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# Massive Luxurious Truffles
This Truffle Sold for $87,400 at the World Alba White Truffle Auction

By Joey Haar | Published 2017-11-14 | Luxury
Source: Trend Hunter, https://www.trendhunter.com/trends/alba-white-truffle-auction
References: [thedailymeal](https://www.thedailymeal.com/drink/3-white-truffles-sell-87400-italian-charity-auction) & [reuters](http://www.reuters.com/article/us-italy-truffle-auction/italys-white-truffles-feel-the-heat-at-alba-auction-idUSKBN1DC0Z1)

Italy's 'World Alba White Truffle Auction' consistently brings in big money for some of the [most impressive fungi](https://www.trendhunter.com/trends/truffle-ghee) the region has to offer, but this year's crop is among the most expensive ever. The biggest truffle at the auction sold for 75,000 euros, or approximately $87,400 American.

Thanks to a drought over the past few years, natural [white truffle production](https://www.trendhunter.com/trends/black-truffle-menu) throughout Alba has gone down, meaning that the prices of the delicacy have risen in kind. The [tremendously expensive winning truffle's](https://www.trendhunter.com/trends/president) price was thus inflated by the economic environment, though it would have earned a healthy sum in any year. The well-rounded truffle weighed in at nearly one kilogram.

The 75,000-euro truffle was discovered by local truffle hunter Piercarlo Vacchnia and his very, very good dogs Rocky and Jimmy.

## Trend Insights (Trend Hunter)

- Score: 4.1/10
- Popularity: 55% | Activity: 61% | Freshness: 8%
- Audience gender: 50% men, 50% women
- Primary generations: Gen X
- Top markets: Europe

## Categories

[Trend Hunter](https://www.trendhunter.com/trends) > [Luxury](https://www.trendhunter.com/luxury) > [Ultra Luxury](https://www.trendhunter.com/ultraluxury)

## Key Themes

### What Makes This Trend Stand Out

- **Rising Truffle Prices:** The drought in Alba has led to a decrease in natural white truffle production, driving up the prices of truffles.
- **Luxury Food Auctions:** The 'World Alba White Truffle Auction' showcases the high value and demand for luxury food items like truffles.
- **Scarcity-driven Premium Products:** Scarcity of white truffles creates an opportunity for the development and marketing of premium food products with high price tags.

### Sectors Adopting This

- **Gourmet Food Industry:** The gourmet food industry can capitalize on the rising prices of truffles by offering unique truffle-infused products and experiences.
- **Truffle Hunting and Farming:** The truffle hunting and farming industry can explore innovative methods to increase truffle production and meet the growing demand.
- **Luxury Auction Industry:** The luxury auction industry can benefit from organizing exclusive events for high-value food items like truffles, attracting affluent buyers.

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