Collection of Bored Ape NFTs break Sotheby's estimates — with 3 days to go

Quick Take

  • The collection of NFTs has a current bid of $19 million — already higher than the auction house’s expectations.

A set of 101 NFTs from the Bored Ape Yacht Club collection has surpassed the expectations of auction house Sotheby's, well ahead of the auction's closing time.

The collection of dour-faced apes — featuring laser eyes, trippy fur and diamond teeth — has a current bid of $19 million. This is higher than the $12 million to $18 million range that the auction house set ahead of the sale.

Yet the auction still has three days to go, with a closing date of September 9 at 2.01 PM UTC.

Currently the floor price of a bored ape on the open market is 40 ETH ($160,000), giving a general collection of 101 apes a lower bound of $16.16 million. But this collection includes a number of rare apes, potentially making it more valuable.

These include three apes with "solid gold" fur and four with "trippy" fur. It also includes four apes who are unshaven and have bored expressions, dangling pizza out of their mouths — a surprisingly rare trait.

THE SCOOP

Keep up with the latest news, trends, charts and views on crypto and DeFi with a new biweekly newsletter from The Block's Frank Chaparro

By signing-up you agree to our Terms of Service and Privacy Policy
By signing-up you agree to our