The origin of the star lotus world

Chapter 2634 (2)

Chapter 2417 (2)

During the Year of the Dragon and the Year of the Snake in the mortal world, the author visited a jewelry store several times. The store was located on the first floor of a shopping mall, which used to house many jewelry stores. The author visited many times to look at and buy jewelry. In recent years, only two or three jewelry stores remained in that mall. Some jewelry stores were even merged into one by two businesses, with one business's counter on the left and one on the right.

There's a gold shop in the mall that's been open for over a decade with consistently stable business. Looking at the display cases, there are many gold ornaments on display. I looked at them many years ago but didn't buy anything, missing out on several opportunities to invest in precious metals and other investment opportunities.

Look at the first floor of that shopping mall. There are many clothing stores, shoe stores, digital product stores, and cosmetics stores. Some of these stores have been open for many years.

I visited that jewelry store and made several purchases, buying a total of several tens of grams of 925 silver jewelry, including a few rings, a necklace weighing about ten grams, and a bracelet weighing a few grams. All items had the 925 silver stamp, so they should be genuine. The prices were relatively low, which is why I bought them. The craftsmanship was average; many shops offer similar styles.

The female shop manager was very kind; she tried her best to offer discounts and didn't mind me talking too much and asking many questions. The silver jewelry I bought averaged about eleven or twelve yuan per gram, which was considered a good deal at the time. However, it was all 92.5 sterling silver, not pure silver. Buying 99.9 sterling silver jewelry at a similar price would have been more worthwhile, as higher purity means a higher resale value and easier recycling. Many necklaces, bracelets, and pendants were made of standard silver, while items like ingots, bangles, kettle liners, combs, and tableware were made of 99.9 sterling silver, but I didn't buy them. Some silver jewelry weighed around 100 grams, and the price wasn't low.

Back then, a 50-60 gram pure silver item would cost 600-700 yuan, which wasn't high, but it wasn't cheap either. If you bought it, based on the pure silver buyback price in the first half of the Year of the Horse, you could recover your costs and even make a profit of 200-300 yuan, which was considered relatively good value preservation. However, in the future, with the price of silver falling, it will be quite difficult to see any further appreciation. If you bought it at a low price, it might still be worthwhile.

In the last few months of the Year of the Snake and the first few months of the Year of the Horse, the selling price of silver jewelry doubled and remained high for a long time. Even with fluctuations in international silver prices, the price of silver jewelry saw limited decreases and remained at a high level. Some 925 silver jewelry pieces were offered at a fixed price, supposedly including craftsmanship fees, but the price per gram was far higher than that of pure silver.

The prices of silver jewelry on online shopping malls have also increased significantly. In some cases, the price per gram of goods in self-operated stores is even higher than that in some physical stores, depending on the specific product.

In the Year of the Dragon, the price of pure silver bracelets sold in online malls was around ten yuan per gram. In the Year of the Horse, the selling price per gram could reach two or three times that. However, the buyback price of pure silver jewelry was only around ten yuan per gram, although it was said that it could reach around twenty yuan for a period of time.

If I find a suitable item, I can buy it, but I'm not sure if the silver jewelry I buy at a high price will retain its value.