Art auction house Christie’s has successfully sold a number of NFTs from top collections CryptoPunks, Bored Ape Yacht Club and Meebits for a total of $12 million.
Christie’s raises $12 million in NFT decline
NFT continues to command high prices at the world’s leading auction houses.
Christie’s, the largest auction house by sales volume, closed its “No Time Like the Present” sale on Tuesday morning with a total sale value of $12 million for NFTs in the collection. The online sale, conducted by Christie’s Hong Kong, 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 (only 88 were made) was the highlight of the sale, it did not break the record for the most expensive CryptoPunk ever sold at auction. In June, an even rarer alien punk sold for $11.75 million at rival auction house Sotheby’s.
In addition to the Zombie Punk, five other CryptoPunks, four Bored Apes and four Meebits are also up for sale. Those looking to buy NFTs can bid in Hong Kong dollars or Ether in the online auction.
Today’s NFT sale is one of several similar auctions conducted by top auction houses this year. In February, Christie’s kicked off the year by becoming the first to hold a major NFT auction of digital artist Beeple’s “Everydays. the first 5,000 days.” Since then, NFT has become a regular feature of fine art auction houses. Most recently, Sotheby’s completed an auction of 101 Bored Apes. The sale, which sold for $26.6 million, set a Sotheby’s record for an NFT sale.