Solid-gold Christmas tree selling for $4.2M
You won't believe what's featured on this 88-pound art piece.
The humble Christmas tree has come a long way. Behold the solid gold Christmas tree, now selling for $4.2 million in Japan.The tree is on display at the Tokyo store of Ginza Tanaka, a Japanese jeweler that specializes in gold, Nippon News reports. It has a Disney (DIS) theme, and features 50 Disney characters on the tree's three tiers. Mickey Mouse ears adorn the top and can be spotted throughout the rest of the tree.
"Walt Disney invited us to come up with something special," the jeweler's marketing manager, Nick Mizuki, told MarketWatch. "They are pushing the concept of selling Disney items for adults."
The tree is 88 pounds of gold, and is more than 7 feet tall. It was created over two months with involvement from 10 artisans.
A Disney tree would certainly create an unusual statement. But you can get a luxury artificial tree for far less. Retailer Balsam Hill sells a 7.5-foot, pre-wired "Centennial Fir" evergreen for $649.
The Celebrity Net Worth website thinks the solid gold tree is a great investment, especially considering that the price of gold has skyrocketed from $800 an ounce five years ago to $1,690 these days. If gold repeats this performance, the tree could be worth about $9 million in the future, writes Brian Warner.
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