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Tuesday

27 July 2021

Sotheby's Diamond Fetches $12.3 Million in Crypto | Live Bitcoin News

Sotheby's Diamond Fetches $12.3 Million in Crypto | Live Bitcoin News


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The diamond was more than 101 carats – a rare feat for any jewel – and the big clincher was that the auction house was willing to accept crypto bids for the item.

The diamond was extremely unique in that it was pear-shaped, making it a prized asset as several collectors are often looking for pear-shaped diamonds given the perfection of the cutting.

The auction house made it clear early on that it was willing to accept either bitcoin or Ethereum in exchange for the product.

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