Chapter 61: Recovering Million

"Two hundred and ten thousand, two hundred and ten thousand, is there anything more? Two hundred and twenty thousand, two hundred and twenty thousand..."

. . . . . .

"This gentleman offered two hundred and fifty thousand..."

"Two hundred and sixty thousand... two hundred and seventy thousand... three hundred thousand. This lady is offering three hundred thousand! Three hundred thousand... is there anything more..."

"Three hundred thousand... the last time—"

The whole place was quiet, with not a sound coming from the audience. The auctioneer stood on the stage with his hands open, looking around as if looking for a new bid.

"Snapped--"

The auctioneer dropped the hammer. "No. 1498, thank you—"

Gao Dongxu was already very satisfied with the price of three hundred thousand. After all, people who could come to participate in such an auction were actually quite rational and had their own psychological price range.

The next eight lots were mostly sold for less than one million yuan, and the auction proceeded relatively quickly. Among them were two lots by Gao Dongxu, a 5-cm jade dog from the Ming Dynasty or earlier, which was sold for yuan, and a Ming Dynasty bronze horse-promoted marquis paperweight, which was sold for yuan.

When the atmosphere was becoming a little dull, the auctioneer finally took out an item that lifted everyone's spirits.

"Ming Yongle blue and white shawl flower and lotus lidded jar, formerly in the collection of Xu Zhantang."

Because it was collected by a celebrity and passed down through generations, the starting price for this jar was five million yuan, and it quickly soared to over ten million yuan... and was finally sold for fourteen million yuan.

The atmosphere at the scene was no longer dull and became lively. Good things came one after another, with prices ranging from five to six million to twenty million.

What surprised Gao Dongxu in particular was that the Qing Dynasty Qianlong lacquer-carved imperial poem imitating Zhou Si Gong, which was originally estimated at only 15, was finally sold for million.

There was also a Tianhuang stone Bogu button seal made by Shang Jun, which was bought for only 300 yuan and sold for 6.16 million yuan.

"It's really crazy..." While feeling happy, Gao Dongxu couldn't help but admire the courage of these buyers who made crazy bids.

"Those who offer high prices are basically new buyers in the market..."

Hearing Gao Dongxu's sigh, Huang Yanyan, who was standing beside him, covered her mouth with her hand, leaned against him, and explained softly, "According to the data collected by the Huang family and the general feedback from major auction houses in the north and south, a major trend in this year's autumn auction is the vigorous entry of new buyers into the market. Not only are their numbers large and their investment huge, but they are also generally targeting "top-notch" artworks, including masterpieces by ancient and modern masters, as well as imperial artifacts."

"Yeah." Gao Dongxu nodded in understanding and said with a smile, "It shows that they started from a high point. But I have to say, as newcomers, their collection philosophy is undoubtedly correct."

“It can be said that these new buyers are the main force driving the art market into the billion-yuan era and the investment era.

It is understood that new buyers entering the market in the past two years mainly include the newly rich, private equity funds and institutional investors, and some domestic banks and other financial institutions have also begun to intervene in the field of art investment.

Moreover, most of the bidders at major auction houses are middle-aged and young people between 30 and 40 years old, and the number of female buyers is also increasing.

In contrast, the experts who have been active in the market since the 1990s are being marginalized due to limited financial resources and outdated concepts. While they lament the dramatic changes in the market landscape and the frequent "sky-high" prices, they also realize that market space and opportunities are slipping away from them.

Huang Yanyan told Gao Dongxu some of the latest industry information and trends that the Huang family had.

"Haha, it seems that the antique market is about to usher in a golden age." Gao Dongxu said with a smile.

"Yes, our Huang family has already sent many people abroad to collect antiques. After all, too many antiques have been lost overseas, and those Westerners don't understand our civilization and culture, so many precious cultural relics have been lost to the dust. If finding a bargain in the domestic market is one in a hundred, then finding a bargain abroad is only one in ten..."

Huang Yanyan blinked her bright eyes, looking at Gao Dongxu's smiling profile. She covered her mouth with her delicate hands and whispered, finally reminding him, "Aren't you going to Ugly Country? You can stop by and browse the antique shops there. With your abilities, you're sure to gain a lot."

"Well, I'll go take a look," Gao Dongxu said with a smile. He had originally planned to do so. If he hadn't been able to teleport items into his space, he would have even visited all the Western museums and brought back all the national treasures that were lost overseas. Unfortunately, he couldn't do that. "The following is lot 0828, the most precious 10-yuan RMB in the second set. It was printed by the former Soviet Union and measures 210 mm x 85 mm, making it the largest RMB coin.

The coin is black in color, with a typical worker-peasant figure depicted on the obverse, a man and a woman. A national emblem watermark is placed on the left side of the obverse as an anti-counterfeiting feature. The note has wide white borders on all four sides, earning it nicknames such as "Worker-Peasant Picture," "Big White Border," and "Big Black Ten."

This set of lots consists of ten pieces, all in consecutive numbers, with a starting price of five million—"

"Five million and one million."

"Five and a half million..."

"Six million."

. . . . . .

"Eight million eight hundred and eighty thousand... Is there anyone willing to bid higher? This kind of complete set of ten consecutive numbers, the Big Black Ten, is so well preserved, it's very rare..."

The auctioneer seemed dissatisfied with the price and deliberately prolonged the auction, while using the preciousness and rarity of the item to stimulate the buyers present.

For Gao Dongxu, this price has far exceeded his expectations. Although he also hopes to get a higher price, if the price is too high, he will only be able to sell a small number of Big Black Tens in the future. If he sells too many complete Big Black Tens, not only will the price drop, but the rarity of the Big Black Ten will also drop significantly, which is not in his interest.

"Last time, 1688 million. Deal—Number . Thank you!"

"call--"

Gao Dongxu smiled and breathed a sigh of relief, the corners of his mouth unable to suppress a slight upward smile.

Huang Yanyan, who was sitting next to him, fluttered her big eyes, pursed her red lips slightly, raised the corners of her lips, covered her mouth with her hand, leaned sideways on Gao Dongxu's shoulder, and said with a sweet smile: "These ten consecutive black numbers are yours, right?"

"Well, how did you know that?" Gao Dongxu smiled and nodded in admission.

"Whenever an item related to you is auctioned off, you will smile and nod slightly involuntarily, as if you are very satisfied with the result..." Huang Yanyan said to Gao Dongxu with a smile in her eyes like crescent moons.

"Haha, so you have been staring at me the whole time?" Gao Dongxu raised his eyebrows and teased with a wicked smile.

"Hmph, who has been staring at you..." Huang Yanyan's pretty face turned red with shame when the truth was revealed. She snorted coquettishly and turned her head away from Gao Dongxu's gaze. However, the blush on her fair and pretty face never faded.

"Haha, we have a great harvest today. I will treat you to a big meal at noon." Gao Dongxu reached out and grabbed Huang Yanyan's white but hard little hand, and said with a smile.

"I want to eat Tan's cuisine—" Huang Yanyan said with a delicate hum.

"No problem, a full banquet is fine." Gao Dongxu said with a smile.

"How many pieces did you send for auction this time?" Huang Yanyan shook her hands a few times with a coquettish look, but did not shake them off. She seemed to accept her fate and let Gao Dongxu hold her hands. Her beautiful eyes sparkled with a strange light as she asked curiously.

"Six pieces: a blue and white jade vase with a picture of the Three Friends of Winter, a jade dog, a Ming bronze horse-proclaimed marquis paperweight, a Qing Qianlong lacquer-engraved imperial poem imitating the Zhou Dynasty's rhinoceros goblet, a Shangjun-made Tianhuang stone antique button seal, and a large black ten with ten consecutive numbers."

"Thirty, fifteen, twelve, five hundred and fifteen..." Huang Yanyan frowned slightly, her red lips parted as she calculated. Then, with bright eyes, she looked at Gao Dongxu and said, "2067 million, minus commissions and personal income tax... Wait, you picked up all these things at a bargain, didn't you? You're not stupid enough to report the price you found them at, are you? Then your personal income tax will be huge..."

"Haha, do you think I'm a fool?" Gao Dongxu laughed.

"Yeah, I think so, hehe..." Huang Yanyan nodded seriously at first, and after seeing Gao Dongxu's helpless expression, she giggled, her smile was as beautiful as a flower.

 Happy National Day, please continue to collect, read, vote for the monthly version, recommend, and give good reviews. Thank you for your support!!
  
 
(End of this chapter)

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