Chapter 113: Auction (4) (1/2)
The next item up was the Potion Recipes , now this segment had many intrested buyers , potion recipes could be a one time investment that would generate potentially endless returns , if all the cards are played correctly. But it is only worth being purchased at the right price , some potion recipes are having an extremely nichè use , while some recipes are inferior to other products in the market , only for the correct price is it worth it.
The first potion recipe up for bidding was the basic poison dispell potion!
Starting bid - 15000 gold.
Minimum increment - 500 gold.
Buyout - 100,000 gold.
The item was not bad , and had many intrested bidders , especially the 2 nd rate guilds , they wanted this item to become the backbone of their guilds economy.
Most people looked towards VIP room 1 before placing the initial bid. They were scared that it would buyout the moment it was placed.
After waiting for a good ten seconds , and hearing no voice from VIP 1 , someone shouted
16,000
18,000
21,000
22,000
26,000
29,000
The intense bidding war had started. Rudra looked at the product and the surging price , it was a good product to have to be honest , however because it was the basic poison dispell potion , he felt it dint fit the theme of Elite lifestyle , had it been intermediate or advanced grade , he would have bought it in a heartbeat.
Kalash was baffled at how Rudra bid at the auctions , he was of an opinion that even if 1000 gold could be saved it should be saved , but his opinion fell on deaf ears as Rudra did as Rudra liked.
Karna sighed at this scene , he did not understand Rudra's actions at all , buying ingredients whose name he had never heard , for the buyout prices , it was not ideal in his view. However time and time again Rudra has shown that his actions always have a deeper meaning, hence he trusted the leader and kept mum.
Meanwhile the bid for the basic poison dispell potion reached the 50,000 mark!
It seemed like a second rate guild would win the bidding war as no other bids were being heard , when finally for the first time VIP2 placed a bid.
60,000 gold coins!
A direct increment of 10,000! , Although not as flamboyant as Rudra directly saying buyout , it was still flashy .
The second rate guild felt despair , it did not have more than 70,000 liquid funds total , should he use more than 60,000 on a single item. It would be bad for the guild.
Cursing in their minds , they kept their silence.
The fairy auctioneer went on to say
70,000 going once .
70,000 going twice ....
70,000 going thrice , congratulations to VIP2 for the item.
The alliance cheered after winning their first item , the overall atmosphere had improved a little as it was decided that Scorpio the leader of SeaOfPoison guild would become the spokesperson for the auction , and all transactions under 500,000 will need no majority voting and could be decided by him alone.
Hence under this agreement , the first part of the auction for the bidding of common items , would be taken care by him.
The items kept coming , as more and more recipes were out for auction .
Every item saw passionate bidding as the smaller guilds kept fighting over minimum increments to win the bidding war.
The second item went for 45,000 gold to a second rate guild.
Simmilarly item 3 went for 50K to a third rate guild.
Item 4,5,6 were bought by other 2 nd rate guilds in the neighborhood of 40-55 K
Only when item 7 came out , did Rudra's interest pique.