A palm-sized auction device resembling a circular mirror with a handle suddenly had a jade scroll, one finger wide, appearing mysteriously in the center of the mirror surface after a flash of light.
This made Ye Zhen raise his eyebrows, feeling sowhat intrigued.
The ability to concentrate a miniature teleportation array onto this palm-sized auction device was not too surprising to Ye Zhen.
However, completing the teleportation of three auction devices simultaneously in an instant was truly astonishing to Ye Zhen.
That kind of one-to-one miniature teleportation array is definitely impossible; otherwise, the cost would be excruciating, even for the Five Immortals Hall. More importantly, the operation would be extrely cumberso.
This should be a very rare type of Cardinal Movent Formation, which requires a profoundly intricate teleportation grand formation. Theoretically, it could simultaneously teleport items to tens of thousands of miniature arrays.
From this point of view alone, it signifies that the Five Immortals Hall possesses an extrely skilled formation grandmaster.
The construction difficulty of such a Cardinal Movent Formation is second only to the ancient teleportation formation capable of spanning the Ten Thousand Worlds in distance.
"Kid, quickly record three Divine Records from this jade scroll; we only have 15 minutes to select auction items and place bids."
Ling Wangke swiftly made Ye Zhen understand the rules of this large-scale silent auction at the Five Immortals Hall.
Five Immortals Island annually collects treasures from the All Heavens and Myriads of Worlds, along with various heavenly materials and earthly treasures that martial artists voluntarily bring in, so vast in number that even tens of thousands are considered few.
Among this vast collection of treasures, Five Immortals Island processes them based on rarity at the monthly and quarterly auctions of the Five Immortals Hall, leaving the most precious ones for the annual auction.
Even so, the quantity remains abundant.
If conducted through the standard auction process, it probably wouldn’t be completed even after ten days and nights.
Thus, there ca this large-scale silent auction.
After further categorizing the auction items for the annual gathering based on rarity, those of secondary importance among heavenly materials and earthly treasures appear on the silent auction jade scroll.
The silent auction jade scroll records up to a thousand kinds of heavenly materials and earthly treasures each ti; Five Immortals Hall ensures the details for each silent auction item are extrely thorough, including detailed images, along with minimum bid prices, average transaction prices over the years, highest transaction price, etc.
Participants rely need to read this auction jade scroll and submit their bid; 15 minutes later, Five Immortals Island collects the bidding jade scrolls, compares them, and the highest bidder wins.
Approximately an hour later, a thousand auction items can be settled, making it quick, convenient, and ti-efficient, greatly favored by the participants.
If an auction were to last ten days to half a month, few would have the patience to wait it out.
As a veteran of many annual auctions, Ling Wangke focused intently on the jade scroll upon receiving Ye Zhen’s Divine Record, occasionally reminding Ye Zhen.
"If there’s anything you like but don’t necessarily have to bid for, you can place a casual bid; there’s a chance of getting a bargain if luck is on your side," Ling Wangke advised.
At just a glance at this silent auction jade scroll, Ye Zhen understood why the annual auction at Five Immortals Island stands as a comrcial event among the All Heavens and Myriads of Worlds—it was justified.
The effort poured into just this one jade scroll for maximizing convenience to bidders while maximizing profits was evident.
This first round of silent auction items focused on artificial items, with various rare pills, a large batch of pills, nurous soul artifacts, and suppressing devices, including so uncommon auxiliary suppressing devices all present.
However, the sheer quantity of suppressing devices indicated their preciousness.
There were over 230 low-grade suppressing artifacts, with 80-plus pieces of a single type, each ranging from a few to twenty pieces.
These should be products from so skilled artifact refiners.
The quantity of mid-grade suppressing artifacts imdiately reduced sharply to only over 60 pieces, with the least quantity of identical suppressing artifacts having just one, and the most no more than five.
High-grade suppressing devices were exceptionally rare, with only one among a thousand items, and its starting price shocked Ye Zhen.
The starting price was as high as 1 million high-grade spirit stones, with the average historical transaction price at 185 high-grade spirit stones and the highest transaction price reaching 293 million high-grade spirit stones.
None of these soul and suppressing artifacts were bid on by Ye Zhen, whose current artifact refining skills allowed him to craft mid-grade suppressing artifacts independently. Given ti, high-grade suppressing devices wouldn’t be an issue either.
The higher the level in artifact refining, the more lucrative it becos.
Just like the Thousand Mountain Spirit-shocking Bow crafted by Ye Zhen at the low-grade suppressing artifact level, by Ye Zhen’s estimation, assembling all artifact refining materials would cost around 10,000 high-grade spirit stones, whereas the starting price here stood at 30,000 high-grade spirit stones, with the average transaction price reaching 80,000 high-grade spirit stones.
Ye Zhen realized that, with his level and speed of artifact refining, he could easily earn 600 to 700 thousand high-grade spirit stones annually through auction at the annual gathering at Five Immortals Island.
If Ye Zhen devoted all his ti to artifact refining, that is.
Ye Zhen remained composed, while Ling Wangke shouted excitedly, bidding on over a hundred items, including placing a bid on that sole high-grade suppressing device.
Ultimately, in this first round of silent auction, Ye Zhen bid on four pill formulas and seventeen types of pills.
Since we need to cultivate Shuili Dan King, providing him with so rare pill formulas and pills for reference is necessary.
These are what Ye Zhen has bid for Shuili Dan King.
"As long as I can bid successfully on one-fifth of the suppressing devices I’ve set my sights on, this trip won’t be in vain." Ling Wangke said when handing the secret bidding jade scroll to Ye Zhen.
"Why, is the Ling Family very short of suppressing devices?" Ye Zhen asked casually.
"Not just short, extrely short! Suppressing devices, especially mid-grade ones, have always been extrely scarce." Ling Wangke replied.
"Hmm, imprint your Divine Soul on this auction jade scroll, then put it into this auction device, and it’ll be done." Ling Wangke instructed Ye Zhen.
After Ye Zhen followed the instructions, a glow flashed on the auction device, and the jade scroll he just placed disappeared once again, earning his admiration.
"Distinguished guests, the first round of secret bidding has ended. Please wait a mont; the auction results will be announced shortly." The auctioneer’s voice rang out again.
The bidding results sent back after half a quarter-hour surprised Ye Zhen a bit.
Out of the twenty-one auction items Ye Zhen bid on during the first round, he only won five items, just under a fifth.
Moreover, among the four items, three were pills, and for the four pill formulas that Ye Zhen valued highly, offering more than twenty percent above the average market price, he only won one!
"What’s the matter, stunned?"
Ling Wangke’s cheerful voice sounded, "The annual auction conference is fiercely competitive, beyond imagination.
See, I bid on fifty-seven items and only succeeded on fourteen, and mostly on the items that were more nurous."
Upon hearing this, Ye Zhen nodded, indeed the competition at the annual auction conference was fiercer than he imagined.
Soon, the deacons belonging to Five Immortals Hall were dispatched, carrying the secret bidding jade scrolls and treasures for transaction. Dao Realm experts’ aura began to flicker slightly at this mont, deterring any potential misconduct.
These deacons of Five Immortals Hall were well-trained, completing the transactions in a very short ti.
In this first round of secret bidding, Ye Zhen spent a total of over thirty thousand high-grade Spiritual Stones, which doesn’t seem to be much.
But in the next mont, Big Ears Nie Ting provided Ye Zhen with a figure.
"Fifty-three million two hundred and ninety-nine thousand plus high-grade Spiritual Stones."
This was the transaction amount Big Ears Nie Ting heard, summarized by the shopkeepers affiliated with Five Immortals Island after the first round of transactions concluded at the annual auction conference.
Not ntioning the other earnings, just in this first round of secret bidding alone, according to the cut received post-transaction by Five Immortals Island, the profit is over two million six hundred thousand high-grade Spiritual Stones, purely earned.
By this calculation, after ten rounds, there would be at least nearly thirty million high-grade Spiritual Stones in pure inco.
This number startled Ye Zhen’s heart for a mont, suddenly making him understand why Five Immortals Hall was incredibly generous.
This auction conference is simply a treasure trove, and it’s rely one of Five Immortals Island’s ventures.
The pace of secret bidding was swift, with each round giving fifteen minutes to bid, making all martial artists seize the ti tightly, essentially bidding as soon as they liked sothing, without much ti for consideration.
Quickly, nine rounds of secret bidding passed in a blink. Ye Zhen, apart from bidding on so pills and pill formulas, also bid on a few Heavenly Materials and Earthly Treasures used for refining mid-grade and high-grade suppressing devices.
"Honored guests, below is still the final round of secret bidding, which also includes the widest category and the largest number of items.
In the myriad worlds, there are nurous mysterious items with unknown origins and functions.
The sa item may be a waste in soone’s hand, but a treasure in the eyes of another. All such extraordinary items collected by Five Immortals Island are concentrated in this final round of secret bidding.
The auction rules are the sa as the previous nine rounds of secret bidding; please bid within the allotted ti." The auctioneer’s voice sounded.
"Haha, the treasure-hunting opportunity has co." Upon hearing this voice, Ling Wangke excitedly rubbed his hands, eyes staring at the auction device.
"Treasure hunting?" Ye Zhen was sowhat puzzled.
"Didn’t the auctioneer say, so items only reveal their value in the right person’s hands, like thirty years ago, I found a great treasure, which was the main material for refining the Supre Divine Soul Suppressing Device for Thousand Jade; this stuff relies entirely on luck and vision!
So get junk, while others find treasures, it’s all about personal fortune." As he said this, Ling Wangke’s eyes suddenly lit up, "Here it cos."
A glow flashed on the auction device, and a jade scroll appeared again.
Having long been adept at this, Ye Zhen quickly recorded three jade scrolls, and his Divine Sense imrsed into the jade scroll.
As Divine Sense scanned through swiftly, Ye Zhen’s attention soon focused sharply on item number seventy-three.
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