A lavish gilt bronze French clock. An authentic Pablo Picasso sketch. A papyrus page from the Book of the Dead.
You can now bid with bitcoins for the antiques sold on the Aspire Auctions website. Like most business owners dabbling in the Bitcoin trade, auction house president Michael Kondratov started on a personal level. When he noticed he could pay in Bitcoins to keep his company website online, he decided to join the crowd.
He's benefited handsomely from the rise in Bitcoin value. When Aspire recently sold a pair of diamond earrings for $8,050, the company earned a commission of 70 bitcoins. That was $700 at the time. On Monday, that was valued at $55,370.