Nov. 7 (UPI) -- A snow crab caught in Japan was auctioned for a record $46,000, the prefecture's fisheries association announced.
The crab fetched a high bid of $46,000 from crab seller Kanemasa Hamashita Shoten.
The company previously set a world record last year when it paid $18,300 for a crab auctioned in the same place.
"We came to this year's first auction hoping that we would bid the world's highest price again," a representative for the company told Kyodo News.
The representative said the crab is destined for a restaurant in the Ginza shopping district of Tokyo.