• All Share : 48202.91
    UNCHANGED0.00%
    Top 40 : 3883.52
    UNCHANGED0.00%
    Financial 15 : 14104.45
    UNCHANGED0.00%
    Industrial 25 : 57932.00
    UNCHANGED0.00%

  • ZAR/USD : 11.0112
    UP 0.13%
    ZAR/GBP : 17.6787
    UP 0.18%
    ZAR/EUR : 13.9192
    UP 0.08%
    ZAR/JPY : 0.1027
    UP 0.07%
    ZAR/AUD : 9.6488
    UP 0.11%

  • Gold : 1243.2600
    UP 0.12%
    Platinum : 1266.0000
    UP 0.32%
    Silver : 17.2235
    UP 0.19%
    Palladium : 770.2500
    UP 0.42%
    Brent Crude Oil : 84.550
    DOWN -0.19%

  • All data is delayed by 15 min. Data supplied by I-Net Bridge
    Hover cursor over this ticker to pause.

Thu Oct 23 07:10:24 SAST 2014

Most expensive dog in the world sells for two million dollars

AFP, TimesLIVE | 19 March, 2014 08:37
This photo shows a pedigree Tibetan mastiff puppy on display at a dog show in the town of Daxing near Beijing. The animals which have now become the world's most expensive are much prized in China where owning one is seen as a status symbol and a coal baron in northern China recently purchased one for ten million yuan (about 1,500,000 USD).
Image by: AFP PHOTO/Mark RALSTON

A Tibetan mastiff puppy has been sold in China for almost $2 million, a report said Wednesday, in what could be the most expensive dog sale ever.

A property developer paid 12 million yuan ($1.9 million) for the one-year-old golden-haired mastiff at a "luxury pet" fair Tuesday in the eastern province of Zhejiang, the Qianjiang Evening News reported.

"They have lion's blood and are top-of-the-range mastiff studs," the dog's breeder Zhang Gengyun was quoted as telling the paper, adding that another red-haired canine had sold for 6 million yuan.

Enormous and sometimes ferocious, with round manes lending them a passing resemblance to lions, Tibetan mastiffs have become a prized status symbol among China's wealthy, sending prices skyrocketing.

The golden-haired animal was 80 centimetres (31 inches) tall, and weighed 90 kilograms (nearly 200 pounds), Zhang said, adding that he was sad to sell the animals. Neither was named in the report.

"Pure Tibetan mastiffs are very rare, just like our nationally treasured pandas, so the prices are so high," he said.

One red mastiff named "Big Splash" reportedly sold for 10 million yuan ($1.5 million) in 2011, in the most expensive dog sale then recorded.

The buyer at the Zhejiang expo was said to be a 56-year-old property developer from Qingdao who hopes to breed dogs himself, according to the report.

The newspaper quoted the owner of a mastiff breeding website as saying that last year one animal sold for 27 million yuan at a fair in Beijing.

But an industry insider surnamed Xu told the paper that the high prices may be the result of insider agreements among breeders to boost their dogs' worth.

"A lot of the sky-high priced deals are just breeders hyping each other up, and no money actually changes hands," Xu said.

Owners say the mastiffs, descendants of dogs used for hunting by nomadic tribes in central Asia and Tibet, are fiercely loyal and protective.

World's most expensive dog breeds

According to FoxNews  the most popular are not necessarily the worlds most expensive dog breeds, but luxury dogs rate quite prominently.

The question of  popularity and expense are rated geographically and annually.

So what  actually makes dogs expensive: Purity of breed and or their rarity make dogs extremely expensive;

Sired by a prize winners, and seemingly is a dog is  spotted with a celebrity  that  send the price tag  through the roof.

Here's a list of some of the most expensive dogs:

  • Japanese Akita:  $1,500 – $4,500 
  • Bearded Collie:  $1,000 -  $5,000
  • Pharaoh Hound:  $2,500 – $6,500
  • Tibetan Mastiff:  $2,200 – $7,000
  • Rottweiler:  $2,000 – $8,000
  • Chow Chow:  $3,000 – $8,500
  • English Bulldog: $2,500 – $9,000
  • Samoyed:  $4,000 – $11,000
  • Cavalier King Charles Spaniel: $1,000 – $14,000
  • German Shepherd: $3,000 – $24,000

SHARE YOUR OPINION

If you have an opinion you would like to share on this article, please send us an e-mail to the Times LIVE iLIVE team. In the mean time, click here to view the Times LIVE iLIVE section.