Chapter 3719


    Charlie''s words caused Warnia''s heart to surge instantly.


    She had always wanted to make the business of collectibles trading and auction bigger and stronger, but had never found a suitable


    breakthrough point.


    It was precisely because she attached great importance to this business that she had immediately befriended Charlie.


    After seeing with her own eyes that he could restore her family''s antiques with the lost relic restoration technology at her store Antique Hall.


    She originally hoped to recruit him to Antique Hall to work for the Song family.


    But how could she have expected that Charlie, who was just a superfluous son-inw at first, was actually the young master of the Wade


    family from the capital, and his strength was extremely powerful.


    Therefore, her wish to revitalize Antique Hall through Charlie has long since fizzled out.


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    Since then, Antique Hall has not been able to find a better opportunity for development.


    The industry of collectibles, although it seems to be too far away from ordinary people, and rarely hear any big action,


    But this industry is an upromisingly profitable industry, and the market size is huge.


    For a big auction house, auction turnovers may be in the tens of billions of dors, if there is a super explosive item, the amount of sales is


    even higher .


    Sometimes, just with the auction of a painting, the auction house can bring hundreds of millions of dors in turnover.


    The auction is also very profitable, and its profitability is broadly divided into self employment ormission .


    Self-employment is the traditional antique market model of buying low and selling high .


    Commissions are the main revenue channel of auctions.


    Generally speaking, auction houses chargemissions ranging from 5% to 15% on lots, and the more prestigious the auction house, the


    higher the percentage ofmission .


    Under normal circumstances, if a famous painting is sold for $100 million, the auction house can get $15 million just for themission.


    This tranted into RMB, almost 100 million.


    Therefore, therger the auction house, the more geometrically enhanced the ability to make money.


    In an auction of tens of billions of dors, just the brokeragemission will have more than a billion cash ie.


    Such auctions held twice a year, billions of profit wille to hand.


    Moreover, once the auction bes bigger and stronger, it can bring more profits than justmission, but the overall improvement of the


    whole industry chain.


    Generally speaking, under a big auction house, there will also be multiple collectibles stores, because the auction house is famous enough,


    so they have these stores, and the customer traffic is also veryrge.


    Such collectibles stores will not only operate and sell ordinary collectibles but also provide fee-based appraisal services and paid in-store


    consignment sales to individual sellers as well as collectors.


    Many collectibles that are not qualified for auctions, but have some value, are sold privately in these stores.


    Since the store is open all year round, the turnover umted in a year is also sky- high, in which themission profit is not lower than


    that of auctions in any way.