Jewelry jade market interpretation crazy stone

In 2010, the art market staged a “crazy rock”, whether it was Hetian jade, which is called the national jade, or the “imported product” jade, or even Huang Longyu whose identity has yet to be verified. The price has skyrocketed. People speak.

"I can calculate the trajectory of the celestial body, but we cannot calculate human madness." This is Newton once said, and now, when "crazy" falls on the jewels, it is estimated that even Newton cannot count.

Emerald prices doubled

In 2008 and 2009 under the financial cold spell, the price of high-quality jadeite stones has gone up. In particular, since April 2010, the jadeite stone of high quality ice in the jadeite market has risen to more than 2 million yuan per kilogram from 1 million yuan per kilogram in 2009, while the jadeite stone of high quality glass species has risen to several million, even To one million kilograms, the price of the top grade glass jadeite stone is as high as tens of millions of yuan per kilogram.

The price of jewellery and jade is soaring behind the consumer. According to the statistics of the China Jewelry Industry Association, in 2010, the annual sales of jewelry in China exceeded 200 billion yuan***. With only one of them, Jadeite has an annual sales of about RMB 400 billion, which means “king of jade”.

In 2010, for Emerald, it can be regarded as a "milestone" year. Yangon, Myanmar has attracted investment hot money and a large number of jadeite merchants in China. The auction price of the two jade stone auctions hit a record 10 billion yuan. Yuan ***, investment hot money won the bid for the amount of jade stone, accounting for 80% to 90% of the total turnover.

It is understood that the amount of exploitation of jadeite in the jade-producing region of Myanmar in the past 20 years is equivalent to 10 times the sum of the extraction volume in 300 years. In more than 20 years, Myanmar may have no jade to be mined. As a result, ice species and glass species of jadeite resources have dried up and domestic investors have joined, making the market gap gradually enlarged. The interpretation of the "crazy stone" reality version is inevitable.

Some experts believe that there are two main reasons why the Jade Market presents its current situation: First, it comes from the buyer. Since ancient times, China has had the tradition of “disposing gold in times of trouble and collecting jade in the prosperous times”, and the entry of jadeite is easy, and true and false is relatively good. It can be almost 100% accurate. Other collections are more or less difficult to distinguish. The problem is that now the collection of jadeite people is getting bigger and bigger; on the other hand, it comes from sellers. One of the most important features of the jadeite market is that the source of raw materials is a single source. The world has only Myanmar. The shipment of Burmese jadeite is on an annual basis (Burma's management of jadeite resources is strict and can only be traded through the government's "public auction"). In fact, the soaring price of raw materials began in 2009, but it is reflected in the retail market that it takes a certain amount of time to conduct and generally lags 3 to 6 months.

Song Yunfeng, general manager of Beijing Runbaoxuan Jewelry Co., Ltd. believes that along with the increase in people’s spending power, coupled with the influence of traditional Chinese culture, apart from everyday wear, investment and value-added functions are increasingly prominent. In this way, jewelry also has the dual attributes of consumption and investment.

Emerald and white jade are entering at the time

Strictly speaking, the investment in jewellery and jade should be divided into two aspects. One is jade itself, also known as bare stone; the other is jewelery, which is a jewel that has been designed and inlaid. In comparison, the former is easier to judge its value, and in addition to the quality of the bare stone, the latter still needs to examine the weight of the precious metal used, as well as the added value of design and construction work.

In any case, jewellery and jade are non-renewable resources. With the increasing scarcity of ore resources, the number of jewels is also limited. Therefore, like many handed down items, fine works exquisitely have higher collection and appreciation space.

According to Liang Jiantao, manager of the gold ornaments department of the Guangzhou Cultural Relics Head Office, in general, finished product prices tend to lag behind raw material prices. Therefore, it is now a good time for jade and white jade to enter the market.

Not only that, but Bi Lijun, deputy director of the Ministry of Land and Resources’s Jewelry and Jewelry Management Center, recently told the media that jewelry is currently being sought after by hot money and prices have been rising. Emerald prices have doubled this year, and the prices of individual high-end varieties have increased. 2 to 3 times. As jewelry resources are scarce and non-renewable, prices are expected to rise further in the future, especially for high-grade jade and white jade.

According to Cheng Youfa, director of the National Gold Diamond Products Quality Supervision and Inspection Center, with the gradual depletion of raw materials and the increase of jade investors, it is expected that the price of jade may continue to rise in the next stage.

Investors must be wary of hype

In the field of jewellery and jade, there is a saying: “Thousands of dollars are not expensive, and 10,000 yuan is not unusual. One million yuan is considered a heavenly creature.”

However, the price of jewellery and jade cannot ultimately be inflated. Market speculation is the root cause of the skyrocketing prices of jewellery and jade. There is no market for the development of the entire industry. Cheng Youfa, director of the National Center for Quality Supervision and Inspection of Gold and Diamond Products, pointed out that if the factor of artificial speculation is excluded, the increase in jewelry prices from 10% to 20% per year is reasonable, but it does not rule out some cases, such as jades with some special historical backgrounds. At the auction, the price rose several times or even several times.

In fact, the investment in jewellery and jade is no longer a private capital patent. Some large-scale groups also operate investment jade and other precious stones products in the form of financial management; while Wenzhou’s real estate group and Shanxi’s coal owners also carry large amounts of money to invest in jadeite. Original stone or finished product. After all, the preserving value and appreciation rate of jewellery and jade have now far surpassed that of real estate. It has been normal for real estate funds to flow into the jadeite jewelry market.

Although "gold has a priceless jade", this does not mean that investors can spend 10,000 yuan on jewellery this year and they can appreciate it to 20,000 or more next year. After all, the hidden risks cannot be ignored, so choose the right one. It is especially important for collections to be collected.

As far as the variety of the collection is concerned, in the international market, the price of high-quality colored gemstones is the most obvious, and the prices of high-end rubies and jadeite have risen nearly tenfold in the past 20 years. According to Li Fufen, senior engineer of the British Gemological Society, collection of gemstones must be based on various gemstones.

In terms of investment amount and rate of return, investors should pay attention to the fact that the amount of investment in jewellery and jade can be large or small and flexible. When investing in jade, you must keep your head clear and understand the material nature of jade and its quality level. Contrasting with other jades on the market, you can roughly know whether jade itself is scarce jade. Is it in terms of historical values? There are particularities, etc., rather than rushing to save money on jade.