Chapter 40: Under the Auction
"It's easy to say, it's easy to say."
The county magistrate laughed out loud at that time, 10,000 shares, and he, as the county magistrate, must take at least 1,000 shares, right?
And it's given away for free, so you don't have to go to the auction like those squires.
Even if they knew that the auction was a pit, they would have to jump into it desperately.
"Niece, ahem."
Song Jie even changed his name all of a sudden, coughed dryly twice, and asked, "That, when will the auction start?" β
"Now."
Lu Pheasant said seriously.
"Now?"
Song Jie was startled, and hurriedly said, "Niece, why don't you do it tomorrow?" We all have something to do......"
"Now."
"We didn't bring any money."
"It's okay, I'm sure your uncles won't admit it, just auction it first and then send someone to send the money."
"No, I really ......"
"Right now."
Lu Pheasant said categorically, "In addition, the auction will be presided over by Mr. Xiao He, and it will start now." After the auction, it will be the Double Ninth Feast, so you don't have to worry. β
Don't worry about your mom!
The squires all have the same idea, and they want to collude and then lower the price.
However, Lu Pheasant didn't give them a chance, and auctioned it on the spot!
And it's just one chance, if you miss it, you won't have it!
Therefore, although they are as uncomfortable as eating Xiang, they still have to bid while shouting the real fragrance.
"Ahem, guys, it's the first time I've done anything like this."
Xiao He slowly walked to the front desk, although he was not stage frightened, he was also a little nervous, and coughed dryly, "If something goes wrong, I hope to bear with me." Then, the first 500 shares were auctioned at a reserve price of one gold. β
"Hissββ!"
The squires almost didn't scold their mothers, and they opened their mouths for a gold! Your sister!
One gold is 10,000 dollars!
Also, by the way.
Since ancient times, the main currency in circulation in China has been copper coins, and then gold.
Before the Ming Dynasty, China's main currency was copper coins, and gold and silver were used as precious metal currencies and were not circulated in the market.
In the Ming Dynasty, due to the development of maritime trade and exports, coupled with the discovery of the Americas by Europeans, a large amount of American silver poured into China through the Mexico-Manila-China route, which greatly increased the amount of silver in the market, which made it possible for silver to be used as a common currency in the market.
Since then, silver has become the main currency in China, and copper coins have been reduced to secondary coins.
In fact, until the Song Dynasty, the unit of measurement of the imperial court's income was how many copper coins, not how many taels of silver.
Strictly speaking, copper coins are about the same as one or two pieces of silver.
But because there was too little silver to circulate, they used the usual copper coins instead of one or two pieces of silver.
And the usual copper coins, almost 1,000 pieces. When it was small, it was only 700, but there were even 1,200 or 300, all of which fluctuated with prices.
And now it's just the Qin Dynasty, and silver is okay as decorations and valuables, but it's okay as currency.
Therefore, gold is the upper coin, and copper is the lower coin.
If anyone trades money, he will be arrested!
Even for these squires, gold is generally used for inheritance, and copper coins are used on weekdays.
But now, the Lu family is a gold, but they can't help but buy it!
"I'll give you a gold!"
Suddenly, I don't know who was the first to shout.
Then, the atmosphere suddenly fell silent, and then, it exploded.
"One gold and one thousand dollars!"
"Five thousand dollars for one gold!"
The local squire, the average family is about a few hundred gold.
And those who are a little richer are thousands of gold.
For example, the county order, his family has thousands of gold and was robbed by Li Lin.
And this is not all the property, it was just robbed by Li Lin. As the saying goes, the cunning rabbit has three holes. The prefectural order was only stolen from one of the caves, and there are two more!
In other words, the money of the county order family is tens of thousands of dollars!
And in this room, every family's money is more than a thousand gold!
Moreover, it takes 5,000 shares to be able to get the technology and really squeeze into the top!
So, each of them has to be auctioned at least ten times!
So the further back, the more fierce the competition. But these squires are not all fools, they know what it means to accept when they see a good thing, and they also know that they can't cheapen the profiteers of the Lu family.
Therefore, when fighting, it is all about taking it when it is good.
In the end, the 50,000 shares were auctioned clean.
The Song family accounted for 7,000 shares, the other four accounted for 5,000 shares, and the Wang family held 1,000 shares.
The other 44 families were all wet with rain and dew, and each family had 500 shares.
50,000 shares were auctioned 100 times, with an average transaction price per transaction, and the total gold income!
The Lu family suddenly changed from a broken family to a top local squire celebrity!
Not to mention the local, where 10,000 gold is put is a top squire celebrity!
10,000 gold looks like a lot, but it's actually a loss.
If you want to sell paper, then you have to sell 10,000 pieces of paper to get back the cost.
This is destined to be a long-term thing.
But as long as they do it, then they will earn tenfold, hundredfold benefits!
Even if they can't do it halfway, then they can sell their shares to others, and there are more people looking at this share of benefits in the world.
Buy 500 shares with 100 gold today, and tomorrow it may change hands and become a thousand gold!
A family is only a few hundred gold, and it seems silly but necessary to buy a share with a fraction of their savings at once.
Investment, there is a risk to call investment, to gamble is called investment.
If you don't bet, you won't lose, but you won't win either. If you bet, you may lose, but you may also win.
And the paper business is a sure way to make a profit!
However, in the end, there are only nine families who are qualified to know the technical secrets.
Three county officials, five families, and the Lu family's own people.
And in the end, the price of the paper was set.
Toilet paper is the cheapest, a roll for a dollar, and it is sold to everyone.
This paper is so soft that you can't read it even when you write with a ballpoint pen. If you use a brush to write, you can imagine that it is simply impossible.
And the toilet paper will also be cut, only the size of the palm of the hand, after all, the purpose is to do that.
One dollar and one roll, mainly so that ordinary people can afford it.
Not to serve the masses, but to make more money!
The price is actually quite fair, and a roll of paper is enough for one person for several days. And it is very reasonable for a person to eat for three dollars a day, and it is very reasonable to use only one dollar for a few days.
There are 30 million people in the country, and each person has 3,000 gold for one volume!
Even if it's half, it's fifteen hundred gold, and it's long-term! Buy at least once a week!
Think about it, do you still think that this could be a loss?
10,000 gold, is it a lot?
It will be earned back in a few months, but it will take two or three years or even five or six years to promote this paper to the whole country.
But as long as you survive the past few years, you will have a wide range of financial resources and make money every day!
The squires are not stupid, they were immediately encircled by the big cake painted by Lu Pheasant, and they all had motivation all of a sudden.