YES
0%
PRICE $0.00 · IMPLIED 0%▸ BUY YES
ALL
Will Mark Rothko’s “Untitled” sell for more than $4.5M at Phillips?
Current odds
Live · updates every 20sNO
100%
PRICE $1.00 · IMPLIED 100%▸ BUY NO
Price history
OPEN 24H
0.01
Yes
HIGH 24H
0.02
at 11:42 ET
LOW 24H
0.01
at 02:18 ET
CHANGE
+0.04
+7.0% on Yes
Market stats
Polymarket · CLOB24H VOLUME
$0
Past 24 hours
TOTAL VOLUME
$835
Since creation
LIQUIDITY
$298
Available to trade
Recent trades
Last 10 fills · live| TIME | SIDE | PRICE | SIZE | VALUE | TRADER |
|---|---|---|---|---|---|
Resolution rules
From Polymarkethttps://www.phillips.com/auctions/auction/NY010321/sort/estimate-descending
ORACLEUMA Optimistic
DISPUTE PERIOD2 hours
About this market
ContextThis is a market on the final hammer price for Mark Rothko’s “Untitled” (Lot 22), which is scheduled to be auctioned at Phillips 20th Century & Contemporary Art Evening Sale on June 23, 2021 (https://www.phillips.com/detail/mark-rothko/NY010321/22). This market will resolve to “Yes” if the final hammer price at auction exceeds $4,500,000 and “No” otherwise. Note this is a market on the final hammer price at the live auction, which does not include buyer’s premium, fees, or taxes, and is not equivalent to “Sold For” price as listed on Phillips’ website. When the auction is live, there will be a live video feed broadcasting the auction, which can be accessed through the Phillips website (https://www.phillips.com/auctions/auction/NY010321). In the event of ambiguity in terms of the market outcome, the market will be resolved at the sole discretion of the Markets Integrity Committee (MIC).
How trading works
Polymarket uses a central limit order book (CLOB) model — you can buy or sell shares of any outcome at the current market price, or place limit orders at your target price. All positions are settled in USDC when the market resolves.
Resolution
Markets resolve through UMA's Optimistic Oracle. After the market closes, a proposer submits a resolution, followed by a 2-hour dispute window. If no dispute is raised, the resolution is accepted. Disputed markets go to UMA token holder vote.
FAQ
Resolution & tradingHow is this market resolved?+
https://www.phillips.com/auctions/auction/NY010321/sort/estimate-descending
When does this market close?+
Trading closes at Jun 23, 2021 · 12:00 AM UTC. After close, the UMA oracle proposes a resolution and a 2-hour dispute window opens before final settlement.
What are the possible outcomes?+
The possible outcomes are: Yes (0%), No (100%). Each contract pays out $1 if correct, $0 otherwise.
What happens if the resolution source is unavailable?+
If the primary resolution source is unavailable, the market may be delayed or resolved by UMA oracle vote using credible alternative sources. Polymarket's optimistic oracle has final authority on disputed resolutions.
How do I trade on Polymarket?+
You need a Polymarket account (sign up with email or crypto wallet). Connect a Polygon-compatible wallet, fund it with USDC, and you can buy or sell shares of any outcome at the current market price. All settlements are in USDC.