more recently bought by someone else in an over-the-counter deal.
The most recent on-chain alien sale was CryptoPunk #3100. It sold for 4,200 ETH and that is about $10 million at today’s prices.