Chapter 537 Betting on Stones (1/2)
Chapter 537: Betting on Stones
Translator: Nyoi-Bo StudioEditor: Nyoi-Bo Studio
Raising the opal high, the man acted as though he were a movie star. He looked at the crowd proudly as he declared, ”Hey, look at this precious gem—is anyone interested? I can sell it!”
As his gaze swept around, he could not help laying his eyes on Sophie.
With a snigger, he said, ”Hey babe, come over here. I've got something valuable to show you. You're sure to like it.”
While Sophie fumed, Li Du answered dismissively, ”What's so valuable? That worthless thing in your hand? It's just a muddy stone.”
”You can be jealous all you want,” the gem hunter answered smugly. ”The more you say, the more jealous you are. A muddy stone? Haha! That's funny!”
The other gem hunters laughed. Someone teased, ”Lad, you must not know the value. Come, Cyril, tell him the value of the stone!”
The gem hunter with the opal glanced around. ”Who wants to own this? This is the real deal—a real deal that I just found. Name your price if you want it—how about 5,000 dollars!?”
Some of the tourists gasped upon hearing the starting bid. ”Sh*t, this thing is worth 5,000 dollars?”
An opal was a very valuable gemstone, especially the highest grade black opal from Australia. It was usually sold according to weight—the rarest ones could go for 5,000 US dollars per carat.
However, that was for the purest type of fine opal. The prices for regular opals was much lower; even the fire opal was worth much less than the black opal. The one in Cyril's hand was just an ordinary one, but as it was a significant size, it was still worth quite a bit.
In the crowd was someone who knew a good thing when he saw one; he said, ”Okay, 5,000 dollars, sell it to me.”
Cyril ignored him. ”Alright,” he shouted, ”5,000 dollars, 5,000 dollars, 5,000 dollars. Someone's willing to pay 5,000 dollars for this gemstone. Is there anyone offering 5,500 dollars?!”
Someone else threw in a bid. ”I offer 5,500 dollars.”
Li Du frowned. ”What's the meaning of this? An instant auction?”
Someone who was familiar with this trade said, ”The fire opal is rare. These hunters may not be able to find a single one for one whole month. Each time they find one, they will auction it off.”
”Do tourists carry that much money on them?” Li Du asked.
”No. The people bidding are not tourists, they are fire opal collectors or gem traders,” the man explained. ”They wander around the park looking for hunters who have found precious stones.”
During their conversation, the price of the opal continued to increase and reached 8,000 dollars.
Li Du said thoughtfully, ”Gem hunting? This sounds like a pretty good job. Interesting.”
It would probably not be a problem for this ordinary-looking opal to fetch 10,000 dollars. If that was the case, then the gem hunters' income was likely pretty good—at least better than that of regular storage auction treasure hunters.
In fact, gem hunters could be considered a type of treasure hunter. Li Du had previously known very little about the industry and had no idea how wide the treasure hunting scope was.
Hearing Li Du, the person next to him shook his head. ”It's not as easy as you think. There are not enough opals. This is not Australia—sometimes the gem hunters don't find one for months.”
Opal mining was very concentrated—95 percent of them came from Australia, with black opals and milk opals the most popular. The other 5 percent came from the central part of North America, with fire opals as the main type.
Li Du thought about it for a while and then released the little bug to fly about the rocks nearby to look for this precious gem.
Unfortunately, as the opal was a natural stone, it probably also contained time energy. But as it was not made with effort, it did not hold any attraction for the little bug and so it did not take the initiative to carry out the search.