http://www.digitaljournal.com/article/148402

Would You Pay $14,000 for A Handful of Green Tea?

Posted Mar 24, 2007 by Chris V. Thangham

http://www.amazing-green-tea.com/green-tea-and-dragonwell.html

A Chinese man pays $14,000 dollars for 200 grams Dragonwell or Lung Ching Green tea. When the Dragonwell tea is steeped in water produces a yellow green color, rich flavor and aroma. It is considered the best of all Chinese teas.
According to the Chinese state news agency Xinhua, a Chinese man recently pay 14,000 US dollars for just 200 grams of West Lake Dragonwell Tea.
Dragonwell tea
is also known as longjing or Lung Ching tea, these are special tea leaves and are pan fried in a Wok to stop the drying of leaves and to retain the flavor and taste. Even the Green tea of China is pan fried also for the same reasons. When the Dragonwell tea is steeped in water produces a yellow green color, rich flavor and aroma. It is considered the best of all Chinese teas in the market and is harvested only once a year in spring. They say earlier the harvest time, the higher the quality. And they are immediately pan fried to keep that freshness quality retained. In other words it is high prized not for everyone.
In a recent auction in the International Tea Expo Exhibition held in West Lake, or Xi Hu in Zhejiang Province, China, the man in the picture won the auction for 200 grams of Dragonwell tea for $14,000.
They also have a festival where they show their frying skills and only the skilled participate. They have to be do it with hand movements as shown below and requires special skill to cook them properly to retain the teas special aroma flavors.
According to a local expert, one kilogram of Dragonwell tea used to cost 5 Yuans (US$0.67) in the 70s. Now, one kilogram of high grade Dragonwell tea costs 6,000 Yuans (US$ 800).
This guy seems to be happy to get this 200 grams for such a high price. Maybe the tea is worth it.