A Chinese bunissessman has paid a world record $398,500 for a Belgian pigeon, highlighting Asia's huge and growing intrest in racing birds.
The one-year-old award-winning pigeon named Bolt was bred by Belgian pigeon fancier Leo Heremans, a well-known name to pigeon enthusiasts, who sold his entire collection of 530 birds for 4.3m euro at an auction over the weekend.
"You can compare it to artwork. A painting made by Picasso is worth more than one made by an unknown artist. It's the same with this pigeon," Nikolaas Gyselbrecht of pigeon aution site PIPA said.
Because the bird was still young, its new Chinese owner could use it for breeding for atleast another 8 years, Gyselbrecht said.
Although the event attracted intrest from 27 countries, nine of 10 most expencive racing pigeons sold at the auction were purchased by clients from China and Taiwan, PIPA said.
Reuters
The one-year-old award-winning pigeon named Bolt was bred by Belgian pigeon fancier Leo Heremans, a well-known name to pigeon enthusiasts, who sold his entire collection of 530 birds for 4.3m euro at an auction over the weekend.
"You can compare it to artwork. A painting made by Picasso is worth more than one made by an unknown artist. It's the same with this pigeon," Nikolaas Gyselbrecht of pigeon aution site PIPA said.
Because the bird was still young, its new Chinese owner could use it for breeding for atleast another 8 years, Gyselbrecht said.
Although the event attracted intrest from 27 countries, nine of 10 most expencive racing pigeons sold at the auction were purchased by clients from China and Taiwan, PIPA said.
Reuters
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