Chapter 1570 - Public Auction (2/2)
Zhong Da Pao went over and stuffed a pack of cigarettes to hilanced around and noticed that no one was looking, he furtively pocketed it Then, he frowned and said, “Master Pao, please don’t cause trouble, alright?”
“What trouble could I cause?” Zhong Da Pao rolled his eyes “I acco to attend this auction together”
The hed “You want to attend? Do you have a lot of ave him a shove and said with a blank face, “Go to hell! I’m capable of more than you think!”
Apparently, the military officer and he were faive the a s the location, Li Du re Da Pao that he had never attended a public auction before and asked for a brief introduction
The auction would be carried out in tays, a secret one and an open one
A secret auction was iving out slips for the bids The businesso in search of the stones that they were interested in Then, they would indicate on the bidding slip their registered number, name and the price and a serial number of the jade piece Finally, they would sub box for the ite this process, those who entered the bids would not knoho else was interested in the jade, or how high their bid was At the ti price would be publicly announced along with the ite the transaction
Open bidding was rarer It was similar to other auctions The jade businessather in the trading hall The staff would announce the ite number and the bidders would place their bids on the spot Whoever bid the highest would win It was a fair and square process
“In terer portion, about eighty percent overall Open bidding would only be twenty percent,” Zhong Da Pao explained
Li Du nodded “Alright, I understand now”
Zhong Da Pao said, “D department is too smart In this way, after everyone set their eyes on their stones, they would be forced to h bid to make sure nobody else snatches their piece fro!”
Li Du s depart about it? When it coood at that Do you knohat my profession is?”
“A top executive at Harry Winston Inc?” Zhong Da Pao asked
Li Du shook his head “No Brother Wolf, tell him”
Brother Wolf said, “Boss works in the auction trade He is a professional expert in auctions Every year, he attends hundreds of auction, including property auctions, car auctions, Sotheby’s, and other luxury ite that, Zhong Da Pao perked up “Ah? Master Li, you understand jade so well I thought you were a professional geh Brother Wolf was pretty decent at talking He made the warehouse and property auctions sound very impressive Those two trades were considered low-level in A the rules of the auction facilitated their work the next day
Li Du followed Zhong Da Pao and Liu Zi towards the auction location As there were huge nue of security, there was no need for theot them to wait outside
The auction space was rather crowded If he had not known otherwise, Li Du would have thought that it was an old supermarket
The auction was set by the roadside Not far away, there was an entrance There were many trishaws, forklifts, tractors, cranes and otherthe stones The trishaere also meant to ferry the people
As the road was narrow and the road conditions were poor, trishaere the ardless of how much net worth people had, they all arrived at the auction in trishaws
Hence, when Li Du walked over, he saw a curious show In front, there was a o on his belt shone brightly from his waist With just that belt, he would be able to buy a few of those trishaws
Besides, there were also beautiful ladies who got off the trishaws, sauntering in When they alighted, they wore a look of disgust, quickly shaking invisible debris off their clothes Every time that happened, Liu Zi’s eyes would follow the contours of their bodies