The 279-year-old British-American auction house also recorded the highest fee for digital artwork yet in 2023.
Fine arts auction house Sotheby’s made “close to $35 million” in digital art sales this year. The numbers were provided by Michael Bouhanna, vice president of the company and its head for digital art, who called 2023 “one of the most exciting years for digital art.”
On Dec. 23, Bouhanna concluded Sotheby’s year results regarding digital art on X (former Twitter). In 2023, Sotheby’s conducted its first live digital art auction with 300 attendees and $12 million in sales. It also recorded the highest fee for digital artwork yet, selling the nonfungible token (NFT) under the title “Ringers #879,” created by digital artist Dmitri Cherniak, for $6.2 million.
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