Showing posts with label auction. Show all posts
Showing posts with label auction. Show all posts

Saturday, January 12, 2013

Why a $1.8 Million Dollar Tuna is Dirt-Cheap


This blog post is about a very misunderstood topic recently. Of course you heard about the tuna that was sold for a record $1.8 million dollars at the first auction of the New Year in Japan? That price of $1.8 million dollars set a record. It was the top story on all the Japanese networks, the Internet and even on TV and media across the globe: it was one of the top stories and big news all over the world. People couldn't believe that anyone would pay that much money for one fish...


This fish was huge but the chef told me that it sold for about ¥40,000 (about $454 USD)

But, my friends, that $1.8 million dollar price was dirt cheap. Those folks who bought that Tuna didn't really buy a fish, actually, they bought an advertising campaign. The tuna was a prop.

Lots of people seem to misunderstand this.

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