Ada Cyborg Leads Sotheby's, Online $204,000 'Digital Art Day Auction'

A work by Ada Cyborg was the headline sale at Sotheby's, Online 'Digital Art Day Auction' on February 19.

• The sale totaled $204,100, falling short of its pre-sale low estimate.

Snapshot of the sale

• 12 works sold totaling $204,100.
• Estimates totaled: $844,500 (low) and $1.26m (high), excluding premiums.
• The sell-through rate was 67% of the original 18 lots announced.

The star lot was: Ada Cyborg, True Random Universe (2020), which sold for $101,600, 408% above its $20,000 low estimate.

The outperformer sold for 662% above its low estimate. Gremplin, CrypToadz #54 (2021), sold for $3,810 ($500 low estimate).

• 4 works, or 33%, sold above their high estimate.
• 4 works, or 33%, sold within their low and high estimate.
• 4 works, or 33%, sold below their low estimate.
• 0 sold with undisclosed estimates.

Guaranteed sales

No sales had a guarantee.

Works that did not sell

6 works were bought-in, including: Shroomtoshi, BitcoinShrooms O (2022), estimated at $400,000 (low) to $600,000 (high).

Withdrawn before the sale

0 works were withdrawn

Terms and definitions

All results include the fees and premiums added to the price of a work of art when the auctioneer's hammer falls. Sale prices are compared to the auction house’s low estimate, which do not include premiums.

Guarantees: Sometimes an auction house guarantees to pay a seller for a work, regardless of whether the bidding reaches the reserve price, a figure that is typically confidential.

Bought-in: If there are no bids for a work, or if bidding falls short of the reserve price, the lot is unsold or “bought-in”.

Withdrawn: This happens when a seller decides, for whatever reason, to withdraw a work before the bidding begins.

Premiums: Typically a sliding-scale of charges paid in addition to the hammer price by the buyer, plus any other fees.