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A Rare Diamond Auctioned By Sotheby's Accepts Bitcoin And Ethereum Payments

Mary Liu

Summary: Luxury auction house Sotheby's will auction a 101.38-carat pear-shaped flawless rare diamond. The auction will start on July 9 hosted by Sotheby's Hong Kong.  According to Sotheby's, this diamond is the second-largest pear-shaped diamond on the open market. Buyers can choose to pay in fiat, Bitcoin, or Ethereum, this is the first time such a high-priced ...

Luxury auction house Sotheby's will auction a 101.38-carat pear-shaped flawless rare diamond. The auction will start on July 9 hosted by Sotheby's Hong Kong. 

According to Sotheby's, this diamond is the second-largest pear-shaped diamond on the open market. Buyers can choose to pay in fiat, Bitcoin, or Ethereum, this is the first time such a high-priced physical object accepts cryptocurrency. 

Josh Pullan, Managing Director of Sotheby’s Global Luxury Products, said: "Over the past year, we’ve seen a voracious appetite for jewels and other luxury items from collectors across the globe. Increasingly that demand is coming from a younger, digitally native generation; many of whom are in Asia."

By Mary Liu

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