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How Much Is That Doggy In The Window? A Shaggy $2 Million

An unidentified man poses for a photo with two Tibetan mastiffs after they were sold at a "luxury pet" fair in Hangzhou, eastern China. One of the Tibetan mastiff puppies, left, was sold for almost two million U.S. dollars, in what could be the most expensive dog sale ever.AFP - Getty Images
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Puppy love has a price -- nearly $2 million.

That's how much a golden-haired Tibetan mastiff puppy has reportedly been sold for in China, potentially making it the world's most expensive dog.

The pup was sold at a premium pet fair in the eastern province of Zhejiang on Tuesday, fetching 12 million yuan ($1.95 million), according to the French news agency, AFP, which cites a report in Chinese newspaper Qianjiang Evening News.

The breeder, who sold the puppy to a property developer who wants to breed the shaggy dogs, is reported to have told the paper that the mastiff had "lion's blood," and that a similar dog had sold for 6 million yuan.

"They have lion's blood and are top-of-the-range mastiff studs," said breeder Zhang Gengyun.

The hound was 31 inches tall, and weighed nearly 200 pounds, according to Zhang, who said the breed could be compared to "nationally treasured pandas" – hence the high price.

Tibetan mastiffs – an ancient breed of dog, with long coats - have become a status symbol among China's growing wealthy classes. In 2011, an 11-month old pup named "Big Splash" sold for $1.5 million, according to NBC news, which reported that the animal was the most expensive dog sold at the time.