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Originally Posted by reefsquater
...It's the first fish of the new year that gets bid up each yer. This year, 1.7 million is over well over last year. It's a marketing and status fish...
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reefsquater is correct. It's only the first fish, almost always caught off of Japanese coast.
The guy who bought it will lost money on this fish since no way in hell he could sell it for what he paid, but the marketing side of the deal makes it worthwhile and he'll make that money back within a few month, then some more.