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Someone Dropped $61,250 on the World's Largest Truffle

Some had estimated it would fetch over $1 million.

Sabatino/Official

The world's largest truffle — which some estimated would fetch over $1 million dollars — has sold for just over $60,000According to Grub Street, the truffle, discovered in Umbria last month, was auctioned off this weekend at Sotheby's in New York City. Only 25 prospective bidders showed up to stake their claim on the nearly four pound white truffle.

Bidding started at $40,000 but eventually a buyer on the phone brought the price up to $50,000. Add in a buyer's premium of 22.5 percent and the final total for the truffle came out to $61,250. Some of that sum will go to a variety of charitable organizations including Citymeals-on-Wheels and the Children's Glaucoma Foundation.

Turns out there are some serious perks for spending thousands of dollars for a truffle: The fungi will be flown to the anonymous buyer in Taiwan with its own chaperone.

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