Price 26 million yen or $220,878.06
you have the price for those other auctioned koi ad well?
Wow..... Who would spend that much money on a fish? Another breeder? That's a beautiful fish.
In the U.S. wealthy people impress others with sports cars, art, watches and the like..... I have heard it said many times that Chinese and Japanese business moguls, real estate tycoons, and the like sometimes use koi as an analogous status symbol. If you ask me, I would never spend 100k on a car no matter what I was making because cars don't make me happy. I would probably not spend that much on a koi either. But if I was in a position where I had that much disposable income for a single purchase of my choosing, I would take the koi over the car.
Also, I see the body line is nice, but at this level shouldn't the tail section have a little more beef to it? Or has the fish just not filled out yet?
Nice video. I hope whoever purchased this one competes so that somewhere down the line I may get to see a pic of this one when the sumi is up.
I don't care how much disposable income you have or how small your Richard is....$200K+ is a lot of dosh for a colorful, young fish.
I'm sure whoever bought it has some insider info.
That being said, it is an auction fish...
I'm curious to see how any of these 6-figure fish turn out.
or how small your Richard is...
I guess koi auctions in Japan are what the Keeneland Yearling Sales are in Lexington, KY. I always wondered why anyone would pay 7 figures for a horse that has never been saddled, but somebody always does.
To keep it real, though, only five yearlings sold for more than $1 million this year. The average was $294,411, and the median was only $250,000.
Whats astonishing to me is that I've read musings as to whether or not Momotaro, as a koi business, has even broken even yet.
True or not, it really brings into perspective how much blood and money it takes to break into the industry and produce GC caliber fish.
And then your mind wonders off onto domestic production here in the US, and just think bless your heart to the domestic breeders giving it a run...
very beautiful koi - great pattern, skin, and no doubt the sumi will improve - but I don't think the body is that great. 220k really seems hard to justify. I have no problem spending more for quality, and if that's what the buyer budgeted or at least was willing to pay then fine. Personally I'd have wanted a lot more bang for my buck than potential.
I was just visiting/talking with a trusted dealer here in the San Jose area an hour or so ago. This topic came up, and he too couldn't believe the price for this fish due to the lack of strong bone structure. He felt it should have valued at one zero less, due to that fact alone.
Mike
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Do you have an original link to show the auction price? I want to show it to my sister, because she never believes me that people will even spend $5000 on a fish. I can't seem to find it on google.
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