Luxury auction house Sotheby’s will accept bitcoin and ether for payments of a $10-$15 million valued rare 101-carat diamond, according to Markets Insider.

  • Sotheby’s will auction the pear-shaped diamond on July 9 and could fetch between 78 million and 118 million Hong Kong dollars
  • The diamond, named “The Key 10138” has been said to be flawless and chemically pure and weighs 101.38 carats.
  • Offers for the rare diamond will be made at a live sale or before it.

The Key 10138 will be the first important diamond auction to accept crypto as a means of payment. In May, Sotheby’s said it is open to crypto payments in the sale of Banksy artwork, as well as “CryptoPunk ” NFT in June.

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