CH 54.1

The Federal merchant stepped forward and reached out to Lin Luo, “Hello, my name is Andre, can we be friends?”

Lin Luo had a good impression of this Federation man named Andre, so he smiled and shook his hand, “Hello, my name is Lin Luo.”

Lin Luo was finished cutting jadeite, so he gave up his position next to the jadeite cutting machine and talked briefly with Andre to the side.

Through the conversation, he learned that Andre was a jadeite merchant who came to participate in the public auction. Andre brought a kind of carbonized matrix jadeite unique to his home planet. It is said to be a newly discovered type. There are people who have gotten glass jades from it and people who have gotten completely trash jades from it. Its a type of jade that is both risky and rewarding.

Andre strongly praised the jadeite he brought to Lin Luo, obviously he was very confident in his jadeite, and even wanted to compete for the position of bid king.

Lin Luo was also very interested in this kind of jadeite that he had never seen before, and immediately said that after the public sale was held, he would definitely go to take a look at his jadeite.

The two exchanged communication numbers before they separated.

“Xiao Luo, why didn’t you sell your jade?” On the way back, He Kun asked Lin Luo curiously.

Obviously he had sold such a large piece of camellia ribbon patterned jade, but he kept the double fist sized jade with gold. He was a little confused.

Lin Luo’s face was flushed and he glanced at Xing Mo on the side, and said in a low voice, “It, it’s useful.”

Of course Xing Mo knew why Lin Luo kept the jade and refused to sell it. He couldn’t help but feel sweet in his heart and holding Lin Luo’s hand. The two of them continued through the crowd with their fingers intertwined. There was a special sense of sweetness.

Poor He Kun followed and ate all the dog food…

After returning to the inn, Lin Luo extracted a vial of golden elemental liquid from the double fist sized jade with gold in it, but it still fell short of getting Xing Mo’s ability to upgrade. Lin Luo hoped to find more colored jade in the open auction later on.

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In a blink of an eye, it was the day when the Vermi Open Auction officially opened. According to statistics, more than 37 million people registered to participate in the bidding this time. One can imagine how fierce the competition would be when the bidding officially started.

The public auction had a five-day bid viewing period. This so-called ‘bid viewing’ is to allow bidders to browse and inspect all the lots for sale in the public auction within a specified time.

All jadeite materials in the public disk have been numbered and divided into ten batches for public display, with eight batches clearly marked and two batches dark marked.

When the open bidding officially starts, one batch of jadeite will be auctioned every day by the order they are numbered in, and the auction will continue as such for eight days. As for the hidden bidding, it starts at the same time as the open bidding. Participating bidders can use the bid sheets to bid, and then wait until the announcements the day after the end of the open bid auction.

The quality of the jadeite in the hidden bid auction is usually better than that in the open bid auction. Therefore, the competition for hidden bid auction lots are worse than that of open bid auction lots. The bid king of each public auction is almost always a lot in the hidden bid auction.

Therefore, many people will cut the jadeite they win from open bidding and sell it on the spot in order to accumulate funds. That way they can get a big ticket item from the hidden bid auction.

Although the bidding is based on the order the lots are numbered in, there is no order restriction when viewing the lots. All batches of jadeite can be viewed at will.

However, due to the large number of people the open auction has adopted both online and offline bidding methods.

All those who register to participate in the public auction can use the smart bracelet to log in to the virtual client, view the holographic three-dimensional image of each piece of jadeite online, select the one that interests them, and then go to view it in-person.

Online bidding is free for 24 hours, but offline bidding not only requires an appointment, but also has a time limit. If you want to watch the bid for more than two hours and then want to continue to watch the bid in the standard hall, you needs to pay an hourly bidding fee of 10,000 credits.

Lin Luo really likes this way of looking at bids. He looked at every piece of jadeite in his down time in the hotel and recorded his own inferences and and the characteristics of each piece of jadeite that he though he might be interested in, and prepared to wait for offline viewing. Once there, he would use his special ability to verify.

So before the bid viewing day came, he made sure to relax and get plenty of sleep in order to accumulate his mental energy so he could use it when at the scene.

Lin Luo, who at this point had more than 200 million credits in hand, didn’t care about such a small amount as the bidding fee, and made an appointment to view the lots every day.

The first day to view the lots, Lin Luo made an appointment at ten o’clock in the evening. Although it was late at night, the entrance of the open auction was still brightly lit and crowded.

Fortunately, everyone there had appointments. According to the appointment number, they were able to enter by simply swiping their bracelets.

The open space was very large, and the interior was divided into several standard halls. The one that was currently open was the standard hall for the open bid auction, and there were different batches of jadeite placed in different halls.