2016 04 NAFA NEWS ENGLISH

16
NAFA NEWS AUCTION EDITION April 2016 65 SKYWAY AVE. TORONTO, ON M9W 6C7 CANADA | TEL: +1.416.675.9320 | FAX: +1.416.675.6865 | WWW.NAFA.CA · President’s Message · Upcoming Calendar of Events · Fur Futures Visit NAFA · Auction Results · April Top Lots IN THIS ISSUE:

description

 

Transcript of 2016 04 NAFA NEWS ENGLISH

NAFA NEWS AUCTION EDITION

April 2016

65 SKYWAY AVE. TORONTO, ON M9W 6C7 CANADA | TEL: +1.416.675.9320 | FAX: +1.416.675.6865 | WWW.NAFA.CA

· President’s Message· Upcoming Calendar of Events· Fur Futures Visit NAFA· Auction Results · April Top Lots

IN THIS ISSUE:

2 | NAFA NEWS

Dear Rancher,

We have just concluded our second auction of the year, in which we were able to sell 100% of our 5.2 million mink offering. This brings us to a total of approximately 7.2 million mink so far this year. As you’ll remember, we were very careful in January, and made efforts to protect the market by forwarding a large percentage of our offering to April. This decision was proven to be absolutely correct, as demonstrated most obviously by the performance of our Silvers and Unlabelled goods, which achieved advances of 15-20% over the levels we were facing in January.

To anyone attending this auction, I am sure it appeared to be a very successful sale. Certainly our turnover would suggest as much, as would the large buyer attendance and the enthusiastic bidding throughout. However, when you review the prices in this publication, you’ll see that we are not where we need to be. Although we’re proud that our sale was able to bring confidence back into the market and achieve rising prices, we are still in a difficult situation, and we continue to face a price structure that is not profitable for you, our shippers, or for us.

Our marketing team put their best efforts forward in attracting strong interest and attendance from all markets, and in that we were very successful. Not only in Toronto, where 400 buyers bid energetically and competitively from all corners of the auction room, but also throughout numerous bidding centres in major fur consuming regions in China. Our high-speed online auction service continues to allow for maximum remote participation from overseas, which was a significant factor in the success of this sale.

I would also like to acknowledge the work from our production teams all over the world in putting together a consistent, well-presented offering that combined both unsold goods from January and fresh goods into the new collection. We received many compliments from the trade in the smooth efficient flow of our catalog.

Once again, I’m very proud of our entire staff for their professional performance during our April sale, and throughout the year. No matter what is going on in the market, NAFA has always had a reputation for providing the highest level of service to both our buyers and our consignors.

We continue to foster the growth of more and more young people, in buyer and consignor services, throughout our warehouse and on the auction stand. We are committed to a viable future for our company, and professional service is an extremely important element to helping us continue to attract the maximum number of buyers to our sales.

We take our role as industry and market leader very seriously. We are happy our auction created an uptrend in the market, which has obviously continued into the next sale, and will hopefully continue going forward. We will produce a market bulletin in the very near future to explain current conditions and why these changes have occurred.

We wish you the best during whelping season.

Sincerely,

Michael D. Mengar, President & CEO

2 President's Message

NAFA's Upcoming Calendar of Events

Fur Futures Visit NAFA

3

The IFF Americas newly formed Fur Futures group had a unique chance to expand their knowledge of the fur trade by visiting NAFA during its April auction. The group was comprised of eight young people hailing from Argentina, Canada, and the United States, with diverse backgrounds including retail, manufacturing, design, and fur farming.

During their April 7 visit, they took part in a variety of activities including observing the auction, touring the warehouse, and participating in educational seminars on both mink and wild fur grading. They also enjoyed a presentation on Studio NAFA and NAFA Marketing, and participated in a Q&A period with Lumin Yao, Director of Studio NAFA, Cody Bokshowan, Creative Director, and Jennifer Charlebois, Communications Manager.

The group welcomed the opportunity to learn about NAFA’s history, as well as the auction process, the ins and outs of grading fur, and more. Overall, it was a very successful trip, with accolades about the professional presentations by NAFA staff. For more about Fur Futures, visit the International Fur Federation (IFF) at wearefur.com

NAFA NEWS | 3

• Kastoria Fur Fair: May 5 - 8• Beijing International Fashion Fur Fair: May 16 - 18• NAFA May-June Auction: May 30 - June 5 (on show May 26)

For more details, visit www.nafa.ca

4 | NAFA NEWS

April Auction 2016 - Price breakdown US$

BLACK MINK FEMALE REGULAR LONG

Grades & Naps Size 1X 1 2X 2 3 4+Offered 1.613Sale% 100

TOP 42,0000

Black 42,00 38,36 5 starSilver 33,00 32,00 4 star 22,00

3 starLabelled 36,56 36,23 Labelled 22,00VSL 28,00 34,29 30,57 VSL 19,00

Offered 36.915Sale% 98

TOP 42,000

Black 32,74 39,05 33,97 35,98 5 star 23,00 21,00Silver 30,27 26,97 4 star 20,54 17,00

3 starLabelled 32,74 35,25 33,97 32,33 Labelled 22,10 20,29VSL 28,50 31,56 24,00 26,91 VSL 19,58 18,00

Offered 163.816Sale% 96

TOP 800,001

Black 27,43 37,54 26,36 33,46 5 star 20,95 17,14Silver 28,38 24,04 4 star 18,01 14,57

3 starLabelled 27,43 34,70 26,36 30,14 Labelled 19,84 15,95VSL 25,68 27,20 21,86 23,77 VSL 18,37 13,92

Offered 213.603Sale% 98

TOP 39,002

Black 20,79 30,15 20,20 25,27 5 star 17,67 13,81Silver 23,31 18,69 4 star 14,50 10,62

3 starLabelled 20,79 28,07 20,20 22,64 Labelled 16,21 12,72VSL 20,00 22,33 18,50 18,65 VSL 15,64 10,75

Offered 72.348Sale% 97

TOP 36,003

Black 17,78 23,62 16,09 18,82 5 star 13,90 10,19Silver 16,62 15,21 4 star 12,69 8,50

3 starLabelled 17,78 21,10 16,09 17,11 Labelled 13,25 9,52VSL 15,79 16,57 15,50 15,29 VSL 11,94 8,50

Offered 488.295Sale% 97TOP 800,00

AllSizes

Offered 27.619 256.123 23.558 127.921 Offered 36.974 16.100Sale% 93 96 100 98 Sale% 100 100Labelled 22,34 30,10 21,93 25,46 Labelled 16,97 13,20

ColourAll grades &

sizes

BLK

XXD

XD

DK

33,44

25,39

26,87

22,90

ClarityAll grades &

sizes

April Auction 2016 - Price breakdown US$

BLACK MINK MALE REGULAR LONG

Grades & Naps Size 1X 1 2X 2 3 4+Offered 2.445Sale% 100

TOP 60,005X0

Black 50,00 55,46 56,09 5 starSilver 51,00 50,00 4 star

3 starLabelled 50,00 54,29 54,02 LabelledVSL 48,00 48,81 44,00 47,32 VSL 36,00

Offered 28.479Sale% 99

TOP 58,004X0

Black 48,00 56,17 44,50 49,80 5 star 36,00Silver 47,94 42,84 4 star 32,00

3 starLabelled 48,00 53,51 44,50 46,90 Labelled 34,16VSL 46,00 48,00 42,00 43,01 VSL 32,00

Offered 109.052Sale% 98

TOP 860,00000

Black 46,61 52,46 40,07 44,56 5 star 31,66 30,00Silver 44,75 36,47 4 star 29,49 27,00

3 starLabelled 46,61 50,40 40,07 41,32 Labelled 30,89 28,85VSL 41,30 44,81 39,00 37,16 VSL 28,00 25,00

Offered 135.929Sale% 99

TOP 51,0000

Black 41,73 46,40 34,48 34,82 5 star 27,91 23,40Silver 39,63 30,48 4 star 25,13 22,71

3 starLabelled 41,73 44,82 34,48 33,28 Labelled 27,06 23,14VSL 37,84 40,45 33,93 30,83 VSL 25,08 18,00

Offered 72.290Sale% 100

TOP 44,000

Black 33,44 39,22 30,58 30,71 5 star 22,86 17,18Silver 32,72 27,00 4 star 19,93 17,00

3 starLabelled 33,44 37,60 30,58 29,46 Labelled 21,94 17,11VSL 32,06 32,66 30,00 25,99 VSL 19,92 14,00

Offered 21.089Sale% 89

TOP 34,001

Black 28,67 31,31 25,00 24,75 5 star 19,25 14,50Silver 27,97 23,37 4 star 16,73 12,00

3 starLabelled 28,67 30,17 25,00 24,12 Labelled 18,43 12,97VSL 27,00 28,01 26,00 23,26 VSL 16,59 11,00

Offered 369.284Sale% 98TOP 860,00

AllSizes

Offered 19.132 201.737 18.348 106.621 Offered 16.581 6.865Sale% 100 98 95 100 Sale% 89 95Labelled 40,15 45,87 35,17 35,43 Labelled 26,23 20,52

ColourAll grades &

sizes

BLK

XXD

XD

DK

50,56

40,38

38,69

37,01

ClarityAll grades &

sizes

NAFA NEWS | 5

April Auction 2016 - Price breakdown US$

MAHOGANY MINK FEMALE REGULAR LONG

Grades & Naps Size 1X 1 2X 2 3 4+Offered 4.865Sale% 88

TOP 34,0000

Gold 34,00 34,00 31,00 31,03 5 star 22,00Silver 32,00 26,00 4 star

3 starLabelled 34,00 32,36 31,00 28,70 Labelled 22,00VSL 31,00 31,39 28,00 27,88 VSL 18,96

Offered 46.949Sale% 96

TOP 35,000

Gold 30,61 31,66 27,61 26,97 5 star 20,06 14,99Silver 28,31 24,06 4 star 17,80 15,00

3 starLabelled 30,61 29,55 27,61 25,62 Labelled 18,86 15,00VSL 28,72 27,76 23,75 24,64 VSL 17,09 15,00

Offered 157.866Sale% 98

TOP 260,001

Gold 27,49 29,59 23,75 22,91 5 star 17,73 13,24Silver 24,76 20,26 4 star 15,67 13,48

3 starLabelled 27,49 27,65 23,75 21,99 Labelled 16,61 13,35VSL 24,73 24,16 20,97 20,95 VSL 15,56 13,03

Offered 151.511Sale% 95

TOP 27,002

Gold 23,09 23,83 19,75 18,73 5 star 14,40 12,02Silver 20,35 17,76 4 star 13,35 11,99

3 starLabelled 23,09 22,36 19,75 18,47 Labelled 13,98 12,01VSL 19,68 19,63 17,50 17,10 VSL 12,58 11,31

Offered 51.781Sale% 99

TOP 18,503

Gold 18,00 17,37 15,93 15,41 5 star 12,00 9,88Silver 16,41 14,14 4 star 10,62 9,50

3 starLabelled 18,00 17,11 15,93 14,96 Labelled 11,31 9,59VSL 16,22 16,49 14,50 13,81 VSL 10,45 9,30

Offered 412.972Sale% 97TOP 260,00

AllSizes

Offered 9.054 88.726 37.210 120.242 Offered 106.764 50.976Sale% 96 94 95 98 Sale% 100 95Labelled 27,64 25,52 22,60 19,93 Labelled 15,31 12,50

ColourAll grades &

sizes

XXD

XD

DK

MED

20,35

19,22

18,43

17,73

ClarityAll grades &

sizes

2

3

4

22,09

18,36

14,35

April Auction 2016 - Price breakdown US$

MAHOGANY MINK MALE REGULAR LONG

Grades & Naps Size 1X 1 2X 2 3 4+Offered 3.899Sale% 86

TOP 52,005X0

Gold 50,90 45,00 40,97 5 star 38,00Silver 40,00 4 star 35,63

3 starLabelled 50,90 45,00 40,53 Labelled 35,63 38,00VSL 46,35 42,00 38,22 VSL 32,00 33,00

Offered 28.679Sale% 96

TOP 52,004X0

Gold 49,34 48,63 40,00 40,35 5 star 35,68 34,92Silver 41,45 36,60 4 star 34,96 33,23

3 starLabelled 49,34 47,34 40,00 37,80 Labelled 35,27 34,04VSL 47,35 43,09 38,00 35,40 VSL 31,46 31,00

Offered 94.881Sale% 97

TOP 230,00000

Gold 45,95 45,58 37,82 35,64 5 star 31,42 30,92Silver 39,81 34,65 4 star 30,42 30,22

3 starLabelled 45,95 44,36 37,82 35,15 Labelled 30,94 30,50VSL 43,00 38,12 33,95 32,68 VSL 28,55 25,80

Offered 120.930Sale% 99

TOP 43,0000

Gold 39,44 38,32 32,27 28,21 5 star 25,47 25,36Silver 33,09 26,76 4 star 23,31 20,86

3 starLabelled 39,44 37,14 32,27 27,80 Labelled 24,66 23,56VSL 35,73 32,02 26,48 25,30 VSL 21,88 18,45

Offered 55.870Sale% 99

TOP 35,000

Gold 34,02 31,94 26,00 23,38 5 star 20,82 18,98Silver 26,64 23,11 4 star 18,51 16,33

3 starLabelled 34,02 30,78 26,00 23,33 Labelled 19,92 17,51VSL 26,13 25,82 23,09 20,80 VSL 16,69 14,03

Offered 17.520Sale% 100

TOP 27,001

Gold 25,52 26,18 23,00 20,46 5 star 16,09 14,69Silver 24,12 20,04 4 star 15,96 12,68

3 starLabelled 25,52 25,56 23,00 20,30 Labelled 16,02 13,70VSL 23,40 23,04 21,00 18,38 VSL 13,43 11,83

Offered 321.779Sale% 98TOP 230,00

AllSizes

Offered 12.085 81.356 32.724 103.315 Offered 66.644 25.655Sale% 79 98 95 100 Sale% 99 97Labelled 42,65 40,65 32,69 29,52 Labelled 25,80 23,56

ColourAll grades &

sizes

XXD

XD

DK

MED

35,56

31,33

30,13

28,86

ClarityAll grades &

sizes

2

3

4

37,11

29,87

28,42

6 | NAFA NEWS

1X = XSN

1 = SN

2X = SMW

2+ = SMN-HVY

2 = SMN-SEMI

3 = MN

4+ = LN

April Auction 2016 - Price breakdown US$

DEMI BROWN MINK MALE REGULAR LONG

Grades & Naps Size 1X 1 2X 2+ 2 3 4+Offered 24.129Sale% 96

TOP 47,005X0

Gold 45,48 44,47 36,39 38,63 5 star 34,00Silver 42,97 40,88 36,75 36,28 4 star 34,44 33,85 32,00

3 star 32,00Labelled 44,28 43,25 36,52 37,50 Labelled 34,44 33,85 32,68VSL 42,49 40,84 36,70 35,90 VSL 35,00 34,00 27,47

Offered 108.776Sale% 98

TOP 45,004X0

Gold 42,11 40,15 34,14 35,61 5 star 33,67 32,96 32,00Silver 39,67 37,77 33,90 32,91 4 star 32,24 31,77 31,33

3 star 28,00Labelled 41,26 39,49 34,05 34,33 Labelled 32,94 32,14 30,23VSL 39,81 37,65 32,69 32,21 VSL 31,14 30,85 25,86

Offered 254.979Sale% 99

TOP 41,00000

Gold 37,42 35,61 29,37 31,61 5 star 30,26 28,02 28,29Silver 35,03 34,35 28,23 28,49 4 star 27,26 26,28 24,48

3 star 23,54Labelled 36,44 35,32 29,23 30,35 Labelled 28,97 26,90 24,35VSL 35,07 32,41 28,67 28,07 VSL 27,54 25,60 22,83

Offered 263.500Sale% 100

TOP 36,0000

Gold 32,12 29,86 25,22 27,53 5 star 26,59 22,80 22,98Silver 28,75 27,57 23,04 22,80 4 star 22,94 21,78 20,44

3 star 18,93Labelled 31,51 29,35 24,84 25,98 Labelled 24,92 22,26 20,13VSL 27,66 27,21 23,07 23,14 VSL 22,17 20,91 18,33

Offered 98.922Sale% 100

TOP 27,000

Gold 27,00 25,31 21,19 21,36 5 star 21,66 17,84 17,69Silver 25,00 22,25 19,85 19,00 4 star 19,88 16,92 16,55

3 star 14,73Labelled 26,76 25,04 20,95 20,58 Labelled 21,03 17,40 16,53VSL 24,25 23,58 18,44 20,00 VSL 17,15 16,20 14,15

Offered 22.061Sale% 100

TOP 22,001

Gold 21,00 21,32 17,35 5 star 17,38 14,94 15,50Silver 16,00 4 star 15,76 14,24 13,14

3 star 10,00Labelled 21,00 21,32 16,88 Labelled 16,89 14,64 13,20VSL 19,50 19,00 14,50 VSL 14,85 13,80 10,89

Offered 772.367Sale% 99TOP 47,00

AllSizes

Offered 74.406 142.467 103.654 56.546 Offered 94.329 182.300 118.665Sale% 99 96 100 100 Sale% 100 100 100Labelled 36,83 34,23 27,87 30,74 Labelled 25,51 23,04 20,95

ColourAll grades &

sizes

XXDXDDK

MEDPLXP

XXP

27,0926,74

27,7126,7227,20

26,2426,69

ClarityAll grades &

sizes

2

3

4

30,67

26,60

28,48

April Auction 2016 - Price breakdown US$

DEMI BROWN MINK FEMALE REGULAR LONG

Grades & Naps Size 1X 1 2X 2+ 2 3 4+Offered 27.449Sale% 100

TOP 33,0000

Gold 30,78 31,03 27,00 5 star 24,67 21,88Silver 29,00 26,21 25,47 24,00 4 star 22,13 20,34 17,00

3 star 17,67Labelled 30,64 29,94 26,68 24,00 Labelled 23,31 20,82 17,44VSL 29,56 27,34 24,79 24,00 VSL 23,42 19,41 16,14

Offered 174.156Sale% 96

TOP 30,000

Gold 26,81 27,69 23,52 24,90 5 star 21,10 19,21Silver 25,35 23,55 23,08 21,39 4 star 19,58 17,40 15,43

3 star 14,52Labelled 26,56 26,77 23,43 23,51 Labelled 20,38 18,47 14,91VSL 25,82 24,94 21,98 20,00 VSL 19,55 16,89 14,95

Offered 335.496Sale% 98

TOP 27,001

Gold 24,29 24,71 20,28 21,71 5 star 20,02 16,27 17,00Silver 23,00 21,67 20,00 20,00 4 star 18,55 15,31 14,08

3 star 12,58Labelled 24,28 24,22 20,26 21,22 Labelled 19,44 15,93 14,03VSL 22,37 21,97 19,21 17,10 VSL 16,66 15,13 13,03

Offered 207.207Sale% 93

TOP 22,002

Gold 19,59 20,04 17,22 17,35 5 star 17,12 14,44Silver 18,19 16,75 15,92 4 star 15,33 13,50 11,70

3 star 11,00Labelled 19,59 19,83 17,17 16,72 Labelled 16,48 14,23 11,63VSL 19,31 17,99 16,62 14,38 VSL 14,24 12,65 10,76

Offered 46.844Sale% 100

TOP 16,503

Gold 16,08 14,76 13,76 5 star 13,82 11,76 11,50Silver 4 star 12,06 11,46 9,98

3 star 9,50Labelled 16,08 14,76 13,76 Labelled 13,33 11,66 9,99VSL 15,00 13,50 VSL 12,00 9,91 8,84

Offered 791.152Sale% 96TOP 33,00

AllSizes

Offered 61.638 134.776 97.587 17.631 Offered 153.665 149.318 176.537Sale% 95 93 100 100 Sale% 98 98 94Labelled 25,23 24,76 20,72 19,69 Labelled 18,89 15,16 13,09

ColourAll grades &

sizes

XXDXDDK

MEDPLXP

XXP

18,3317,63

18,9617,40

18,4013,80

16,53

ClarityAll grades &

sizes

2

3

4

20,50

17,65

18,64

NAFA NEWS | 7

April Auction 2016 - Price breakdown US$

BLUE IRIS MINK MALE REGULAR LONG

Grades & Naps Size 1X 1 2X 2 3 4+Offered 176Sale% 100

TOP 65,005X0

Gold 64,27 5 starSilver 4 star

3 starLabelled 64,27 LabelledVSL VSL

Offered 2.393Sale% 100

TOP 58,004X0

Gold 53,87 5 starSilver 4 star

3 starLabelled 53,87 LabelledVSL 50,81 VSL

Offered 10.729Sale% 100

TOP 400,00000

Gold 50,00 54,55 51,38 5 starSilver 47,06 4 star

3 starLabelled 50,00 54,55 50,10 LabelledVSL 48,61 36,20 VSL 31,00

Offered 9.876Sale% 100

TOP 53,0000

Gold 50,97 45,12 5 starSilver 43,05 4 star

3 starLabelled 50,97 44,36 LabelledVSL 42,36 30,88 VSL 25,50

Offered 3.227Sale% 94

TOP 43,000

Gold 41,11 39,51 5 starSilver 33,40 4 star

3 starLabelled 41,11 38,56 LabelledVSL 28,00 20,99 VSL 20,13

Offered 26.401Sale% 99TOP 400,00

AllSizes

Offered 116 14.714 9.633 Offered 1.938Sale% 100 100 100 Sale% 90Labelled 50,00 53,32 43,97 Labelled

ColourAll grades &

sizes

XXDXDDK

MEDPLXP

XXP

26,5938,6737,84

48,0843,33

42,3029,91

ClarityAll grades &

sizes

2

3

X

37,05

31,86

53,71

April Auction 2016 - Price breakdown US$

BLUE IRIS MINK FEMALE REGULAR LONG

Grades & Naps Size 1X 1 2X 2 3 4+Offered 6.466Sale% 100

TOP 40,000

Gold 25,00 37,17 30,36 5 starSilver 4 star

3 starLabelled 25,00 37,17 30,36 LabelledVSL 30,86 21,02 VSL

Offered 21.509Sale% 100

TOP 230,001

Gold 23,00 34,09 29,54 5 star 26,26Silver 28,13 4 star

3 starLabelled 23,00 34,09 28,47 Labelled 26,26VSL 26,63 20,69 VSL 16,92

Offered 13.721Sale% 100

TOP 35,002

Gold 31,80 26,03 5 star 17,73Silver 23,90 4 star

3 starLabelled 31,80 25,10 Labelled 17,73VSL 21,24 16,60 VSL 15,08

Offered 2.142Sale% 100

TOP 22,003

Gold 22,00 17,00 5 star 13,00Silver 17,00 4 star

3 starLabelled 22,00 17,00 Labelled 13,00VSL 13,30 VSL 11,79

Offered 43.838Sale% 100TOP 230,00

AllSizes

Offered 443 17.463 20.788 Offered 5.144Sale% 100 100 100 Sale% 100Labelled 23,74 34,62 26,92 Labelled 20,98

ColourAll grades &

sizes

XXDXDDK

MEDPLXP

XXP

21,5720,58

22,9230,59

28,2829,30

21,71

ClarityAll grades &

sizes

1

2

3

X

30,00

23,16

21,47

35,41

8 | NAFA NEWS

April Auction 2016 - Price breakdown US$

PALOMINO MINK MALE REGULAR LONG

Grades & Naps Size 1X 1 2X 2 3 4+Offered 2.247Sale% 100

TOP 52,005X0

Gold 50,82 47,53 5 starSilver 50,59 47,42 4 star

3 starLabelled 50,72 47,46 LabelledVSL 49,33 VSL

Offered 11.522Sale% 100

TOP 49,004X0

Gold 39,76 46,67 44,76 5 starSilver 44,37 40,66 4 star 36,00 28,62

3 starLabelled 39,76 45,77 42,65 Labelled 36,00 28,62VSL 45,03 VSL

Offered 23.311Sale% 97

TOP 45,00000

Gold 42,11 39,44 5 star 33,33Silver 39,66 36,06 4 star 34,71 23,93

3 star 22,00Labelled 41,38 37,97 Labelled 34,24 23,68VSL 40,24 34,17 VSL 28,50

Offered 20.228Sale% 94

TOP 40,0000

Gold 32,74 36,30 33,01 5 star 28,00Silver 32,44 28,18 4 star 26,10 20,31

3 star 17,00Labelled 32,74 35,01 31,28 Labelled 26,89 20,00VSL 32,12 26,00 VSL 24,63 17,39

Offered 7.907Sale% 90

TOP 33,000

Gold 30,99 24,42 5 star 21,77Silver 27,23 20,66 4 star 20,77 17,13

3 star 13,50Labelled 30,21 23,08 Labelled 21,26 16,82VSL 24,00 VSL

Offered 924Sale% 71

TOP 15,501

Gold 5 starSilver 4 star 14,73

3 starLabelled Labelled 14,73VSL VSL

Offered 66.139Sale% 95TOP 52,00

AllSizes

Offered 464 30.653 12.865 Offered 5.292 16.865Sale% 100 100 100 Sale% 100 81Labelled 37,79 41,19 36,26 Labelled 27,32 20,21

ColourAll grades &

sizes

XD

DK

MED

PL

XP

42,00

33,16

34,42

34,04

33,97

ClarityAll grades &

sizes

1

2

3

45,20

42,96

32,62

April Auction 2016 - Price breakdown US$

PALOMINO MINK FEMALE REGULAR LONG

Grades & Naps Size 1X 1 2X 2 3 4+Offered 327Sale% 100

TOP 32,0000

Gold 5 starSilver 32,00 4 star

3 starLabelled 32,00 LabelledVSL 29,00 VSL

Offered 9.811Sale% 100

TOP 35,000

Gold 26,94 30,97 26,81 5 starSilver 28,33 26,00 4 star 16,73

3 starLabelled 26,94 29,93 26,43 Labelled 16,73VSL 28,24 25,42 VSL

Offered 16.494Sale% 95

TOP 33,001

Gold 24,00 29,75 25,53 5 star 19,17Silver 26,75 24,52 4 star 18,58 15,03

3 starLabelled 24,00 28,58 24,83 Labelled 18,89 15,03VSL 25,13 20,83 VSL 17,51 12,38

Offered 12.768Sale% 100

TOP 23,002

Gold 22,59 21,07 5 star 16,98Silver 21,50 19,57 4 star 16,00 12,57

3 starLabelled 22,33 20,65 Labelled 16,59 12,57VSL 20,86 VSL 14,53 9,65

Offered 2.004Sale% 100

TOP 9,503

Gold 5 starSilver 4 star 8,96

3 starLabelled Labelled 8,96VSL VSL 7,71

Offered 41.404Sale% 98TOP 35,00

AllSizes

Offered 374 18.531 5.927 Offered 4.076 12.496Sale% 100 100 100 Sale% 100 93Labelled 26,14 28,20 24,03 Labelled 17,66 12,77

ColourAll grades &

sizes

DK

MED

PL

XP

18,83

20,94

24,11

21,66

ClarityAll grades &

sizes

1

2

3

31,98

28,94

26,75

NAFA NEWS | 9

April Auction 2016 - Price breakdown US$

PASTEL MINK MALE REGULAR LONG

Grades & Naps Size 1X 1 2X 2 3 4+Offered 420Sale% 100

TOP 59,006X0

Gold 56,24 5 starSilver 4 star

3 starLabelled 56,24 LabelledVSL VSL

Offered 11.462Sale% 100

TOP 57,005X0

Gold 53,00 54,11 49,48 45,94 5 star 40,00Silver 50,58 44,14 4 star 35,00

3 starLabelled 53,00 52,23 49,48 45,41 Labelled 35,98VSL 47,97 43,77 44,53 VSL 41,00

Offered 35.231Sale% 100

TOP 54,004X0

Gold 47,57 48,50 39,84 39,73 5 star 36,58 27,00Silver 43,82 39,44 4 star 30,96 28,00

3 starLabelled 47,57 46,97 39,84 39,63 Labelled 33,52 27,40VSL 45,68 41,12 37,33 VSL 28,50 27,23

Offered 54.640Sale% 99

TOP 51,00000

Gold 38,00 45,39 34,71 36,22 5 star 30,31 27,53Silver 36,83 34,05 4 star 26,44 23,83

3 starLabelled 38,00 42,52 34,71 35,58 Labelled 28,47 26,31VSL 41,22 35,29 33,71 VSL 26,39 26,00

Offered 43.198Sale% 98

TOP 47,0000

Gold 38,34 31,40 30,85 5 star 24,53 21,50Silver 33,71 26,12 4 star 23,09 19,54

3 starLabelled 36,38 31,40 28,81 Labelled 23,80 20,77VSL 31,66 27,38 26,55 VSL 20,45 21,21

Offered 19.414Sale% 93

TOP 36,000

Gold 29,65 27,92 26,02 5 star 19,42 16,74Silver 23,00 24,50 4 star 17,28 15,39

3 starLabelled 26,87 27,92 25,55 Labelled 17,97 16,07VSL 25,92 24,84 22,53 VSL 19,05 15,01

Offered 2.711Sale% 100

TOP 23,001

Gold 22,37 5 starSilver 4 star 14,13 12,43

3 starLabelled 22,37 Labelled 14,13 12,43VSL 20,00 VSL 14,59

Offered 167.076Sale% 98TOP 59,00

AllSizes

Offered 553 41.451 14.610 52.479 Offered 40.525 17.458Sale% 100 100 100 100 Sale% 98 88Labelled 44,70 44,17 37,11 34,77 Labelled 25,38 20,05

ColourAll grades &

sizes

XXDXDDK

MEDPLXP

XXP

3XP

30,0024,05

26,2030,57

39,9735,64

34,70

37,39

ClarityAll grades &

sizes

1

2

3

4

47,00

39,63

31,45

24,19

April Auction 2016 - Price breakdown US$

PASTEL MINK FEMALE REGULAR LONG

Grades & Naps Size 1X 1 2X 2 3 4+Offered 7.689Sale% 100

TOP 44,0000

Gold 39,53 37,64 5 starSilver 36,76 33,89 4 star 22,00

3 starLabelled 37,88 35,73 Labelled 22,00VSL 36,05 34,57 VSL 22,00

Offered 34.383Sale% 97

TOP 46,000

Gold 39,77 28,23 29,08 5 star 22,00Silver 29,16 26,86 4 star 19,36

3 starLabelled 37,15 28,23 28,51 Labelled 20,30VSL 31,85 23,11 26,33 VSL 19,71 16,50

Offered 56.134Sale% 96

TOP 46,001

Gold 36,70 22,61 26,12 5 star 17,93 18,00Silver 26,40 22,67 4 star 17,83 14,00

3 starLabelled 33,10 22,61 24,77 Labelled 17,87 14,31VSL 28,65 22,55 22,24 VSL 17,28 14,09

Offered 42.031Sale% 92

TOP 35,002

Gold 29,58 18,62 22,14 5 star 14,86 13,63Silver 17,97 18,19 4 star 14,25 11,00

3 starLabelled 24,18 18,62 21,12 Labelled 14,43 13,12VSL 20,36 17,63 17,66 VSL 13,88 11,15

Offered 11.582Sale% 70

TOP 19,503

Gold 17,99 17,00 5 star 12,87Silver 13,00 13,48 4 star 9,40 9,00

3 starLabelled 17,08 15,46 Labelled 11,22 9,00VSL 12,50 14,00 VSL 9,39 8,67

Offered 151.819Sale% 93TOP 46,00

AllSizes

Offered 36.391 8.651 45.610 Offered 44.055 17.112Sale% 98 100 94 Sale% 97 68Labelled 32,59 24,38 25,93 Labelled 16,34 13,37

ColourAll grades &

sizes

XDDK

MEDPLXP

XXP3XP

16,3718,25

20,0530,84

25,9721,00

19,00

ClarityAll grades &

sizes

2

3

4

32,23

20,93

38,00

10 | NAFA NEWS

April Auction 2016 - Price breakdown US$

PEARL MINK MALE REGULAR LONG

Grades & Naps Size 1X 1 2X 2 3 4+Offered 4.597Sale% 80

TOP 50,005X0

Gold 49,56 46,00 5 starSilver 46,00 42,05 4 star

3 starLabelled 48,31 43,73 LabelledVSL 47,05 39,92 VSL

Offered 33.566Sale% 89

TOP 46,004X0

Gold 44,55 45,05 39,27 5 star 35,52Silver 41,24 37,17 4 star 35,00 31,38

3 starLabelled 44,55 43,92 38,34 Labelled 35,28 31,38VSL 39,55 41,29 36,43 VSL 29,56 24,00

Offered 81.966Sale% 88

TOP 44,00000

Gold 39,40 40,44 36,93 5 star 33,05Silver 37,15 33,32 4 star 30,86 25,95

3 starLabelled 39,40 39,88 35,21 Labelled 31,96 25,95VSL 36,02 35,46 31,92 VSL 27,70 20,00

Offered 62.567Sale% 96

TOP 38,0000

Gold 33,23 34,69 30,38 5 star 26,58Silver 31,20 27,85 4 star 23,79 20,94

3 starLabelled 33,23 34,48 29,17 Labelled 25,62 20,94VSL 28,89 29,91 25,79 VSL 23,19 15,48

Offered 27.490Sale% 100

TOP 30,000

Gold 28,49 24,77 5 star 20,63Silver 28,00 21,97 4 star 19,45 16,90

3 star 20,00Labelled 28,46 23,63 Labelled 20,42 16,90VSL 24,70 19,80 VSL 18,52 13,41

Offered 6.902Sale% 91

TOP 27,001

Gold 24,65 19,69 5 star 18,14Silver 18,57 4 star 18,00 12,96

3 starLabelled 24,65 19,15 Labelled 18,10 12,96VSL 17,90 VSL 15,81 11,06

Offered 217.088Sale% 92TOP 50,00

AllSizes

Offered 11.425 84.114 70.402 Offered 40.488 10.659Sale% 91 86 95 Sale% 100 82Labelled 38,06 38,87 31,81 Labelled 25,57 20,52

ColourAll grades &

sizes

MEDPLXP

XXP5XP4XP3XP

21,7726,06

32,1731,79

29,1533,7933,96

ClarityAll grades &

sizes

1

2

3

22,30

34,75

27,20

April Auction 2016 - Price breakdown US$

PEARL MINK FEMALE REGULAR LONG

Grades & Naps Size 1X 1 2X 2 3 4+Offered 4.195Sale% 100

TOP 36,0000

Gold 34,60 5 starSilver 30,22 30,00 4 star

3 starLabelled 32,25 30,00 LabelledVSL 27,00 26,50 VSL

Offered 27.358Sale% 98

TOP 33,000

Gold 25,27 30,39 24,88 5 star 21,00Silver 26,18 23,44 4 star 20,00

3 star 15,00Labelled 25,27 28,95 24,56 Labelled 20,29 15,00VSL 23,00 24,10 22,54 VSL 19,00

Offered 63.487Sale% 96

TOP 29,001

Gold 22,00 26,38 23,00 5 star 19,56Silver 23,45 21,74 4 star 17,50 16,63

3 star 14,00Labelled 22,00 25,63 22,65 Labelled 18,31 16,34VSL 21,00 22,46 19,40 VSL 17,23

Offered 44.875Sale% 83

TOP 25,002

Gold 21,92 19,28 5 star 16,10Silver 17,80 4 star 15,51 15,23

3 starLabelled 21,92 18,89 Labelled 15,82 15,23VSL 17,50 16,06 VSL 14,54 13,00

Offered 7.891Sale% 100

TOP 15,503

Gold 14,65 5 star 13,29Silver 12,87 4 star 12,28

3 starLabelled 13,93 Labelled 12,74VSL 13,17 VSL 11,29

Offered 147.806Sale% 93TOP 36,00

AllSizes

Offered 999 59.702 53.955 Offered 23.296 9.854Sale% 100 95 98 Sale% 93 49Labelled 24,13 26,44 20,91 Labelled 16,72 15,67

ColourAll grades &

sizes

MEDPLXP

XXP5XP4XP3XP

16,1618,61

21,5422,06

20,5222,18

21,47

ClarityAll grades &

sizes

1

2

3

23,00

22,74

19,71

NAFA NEWS | 11

April Auction 2016 - Price breakdown US$

SAPPHIRE MINK MALE REGULAR LONG

Grades & Naps Size 1X 1 2X 2 3 4+Offered 2.647Sale% 100

TOP 63,004X0

Gold 61,25 59,88 5 starSilver 58,44 4 star

3 starLabelled 61,25 59,34 LabelledVSL 53,42 55,84 49,04 VSL

Offered 11.815Sale% 100

TOP 61,00000

Gold 52,09 56,71 51,09 5 star 50,00Silver 52,24 48,72 4 star

3 starLabelled 52,09 56,29 49,90 Labelled 50,00VSL 52,04 49,15 45,50 VSL 38,00

Offered 9.035Sale% 100

TOP 51,0000

Gold 42,50 48,65 44,31 5 star 37,84Silver 43,05 38,51 4 star 29,59 24,00

3 starLabelled 42,50 48,09 42,15 Labelled 33,19 24,00VSL 39,54 38,34 32,49 VSL 32,45 31,00

Offered 7.163Sale% 100

TOP 40,000

Gold 36,00 36,49 30,17 5 star 27,18Silver 33,17 30,00 4 star 26,43 22,00

3 starLabelled 36,00 35,04 30,12 Labelled 27,04 22,00VSL 33,00 32,41 27,01 VSL 25,61 24,00

Offered 1.827Sale% 100

TOP 27,001

Gold 25,95 5 star 25,00Silver 24,00 4 star 21,13 18,00

3 starLabelled 25,11 Labelled 23,34 18,00VSL 22,00 VSL 18,19 18,50

Offered 32.487Sale% 100TOP 63,00

AllSizes

Offered 2.100 15.081 8.430 Offered 5.233 1.643Sale% 100 100 100 Sale% 100 100Labelled 49,31 53,56 39,37 Labelled 28,75 22,17

ColourAll grades &

sizes

XD

DK

MED

PL

31,00

37,92

52,84

40,22

ClarityAll grades &

sizes

1

2

3

55,07

42,47

32,26

April Auction 2016 - Price breakdown US$

SAPPHIRE MINK FEMALE REGULAR LONG

Grades & Naps Size 1X 1 2X 2 3 4+Offered 7.118Sale% 100

TOP 53,000

Gold 35,00 47,84 41,10 5 starSilver 36,71 30,00 4 star

3 starLabelled 35,00 43,70 37,24 LabelledVSL 32,56 33,75 30,44 VSL

Offered 13.554Sale% 100

TOP 51,001

Gold 34,11 47,65 36,69 5 star 28,00Silver 38,21 30,59 4 star 25,00

3 starLabelled 34,11 44,59 33,08 Labelled 26,16VSL 30,00 29,10 25,98 VSL 22,43

Offered 10.560Sale% 100

TOP 45,002

Gold 27,00 38,05 31,47 5 star 22,46Silver 31,20 31,82 4 star 18,69 16,76

3 starLabelled 27,00 35,29 31,62 Labelled 21,10 16,76VSL 24,00 23,22 22,12 VSL 18,74 15,50

Offered 4.140Sale% 94

TOP 27,003

Gold 25,50 5 star 15,57Silver 22,39 4 star 13,65 12,81

3 starLabelled 23,47 Labelled 14,88 12,81VSL 17,51 15,43 VSL 13,71 12,33

Offered 35.372Sale% 99TOP 53,00

AllSizes

Offered 1.177 17.402 11.134 Offered 4.224 1.435Sale% 100 99 100 Sale% 100 100Labelled 33,58 42,66 31,43 Labelled 20,17 15,23

ColourAll grades &

sizes

XD

DK

MED

PL

27,98

27,19

36,16

31,20

ClarityAll grades &

sizes

1

2

3

48,99

32,47

23,77

1 2 | NAFA NEWS

April Auction 2016 - Price breakdown US$

SILVERBLUE MINK FEMALE REGULAR LONG

Grades & Naps Size 1X 1 2X 2 3 4+Offered 10.044Sale% 100

TOP 32,0000

Gold 30,00 31,80 28,70 5 starSilver 29,24 27,54 4 star

3 starLabelled 30,00 30,44 27,92 LabelledVSL 27,39 26,00 VSL

Offered 57.169Sale% 100

TOP 33,000

Gold 25,62 28,97 26,76 5 star 21,23Silver 25,15 23,96 4 star 18,94 17,85

3 starLabelled 25,62 27,46 25,41 Labelled 19,77 17,85VSL 24,14 23,84 20,84 VSL 19,86 18,25

Offered 64.312Sale% 98

TOP 31,001

Gold 21,79 23,86 22,11 5 star 19,16Silver 21,93 20,07 4 star 17,60 18,06

3 starLabelled 21,79 23,22 21,16 Labelled 18,21 18,06VSL 21,00 20,81 17,77 VSL 17,32 14,02

Offered 35.360Sale% 95

TOP 25,002

Gold 20,60 17,11 5 star 17,08Silver 17,53 16,46 4 star 15,99 14,56

3 starLabelled 19,70 16,83 Labelled 16,58 14,56VSL 16,59 14,61 VSL 14,47 11,85

Offered 4.387Sale% 100

TOP 14,003

Gold 5 star 12,00Silver 12,53 4 star 11,03 9,91

3 starLabelled 12,53 Labelled 11,41 9,91VSL 11,76 VSL 9,99 8,50

Offered 171.272Sale% 98TOP 33,00

AllSizes

Offered 5.763 59.959 56.866 Offered 26.554 18.870Sale% 97 100 100 Sale% 100 85Labelled 25,07 24,94 22,22 Labelled 17,68 16,49

ColourAll grades &

sizes

XXDXDDK

MEDPLXP

XXP

15,1916,92

19,3121,76

24,7623,10

20,57

ClarityAll grades &

sizes

1

2

3

4

25,97

24,14

18,48

20,69

April Auction 2016 - Price breakdown US$

SILVERBLUE MINK MALE REGULAR LONG

Grades & Naps Size 1X 1 2X 2 3 4+Offered 1.417Sale% 100

TOP 53,006X0

Gold 52,31 47,11 5 starSilver 4 star

3 starLabelled 52,31 47,11 LabelledVSL 47,00 47,00 VSL

Offered 10.175Sale% 100

TOP 49,005X0

Gold 45,71 43,81 5 starSilver 45,50 39,84 4 star 33,39

3 starLabelled 45,70 42,74 Labelled 33,39VSL 42,00 43,43 39,43 VSL

Offered 42.071Sale% 100

TOP 45,004X0

Gold 39,00 42,92 40,74 5 star 36,44Silver 42,52 38,77 4 star 34,69 29,87

3 starLabelled 39,00 42,79 39,92 Labelled 34,91 29,87VSL 39,73 40,41 36,14 VSL 31,69 29,19

Offered 66.909Sale% 100

TOP 43,00000

Gold 36,69 37,80 36,09 5 star 30,85Silver 37,17 33,40 4 star 31,25 26,36

3 star 21,00Labelled 36,69 37,60 35,21 Labelled 31,17 26,16VSL 36,59 31,27 VSL 28,59 22,35

Offered 50.672Sale% 99

TOP 37,0000

Gold 32,20 29,85 5 star 27,32Silver 29,57 26,04 4 star 25,55 23,60

3 star 18,00Labelled 31,55 28,27 Labelled 26,23 23,35VSL 30,46 25,32 VSL 22,85 19,34

Offered 16.917Sale% 100

TOP 29,000

Gold 26,50 21,68 5 star 21,82Silver 24,69 22,50 4 star 20,51 16,20

3 starLabelled 25,98 22,09 Labelled 21,08 16,20VSL 24,06 19,62 VSL 17,40 15,09

Offered 2.531Sale% 100

TOP 26,001

Gold 24,59 18,05 5 star 19,21Silver 18,79 4 star 16,43 13,53

3 starLabelled 24,59 18,27 Labelled 18,01 13,53VSL 17,00 VSL 14,00

Offered 190.692Sale% 100TOP 53,00

AllSizes

Offered 3.278 66.856 66.372 Offered 34.359 16.281Sale% 95 100 100 Sale% 100 97Labelled 38,15 38,55 32,90 Labelled 27,69 24,90

ColourAll grades &

sizes

XXDXDDK

MEDPLXP

XXP

25,0524,82

29,1332,86

35,1336,21

28,00

ClarityAll grades &

sizes

1

2

3

4

24,22

37,43

26,65

31,97

NAFA NEWS | 13

April Auction 2016 - Price breakdown US$

WHITE MINK MALE REGULAR LONG

Grades & Naps Size 1X 1 2X 2 3 4+Offered 6.752Sale% 90

TOP 53,005X0

Gold 50,40 52,16 47,80 5 starSilver 48,60 40,61 4 star 39,00

3 starLabelled 50,40 51,54 43,04 Labelled 39,00VSL 45,92 50,00 45,00 VSL 37,00

Offered 38.536Sale% 93

TOP 50,004X0

Gold 45,48 47,38 43,67 5 star 39,00Silver 44,90 41,83 4 star 35,64 33,33

3 star 29,00Labelled 45,48 47,12 43,07 Labelled 37,51 32,60VSL 43,00 44,80 39,04 VSL 33,39 27,92

Offered 72.342Sale% 94

TOP 350,00000

Gold 40,35 43,04 39,51 5 star 34,66Silver 40,82 35,69 4 star 32,19 30,62

3 star 26,00Labelled 40,35 42,86 38,90 Labelled 33,44 30,08VSL 38,00 37,92 36,28 VSL 30,73 26,51

Offered 67.253Sale% 94

TOP 37,0000

Gold 32,11 34,85 31,05 5 star 29,33Silver 33,43 31,04 4 star 25,86 23,46

3 star 18,50Labelled 32,11 34,78 31,05 Labelled 27,86 23,04VSL 32,00 33,32 28,81 VSL 25,58 18,34

Offered 20.805Sale% 96

TOP 32,000

Gold 30,55 24,45 5 star 24,83Silver 27,00 25,20 4 star 23,00 18,58

3 star 16,50Labelled 30,41 24,54 Labelled 24,10 17,97VSL 26,66 23,28 VSL 20,51 15,50

Offered 5.358Sale% 83

TOP 25,001

Gold 25,00 23,71 5 star 20,28Silver 4 star 19,00 15,99

3 starLabelled 25,00 23,71 Labelled 19,67 15,99VSL 21,17 18,50 VSL 17,50

Offered 211.046Sale% 94TOP 350,00

AllSizes

Offered 11.264 106.668 51.730 Offered 27.473 13.911Sale% 100 93 91 Sale% 100 96Labelled 38,07 40,95 35,42 Labelled 28,04 24,81

ColourAll grades &

sizes

ClarityAll grades &

sizes

1

2

39,31

34,61

April Auction 2016 - Price breakdown US$

WHITE MINK FEMALE REGULAR LONG

Grades & Naps Size 1X 1 2X 2 3 4+Offered 3.108Sale% 100

TOP 34,0000

Gold 29,00 33,27 29,00 5 starSilver 31,00 4 star

3 starLabelled 29,00 32,31 29,00 LabelledVSL 28,00 30,69 28,00 VSL

Offered 39.953Sale% 97

TOP 33,000

Gold 25,60 30,89 26,83 5 star 23,48Silver 28,55 26,00 4 star 20,20 18,00

3 star 16,50Labelled 25,60 30,21 26,71 Labelled 22,44 17,77VSL 27,48 23,93 VSL 20,00 17,00

Offered 109.092Sale% 100

TOP 310,001

Gold 23,02 27,51 23,58 5 star 21,38Silver 25,36 23,00 4 star 19,21 16,89

3 star 16,00Labelled 23,02 27,18 23,51 Labelled 20,65 16,83VSL 22,00 23,87 22,69 VSL 17,95 16,21

Offered 54.086Sale% 97

TOP 26,002

Gold 19,53 23,24 19,49 5 star 18,07Silver 21,55 19,45 4 star 15,74 13,87

3 star 13,50Labelled 19,53 23,08 19,48 Labelled 17,72 13,85VSL 16,50 19,52 18,69 VSL 15,25 12,50

Offered 13.181Sale% 95

TOP 19,503

Gold 17,84 15,27 5 star 14,38Silver 14,00 4 star 13,94 11,08

3 starLabelled 17,84 15,10 Labelled 14,18 11,08VSL 15,00 14,50 VSL 11,81 9,50

Offered 219.420Sale% 98TOP 310,00

AllSizes

Offered 13.960 107.392 59.149 Offered 24.130 14.789Sale% 96 98 99 Sale% 100 100Labelled 23,59 26,99 22,37 Labelled 18,54 15,20

ColourAll grades &

sizes

ClarityAll grades &

sizes

1

2

25,40

22,83

1 4 | NAFA NEWS

IN PICTURES: Producer ReceptionGuests mix and mingle at the Producer Reception on April 9, 2016 at the Crowne Plaza Toronto Airport.

NAFA NEWS | 15

The Top Lot of Black NAFA — Male was purchased by Long Radiance Ltd. for Beijing Shulan International Garment Group Co., Ltd., of Beijing, China for $860. Produced by Patrick Collection.

The Top Lot of Black NAFA — Female was purchased by Long Radiance Ltd. for Harbin Guifuren Fur Square, of Harbin, China for $800. Produced by Zimbal Mink.

The Top Lot of Blue Iris Mink — Male was purchased by Ben ZHAO for Mr. Ma of Beijing Sanying Fur Co. Ltd., of Beijing, China for $400. Produced by Zimbal Mink.

The Top Lot of Blue Iris Mink — Female was purchased by Long Radiance Ltd. for Beijing Shulan International Garment Group Co., Ltd., of Beijing, China for $230. Produced by Zimbal Mink.

The Top Lot of Mahogany Mink — Male was purchased by China Fur Commodities, Ltd., for Jin Meng Fur, of China for $230. Produced by Dixon Mink Ranch.

The Top Lot of Mahogany Mink — Female was purchased by Sotiris Vogiatzis for EFD Papadopoulos Furs, of Kastoria, Greece for $260. Produced by Dixon Mink Ranch.

The Top Lot of White Mink – Male was purchased by Haining China Leather Market Imp. & Exp. Co., Ltd. and Mechutan Fur Corp. for Zhejiang NA Rose Fur Co., Ltd. Of Zhejiang, China for $350. Produced by Zimbal Mink.

The Top Lot of White Mink – Female was purchased by Guangzhou Manali Apparel Trading Co., Ltd. For Mr. Li Xu of Maifei’er Furs of Dalian, China for $310. Produced by David Dittrich.

Mr. Yu (center-left) of Harbin Guifuren Fur Square displays the Top Lot bundle and award for Black NAFA Female. He is joined by Bob and Valerie Zimbal (left and center-right) of Zimbal Mink, and Rob Cahill, NAFA’s Sr. VP of Marketing (right).

Robert Lam (left) and Mr. Yang (center-right) of Shulan display the Top Lot bundle and award for Black NAFA Male. They are joined by Kyle Patrick of Patrick Collection (center-left) and Rob Cahill, NAFA’s Sr. VP of Marketing (right).

NAFA's April 2016 Top Lots 15IN PICTURES:

Producer Reception

NAFA Canada HQ65 Skyway Avenue

Toronto, ON M9W 6C7

T: 416-675-9320F: 416-675-6865

NAFA Canada West567 Henry AveWinnipeg, MB

R3A 0T8T: 204-774-1705F: 204-943-2941

NAFA USA205 Industrial Circle

Stoughton, WI 53589

T: 608-205-9200F: 608-205-9210

NAFA The NetherlandsSprokkelveld 5-6596

DH Milsbeek, The Netherlands

T: +31 485-514403F: +31 485-518833

NAFA Polandul. Granitowa

10 Łozienica 72-100 Gm. Goleniow, Poland

T: +48 91 350 9520F: +48 91 350 9539

www.nafa.ca

2016 Auction Schedule

2017NAFA Announces

January 30 - February 4, 2016(On Show January 26)

April 3 - 10, 2016(On Show March 31)

May 30 - June 5, 2016 (On Show May 26)

September 13 - 15, 2016 (On Show September 9)

February 6 - 10, 2017(On Show February 1)

April 3 - 10, 2017(On Show March 29)

June 1 - 6, 2017 (On Show May 27)

September 2017 Dates to be announced

Auction Schedule