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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
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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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