"Brilliant Extreme Flowing Gold, starting bid: One million High-grade Spirit Stones. Each raise must be no less than ten thousand High-grade Spirit Stones."
The value of this Brilliant Extreme Flowing Gold was precisely why Five Immortals Hall had not set the starting price too high. They had absolute confidence in its worth.
If Brilliant Extreme Flowing Gold did not require at least two or three hundred years to advance into an Acquired Spirit Treasure, this piece would never have appeared at the Annual Auction Conference.
Besides amassing wealth, the most important function of Five Immortals Hall's Annual Auction Conference was to collect extremely scarce Heavenly Materials and Earthly Treasures for Five Immortals Hall.
Almost the instant the auctioneer's words fell, bids erupted like a mountain flood bursting loose. The corresponding numbers on the Auction Devices atop the auction platform flashed without pause, and the auctioneer could not even tell which guest was raising the bid.
But this situation was swiftly brought to an end, because one guest directly raised the price of the Brilliant Extreme Flowing Gold from just over one million High-grade Spirit Stones to three million High-grade Spirit Stones.
More than ninety percent of the bidders were eliminated by that bid in an instant.
There was a saying regarding financial resources: a family or sect might possess fixed assets worth Ten Million, or even forty or Fifty Million High-grade Spirit Stones.
Yet a family with fixed assets worth Ten Million might not even be able to immediately produce one hundred High-grade Spirit Stones in cash.
A family or sect with fixed assets worth forty or Fifty Million Spirit Stones might not even have five million High-grade Spirit Stones available for immediate use.
This was no joke. Such situations truly existed.
Though it did not apply to everyone, it