Be cautious when investing in gambling stones

Jade is formed under special geological conditions such as low temperature and high pressure. Jade ore is covered with a layer of weathered skin of uneven thickness. It is this outer layer that blocks people from seeing the color of the jade in the ore. According to investigations, there is still no instrument that can penetrate this layer of skin, so the trading method of "gambling on stones" has been used in the jadeite raw stone market for nearly a thousand years. Gambling on jade is when jewelers judge the quality of the jadeite inside based on the skin characteristics, texture direction and the "doors" opened on the jadeite raw stone. Since it is a "gamble", no one is sure of winning. If you want to see the quality of the stone, you can only know it after cutting it, so the outcome of gambling on stones is often unexpected. "A madman buys, a madman sells, and another madman is waiting" can be said to be a vivid portrayal of the true state of this industry. “If you love someone, let him gamble on jadeite. If you hate someone, let him gamble on jadeite as well.” Gambling on jadeite, a trading method that has existed in the jade industry since ancient times, can make those involved become rich instantly or lose everything immediately. In the past two years, with the soaring price of jade, jade collection has also increased significantly, and the trend of gambling on jade raw stones has spread from Myanmar and Yunnan to the mainland.

Jadeite raw stone is naturally covered with a layer of unevenly thick stone skin. As for how much jade is under the stone skin and what the quality of the jade is, these are unknown before the stone is cut. Maybe a raw stone weighing several tons contains only a thin layer of jade, and maybe a raw stone weighing several kilograms is full of green. "One cut makes you poor, one cut makes you rich, and one cut makes you wear linen" is a true portrayal of the gambling stone industry.

In the temples of Yangon, one can often see Chinese stone gamblers coming to burn incense. Before setting off, they hope to beg the gods to bless them with success in gambling on stones. Although the surface of jadeite raw stone is colored, spotted, yellow or black, these are some of the conditions for judging whether there is jade inside the stone. However, no appearance can explain the ever-changing structure inside the stone. A jade merchant in Hong Kong bought a piece of stone for 500,000 Hong Kong dollars. After cutting it, it was full of green, and its value suddenly increased to 100 million Hong Kong dollars. Another Hong Kong businessman spent more than 40 million Hong Kong dollars to gamble on a piece of stone. When he opened it, he found black impurities and silver emerald green inside, and there were too many pieces broken into pieces. It was completely a piece of waste with no value at all. Zhang Shuang saw with his own eyes a small businessman in Myanmar who specialized in purchasing garbage materials (waste materials identified as non-jade) to process into C-goods. He bought a piece of garbage material for 200 yuan and immediately cut it into two halves. After a Hong Kong businessman saw it, he immediately spent 800,000 yuan to buy one half. It is said that half of the stone is worth at least several million after being processed into finished products. Such stories happen every day in some areas of Myanmar and Yunnan where gambling on stones is popular.

Only gamble if there is a 5-fold profit. In order to reduce the risk, for gambling stones that are huge in size or too expensive, it is usually gambled by multiple people bidding and becoming shareholders. After cutting, if the price goes up, the profit will be distributed according to the investment. If the stock price drops, the loss will be shared according to the investment ratio. In the Yangmei area of ​​Yunnan, this kind of partnership gambling on stones is very common. Myanmar is currently in a state of military separatism. All the stones are under military control. In order to ensure profits, the Myanmar government has cut many stones into clear pieces. This kind of gambling nature is reduced a lot. Betting on known materials generally has a profit of 20% to 30%. Although the gambling nature has decreased a lot, in recent years, Myanmar has widely used mechanized operations in jade mining, draining the river water, blasting the entire vein with explosives, and excavating with large excavators. Since the deeper the buried jade is, the better the quality is, a large amount of high-quality jade will be produced through such mechanized operations. This is also a great time to collect raw stones or finished jade products.

Price and the authenticity of the stone must be considered. At present, Myanmar is in a state of warlord separatism. After the raw stones come out of the Myanmar mining areas and are transported to China, they must pay taxes when passing through the areas under the jurisdiction of each military unit. Then arrive at Wacheng, pass the customs and then go to Ruili. It had to change hands several more times before it reached Beijing. By this time, the price of the stone has usually increased several times.

There are many cases of counterfeiting in gambling on stones. It is currently understood that there are various forms of jadeite counterfeiting. The most common one is that the main stone is inferior jadeite raw material, and a thin layer of jadeite with good water content and color is glued to the cut. Another type is that the main stone is low-grade brick material, with a thin piece of green glass glued in the middle, and then a thin piece of jadeite glued on it. Some people will glue the jadeite back on after losing the bet, by mixing mud and sand glue of the same color as the skin on the surface of the jade raw material. Some people even drill holes near the surface of jade, put green substances into the holes, and then seal the holes so that people can see the green inside from the surface. No matter how good the counterfeiting is, it will be exposed when it encounters an expert. If you have no industry experience and want to gamble on stones, it is best to find an expert as an advisor. The most important thing is to understand the source of the stones.

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