Beeple sells his NFT for $ 69 million – a landmark auction that places him among the top three most successful living artists
Digital art is among the most valued works of art. Mike Winkelmann, better known as Beeple, has sold his NFT for 69 million dollars in the prestigious auction house Christie’s. In recent weeks, the sale of digital content through these (Non Fungible Tokens) has experienced enormous growth, but very far from the figures reached by “Everydays – The First 5000 Days”.
The purely digital work went on sale on February 25 and has finally been sold today for an amount that places it not only as the most expensive digital work of all timebut as the third most expensive artwork ever auctioned at Christie’s by an artist who is still alive.
Beeple at the height of the Picasso and the great historical auctions of the art world
In 2019, Jeff Koons was selling Rabbit for $ 91 million. A small metal figure that placed the North American artist as the living creator with the most sought-after work of art. Many years earlier, in 1972, David Hockney created his ‘Portrait of an Artist’ (Pool with Two Figures), which in 2018 was auctioned for $ 90.3 million. These are the two living artists who have managed to sell their work for the highest price. A sculpture and a painting.
The third? Beeple’s digital creation. A work of 21,069 x 21,069 pixels that gathers hundreds of images. As the author describes, “Everydays – The First 5000 Days“is a work where” the individual pieces are organized in an imprecise chronological order: when the images are brought closer, abstract, fantastic, grotesque or absurd images, deeply personal or representative of the present, are revealed. Recurring themes include society’s obsession and fear of technology; the desire and resentment of wealth; and the recent political turbulence in the United States. ”
— beeple (@beeple) March 11, 2021
Last February it was put up for auction with a starting price of $ 100. During this morning, its price had already risen to 14 million dollars. But it was not until the last minute that the auction reached the record high of $ 69,346,250.
It is not the first work that Beeple has sold through NFTs. Last December, he sold a series of works worth a total of $ 3.5 million. In February, a 10-second video sold for $ 6.6 million. However, the work auctioned at Christie’s has broken all records, with a sale that rivals other physical works of art in price.
The 255-year-old auction house has sold historic works of art, from Shakespeare’s portrait to Leonardo da Vinci’s latest painting. For example, Picasso’s ‘The Dream’ sold for $ 155 million. In the case of Van Gogh, the oil on canvas of ‘The Lilies’ sold for 49 million dollars, although its value is estimated at about 80 million. As we can see, Beeple’s digital work has slipped into this category reserved for only a few artists. NFT technology has been one of the differentiating points of this auction. Christie’s has not only managed the sale, it has also helped to value the NFTs.
Anyone who wants to see the work in detail can do so freely through the auction house website. The main difference is that the person who has paid those $ 69 million has the NFT that proves that digital content is the “truly authentic” and recognized by the creator.