Saudi Falcons Club auction sales soar to $1.6m

Saudi Falcons Club auction sales soar to $1.6m
The proceeds from the auction will go toward supporting investment in falcons (SPA)
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Updated 07 November 2023
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Saudi Falcons Club auction sales soar to $1.6m

Saudi Falcons Club auction sales soar to $1.6m

Riyadh: Sales at the fourth Saudi Falcons Club auction exceeded SR6 million ($1.6 million), the Saudi Press Agency reported.

The auction was launched at the club’s Malham headquarters near Riyadh on Oct. 1 and will continue until Nov. 15.

Four falcons were sold for SR319,000, bringing the sales total so far to SR6,004,000, the SPA said on Monday.

The proceeds from the auction will go toward supporting investment in falcons, holding further auctions, and organizing the buying and selling processes.

Organizers said that the event aims to promote the country’s falconry heritage and support related cultural and economic activities, while also offering opportunities to invest in a field that has helped support the development of the national economy.

Earlier, two peregrine falcons stole the show at auction, fetching record sale prices of SR300,000 and SR250,000.

During the club’s first auction in 2020, 102 falcons were sold over 20 days, with total sales exceeding SR10 million. At the second auction, 95 falcons were sold for a combined SR8.3 million, and during the third, 81 birds sold for more than SR7 million.