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Chapter 164: The Beginning of the Auction

The old man picked up the bottle in his hand, staring at the light blue liquid inside for a long time, his face showing some strange expressions. After a while, he seemed to make up his mind and nodded, saying, “I suggest setting the starting bid at one medium-grade spirit crystal. I estimate the final auction price could reach one medium-grade spirit crystal plus five low-grade spirit crystals. However, with just one bottle, the auction doesn’t make much sense! If you have many, consider auctioning them in groups of ten. And we can only auction one group at a time! The same item can only be auctioned once per auction to prevent vastly different prices from leading customers to be dissatisfied with our auctions.”
“Of course, after this item’s auction is over, we can also help you contact buyers who want this potion. Although we’re not using our venue, we provide a platform for the transaction and charge a 5% fee. If you contact buyers on your own, they may not trust your credibility or be sure you’re the same seller as before. With our auction as a guarantee, you give us the goods, and we deal directly with the buyers. This way, they’re assured, and your identity remains hidden,” the old man proposed a new partnership.
“That would be perfect. I’ll wait for your good news then!” Ye Feng nodded. “As for the potions, let’s go with ten per group. That’s neither too much nor too little, after all, they don’t know how effective it is yet! If they want more, they’ll likely contact you on their own.”
“Then please fill out this application form for entrusted auction! Then just hand over the items to be auctioned to me. After the auction, we’ll charge a 10% fee,” said the female receptionist who had brought Ye Feng and Pei Hong there, speaking up again. “If anyone needs your potion after the auction, we’ll contact you right away. We’ll pay you half of the deposit first, and you give us the goods. After we complete the transaction with the buyer, we’ll give you the remaining amount, minus the 5% fee, of course.”
“But we must ask—how many bottles of this potion do you actually have?” asked the tall receptionist. “Because we’re worried that if many buyers come forward, you might not be able to supply that many.”
“I have as many as I need, because I have special channels…” Ye Feng said confidently.

“If your stock isn’t enough to meet the buyer’s demand, it will affect the reputation of our auction venue, and fines may be imposed. We don’t want that to happen…” the receptionist added.

“Don’t worry, there won’t be a shortage!” Ye Feng shook his head and smiled. “If fines are indeed imposed because of this, I’ll just pay them!”

“How about this? We can first estimate the required quantity and inform you in advance. That way, you can let us know if you actually have that much stock. Then we can contact the buyers and let them know whether the goods are available for purchase. This way, our reputation won’t be damaged, and you won’t lose any money either,” suggested the female receptionist.

“That sounds good!” Although this proposal didn’t offer much practical help to Ye Feng, he knew she was actually thinking of his interests. “Then let’s go with that!”

“I was wondering if there are any available seats at the auction venue right now? If so, my friend and I would like to attend this auction!” Ye Feng looked at the receptionist.

“Let me check.” The female receptionist picked up a form in her hand. After a while, she smiled at Ye Feng and Pei Hong. “You’re lucky. There are three seats left. Do you want them?”

“We want two!” Ye Feng nodded.

“Okay. Each seat requires one lower-grade spirit crystal,” said the receptionist, extending her hand toward Ye Feng with a smile.

Ye Feng took out two lower-grade spirit crystals and handed them to her.

Only then did she register the two of them and handed them two admission tickets. “That’s it! You’ll need these to enter the venue the day after tomorrow morning.”

……

Two days passed quickly. Ye Feng and Pei Hong entered the auction hall with their admission tickets. Unlike the auctions on Origin Planet, although there were many people here, everything was much more orderly. Ye Feng and Pei Hong quickly found their seats, which were next to each other.

After they sat down, it took about three to five minutes before all the seats in the hall were filled.

On the auction stage, the auctioneer’s voice came clearly to everyone’s ears through two horn-like plants. “These next two days will be an amazing auction experience! Enjoy it!”

The crowd immediately erupted in loud cheers, forcing the auctioneer to pause for a moment. Once everyone calmed down, he continued, “Now, let’s begin our first auction!” The auctioneer reached behind him to the items covered by a black cloth and pulled it away. “The first item for auction is—cell repair serum produced using Medick Planet’s perfect formula.”

“This product is created through seventeen rounds of re-formulation using Medick Planet’s perfect formula. It is the best high-tech medicine for healing wounds, with no toxic side effects. According to experts, even if used ten times within ten minutes, its effectiveness remains the same as the first use. It can be taken orally or applied topically, and its effects can be exerted immediately without the need for spiritual energy.”

“There is a set of these potions here, a total of ten bottles. The starting bid for one bottle is one medium-grade spirit crystal. With ten bottles here, there will be only one auction, and the starting bid is one high-grade spirit crystal. Each increase must be at least five low-grade spirit crystals! The auction is now officially underway!!!” The auctioneer’s words had a significant persuasive effect, and as soon as he finished speaking, bidding began among the crowd.

“Add two medium-grade spirit crystals!” A middle-aged man with a somewhat gloomy expression was the first to bid, adding two medium-grade spirit crystals at once.

“This gentleman added two spirit crystals at once—is there anyone offering more?” The auctioneer realized that the first item might fetch a price beyond his expectations.

Ye Feng thought to himself why they would put his cell repair serum up for auction first.

Pei Hong, standing nearby, smiled at Ye Feng and said, “It seems it might fetch a good price!”