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Reading: Crypto Group Is Outbid in Auction of Rare Edition of the Constitution
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The Wall Street Publication > Blog > Tech > Crypto Group Is Outbid in Auction of Rare Edition of the Constitution
Tech

Crypto Group Is Outbid in Auction of Rare Edition of the Constitution

Editorial Board Published November 19, 2021
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Crypto Group Is Outbid in Auction of Rare Edition of the Constitution
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The art market wasn’t ready for revolution. A rare, first-edition copy of the U.S. Constitution sold for $43.2 million at Sotheby’s Thursday, but it appears the winner is a private collector rather than an online group of cryptocurrency investors.

The group, called ConstitutionDAO, caused a stir in art and crypto circles this week by pooling more than $40 million to bid, but an anonymous phone bidder pledged even more and will take home one of the 13 surviving official copies of the Constitution.

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