Sotheby’s sells 555.55-carat black diamond The Enigma for $4.29 million in cryptocurrency

The auction house Sotheby’s sold the rare black diamond The Enigma, weighing 555.55 carats, for $4.29 million.

#AuctionUpdate «The Enigma»: This 555.55 carat Black Diamond sold today for £3,161,000 / $4,292,322. The buyer has opted to use cryptocurrency for the purchase. #SothebysJewels pic.twitter.com/ZuiL9SxET8

— Sotheby’s (@Sothebys) February 9, 2022

The buyer paid for the diamond in cryptocurrency, but the exact currency was not specified. Sotheby’s accepted Bitcoin, Ethereum and the stablecoin USDC from the Centre consortium.

The auction house did not disclose the buyer’s name, but identified him as entrepreneur Richard Heart.

I won the world’s largest cut diamond for our #HEXican cultural heritage! It’ll be called the https://t.co/mLZsmWqXG0 diamond, it weighs 555.55 carats and has 55 facets. Congratulations to all you #HEXicans with #5555 club https://t.co/mLZsmWqXG0 tattoos. Let’s all win together! pic.twitter.com/37mfTGbzMe

— Richard Heart ETH FORK PulseChain.com,PulseX.com!❁ (@RichardHeartWin) February 9, 2022

In 2006, The Enigma earned a place in the Guinness World Records as the largest-cut diamond in the world. Its origin is linked to a meteorite fall. An alternative version claims it is a fragment of an asteroid that struck the Earth.

Earlier in July 2021, Sotheby’s sold a rare diamond weighing 101.38 carats for $12.3 million in cryptocurrency.

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