Are jade prices all hype? Only by understanding these 7 points can you rediscover the value of jadeite

“Gold has a price, but jade is priceless.” Some people, when faced with some high-quality jadeite, or even when they see some high-end jadeite at auctions often sold for millions or even tens of millions, will think that it is the result of industry hype and that the jadeite is not worth the price and is overpriced.

Are the prices of jadeite too high? We cannot rule out the effect of merchants' publicity, but we still have to look at it dialectically from other aspects. Why is the price of jade so high? The key lies in these 7 points:

1. Single origin

The world is so big and there are so many gem mineral resources, but there are only a few countries that can produce jade. The main jade producing countries are Myanmar, Guatemala, the United States, Japan, and Kazakhstan. But the only origin of gem-grade jadeite is Myanmar, and only jadeite produced in Myanmar is highly recognized, without a doubt.

Myanmar is also the world's largest jade producing area, and 95% of the world's top jade comes from Myanmar. However, since jade resources are non-renewable, in recent years, some old mines in Myanmar have been close to exhaustion, and new mines have rarely appeared. Scarcity makes things valuable. The single production area and non-renewable resources mean that jade resources will become less and less, and the value will naturally be higher.

2. High mining cost

The cost of mining jade is quite high. First of all, if you want to mine, you must purchase mining rights from the mining area, and then you need to invest a lot of manpower and machines to mine. Jade mining is quite difficult, and most of the mining is done manually. This technology is relatively backward, the mining cost is high, and the mining area is dangerous. Mining accidents sometimes occur, which also makes jade mining difficult. That’s why some people say that jade mining is a bloody road.

Moreover, in recent years, major mining areas in Myanmar have begun to restrict mining, and many mines have been closed directly, resulting in increasingly fierce competition among jewelry companies mining jade. Mining costs are also becoming increasingly high.

3. Myanmar begins to regulate

Due to excessive mining, Myanmar is filled with large and small mines, and the area is devastated. The ecological environment has been damaged. The government has to regulate the mining areas, making jade mining difficult.

4. Market supply and demand imbalance

Jade resources are becoming increasingly scarce, the cost of mining is getting higher and higher, and the output is naturally getting less and less, not to mention the output of high-quality jade. However, as people's living standards gradually improve, more and more people are buying jade, and the market begins to experience a supply-demand imbalance, so the price of jade will naturally increase.

5. Superior material

People like jade because of its superior natural material beauty. Jade is crystal clear, warm and lustrous, especially ice and glass jade. The natural texture is so natural that people can't put it down. When paired with rich and colorful colors, the beauty of jade is self-evident.

Moreover, jade has a high hardness and is not easy to wear. It has stable properties and can be preserved for a long time, making it a high-quality investment and collectible.

6. Rich cultural connotations

Although jadeite became popular in the Qing Dynasty and its history in my country is not as long as other jades, after more than 200 years of development, people have endowed jadeite with a variety of cultural connotations. Jadeite has been perfectly integrated with my country's jade culture and has long been recognized.

7. Large room for appreciation

In troubled times, gold is hidden; in prosperous times, jade is hidden. Friends who are familiar with the jade industry know that in recent years, the price of jade has almost skyrocketed, and people call jade "crazy stone."

High-quality jade has always been a hot commodity in the jade market, such as ice-type and glass-type jade. Higher-quality jade, such as imperial green, is definitely the "king" in the jade world and the biggest object of collection and investment. Of course, in recent years, jadeite with high quality colors such as violet jadeite, spring-colored jadeite and yellow and green jadeite have also begun to be sought after by people, and its value has skyrocketed.

There are many factors that determine the value of jadeite, and everyone must have a comprehensive understanding and look at them dialectically.

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