From September 24th to October 4th, Sotheby’s and Tiffany Dubin will hold their first auction devoted solely to artist-made jewelry. The auction will include a “phygital” ring, defined by its designer as “being simultaneously physical and digital.” Conceptualized by Francine Ballard of Metagolden, this one-of-a-kind 18k gold and emerald ring will be offered in both the physical world and in the “metaverse.”
The only one NFT to be auctioned is the digital twin of the ‘Ethereum Expedition’ ring by Metagolden. Resembling a miniature geodesic dome, the piece is inspired by the intercontinental rocket launches that typically span upwards of sixteen hours, which would be curtailed to approximately thirty minutes via up-and-coming space programs like Elon Musk’s SpaceX.
Metagolden anchors luxury physical investments to NFTs to authenticate and ascribe provenance to its creations, but also to provide long-term value in purchasing the item’s “digital twin”. Since 2021, industry leaders, including Doyle Auction House, have offered a similar service for marquee lots. Sotheby’s Artist Jewelry Specialist Tiffany Dubin is pioneering this new genre of ‘Art to Wear’ opening alongside Contemporary Art.
The auction also features twentieth-century art and jewelry, with pieces representing major modern art movements from kineticism to surrealism, including pendants by Picasso, earrings designed by Dalí, and a piece by Man Ray. Works by Tom Otterness, and Jean Boggio represent the contemporary design.
Tiffany Dubin was the Founder and Director of Sotheby’s Fashion department, selling everything from haute couture dresses to Tom Sach’s Paper Kelly Bag. She was the first at Sotheby’s to create partnerships with luxury brands such as Chanel, Bombay Sapphire, Chopard, and Cartier. With nearly two decades of experience selling, appraising, and cataloging art, jewelry, and fashion, she has been involved in the sale of numerous prestigious collections, including the Zilkha Collection, Property from the Goldwyn Collection, The Scaasi Couture Collection, To Have and To Hold, Handbags and Pulp Fashion.
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