Chapter 1705: Chapter 1702: Auction (Part 4)
“Fifteen taels and five hundred wen.”
“Sixteen taels.”
“Sixteen taels and a hundred coins.”
“Sixteen taels and 300 copper coins.”
“Sixteen taels and 700 copper coins.”
“Seventeen taels and five hundred wen.”
“Twenty taels.” A rchant on the second floor shouted, accompanied by his servants.
This huge difference imdiately caught the attention of the rchants who had been waiting. Following that, bidding began on the second floor.
“Twenty-five taels.”
“Thirty taels.”
“Thirty-five taels.”
“Thirty-six taels.”
The price kept rising, and there was no one bidding on the first floor anymore. Actually, this price wasn’t considered high, but the rchants on the first floor were clearly reluctant. Besides, they didn’t know what prices the rchants upstairs would call.
“Forty-two taels once.”
“Forty-two taels twice.”
“Forty-two taels…”
“Fifty taels.” A voice rang out from the third floor.
There was a quiet all around, and the rchants on the first floor whispered to each other, sowhat shocked by this price. This price had increased by more than three tis. If they continued bidding, it could rise even higher. This was just when the weaving machine had co out; no one knew how many more there would be in the future or what the price would be.
For a mont, everything quieted down.
Tang Dongfeng laughed and shouted, “Fifty taels once.”
“Fifty taels twice.”
“Fifty taels three tis, congratulations to custor number three for auctioning three single-person weaving machines.”
The crowd breathed a sigh of relief. It seed like this was the price of a single weaving machine, about seventeen taels each, more than three tis the price of the currently common weaving machines.
Actually, it was still quite good.
Following that, Tang Dongfeng began announcing the third auction item, which was also a garnt.
Actually, regarding the price of the weaving machine, Ye Muyu had discussed with Tang Dongfeng and decided the base price would be the market price for weaving machines in the future large market.
Based on a series of costs, they calculated that five taels was the most suitable price, and with a little effort, even ordinary villagers could afford one.
She wanted to earn silver from these rchants. To be honest, the current price wasn’t high; casually in the capital, a painting could be auctioned for a few hundred taels of silver.
It was enough to see the depth of these people’s pockets.
But Ye Muyu didn’t intend to trick commoners. When weaving machines beca widespread in the future, soone would surely set her auction starting price, and they might even use this to shift the bla onto Yonghe Shop.
Solving issues for commoners would be easy, just needing ti and promoting, and everything would be fine.
But in the official circle, she couldn’t afford to be caught out, even though she was running a shop, she couldn’t bring trouble to Chu Heng.
Because of this, the base price was set low.
Actually, she knew exactly who was in each room number, and she wasn’t surprised to learn that the weaving machines had just been bought by people from Beirong.
Compared to the rchants of Great Chu, so of whom ca to see the excitent and others who were real ready-made garnt rchants, these people were truly anxious.
If they fell behind even a step, their business would surely suffer.
Yonghe Ready-made Clothing Store also sold satin garnts, but in very small quantities, so it did not affect the foundations of those large wealthy rchants. However, the clothes that Yonghe sold to ordinary people were very cost-effective, with suitable prices and good quality.
This caused a massive impact on small shops.
The rchants on the first floor were the most anxious.
Especially as they watched the auction progress, it was clear the weaving machines were selling out quickly, making them increasingly anxious.
The prices were called higher and higher.
By the ti the auction was halfway through, the price of a single-person weaving machine had already been bid up to thirty taels.
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