Chereads / My earning sect system / Chapter 24 - The Auction

Chapter 24 - The Auction

After the conclusion of the pill competition, the member returned to the sect a day later. Thanks to Min Mung's exceptional ability, the sect always had a sufficient pill count. With the addition of more members, they now have eleven certified pill makers. The new level pill makers are now responsible for producing basic pills such as Qi accumulating pills, food pills, and injury recovery pills. On the other hand, Min Mung continues to make pills like detox pills and healing pills.

Min Mung and the others decided to visit the auction house in order to gain some benefits for themselves and the sect. Therefore, they headed towards their destination, a level seven country called Liayuo, where the auction is scheduled to take place in its capital city.

Li Tian, Min Mung, Zi Jiang, Wao Wei, and Ling Ji Tian, along with a small team of workers, form the expedition heading to the auction this time. Throughout their journey, they encounter a multitude of breathtaking landscapes. From vibrant green forests to majestic mountains, the team is continuously captivated by the sheer beauty that envelops them. As they navigate through winding paths and cross swift rivers, a profound sense of awe fills their hearts, marveling at the wonders of the world that surrounds them.

There were many other sects and prominent families present at the capital for the auction. The GMS sect had an impressive group of cultivators, including three grand masters, a master, and an apprentice. Along with their strong presence, the GMS sect planned to auction off various items, such as detox and healing pills. They offered around ten pills each for the auction.

Several items will be available in the auction, which may cause a delay, resulting in the event being held on the following day. Therefore, Min Mung and others met with the head of the auction and submitted the pill for auction. They received a token as a reference point, and after deducting fifteen percent from the selling price, the remaining amount will be given to them.

The following day, all members gathered in the event hall of the auction house and were assigned rooms for their stay during the auction. The auction commenced with the first item being a mid-grade sword, starting at a price of 10k silver coins and increasing by 1k value each time. After several bids, the sword was eventually purchased by the Blissful Path Sect, a level six sect. The second item up for auction was a thousand grams of cold iron and bauxite ore, ideal materials for crafting swords for ice users.

Ling Ji Tian instructed Li Tian to purchase this particular item in order for the main core to have a high-quality sword, while the casting team could practice using bauxite. He also mentioned that this ore might contain approximately 150 to 200 grams of cold iron, which is crucial for ice users to gain an advantage. The initial price of the item was set at 60,000 for a thousand grams. However, Li Tian decided to increase the price to 65,000. Suddenly, a voice from another room emerged, stating that the Arctic Veil Sect was interested in buying it and raised the price to 70,000. After considering the situation, Li Tian further raised the price to 80,000, as both sects continued to raise the bidding. Eventually, the price reached 120,000 and the item was purchased by the GMS sect.

The third item, a suit of armor, had a defense count of around thirty, making it a valuable piece of protection. Priced at 140,000 per piece, it was eventually purchased by the Gaia Sanctuary Sect after several rounds of bidding between three different sects. The fourth item was a mysterious map discovered by an expert from the auction team. Since its use was unknown, its price was set low at 5,000 and it was bought by the GMS sect for the same price.

The fifth item is a martial arts book called Phoenix Palm, requiring a fire martial artist to utilize it. It was priced at 10 million and purchased by the Scorching Phoenix Sect, claiming it was related to their lost ancestor. A fierce battle for the book ensued with the Ember forge Sect and Ignition Clan family, eventually leading to its acquisition for 15 million.

The enigmatic tower, the sixth item up for auction, exudes an air of mystery. When it was brought to the auction block, Li Tian received a notification from the System indicating its connection to dark fire, which could benefit Mao Min. Recognizing its significance, Li Tian urged others to acquire it at any cost. This resulted in the bidding starting at 500,000 and increasing by 50,000 in each subsequent round. Various sects, such as the Golden Horizon Sect and Radiant Dawn Sect, fiercely competed for ownership of the tower. After a series of intense bidding rounds, the GMS emerged victorious, ultimately securing the tower for a staggering 1,200,000.

The detox pill and healing pill, which were the seventh and eighth items respectively, were priced at 100,000 per piece. Various families and sects, upon discovering their effectiveness, fiercely competed for these pills in each round. The price of the pills increased several times, ranging from 130,000 to 200,000 resulting in a total revenue of approximately 6 million from the sale of twenty pills. The esteemed buyers included the Shadow Fang Clan, Moon Shadow Clan, Thunder Heart Clan, Oak Thorn Clan, Silver Moon Sect, Ironwood Sect, Golden Sun Sect, Arctic Veil Sect, and Radiant Dawn Sect, all of whom purchased both the detox and healing pills.

The last item acquired was hard tauxite ore, a type of ore that is notoriously challenging to manipulate. However, once refined and shaped, it proves to be an exceptional material for building construction. GMS bought all of the hard tauxite ore, filling a designated storage area and spending around 4 million for a million tons.