Billionaire Wins Sotheby’s Enigma Gemstone Auction for $4.3M in Crypto

Sotheby’s has been a world-renowned auction house for almost 300 years, and has recently started accepting digital assets as means of bidding on rare items. 

In mid January of 2022, the Sotheby’s Auction House listed a rare black diamond, dubbed the Enigma due to its mysterious origins. In fact, this particular gemstone is in the Guiness Book of World Records for being the largest cut diamond in the world.

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Likewise, some scientists believe that the black diamond may be of meteorite origin due to it having various titanium nitrides, including obsornite, which is closely linked to cosmic materials, and found exclusively in meteorites. With that being said, most carbonade diamonds like this are also found in the Central African Republic and Brazil. 

Meanwhile, the bidding for the Enigma was officially closed by Sotheby’s after it was sold for almost 3.2M in British pounds (about $4.3M).

While the auction house did not officially disclose who bought the diamond, owner of PulseX Richard Heart posted a Twitter video stating that he won the auction of the rare gemstone. In fact, he even wants to rename the Enigma to the HEX.com diamond after the transaction has been completed.

This will be the second gemstone that Sotheby’s sold in cryptocurrency. In July of 2021, the auction house sold a diamond to a buyer in Hong Kong for $12.3 million in crypto.