Sotheby's latest Grails auction has seen impressive results with various artworks surpassing their high estimates. Notable sales include 'Sakura Diner' by @seerlight for 45,600 USD, 'K-Meanearest Neighbors' by @dmitri and @NeuralBricolage for 42,000 USD, and 'BAYC #8552' by @yugalabs for 264,000 USD, almost 2X its high estimate. The auction also featured other successful sales such as 'All 10 Breathing Memento's' Rare Pepes for 60,000 USD, 'Mutant Ape Yacht Club #27105' by @yugalabs for 28,800 USD, and 'Gold Ape' which sold for 78E. Despite these achievements, the auction still questions the status of NFTs in the market.
#AuctionUpdate: ‘001 - Moses Pepe’ by @Matt_Furie sells for 24,000 USD. https://t.co/3fl9REbK9u
#AuctionUpdate: ‘016 - Morph Pepe’ by @Matt_Furie sells for 20,400 USD. https://t.co/VveIAfEOhY
#AuctionUpdate: ‘Peg 090’ by @Matt_Furie sells for 19,200 USD. https://t.co/RYblLrOvxU
Gold Ape just sold for 78E at Sotheby's auction Thought this would clear at least 100E+ https://t.co/g3V9hKDArP
#AuctionUpdate: ‘"All 10 Breathing Memento's" Rare Pepes’ sells for an astonishing 60,000 USD which is 10X the high estimate! https://t.co/lo4FXXCt5c
BIDDING CLOSED: Bored Ape No. 8552 brought in more than 2x the estimated lot price at Sotheby's, ending at $264,000. https://t.co/7oHmMXW8zN
#AuctionUpdate: ‘Mutant Ape Yacht Club #27105’ by @yugalabs sells for 28,800 USD, nearly 6X the high estimate. https://t.co/nsnl7qqsIv
#AuctionUpdate: ‘Digital Ascension’ by @Mad_Dog_Jones sells for 22,800 USD. https://t.co/2XJMQkFmsT
#AuctionUpdate: @yugalabs' ‘BAYC #8552’ has achieved 264,000 USD, almost 2X its high estimate. https://t.co/k09qsl6qVB
#AuctionUpdate: @seerlight's ‘Sakura Diner’ has achieved 45,600 USD, over 3X its high estimate. https://t.co/NnN5Z57W1r
#AuctionUpdate: @thisjackkaido's ‘#80 — PARTIAL 1A’ has achieved 38,400 USD, over 6X its high estimate. https://t.co/imE4EEPGML
#AuctionUpdate: @dmitricherniak's ‘Uniqueness is in the eye of the beholder’ has achieved 19,200 USD, over 2X its high estimate. https://t.co/jFKfFgbGyR
#AuctionUpdate: ‘K-Meanearest Neighbors’ by @dmitri and @NeuralBricolage sells for 42,000 USD. https://t.co/ENUQZoSYqM
Sotheby’s latest Grails auction begins closing today at 2pm ET. The auction includes everything from monumental generative works by @mattkaneartist to a gold ape from @yugalabs All 42 lots have had their reserves met with over 900 total bids, but NFTs are still dead, right? https://t.co/gq8by9KTSK