5.2 Million - do people hate their money so much?

RIVERJ wrote: Exciting stuff, and this one a genuine sale

Titch wrote: Money was no object when the super-rich faced off on Friday night in a challenge to buy Africa’s biggest buffalo cow.

But in the end, Cyril Ramaphosa was beaten by Jaco Troskie, son of Bloemfontein film ­magnate Boet Troskie, who paid a record R20 million for the buffalo cow – and her calf – at a game auction near Rustenburg.

Ramaphosa bid up to R19.5 million, but ­decided to call it a day at that point.

Earlier, as the figure approached R10 million, most of the bidders, who arrived in flashy cars and as many as 10 helicopters, started to quit.

That left only three big guns – Ramaphosa, Troskie and Peter Bellingham, who paid a record R18 million for a buffalo bull called ­Senatla last year.

Approximately 2 000 onlookers and prospective buyers burst into applause when the bidding reached the R18 million mark.

But in the end, with a single, almost unobtrusive, ­gesture, Troskie indicated he would raise ­Ramaphosa’s bid by another half a million rand. Deal done.

Now he is the proud owner of the biggest buffalo cow in captivity anywhere in the world, and her calf.

Seller Piet du Toit burst into tears when the auctioneer’s hammer came down.

“I put up for sale the animal with the best genes and hoped for the best, but this exceeds my wildest expectations,” Du Toit said.

The auction was held on Du Toit’s farm and about 250 animals were sold.

LSU wrote: It's clear that Mr Du Toit values pedigrees and best of breed for longer term progeny returns or value from the sale of a proven performer, once established.

Pretty sure this horse will never get cut, no matter what.

the good wrote: Well done to Kuda who do a lot of business with these game farmers and got them involved.
This Business needs every buyer it can find. We know they have little chance of recouping their money but they do it for the excitement and all types of other reasons.
Bottom line is without the horse buyers , where is racing???