Most expensive rice cake is decked with gold and diamonds to celebrate the Year of the Rabbit


The Chinese in the Philippines sure knows how to ring in their new year in traditional values and a dash of luxury. A local savory called the Tikoy is a sweet rice cake. And to celebrate the year of the rabbit in pomp, Entrepreneur Angelito Araneta Jr’s has come up with a 24-carat edible gold leaf and 0.2-carat diamonds version for those with a sweet tooth for luxury. These gold and diamond rabbits are priced at just $485, had is just one of the 13 made by order for select rich Chinese customers for the new lunar Year of the Rabbit in the Chinese calendar. Araneta Jr. also revealed that one of his customers also ordered a two-diamond gold-encrusted rice cake priced at $2,700, making it his most expensive sale to date.
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[IBN Live]

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