If you only know how to invest in and collect jadeite but don’t know how to cash it out, isn’t it a waste of time?

Jade has great potential for value preservation and appreciation, so many people have turned their attention to investment and collection of jade, hoping to make a fortune through jade's appreciation potential. There are also people who have to sell their jade collections because they are in urgent need of funds. Investing in jade collection is not just about "investing" and "collecting", but also about knowing how to convert jade into cash.

There are about four ways to cash in on jadeite. Each method has its advantages and disadvantages. Let’s take a look at them one by one.

pawn

The method of pawning to cash out is relatively convenient and quick. Many jade lovers who are in a hurry to use the money will choose this method to cash out their jade. However, this method is very disadvantageous. Generally, the discount of the pawn shop is very high, and the transaction may even be far lower than the actual price of the jade itself. At this time, the jade is likely to fall in price. Therefore, if you do not urgently need funds, try not to pawn your belongings.

auction

Jade auction is a good choice for jade cash conversion. Generally, the jade participating in the auction is of high quality and is real good stuff, so the auction price is relatively high. However, jade auctions also have their disadvantages. The auction procedures are rather complicated, the duration is relatively long, and the handling fees charged by the auction house are relatively high. Moreover, the quality of auction houses varies greatly, so you should choose to cooperate with auction houses that have a strong customer base and a good reputation.

That is, let colleagues with sales ability help you sell, such as jade merchants, or let consignment agencies consign for you. Choosing this method to cash in on jade requires a lot of patience, and don't think about making too much money, because your jade may not be sold for a long time. The boss of the consignment or agency sales also has to protect his customers, and it is impossible for him to offend his customers just to let you make more money.

transfer

That is, use the resources you have in the jade industry to sell jade to some jade friends or jewelers. This process can improve your sales ability and save you a lot of troublesome steps. However, if you sell jade to jewelers, they may try to lower the price, which will test your sales skills and understanding of jade.

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