At the WOC, some friends of mine exhibited a cattleya hybrid, Pot. Hey Song ‘Tian Mu’. It ended up winning a couple of best-of-breed type prizes. My friend showed me the winning plant; it was a lovely deep red, almost maroon, color. I asked him how much it cost. His answer: $100 for the prize-winning specimen, and $30 for identical clones. I was astounded at the price of this big champion — not at how pricey it was, but how inexpensive!
Now, if you were to walk a few feet away to look at the Krull-Smith exhibit, you would find individual specimens of P. rothschildianum, or P. lowii, or various multifloral hybrids in all their glory. Each of these plants would easily start at $2000. Some could probably fetch $4000 or more.
So why are slipper orchids so expensive?
In a word: cloning. Or rather, the inability to clone them at commercial scale (at this point).
The laboratory research required to discover how to clone paphs is still somewhat rudimentary. Cloning of Paphs has been done in the laboratory, and there have been isolated cases where a protocorm (a mass of undifferentiated but genetically identical plant cells) continues to spawn off new plantlets, but there don’t appear to be any large-scale commercial efforts going on.
When I first got into orchids, I sure did think about it, though. A lot. I read up a bunch of scientific papers by labs (mostly in Taiwan) that had done some research in the field. For the most part, the research was done on hybrids, not species, and but there seemed to me some issues with experimental design and interpretation.
In any case, in genera that can be easily cloned (e.g., Phalaenopsis, Cattleya) you can have hundreds of thousands of plants from a single test tube. That’s why a top plant with exceptional characteristics can be brought to mass market easily, quickly, and cheaply.
Doesn’t work that way with Paphs and Phrags, though. In addition to the difficulty of cloning them, they just grow so slow! So even if you could clone them, you’d have to expend a certain amount to grow them to size and the cost to carry them to bloom may not be recoverable at the market price of the plants. After all, in the fickle potted plant market, who knows what a non-orchid buyer would pay for a plant?
It all goes to reinforce the old orchid growers’ saying: “How do you make a million bucks in orchids? Start with two million.”