Chapter 1059: Jade Public Auction of the Kingdom of Dipsava
So as soon as they arrived at Yang City of the Kingdom of Dipsava, Gu Ning and Leng Shaoting went to the hotel first, took a shower, changed clothes, and then went to the public auction.
However, as soon as he entered [Yangshi Hotel], Gu Ning met an acquaintance.
This acquaintance is Zhao Yuefeng.
Zhao Yuefeng was delighted when he saw Gu Ning, but he was not surprised because he already knew the reason why Gu Ning came.
"Miss Gu, what a coincidence!" Zhao Yuefeng greeted Gu Ning with a smile, then his eyes fell on Leng Shaoting and he also greeted him politely: "Hello, Mr. Leng."
"Uncle Zhao, when did you come?" Gu Ning also greeted Zhao Yuefeng with a smile, and Leng Shaoting just nodded towards Zhao Yuefeng to express his greetings.
Because Zhao Yuefeng already knew Leng Shaoting's cold personality, he didn't mind.
"I arrived yesterday. Judging from Miss Gu's appearance, she should have just arrived!" Zhao Yuefeng said, because Gu Ning was still wearing long-sleeved clothes, but people who came to Yang City of the Dipsava Kingdom had already changed into refreshing short-sleeved clothes because it was very hot here.
"Yes! I just arrived." Gu Ning replied.
"Have you booked a room?" Zhao Yuefeng asked with concern, because there were no rooms available. If they hadn't booked one before, they would have to find another place.
"Yes, it's booked. Now go back to the room, take a shower, and then change clothes." Gu Ning said.
This time, Gu Ning brought a small suitcase with her, Leng Shaoting's and some clothes, as well as some cosmetics.
Because Leng Shaoting was with them, Gu Ning couldn't just put it into the space.
"Okay, I won't bother you anymore. I have a few friends over there, so I'll go over first." Zhao Yuefeng said, and then reminded: "You guys have to hurry up too, so you have more time to look at the signs!"
In fact, Zhao Yuefeng really wanted to go with Gu Ning, because with Gu Ning's ability in gambling on stones, he might get some guidance and help by going with her, but he didn't want to disturb her.
Anyway, the public auction lasts for three days, and it’s all held at the public auction, so you will meet him sooner or later.
The Jade Auction of the Kingdom of Dipsava is held for three days. The first day is for bidding and viewing, the second day is for announcing the results of the previous day's blind bidding, and in the afternoon the stones can be cut in public. Of course, whether to cut the stones or not is up to the individual, but after the results are out and you have paid the money, the rough material is yours and you can do with it however you like.
The third day of the public auction is all about bidding, which is the live auction.
"Okay." Gu Ning responded, and then they separated. Gu Ning and Leng Shaoting first went to the front desk to get the key, and then returned to the room.
Gu Ning and Leng Shaoting moved quickly. Within half an hour, they had both showered, changed their clothes, packed up, and went out.
All transactions on the public market are conducted in Interstellar Coin, which is referred to as Star Yuan.
The Interstellar United Bank is the highest bank on the planet Alpha. It was jointly founded and regulated by the countries on the planet Alpha. Therefore, the Interstellar United Bank has currencies from all countries and they can all be exchanged.
There are staff on duty 24 hours a day.
Also, because it is jointly controlled by various countries, everyone checks and balances each other and confidentiality is extremely high, so those very wealthy people like to deposit money in the Interstellar United Bank.
When entering the gate, Gu Ning showed the invitation letter, and then the other party gave Gu Ning a document, which was written in English and included bidding precautions, bidding item numbers, bidding categories (open or blind bids), quantity and reserve price, bidding time, and other matters.
Although the rules state that admission is by invitation only, you can still enter and exit as long as you pay someone to bribe them, but you will be treated the same as if you did not receive an invitation.
The public auction venue is not just a large square. On both sides of the square are shops selling raw materials, and in the middle of the square are stalls selling raw materials.
The raw materials bid in the store are carefully selected, and the probability of producing green is slightly higher, so the price is slightly higher. Of course, as the saying goes, it is difficult for gods to tell the jade, and no one knows how high the green rate is in those raw materials.
The ones in the square have not been carefully selected and are no different from those in the gambling stone street, so the probability of getting green is much lower and the price is also lower.
The surrounding shops have three floors, but only the first floor sells raw materials. The second and third floors are teahouses and restaurants that provide rest areas. However, only those who receive invitations can go in to rest.
Directly opposite the venue is a five-story building, which is the jade auction hall.
There were a lot of people at the auction, but because the venue was large and people were dispersed, it didn't seem crowded.
However, there were so many raw materials at the public auction that it was impossible for ordinary people to spend the morning looking at the bids. It would take a lot of time to look at one raw material. But for Gu Ning, it was not a problem. He did not need to observe them one by one, he could see through them at a glance.
There is no limit to the number of bids you can submit, as long as you have the money, it doesn't matter if you bid all of them.
But it is impossible for anyone to do this.
There are tens of thousands of rough materials at the public auction, but it is unknown whether there are jadeite among them, so even if you buy all of them, you may not make money. Therefore, with such a big risk, no one would be stupid enough to do it.
Gu Ning took a pen and a list and started looking at the stalls on the street. Because the raw materials in the storefront had a higher chance of producing green stones, many people went there and it was too crowded.
Anyway, the rule is bidding. Multiple people can bid for one jadeite, and the one with the highest bid wins. It's not like you can just buy it if you like it.
Because there are a lot of raw materials, not every raw material can be favored. However, if Gu Ning likes one, he can bid a higher price to ensure a greater chance of winning.
However, no matter how high the bid is, it will only be less than one-tenth of the jadeite sold. No matter what, Gu Ning will make a profit.
Leng Shaoting followed Gu Ning quietly. Even though Gu Ning ignored him, he still didn't feel bored.
Gu Ning only wanted jadeite of medium to high quality or above, and if she bid too much by herself, it would be too conspicuous, so she would give some to Leng Shaoting to bid on later.
There are still many white stones in the rough material.
Among a pile of hundreds of rough materials, ten of them contain jadeite, which is considered a lot. And among this rough material with jadeite, there are two top-quality jadeite, which is considered a lot.
Some stalls don’t even have any top-quality raw materials.
After looking at five stalls, Gu Ning marked three mid-to-high-quality ones and two high-quality ones. By the sixth and seventh stalls, there was nothing Gu Ning wanted.
When he arrived at the ninth stall, Gu Ning ran into Zhao Yuefeng. He and several other bosses were carefully observing the raw materials.
"Miss Gu, you're here." Zhao Yuefeng greeted Gu Ning when he saw her.
Gu Ning looked at the raw material in Zhao Yuefeng's hand, smiled and said, "It doesn't look like there is any."
After hearing what Gu Ning said, Zhao Yuefeng knew that there was nothing good in it, so he let go immediately.
(End of this chapter)
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