Next year’s entire harvest from a 410-year-old tea tree was bought for 600,000 yuan ($92,000) at an auction in central China’s Hunan Province, Xinhua news agency said on its website.
It said the nearly 15 feet high tree is located in Baojing County’s Huangjin (“Gold”) Village, where over 2,000 tea trees date back to the Ming and Qing dynasties.
The tree, the oldest, is the only living plant on the province’s intangible cultural heritage list. Leaves are harvested only once a year, in April, when the next year’s harvest is auctioned off. The tree produces about half a kilogram of “golden tea” each year, Xinhua said.
It said another bidder paid for 1 kg of golden tea leaves with 1 kg actual gold at the auction.