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?!”
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