Christie’s is ready to accept crypto payments for Keith Haring’s painting

Art lovers can purchase a painting by Keith Haring using cryptocurrency at Christie’s “20th / 21st Century” auction in London next week, where works by Alberto Giacometti, Pablo Picasso and Edgar Degas are also on display. under the hammer.

The untitled piece, painted in 1984 and celebrating the start of the digital age with the depiction of a computer, is estimated to be worth £ 3.9million – £ 4.5million ($ 5.42million – $ 6.25 million).

The auction house said buyers can make full payment – the hammer price and the full premium – using either ether or bitcoin.

(Painting) is probably the very first example we see of an artist celebrating the computer… It was in 1984 that the Apple Macintosh was first released. So it’s really a piece of history, ”Katharine Arnold, co-head of post-war and contemporary art for Christie’s in Europe, told Reuters.

“So the potential to pay in cryptocurrency for the full hammer price and buyer’s premium was something that made it feel like a perfect match. “

The other lots from the June 30 sale include Capsized man, a sculpture of 12 million to 18 million pounds by Giacometti as well as that of Picasso The Embrace, a painting that is seen fetching £ 11 million to £ 16 million.

“Giacometti is incredibly recognizable… and this is one of his most iconic works… This specific cast was made in 1951 when Giacometti was truly at the peak of his powers,” said Keith Gill, Head of Impressionist Art and modern at Christie’s in London. .

“These casts are incredibly rare. There are only six that are known, it is one of those six. Many of these others are already in museums.

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