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Chapter 299 National Team

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    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¡¯ll know when the auction starts later. The auction house has been closed for ten days, and it¡¯s not just 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!"

    With the hammer falling on the stage, Liang Xingxia, Lot No. 1 was successfully sold. 200 pieces of East goat skins were sold for a total price of 80 taels, which was 10% lower than the previous auction record.

    ??The auctions were followed by items such as purple gold wood and kidney beans, each of which fell by 10% to 20%.  The prices of more than ten batches of various goods subsequently auctioned fell across the board, with the Ming Dynasty Shu Brocade having the largest drop, falling by half!

    The heavy clouds are pressing in everyone's heart, almost suffocating.

    After a short break, the auction of item No. 18 began, which was 200 sixteen-leaf Kunlun Mountain snow lotus. This kicked off the second half of the snow lotus special event.

    Liang Xingxia quoted the lowest auction price - 5,200 taels, with a unit price of 26 taels.  After two consecutive bids, no one raised a placard. Just when Liang Xingxia was preparing for the third and final bid, someone finally accepted the bid, thus avoiding the tragedy of the first batch of Kunlun Snow Lotus being rejected.

    The 19th lot on the stage was still 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 transaction 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.  There are 400 snow lotuses, priced at 20 taels each. Both the quantity and the price are like a heavy hammer, making people¡¯s eyes dazzle with stars.

    At this point, Zhao Ran and others have completely cleared out the snow lotuses. The first three batches of 800 were hoarded before, with a net profit of more than 12,000 taels. The last batch of 400 were purchased from the market at high prices these days, specifically for smashing.  The net loss was 1,600 taels.

    The huge sale of 1,200 snow lotuses completely caused panic. Auctioneers hurried to the registration room to modify their starting prices.

    Varieties such as Tianshan Snow Lotus, Bayan Har Mountain Snow Lotus, and Ortai Mountain Snow Lotus 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 his purchase price!

    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 case scenario finally occurred.  Lot No. 42, 80 sixteen-leaf Kunlun Mountain snow lotuses, were auctioned at a unit price of 12 taels of silver. When the auctioneer Liang Xingxia shouted three times, no one in the audience responded, and the auction was declared unsuccessful.  The owner of the snow lotus, a fat businessman from Uighur, 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 lotus 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 extremely panic market sentiment, 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 were crying, some were laughing 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 deliberation, 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, it is also 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 this consignment. The consignment 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 flower is 1 tael and 3 yen of silver, and the base price of a single eight-leaf snow lotus flower 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.

    ¡­¡­

    ?????????????Jinbo Auction House will be open to acquisitions in order to stabilize current prices and stabilize the market.

    The policy of Jinbo Auction House to support 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 gave a detailed explanation.

    It sounds like Jinbo Auction House¡¯s support operation will cost a huge amount of silver, but this is not the case.  The announced reserve price itself is very low. It can be optimistically estimated that except for snow lotus, it is basically impossible to receive the goods.

    ¡° 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 estimates that it may not cost more than 10,000 taels of silver in total to support the market at the lowest price.  The key is to make 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 the same as 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 the goods listed in the five thirteen categories, such as dromedary camels, Daming Shu brocade, etc.  , the price bottomed out and even rose slightly.

    These commodities are daily consumables and have their own value and demand. In the past, they were completely killed by market panic. 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. It really turned out that Shiting had gone to Jiuting!

    The three of them returned to Longmatai Temple and sat in the monk's dormitory. 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!

    Until it was dark and the lights were on, 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 disharmony, 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."

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