World's most expensive sheep sold at R7.9 million in auction

- The sheep called Double Diamond was sold on Thursday, August 27, at the Scottish National Texel Sale in Lanark

- The initial price of the lamb was R229 892.81 but it kept rising dramatically until it hit R7.9 million

- The money was raised by three bidders who collaborated to win the competition and set a new record

- The sheep that was holding the record was sold in August 2019 at R5 103 356.72

A sheep in Scotland has finally been sold at a staggering R7 969 617.33 after a highly competitive auction that kept on rising from R229 892.81.

The sheep called Double Diamond was sold on Thursday, August 27, at the Scottish National Texel Sale in Lanark.

According to The Independent, bidders engaged in a fierce competition for the better part of Thursday with each trying to secure ownership of the coveted sheep.

The initial price of the lamb was KSh 1.5 million but it kept rising dramatically until it hit R7.9 million.

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The money was raised by three bidders who collaborated to win the competition and take the sheep home.

The final bid set a new UK and world record price for a sheep, according to a statement on the Texel Sheep Society’s website.

The sheep that was holding the record was sold in August 2019 at R5 103 356.72.

Double Diamond, which was sold by Charlie Boden from Cheshire, is an embryo-bred lamb.

"An embryo bred lamb is a lamb which is the result of embryo transfer (a form of IVF) in livestock in which the female animal is artificially inseminated and then embryos collected from her six days later and implanted into surrogate mothers." explained an official from Texel Sheep Society as quoted by The Independent.

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Source: Briefly News