diff --git a/packages/contracts/src/contracts/current/protocol/AssetProxy/ERC721Proxy.sol b/packages/contracts/src/contracts/current/protocol/AssetProxy/ERC721Proxy.sol
index f6bdf2a5f0..ce2da76c2d 100644
--- a/packages/contracts/src/contracts/current/protocol/AssetProxy/ERC721Proxy.sol
+++ b/packages/contracts/src/contracts/current/protocol/AssetProxy/ERC721Proxy.sol
@@ -30,7 +30,7 @@ contract ERC721Proxy is
     MixinERC721Transfer
 {
     // Id of this proxy.
-    bytes4 constant PROXY_ID = 0xf47261b0;
+    bytes4 constant PROXY_ID = 0x08e937fa;
 
     /// @dev Gets the proxy id associated with the proxy address.
     /// @return Proxy id.