the appropriate loss of control

Price Rationale

Final fair value is 45 ETH, with a 28 ETH bid and 70 ETH ask. The exact work is a 2019 SuperRare XCOPY 1/1 with a single clean exact-token sale at 2.2 ETH / $327.60 on 2019-12-08, no current ask, no current best bid, no OTC history, no grail flag, and no candidate benchmark set. I give meaningful credit to early SuperRare XCOPY scarcity, uninterrupted tokenangels.eth custody, and the supplied market snapshot showing later repricing of early XCOPY 1/1s well above primary-era ETH marks. I do not accept the comparable-sales 70 ETH center as fair value because it leans too heavily on better-validated later sales; instead 70 ETH is the patient fair-ask edge. I also do not accept a primary-era or deeply illiquid mark because the 2.2 ETH sale is stale provenance, not current value.

What Caps The Price

Higher fair value would over-shoot the evidence. The token has no post-2019 price discovery, no live bid or ask, no OTC sale, no grail/public-standing flag, and zero outgoing benchmark candidates. Later 100+ ETH XCOPY 1/1 sales in the supplied universe are stronger current-market anchors, but they are not direct comps for this quieter, untraded non-grail work.

What Supports The Price

Lower fair value would under-shoot by treating thin liquidity as lack of value. This is still a scarce 2019 XCOPY SuperRare 1/1 with clean xcopy.eth-to-tokenangels.eth sale provenance and continuous custody since release. The supplied universe shows early XCOPY 1/1s should not be valued by their original single-digit ETH primary-era sales alone.