Chapter 390 Not enough capital

The auction hall is very large, but there are not many people entering, only about sixty in total.

After entering the hall, everyone found their seats and sat down, waiting for the auction to begin.

On the large rostrum in front, there are twenty gambling stones, some of which are very large, and some of which are average in size. Because he can't go on stage yet, Zhang Yu doesn't know the specific situation yet.

After a while, a host came on stage and announced the rules of today's stone betting auction.

This auction will be held in the form of a hidden bid, which is also an old rule.

If clearly marked, although it looks fair and square, sometimes it can be very deceptive. In the early days, the Longmen Stone Market was also clearly marked, but as a result, some good gambling stones were bought by large jewelers, whose strength was limited. Even if they chose a gambling stone, they would not buy it at all. Less than.

So in the later stage, those small and medium-sized jewelers stopped participating in the auction. They knew they couldn't do it, so they didn't do it.

Sometimes, there are even jewelers who obviously don't like it, but it can be seen that there are small jewelers competing, so they turn around and interfere.

Without the participation of small and medium-sized jewelers, only a few large jewelers are playing here, and the transaction price will not be able to increase immediately. In an activity like auction, if there are many people, the price can be raised. If there are no people, there is no point in fighting. What's even more terrible is that some gambling stones cannot be photographed.

Taking this into consideration, Longmen Stone City changed its policy three years ago and conducted auctions with hidden bids. After everyone is optimistic about which gambling stone, they mark the price and throw it into the box. Then several notaries are responsible for opening the box and announcing the winning bid.

As a result, small and medium-sized jewelers felt there was an opportunity and gradually came back. Facts have proved that it is indeed fair, and many small and medium-sized jewelers can take photos of their favorite gambling stones.

Today's secret bid, Longmenshi City announced the six notaries present. There are three from the Jewelry Association, two from the local notary office, and one from Longmen Shi City.

Gambling stones may not necessarily produce jadeite. Even Longmen Stone Market itself cannot determine whether this gambling stone will rise or fall. Even if it has a window, it doesn't necessarily look like it will look like after it is cut open. If he could be sure of this, Longmen would even cut him open at the auction.

Because of this, there is no such thing as cheating in secret. A secret bid, everyone bids, and the highest one is chosen. Even if you win the bid, you have to leave it to fate.

After announcing the rules, the host asked the distinguished guests present to come on stage in batches to observe the gambling stones, and then prepare their quotations.

Zhang Yu and Nie Huaibo appeared on the stage together. Yang Ying and Ye Rong didn't understand much, so they didn't go up and sat down below to chat.

The first gambling stone to be auctioned is naturally No. 1. The size of this gambling stone is not small, and the minimum bidding price is marked on it - 75 million.

The window area of ​​Gambling Stone is not small, it can be as big as two palms, revealing the green jade.

Nie Huaibo used a strong flashlight to confirm. First, he had to understand the water in which the jadeite was grown, and then evaluate the size of the jadeite inside.

He was soon able to determine that it was a piece of jadeite grown from Cuisi. As for the size of the jade inside, it is difficult to determine.

But when Zhang Yu saw this, he was overjoyed. He could feel the size of the jadeite. He had never known what the jadeite inside looked like before.

Now, if you cut out an edge and know what kind of jade it is, and you can determine the size, you are not yet sure of winning.

As soon as Zhang Yu touched it, he was immediately sure that more than half of this gambling stone was jade.

But Zhang Yu didn't know much about the market, so he asked in a low voice: "Uncle Nie, this piece of jade is priced at 75 million. How much does it have to be sold to get back the money?"

Nie Huaibo said: "In terms of market value, at least a quarter of the volume must contain jade. But based on the processed selling price, as long as one-fifth of the volume contains jade, the cost can be recovered."

Zhang Yu estimated the size of this piece of jade. According to Nie Huaibo, it should be worth more than 160 million. But he ignored one problem, that is, the larger the overall jade, the higher the value.

Long Huachi and Long Huarong came up in the same group as them. When Long Huarong saw Zhang Yu, she immediately curled her lips and said, "How did you get in?"

"One hundred million dollars doesn't seem like a lot of money. I had good luck yesterday and accidentally made one hundred million dollars." Zhang Yu said calmly.

"I was lucky yesterday, but I may not be so good today. If you are optimistic about something, tell me quickly. If I don't fight with you, I will lose you to death!" Long Huachi said bitterly.

"Then let's wait and see who will lose to death when we see it." Zhang Yu said disdainfully.

Both sides were at war with each other. After stepping down, each went to prepare.

Then the second group of people came on stage and continued to observe the No. 1 gambling stone.

Sitting back in his seat, Nie Huaibo asked in a low voice: "Xiao Yu, what do you think of this gambling stone?"

Zhang Yu whispered: "I think the size is not small, and it will definitely make money."

After all, I figured it out myself, so I have confidence.

Nie Huaibo began to fill in the quotation form for gambling stone No. 1, which Zhang Yu also had. Although he knew that he would definitely make money, he felt that it was not very cost-effective to invest 75 million to only make double the profit. He would look at it later and throw the money away without hesitation.

I only have this little money, and I am not a wealthy person.

Nie Huaibo was also very optimistic about this gambling stone, and he bid 90 million. Because the quotation form must be filled out, if you don't like it, you can write a waiver, so Zhang Yu marked a waiver.

Then, the host announces that all the distinguished guests will send their quotations to the cabinet on the rostrum.

After it was confirmed that everyone had voted, the auctioneer and six notaries opened the box together and announced the results.

The auctioneer has to read all the bids from everyone and finally determine the highest one, which is considered fair. In the end, this gambling stone was bought by Zhou Pangpang Jewelry Store for 110 million.

After the results came out, Zhou Pangpang's manager carried out the settlement and delivery. The gambling stones were moved to the stage and marked with names. They would not cut them for the time being until the auction was over.

The other people went up in batches again to observe the No. 2 gambling stone.

The base price of No. 2 gambling stone was 100 million. Nie Huaibo quickly determined that it was a piece of glass jade. Although the water level was a bit low, as long as one-fifth of the price was paid, that would be enough. When Zhang Yu touched the piece of jade, he found that almost two-thirds of it contained jade. In other words, the jade inside is worth at least 300 million. If converted according to volume, it is actually worth 400 million.

Zhang Yu saw that the deal was good, but Nie Huaibo wanted to win the gambling stone and bid 200 million. Zhang Yu's family didn't have the money, so they could only put in a symbolic sum of 100 million.

The final result was that Longhuachi of Long Jewelry won the gambling stone for 230 million.

Seeing Longhuachi triumphantly going up to settle the settlement, Zhang Yu couldn't help but frown secretly. Even if he could feel out the size of the jadeite inside the gambling stone, it seemed to be of no use.

I only have more than 100 million, how can I play with others? Even if I encounter a good jade, I can't get it. Moreover, Long Huachi was so lucky that he really had no tricks at all.