Summit Farmer
Chapter 504 - 503: Lingcao is Expensive

Chapter 504: Chapter 503: Lingcao is Expensive

As expected of a great host, Yu Jing managed to create a lively atmosphere during the auction.

When Peter looked at Yu Jing, he noticed a small fish mark between her eyebrows that made her quite attractive.

At that moment, Daniel said, "Yu Jing is a famous auctioneer. Although her cultivation level isn’t high, she is really popular. She’s actually a mermaid who had transformed."

So, she’s a mermaid!

Peter looked more closely, and sure enough, the girl’s beauty was unparalleled, far better than any other beauty he had seen.

Soon, the auction began.

Two beautiful women pushed out a small cart with a long sword displayed on top.

"Ladies and gentlemen, our first item for auction is indeed a sword capable of flying in the sky. This sword was dropped by a cultivator during a battle at sea and was acquired by the Sea Clan. It has been collected by a family for hundreds of years. Once refined, it can be used by those who have reached Qi-refining level 10. The starting bid is 1,000 Sea Currency, with a minimum increment of 100."

As soon as she finished speaking, many people started bidding, quickly pushing the price of the sword up to 3,000 Sea Currency.

Peter took a look and didn’t have much interest in the sword. He could tell that the refining process wasn’t outstanding, and it didn’t catch his eye.

Peter turned to Daniel and asked, "Daniel, what is the purchasing power of the Sea Currency here?"

Knowing that Peter had come from the mainland, Daniel thought for a moment and asked, "What would the price of this sword be on your land?"

Peter replied, "It’s hard to say. For wealthy mortals, this sword could be worth tens of millions of Hua currency. However, for cultivators, it’s not considered a great item, so it’s difficult to estimate its value."

Daniel laughed, "My question wasn’t very clear. Let’s take the example of lodging prices at our store. How much would one night’s stay at a similar inn cost on the mainland?"

Peter had just inquired about such prices and said, "It should be about 60 Hua currency."

"Well, in that case, the value of our currency shouldn’t be much different. One Sea Coin is roughly equivalent to your Hua currency."

Upon hearing this, Peter finally understood the exchange rate between the two currencies. Looking back at the sword, he commented, "As expected, this is a place for cultivators, so they don’t lack swords. It seems this sword isn’t worth much."

Daniel smiled, "There are numerous mineral resources in the sea, so forging swords isn’t difficult. I suppose the sword’s value lies in its origin from the mainland."

While they spoke, the sword was auctioned off as a collectible by a Sea Clan member.

Subsequently, various sea items were auctioned off. Peter didn’t see any use for them, so he asked Daniel, "I’m in the dark about the usefulness of these items from the sea."

Daniel smiled, "While the Sea Clan’s artifact refining process is the same as the Human Clan’s, the Sea Clan predominantly uses resources from the sea. It’s understandable you’re not familiar with them since you just arrived. When something related is auctioned later, you can observe and compare to gain more knowledge."

After several more items were sold, another cart was pushed out, carrying a transparent crystal bottle containing a Lingcao.

Upon seeing it, Peter recognized it as his own Black Lotus Herb.

Seeing it, Daniel whispered to Peter, "Your item is up for auction now. Lingcao from the mainland is very valuable here because when fused with local Lingcao and refined into elixirs, their potency will multiply."

As expected, the atmosphere on the scene heated up.

Yu Jing smiled and said, "Everyone should have figured it out by now. Yes, this is the rare Black Lotus Herb from the mainland. Black Lotus Herb is the crucial Lingcao for cultivating Vine Arts, and the Sea Clan specializes in Vine Arts. Many powerful vines can be found in the deep sea. If this Black Lotus Herb is added to elixirs for Vine Art cultivators, I believe everyone knows the outcome. We have already appraised this Lingcao, and its quality is excellent, even better than average Lingcao. The auction starts at 10,000 Sea Currency with a 1,000 Sea Currency minimum increment."

As soon as she finished speaking, the price skyrocketed,

"50,000 Sea Currency!"

A voice called out.

Peter was stunned as well; he didn’t expect the price of the Lingcao to jump so high, making it quite valuable.

Daniel smiled and said, "Look. This Lingcao is very valuable, and this is just the beginning."

As he spoke, the bidding price for the Black Lotus Herb hit 200,000 Sea Currency.

At this point, Peter started to understand that Lingcao is indeed more expensive in the sea than on the mainland due to the abundance of resources here.

With the 200,000 Sea Currency, Peter could live comfortably here for some time.

As Peter was contemplating, the auction price reached 400,000 and ultimately sold for 480,000 Sea Currency.

"Congratulations, Peter!"

Daniel was visibly delighted. Even after paying the 10% auction fee, the profit was still over 400,000. As the one who referred Peter, Daniel could also earn tens of thousands of Sea Coins.

Before long, someone came to their room and, after various deductions and payments, Peter was left with 420,000 Sea Currency.

Upon collecting the 420,000 Sea Currency from the storage bag, Peter felt much more confident.

Daniel was pleased and laughed, "Property here isn’t expensive. You can get a courtyard home for 100,000 Sea Currency. Do you want me to help you arrange it?"

Peter replied, "I’ll have to trouble you with that, shopkeeper Daniel."

"Ha-ha, don’t worry. I’m familiar with this sort of thing."

While they chatted, several more items were auctioned off. The prices varied, with some high and some low, all up to how much people were willing to pay.

Since Peter didn’t know much about these items, all he could do was watch the auction unfold.

It was then that a jade slip was brought out.