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Diamonds net - 101ct Diamond Goes for $12M in Cryptocurrency

101ct. Diamond Goes for $12M in Cryptocurrency RAPAPORT. Sotheby’s sold a 101.38-carat diamond to an anonymous buyer for $12.3 million, garnering the highest price for any jewel or gemstone purchased with cryptocurrency. The auction house offered the pear-shaped, D-flawless diamond, called The Key 10138, at a single-lot auction on June 9 in Hong Kong, it said last week. The polished stone originated from manufacturer Diacore, and is the second-largest pear-shaped diamond ever to appear for public sale, Sotheby’s noted. This was the first time Sotheby’s had offered jewelry for purchase in cryptocurrency, with the auction house accepting either bitcoin or ether for the sale. The company did not disclose which form of payment was used.

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