Mystery buyer spends $12.3M on a 101-carat diamond – and pays in cryptocurrency
CNNCNN — A 101-carat diamond has become the most expensive jewel ever purchased with cryptocurrency, according to Sotheby’s, the auction house behind the sale. Courtesy Sotheby's In a press statement, Sotheby’s deputy chairman for jewelery in Asia, Wenhao Yu, said the sale had attracted “new clients well beyond the traditional pool of collectors,” adding cryptocurrency purchases appealed to a “digitally savvy generation.” Remarkably rare in its own right, the stone is the second largest pear-shaped diamond ever to come to market, according to Sotheby’s. Courtesy Sotheby's Earlier this year, Sotheby’s opened the sale of Banksy’s “Love is in the Air” to payment via bitcoin and ethereum. The famed artwork, which depicts a masked man throwing a bouquet of flowers like a Molotov cocktail, eventually sold for $12.9 million, though the auction house did not reveal whether they buyer eventually used a cryptocurrency.
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