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Chapter 486 - 486: Gold Sale Success! Major Jewelry Stores in Frenzy! (2)
Chapter 486 - 486: Gold Sale Success! Major Jewelry Stores in Frenzy! (2)
Chapter 486: Gold Sale Success! Major Jewelry Stores in Frenzy! (2)
Translator: EndlessFantasy Translation Editor: EndlessFantasy Translation
“Each piece of gold bears the emblem of the Double-headed Eagle, which makes it not only a collector’s item but also versatile for other uses!”
“After consultation with my company and Mr. Luo, the gold will be sold at a rate of 1000 yuan per gram for purchases under ten kilograms! If bought in the name of a company and in large quantities, the rate goes down to 500 yuan per gram!”
“Now, you all may begin your purchases!”
With Qin Rubing’s captivating smile and these words, the gold sale officially commenced.
“What on earth? Why so expensive? A thousand yuan a gram? That’s robbery!”
“It’s not expensive at all. For this sum, being able to collect Double-headed Eagle emblem gold from the Tsarist era, I think, is quite the bargain.”
“Right, these are collector’s items! Of course, they’re pricey if you buy in small quantities!”
“Maybe we should just buy more then!”
“Buy more, really? They’ve got hundreds of tons, if you ‘buy more,’ it’ll cost you millions or even tens of millions. Can you afford that?”
While the conversation was buzzing, Wang Yousheng raised his card and announced, “I’ll buy ten kilograms!”
“Me too, ten kilograms!”
The first to buy were naturally private collectors.
They had to pay a premium price.
And ten kilograms was the most they could purchase.
Then came the turn of major museums to buy gold.
They would, of course, buy more, but not too much, just a few tens of kilograms. After all, this gold was practically half an artifact.
Although most museums had been financially drained a while ago due to the rush to buy Luo Feng’s antiques, their finances had stabilized over the past half-year. They had money again, and besides, buying this gold would not cost them that much.
There were over 200 museums nationwide.
A third of them had come.
The least any had bought was two bars.
Adding up, these museums had purchased several tens of tons.
But compared to the five hundred tons on offer, it was not much!
“Damn, these rich folks, they’re so damn many of them!”
“I see some celebrities too. Are they here to buy gold for their collections?”
“These celebrities are really damn rich!”
“Yeah, but it’s their stupid fans who made them rich!”
“A bunch of people who eat instant noodles every day supporting celebrities with billions in assets!”
“Before, they could not afford Luo Feng’s antiques, but now, they can at least buy a few bars of this gold!”
“If I’d known it was this cheap, I would have brought some money to buy!”
In the livestream room, several sharp-eyed netizens spotted celebrities in the back rows of the conference room and began making a ruckus.
“I’ll take five tons!”
However, just as the museums and individuals were competing to buy, a man raised his card.
“Damn, who the hell is this guy? Is he seriously buying that much at once?”
“Starting with five tons, this is out of this world! ”
“He’s from Lao Feng Xiang!”
“A jewelry store? Seriously? Do they usually buy gold like this? They took five tons, just like that?”
“They’re a listed company, a hundred-year-old shop. They can easily afford tens of billions!”
“Only Lao Feng Xiang could do this. They have their own processing plant, unlike some small-brand jewelry stores that just wholesale.”
“From now on, I’m shopping at Lao Feng Xiang!”
As the discussion died down, another person spoke up, “I’ll take three tons!”
“Damn, Zhu Da Fu?”
“Is that the Zhu Da Fu Jewelry Store?”
“Zhu Da Fu has so many branches nationwide, is that all they could get? Only three tons?”
Luo Feng was no stranger to the owner of Zhu Da Fu. This was the same man who had bought his natural gold when he first discovered it. Back then, Luo Feng was still a small player, but now, he was in a league that even billionaires like this man couldn’t touch.
In short, the present Luo Feng wasn’t someone you could impress just with money. You needed to have some power too. Of course, he had built relationships with the rich second generation with whom he had treasure hunted for a long time. Even though some big players were chasing after Su Meiji, seeing her so close with Luo Feng now, no one dared to say anything. This demonstrated that even the sons of warlords, or the privileged few, dared not to provoke Luo Feng now.
However, Luo Feng and Su Meiji’s relationship was, at most, akin to resting their heads on each other’s shoulders under the moonlight, nothing more. Their relationship was progressing slowly. Yet, Luo Feng knew that a woman like Su Meiji, once she approved of someone, she would stick with him for life.
It wasn’t that Qin Ru Bing was quick to approve, which meant she could easily change her mind. She was the kind of girl who warmed up slowly, needing to think clearly, understand fully, and observe carefully when it came to her man.
“I want ten tons!”
A woman’s voice interjected, sounding rather authoritative.
“Ten tons, oh my God! Who is she? A representative of which company? Could the big spender please identify themselves?”
“She’s from Lao Miao!”
“It’s Lao Miao Gold!”
“Can this brand afford to buy ten tons of gold? That’s hilarious!”
“Are you underestimating them? Lao Miao is a brand under the Yuyuan Stock Company. Yuyuan’s market cap is over 50 billion, almost similar to Lao Feng Xiang!”
“Wow, Lao Miao is this incredible? Why didn’t I know about this before?”
“Seems like Yuyuan Stock Company, which backs Lao Miao, is going to start strongly supporting Lao Miao!”
“I want ten tons!”
At this moment, another man raised his card.
“Which one is this?”
“A jewelry store, you know, the one that is notoriously expensive!”
“Twenty tons!”
“Oh my God! Longguo Gold is making a move? This is an official move!”
“This is impressive! If the officials are stepping in now, who will be the bigger buyers later?”
Until noon, the major gold stores and individuals were the main buyers of gold.
To ordinary people, these corporations were already gigantic entities. However, on a global scale, they weren’t significant.
The world’s top corporations had unimaginable power. Fifty billion or even a hundred billion in assets was insignificant to them.
“Ladies and gentlemen, this concludes the morning auction. Please make your way to the dining hall for lunch. We will continue in the afternoon.”
Checking the time, Qin Rubing announced the break with a subtle smile. She knew that the morning session was just an appetizer, the main show was yet to come..