Building on the success of Sotheby’s inaugural series of NFT sales in 2021, which to date have achieved $100 million since launching less than a year ago, Sotheby’s announces the first dedicated live evening auction for NFTs, Punk It!, a single-lot sale of 104 CryptoPunks on 23 February. Carrying the landmark estimate of $20/30 million, the sale marks the highest valued estimate for an NFT or digital art ever offered at auction, and follows Sotheby’s record-breaking sale of CryptoPunk #7523 for $11.8 million in June 2021. The live evening auction will also bring together the physical and digital in an unprecedented showcase for NFTs and digital art with a presentation on par with the most significant and high-profile sales for Contemporary and Modern art.
