Future Stamps and Coins Diary

Chapter 204: 10 Small Goals First
Wu Xin and Liu Chang didn't react much.

Huang Doudou was a little puzzled: "I can understand the first two, but why the third one? If you want to list, shouldn't you look for good varieties? Why look for junk varieties that no one wants?"

In his opinion, this is completely contrary to common sense.

Li Jicheng was also very confused.

He had just joined the team and had never worked with Lu Feng before. Except for the time at Madian Bridge when he was confused by Lu Feng's unfounded judgments, this was the first time he officially came into contact with Lu Feng's daily operations.

After watching for a few days, he learned a little, but was still more confused.

It felt like Lu Feng's brain was full of abnormal logic. This abnormality created a huge gap between him and the education he had received from his grandfather, which made him feel a little uncomfortable.

If someone else had said something like this, he would have kicked him and run away. But this person of the same age, from the time they met until now, seemed to have always taken an unusual path, and only in a year and a half had he made 200 million in cash flow.

So, he resisted the urge to confront him and continued to remain silent.

"Doudou, you are making a mistake in thinking like this. Whether it's the big players or the main players in the market, what do you think is their biggest purpose in putting their collections in the trading center?"

"Of course I sold the goods!" Huang Doudou answered as a matter of course.

Lu Feng nodded and continued, "That's right. They are selling goods, and they are selling them at high prices. But have you ever thought that their goods have gone through waves of speculation, and the prices are already very high. If an unsophisticated collector comes in and buys these things at this time, won't it take another ten or eight years, or even end up having to sell them at a loss?"

Huang Doudou's eyes lit up: "That does make sense."

"Don't forget what our original intention was to establish the trading center. It was to allow all collectors without basic knowledge to come in without worrying about being trapped or being ripped off. But once they are bound by these big or main players, they will gradually become their bulk channel. This is the important reason why, in addition to the economic situation, I have always firmly believed that Li Guangquan would never succeed."

“It would be fine if the number of members and funds could match the market value of the listings, but once there are too many listings, the rest will be meaningless. Merchants are all vampires. Once they find that they can’t make money, they will immediately abandon the trading center and look for new channels.”

"Once ordinary collectors are trapped, they will face liquidity depletion, the market will become stagnant, and trading volume will shrink. In the end, they will have to give up this model."

"So, what we are going to look for next are the junk varieties that no one wants. Only these varieties have their prices squeezed out, and many have even fallen to oversold levels after years of precipitation. Collectors buy these varieties at low prices and there is no risk of not being able to sell them. These are the good things that match this model."

After Lu Feng's analysis, Huang Doudou suddenly understood.

Li Jicheng raised his eyebrows, and a smile appeared on the corner of his mouth. "I have a way to find a batch of these. Especially the discounted stamps or old JTs." (Discounted stamps are stamps with a price lower than the face value of the stamp itself. For example, a stamp with a face value of 1 yuan has a market circulation price of 6 cents, 7 cents, or even 5 cents. Old JT, J stands for commemorative stamps, and T stands for special stamps. JT is a general term for commemorative stamps and special stamps. In the industry, these two are classified in the same trading category.)
"This was your business from the beginning." Lu Feng laughed proudly, "Why do you think I had to let you in? What are you here for?"

Lu Feng did not hide his thoughts.

The entire team has very shallow roots, and most of the old stamps are in the hands of the older generation in some markets. It is difficult for them to get access to them, and even if they do, they don’t know where to start.

But Li Jicheng is different.

As the eldest grandson of the Li family, he is the most suitable person to do this kind of thing.

Li Jicheng, however, did not feel uncomfortable at all. Instead, he acted as if it was his due and cursed, "I knew you had bad intentions."

This feeling of being calculated by Lu Feng actually made him feel at ease. At least, he knew what he had to do and what role he could play.

Lu Feng chuckled and said, "So, during the Spring Festival, you should also work hard and make a list of the varieties we have a chance to acquire. After the holiday, we will conquer them one by one. My requirements are not high. After we take back the trading center, we just need to have more than 30 spare varieties on hand."

"Thirty. Are you underestimating me? From 74 to 91 alone, 185 sets of J stamps and 168 sets of T stamps were issued." Li Jicheng was full of confidence.

"Not too much. I don't know how long my money can last. After all, my family is not well-off." Lu Feng sighed.

Two hundred million is divided into thirty varieties, and each variety is only about six million.

It is far from enough to match the scale of the trading center!
It seems that the most urgent task is not only to make a complete version of the Macau ten-dollar banknote and convert it into cash, but also to take advantage of the financial crisis and find a way to make a fortune.

If we can take advantage of these two opportunities to raise cash to around 10 billion, it will be much easier.

In several major markets, the amount of cash that can reach this level is definitely no more than two hands.

“I don’t think that so many will be needed. Most of the old JTs are in the hands of ordinary philatelists. Apart from the old philatelists, a few million would be the best we can get.” Li Jicheng already had a basic prediction about what he was going to do.

"Do you think you can just buy all the goods? Don't forget, you have to keep some money and wait for the trading center to take it back!" Lu Feng reminded.

"Okay. Leave it to me. I will hand in the homework as soon as I go back to work on the eighth day after the holiday." Li Jicheng agreed readily.

This is a little difficult for him, but not too difficult.

"What about me? What should I do?" Huang Doudou asked.

"You, of course, want to promote the name of Douye and increase its influence. Then you can add Liu Jiajia..." At this point, Lu Feng suddenly paused and said in surprise: "By the way, why didn't Liu Jiajia come this winter vacation?"

"Miss Liu is no longer interested in our salary of a few thousand dollars. I don't know how many big bosses want to hire her." Huang Doudou couldn't help rolling her eyes.

Now, the most popular and sought-after person in the entire collection is undoubtedly Liu Jiajia.

Many appraisal agencies and even professional document appraisal centers have extended olive branches to her.

Lu Feng then remembered that he had not paid attention to the situation on the Jizang Forum for a long time, and asked in surprise: "Is our study committee member so powerful?"

"It's not that he is strong, it's that you are too strong. We can't afford you now." Huang Doudou said in a yin-yang way.

Obviously, he still had some complaints about Liu Jiajia not showing up during the winter vacation.

Lu Feng couldn't help laughing: "I'll contact her and see if she has returned."

(End of this chapter)