Someone explain this to me.... "Tuna fetches ¥193 million in New Year's auction"

Discussion in 'The Tiki Bar' started by Boat Guy, Jan 16, 2020.

  1. Boat Guy

    Boat Guy Well-Known Member

    https://www.japantimes.co.jp/news/2020/01/05/national/tuna-new-years-auction-tokyo-toyosu-market/

    https://www.npr.org/sections/thesal...-tuna-great-for-publicity-bad-for-the-species

    Kiyoshi Kimura, who calls himself the “Tuna King,” purchased a 608-pound bluefin tuna at a New Year’s auction at the Toyosu fish market in Tokyo earlier this week

    Kimura, who made the purchase on Jan. 5, purchased the gargantuan tuna for 193 million yen, which is currently worth about $1,780,811,

    "bluefin tuna big enough to serve up about 10,000 pieces of sushi"

    So, putting aside for a second the ethical issues of a vulnerable species, the math works out to about $178 / piece .....That's just the fish costs....Who the hell is buying sushi at these price points?
     
  2. JimT

    JimT Well-Known Member GOLD Sponsor

    Jul 7, 2009
    Charlotte, NC- LKN
    2010 330 Sundancer
    T-350mags w/BIIIs & Axius, 5.0 kw Kohler
    Same guy does this every year for the publicity.
     
  3. bobeast

    bobeast Dance the Tide SILVER Sponsor

    Oct 22, 2017
    Isleton, CA
    2002 310DA
    350 MPI w/V-drives
    That's just silly. Wholesale Tuna only runs about $20 / pound, and even that's silly.
     
  4. JimT

    JimT Well-Known Member GOLD Sponsor

    Jul 7, 2009
    Charlotte, NC- LKN
    2010 330 Sundancer
    T-350mags w/BIIIs & Axius, 5.0 kw Kohler
    Tuna in japan is like caviar. It's graded to extremely high standards. The guy who bought that fish will sell minuscule amounts to uber rich Japanese for insane dollars. The tuna fish you bought at Krogers is not the same.
     
    b_arrington, scoflaw and RBB like this.
  5. bobeast

    bobeast Dance the Tide SILVER Sponsor

    Oct 22, 2017
    Isleton, CA
    2002 310DA
    350 MPI w/V-drives
    Fair enough. I guess that's why they call it "stupid money"
     
  6. Boat Guy

    Boat Guy Well-Known Member

    I'm from Hawaii, if you want to explain to me how the tuna off Japan is better than the tuna in the middle of the Pacific and bought off the boat, I'm all ears. If the uber rich in Japan want to believe it's worth it, more power to them....There was a time when people would sell 12 acres of land for a single tulip bulb (wikipedia).
     
  7. Justin1982

    Justin1982 Member

    55
    Dec 27, 2019
    Shelby Township, MI
    1984 unknown and will update when I can confirm
    305 228
    A better question is.... Why aren't we catching tuna and selling it to rich Japanese peeps?!?
     
  8. Creekwood

    Creekwood Well-Known Member GOLD Sponsor

    Apr 26, 2009
    Oakville and Georgian Bay, Ontario
    '97 330 Sundancer, Raymarine C80 suite with radar, Mercury 310 Hypalon w/8hp Yammie 2stk
    2X 454 carbs w/ vDrives
    I think you are. I think almost all of the Bluefin caught by the US and Canada goes to Japan.
     
  9. scoflaw

    scoflaw Well-Known Member

    Aug 10, 2011
    cape cod mass, cape coral fl
    1999 Powerquest legend 260 sx
    502 mpi Bravo 1
    Tuna is graded fish by fish for it's fat content. Tuna that's B+ and better melts in your mouth. The tuna we catch off the coast of New England sticks in your throat and suitable for cat food. $10 a pound is about the usual value.
     
  10. b_arrington

    b_arrington Well-Known Member GOLD Sponsor

    Feb 21, 2007
    Setauket, NY
    2018 Back Cove 34
    Cummins QSB 6.7 480
    It’s a status thing for rich Japanese. Plus it’s not the normal tube we see in the fish case.

    it’s roughly the equivalent of people going to Vegas and ordering bottle service at a club. $2000 per bottle of vodka or champagne that you can get in the store for $60 or $100. Order multiple bottles that are poured out or opened and unused. Conspicuous consumption as a status symbol.
     
  11. FastMarkA

    FastMarkA Active Member

    300
    Jul 12, 2010
    Chicago
    2015 Sunseeker Portofino 40
    Volvo Penta D6-330
    ^^ This right here.

    It's similar to the shark fin soup elitism in China, or buying ground chuck versus A5 Wagyu.
     

Share This Page

Show Sidebar