When Su Xing saw Shen Bai's message, he couldn't help but feel moved.

Since attending the last auction, she has also learned about the submission procedures of some major auction companies.

Although the processes of different companies vary in details, the general process is similar.

First of all, after choosing an auction company, you need to submit the collection information to the auction company, including pictures, sizes, ages, materials, sources, etc. of the items.

After receiving the information, the auction company will conduct a preliminary evaluation and review of the collection.

After receiving the preliminary review feedback, the submitter must send the physical collection to the auction company, which will have their expert team conduct a comprehensive identification and assessment of the collection's authenticity, quality, and value to determine whether it meets the auction standards.

If the collection passes the review, the auction company will negotiate with the consignor on the relevant terms of the auction, such as the starting price, commission ratio, auction time, etc. The consignor should read the contract terms carefully to ensure that his or her rights and interests are protected.

After the two parties reach an agreement, they sign a formal auction commission contract to clarify the rights and obligations of both parties.

After signing the contract and completing the delivery procedures, the auction company will register, number and keep the collection.

About a week before the auction, the collection will be previewed for three to seven days.

This whole process usually takes 1-3 months, and some auction companies even take about half a year.

Su Xing felt that Rongbao’s autumn auction would be held next month, which seemed a bit rushed.

Is it okay to not wake up: "Is it still in time to send it in? Is time a bit tight?"

Mr. Shen, who collects antiques, said: "Their preview period this time is from November 11th to 25th, and the auction will be on the 28th and 29th. It's almost a month, which is enough."

Mr. Shen, who collects antiques, said, "I can say hello to them and fast-forward the time for the evaluation and appraisal of your painting."

Is it okay not to wake up: "Ah? Is this too much trouble for you?"

Mr. Shen, who collects antiques, said: "I'm quite familiar with that place. It's not a big deal. It's just a small matter."

Su Xing was no longer polite.

Is it okay not to wake up? "Okay, thank you, Boss Shen."

Can you not wake up? "I'll treat you to a meal some other time when I have time."

Mr. Shen, who collects antiques, said, "Okay."

……

Shen Bai is really efficient in his work.

The next day is Friday.

After Su Xing finished his morning class, he received a call from Shen Bai at noon.

"Hello? Good afternoon, Mr. Shen."

"Good afternoon, Miss Su."

After the two parties exchanged a few simple greetings, Shen Bai brought the topic to the point, "Miss Su, can you spare some time this afternoon?"

"Sure." Su Xing said, "I don't have classes this afternoon."

"Well, prepare the ancient painting and its basic information. We will go to Rongbao later."

Rongbao Auction House’s headquarters is located in Beijing, near Liulichang West Street in Xicheng District.

When Su Xing heard this, it seemed to him that this meant that the preliminary review stage would be skipped and the physical identification and evaluation would be carried out directly?

She responded, "Okay, I'll get ready now and be there right away."

Shen Bai added: "I'm in Haidian now, not too far from your school. I'll wait for you at the gate of Peking University in 40 minutes, okay?"

"Ah?" Su Xing was a little embarrassed, "Thank you for picking me up, Mr. Shen..."

Shen Bai chuckled, "It's okay, just on the way."

"Okay, see you later."

"See you later."

After the two hung up the phone, Su Xing changed into decent clothes, said hello to his roommates, put on his small bag and went out.

Zhang Caifeng looked at the closed door and couldn't help but sigh, "Su Xing is so busy..."

Gao Yang was playing games, his fingers typing away on the keyboard, and he raised his head and said, "She's just a pervert. No normal person can have such vigorous energy as her."

Pei Shiqi was not in the dormitory. She went out of school to have lunch with her close junior classmate.

Tomorrow night, her boyfriend is going to invite several girls from Dormitory 306 to dinner together.

……

Su Xing went to the laboratory first.

The antiques and antique crafts she has are all stored in the laboratory.

It is spacious, safe, and convenient for her to work, and is more suitable than the dormitory or He Xu's apartment.

Every item she repairs, whether it is an authentic item or an antique artifact, will be photographed and filed before restoration.

The painting of Dai Jin that she had just finished revising naturally also had detailed archival material.

Su Xing arrived at the laboratory, printed out another copy of the photos and archival materials, put them in a file bag, and put them in his backpack.

Afterwards, he took the repaired landscape painting and carefully put it away and wrapped it up.

When she was almost ready, Shen Bai's message came.

Mr. Shen, who collects antiques, said: "I'm at the gate of Peking University."

Can you not wake up? "Wait a minute, I'll be there soon."

Su Xing took his things, left the laboratory, and walked towards the school gate.

"here."

Shen Bai lowered the car window and called out to Su Xing.

Su Xing walked over quickly and got into the car.

"Have you brought everything?" Shen Bai asked her with a smile.

"Yeah." Su Xing nodded and replied with a smile: "I brought them all."

"Then let's go there."

"it is good."

Shen Bai saw Su Xing fastened his seat belt and started the car.

Jingda is about twenty-three or twenty-four kilometers away from Rongbao Auction Company. After about fifty minutes, the two arrived at the place.

There is a person in charge at Rongbao who is familiar with Shen Bai, and he is waiting for them with a professional team.

The young manager's surname is Xin.

Shen Bai introduced Su Xing and the other party to each other.

"Hello, Mr. Xin."

"Hello Miss Su, it's an honor for you to choose our auction house."

The two sides shook hands and greeted each other in a friendly manner.

After a brief greeting, they quickly formally entered into the evaluation and appraisal process.

Normally, for collections submitted for auction, the initial review of the information will take three to five days, and the physical identification will take about a week.

Su Xing's painting not only saves the step of preliminary review of the materials, but also allows for quick physical identification.

Several experts quickly identified the authenticity and evaluated Su Xing's restoration level. They finally concluded that this landscape painting by Dai Jin was authentic and had been properly restored, meeting the auction standards.

In this way, the collection has passed the review.

The next step is for the auction company to negotiate with the consignor on matters such as the starting price and commission ratio.

The value of Dai Jin's authentic works ranges widely, from hundreds of thousands to tens of millions.

The starting price of the landscape painting brought by Su Xing was finally set at 800,000 based on discussions on many aspects including the style, size, preservation integrity, and restoration level of the work.

The commission rate is 10%, plus 3% tax.

Antiques belong to the category of artworks and generally follow international practices. The commission rate that auction houses charge to clients and buyers is usually around 10%-15%. Some international auction houses may even charge a commission of 25%.

The reason why Su Xing was able to get a 10% commission rate was somewhat due to Shen Bai's favor.

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