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Sotheby’s Sells Rare Diamond for $12.3M in Crypto
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Sotheby’s Sells Rare Diamond for $12.3M in Crypto

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by Virtuse Admin
12. July 2021
Sotheby’s Sells Rare Diamond for $12.3M in Crypto

Sotheby’s, the 277-year-old British auction house, sold a rare 101.38-carat diamond for HK$95.1 million (US$12.3 million) in cryptocurrency on Friday in a Hong Kong auction to an anonymous buyer.

The auction house said the sale of the gemstone shows that a “milestone was reached in the adoption of cryptocurrencies.”

The diamond, dubbed “The Key 10138,” is the second-largest pear-shaped diamond ever to appear on the public market and came from the world-leading diamond company Diacore, said Sotheby’s.

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