Let the bad times roll

Price Rationale

Final judgement centers the work at 36 ETH after weighting the comparable-sales, liquidity, and USD/ETH cycle appraisals above the more expansive cultural-canon mark. The supplied evidence shows a 2019-08-07 SuperRare XCOPY 1/1 with only one exact-token sale, 0.5 ETH / .56 on 2019-08-28, and no current ask, current best bid, OTC history, grail flag, or candidate benchmark set. That stale primary-era sale is not a current anchor because the broader XCOPY 1/1 market repriced sharply after 2019, but the absence of recent exact-token validation keeps this below better documented 2019 works with later 90-300+ ETH clearings. A 22 / 36 / 60 ETH range reflects an orderly negotiated market for a lower-visibility early XCOPY one-of-one.

What Caps The Price

The 55 ETH cultural appraisal is treated as upside context rather than the central mark because the packet supplies no grail designation, no candidate peers, no active bid or ask, no OTC trade, and no post-2019 exact-token sale. Higher 2019 XCOPY outcomes in the source universe generally have stronger later market-clearing evidence or clearer public-standing support, so importing those levels would overstate this token's verified demand.

What Supports The Price

The 30-32 ETH appraisals are close to the downside of fair value, but a materially lower final would lean too hard on the obsolete 0.5 ETH 2019 sale. This is still a scarce August 2019 SuperRare XCOPY 1/1, and even non-grail early XCOPY works can command durable collector demand well above primary-era prices.