This century-old wild ginseng in front of me is not only of excellent quality, but also extremely rare in terms of both appearance and age.
In his more than forty years in the industry, Li Zhongxian had never seen wild ginseng of such high quality before.
And it's a century-old wild ginseng!
No, it should be more than a hundred years old. Judging from the quality of this ginseng, it is at least 120 years old!
Lee Jong-hyun's hands trembled as he held the box containing the century-old wild ginseng. He was so excited that he was almost at a loss for words, muttering to himself repeatedly:
"This is top-quality! It's the absolute best of the best!"
"A wild ginseng that's over a hundred years old, at least 120 years old, is top-grade, truly top-grade!"
"What? What did you say, Elder Li?"
Chen Qiuxia wondered if she had misheard, and looked at Li Zhongxian in shock: "Old Li, you said this wild ginseng is over 120 years old? Is that true?"
"No mistake, no mistake, my judgment is never wrong."
Li Zhongxian excitedly counted the roots on the ginseng and nodded with great certainty, saying, "The roots of this ginseng are so abundant. Although it is dried ginseng, you can still see that each root is plump and of excellent quality. It must be at least 120 years old."
"Indeed, Elder Li's judgment is truly remarkable. This wild ginseng of mine is indeed over 120 years old."
Su Zhengnan couldn't help but smile slightly, took a sip of tea, and said, "Gentlemen, you should have examined this ginseng quite thoroughly, right? I wonder what your company's bottom line is?"
The reserve price is the starting price set by the auction house.
This starting price is the minimum price for the auction; once the auction is successful, the price cannot fall below this starting price.
Chen Qiuxia was stunned for a moment, then came to her senses and said excitedly, "Well, Mr. Su, we didn't expect that your century-old wild ginseng would be over 120 years old. I need to ask my superiors about the specific price. Is that alright with you?"
Su Zhengnan smiled and nodded, saying, "Yes, that's fine. Miss Chen, please feel free to do as you please."
"Thank you for your understanding, Mr. Su."
Chen Qiuxia stood up, smiled and thanked her, then went out to call her superior for instructions.
It's worth noting that even a mediocre century-old wild ginseng can fetch three to four million at auctions, let alone a century-old wild ginseng of exceptional quality.
Moreover, this ginseng is over 120 years old.
Don't underestimate the fact that it's only twenty years longer than a hundred years.
Even if a wild ginseng is just one year older than a hundred years, its medicinal efficacy will be upgraded by a whole level, which is incomparable to any increase in the number of years.
Chen Qiuxia communicated with her superiors for a short time and quickly received a positive reply.
After hanging up the phone, Chen Qiuxia came to Su Zhengnan with a smile and said, "Mr. Su, I just consulted with my leader. To show our auction house's sincerity, we are willing to offer a starting price of 6.88 million. What do you think, Mr. Su?"
"Six million eight hundred and eighty thousand?"
Su Zhengnan smiled slightly and nodded, replying directly, "Alright, this price is reasonable. Let's auction it off at the starting price!"
Although compared to wild ginseng that is over a hundred years old, a price of nearly seven million is not considered very high.
But this is only the reserve price at the auction.
The final auction price will definitely not be less than seven million.
Both Su Zhengnan and the auction house were confident in this, so Su Zhengnan was quite satisfied with the price.
"Alright, since Mr. Su agrees, let's sign the contract!"
Chen Qiuxia quickly took out the contract she had brought, wrote down the amount of 6.88 million in the blank base price column, and then handed it to Su Zhengnan with a smile.
Su Zhengnan took the contract and glanced at it, discovering that the commission rate was six percent.
This means that if this century-old wild ginseng is auctioned for seven million, the auction house will have to take a management fee of about four hundred thousand.
Swish swish swish!!!
Su Zhengnan thought the percentage of management fees was reasonable, and he signed his name on the contract.
Seeing Su Zhengnan sign his name on the contract, Chen Qiuxia's face lit up with joy. As she took back the signed contract, she smiled and said, "Mr. Su, now that the contract is signed, shall we take this century-old wild ginseng back with us?"
"Okay, you can take them with you!"
Su Zhengnan naturally knew the rules of the auction house: the other party would only pay you after the item was sold at auction.
If the item remains unsold at auction.
Not only does the person who bids for the item not receive a penny, but they also have to pay the auction house a certain handling fee, which is the cost of storing the item.
This fee may sound a bit outrageous, but its function is actually the same as buying insurance!
While you pay this handling fee, the auction house is responsible for protecting the item in good condition. If it is lost or damaged, the auction house will be required to compensate for the loss or damage.
"Thank you, Mr. Su. I hope our cooperation goes smoothly."
Chen Qiuxia smiled and shook hands with Su Zhengnan, her intellectual smile as beautiful as a lotus flower blooming in summer.
"Yes, I hope our cooperation goes smoothly!"
Su Zhengnan smiled and nodded. He naturally hoped that his century-old wild ginseng could fetch a good price.
It's like testing the waters!
If this century-old wild plant can fetch a good price.
Then he can sell a few more ginseng plants, and the money will come in!
Chen Qiuxia was naturally unaware that Su Zhengnan possessed more than ten century-old wild ginseng plants.
If she had known, she would definitely have tried to get close to Su Zhengnan, that rich bachelor. After all, if all ten or so century-old wild ginseng plants were auctioned off, she could have earned two or three million just from the commission!
Zhou Zixuan walked in from outside with a curious look on her face. She glanced at Chen Qiuxia and the other person who had left, and asked Su Zhengnan:
"Dr. Su, what do these two people do? I saw you talking to them for quite a while!"
Su Zhengnan smiled slightly and said, "They've come to discuss some business with me."
"Someone want to talk business with you?"
Zhou Zixuan was clearly a little skeptical, saying, "What business could they possibly be discussing with Dr. Su? I'm just a school doctor!"
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