Chapter 80: Tens of millions of commissions
Lot 63 of the World Famous Spirits Special Sale: Yamazaki 50 Year Old First Edition Single Malt Whisky, hammer price 2,788,000 Hong Kong dollars, commission fee 557,600 Hong Kong dollars, total settlement amount of 3,345,600 Hong Kong dollars;
Lot 53 of the Ancient Chinese Jade Sale: Seven pieces of imperial jade and Khotanese jade wrenches made by Qianlong in the Qing Dynasty and a three-fish pattern cover with red red sandalwood falling flowers and flowing water, with a hammer price of HK$90 million, a commission fee of HK$13.35 million, and a total settlement amount of HK$103.35 million;
The total amount of all lots settled: 118,592,700 Hong Kong dollars.
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For the bidding rules of the world's top auction houses, Tang Yuan was already familiar with it half a month ago.
The hammer price is the money paid by the auction house to the seller, while the money paid by the buyer to the auction house is on top of the hammer price and the commission must be added.
Auction houses are not charitable organizations, so naturally they are unlikely to make loss-making transactions, and their main source of income is the commission paid by buyers after the auction items are sold.
Christie's, Sotheby's, China Guardian, Yanjing Poly ......
These world's top auction houses, their commission calculation method is basically the same, in the hammer price of each lot, in the part of the 5 million Hong Kong dollars or below, the commission for this part of the amount is calculated at 20%, the part of the amount exceeding 5 million Hong Kong dollars to 20 million Hong Kong dollars, the commission of this part of the amount is calculated at 17%, and the part of more than 20 million Hong Kong dollars, the commission of this part of the amount is calculated at 14%.
In tonight's auction, only the Qing Qianlong Imperial Jade and Khotanese Jade Wrench were sold for more than HK$20 million, while the rest of the lots were sold for less than HK$5 million.
Tang Yuan just took a look, and tonight he alone created nearly 16 million Hong Kong dollars in revenue for Sotheby's auction house.
"It's a huge profit......"
"No wonder you treat me like an ancestor."
Tang Yuan was silent on the surface, and secretly sighed in his heart.
The amount of the last two large-value lots was simply calculated, Tang Yuan did not continue to calculate, Sotheby's auction house has a history of nearly 300 years since its establishment, and its reputation is still guaranteed, after all, the foundation of the auction house is credibility, if the auction house has no reputation, then who dares to buy or sell things in Sotheby's auction house.
Yang Ying saw Tang Yuan put down the consumption list, she knew that Tang Yuan had finished reading, and then asked tentatively: "Mr. Tang, is there any problem with the consumption list?" β
"No problem." Tang Yuan shook his head, and then asked, "I don't have so many Hong Kong dollars in my account, can I settle directly in US dollars?" β
At present, Tang Yuan has more than 6 billion in cash, of which the RMB reserve is less than 100 million due to the purchase of villas and the acquisition of Jinwei Security during this period, and the rest are all US dollars, a full 900 million.
The US dollar is foreign exchange, and if you want to convert a large amount of US dollars into RMB, this business needs to go to the bank to handle it, although during this time, the president of the Zhonghai branch of China Merchants Bank will call Tang Yuan every two days to greet him, but Tang Yuan is really busy during this time, so the exchange of foreign exchange is always delayed again and again, so that the tone of the president of the Zhonghai branch of China Merchants Bank in the last few days has inexplicably become a little resentful.
In this regard, Tang Yuan said: Next time, definitely!
Faced with Tang Yuan's willingness to settle in US dollars, Yang Ying's eyes lit up slightly, and she responded with a smile: "Of course, our Sotheby's auction house supports settlement in any currency, and we will convert it according to the exchange rate between Hong Kong dollars and US dollars announced by HSBC Hong Kong City on the previous working day, please be aware of this." β
"Yes."
Tang Yuan bowed slightly, and had no objection to what Yang Ying said, because the exchange rate conversion method that Yang Ying said was the regulation of Sotheby's auction house, and it has always been this rule in recent decades.
"Okay, please wait."
After Yang Ying received Tang Yuan's affirmative reply, she said to Tang Yuan, then stood up again, and walked out of the VIP room quickly with high heels.
After the other party left, Tang Yuan took a sip of hot tea.
The aroma is melodious, the tea soup is mellow, and the aftertaste is long, Tang Yuan, who has studied tea tasting, instantly knew that this was the taste of Da Hong Pao, and it was not an ordinary Da Hong Pao, only the top Da Hong Pao, would have such a long aftertaste.
"If you're curious, pick it up and look at it generously, this is not a classified document, is it worth your sneak peek?"
Tang Yuan noticed that Wen Muxue's gaze frequently swept towards the consumption list he had just placed on the table, he shook his head a little helplessly, and then picked up the consumption list and stuffed it directly into Wen Muxue's hand.
Wen Muxue's face flushed slightly when she heard this, and she wanted to say something, but by coincidence, she saw at a glance the commission fee of up to 13.35 million Hong Kong dollars for the last group of Qing Qianlong imperial jade and Khotanese jade wrenches, and the whole person was directly shocked to the point that her brain was blank, and it took half a day to relieve it.
"Senior, this ......"
"The commission of this group of Qing Qianlong imperial jade and Khotanese jade wrenches is 13.35 million Hong Kong dollars? It can't be a mistake, right? β
Wen Muxue pointed to the last position of the consumption list, looked at Tang Yuan and asked with some stumbling.
"The commission is right, it is indeed 13.35 million."
Tang Yuan smiled, seeing that Yang Ying hadn't come back yet, and he was idle anyway, so he gave Wen Muxue a science about the commission system of major auction houses.
Although Wen Muxue, as a top student of China Overseas Jiaotong University, has a strong learning ability and acceptance ability, the commission fee of up to 13.35 million still makes her feel a little dizzy: "In other words, all the famous wines we auctioned in the world's famous wine treasure auction add up, and the total value is comparable to the commission of the Qianlong imperial jade and Khotanese jade wrench fingers in the Qing Dynasty?" β
"Almost."
Tang Yuan nodded with a smile, and then said again: "The cost is not something for you to consider, you should think about it now, and we should go to eat something when we leave here." β
"What do you want to eat?"
"I can do it, you can decide."
"Okay, then I'll go search on Xiaohongshu!"
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Just when Tang Yuan and Wen Muxue were waiting for something to eat, Yang Ying, who had just left for about five minutes, returned to the VIP room with a financial staff from Sotheby's Auction House.
"Mr. Tang, I just checked the exchange rate between Hong Kong and Hong Kong ...... Hong Kong City HSBC yesterday and the US dollar was 7.82, this is the exchange rate of Hong Kong City HSBC yesterday, please take a look."
After Yang Ying returned to the VIP room, she first bowed to Tang Yuan, and then handed over the exchange rate to Tang Yuan with both hands.
Tang Yuan took the exchange rate list, glanced at it casually, and put it on the table.
"How much is the total amount after converting dollars?"
"$15,165,000."
"Tell me your corporate account, and I'll call the bank now."
After Tang Yuan finished speaking, he directly dialed the exclusive service hotline for private banking customers of China Merchants Bank.
When it comes to the transfer of hundreds of millions of dollars, Tang Yuan just swiped the card, and the bank had to call, so in order to avoid trouble, Tang Yuan directly chose to call the bank and ask the other party to help with the transfer operation.
Of course, with such a large amount of money, various verification procedures are naturally unavoidable, and Tang Yuan can understand this, after all, this is also for the safety of users' funds.
About ten minutes later, as Sotheby's Auction House received a transfer reminder for its corporate account, it meant that the deal was officially concluded, and then Tang Yuan, under the guidance of Yang Ying, began to sign the order frantically.
Wen Muxue looked at Tang Yuan in front of her, and her whole person was a little stunned.
Nearly 120 million money, just like that?
Is......
So CrazyοΌ