The sale confirmed predictions that the painting’s unconventional backstory would only increase its value.
Originally, almost 500 copies were printed; now only 11 are known to still exist.
“Girl with a Balloon,” which started shredding as soon as it sold in 2018, could fetch more than $8 million.
Kevin McCoy minted his non-fungible token “Quantum” in 2014, long before the crypto art market exploded.
The rare find is headed to auction at Sotheby’s, where it is valued between $300,000 and $500,000.
The tempera on panel painting is one of three portraits by the 15th-century artist left in private hands.
Sotheby’s is auctioning artworks that were once in the pair’s home, including kitschy cookie jars that Andy Warhol collected.
The US Virgin Islands requested that the auction houses release “all documents reflecting or relating to inquiries, sales, bids, communications with or about Jeffrey E. Epstein.”
In a lawsuit filed on Friday, NY Attorney General Letitia James claims that the auction house helped a collector evade sales tax on $27 million worth of artworks by accepting fraudulent resale certificates.
“Grande femme I” (1960), a spindly female figure cast in bronze, had a minimum bid of $90 million in a “sealed bid” private sale.
The decision comes only hours before the Sotheby’s contemporary art auction this evening in which two of the works were slated to go under the hammer.
The museum’s intended sale of 255 items, planned for today at Sotheby’s in London, is postponed to November.