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A single fish sells for nearly three-quarters of a million dollars

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TOKYO — This tuna is worth savoring: It cost nearly three-quarters of a million dollars.

 

A bluefin tuna caught off northeastern Japan fetched a record 56.49 million yen, or about $736,000, Thursday in the first auction of the year at Tokyo's Tsukiji fish market.

 

The price for the 593-pound tuna beat last year's record of 32.49 million yen or about $416,000. The price translates to $1,238 per pound — also a record, said Yutaka Hasegawa, a Tsukiji market official.

 

:shock:

 

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hey if thats what the market values it at, so be it...

 

That may be the case, but from a business perspective who has the cash to make that sort of purchase and how is it possible to even get a return on your money unless he's charging $100 per peice...figure you can only charge that for a small amount of the fish (the belly area) anyway. Not sure how it even makes any financial sense... :huh: Obviously there is more to it than what we're reading...sounds like a damn tuna racket going on.

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That may be the case, but from a business perspective who has the cash to make that sort of purchase and how is it possible to even get a return on your money unless he's charging $100 per peice...figure you can only charge that for a small amount of the fish (the belly area) anyway. Not sure how it even makes any financial sense... :huh: Obviously there is more to it than what we're reading...sounds like a damn tuna racket going on.

 

Sushi is very thin and when you are talking grams per piece you will make a big return... 28g's to an once... This is high fat sushi and will be served with other things on a platter and the chef will determine a price on said dish and there are plenty of people who would pay big money to eat it...

 

Beluga Caviar goes for $1300.00 to $2000.00 for 250 grams... 8.5oz People will pay trust me. :)

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Fly by Night is sorta right, the fish sold nowhere near what the guy charged at his restaurant.

The first auction of the year is an event.

The super rich bid for the bragging rights in a way.

 

If you read the whole article, you'll see that the high bidder took a beating financially.

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Fly by Night is sorta right, the fish sold nowhere near what the guy charged at his restaurant.

The first auction of the year is an event.

The super rich bid for the bragging rights in a way.

If you read the whole article, you'll see that the high bidder took a beating financially.

 

Thats what they say to keep the people at bay.. They make money, oh they make money.

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Thats what they say to keep the people at bay.. They make money, oh they make money.

 

Don't tell me, I did the math, he took a bath on this fish.

 

Cost him like $75/oz and he sold it at $5/oz., but he owns a tony chain of restaurants, so the publicity is great.

 

Rusty, I think you're pedunculated, dude.

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