Peace.
I came across two very valuable blogs for jadeite jade in recent days and would like to share them with whomever is interested (and for my own reference).
Since both blogger have a foot in the jade trade, they would be a great source of helpful information. jadeitejade.com is especially relevant as the blogger is an experienced jade trader. The other could be accessed here.
On another note, I heard from a Burmese jade trader friend recently, and he recounted this tale to me:
They sold a raw piece of about 6 kg of highly-translucent lavender for 19 million Euros (reserve price of 58,000 Euros).
As anybody could deduce, that was a mind-boggling price for a very small piece of raw material. The speculatory buying which the mainland Chinese are engaging in now doesn`t portend well, I think. That said, top-quality jadeite will always be valuable due to its scarcity, but at the rate the prices have been ballooning (even for less than top-quality specimens)? I think the Chinese are just spoiling the market if this continues at the rate this has been going. Still, I assume the nouveau riche in China don`t mind the prices, even if I am not sure about the rest of us.
Thank you.
