A bird in the hand is worth $1.9 million in the bank.
That’s the sky-high sum that a prized Belgian racing pigeon named New Kim fetched at auction on Sunday, setting a new world record.
Two Chinese bidders, operating under the pseudonyms Hitman and Super Duper, battled for the bird as the two-week auction wound down early Sunday, with Super Duper coming out on top.
Behind the moniker is believed to be the same deep-pocketed, anonymous Chinese industrialist who set the previous record last year by plunking down $1.4 million for Armando, another champion racing pigeon.
“These record prices are unbelievable, because this [New Kim] is a female. Armando was a male,” said Nikolaas Gyselbrecht, CEO and founder of auction holder Pipa. “Usually a male is worth more than a female because it can produce more offspring.”
If New Kim’s new owner is indeed the same buyer, they could make like lovebirds to combine their championship pedigree.