A Chinese vase from the Ming dynasty is being auctioned.
The initial bid opens at half a million euros.
The auction is live and each interested party is clearly identified.
Bids are constantly increasing from 100 to 100 thousand Euros. (The fee of
exchange rate at the time of the auction was $1.43 for each euro).
In a few seconds, the bid reaches a million euros, and the cry of the
present crowd, demonstrates the frisson of the moment in the room.
The winner is the last bidder of one million, and the auctioneer
“I give you one, I give you two, sold to the gentleman sitting on the second
queue for a million euros. “
Now, watch the video.
The auctioneer is exuberant.
The pace is fast.
This is how an auction should be run.
Please note the emotion on the auctioneer’s face after the final bid.