Art lovers have been still left to stare blankly after a receipt for a piece of “invisible artwork” marketed for approximately $1.2 million at auction.

A private European collector ordered the much more than 60-yr-outdated receipt for French artist Yves Klein’s “invisible artwork” with a bid of $1,151,467.40, exceeding the expected bid of $551,000, in accordance to United Push International.

“Yves Klein’s operate stands on your own as the unique exemplar of what exploration is probable by this technological know-how,” the auction catalog reads.

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The receipt, dated Dec. 7, 1959, was element of Klein’s imaginary artwork series Zones of Immaterial Pictorial Sensibility, in which buyers would see vacant, vacant rooms stuffed with “pictorial sensibility in its pure condition,” according to Sotheby’s. The uncommon art type foreshadowed the rise of nonfungible tokens, also recognized as NFTs, the auction residence stated.

“Some have likened the transfer of a zone of sensitivity and the invention of receipts as an ancestor of the NFT, which alone permits the trade of immaterial performs,” the auction catalog reads. “If we increase that Klein held a sign-up of the successive owners of the ‘zones,’ it is simple to discover in this article yet another innovative concept — the ‘blockchain.'”

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Antiques supplier Jacques Kugel was the first purchaser of the receipt, which is part of additional than 100 things that are getting auctioned off from previous gallery owner Loic Malle’s “Only Time Will Inform” selection.