The World’s Most Expensive Sheep Has Just Been Purchased for $490,000 in Scotland

September 2, 2020 Updated: September 2, 2020

A sheep sold for a record 350,000 guineas—or around $490,000 in American money—at an auction in Scotland this week.

The lamb, named Double Diamond, had generated buzz before the Scottish National Texel sale in Lanark started, according to a news release from the Texel Sheep Society. Bidding started at 10,000 guineas (about US$13,000).

A bidding war drove up the price until an agreement was reached for the sheep to be shared between three farms.

Epoch Times Photo
A sheep sold for a record 350,000 guineas—or around $490,000 in American money—at an auction in Scotland this week. (Courtesy of Catherine MacGregor/Texel Sheep Society)

“It’s just like every other business—horse racing or the cattle business,” Jeff Aiken, one of the winning bidders, told The Guardian. “Every once in a while something special comes along and yesterday an extra special Texel turned up. Everyone wanted a piece of it.”

Texel sheep originated in Holland and are a butcher favorite, according to the Texel Sheep Society.

It is traditional for livestock to be sold in guineas at auction in the United Kingdom, and one guinea translates to about $1.40 American dollars.

The previous record for one sheep was 230,000 pounds—over $307,000 in U.S. money—for a sheep named Deveronvale Perfection in 2009.

CNN Wire contributed to this report.