Sotheby’s Will Accept Crypto In Auction Of Rare 100-Carat Diamond
Global auction house Sotheby’s is no stranger to crypto. In fact, the leading auctioneers have been hosting NFTs, such as multi-million-dollar CryptoPunks. This week, they are kicking off the auction for the code of the World Wide Web. Now, Sotheby’s is integrating crypto for more than just NFTs and their payments – and is allowing […]
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Sotheby’s has now set the world record for the most expensive piece of jewelry sold for crypto last Friday. The global auction house had announced the intended sale earlier in the year of the 101.38-carat rare diamond. Sotheby’s had announced that the auction would be held with crypto as the buying currency. Stating that interested […]
Sotheby’s, the world’s largest auction house, is auctioning a rare, 101.38-carat flawless diamond estimated to be worth $15 million, and cryptocurrencies are accepted. Biggest Auction House Accepts Cryptocurrencies Sotheby’s announced Monday that it is auctioning a rare, pear-shaped diamond on July 9 in Hong Kong that can be purchased with cryptocurrency. Established in 1744, Sotheby’s described itself as the world’s largest marketplace for art and luxury. With a network of specialists spanning 40 countries and 44 departments, “we host over 600 auctions....
A massive diamond just sold on Sotheby’s for a whole lot of crypto. Art and jewelry brokerage Sotheby’s put a 101.38 carat diamond up for auction, fetching over $10 million in crypto for the rock on July 9. The diamond “sold for $12.3 million to an anonymous buyer last Friday at Sotheby’s Hong Kong,” MarketWatch reported on Monday. “It’s the most expensive gem ever purchased with cryptocurrency, according to Sotheby’s,” MarketWatch added. News of the crypto-friendly diamond auction surfaced in the latter half of June, with estimates forecasting the diamond to hit prices somewhere in the....
Is the auction house betting that diamonds will become a crypto user's best friend? Luxury auction house Sotheby’s will accept bids in crypto for a massive diamond scheduled to be auctioned in Hong Kong next month.According to a Monday Reuters report, Sotheby’s will offer a 101.38-carat pear-shaped diamond for bids in crypto and fiat starting on July 9. Buyers are expected to bid up $118 million HKD — roughly $15 million — for the stone. This amounts to more than 454 Bitcoin (BTC) at the time of publication at a price of $32,974. Sotheby’s has also accepted Ether (ETH) in previous....
Auction house Sotheby’s plans to auction a rare artwork created by Muhammad Ali in the form of an NFT on Friday. Sotheby’s To Auction Rare Muhammad Ali Art Depicting The 1971 “Fight Of The Century” Sotheby’s and Muhammad Ali Enterprises plan to reveal the non-fungible token on 23 July. The oganizations will display and auction […]