A hundred year old wild ginseng was sold for 1.88 million yuan (~ USD250,000) in an auction in Guangzhou, China, on November 6.

$250,000 wild ginseng
Models showing the US$250,000 ginseng (Image courtesy of Dayoo)

Ginseng is a precious herb widely used in Chinese and Korean medicine.

USD250k seems like an outrageous price for a piece of ginseng, but it’s not the most expensive wild ginseng ever sold… a 300-year-old ginseng was sold for USD400,000 back in August 2007.


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