“…The value of the illegal trade in rhino horn has been estimated to be between USD 64 and USD 190 million (Nellemann, Henriksen, Raxter, Ash, & Mrema, ), and the horn itself has been valued, anecdotally, in the region of USD 36,000 per kg or more when sold to the end user (Gwin, 2012) and between USD 35,000 per kg and USD 65,000 per kg in 2013/2014 (Hübschle, ). The potential supply of horn into these markets through annual rhino horn production in South Africa is estimated to range between 5,300 and 13,000 kg (Taylor et al, ). In contrast, a living rhino is auctioned for between USD 10,000 and USD 30,000 (M. Knight (Personal communication, May 2016)), and this has implications for the management of the two species.…”