In November , in the first jade fair held in Naypyidaw, the new capital of Myanmar, a piece of ice-type purple jadeite stone weighing 6kg with a reserve price of , Euros was bought by a Chinese businessman for a sky-high price of about million RMB after 6 rounds of fierce battles. In other words, an average of 30 million yuan per kilogram, 30, yuan per gram, and 6, yuan per carat, which shocked and confused people in the industry!
In the past ten years, the price of rough jadeite has risen astonishingly. It is known that the price of rough jadeite has returned to a stable state in In the 53rd Myanmar public market in , a new tender method was adopted. The number of rough jadeite was 6, Among them, were clearly marked and 5, were hidden. This method also makes the price of rough jadeite more rational and stable.
The same quality jadeite weighs heavier and its price is more expensive. Poor quality jadeite may cost only a few dollars to ten dollars per gram. Medium-quality jadeite may cost tens to hundred dollars per gram. The price of good quality jadeite can be several hundred dollars per gram. The price of best quality jadeite can be thousands dollars per gram.
It's very simple. The higher the grade of jadeite , the finer its texture, the more dense its structure, the more beautiful its color, the better its purity, and the more basically flawless it is. Your email address will not be published. Return To Shop. Taxes, shipping and discounts codes calculated at checkout. This increased popularity with the newly rich Chinese has also piqued the interest of the rest of the world.
After all, once a trend among the ultra-rich catches it spreads like wildfire. Several reasons why jade is so loved is that it is an incredibly hard stone, making it very durable and easy to carve. In fact, jade carvings have been used as a symbol of status as early as the Neolithic-era, as either a blade or an adornment by highly ranked individuals.
Jade carvings can also rise in price due to the intricacy of the carvings or the history behind the object itself. In the world of jade, there are two types; jadeite and nephrite. Jadeite , which comes exclusively from Burma, is widely regarded as the most valuable type of jade due to its rich color. Nephrite typically comes from western China, and has been used by the ancient Chinese long before jadeite became popular.
Therefore, most historical jade pieces are likely made from nephrite. If you like jewelry you can take a look at the Sapphire Cost. Despite nephrite having such historical significance, the most expensive jade jewelry sold at auction was The Hutton-Mdivani Jadeite Necklace. The necklace had been bought by one of the richest men in the world to give to his American socialite daughter upon her marriage to a Jordanian Prince. The necklace was a statement of affection between father and daughter, as well as a symbol of their status.
This necklace was created by Cartier and is incredibly important as the beads are 15mm in diameter, which is significant because jade usually cannot be shaped into beads larger than 10mm.
Presently, the necklace is back in The Cartier Collection, where it belongs. Alternatively, jade bangles also fetch a high price as it is very difficult to shape the jade in a large continuous circle.
The jade used for this also must also be very strong to maintain this shape. Take a look at the top ten most expensive jadeite bangles ever to be sold at auction. While jadeite is worth quite a lot of money, nephrite is not exactly in the same league. The reason for this is mainly due to rarity. Nephrite jade is commonly found as compared to jadeite, and jadeite is also much more likely to be translucent and can only be the vibrant imperial green color that is so desirable in jade.
Despite jadeite being much more valuable due to rarity and overall appearance, there are some cases where some nephrite pieces are more valuable. These rare cases are usually when pieces of nephrite jade are discovered that are ancient and of historical significance.
The reason for this piece fetching such an impressive price tag is that it is from the Qin-Han dynasty, between the 3rd and 2nd centuries B.
Since nephrite is commonly found in Northern China and is more durable than jadeite it is understandable that ancient pieces of jade have historical significance.
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