Future Stamps and Coins Diary

Chapter 159 I'll sell it to you for a dime
"Is it in BJ?" Li Jicheng asked. Seeing Lu Feng nod, he also nodded and said, "At the end of October, it is most likely the International Coin Expo."

"What, are you interested?"

Lu Feng nodded: "I have been in this industry for so long, how could I not have seen this largest stamp, coin and card event?"

"Haha..." Li Jicheng suddenly sneered, "What's there to see? To put it bluntly, the auction is just a cover, a propaganda tool. Do you really think those collections were sold for real?"

"I have heard a little about this. But I have to go and see it anyway."

Hearing this, Li Jicheng advised: "If you really want to go shopping, it's best to do your homework in advance to avoid conflicts with others or being cheated in vain."

Regarding coin auction records, the popular method in the industry is actually as follows:

In order to hype a certain variety, a plan would be made when it was submitted for auction, and it would eventually be bought by one of our own people.

Although it was not a real transaction, the high auction record made it popular.

This is a very common operation method. Especially in recent years, this situation has become more and more common.

There are two records of auctions in the diary. One is for two Mongolian yurts with consecutive numbers, and the other is for the RMB cannon barrel (full sheet of banknotes) and the Macau ten-dollar full sheet of banknotes No. 10000.

Lu Feng deliberately searched through the inventory and found that this set was indeed in his hands.

That is to say, if I had not intervened myself, the entire version of the Macau ten-dollar coin would have been manipulated by a major player, and in about 10 years, No. 10000 would have been sold at a high price of 280 million, breaking the coin auction record in one fell swoop.

At that time, Lu Feng couldn't help but wonder whether he would have to make such a trip in the future.

After all, it is indeed an excellent means of publicity.

"It's already the 24th today, and the coin expo will start on the 26th..."

"Ah..." Lu Feng stood up from the ground.
Li Jicheng didn't know why this idiot reacted so strongly, but he saw Lu Feng quickly took out his cell phone and called Huang Doudou, urgently asking him to buy two tickets to BJ.

"So serious?" Li Jicheng looked at him puzzled.

"It's okay. Anyway, the system will be online on the 1st of next month. There are still a few days left, so I can go and have a look." Lu Feng naturally would not tell Li Jicheng his real purpose.

When he returned to his residence, Huang Doudou had already booked the plane ticket and sent it to Lu Feng.

Fortunately, there is still time!

"Brother Feng, why are you suddenly so anxious to go to BJ?" Huang Doudou was also puzzled.

The next morning, I packed my things and drove to pick up Lu Feng.

Seeing that Lu Feng was already prepared downstairs, he couldn't help but ask.

Lv Feng asked with a smile: "International Coin Expo, don't you want to go and see it? I heard there are a lot of activities, including an auction."

"What's so good about that?" Huang Doudou's attitude was similar to Li Jicheng's. "If you can't find something in the market, you have to go to the auction."

Lu Feng didn't bother to pay attention to his nagging and went straight to the airport.

After a three-hour flight, the two had settled in a hotel near the BJ International Trade Exhibition Center.

As a member of the stamp, coin and card industry, when you come to BJ, you will naturally have to go to Madian Stamp, Coin and Card Market. (Now renamed Player Stamp, Coin and Card Trading Market, about 100 meters away from the original site)

As the country's largest stamp, coin and card distribution center, a giant with an annual turnover of hundreds of billions, this is a holy place that cannot be avoided.

In Guangzhou, currency transactions account for a large proportion, and Shanghai Lugong is blessed with advantages in gold and silver coins, so BJ Madian is the undisputed all-round master.

Whether it is the People's Bank of China, China Post or China Post, they are all located in this city, which has unique advantages. (These three are the three most authoritative issuing institutions in the stamp and coin industry, and China Post mainly specializes in issuing after the People's Bank of China)

The two of them were just like Wu Xin and Liu Chang when they first set foot in Guangzhou, looking like country bumpkins entering the city.

When he stepped into the market, Lu Feng was stunned for a moment. It was not until he saw the familiar trading scene that he realized that the real money-making market is often not so grand.

It is said to be the largest market in the country, but it is more like a bazaar, with thousands of stalls appearing very crowded.

In every small stall of dozens of square meters, or even a few square meters, the stamps, coins and cards displayed on the market could be worth more than a million yuan. The two of them walked around from beginning to end and truly realized the depth of the market.

Unlike most of the merchants in Zongyuan who seem to be very leisurely, the people here seem to be busy all the time.

Trading, shipping, packaging, making phone calls...

Beneath the noise, there is a vibrant scene.

After taking a walk around, Lu Feng subconsciously headed towards the old banknote area.

After learning identification techniques for so long, he had never put them into practice. And this was undoubtedly the best place to verify them.

Sure enough, as soon as they approached a stall, the boss glanced at the two of them, and the expression on his face was as if he had seen two big fish.

No proactive greeting, just watching quietly.

The boss is in his early fifties, and if you just look at his attire, you would never guess that he is worth at least tens of millions.

This is considered a medium-sized merchant in the market.

"Boss, let me see this one!" Lu Feng glanced around and pointed at a corner of the three-page spread in the middle.

Lu Feng recognized it almost immediately. This is a genuine one-cent coin with a green back watermark. It is the undisputed king of the three editions of currency.

Among the three most precious versions of the three-edition one-cent coin, "Back Green", "Back Water" and "Date Red", this is the most out of stock. Only this one can reach the level of ten thousand yuan, and even once reached a huge ten thousand yuan.

When the boss saw Lu Feng order the most expensive version, a smile immediately appeared on his face.

It is indeed a big water fish.

You can tell from the accent that it's standard broad spectrum.

"You have a good eye!" The boss took out the collection while displaying his deceptive skills, "There are not many of this quality in the market now, and there is huge room for appreciation in the future."

Lu Feng took it, and at the moment his fingers touched it, he gently put it down and said with a smile: "The things have been processed, it can be used to fool laymen."

"Hey, young man, you are quite arrogant, despite your young age." The boss sneered immediately, as if he had met a fool.

Seeing his boss so calm, Lu Feng immediately felt playful.

"Then tell me, what grade can this one be considered?" Lu Feng asked.

"Not to mention the ninth grade, the eighth grade should be considered as well, right?" said the boss.

"Boss, you are too dark." Lu Feng laughed.

"What do you think?" the boss asked provocatively.

"Seventh rank, no more!"

"Bullshit!" The boss said bluntly. How could it be a seventh-grade product?
It is true that he processed some yellow spots in the later stage, but when he bought it, he bought it at the price of the eighth grade. Not to mention the eighth grade, even if he sold it directly to a peer for matching, he could still sell it for the price of the eighth grade.

The most important point is that the note is very strong, not sagging and without tears on the edges.

"How much did you charge, boss?" Lu Feng asked with a smile.

"Don't worry about how much I charge for it. Tell me first why it is only a seventh-grade piece. If you can explain it clearly, I will sell it to you at a low price today!" The boss raised his voice by several decibels, which immediately attracted the attention of many people.

As a veteran businessman, how could he be so foolish?

"Low price? How low is considered low? Selling it to me at the face value of ten cents?" Lu Feng teased deliberately.

In his opinion, a seventh-grade item is actually only worth about five thousand. How much can he make even if it is pure profit?
His original intention was to get the boss to back off so that everyone could live in peace.

Who knew the boss was actually such a stubborn guy, his temper was aroused all of a sudden: "Okay, if it's really a seventh-grade piece, I'll sell it to you for a dime. But what if it's not?"

(End of this chapter)