$LAVE

Price Rationale

$LAVE is a January 2019 SuperRare XCOPY 1/1 with clean exact-token sale history: 1.15 ETH / $356.22 on 2019-01-23, 12 ETH / $4,129.44 on 2020-09-22, 99.99 ETH / $389,009.10 on 2021-05-15, and a last/highest sale of 315 ETH / $966,775.95 on 2024-04-18. The 315 ETH exact sale is the strongest anchor, but it is two years old by the 2026-04-23 valuation date, current best bid is null, and the packet shows a 190 ETH SuperRare ask whose start date predates the current holder acquisition, making it important exit context but not a clean mark. A 240 ETH fair value sits above the weaker data_lords 164 ETH 2024 sale and the same-title $LAVE edition 125 ETH context, while staying below Bad Flavour's 280 ETH 2024 nearest-peer sale and the 315 ETH exact-token high. The selected 180 / 240 / 290 ETH range blends the comparable-sales and cultural support with the liquidity and ETH-cycle cautions, without inventing a current USD conversion because the ETH/USD snapshot is null.

What Caps The Price

A higher valuation would lean too heavily on the 315 ETH / $966,775.95 April 2024 sale as a durable 2026 floor despite no supplied current best bid, no OTC history, no grail flag, and visible 190 ETH ask context. Bad Flavour at 280 ETH is the nearest supplied peer below, while data_lords at 164 ETH and the $LAVE edition at 125 ETH show available lower anchors. The supplied evidence supports upper-mid XCOPY 1/1 status, but not a grail-level or above-315 ETH current mark.

What Supports The Price

A lower valuation would underweight the exact-token 315 ETH / $966,775.95 2024 sale and the reviewed benchmark ladder placing $LAVE above data_lords and near Bad Flavour. The work has early January 2019 SuperRare provenance, one-of-one scarcity, a meaningful same-title edition context sale at 125 ETH, and multiple historical exact-token sales showing sustained collector demand across cycles. Even with thin liquidity and no current bid, a fair value materially below the low-200s would overreact to the ask/bid gap.