The State of Us

Price Rationale

Final value is set at 106 ETH, near the confidence-weighted center of the four appraisals (82, 105, 115, and 125 ETH) while rejecting both the pure liquidity haircut and the most generous comparable-sales read. The exact-token record is clean but stale: 1.15 ETH on 2019-03-11 and 9.0 ETH on 2020-09-22, with no current ask, no current best bid, and no OTC history. The work is a March 2019 SuperRare XCOPY 1/1 and the related The State of Us (blue) edition/context branch sold for 69.69 ETH on 2026-04-11, supporting a current mark materially above the stale 9 ETH print. However, the source marks the blue work as context only, the target is not flagged as a grail, and no post-2020 exact-token sale confirms a higher tier, so the final stays below the 125 ETH comparable-sales appraisal and below stronger early-XCOPY anchors with clearer high-value proof.

What Caps The Price

A higher valuation would over-weight the 125 ETH comparable-sales case and treat either the 69.69 ETH blue-edition sale or stronger 2024 early-XCOPY sales as closer benchmarks than the packet supports. The target has no live ask, no live best bid, no OTC trail, no grail flag, and no exact-token sale after 2020, so pushing toward 150-185 ETH would assume buyer depth and cultural rank not directly evidenced.

What Supports The Price

A lower valuation would over-apply the 82 ETH liquidity appraisal or anchor too tightly to the stale 9 ETH 2020 sale. This is still a 2019 SuperRare XCOPY 1/1 with named State of Us lineage, and the 2026 69.69 ETH sale of the related blue branch shows recent collector attention; a normal fair-value mark should sit meaningfully above that edition-context print for the original 1/1.