Super-rich: Spending money is just a job!

Chapter 76 Entering Beijing 53

Of course, the auction also included heavyweight gemstones such as jade Buddha statues, which were of even higher value.

They are mostly priced at hundreds of millions.

Xiaomeng wasn't interested in the Buddha statues, but instead bought a jade leaf-shaped pendant that was as green as the bottom of a beer bottle, which cost over 100,000 yuan.

I plan to buy it as a gift to celebrate Xiaodoudou's discharge from the hospital, and hang it around her little neck.

Xiaomeng heard from Attorney Deng that those jade Buddha statues seemed to have been auctioned off by auction houses in the south.

Businessmen over there really like to acquire jade Buddhas.

"Another group is the Southeast Asian nobility, who really like to buy these jade Buddha statues to worship," said Attorney Deng.

The jewelry being auctioned at the scene varied in price, ranging from tens of millions of dollars to small pieces worth only tens of thousands of dollars.

Xiaomeng asked a question that had always been a source of curiosity.

"Attorney Deng, may I ask a very layman's question: why are there such large differences in the prices of the auctioned items?"

Some of these small pieces of jewelry only cost tens of thousands of yuan, which seems affordable for ordinary people.

But why didn't I see any ordinary people at the auction?

Lawyer Deng smiled and said, "That's right. That's how it is at these large auctions. As long as you pay a deposit, ordinary people can come in and participate in the auction."

However, to participate in the auction, bidders need to have relevant professional knowledge and sufficient financial resources as collateral.

Let me tell you, many items at auctions, although marked with starting prices, reference prices, and information about the age of the items, are actually quite expensive.

However, the auction house is not legally responsible for these annotations.

Bidders need to use their own professional knowledge and experience to make their own judgments.

This is why auction houses allow bidders to hold and examine the items before the auction begins.

Xiaomeng gasped, "They dare to sell something for tens of millions without any legal responsibility?"

Attorney Deng asked, "That's why it's important to choose a reputable, large auction house when participating in an auction to ensure a better guarantee of success."

Xiliang Seal Society Auction Company is a reputable large auction house with a long history. It is known for its high-quality, authentic items and high rate of genuine pieces.

Therefore, you can rest assured when buying treasures worth tens of millions here.

Hearing this, Xiaomeng finally felt relieved, almost thinking that she had come to spend money to buy something but ended up with nothing.

It seems that these long-established, large auction houses are of a higher standard, value their reputation, and are generally more honest in their business dealings.

No wonder so many people are willing to believe in it and come here to participate in its auction.

"Ordinary people, without relevant professional knowledge, may rashly come to this auction and buy the wrong item at an abnormal price, resulting in losses."

"Especially in the category of ancient books, paintings, and antique collectibles."

It requires a great deal of professional knowledge; not only do you need to be able to date artifacts, but you also need to have some knowledge of artifact restoration and be able to identify certain types of artifacts…

To put it simply, antiques, over the long course of time and through the transmission of countless dynasties, may inevitably lose something, and the collectors of that time may have carried out some kind of restoration or manipulation on them.

Such operations may affect the value of antiques and cultural relics, and without relevant knowledge, the average person would be completely unable to determine it.

This is some inside information I know, so it's a wise choice for ordinary people not to attend these professional auctions.

With a smile, Attorney Deng explained, "The reason I came to Huilai to participate in this auction is because I received reliable information that confirms this jade necklace comes from a top noble family in Southeast Asia."

It is a piece of jewelry passed down through a family. Because the family recently split up, this necklace came out by chance.

When it comes to jadeite collecting, Southeast Asia has a geographical advantage, as they have many channels to obtain top-quality jadeite.

Therefore, this jade necklace has a clear provenance and reliable origin, and it's one of my cherished possessions, which is why I bought it.

Upon hearing this, Xiaomeng immediately felt a little embarrassed.

Those who participate in the auction are all real big shots; none of them are just randomly bidding or buying.

She came to this auction all by herself, seemingly there to complete a mission, as if she were there to disrupt the market.

Why is this auction so different from what she imagined?

In her imagination, shouldn't an auction be a stage for a group of rich people to show off their wealth and flaunt their riches?

Did she wander onto the wrong set?

Actually, Xiaomeng's original intention was to witness the scene of rich people competing in auctions.

For some reason, Attorney Deng said to Xiaomeng, "Xia just said that your invitation is an invitation to the inner venue?"

In that case, you can attend the exclusive exchange session inside the venue.

"A high-quality exchange meeting? What's that?"

"Hey, it's nothing much, it's just those old guys taking out their prized possessions to show off and flaunt them."

Let me put it this way: those items are all priced ridiculously high; they're not genuinely trying to sell them.

The items are all good quality, but the prices are definitely very flexible.

Moreover, some of the items inside are prohibited from leaving the country. If you buy them, you'll be registered and monitored. In short, it's very troublesome, so it's best to avoid them altogether.

Tap the screen to use advanced tools Tip: You can use left and right keyboard keys to browse between chapters.

You'll Also Like