On the morning when the auction reopened, several shareholders, including Zhao Ran, Gao Yanei and Yeli Huaide, all arrived and sat together in a tea room on the second floor opposite the auction table.
Looking at the seats in the courtyard below the stage that were full, Zhao Ran explained to the other two people: "The reason why the previous auctions put the snow lotus auction at the beginning was to create momentum. This time, the snow lotus auction was placed at the back. The same goes for
It's to build momentum. You will know when the auction starts later. The auction house has been closed for ten days, and it is not just the snow lotus that will be affected."
Seeing Gao Yanei and Yeli Huaide thinking deeply, Zhao Ran raised his hands, made an embracing gesture, and emphasized: "The entire market will be affected, the entire market!"
As Liang Xingxia's hammer fell on the stage, the first lot was successfully sold, 200 pieces of East goat skins, for a total price of 80 taels, which was 10% lower than the previous auction record.
Immediately after the auction, purple gold wood, kidney beans and other items were auctioned, each of which dropped by 10% to 20%. The prices of more than ten batches of various goods auctioned next fell across the board, and the Ming Dynasty Shu Brocade dropped the most by half!
Thick dark clouds are weighing on everyone's heart, almost suffocating.
After a short break, auction item No. 18 began, which was 200 sixteen-leaf Kunlun Mountain snow lotus, which kicked off the second half of the snow lotus special event.
Liang Xingxia quoted the auction's lowest price - 5,200 taels, with a unit price of 26 taels. He quoted twice in a row, but no one raised his placard. Just when Liang Xingxia was preparing for his third and final bid, someone finally accepted the bid, avoiding the first batch.
The tragedy of Kunlun Snow Lotus being unsold.
The 19th lot that appeared on the stage next was the 16-leaf Kunlun Mountain Snow Lotus. This time, the starting price was 25 taels, and the total price was 7,500 taels, with a total of 300 flowers. It was also sold before the third bidding.
Next came the same 300 pieces, the starting price continued to fall, and the deal was completed at a unit price of 23 taels.
When Liang Xingxia reported the fourth batch of snow lotus, there was an uproar in the audience, and countless people lamented in unison. 400 snow lotuses, priced at 20 taels each, both the quantity and price were like a heavy hammer that hit people's eyes like stars.
At this point, Zhao Ran and others have completely emptied the snow lotus. Among them, the first three batches of 800 were hoarded before, making a net profit of more than 12,000 taels. The last batch of 400 were purchased from the market at a high price these days, specifically for smashing.
The net loss was 1,600 taels.
The massive sale of 1,200 snow lotuses completely caused panic. Auctioneers hurried to the registration room to modify their starting bids.
Varieties such as Tianshan Snow Lotus, Bayan Har Mountain Snow Lotus, Ortai Mountain Snow Lotus and other varieties have been falling all the way, and soon fell below 10 taels. The price of Kunlun Mountain Snow Lotus was only 20 taels, which could barely last for less than two cups of tea.
It fell below the 20 important mark.
Li Xingjiu, Pu Guatai, Ale and others in the audience had pale faces. The nearly 70,000 taels of silver they had managed to collect in the past few days had been exhausted, and they could no longer stop the raging selling frenzy.
Monk Aslan from Tianmatai Temple was completely stunned. He even thought of going to the registration room to change the starting price. It wasn't his turn for the snow lotus to be auctioned yet, but the sixteen-leaf Kunlun Mountain snow lotus
The price has dropped to 12 taels per flower, which is less than half of what he paid for it!
There are only four words that can describe his current mood. The so-called "wanting to cry but no tears" is nothing more than that.
The worst situation finally appeared. Lot No. 42, 80 sixteen-leaf Kunlun Mountain Snow Lotus, was auctioned at a unit price of 12 taels of silver. When the auctioneer Liang Xingxia called out three times in a row, no one in the audience accepted the bid, so he announced
The goods failed to sell. The owner of the snow lotus, a fat businessman from the Uighurs, couldn't help but burst into tears on the stage, and then burst into tears, which triggered the final collapse of the price.
10 taels, 9 taels, 8 taels, 6 taels, 4 taels, 2 taels, 1 tael, all the snow lotuses failed to sell, and even the price of the eight-leaf snow lotus dropped to 2 taels - this was already the normal price half a year ago.
One third of it!
Faced with such extreme panic in the market, Zhao Ran, Gao Yanei and Yeli Huaide held emergency consultations on the second floor and then announced a temporary suspension of the auction.
The merchants in the field were waiting at a loss, anxious, some cried loudly, some laughed miserably, and some even thought of ending their lives - such as Aslan, who really didn't know how to deal with the parents who raised him when he returned.
The older masters and uncles don't know how to face the expectant brothers, let alone the young children who are crying for food.
After urgent deliberations, auctioneer Liang Xingxia returned to the stage. Amid countless expectant, anxious and even desperate eyes, Liang Xingxia made the following statement on behalf of Jinbo Auction House.
The market is ruthless and cold. It can bring people huge wealth, but it is also full of huge risks. Everyone should respect the market.
As the only auction house in the country and the authoritative guidance institution for market transaction prices in Xingqing Prefecture, Jinbo Auction House is a conscientious, responsible, responsible and powerful market trading guild.
At this critical juncture, Jinbo Auction House decided to invest a huge amount of silver to support the market in order to maintain the stable development of the entire market. There are a total of five major items and 13 categories of goods in the market. The market price refers to the average price of Yongan's three-year winter auction.
, specifically:
First, the base price of a single sixteen-leaf snow lotus is 1 tael and 3 yen of silver, and the base price of a single eight-leaf snow lotus is 2 taels and 8 yen of silver, regardless of the origin and variety.
Secondly, Lingzhou silk embroidery costs 3 taels and 2 qian per piece, Yinzhou brocade costs 3 taels and 7 qian per piece, Ming Dynasty Shu brocade costs 4 taels and 6 qian per piece, Ming Dynasty Su embroidery costs 5 taels per piece, and Ming Dynasty Lake silk costs 5 taels each.
5 money.
Third, a 3-year-old Bactrian camel costs 8 taels per hump, and a 3-year-old dromedary camel costs 10 taels per hump.
…
As mentioned above, Jinbo Auction House will be open to acquisitions in order to stabilize current prices and stabilize the market.
Jinbo Auction House's policy of supporting the market was initiated by Zhao Ran. Based on the confidence gradually built up in "Chengdongjia" over the past six months, other shareholders agreed to Zhao Ran's suggestion.
Zhao Ran knew what these people were worried about, so he explained it in detail.
It sounds like Jinbo Auction House's support operation will cost a huge amount of silver, but in fact it is not the case. The announced reserve price itself is very low, and it can be optimistically estimated that except for snow lotus, basically no goods will be received.
If someone is really willing to sell the goods to Jin Bohang at this minimum price, Zhao Ran doesn't mind eating them all. After the market sentiment eases, he can sell them casually.
Zhao Ran estimated that it might not cost a total of 10,000 taels of silver to support the market at the lowest price. The key lies in making full use of Jinbo Auction House's good reputation and status in the hearts of merchants.
Zhao Ran had a weird smile when he said this: "This is called the national team entering the field... Well, there is no national team here, let's just be the national team!"
Gao Yanei: "..."
Yeli Huaide: "..."
Seeing that Gao Yanei and Yeli Huaide looked confused, Zhao Ran felt a little depressed and felt that it was like a chicken talking to a duck. After thinking about it, he decided to explain it in a way that the two of them could understand.
To put it another way, just temporarily spending 10,000 silver can increase the confidence and reputation of Jinbo Auction House to the highest level, and then establish the authority of Jinbo Auction House to rank first in Xia Kingdom. This kind of opportunity is
Not much! Now the two shareholders finally understood.
After Liang Xingxia announced his support commitment to Xia merchants on the auction stage, the prices of various bulk goods stabilized, especially those listed in the five categories of thirteen, such as dromedary camels, Ming Shu brocade, etc.
, the price bottomed out and even rose slightly.
These commodities themselves are daily consumables and have their own value and demand. They were completely killed by market panic before, but now it is natural for prices to rise.
At the same time, Jinbo Auction House negotiated with the owners of the previously unsold goods, either to buy them at the bottom price, or to re-register and wait three days before auctioning again, and the trading sentiment further stabilized.
Aslan completed the auction of his sixty snow lotuses in a daze, and the price was 1 tael and 8 yuan per unit. After the auction ended, he seemed to wake up. After some calculations, he couldn't help but burst into tears.
Less than two months later, there were only a little more than one hundred taels left from the 1,500 taels of silver. Shiting had really gone to Jiuting!
The three of them returned to Longmatai Temple and sat in the monk's dormitory respectively. They were speechless for a long time, feeling heartbroken and regretful. They felt that the world was vast and there seemed to be nowhere to go!
It wasn't until it was dark and the lights were turned on that Aslan slammed the table: "I went to find Master Liang. He said that Jinbo Auction House is a conscientious and responsible auction house. I went to ask him to find a way..."
The two young ascetics, Takemoto and Zhuhui, looked at their uncle. They didn't know what to say for a moment, but the despair on their faces stung Aslan's eyes. He said with red eyes: "You guys are here.
Wait for my news. If there is any discord, just... you can go back to Tianmatai Mountain on your own and tell the abbot and abbot... just say that I, Aslan, am sorry for everyone."