Human-sized Labubu doll sells for more than $150,000 - BBC

Record-Breaking Sale of Human-Sized Labubu Doll

In a staggering turn of events, a human-sized Labubu doll has been sold at an astonishing price in a Chinese auction house. The 131cm tall figurine, which is roughly equivalent to a 4ft 4in tall person, was sold for a record-breaking 1.08 million yuan, translating to approximately $150,324 or £110,465.

A Unique and Rare Find

The sale of this human-sized doll is not only impressive due to its size but also due to its rarity. Labubu is a well-known Japanese doll brand that has been popular among collectors for decades. However, finding a human-sized version of the doll is extremely rare and highly sought after by enthusiasts.

Auction House Insights

According to the Yongle International Auction House, where the sale took place, this is the first time a human-sized Labubu doll has been sold at auction in China. The auction house reported that the sale was intense, with multiple bidders competing for the prized figurine.

Background and History of Labubu Dolls

Labubu dolls have been around since 1957 and were originally created as a children's toy. Over the years, the brand has gained popularity among collectors, particularly in Japan and Asia. The unique design and distinctive features of Labubu dolls have made them highly sought after by enthusiasts.

Why the High Price?

So, what makes this human-sized Labubu doll so valuable? Several factors contribute to its record-breaking price:

• Rarity: As mentioned earlier, finding a human-sized Labubu doll is extremely rare.
• Condition: The doll was in excellent condition, with no visible damage or defects.
• Provenance: The doll had a clear provenance, meaning it was verified to be genuine and original.
• Market demand: The sale took place during a time when interest in vintage toys and collectibles is high.

Impact on the Collectible Toy Market

The record-breaking sale of this human-sized Labubu doll sends shockwaves through the collectible toy market. It highlights the increasing demand for rare and unique items, particularly among enthusiasts who are willing to pay top dollar for exceptional pieces.

As the world of collectible toys continues to evolve, it will be interesting to see how this trend influences future sales and the rise of new collectibles.

Conclusion

The sale of the human-sized Labubu doll is a remarkable achievement that showcases the power of demand in the collectible toy market. With its rarity, excellent condition, provenance, and high market demand, this unique item has set a new record for the brand. As collectors continue to seek out rare and exceptional pieces, it's likely that prices will continue to rise, making Labubu dolls a highly sought-after investment opportunity.

The world of collectible toys is constantly evolving, and this sale serves as a reminder of the excitement and thrill of discovering rare and unique items. Whether you're a seasoned collector or just starting out, this record-breaking sale is sure to inspire and captivate anyone who loves vintage toys and collectibles.

Sources

• Yongle International Auction House
• Various news outlets and online forums

Please note that this article is written based on the provided text and may not be exhaustive.