I think it will be OK to post this
Spink link:
https://live.spink.com/live-auction/4-4KJC8UA 'Non Fungible Penny'
A New Gold Penny of
Henry III
The first Numismatic NFT Coin to be offered by an International
Auction House, with proceeds being split over charities chosen by the vendor and
Spink, specifically The Rodney
Cook Memorial Fund and the Himal Foundation.
What was sold is a video of the
rare coin:
Asset Name: Planta_genista_NFT_Ultra
File Format: mp4
Video Size: 76.7 Mb
Length: 00:00:08
Created by
Spink design team
This lot is subject to 20% Buyer's Premium and applicable
VAT.
It even
comes with the buyer's fee. This is a digital asset only. The charity aspect is nice, but why anyone would by something like this is beyond me. Just donate to the charity and save the buyer's fee and
VAT.
I have researched trying to sell NFTs as a
fine art photographer. If people buy them, it is certainly easy
money and a
boon for artists and creators. But, my research revealed that this is a game for celebrities and rich folks. Not for regular plebes. The markets seem extremely speculative, and you don't even have tulip bulbs or worthless dot
com stocks in hand. Seems like a way for rich folks to get richer, and celebrities to pad their incomes (Tiger
Woods has gotten into it). I don't see a way for common folk to get in unless they get super lucky and that goes with both
buying and
selling. And I am bullish on crypto currencies like Bitcoin, but NFTs are a different ballgame.
Anyway, just my opinion, I know we have
had a couple short discussions here about NFTs.
Regards,
Virgil