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JPG File Sells for $69 Million, as โNFT Maniaโ Gathers Pace
By Scott Reyburn
Published March 11, 2021
Updated March 13, 2021, 6:48 a.m. ET
After a flurry of more than 180 bids in the final hour, a JPG file made by Mike Winkelmann, the digital artist known as Beeple, was sold on Thursday by Christieโs in an online auction for $69.3 million with fees. The price was a new high for an artwork that exists only digitally, beating auction records for physical paintings by museum-valorized greats like J.M.W. Turner, Georges Seurat and Francisco Goya. Bidding at the two-week Beeple sale, consisting of just one lot, began at $100.
https://www.nytimes.com/2021/03/11/arts/design/nft-auction-christies-beeple.html