Chapter 529 The Doorway of the Auction House

Cruise asked for $75,000 for this set of toys, and with the unremitting efforts of 'Black Catfish', the final price was $37,000. Xiao Peng only had to give the 'black catfish' a thumbs up.

The most satisfying should be Yali, who originally thought that this set of toys would cost hundreds of thousands or even millions of dollars.

The price she looked at was the auction price. It is true that a set of well-preserved toys sent to the auction house can indeed be sold for a high price of hundreds of thousands, but this thing is not a very scarce thing. That price can only be fetched if you meet a dedicated collector, but what if you can't?

This brings the inside story of the auction industry. It can be said that the darkest thing in the world is the auction industry.

Almost all auction prices will be copied to several times, tens of times, or even hundreds of times the actual price of the item.

The auction house is not Lei Feng, and will not give you a free auction, if the auction is successful, the commission will be withdrawn, and if the auction is not successful, you will earn 1% of the storage fee and 3% of the hammer fee. If Cruise goes to the auction house with this set of toys, and the auction house gives an estimated price of $500,000, it means that as long as the auction is put up, regardless of whether the auction is successful or not, he must first take out $20,000, and this is just an auction, if he doesn't succeed in continuing the auction, 20,000 yuan each time, can you make someone like Frank afford it?

Nowadays, there is often such a situation in China, where someone has an ancestral item in his family, does not know the price, and finds an appraisal agency to appraise it. Then the result was that a group of auction houses began to call him, saying that the object would be worth as much as it was worth, that is, asking the owner to hand over the object to their auction house and set an auction price far beyond the actual price to be auctioned.

They don't care at all, as long as they earn their own commissions. That's not a small number. Every year, more people fall for it.

Of course, these are still trivial. And even more ruthless!

Nowadays, many auctions, especially art auctions, are virtual transactions, and this is the best opportunity for hype. For example, the two parties A and B need to make a pair of "Water Lilies", and the actual transaction price negotiated by the two is $1 million. Then the two of them found an auction house and joined forces to make a fake auction, and during the auction process, the two of them hyped the painting to 100 million US dollars! This 100 million is the virtual transaction price.

After the auction, A and B paid a commission of 200,000 yuan to the auction house based on the actual transaction price of 1 million, and the auction house paid business tax at 6% of the income of the 200,000 yuan. Since the Auction Law stipulates that the true identities of the parties A and B to the transaction must be kept confidential, and there is no legal requirement for the auction company to disclose the actual transaction price, the cost of this fake auction and virtual transaction is very low, and there is no legal risk.

Not to mention the foreign ones, at least half of the more than 10 million auction transactions in China were not paid in the end! The auction is just to create a fictitious price. Some favorites even save commissions in order to create virtual prices, and in the end they don't pay at all! Even if the payment is based on the price agreed upon by both parties, the auction is just a pretense.

At present, serious foreign academic institutions do not accept the data of domestic auction houses at all.

What is the benefit of this kind of virtual auction? Many people are actually trying to raise money and cheat loans!

Once, after a certain domestic bigwig finished operating a certain work, the auction price was as high as 450 million! Before the auction was over, he took it to the bank and mortgaged 250 million yuan. And the 450 million is just a virtual price, what is the real transaction price?

Others do this in order to mortgage underground financial institutions, use art as a monetary certificate, and use some technical means to circumvent tax problems. This is purely an attempt to circumvent the law and package the process of illegal fundraising and financing as a legitimate art auction.

The most advanced way to play is to issue trust financing, first buy a work of art worth millions to set up an art fund, use the art fund to attract hundreds of millions of investment, send the art to auction, and then use the art fund to buy it back at a sky-high price.

In this way, the art collector succeeded in defrauding the financing, redeeming it and paying the fund a certain interest rate at the end of the fund's term, which is much lower than the interest rate of financing from the younger brother and daughter-in-law of underground finance such as loan sharks.

And this art trust fund can also make people play with flowers. The basic model of the current financing trust fund is to acquire the specified artwork with trust funds, and then repurchase it by the collector at an agreed premium after maturity.

Under this model, it does not matter how high or low the value of the artwork invested by the trust project rises, and its rate of return only depends on the repurchase agreement between the trust project and the invested company.

Therefore, the financing trust is essentially nothing more than a mortgage financing loan for artworks, while the investment type is a direct auction of artworks. In the end, they all became the target of art financing fraud by collectors, disguising illegal fundraising as a means of artwork investment and legalization.

No matter what it is, as long as it is auctioned, the price will be speculated, and the ultimate goal is to mortgage and get money.

This is the case at home, but what about abroad? Come on, these are all methods that have been passed in from abroad, okay! Let's just say that this set of toys, even if it has indeed been photographed for more than one million, who dares to guarantee that the price of this million is the real price and not the virtual price?

Cruise is not stupid either, and sells it at the actual market circulation price. 37,000 US dollars is also enough, enough for him to eat and drink spicy food for a year.

After Xiao Peng transferred money to him, he carefully put away this set of toys, if this 'toy' is not well preserved, it is a big bomb!

Cruise took out a cigarette and gave it to Black Catfish: "Catfish, we're friends, aren't we? Did you do that? You're too ruthless, the price is too low! I don't want to see your face again!"

'Black Catfish' took the cigarette and smiled: "Cruise, you can't say that, I'm just for my friends, friendship is friendship, business is business, these are two different things." Besides, the price for you is not low, do you want this thing to go up again? at least another fifty years!"

"Okay, okay, my friends, you're taking advantage of it!" Cruise shrugged, but 'Black Catfish' was right, the price was really not low.

No matter what it is, it is worth it if someone buys it, and if no one buys it, it is nothing. You let Cruise guard such a dangerous set of toys every day? It's better to cash in early!

Yali bought the toy and couldn't be happier. Xiao Peng was a little nervous when he looked at her holding the toy, after all, this thing was too dangerous: "Yali, calm down, don't hold it like this! What are we going to do next?"

"Next, of course, send this guy to my brother. Yali said.

"Uh, where is your brother?" Xiao Peng was stunned.

Ally shook her head, "He's in German, and he's having trouble with my father right now." ”

"What are they doing?" Xiao Peng's gossip heart surged, and there was an awkward quarrel between the old prince and the new prince?

Yali sighed and said, "My eldest brother got married last year, but my father is very dissatisfied with his wife, and the two of them are having a hard time now. Now my father is ready to take back my eldest brother's title!"

As soon as Yali said this, Xiao Peng suddenly realized, because with Yali, he still did some homework to understand the other party's family.

Yali has two older half-brothers, Prince Ernst-August VI and Prince Christian. Well, as an aside, Prince Christian's fiancΓ©e is also named Alexandra。。。。。。

This Ernst Auguste got married last year, and it was the royal family and celebrities from all over the world who went to attend, and it was a day when the prince and princess had a party, and Prince George Friedrich of Prussia, Prince Pierre of Monaco, Princess Charlotte, Prince Pavlos of Greece, and so on all came to the wedding scene.

In addition to Auguste V, the father of Ernst-August VI。。。。。。

This August V may not have a good reputation in history. Anyway, this Yali really has a superb father.

Just look at his nicknames: 'Prince of Beating' and 'Prince of'。。。。。。

He once beat up a dance hall owner while on vacation, broke the bridge of his nose by a female reporter who followed a photographer, and urinated on the Turkish National Pavilion while attending an international fair in 2000.

Thinking about it this way, it's a good thing that he doesn't go to the wedding scene, and if such a vulgar and notorious father really goes to the scene, he may not make any trouble. When the time comes, the wedding scene will be a mess, and it will be lively.

It is said that August V once openly opposed his son's wedding, but it is speculated that the dislike of commoner women as daughters-in-law was only a superficial reason, and his real idea was to take back the gifts he had given to Augustus VI, such as castle properties. And to take back the title of prince, although this defunct title of prince of Hanover is really useless.

However, the 'Black Catfish' obviously listened: "Reclaim the title, Miss Arlie, is your father a professor or something? This professor title can also be hereditary?"

Xiao Peng smiled, but didn't explain, but asked: "'Black Catfish', you helped me find such a good gift, how can you let me thank you?"

The 'Black Catfish' was stunned when he heard this, but he took out the one hundred dollars that Xiao Peng gave him from his pocket and shook it in front of his eyes: "I have your salary, so naturally I have to do it well." ”

Xiao Peng was speechless: "Brother, you helped me save tens of thousands of dollars, but only a hundred dollars? Are you okay?"

The 'Black Catfish' smiled slightly: "If I confiscate your $100 at the beginning, then it's right to ask you for money now, but I have collected $100, and it's not appropriate to ask you for money again." I have always taught my daughter that many things are more important than money. Admittedly, I need money now, but I can't take it, even for my daughter. ”

Xiao Peng was silent, 'Black Catfish' deserves respect.

It is not easy to be a man, there are too many burdens on his body: family, friendship, love, etc., etc., etc., and countless problems will be faced in life.

And the 'black catfish' is different, he chose to persevere.

Xiao Peng suddenly stretched out his hand to Ya Li: "Ya Li, give me your mobile phone to use." ”