Pursuits

Phillips Hops on NFT Gravy Train With $4.1 Million ‘Mad Dog Jones’ Sale

The last of the big three auction houses tweaks the NFT formula even further with Replicator.

Replicator, 2021, by Mad Dog Jones.

Source: Phillips

First came Christie’s, then Sotheby’s, and then on Friday it was Phillips’s turn.

After 67 bids, the auction house closed its first NFT auction with a $4.1 million sale of an artwork by Michah Dowbak, who goes by the artist name Mad Dog Jones. The work has set a record for a living Canadian artist at auction, according to a Phillips spokesperson, besting the photographer Jeff Wall’s previous high of $3.7 million.