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World's most expensive sheep sold more than 拢350,000

The sheep having its head held upImage source, Texel Sheep Society
Image caption,

The new owners of the record-breaking sheep hope to recoup their investment through breeding

The World's most expensive sheep has been sold.

In an auction at the Scottish National Texel Sale in Lanark, a Pedigree Texel ram lamb called Double Diamond was sold for 拢367,500.

Yes, 拢367,500

One of the buyers, Jeff Aiken, said, "he is the best lamb I have ever seen."

Three sheep farmers clubbed together to buy the sheep, and they plan on making their money back through breeding - in other words, they hope Double Diamond will have lots of children who will also be worth lots of money.

Why would someone pay so much for a sheep?

Media caption,

World's most expensive sheep sells at auction

Texel sheep are known to be very expensive as they produce good quality meat and wool.

Originally they are from an island in the Netherlands, and have a history of being a little bit on the pricey side.

In 2009 another sheep was sold for 拢230,000, which was the previous record.

Image source, Getty Images

The starting price for Double Diamond was only 拢10,000.

However, lots of people wanted him and a bidding war soon started and it was settled by a group of farmers willing to pay an enormous 拢367,500.

Jeff Aiken one of the buyers said: "He is the best lamb I have ever seen - so correct on his legs, bright, with a great top. He's got it all."

He also said that spending this amount of money on a sheep was a 'one off' and shouldn't be a reflection on the farming community.

What do you think is this a ridiculous price for a sheep? Let us know in the comments!