Sotheby's Will Accept Bitcoin or Ether for $6 Million Diamond Necklace

Sotheby's Will Accept Bitcoin or Ether for $6 Million Diamond Necklace

Sotheby's is auctioning off a diamond necklace designed by iconic jeweler Harry Winston.A prospective buyer will be able to pay for the masterpiece with crypto, choosing between Bitcoin, Ether and USD Coin.The purchase will be facilitated by Coinbase Commerce, the e-commerce arm of the largest U.S. exchange. The new Sotheby's auction will take place on Sept. 24 in Hong Kong.

As reported by U.Today, the high-class auction house made history by selling an extremely rare 101.38-carat diamond for $12 million worth of crypto in early July.In June, one of the non-fungible tokens from the CryptoPunk collection went for a hammer price of 4,761 ETH.Sotheby's initially announced that it would start accepting Bitcoin and Ethereum back in May.

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