Chapter 118: A Feast of Wealth

The auction here can be said to be a top-notch feast, and anything good can appear. Pen, fun, pavilion www. biquge。 info The level of consumption in the wizarding world is not high, and there are very few things that need to be bought for a large amount of money. Even if you have mountains of gold and silver, unless you go out into the street and throw money around, you can only pile it up in the vault. For generations, there are wizarding families with a history, and the wealth in the treasury is unimaginable.

And this is the place where a well-established wizard family can go bankrupt overnight.

The Pisces jade pendant and the pendant were certainly not good things, and they were all nouveau riche - Muggle-born or mixed-blood. When you enter the auction, you will be unaware of it, and everything around you is designed to make people irrational bidding. It's also science, or wizards certainly don't - without magic.

Wizards don't bury them in tombs or give gifts. It must have been passed down from generation to generation, and the introduction below each auction item in the roster is followed by the analysis of various experts. Although it was said earlier that the purpose or function is unknown, but when he gives you such an analysis, you really think that it is a rare treasure that has not been discovered.

When the time comes, a few people will ring the bell and shout, and a wave will soon be formed. That's what his mother told him when she came here to buy jewelry.

The whole process is complex and delicate, and it often starts with the details. The Squib Ancestor did not give up on himself because he didn't know magic, but studied Muggle things seriously, and finally Salted Fish turned over.

In the middle of the table is a glass case, and inside is the jade pendant on the album.

Phoenix opened the small box under the table and pulled out two head-mounted mirrors. This thing is actually used to watch operas, but it is also necessary to use it to see exhibits.

After the auctioneer briefly introduces the exhibits, explains the reserve price, and the lowest bid is 1,000 and the highest is 10,000 each time, indicating that the auction will begin.

At the beginning of the audience, there were only a few sporadic bidding, and after a while, the bell rang into one. Because the pendant at the back is a relic of the pharaoh, everyone has lost the reserve just now. On the other hand, in the box on the second floor, there was no sound in any room, and they all waited for the back.

Phoenix was still looking at the roster, and the first few things weren't of interest to him.

When the unicorn was photographed, the bells on the second and first floors converged into a musical song, chirping happily.

By the time he slowly and leisurely went through the roster, the bidding had stopped. He turned to look at Hermione, who was breathing heavily, a little frightened.

"How much did you shoot?"

"Two million Galleons!" she said in shock.

"Damn, I'm really rich. Phoenix sighed, "But it's normal, if that unicorn is really valuable, maybe it will be profitable." My family still earns money from Hippogriffs every year, and now I'm curious to know what that unicorn looks like. ”

"Now at halftime, the second half said that each price increase was 10,000, and the maximum was 100,000. Hermione took a sip of hot tea, "What if they can't come up with that much money?"

"Simple, file a lawsuit against the Wizengamot for the confiscation of all movable and immovable property. It doesn't matter how much property there is, it is cleared at once. If you need to pay 1 million Galleons and your net worth is only 500,000, it will also be cleared. Generally, it is enough to copy the vault, and those who can come in have proof of property, and they will definitely not lose money if they move away. "The auction house actually wants this to happen, not only for a lot of cash, but also for a lot of magic items and jewelry." ”

"It's too rude. Hermione muttered.

"Who told you to buy it. As soon as the words ended, the conversation began.

Something auctioned in the second half is not necessarily better than the first half. But one of the things in the second half of the auction -- and quite a few of them will be -- is that they are bought and can be in the limelight.

Many pure-blood families come here, and political marriages are done at the expense of money. And many pure-blood families are face-conscious and like luxurious pomp. The things auctioned here are to cater to their consumption psychology, so the descendants of the pure-blood family and the chasing girls like to come here to show their family's magnanimity and heritage.

But sometimes it happens that two witches look at the same exhibit, and the wallets on both sides are miserable. The two sides often bargain with each other to make a family go from prosperity to decline overnight. The offspring can only live by eating dirt - pure-blood families generally have house-elves, and when raiding the house, they are also counted as property. After the days of clothes and food are gone, some fools will even starve to death at home.

Family honor makes them never steal or the like in order to feed themselves. In fact, as long as you are willing to put down your face and go to work, the worst will not happen at all. They don't want money to die, and when the gold is gone, they can earn it again. People can't turn their brains around, no wonder they can't turn around.

The winning family wealth is scattered, and the losing face is disgraced, except for the auction house, all are losers. Without any security measures, this kind of plot always keeps coming. Earn the money of the nouveau riche in the first half and the money of the pure-blood family in the second half.

Voldemort's maternal grandfather, the Gaunt family, auctioned a bracelet at an auction house more than 200 years ago for an engagement session. directly emptied the treasury of the Gaunt family, and the last generation of Gaunt family members could only live in a dilapidated house to survive.

Strange to say, the more elaborate the family, the more arrogant and conceited its descendants become. This auction house, every year, has a pure-blood family that goes bankrupt for this reason, and it usually goes extinct within a few generations.

The traditional skills of the family have been turned into stocks, and perhaps their ancestors did not expect that what seemed to be a means of eternal wealth and prosperity would cause their descendants to lose all survival skills. Or that they would rather starve to death than grow some food around their homes—which is usually the work of house-elves—and it was difficult for Phoenix to understand their behavior.

The source of the exhibits is the declining large families, whose coffers are usually the best, largest, and safest, and how much treasure they contain may not even be known to the family members.

Because the vault is mortgaged for business, gambling, stocks, etc., it will be confiscated if it cannot be redeemed afterwards, and the precious and rare things in it will be lost to the auction house. Some pure-blood families, in order to pay off the auction price, may have their coffers wiped out. This creates a cycle, and the cycle repeats.

One family emptied its vaults in order to pay it off. The treasure in the vault was auctioned off by the auction house as an exhibit, and there may have been another family who went bankrupt to buy the exhibit.

Some wizards have thought of some way to avoid this situation. But Peverell has already set up a lot of obstacles with the help of the goblins, and there is only one bank anyway, and you have to follow the rules.

Families that can survive for a long time have strict family education. Their descendants may be unknown, but they are still one of the few who can read about their ancestors in the history of magic.