Contemporary Art

Cryptocurrency Payment Information

New York | 12 May 2021
Thank you for your interest in the May 12 Contemporary Art Evening Auction. Cryptocurrency will be accepted for the hammer price of lot 104, Banksy’s Love is in the Air. Buyer’s Premium, Overhead Premium, and any taxes must be paid in USD. If you are interested in paying with bitcoin or ether, please email crypto@sothebys.com . Please note that Sotheby’s may request a statement or documentation from the approved exchange to verify the balance of your ETH or BTC funds in the wallet.

PLEASE NOTE THAT BY REGISTERING TO BID YOU AGREE TO THE FOLLOWING:


- You are bidding as principal and not on behalf of anyone else
- You accept and understand that payment can be made in ethereum or bitcoin only if made:
- from a single wallet registered to you;
- using funds belonging to you; and
- maintained by one of the following:
Coinbase Custody Trust;
Coinbase, Inc.;
Fidelity Digital Assets Services, LLC;
Gemini Trust Company, LLC; or
Paxos Trust Company, LLC.

Payments from digital wallets hosted at other exchanges or self-hosted wallets will not be recognised or accepted and in such circumstances payment will be required in US dollars.

If you are the successful bidder you agree to provide us with all information and documentation we request in order to verify your identity and to confirm that the ethereum or bitcoin payment was made from a digital wallet registered in your name and maintained at by one of the platforms above. Partial payments of a lot from multiple digital wallets will not be accepted.

Before the sale, you will have the option to provide your exchange wallet information. If you are the final bidder on Lot 104 Banksy “Love is in the Air”, Sotheby’s Post Sale Services will reach out to you prior to sending an invoice to confirm you still intend to pay with cryptocurrency. Sotheby’s will provide an invoice and instructions on how to pay in the cryptocurrency of your choice (BTC or ETH) through Coinbase Commerce. Please email crypto@sothebys.com with questions.

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