
CNN
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A rare, first-generation Labubu figure has sold for $150,000 in Beijing at an auction held exclusively for the toys that have taken the world by storm.
The 131-centimeter (51-inch) mint green figurine with a gremlin-like appearance, sharp teeth and puckish grin went for 1.08 million yuan ($150,325) at the Yongle International Auction house that normally specializes in selling jewelry and modern art.
“Congratulations to the online buyer on collecting the world’s only such one,” said the auctioneer at an exhibition center in downtown Beijing on Tuesday afternoon.
Labubus are currently the trendiest plush toys on the planet, created by…