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To answer both questions, IIRC it's more of a symbolic (and probably marketing related) thing, not really reflective of market prices.
by noodle 7y ago
To answer both questions, IIRC it's more of a symbolic (and probably marketing related) thing, not really reflective of market prices.
- sevencolors 7y agoAccording to the high bidder he does it on purpose to generate marketing and good luck > In Japan, paying more than half a million dollars on a single fish is considered good luck for business (and also comes with a round of free publicity). https://qz.com/878980/a-japanese-sushi-chain-owner-just-bought-a-600000-tuna-at-tsukiji-fish-market-for-good-luck/ https://qz.com/878980/a-japanese-sushi-chain-owner-just-boug...
- tyre 7y agoThe real marketing geniuses are the fishmongers then.