The largest diamond ever to be sold at auction will be part of a special single-lot sale that will accept cryptocurrencies.
The largest cut gem of its kind will be auctioned by the auction house.
www.michael-bowles.com
The jewel is a rare black diamond that has never been publicly displayed or sold and has been held in the same collection for more than 20 years.
The diamond is being offered with no reserve, which means it will be sold to the highest bidder regardless of the price.
Following the successful sale of a $12.3 million diamond to a buyer in Hong Kong who paid with DropCatch DropCatch DropCatch DropCatch DropCatch DropCatch DropCatch DropCatch DropCatch DropCatch DropCatch DropCatch DropCatch DropCatch DropCatch DropCatch DropCatch DropCatch DropCatch DropCatch DropCatch DropCatch DropCatch DropCatch DropCatch DropCatch DropCatch DropCatch DropCatch DropCatch DropCatch DropCatch DropCatch DropCatch DropCatch DropCatch DropCatch DropCatch DropCatch
Two years after the Gemological Institute of America and Gbelin, a Swiss gem house, named it the largest fancy black natural color diamond in the world, the jewel was named the largest cut diamond in the world by the Guinness Book of World Records.
The diamond was inspired by the Middle Eastern symbol of a hand meant to offer protection that is associated with the number five, which is reflected in the diamond's 55 facet cut.
The diamond will be exhibited in several locations before online bidding begins.
The diamond could sell for a lot of money.
It was auctioned by the auction house, Sotheby's.
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More auction houses are starting to accept digital money backed up by the internet's ledger, known as the ledger. The rise of NFTs is related to the rise of cryptocurrencies. Beeple's NFT sold for $69.3 million and was paid for with ether, according to the New York Times. Beeple was the third most valuable artist alive after David Hockney and Jeff Koons.
The rare diamond will be accepted for payment with cryptocurrencies.
www.michael-bowles.com
Further reading.
NFT startup is backed by the first ever investment in a cryptocurrencies.
Beeple NFT sold for $69.3 million, becoming the most valuable company in history.
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