Bluefin Fish Sells for Unprecedented Bid of 3.2 million dollars at Japanese Capital Auction

A large bluefin tuna on display at a fish market auction
The winning bidder is a prominent presence at the traditional event.

A substantial Pacific bluefin tuna made headlines at the Toyosu fish market this Monday, achieving a record-breaking bid of 510.3 million yen (3.2 million US dollars; £2.4m) during the venue's inaugural auction of the new year.

The top offer for the 243kg fish was submitted by the operator of a well-known sushi chain, which manages restaurants throughout Japan and abroad.

"The first tuna heralds good luck," remarked the business owner, a notable figure at the yearly January sale.

Known as the King of Tuna, this entrepreneur is noted for making substantial bids for bluefin tuna at these high-profile January auctions.

Bidding Surprise and Record-Setting Precedent

Following the auction, the winner admitted to the press that he was "astonished at the amount," noting, "I had thought we would be able to acquire it a little for less, but the price escalated rapidly."

This new purchase tops his previous record purchases:

  • He secured a tuna for 56.5 million yen away in 2012.
  • He spent 155 million yen in 2013.
  • In 2019, he won a tuna for 333.6 million yen ($2.1 million).

Even after previously saying that he thought he "overdid it," he has now gone on to surpass his own record yet again.

A Tradition of Exorbitant Bids

The opening auction at the Toyosu fish market is typically known for exorbitant prices. Last year, the first tuna was purchased for 207 million yen by a separate food company, which stated the fish would be featured at its eateries nationwide.

The frenetic atmosphere at the fish market during these pre-sunrise auctions has transformed into a major tourist attraction in Tokyo. Monday's auction, which commenced around 05:00 local time, was no exception.

From Auction to Plate

The multi-million-dollar tuna was quickly prepared for diners at the entrepreneur's sushi chains immediately after the auction was finished.

"I sense like I've begun the year in a good way after consuming something so lucky as the year gets underway," said one satisfied patron.

Paul Taylor Jr.
Paul Taylor Jr.

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