Chapter 512: Sudden Ruckus (1/2)

Chapter 512: Sudden Ruckus

Translator: Nyoi-Bo Studio Editor: Nyoi-Bo Studio

The so-called ht but it was bound to happen on and off in the industry The major auction houses called monopoly auctions ”vicious” auctions If one started to develop, the auctioneer had the right to call off the auction

A roup of people who knew each other, and were possibly allied, participated in an auction When the auction started and one person placed a bid, the others would not bid

For the auction houses, the auctioneers, and the storage coreatest when everyone participated and placed bids in an auction The her the price and the oals of oals of a normal auction They affected the development of the market as well as the auction houses' profitability

For the general auctions such as the ones organized by large auction houses like Christie's and Sotheby's, a monopoly situation was unlikely to happen because they invited the participants themselves The chances of an alliance between these people were very low

However, it was a different case with storage auctions

If treasure hunters allied up, they could use the lowest price to win every single unit on auction and they would split their earnings when they sold the goods later on

Li Du had a question ”Alright, but why didn't the auctioneer stop the auction? Oh, I get it now!”

After he blurted out this question, he realized that he had asked an idiotic question It was obvious that this auctioneer and the Tucson Brotherhood had soether!

”You get it now,” said Hans ”The auctioneer and the Tucson Brotherhood have a close relationshi+p Although he ht not earn ive hiht even be a very attractive a Li Du now adopted a serious attitude towards this The last one he had failed to get his hands on If he missed this one because of the same tactic, this would have been a wasted trip to Tucson

When the viewing ended, Li Du threw a glance at Hans Li stood right in front of the crowd and Hans did the sale

The treasure hunters noticed their change in attitude and were puzzled They wanted to check out the unit again but the entrance had been locked up; they couldn't see anything

However, even if it were open, they wouldn't see anything unusual about the unit This unit only contained chests of wooden planks and pieces of wood And from the color and smell of the wood, they were ordinary poplar wood, which was not worth much

The auctioneer raised an ar and now let's start our second auction The starting price is still 500 dollars, 500 dollars, 500 dollars!”

Hans shouted, ”500 dollars, us!”

Princeps touched his toothbrushMexican man said, ”600 dollars!”

Hans continued to bid ”Seven hundred dollars!”

Another treasure hunter placed a bid ”Eight hundred dollars!”

But just as that treasure hunter placed his bid, he suddenly found himself surrounded by the Mexican treasure hunters

The treasure hunter was angry and roared, ”Hey, you're in my way What do you all want?”

A Mexican went up and talked to him in a low voice, and the treasure hunter walked aith a look of resentment

Li Du witnessed the whole incident and furrowed his brows He knew that the auction would not go smoothly