We normally think of the pigeon as being an unwelcome guest in our towns and cities but most of us are unaware that racing pigeons can be worth huge sums of money. One racing pigeon recently sold for a staggering $132,517.00! The 3-year old bird was a champion racer beating 21,000 other pigeons in one long distance race. For this reason he was bought by one British company that breeds racing pigeons for ‘stud’. One very happy pigeon! The previous record price for a pigeon was $73, 800.00.