The highest price ever paid for wool is A$10,300 ($7,923.23; £5,047) per kg (2lb 3 oz) on 11 January 1995, when Aoki International Co. Ltd of Yokohama, Japan bought a bale of extra superfine wool with an average fibre diameter of 13.8 microns at an auction at Geelong, Victoria, Australia.

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History of Auctioneering

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