"In the Mood For Love" NFT sold for HKD4.2 mil

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12 Oct – Wong Kar Wai succeeded in auctioning his first NFT - a footage of his most famous film, "In the Mood For Love" (2000).

The film auteur recently collaborated with Sotheby's Hong Kong in auctioning the "In the Mood for Love" NFT, making it the first Asian film NFT to be offered, which attracted a lot of bids at the Sotheby's Modern Art Evening Sale.

The said NFT is a never-before-seen 92-second footage that was filmed on 13 February 1999, which is the first day that the movie was in production.

Maggie Cheung in the never-before-seen footage from 'In the Mood for Love'
Maggie Cheung in the never-before-seen footage from 'In the Mood for Love'

The starting bid was HKD 2 million, and in the end was sold at HKD 4.28 million with buyer's premium to Chairman of Sotheby's Asia, Patti Wong.

On the other hand, the said NFT was not the only item that was auctioned at the event. Around 30 items related to Wong's films also found new owners, from the yellow leather jacket that Leslie Cheung wore in "Happy Together" (sold for HKD 756,000), to "The Grandmaster" poster signed by the said director (sold for HKD252,000).

This yellow leather jacket worn by Leslie Cheung in Wong Kar Wai's 'Happy Together' (1997) was auctioned
This yellow leather jacket worn by Leslie Cheung in Wong Kar Wai's 'Happy Together' (1997) was auctioned
'The Grandmaster' poster signed by Wong Kar Wai was also auctioned
'The Grandmaster' poster signed by Wong Kar Wai was also auctioned

(Photo Source: HK01, Artnet)

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