A Tibetan mastiff puppy has been sold in China for almost nearly £1.2million, smashing the previous confirmed record for the world’s most expensive dog sale.

A property developer paid 12million yuan  for the golden-haired one-year-old at a luxury pet fair in the eastern province of Zhejiang yesterday, local media reported reported.

‘They have lion’s blood and are top-of-the-range mastiff studs,’ the dog’s breeder Zhang Gengyun told the Qianjiang Evening News, adding that another red-haired canine had sold for 6million yuan.

Enormous and sometimes ferocious, with round manes lending them a passing resemblance to lions, Tibetan mastiffs have become a status symbol among China’s wealthy.

The record-breaking animal was 31in (80cm) tall, and weighed 90kg, Mr Zhang said, adding that he was sad to sell the dogs. Neither was named in the report.

‘Pure Tibetan mastiffs are very rare, just like our nationally treasured pandas, so the prices are so high,’ he said.

One red mastiff named Big Splash reportedly sold for 10million yuan (£971,000; $1.5million) to a coal baron from the north of China in 2011, in the most expensive dog sale then recorded.

Not only is red considered a lucky colour, but Tibetan mastiffs are thought to be holy animals, blessing their owners’ health and security.

But it seems that leonine gold now carries a higher premium among wealthy collectors of the rare breed… see more

source: dailymail UK