NONTHABURI, THAILAND - Everyone’s favorite smelling fruit is once again making waves in Asia for its rare varieties selling at exorbitant prices. You may have read our article back in March about a durian that sold for $1,000 and thought, ‘big whoop, I’ve spent more for less.’ But ladies and gents, that’s small potatoes, because reports have surfaced of a durian fruit that sold for 1.5 million baht ($48,000 USD) at an auction in Thailand.

The durian was hand-selected for its perfect shape, size, and ripeness, and is of the Kanyao variety—one of the rarest in the world because it was almost completely wiped out after a mass flood. This year’s prize durian smashed last year’s record of an 800,000 baht durian that was sold at the King of Durian festival, according to Channel News Asia.

The glamorous auction, which featured models parading the fruit around, showcased several durian varieties, including Monthong, Kanyao, and Kop Med Tao—each sold for more than 300,000 baht (for comparison, whole durian typically sell in Thailand for around 500 baht). After all was said and done, the auction brought in a total of 4.5 million baht in proceeds, which are to be passed back to the farmers and donated to local charities.

''I knew this was a very special durian but I was amazed at how much it sold for. I was expecting one million baht, so for it to sell more is very good,” said Maliwan Han Chai Thai, the Owner of the farm where the prized durian was grown. ''I hope the high bidder enjoys eating the durian. This variety is the tastiest in the world and we will keep growing them.''

All I can say is, for $48,000 that fruit better sing and dance, too.

AndNowUKnow will keep you informed about the wide world of crazy expensive produce.