mortal_

Price Rationale

I place mortal_ at 125 ETH fair value, balancing its strong 2019 SuperRare XCOPY 1/1 provenance and clean 18 ETH exact-token sale against thin current liquidity. The comparable-sales and cultural appraisers at 160-175 ETH reasonably emphasize later non-grail 2019 XCOPY 1/1 prints above 128 ETH and the same-family MORTAL edition sale, but their upper range risks importing too much value from stronger or better-proven works and from a cross-type edition context. The liquidity and USD/ETH-cycle appraisers at 68-75 ETH correctly discount for no current ask, no best bid, no OTC record, no post-2020 exact-token sale, and no grail flag, but their marks are too close to an exit-only underwriting case for a scarce early XCOPY work with named-family collector salience. A 85/125/180 ETH range recognizes a negotiated-market discount while keeping the fair value inside the lower half of credible later non-grail 2019 XCOPY comparables.

What Caps The Price

I reject a higher 160-175+ ETH final because mortal_ has no live bid or ask, no exact-token sale after 2020-08-03, no OTC history, and isGrail is false. The 430.494095 ETH MORTAL sale is explicitly same-family cross-type context, not a direct one-of-one benchmark, and stronger 200-300 ETH snapshot comps have better recent execution or stronger artwork-specific evidence.

What Supports The Price

I reject a lower 68-75 ETH final because it overweights immediate-exit illiquidity and underweights the target being a 2019 XCOPY SuperRare 1/1 with a real 18 ETH pre-2021 secondary sale. The supplied universe shows multiple non-grail early XCOPY one-of-ones later clearing around and above 128 ETH, and the Mortal family context supports meaningful collector salience even after applying a large cross-type discount.