Chapter 203 - Chapter 203: Chapter 203 The Disappointed Finale Auction Item
Chapter 203: Chapter 203 The Disappointed Finale Auction Item
Translator: Dragon Boat Translation Editor: Dragon Boat Translation
Although the wealthy were willful, they were not fools.
Any wealthy people who could participate in such high-end auctions were experts in their fields; even if they weren’t, they would still bring their advisors.
This was also why the auction allowed the guests to bring one or two more personnel with them.
The wealthy were very cautious when it came to price control.
Every time an item appeared, they would set an expected price.
Unless they really liked it, they wouldn’t raise the price recklessly.
As Chen Yu said, there are many snuff bottles worldwide.
No matter how good a snuff bottle was, it was not worth bidding for without regard to the price.
In novels, there were often wealthy young masters who fought a bidding war and spent a lot of money.
In reality, this kind of situation could happen, but very rarely.
As for spending millions to buy a snuff bottle, only someone with their head kicked more than once by a donkey would do that.
Realization dawned on Chen Yu.
Not long after, the second item was brought to the stage by the hostess.
It was a beautifully crafted rainbow-colored glazed cup.
Under the illumination of the light, the Rainbow Glazed Cup emitted a dazzling brilliance.
The auctioneer introduced it as if it were a treasured item, “Everyone, please take a look. The patterns on this Rainbow Glazed Cup are exquisite, and the craftsmanship is brilliant.”
“Many of the details seem to be done simply, but in fact, they have an intricate meaning and pattern to them.”
“It was specially done to make the Rainbow Glazed Cup shine.”
Just like before, the auctioneer praised the Rainbow Glazed Cup.
At the end of his speech, the auctioneer mentioned that the cup was made out of glazed glass, a seven treasure of Buddhism similar to jade.
It was imbued with spirituality and could be used to protect one’s abode or company to improve one’s fortune.
It was a rare and elegant object.
Due to problems in the manufacturing process and materials, the Rainbow Glazed Cup was considered a priceless treasure in ancient times.
Only princes, generals, emperors, or heroes could own one.
“President Wang, why is the Rainbow Glazed Cup starting price lower than the snuff bottle?”
The auctioneer was so great at his art of talking that even Chen Yu was somewhat tempted.
But after hearing that the starting bid was only 100,000 yuan, Chen Yu was more or less puzzled.
“Dr. Chen, you might not know this, but glazed glass was indeed extravagant in ancient times,” explained Wang Dequan.
“In modern times, it is not worth much.”
“There’s not much room for market appreciation.”
“In addition, the time when this Rainbow Glazed Cup was made was only a hundred years ago.”
“Due to various factors, its price will not be too high.”
Wang Dequan’s words were quickly verified.
The auction lasted five minutes, and the price rose from 100,000 to 250,000.
After that, very few bidders continued.
Chen Yu decided to buy it, so he gave Wang Dequan a look.
Wang Dequan raised his bidding card and said, “I bid 260,000.”
As soon as he said that, no one bid after him.
Chen Yu was interested in it partly because of its material.
Glazed glass, jade, coral, gold, and silver were part of the seven treasures of Buddhism.
The glass itself had a certain amount of spiritual energy and was not a bad option to use as a spiritual tool.
On the other hand, he recalled a story.
In Journey to the West, when Sha Wujing was the general in Heaven, he accidentally broke a glazed glass cup.
This was such a glass cup.
The auction lasted for more than two hours.
During the entire auction, more than 30 items were on display.
Besides the Rainbow Glazed Cup, Chen Yu bought three other items.
After returning, Chen Yu planned to fill it with spiritual energy and use it as a spiritual tool.
The auction was coming to an end, and the last item was brought to the auction stage.
The 200-year-old wild ginseng.
The starting price was 1.5 million.
Looking at the wild ginseng on the stage, Wang Dequan’s expression became complicated.
“Is there a problem with the ginseng?” Chen Yu asked.
“Yeah, there’s a big problem with the quality of this ginseng.” Wang Dequan nodded.
“The defect will cause its medicinal effects to decrease by more than half.”
“It’s not worth 1.5 million at all.”
Entering the 21st century, the demand for traditional herbal medicine was rapidly increasing.
The traditional herbal medicine industry also ushered in a golden period of rapid development.
The most eye-catching one of all was the wild ginseng.
In order to develop the economy, the natural environment in many places in the country was destroyed.
This seriously affected the growth of wild ginseng.
In addition to the high demand, wild ginseng on the market decreased at a visible rate.
Last year, Wang Dequan’s traditional herbal medicine company only received 50 pounds of wild ginseng.
A 200-year-old wild ginseng was enough to make all those who needed it go crazy.
However, Wang Dequan was greatly disappointed when he saw its condition.
The ginseng’s roots were incomplete, and it was seriously.
It was equivalent to a sports car engine having a quality problem.
Although it could still be driven, its performance had dropped by more than a notch.
With the roots of the ginseng severely damaged, the value and efficacy of this wild ginseng had been reduced by at least two-thirds or even more.
“Dr. Chen, this ginseng is no longer valuable. Let’s go.”
Wang Dequan suggested.
“Wait a moment.”
Chen Yu fixed his eyes and looked ahead.
The Heavenly Secrets Strategy had a detailed introduction to all kinds of spiritual items.
Almost all ginsengs that were over 50 years old contained spiritual energy, so Chen Yu needed to first confirm whether the spiritual energy of this wild ginseng had dissipated.
If the ginseng hadn’t scattered, Chen Yu would still be willing to fork out money to buy it, even if its roots had a problem.
If the spiritual energy dissipated, it would be equivalent to buying an empty shell.
He wouldn’t even accept it, even if it was free.
Among the guests present, many of them were experts.
Noticing that the ginseng had been damaged, the excited expression on their faces disappeared without a trace.
Even the wealthy, who knew little about the industry, had experts give them professional advice.
Seconds passed, and it had been three minutes since the bid was announced.
No one followed up.
The auctioneer looked helpless.
As an experienced auctioneer, he had seen all kinds of rare treasures.
He had auctioned off more than five separate 100-year-old wild ginsengs.
So it wasn’t hard for him to tell that this ginseng was damaged.
But there was no other way.
The owner personally set the starting price at 1.5 million, so he could only brace himself and start appraising it.
He skipped the other effects of the wild ginseng and specifically talked about the age of the ginseng.
He even reminded the crowd that a 200-year-old wild ginseng was previously sold for more than three million yuan.
“1.7 million!”
A minute later, someone finally made a bid.
Instantly, everyone looked at the bidder.
The bidder was a middle-aged man in his forties.
He sat in the first row of the auction hall.
The middle-aged man didn’t seem to care about the strange looks from the crowd.
“Dr. Chen, someone has already made a bid.”
“Call.”
“Alright then.”
Upon hearing the word “call”, Wang Dequan helplessly raised his bid card and shouted out the price of 1.9 million.
The middle-aged man looked back at Wang Dequan and raised his sign again.
He raised the price by another 200,000.
It was clearly a defective product and was already rare enough for someone to bid.
How could there be someone else to bid at a higher price?