Rare CryptoPunk NFTs Fetch Almost $17M at Christie's Auction

All nine CryptoPunks are among the first 1,000 NFT minted in the early days of creator Larva Labs.

AccessTimeIconMay 12, 2021 at 8:23 a.m. UTC
Updated May 9, 2023 at 3:19 a.m. UTC
10 Years of Decentralizing the Future
May 29-31, 2024 - Austin, TexasThe biggest and most established global hub for everything crypto, blockchain and Web3.Register Now

Nine rare non-fungible token (NFT) digital collectibles known as CryptoPunks have sold for almost $17 million at physical auction house Christie’s, according to a Twitter announcement on Wednesday.

  • All nine CryptoPunks are among the first 1,000 minted in the early days of creator Larva Labs and fetched a total of $16,962,500.
  • The NFTs, taken from Larva Labs' own collection, were part of the "21st Century Evening Sale" at Christie's, the 255-year-old, U.K.-based auction house.
  • What South Korea's Latest Election Means for Crypto Adoption in the Country
    00:38
    What South Korea's Latest Election Means for Crypto Adoption in the Country
  • Hong Kong Approving an Ether ETF Could Be a 'Surprise,' Analyst Says
    00:52
    Hong Kong Approving an Ether ETF Could Be a 'Surprise,' Analyst Says
  • What South Korea's Elections Mean for Crypto; The Potential for Spot BTC and ETH ETFs in Hong Kong
    19:02
    What South Korea's Elections Mean for Crypto; The Potential for Spot BTC and ETH ETFs in Hong Kong
  • Would You Get Paid in Crypto?
    00:57
    Would You Get Paid in Crypto?
    • NFTs are blockchain-based tokens incorporating various attributes representing artwork or assets in the digital domain and can be used to verify proof of ownership.
    • In March, Christie's sold an NFT representing digital artist Beeple's work for a record $69 million.
    • The CryptoPunks sale highlights the continuing demand for digital art validated by blockchain technology.
    • On Wednesday, eCommerce company eBay announced it would allow the sale of NFTs on its platform including trading cards, images and video clips.

    Disclosure

    Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.

    CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as an independent subsidiary with an editorial committee to protect journalistic independence. CoinDesk employees, including journalists, may receive options in the Bullish group as part of their compensation.


    Learn more about Consensus 2024, CoinDesk's longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. Head to consensus.coindesk.com to register and buy your pass now.