Sotheby’s to auction off one lot of 104 CryptoPunks in its 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. 


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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.

About Author

MK Manoylov has been a reporter for The Block since 2020 — joining just before bitcoin surpassed $20,000 for the first time. Since then, MK has written nearly 1,000 articles for the publication, covering any and all crypto news but with a penchant toward NFT, metaverse, web3 gaming, funding, crime, hack and crypto ecosystem stories. MK holds a graduate degree from New York University's Science, Health and Environmental Reporting Program (SHERP) and has also covered health topics for WebMD and Insider. You can follow MK on X @MManoylov and on LinkedIn.