Is jadeite raw stone expensive? Will it appreciate in value?

Is jadeite raw stone expensive? Of course it’s expensive. Judging from today's public auctions, not only are high-quality goods scarce, but the reserve prices are so high that they make people amazed. In the domestic material market, there is still a huge crowd of people just to find a piece of good material. The reason for this hot situation, after all, is nothing more than “supply exceeds demand, and scarcity makes things valuable.”

However, many people who gamble on jade have a confusion. After they see the material they are interested in and ask about the price, they can't help but sigh at the high price. They feel that it is far beyond their psychological price range and believe that it is the result of speculation by merchants. Isn’t jadeite raw stone just a piece of stone? Why sell it so expensively? Can’t you sell it cheaper? But the reality is that merchants also want to sell jadeite raw stones to you cheaply, but they can’t! In fact, if you want to buy real jadeite raw stone, never believe that the seller will sell it at an ultra-low price. The price of real jadeite raw stone is not cheap. If some merchants sell it at a low price, then the jadeite raw stone purchased by the buyer is very likely not of good quality. At first, the buyer will think that he has picked up a great bargain, but when he actually verifies the jadeite raw stone, he will realize that the buyer has really gotten a good deal. In short, in one sentence: If you don’t try to gain small profits, you won’t suffer big losses.

What makes jadeite raw stone so valuable?

1. Uniqueness of Origin

Jade can be said to be "green only after all the mountains have been dug out". Today, the development of mining technology and the use of a large number of large vehicles and mechanical equipment have greatly accelerated the mining speed in mining areas, but at the same time have also accelerated the speed of depletion. After years of mining, some mining sites have long lost their original appearance. The entire mining area has been dug from mountains to flat land, and from flat land to pits. All that is left here is "empty mountains, sunken land, and yellow sand, a devastated emerald village." The most special and fascinating thing about jade is its color, especially green, which is full of vitality, hope and vigor. However, such green is almost impossible to see in the hometown of jade. At first glance, there was only dust and desolation everywhere. Moreover, due to years of mining, new mines have rarely appeared in Myanmar's production areas, and the resources of old mines that produce high-end jadeite raw stones are almost exhausted, such as the Mogok mine.

2. High mining costs

There are two main aspects to the cost of jade mining. One is the need to purchase mining rights from the Myanmar government, and the other is the labor and machinery costs during mining. In recent years, with the policy restrictions of the Myanmar government, many mining sites have been closed and many mining companies have withdrawn from the mining areas. In addition, the increase in machinery and labor costs has led to an increase in mining costs. The output of jadeite raw stones is getting lower and lower, while the mining costs are getting higher and higher. Therefore, the price of jadeite raw stones will only increase and cannot be reduced.

3. Jade itself is of high value

The value of jade is relatively high, especially jadeite rough stone. Why is the price of jadeite rough stone so high? That's because finished jadeite can be counterfeited artificially, which is the so-called BC jadeite that is prevalent in the market and is of high quality and low price. The real jadeite raw stone has not undergone any processing, so the authenticity of the jadeite raw stone is not as difficult to distinguish as the finished jadeite. There is a saying in the jadeite industry: Stones don’t lie, only people lie.

4. Large market demand

The large market demand is particularly evident in high-end jadeite. In the domestic market, as long as it is high-end jadeite and the price is reasonable, it can often be sold quickly. Even when the jadeite market is down, high-end jadeite still has no shortage of buyers. The sky-high prices of raw stones sold at the Myanmar public auction fully illustrate this point.

5. Jade Cultural Background

The development of any kind of jewelry and jade is inseparable from the existence of cultural background. China is a country with a history of jade culture. There is an ancient saying that "a gentleman compares his virtue to jade". Nowadays, wearing jade is also a manifestation of elegance. Jade culture has evolved into jadeite culture, becoming the highest level of jade development. Wearing jadeite and collecting jadeite is also a unique manifestation of Chinese culture around the world.

6. Jade’s own advantages

Jade naturally has beautiful colors and looks great when worn; it is hard and not easy to wear; it has a transparent texture and is very practical; it has stable properties and can be preserved for a long time, so jade is a good choice whether it is for wearing or for collection.

7. The particularity of jadeite

Jade is different from many colored gemstones. Gemstones can only belong to the field of jewelry, but jade is different. Although jadeite belongs to the field of jade, it can span the field of jewelry. It can be made into traditional jewelry to be worn, made into ring eggs like gemstones, and can also be used for inlay. No matter what the subject matter is, as long as the craftsmanship is exquisite, the artistic value is very high. Jadeite can span the two fields of jewelry and jade, which is something other jewelry and jade do not have.

8. Investment and collection value

In physical-based investment products, scarcity is the meaning of collection, just like gold and silver. In the era of the gold standard, scarce mineral resources and even works of art were deeply recognized for their value. For example, why don’t walnut bracelets have the value of being a collection of works of art? Precisely because of its ability to regenerate, even if it has investment value, it is an artificially created investment bubble. Once the bubble bursts, everything will be worthless. In recent years, at some domestic jewelry and jade auctions, the prices of high-end jadeite have repeatedly hit new highs. Its rapid appreciation is difficult to match by other art investments such as antiques, stamps, and calligraphy and paintings.

After seeing these factors that directly or indirectly affect the price of jadeite raw stones, many people should understand, right? It’s not that the merchants don’t want to sell the jadeite raw stones to you cheaply, but the value of the jadeite raw stones themselves is so high that they really can’t sell them to you cheaply! There is no doubt that every piece of jadeite raw stone is unique! It cannot be replicated or reproduced, and it goes without saying whether it is expensive or not. If you are lucky enough to cut good material, please cherish it!

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