Chapter 258: Xuandu Jade Stone Conference (1)
The Xuandu Jade Stone Conference this time is Xuanjin’s most grand public disk event to date. While its influence may not be as vast as the Country Fei Public Disk, with regards to financial power and the quality of the raw materials, it is still worth a visit for domestic jade enthusiasts.
The Jade Stone Association is hosting the event for four days, divided into two types: open bidding and sealed bidding.
Open bidding is an on-site auction where people gather in the trading hall, and staff members announce raw material numbers for the auction, with the highest bidder winning.
Sealed bidding means that each piece of raw material has its own fixed number. Buyers submit the number of the raw material they choose along with the bidding price into the bid box, without knowing anyone else’s bid. During the bid unveiling, the winning bidder and the auction price for each raw material number are announced publicly.
"Miss, this jade conference lasts for four days. The first day is open bidding, the second and third days are for selecting and bidding in secret, and the final day reveals the auction results," Zhang Yusheng briefed An Yiqing succinctly on the event details.
"Mm, okay," the girl nodded in response.
The venue is divided into two parts: the first is the auction hall, and the second is the raw materials observation area. An Yiqing walked past the auction hall straight to the observation area.
The observation area is a spacious open space where various jade stones with numbered tags are neatly arranged on the ground, ranging from low to high quality, all inclusive. An Yiqing stood in the aisle, sweeping her gaze across only about one-tenth of the entire observation area’s size.
Since it was early and today was the open bidding day, there weren’t many people in the observation area. An Yiqing quickly glanced around and had a rough idea in mind.