I'm back in 1990

Chapter 134: Farewell, Stamp Market!

This time, Huang Xiaochuan planned to sell some of his 80 Monkey stamps. When he arrived at Lu Gong's place with his stamp album, the entrance was already crowded with people. As the trading inside the market became more and more popular, more and more people flocked to the stamp market. The stamp market management had no choice but to adopt a rule that tickets were required for entry, and only a limited number of tickets were sold each day until they were sold out.

However, Huang Xiaochuan had already prepared a solution. He bought a season pass, which meant he bought a ticket for the entire quarter, so he could freely enter the stamp market anytime, anywhere.

However, some people have circumvented this rule and conducted their business outside the market. People are trading stamps everywhere on the streets near Lu Gong on Jumen Road, although the trading volume is not as large as in the stamp market. However, this is enough to provide a way for some people who want to join this game to buy and sell.

Huang Xiaochuan managed to dodge the scalpers guarding the entrance and finally got into the stamp market. He was sweating profusely from squeezing through those few steps. With the annual plum rain season fast approaching, Huang Xiaochuan needed to sell his stamps as soon as possible. After all, he wasn't very professional at storing them, and it wouldn't be worth it if they got damp and moldy.

Another reason is that with the decline of the stamp market boom, the 80 Year of the Monkey stamps were affected and experienced a price plunge, just like the stock market. When the market crashes, stocks like Moutai also fall, and the drop is huge, all because the unit price was too high.

Huang Xiaochuan remembers that it seemed to drop by about a third all at once, but it didn't last long, less than six months. After that, the 80 Monkey stamps started to rise steadily, and there was another acceleration in 1997. After that, the 80 Monkey stamps became a bellwether for the stamp market.

However, Huang Xiaochuan wouldn't consider holding it for that long. To put it bluntly, this thing is just printed matter. It only gets such treatment because it's backed by the country's credit. But in the near future, the State Post Bureau will ruin this market by printing hundreds of millions of stamps, causing the value of stamps to plummet.

The drop in price is not so bad; there's always a process of ups and downs. But the collapse of credibility means that people can't win back their trust. So since 1997, the stamp market has never seen a major boom. Moreover, with the development of communication, people basically no longer use stamps to send letters.

What's even more ridiculous is that when large customers send letters or gifts, the post office doesn't require them to affix stamps; they simply stamp the mail with "Postage Paid" instead. If that's the case, then what's the point of printing stamps? Are you kidding me?

But let's leave that aside for now and get back to the main point.

Today, Huang Xiaochuan brought ten editions of the 1980 Year of the Monkey. Based on today's market prices, these ten editions are worth over a million.

Perhaps it was Nan Hui's repeated invitations and her attitude that had an effect, because Huang Xiaochuan carried the stamp album directly to Nan Hui's shop.

With the stamp market booming, business at Nan Hui's shop was naturally good, with a constant stream of people coming to buy and sell stamps.

Nan Hui was always observant and attentive in her business dealings. Today, when she saw Huang Xiaochuan enter her shop on his own initiative, she was inexplicably delighted.

He immediately personally greeted Huang Xiaochuan.

"Isn't this Mr. Huang? Come, please come in and have a seat!"

Nan Hui invited Huang Xiaochuan into her small room. While making tea, she observed Huang Xiaochuan. In the past, Huang Xiaochuan had come to her shop empty-handed, but this time he brought a book of stamps. She guessed that he might be a 80s monkey.

The clever woman was right; Huang Xiaochuan's stamp album contained ten stamps of the 80s Monkey.

Nan Hui gently placed the teacup in front of Huang Xiaochuan and asked with a smile, "Mr. Huang, you are a rare guest! What brings you here today?"

Huang Xiaochuan didn't beat around the bush and said directly, "Boss lady, I brought ten '80 Monkey prints today, at today's market price, do you want them?"

Nan Hui almost blurted out, "Yes, of course I want it! I've finally waited for this!"

However, after calming down, Nan Hui smiled calmly and said, "Since Mr. Huang thinks highly of me and thinks of me first for this business, I won't haggle with you. I'll take it at today's market price, as you said."

Huang Xiaochuan handed the stamp album to Nan Hui: "According to the rules, you should check its condition first."

Nan Hui took it and carefully checked it page by page. There was no other reason than that the transaction amount exceeded one million, so she had to be careful.

After checking and confirming that everything was correct, Nan Hui said with a smile, "The stamps are in good condition, the gold dust is still there. This isn't a GG, it's a recommendation for the treasure book '1990 I'm Back'."

Mr. Huang, you've preserved it very well! May I ask how you will pay? Cash?

At the moment, Nan Hui's shop doesn't have that much cash. Recently, buying and selling every day has tied up a lot of her funds, so it's quite difficult for her to come up with 1.12 million yuan in cash all at once.

Just kidding, holding over a million yuan in cash is heavy and unsafe; Huang Xiaochuan definitely wouldn't want cash.

Nan Hui thought about it and realized it was indeed a good idea, so she immediately agreed.

The two went to a nearby bank, and the transaction went smoothly. Banks near the post office market were used to large transactions and were not surprised by this kind of transaction. Moreover, as long as it did not involve cash and was just a transfer from one account to another, such operations were more to the bank's liking.

It's no exaggeration to say that the banks with the largest cash reserves are those near the Post Office Market. The daily cash inflows and outflows are astonishing, starting at eight figures and occasionally reaching nine figures.

However, after the transaction was completed, Nan Hui did not let Huang Xiaochuan leave, saying that she had something to tell him and asked him to come back to the store with her.

After Huang Xiaochuan sat down, Nan Hui discussed with him, "Mr. Huang, I know you still have quite a few 80 monkeys. I'd like to buy them all. Of course, I won't shortchange you on the price."

Originally, Huang Xiaochuan planned to sell most of the sixty-odd sheets of 80 Monkey stamps in batches. However, he originally intended to sell these complete sheets of 80 Monkey stamps to different stamp dealers in six batches.

Therefore, Huang Xiaochuan did not immediately respond to Nan Hui's request, but instead considered the pros and cons.

After thinking for a long time, Huang Xiaochuan asked, "Boss lady, I saw it at the bank just now. You don't have that much money in your account. What are you going to use to buy the 80 monkeys from me?"

Nan Hui already had a plan: "Mr. Huang, you don't need to worry about that. As long as you agree to sell it to me, I guarantee I'll have the money to pay you. We'll still do it through bank transfer, but it would be best if we split it into several installments. Is that alright with you?"

Nan Hui's plan was to raise money as soon as possible to acquire all the 80 Monkey stamps from Huang Xiaochuan. The way to raise money was to sell off the other stamps she held first and get cash as soon as possible. As for the acquisition of other stamps, all other acquisitions would be temporarily suspended.

If I still don't have enough money, I'll mortgage my old house, the villa that was returned to me under the policy. Borrowing a few hundred thousand shouldn't be a problem. It's just a temporary measure anyway. Soon I'll sell all these 80s kids, and with my own money, I can finally enjoy financial freedom and a comfortable life.

In this way, Nan Hui essentially abandoned her principles and put herself in uncontrollable danger. Huang Xiaochuan was different from her because he understood the general trend and was able to control his desires, leaving himself room for maneuver in everything he did.

How can Nan Hui compare to Huang Xiaochuan? When doing this kind of speculative business, remember to take your profits when you can, otherwise you could lose so much that you won't even recognize your own mother.

However, the frenzied stamp market made money as worthless as paper. Nan Hui, who had never experienced such madness before, also lost herself and abandoned the bottom line she had once set for herself.

She used to speculate on treasury bonds, carrying cash around all day to buy treasury bonds at 70-80% of their face value elsewhere, and then carrying them all the way to the treasury bond trading counter in Shanghai to sell them, making a profit from the price difference. It was definitely hard work, and there was also a certain degree of danger involved.

But speculating on stamps doesn't require so much effort. Money keeps pouring into the stamp market, buying and selling, buying and selling again—making money is incredibly easy.

Once a person's greed takes hold, no matter how much they earn, they feel it's not enough. They wish they could earn all the money in the world at once. Nan Hui was possessed.

She quickly mortgaged her house to someone else, and the interest rate was much higher than that of the bank, reaching 15% per month, which was quite frightening. However, Nan Hui believed that the money would be worth more than that interest rate even if it just appreciated a little in the stamp market.

This gave her a short-term increase in working capital. With this money, along with the money from selling other stamps, she gradually acquired the batch of 80 monkey stamps from Huang Xiaochuan.

Huang Xiaochuan thus completed his plan, leaving the stamp market with seven million yuan and never returning.

But Nan Hui's suffering had only just begun.

Fall in love with reading, starting with Cola Novels.