Sotheby’s to auction off one lot of 104 CryptoPunks in first live NFT auction

The centuries-old English art auction house Sotheby’s announced Tuesday that it will auction off 104 CryptoPunks, one of the oldest and most popular non-fungible token (NFT) collections to date. 

The CryptoPunks sale will occur in New York on February 23, 2022 at 7:00 PM EST, marking the auction house’s first dedicated live evening auction for NFTs, according to Sotheby’s. Attendees will also receive a VIP Punk Dinner and live party with a DJ named SeedPhrase. 

This isn’t the first time Sotheby’s sold a collection of high-profile NFTs. In September of 2021, Sotheby’s auctioned off 104 Bored Ape Yacht Club (BAYC) NFTs for $19 million — which had surpassed Sotheby’s expected sale range of $12 million to $18 million with three days to go. 

According to Sotheby’s tweet, the auction will be a part of Sotheby’s Metaverse, the auction house’s dedicated NFT platform that launched in October of last year.