Tiffany & Co. Sells Out NFTiff Collection
Tiffany & Co. officially sold out its 250-piece, limited-edition NFTiff NFT collection this morning, approximately 20 minutes after the slated start time for public sale.
Earlier this week 100 NFTs were sold in the presale, and the final 150 pieces were sold this morning in a public sale.
Though initially drawing some controversy, the 30 ETH purchase price (~$51,000) was seemingly no issue for an eager set of buyers. At the conclusion of the sale, multiple secondary sales have already been made on OpenSea at prices ranging from 31-33.5 ETH. The current floor price is 31 ETH.
Buyers of the NFTiff NFTs will now have one week to decide whether or not to redeem the NFT for a physical pendant matching a CryptoPunk NFT (if they own one). It was not required to own a CryptoPunk to buy NFTiff, however, you cannot redeem the physical pendant without one.
The official deadline to redeem is August 12 at 9:00 p.m. ET.
More information about NFTiff can be found in our original reporting.