New Money: Sotheby's Welcomes Crypto at Hong Kong Auction

By John Jeffay / September 14, 2021 / www.idexonline.com / Article Link

(IDEX Online) - Sotheby's is rolling out its cryptocurrency program by accepting Bitcoin, Ether or USD Coin payments for all lots at a forthcoming diamond auction in Hong Kong.It follows its sale in July of a 101.38-carat pear-shaped D-color flawless diamond  to an anonymous crypto buyer for $16.4m (pre-sale estimate $10m to $15m).All eight lots at Sotheby's forthcoming auction - Diamonds: The Dazzling Infinity - are marked as payable by crypto. Traditional payment options will also be available. The sale will be led by a 177.51-carat Harry Winston diamond necklace (pictured) with nine D-color IF pear-shaped stones weighing from 14.93 to 2.04 carats, seven of which are Type IIa.Also in the sale is a 50.05-carat D-color IF Type IIa heart-shaped diamond with an estimate of $3.6m to $4.6m.The live sale is scheduled for 24 September. Online bidding has already opened.

Recent News

Uranium volatility after Russia's US export restrictions

November 25, 2024 / www.canadianminingreport.com

Gold stocks rebound on metal bounce and equity rise

November 25, 2024 / www.canadianminingreport.com

Crypto market size continues to catch up with gold

November 18, 2024 / www.canadianminingreport.com

Crypto stealing some of gold's thunder

November 18, 2024 / www.canadianminingreport.com

Gold stocks drop on metal price decline

November 11, 2024 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok