Christie's Has Sold $150 Million USD Worth of NFTs in 2021

Including a lot of nine CryptoPunks that totaled $16.9 million USD.

NFT
8,337 Hypes 3 Comments

Christie’s has officially revealed that it has raked in nearly $150 million USD in revenue purely from NFT sales this year.

The auction house recently took to Twitter to announce that 2021 marked the highest total revenue for Christie’s in the past five years. The total global sales for 2021 hit $7.1 billion USD. In terms of private sales, 2021 saw a record year for Christie’s with $1.7 billion USD with four works of art sold for over $50 million USD leading private sales to increase by 108% from 2019. Christie’s saw two of their most valuable works sell for upwards of $90 million USD each. Basquiat‘s In This Case sold for $93.1 million USD while Picasso‘s Femme assise près d’une fenêtre sold for $103.4 million USD.

In terms of NFTs, Christie’s noted that it was the first to launch the new market “on the global auction stage” and since then, has led the NFT market with a historical sale of Beeple’s EVERYDAYS for $69 million USD as well as HUMAN ONE for $29 million USD in November. While Beeple has been considered the most valuable NFT artist to be represented by the auction house, Christie’s has also had several successes with various other NFT artists. Earlier this year, Christie’s sold a lot of nine CryptoPunks for $16,962,500 USD.

While the total NFT market has an estimated value of $12 billion USD in 2021, Christie’s nearly $150 million USD worth of NFT sales helps to cement traditional art houses in the new digital world.

In other NFT news, Tom Brady’s Autograph platform and Billboard have dropped The Weeknd “Blinding Lights” NFT.

Read Full Article

What to Read Next

Largest Diamond in Auction History Slated To Fetch Upwards of $30 Million USD at Christie's
Design

Largest Diamond in Auction History Slated To Fetch Upwards of $30 Million USD at Christie's

Hitting the auction block this Spring.

Twitter To Pay $150 Million USD in Fines Over Improper Use of User Data
Tech

Twitter To Pay $150 Million USD in Fines Over Improper Use of User Data

After the Justice Department filed a complaint on behalf of the Federal Trade Commission.

Andy Warhol's Marilyn Monroe Painting Sold for Record-Breaking $195 Million USD
Art

Andy Warhol's Marilyn Monroe Painting Sold for Record-Breaking $195 Million USD

The most expensive piece of 20th century art ever sold.


$3 Million USD 1986 Michael Jordan Fleer Rookie Card Leads Christie's 'Six Rings – Legacy of the GOAT' Auction
Footwear

$3 Million USD 1986 Michael Jordan Fleer Rookie Card Leads Christie's 'Six Rings – Legacy of the GOAT' Auction

Along with five career-defining sneakers.

'My Hero Academia' Creator Says Manga Will End Soon
Entertainment

'My Hero Academia' Creator Says Manga Will End Soon

Revealed at this year’s Jump Festa event.

Mac DeMarco Delivers Somber Cover of “I’ll Be Home for Christmas”
Music

Mac DeMarco Delivers Somber Cover of “I’ll Be Home for Christmas”

Released with a visual that sees a walking Christmas tree find its home.

Keanu Reeves Confirms He Has Met With Marvel Boss Kevin Feige
Entertainment

Keanu Reeves Confirms He Has Met With Marvel Boss Kevin Feige

Potentially joining his ‘Matrix’ co-star Carrie-Anne Moss in yet another franchise.

HYPEBAE and P.F. Candle Co. Come Together for an Exclusive Scent Bundle
Design

HYPEBAE and P.F. Candle Co. Come Together for an Exclusive Scent Bundle

Freshen up your home with “Teakwood & Tobacco.”

Leaked Images of New adidas YEEZY FOAM RNNR Surface
Footwear

Leaked Images of New adidas YEEZY FOAM RNNR Surface

Another futuristic footwear take.


Feng Chen Wang Drops Black 3-in-1 UGG Sandal With Metal Buckles
Footwear

Feng Chen Wang Drops Black 3-in-1 UGG Sandal With Metal Buckles

Wear them as snow boots, indoors boot liner or summer sandals.

Hit-Boy Speaks on Kanye West's 'Drink Champs' Comments About Big Sean
Music

Hit-Boy Speaks on Kanye West's 'Drink Champs' Comments About Big Sean

Revealing that they were together just days before the episode aired.

Nissin Transforms Cup Noodle Package Into an Interactive Artwork
Food & Beverage

Nissin Transforms Cup Noodle Package Into an Interactive Artwork

‘The Milkmaid’ becomes the ‘The Yakisobamaid.’

Vintage Styling Dominates the Nike Dunk High "Re-Raw"
Footwear

Vintage Styling Dominates the Nike Dunk High "Re-Raw"

Expected to arrive next year.

FACETASM’s New Faux Fur Capsule Drops Just in Time for Cozy Season
Fashion

FACETASM’s New Faux Fur Capsule Drops Just in Time for Cozy Season

The collection features hoodies, sweats and a faux leopard coat.

More ▾
 
Subscribe to our Newsletter

Gain access to exclusive interviews with industry creatives, think pieces, trend forecasts, guides and more.

By subscribing, you agree to our Terms of Use and Privacy Policy.

Looks like you’re using an ad-blocker

We charge advertisers instead of our readers. Support us by whitelisting our site.

Whitelist Us

How to Whitelist Us

screenshot
  1. Click the AdBlock icon in the browser extension area in the upper right-hand corner.
  2. Under “Pause on this site” click “Always”.
  3. Refresh the page or click the button below to continue.
screenshot
  1. Click the AdBlock Plus icon in the browser extension area in the upper right-hand corner.
  2. Block ads on – This website” switch off the toggle to turn it from blue to gray.
  3. Refresh the page or click the button below to continue.
screenshot
  1. Click the AdBlocker Ultimate icon in the browser extension area in the upper right-hand corner.
  2. Switch off the toggle to turn it from “Enabled on this site” to “Disabled on this site”.
  3. Refresh the page or click the button below to continue.
screenshot
  1. Click the Ghostery icon in the browser extension area in the upper right-hand corner.
  2. Click on the “Ad-Blocking” button at the bottom. It will turn gray and the text above will go from “ON” to “OFF”.
  3. Refresh the page or click the button below to continue.
screenshot
  1. Click the UBlock Origin icon in the browser extension area in the upper right-hand corner.
  2. Click on the large blue power icon at the top.
  3. When it turns gray, click the refresh icon that has appeared next to it or click the button below to continue.
screenshot
  1. Click the icon of the ad-blocker extension installed on your browser.You’ll usually find this icon in the upper right-hand corner of your screen. You may have more than one ad-blocker installed.
  2. Follow the instructions for disabling the ad blocker on the site you’re viewing.You may have to select a menu option or click a button.
  3. Refresh the page or click the button below to continue.