January 04, 2022
Landmark Auction: Metropolitan Museum of Art
Happy 2022 Uplanders! To start the year with a bang, we've got an artsy landmark auction in store for you: Tomorrow, Thursday, January 6th, at 12:00 PM PT, we will begin the reverse auction for the Metropolitan Museum of Art in Manhattan, NYC! If you’d like to purchase this property and stake your claim on this world-renowned museum, head to the provided address at the given time and the property will unlock for minting.
Metropolitan Museum of Art Reverse Auction
The Metropolitan Museum of Art of New York City, colloquially "the Met", is the largest art museum in the Western Hemisphere, housing a permanent collection of over two million works divided among 17 curatorial departments. The museum is famous as a home of renowned paintings, but it houses much more, including such items as porcelain, musical instruments, historical artifacts, costumes, and even armaments.
Since its founding in 1870, The Met has always aspired to be more than a treasury of rare and beautiful objects. Every day, art comes alive in the Museum's galleries and through its exhibitions and events, revealing new ideas and unexpected connections across time and across cultures.
Fun Facts about the Met
- The Met hosts the Met Gala- formally called the Costume Institute Gala- every year, marking the opening of the Costume Institute's annual fashion exhibit. Affectionately referred to as “fashion's biggest night out,” it is a fundraising benefit known for its star-studded guest list and eye-catching outfits.
- The Met welcomes millions of visitors every year! It's the largest art museum in the United States, and one of the most-visited museums in the world. In 2019, officials announced that 7.3 million people had swung through the museum during the previous year.
- The Met has a residential floral artist! Each week, Remco van Vliet produces five towering bouquets for the Met’s Great Hall. Van Vliet’s arrangements stretch up to 10 to 12 feet high.
Price Analysis
The Met is located at 1000 5TH AVE in Manhattan, NYC, and checks in at a gargantuan 5,741 UP2! Had this property not been a landmark, the original minting price would be 2,583,450 UPX.
Based on landmark premiums, The Met’s minimum suggested minting price has been estimated at 9,300,420 UPX. The starting price for this landmark will be 31,200,000 UPX, from which we will work our way down to the suggested mint price. The Met is one of the most awe-inspiring properties within Manhattan, and the winner of this property will be the lucky owner of this world-renowned marvel.
Price Reduction Schedule
Best of luck to all of our auction participants! Start 2022 with the best of vibes and claim this rare property for yourself!