Is selling rhino horn illegal?
Currently, only 5 states—California, Hawaii, New Jersey, New York and Washington—have banned the purchase, sale, trade and possession with the intention to sell of ivory and rhino horns.
How much is a kilo of rhino horn worth?
Rhino horns, which when ground to a powder are believed by some Vietnamese to have medicinal qualities to cure everything from cancer to a hangover, are particularly lucrative and can fetch up to $60,000 (£48,000) per kilo.
Is rhino horn more valuable than gold?
For example, rhinoceros horn is more valuable by weight than gold, diamonds or cocaine. A recent report puts the price of rhino horn in Asia at $60,000 per pound. The number of rhinoceroses poached skyrocketed from 13 per year to 1,004 per year in only 6 years.
How much does it cost to buy a rhino horn?
Based on the value of the Asian black market, rhino horn price is estimated at $ 65,000 USD per kg. In the near past, the rhino horn price soared up around $65,000 per kilogram.
Are rhino horns legal to trade?
While international trade is illegal under this convention, individual countries are nonetheless able to determine their own laws to allow or prohibit the sale of rhino horn domestically i.e., within their country. Since 1977, some countries have indeed banned domestic rhino horn trade.
How much does a rhino horn sell for on the black market?
According to the World Animal Foundation, these horns sell for an average of $60,000 per kilogram in the black market as they are believed to possess medicinal properties in some Asian cultures.
How much is a rhino horn worth on the black market?
How much is a rhino horn worth in South Africa?
Rhino horn is valued at $60,000 per kilogram on the black market – more than its weight in gold.
Who buys rhino horns?
Vietnam is one of the world’s largest consumers of rhino horn, contributing to the continued poaching of rhinos in the wild.