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$400K for a bird? WTH?

highland145

highland145

Lifer
I didn't even know there were racing birds.

Rich people...must be nice.
Flying high above Europe's economic crisis, a local lightning-fast pigeon called Bolt became the world's most expensive racing bird when his Belgian breeder sold it for 310,000 euros ($400,000) to a Chinese businessman. One-year-old Bolt, named after the Jamaican Olympic superstar sprinter Usain Bolt, and with an outstanding pedigree of proven champions to match, was the latest Belgian-bred pigeon to claim record prices. Yet it surprised anyone involved in the sport, auction house Pipa said. The previous record for a sale of a single bird stood at 250,000 euros ($322,000) from January 2012.
`'I was stunned by the prices offered, `' Pipa CEO Nikolaas Gyselbrecht said Tuesday. At a time when a crisis is holding Europe in an ever tighter grip, a feathered handful of prime fowl of some 450 grams (a pound) is reaching unparalleled levels. The full auction of the Leo Heremans coop, 530 birds in all, also yielded a world record of 4.345 million euros ($5.58 million) more than double the previous record from last year.
`'One of the reasons there is no economic impact is that buyers are spread around the globe," Gyselbrecht said. `'Over 20 countries were bidding last weekend. So if there is a crisis in one country, it might be less so in another," leveling out a downturn in Europe.
Nine of the 10 top birds went to China or Taiwan, `'and the crisis is a lot less acute there than out here," Gyselbrecht said.
On top of that, breeder Heremans is known as perhaps the best around. `'It was pretty clear something special would happen," said Gyselbrecht.
It is a combination which is increasingly popular: the breeding acumen of Belgian fanciers and the financial clout of Chinese aficionados.
Two years ago too, a world record was set when Belgium's Blue Prince went to China for 156,000 euros ($200,000). Now, the price of the best bird has doubled.
At the same time Belgium's coop owners are dwindling. Just after World War II, Belgium's pigeon federation had 250,000 members, and the sport was huge. China nowadays has some 300,000 active pigeon fanciers, barely more than Belgium in its heyday.
The difference though is that if Belgium has a population of 10.5 million, China's is the world's most populous with 1.35 billion.
From generation to generation, breeding secrets were handed over within Belgian families while racing didn't get tougher than in Belgium. Bloodlines were essential for performance, and over the weekend, Bolt's parents fetched a combined 184,000 euros ($237,000).
Yet in the 21st century, breeding pigeons is hardly sexy for today's European youngsters and Belgian fanciers have almost fallen ten-fold to some 27,000, said Gyselbrecht.
If quantity dwindles, quality doesn't, he said. `'Those who have continued, have also become much more professional."
And at the other side of the world's interest is booming in the Far East. And part of the attraction is huge prize money involved.
The birds have become so precious though, that Bolt has had his last race already, one year after being picked as Belgium's National Ace speed young birds 2012. Once in China, he'll be used for breeding only and the offspring will be used in the high-priced competitive races.
`'He's had his last competitive flight already," said Gyselbrecht.
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Number+5.jpg
 
Pigeon racing seems like a fun hobby, but that's a bit out of my price range. I should take up falconry, and rent my services out to people who race pigeons. I could guarantee wins for any bird they put in the race. It's the economical choice :^D
 
highland145 said:
Is that the bird after he raced into an oncoming truck?
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I instantly recognized it as a "painting" by American artist Jackson Pollock. I guess the paint reply was meant to express people will pay shit tons of money for anything, even when it doesn't make any sense what so ever. To many people, that painting doesn't make sense, but it was auctioned for $140 million.
 
Baked said:
I instantly recognized it as a "painting" by American artist Jackson Pollock. I guess the paint reply was meant to express people will pay shit tons of money for anything, even when it doesn't make any sense what so ever. To everyone, that painting doesn't make sense, but it was auctioned for $140 million. But some people pretend it makes sense to look smarter than they are
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FTFY.
 
SphinxnihpS said:
Number+5.jpg
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Saw one at the Gugenheim last summer. They're actually pretty amazing when you really look at them. Sure, he's just splashing paint, but it takes a lot of skill to do it like that. If I just splashed paint, there'd be a couple blobs, and that's it.
 
jaedaliu said:
Saw one at the Gugenheim last summer. They're actually pretty amazing when you really look at them. Sure, he's just splashing paint, but it takes a lot of skill to do it like that. If I just splashed paint, there'd be a couple blobs, and that's it.
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jlaw-okay.gif
 
that 400k purchase will probably make him a bunch more than that. hence why he has 400k to spend on a bird while "we" knock him from an online forum.
 
jaedaliu said:
Saw one at the Gugenheim last summer. They're actually pretty amazing when you really look at them. Sure, he's just splashing paint, but it takes a lot of skill to do it like that. If I just splashed paint, there'd be a couple blobs, and that's it.
Click to expand...

i see jesus
 
I'm too lazy to dig up that plain blue painting with 1 white line that got sold for $3 mil+ just last week.

At least Pollock spent some effort into his work.
 
I didn't know this sport existed. I see these flying rats everywhere, I should hold some time trials.

By the bread crumb and the pellet gun I will mold you into champions.
 
Baked said:
I instantly recognized it as a "painting" by American artist Jackson Pollock. I guess the paint reply was meant to express people will pay shit tons of money for anything, even when it doesn't make any sense what so ever. To many people, that painting doesn't make sense, but it was auctioned for $140 million.
Click to expand...
well if you're a billionare and into bird racing it makes sense though. The painting is useless regardless.
 
Murloc said:
well if you're a billionare and into bird racing it makes sense though. The painting is useless regardless.
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I guess.

In 10 years, the painting may be worth $200 million. As an investment, or at least a storehouse of value, the painting does make some sense.

In 10 years, the bird will be worth what?
 
Baked said:
I instantly recognized it as a "painting" by American artist Jackson Pollock. I guess the paint reply was meant to express people will pay shit tons of money for anything, even when it doesn't make any sense what so ever. To many people, that painting doesn't make sense, but it was auctioned for $140 million.
Click to expand...

140mil? holy shit, it looks like a dropcloth from a busy painting co. used...
 
Apex said:
I guess.

In 10 years, the painting may be worth $200 million. As an investment, or at least a storehouse of value, the painting does make some sense.

In 10 years, the bird will be worth what?
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The bird will be worth 10 birds, or more, or less. I don't know how often birds reproduce.
 
Apex said:
I guess.

In 10 years, the painting may be worth $200 million. As an investment, or at least a storehouse of value, the painting does make some sense.

In 10 years, the bird will be worth what?
Click to expand...

Ahhh, you forget that he/she can be bred and the offspring sold for big$$$
 
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