I Open a General Store in Early Tang

Zhuang Zhou, unemployed at home, unexpectedly obtained a time-space gate that could travel to the Tang Dynasty's Zhenguan era, and could also carry items with him. Thus, Zhuang Zhou embarked on...

Chapter 367: Starting Your Own Auction Company (Thanks to Readers for the Reward)!!!

Li Mingsheng was stunned for a moment and asked:

"Mr. Zhuang, do you want to set a reserve price?"

Now it was Zhuang Zhou's turn to be confused.

"Mr. Li, what does this mean?

Shouldn't auction items have a starting price?"

Hearing Zhuang Zhou's question, Li Mingsheng knew that he didn't know much about Christie's auction house.

So he explained:

"What we offer is an appraisal price, which is a range between the lowest and highest prices, and we will not give a starting price.

Of course, as a seller, you can also agree on a reserve price.”

Zhuang Zhou asked in confusion:

"How do we make an agreement? I don't really understand."

"Oh, that's right."

Li Mingsheng said patiently:

"For example, take your emerald gemstone. Our estimated value is between HK$13.9 million and HK$15.8 million.

Based on this price, you can agree with our company on a minimum transaction price, such as 20 million Hong Kong dollars. If the price is lower than this, the transaction will not be completed."

I see!

Zhuang Zhou nodded slightly.

Li Mingsheng continued:

"Of course, there is also a no-reserve auction, which means the item will be sold regardless of the final price. Therefore, for buyers, a no-reserve auction item may be a great opportunity to find a bargain!

But even for unreserved lots, Christie’s will still provide an estimate and set a value range for buyers to use as a reference.”

All right!

Zhuang Zhou said he had learned something new.

However, Zhuang Zhou was still shocked when he heard the estimated value of the emerald.

Between HK$13.9 million and HK$15.8 million.

Converted into CNY, this is approximately 12.81 million to 14.56 million.

Oh my god!

I can change to a villa!

This is so damn valuable!

and.

This emerald seems to be the worst of the four treasures provided by Zhuang Zhou.

Thinking of this, Zhuang Zhou couldn't help but urge:

“What about the others?

What’s the estimated value?!”