Nothing quite captured the hopes, dreams, ambition, and stupidity of the crypto moment like the 2021 acquisition by Dune DAO [aka Spice DAO] of Jodorowsky’s Dune Bible for EUR 2.67 million, more than 100x its estimate.
I declared a Facsimile Object exclusively for governance tokenholders of Spice DAO, and never heard or thought about it again. Until now.
The Spice DAO epic involved Copy Number 5 of the Dune Bible, a nearly 300-page art and concept octavo, privately published in 1975. When it was sold in November 2021, Christie’s Paris surmised that there were likely only 10 to 20 copies produced, and only a fraction survived. Given its rarity, it was expected to sell for EUR25-35,000.
Now Copy Number 4 has appeared in an online auction at Christie’s London, with an estimate of GBP250-350,000. The way this price is at once a 90% discount and a 1000% markup really captures the lost surrealist magnificence of the Jodorowsky Dune vision. But the true magnificence comes from noting how Christie’s both copies large chunks of the 2021 lot essay, while assiduously not mentioning the previous sale, or indeed the production or existence of any other copies of the book.
12 Dec 2024, Lot 10 | The Dune Bible, est GBP250-350,000 [christies]
22 Nov 2021, Lot 116 | Herbert, Jodorowsky, Giraud, Dune [christies]
Related: Spice DAO Facsimile Object (S1), 2022