The cultivation world is similar, and perhaps even more direct.
After the first item was sold, the second item followed immediately. This time, it was a treasure, a low-grade spiritual artifact. Normally, this item would only cost three or four hundred thousand spirit stones, but it was sold for nearly five hundred thousand spirit stones.
Almost all of them were above the average market price. Of course, there are many factors that can make a commodity fetch a high price at auction, but Jin Xiangrui's influence is certainly indispensable.
The third item is quite interesting.
"Hehe, esteemed guests, the third treasure is quite interesting. This time, we're auctioning pills, pills suitable for those at the Sea of Wheels realm. They're a new type of pill, and after testing, we've confirmed their efficacy is exceptional. We acquired these pills from a mysterious alchemist. There are two types: one is called the Spirit Explosion Pill, which increases cultivation progress by three days at the Sea of Wheels realm with just one pill, and is applicable to all Sea of Wheels realms; the second is the Spirit Breaking Pill, which allows Sea of Wheels cultivators to easily break through bottlenecks and enter a new realm with just one pill," Jin Xiangrui announced mysteriously to the crowd.
These words caused an uproar in the room.
It seems that the pills that Ye Liuyun sold to Wanbaolou were then put up for auction by Wanbaolou.
"This? It really is my pill. I wonder what price Wanbaolou will sell it for. I'm really looking forward to it." Ye Liuyun said with great anticipation as he looked at the pill that the maid brought over on the large silver screen.
However, Lin Aoxue's words turned Ye Liuyun's expectations into frustration.
"What are you looking forward to? These pills are bought outright. They'll buy them from you, and even if they sell them for a sky-high price, it won't affect you. On the contrary, it might disgust you. I think you'd better be mentally prepared," Lin Aoxue said.
"Eh? Really? Then I'd like to see just how corrupt Wanbaolou can be," Ye Liuyun said seriously.
Looking at the auction stage, a maid had already brought some exquisite small porcelain bottles to Jin Xiangrui and placed them in front of her.
Jin Xiangrui smiled and picked up the medicine bottle, then poured out a Spirit Explosion Pill. As soon as the pill came out of the porcelain bottle, its rich light immediately attracted everyone's attention.
"Please look, everyone, this is the Exploding Spirit Pill," Jin Xiangrui said, gesturing.
"This? Such a rich elixir light! I've never seen a pill of such high quality before. One pill can increase one's cultivation level by three days in the Sea of Wheels realm. Is that true?" The guests all showed expressions of surprise.
Jin Xiangrui first showed everyone the Exploding Spirit Pill, and then showed everyone the Breaking Spirit Pill. Compared to the Exploding Spirit Pill, the Breaking Spirit Pill's effects were obviously more attractive.
Because it's a new type of elixir, there will definitely be people who will question it.
"Master Jin, is this pill truly as miraculous as you say? The Exploding Spirit Pill can convert three days' worth of cultivation, and the Breaking Spirit Pill can directly allow a cultivator in the Sea of Wheels realm to break through their cultivation level by 100%? I have never heard of such effects before." A guest in the VIP room spoke up.
Jin Xiangrui knew that Wanbaolou needed to make promises and guarantees before they could start selling these pills.
"Guests in VIP room number 8, please don't worry. Wanbaolou would never joke with its reputation. This pill is sold in bulk. Only a portion will be sold at auction. The rest can be purchased from our Chamber of Commerce after the auction if any guests present are interested. Wanbaolou is simply using the auction to introduce this new type of pill to the world."
"This pill has already been registered in the Pill Pavilion, and you can check it at any time," Jin Xiangrui said with a smile.
With Jin Xiangrui's words as a guarantee, the worried cultivators finally calmed down.
The sudden silence created a strange sense of oppression.
If the pill is truly effective, then it will be in high demand and short supply. The next step is to see how much Wanbaolou will price it.
"Alright, now I will announce the prices. The Spirit Explosion Pills for sale in this auction will be 1000 spirit stones each, with a total of 100 pills, which means the starting price is 100,000 spirit stones. Each bid must be at least 10,000 spirit stones. The Spirit Breaking Pills will be 100,000 spirit stones each, with a total of 10 pills, and the starting price is 1 million spirit stones. Each bid must be at least 50,000 spirit stones." Jin Xiangrui announced.
"Pfft!" The moment the unit price and the low price were announced, Ye Liuyun, who was drinking spiritual tea, spat out the tea in his mouth, which landed directly on the large silver screen and Jin Xiangrui's face.
It can only be said that her expected price was really too low, or that she underestimated Wanbaolou's unscrupulousness.
"This? This is so dark!" Ye Liuyun said, utterly surprised.
Seeing Ye Liuyun's strong reaction, Lin Aoxue knew that Ye Liuyun had definitely been extorted by Jin Xiangrui.
"It seems that the price you're selling it for is still too low," Lin Aoxue sighed.
"It's not just cheap, this damn low price is much higher than the purchase price. They'll definitely raise the price later. This is practically handing over the pricing power of the pills to the cultivators present. Just you wait, Wanbaolou will definitely have something to say." Ye Liuyun felt uncomfortable all over.
Sure enough, after Jin Xiangrui stated the price, she added a reminder.
"Gentlemen, you must listen carefully to what I am saying. Our Wanbaolou doesn't have many of these pills in stock right now. If we miss this auction, we don't know when the next batch will come."
These pills are useless for those at the Dao Palace realm, but for those at the Sea of Wheels realm, they are absolutely sacred medicines. One Spirit Explosion Pill can boost their cultivation in three days? They all understand what that means. And then there's the Spirit Breaking Pill, one of which can save them the trouble of failing to break through their realm.
These lousy spirit pills, let alone 10 spirit stones each, they wouldn't feel like they're losing out even if they were a little more expensive.
If these pills were given to an outstanding disciple of the sect, it would definitely greatly increase the speed at which that disciple reaches the Dao Palace realm.
The four lower-level sects, along with several powerful sects, would certainly not allow this pill to fall into the hands of other sects, especially those with whom they have a competitive relationship.
Jin Xiangrui's last sentence was actually telling everyone not to think about buying from the merchant guild. There weren't many pills, and once they were officially on sale, they would definitely be sold out. Even if you had money, you might not be able to get any.
Also, these pills are limited in quantity. Once they're sold out, there might not be any left, so don't try to deliberately not raise the price.
The final selling price of the pills will be in the hands of you buyers. You should think carefully. If you don't raise the price, the rest of the pills will definitely be snapped up.
If you raise the price, you will cut off the purchasing hopes of some ordinary cultivators.
This is a typical example of manipulating the minds of these sects.
"For the Spirit-Breaking Pill, I'll bid 20 spirit stones; for the Spirit-Breaking Pill, I'll bid 130 spirit stones." A guest in VIP room number 80 made his bid.
The price is ridiculously high; only Wanbaolou would come up with the idea of setting the price of elixirs at an auction to inflate it.
The competition for these pills is generally not something that cultivators in ordinary positions participate in, because they won't help those sects raise the bar for pills, and they certainly wouldn't be able to snag any anyway.
"Damn it, Wanbaolou is going too far! They deliberately put such pills at the auction and let us set the price. We can't bid, and we can't not bid either." Many people were caught in a dilemma by Wanbaolou's actions.
"25 spirit stones, 135 spirit stones." Another guest in the VIP room also raised the price.
Jin Xiangrui's face lit up with joy as she watched the prices of the two pills rise. But while some were happy, others were sad. Ye Liuyun's heart was bleeding as she heard the prices keep increasing.
Although the cost of these pills was very low, it was hard for her to remain calm when she saw Wanbaolou making so much money from her pills.
"It's so dark, so incredibly dark. I really want to burn this Wanbaolou down!" Ye Liuyun was so angry that he couldn't even sit still.
"Well, this is good too. You'll have a price reference next time you sell pills." Lin Aoxue shook her head helplessly, looking at Ye Liuyun's angry expression.
The new type of elixir has no reference price on the market, so we can only test the waters.
Of course, Wanbaolou didn't come without a price. In order to register these two pills, they spent nearly 500 million spirit stones to register the Exploding Spirit Pill and 3000 million spirit stones to register the Breaking Spirit Pill. They didn't go through the formal channels; it can only be said that they used connections.
They will definitely try to recoup their losses from the customers.
Chapter 204 Spending Money Like Water
Wanbaolou is really ruthless, but as a businessman, what he does is reasonable. The value of many commodities is based on clear market prices, making it difficult to lower or raise prices.
But with Ye Liuyun's pills, you really can't openly accuse Wanbaolou of being heartless. Only Ye Liuyun, the seller, can vent his frustrations here.
In fact, when Wanbaolou first arrived in Silent City, the four major sects were envious of Wanbaolou's profits and had considered cooperating with Wanbaolou, but unfortunately, Jin Xiangrui directly rejected them.
It seems that Wanbaolou has a rule that it cannot be associated with cultivation sects.
In fact, cooperation only brings benefits to them and no harm to them, but it is very unfriendly to ordinary cultivators, because if all the powerful forces in this area cooperate with Wanbaolou, then the market for cultivation resources in this area will definitely be severely damaged.
At the same time, Wanbaolou would also be involved in the disputes between cultivation sects, which would only cause trouble for itself. Therefore, the founder of Wanbaolou, who was also Jin Xiangrui's superior, strictly ordered the branches in various places to do so in one sentence: business is business, and they must never join forces with cultivation sects to exploit the lower-level cultivators.
The acquisition price offered by Wanbaolou is definitely a fair price for ordinary cultivators.
The prices of these two types of pills were quickly driven up to 40 for the Spirit Explosion Pill and 500 million for the Spirit Breakthrough Pill.
At this price, the pill had eliminated the possibility of purchase for most ordinary cultivators, so these sect cultivators stopped bidding.
Seeing that they weren't bidding anymore, Ye Liuyun finally felt relieved. Although she had been ripped off by Wanbaolou in these two transactions, she was sure she could earn more spirit stones if she traded these two types of pills again. It was a trade-off.
By the way, this price actually exceeded Jin Xiangrui's estimated price. Their estimated price was around 30 for the Spirit Explosion Pill and around 300 million for the Spirit Breaking Pill.
The price they were seeing far exceeded their expectations. If they sold all the pills, they would not only recoup their bribes and acquisition costs, but also make a huge profit.
"Hehe, it seems the price has exceeded my expectations. It seems no one will raise the price anymore." Jin Xiangrui knew that the price of the first batch of pills had reached its limit when she saw that the guests in the VIP rooms were no longer bidding.
As for whether the price will be raised again in the future, that depends on whether the cultivators think the pill is worth the price. If they think it is not worth it, the market price of the pill will definitely decline.
"Guest number 2 has offered 40 for the Spirit-Breaking Pill and 500 million for the Spirit-Breaking Pill. Are there any higher bids?" Jin Xiangrui asked with a smile as she looked at the VIPs.
However, someone soon spoke up.
“Master Jin, I think that’s enough. After all, this is a new type of pill. This first batch of pills is like a trial for us cultivators. We don’t even know if it’s effective. Raising the price further would be unreasonable,” a VIP said.
Those who dare to speak up are usually from the four major sects. The one who spoke up and told Jin Xiangrui to stop while she was ahead was an elder from the Zilan Sect.
The others neither agreed nor disagreed. As the most powerful sects in the region, the four major sects had their own reasons for raising the price. They knew exactly where the price would be unaffordable for ordinary cultivators, and all they needed to do was ensure that ordinary cultivators couldn't afford it.
"Hehe, since that's the case, let's start the pricing countdown. If there are no further bids, the retail price of the Exploding Spirit Pill will be 4000 spirit stones each, and the retail price of the Breaking Spirit Pill will be 50 spirit stones each. Our Wanbaolou has acquired a total of 100 Breaking Spirit Pills and 500 Exploding Spirit Pills from that master, so I hope everyone will be prepared," Jin Xiangrui said with a smile.
When the quantity was announced, everyone frowned because the quantity was too small, and many sects might not be able to get their hands on it.
As soon as these words were spoken, the four major sects were the first to contact their disciples in the city, instructing them to quickly prepare spirit stones to purchase these pills in three days. They didn't have to buy them all, but at least a few to test their effects.
The countdown ended quickly, and no one raised the price, so the price was set. The first batch of pills was bought by the guests in VIP room number 2.
By the way, who is the guest in VIP room number two? It's quite interesting, actually. Yunming bought the pills, which means Ye Liuyun and his sect bought them.
If the Yunxia Sect finds out in the future that this pill was made by Ye Liuyun and is a cheap pill, what kind of expression will they have?
Because the Yunxia Sect had acquired a spirit stone mine last time, they were definitely more wealthy than the other three sects, so they offered a more generous price.
As for the other three sects, it wasn't that they didn't want this first batch of pills, but after thinking it over, they realized that they had a natural advantage in Silent City. They were certain that they would get a share of the retail sales of Spirit Explosion Pills and Spirit Breaking Pills, so they didn't raise the price any further.
As for the six major sects, including Tianfu Sect, although they could still bid, they were well aware that they could not compete with the four major sects in the auction. If the price went up and they still hadn't won the bid, then buying it retail would be a waste of their own money.
After all, this retail price has already excluded most ordinary cultivators. In addition, although their power in Silent City may not be as great as that of the four major sects, their chances of competing for retail sales are much greater than those of rogue cultivators and those ordinary weak forces.
These powerful sects have tacitly joined forces to keep the vast majority of ordinary cultivators out of the purchase of pills, which is why the cultivators in the ordinary seats are sighing one after another.
If this elixir is truly so effective, it would be considered a sacred medicine by many cultivators. However, with the price so high, it's difficult for them to even buy it.
Of course, buying one or two pills is not a problem, but the key question is whether they can snatch the pills from those powerful forces. That is the real issue.
"Just wait, next time we do business, I'll make Wanbaolou give back some of the benefits they took from me, otherwise there's no point in discussing cooperation. How can they be so heartless?" Ye Liuyun sat down next to Lin Aoxue again.
"Don't worry, the prices are transparent now. If the market reacts well, the price may increase further. In the next transaction, we will sell at the price they set themselves. That way, they won't have anything to say. Of course, I believe that if they want to continue cooperating with you, they will definitely give you a profit margin. This transaction is actually just testing the waters," Lin Aoxue said.
Therefore, Ye Liuyun can simply wait for the next confrontation with Wanbaolou.
She lacked the ability to foresee the future, and coupled with her lack of understanding of Wanbaolou and the market situation, the initiative was definitely not in her own hands.
In any case, Ye Liuyun suffered a complete defeat in their first encounter, but he wasn't the kind of person who liked to suffer losses; he would learn from this kind of defeat once.
The auction was about to continue, with the fourth item coming up soon. However, until the item Ye Liuyun wanted was brought up, Ye Liuyun was basically just watching the show. In fact, not participating in the auction was quite boring.
after an hour……
"Item number 12: Refining Techniques, Heavenly Creation Chapter 1, starting price 1.3 million spirit stones, each bid must be at least 30,000 spirit stones. This technique can refine low-grade spirit weapons. Interested customers can take a look."
Ye Liuyun's desired item has finally arrived. This item is definitely in high demand, but not all sects need it. Some sects have their own weapon-refining methods, while others do not need to rely on weapon refining to earn profits. Therefore, only sects that do not have weapon refiners or alchemists will be interested in this item.
"Ah! What I wanted has finally arrived." Ye Liuyun perked up from his lazy state, picked up the controller, and pressed a number.
She was the first to make a bid.
She offered 133 million spirit stones as a token bid to see how many would try to compete with her, since Ye Liuyun was determined to get this item.
She doesn't need advanced weapon crafting skills right now. She can slowly hone those skills later and focus on getting the basics down in all her secondary professions first.
"VIP No. 98 bid 133 million spirit stones."
"VIP No. 52 bid 136 million spirit stones."
"Guest number 326 in seat number 326 on the second floor has bid 139 million spirit stones."
……
You definitely can't get this thing for the lowest price, and there are quite a few people vying for it. To be honest, if you can successfully cultivate and become a weapon refiner after buying this item, you can earn back more than a million spirit stones in no time.
However, it's very difficult to become a weapon refiner; it's not that simple.
Ye Liuyun made an opening statement; she now wanted to see what price this thing would ultimately fetch before making a bid.
This item actually has a fixed price, so Jin Xiangrui didn't say much. Once it reaches a certain price, it will naturally stop. In addition, many of Wanbaolou's products are actually sold by customers on behalf of others. Wanbaolou just earns a commission. Wanbaolou wouldn't deliberately entice customers to raise the price for such products.
However, the pills that Ye Liuyun had just purchased were different. Since they were directly acquired, there was no need to share the profits with Ye Liuyun. Naturally, Wanbaolou would raise the price significantly.
"VIP number 52 has bid 160 million spirit stones. Are there any other bidders?"
In the end, only two customers competed for the first chapter of the Heavenly Creation, and after the price reached 160 million spirit stones, the other customer also gave up.
"Ah! It seems I've got the item. That's great! I unexpectedly obtained the middle part of the Heavenly Creation Manual before, and now I've got the second part. Tsk tsk, if the two parts are combined, the value will skyrocket. In any case, I must get this first part." VIP No. 52 said excitedly.
This VIP number 52 is an elder of the Crimson Flame Sect, at the second level of the Dao Palace realm.
The Heavenly Craftsmanship Refining Method is actually a widely circulated refining method in the weapon refining world, and many weapon refiners started with Heavenly Craftsmanship Refining.
However, virtually no weapon refiner can obtain a complete Heavenly Craftsmanship artifact, which is divided into four chapters: the initial chapter, the middle chapter, the later chapter, and the essential chapter.
The middle section can be used to create Xuan-level magic weapons, and can be used without other chapters. However, if you have the previous chapter as a foundation, you will achieve twice the result with half the effort when learning the middle section.
Most importantly, it is rumored that if one can collect all the Heavenly Creations, one will gain a great opportunity. But strangely, even if someone can collect the first, middle and last chapters, they cannot find the essential chapter. In other words, so far, no one has collected all the Heavenly Creations.
This is just a legend in the world of weapon crafting. Moreover, let alone collecting all of them, a weapon crafter who can collect three chapters can at least reach the level of an Earth-rank weapon crafter.
"163 million spirit stones." Seeing that no one else was bidding, Ye Liuyun made another bid.
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