Giant diamond in exchange for a handful of bitcoins: Sotheby Diamons marks new milestone cryptocurrency adoption - Sotheby marks new milestone cryptocurrency adoption - The historic British auction house Sotheby's continues to bet heavily on the use of cryptocurrencies as a means of payment.

The latest exponent of this trend has been the launch of an auction that could reach 13 million euros, which can be delivered in bitcoins, ethers and other digital currencies.

The object in question is an unassembled pear-shaped "exceptional and magnificent" diamond of 101.38 carats. The jewel, called "The Key 10138", is auctioned from Hong Kong and the bid will be closed for between 78 and 118 million Hong Kong dollars (between 8.5 and almost 13 million euros, approximately).

The auction, which starts on the 9th of this month, offers an "impeccable" diamond of "color D", accompanied by a classification card in which it is determined that the diamond in question is of type Illa. These "are the most chemically pure type of diamond and often have exceptional optical transparency," point from the auction house with 277 years of history.

Sotheby Diamons marks new milestone cryptocurrency adoption

Sotheby's, like other relumbron auction houses, has recently admitted cryptocurrencies to its auctions. The British firm auctioned a few weeks ago in non-fungible token format (NFT) the original code of the World Wide Web for just over 5 million euros.

Sotheby Diamons marks new milestone cryptocurrency adoption: It currently does the same with a work by the artist Banksy called Love is in the air, with a price of between 300,000 and 400,000 euros that can be paid in bitcoin and ethereum cryptocurrency.

In May, Sotheby's had already sold another version of this work for 12.9 million dollars in cryptocurrencies (almost 11 million euros), but its estimated output price was between 3 and 5 million dollars.

Sotheby Diamons marks new milestone cryptocurrency adoption

However, "The Key 10138" will be a milestone for Sotherby's and the cryptocurrency industry, being the luxury object to be auctioned for the highest estimated amount in cryptocurrencies in history.

The firm points out that the auction is "a significant moment in the evolution of the market".

Sotheby Diamons marks new milestone cryptocurrency adoption

More news:

Sold the most expensive indoor plant of all time for a whopping 17,000 euros

If you take care of your bonsai as if it were a child and your house looks like a jungle full of plants, you will surely be struck by this milestone in the history of auctions: the most expensive indoor plant in history has been sold for 20,000 dollars, about 17,000 euros in exchange.

According to CNN, the record has occurred in New Zealand, where a bidder spent a whopping $ 20,000 to take home the plant. The specimen has been the white variety of the species Rhaphidophora Tetrasperma, better known as mini monstera. It is not just any pot, but the most expensive plant of all time. It is doubtful that its owner will forget to water it.

The rarity of this specimen was what caused its high price and sparked a bidding war when it went up for auction on the New Zealand platform Trade Me last June.

After a dizzying chain of bids, it was in the final 4 minutes of the auction that users foliage_patch and meridianlamb engaged in raising the prices of the most expensive plant in the world to record levels. The battle ended with meridianlamb claiming the item for NZ $ 27,100, equivalent to $ 20,000 and € 17,000 respectively.

Not only did the amount bid amaze, but the expectation and interest unleashed: more than 102,000 people had seen the list and 1,600 had kept it on their watchlists. In total, 248 bids were submitted for the coveted plant.

Trade Me spokeswoman Millie Silvester told CNN that this piece is "the most expensive indoor plant ever sold" on the auction site. "Houseplants have become the 'hot' item in recent years, we have seen prices go up and up as more users jump into this new trend." The very expensive mini monstera was picked up in Auckland.

The description of the plant, in a pot of 14 centimeters is that it has 8 leaves, and a ninth about to unroll. Rhapidophora Tetrasperma is native to Thailand and Malaysia, according to Epic Gardening.

The indoor plant craze not only stays in New Zealand, but spills over into the rest of the world. As a result of the confinement caused by the pandemic in 2020, data tell us that interest in buying plants to brighten our lives at home almost doubled, as reported in A Natural Curiosity.