"As for the starting bid, truth be told, I am not sure how to set the price myself!"
"In October 2013, at 11 pm on the 7th of July in Beijing time, a volume of the Yongle Encyclopedia was auctioned off at an auction house in Paris, France. Starting at 5,000 euros, the bid rose like a rocket, reaching 5 million euros within minutes. The on-site buyers and telephone bidders fought fiercely, and the final hammer price was 6.4 million euros. Including the commission fees, the transacted amount was 8,128,000 euros, approximately 64.9 million RMB back then. The European Times reported that the bidding price had already exceeded the limit of the auction company's display screen, and the bidding price could not be shown. The astonishing 1,200-fold premium shocked the market and made the collectors further realize the value of the Chinese cultural treasures."
Upon hearing this, the female celebrities in the back row could not help but exclaim.
