World's most expensive sheep has just been purchased for $490,000
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 but $13,000).
A bidding war drove up the price until an agreement was reached for the sheep to be shared between three farms.
"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."
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.