Japanese mandarin oranges purchased at $9.6G for a single crate

close

Video

Fox News Go

One fruit lover in Japan has dropped a serious wad of cash to get their Vitamin C fix.

An unidentified buyer purchased a crate of mandarin oranges for 1 million Japanese yen, according to a press release from the JA Nishiuwa Agricultural Cooperative, which converts to around $9,600.

JAPAN'S LUXURY FRUIT MASTERS GROW MONEY ON TREES

The crate of 100 Nishiuwa mandarin oranges from the produce brand Hinomaru were auctioned off on Thursday at Ota Market, a central farm produce wholesaler in Tokyo. Having been kicked off at 7 a.m., the auction was the first for the season.

A 100-piece crate of mandarin orangers was sold for 1 million Japanese yen at an auction held at Ota Market. (JA Nishiuwa Agricultural Cooperative)

Nishiuwa mandarin oranges will be going into its “full-scale season” and will be shipped throughout the country until early January, the cooperative’s press release states.

BOTTLE OF YAMAZAKI SELLS FOR $795G AT AUCTION, SETS RECORD AS MOST EXPENSIVE

"This year's Nishiuwa oranges also have an excellent balance of sugar content and acidity,” said Kazuhiro Takenaka, a director at the Nishiuwa Agricultural Cooperative, in a statement.

People gathered at the mandarin orange auction held on Nov. 5, 2020 at Ota Market in Tokyo. (JA Nishiuwa Agricultural Cooperative)

The mandarin oranges grown in the Nishiuwa District of Japan are also known as satsuma mandarin oranges, which are prized for being a sweet, seedless and easy-to-peel citrus fruit, according to the 2nd-edition Dictionary of Plant Breeding.

COCA-COLA'S SURPRISING NEW FLAVOR IS 'SUPER DIFFICULT TO TRACK DOWN'

These oranges are grown and shipped from 10 locations within the Ehime prefecture, an area located in the southern island of Shikoku, which is more than 500 miles southwest of Tokyo.

Satsuma mandarin oranges are grown and shipped from 10 locations within the Ehime prefecture of Japan. (JA Nishiuwa Agricultural Cooperative)

More specifically, the 44-pound crate of Hinomaru-grown mandarin oranges that fetched the several thousand-dollar sum were raised in the coastal city of Yawatahama. The high-end fruits were also packaged in a paulownia wooden box, according to the Nishiuwa Agricultural Cooperative.

CLICK HERE TO GET THE FOX NEWS APP

Not counting the cost of its historically-significant packaging, the auctioned Hinomaru crate has a unit price that is roughly around $96 per orange.

However, this inaugural auction is far from Japan’s current record price for mandarin oranges. In June, a harvest of mandarin oranges were sold for around $966 apiece while boxes of 25 sold for around $2,4932, according to Nippon.com – a national news outlet.

CLICK HERE TO SIGN UP FOR OUR LIFESTYLE NEWSLETTER

Mandarin oranges were the most harvested fruit in Japan from 2016 to 2017 with hundreds of thousands of tons produced, according to a report issued from the Japanese Statistics Bureau last year.