World’s top mink fur auction fetched a record $366 million

Forget the financial crunch or even PETA (prevention of cruelty against animals); if it is mink, it would have its fair share of takers, right? At least that’s what seems true. The world’s top mink fur auction at Copenhagen Demark earned $366 million by selling four million mink pelts. Denmark is the leading producer and exporter of several kinds of fur around the world, which is around 40-45 percent of the mink, 60 percent of the chinchilla, and 10 percent for fox. But this year, not just the Danish Kopenhagen Fur benefitted thanks to one of the coldest winters in the decade, but also the Chinese markets. Talk about international appeal!