Mixed in 1980

Chapter 497 Achievements
"Fellow travelers, haha... Tragic, truly tragic!"

Speaking of his competitors, Mr. Zhang couldn't help but laugh: "They haven't changed their mindset yet. They're still clinging to the old ways, continuing to cheat and swindle, but unfortunately, consumers don't accept it."

"In the first week after the appraisal agency opened, our business plummeted by 70%. But after adopting your appraisal results, our business actually picked up again."

"Competitors don't recognize this, and consumers don't recognize them. It's not that they don't want to change, but they have too much inventory on hand. If they change, they will lose a lot of money."

Many of their goods are counterfeit.

There are also imitations of Russian jade and mountain jade, as well as jade with an unattractive outer skin that has been re-skinned. Once these are taken for authentication, they all become fakes.

We have to bear it no matter what.

However, Chen Yanyin's public opinion offensive was too strong. She placed advertisements on TV, and was on the trending topics on Douyin and Weibo almost every day, with a great deal of popular science.

Anyone who goes online will basically see it, subtly changing consumers' perceptions.

Chen Yanyin used many methods, such as having people cooperate with pawnshops to accept Hetian jade pebbles with certificates.

There are also second-hand websites like "Xianyu" that list jadeite with certificates, and the transaction volume is quite high. They also keep releasing information through Weibo and Douyin.

Today, platforms such as Douyin, Taobao, and JD.com recognize it, and consumers recognize it even more.

Wang Yang is a veteran collector of Hetian jade.

I have dozens of pieces of Hetian jade hidden at home. This year, my business has run into problems, and I've thought about selling the jade more than once to get some cash to tide me over.

Wang Yang did the same thing.

If you try to find a recycling company, their quotes will be outrageous, usually half price, and some unscrupulous ones will even offer 30% of the original price.

This is reality.

There is no trust between players, and they cannot communicate with each other. The power of discourse and pricing is in the hands of the merchants.

The selling price and the buyback price are worlds apart.

"Old Wang, are you still selling your Hetian jade?"

A collector called, but he was only half-baked. Wang Yang had contacted him before, but the collector didn't trust him, so the deal fell through.

"Selling it? You want it?"

“I’ll come to you. Let’s agree on the price first, then get it appraised. If the appraisal results are satisfactory, we can close the deal today.”

The collectors quickly came over, and Wang Yang took out his collection and sorted it by type: "These are riverbed jade, these are mountain jade, these are Russian jade..."

The two began discussing the price, and the collector eventually chose two pieces of seed jade and one piece of mountain jade: "These three pieces are fine. Take them for appraisal, and if there are no problems, I'll transfer the money."

Upon hearing this, Wang Yang asked curiously, "What kind of appraisal makes you trust it so much? I've had all of these appraised, with certificates, and I've never seen you trust them."

"You didn't know?" the collector asked in surprise.

Seeing him shake his head, the collector recounted the story of Chen Laosi's appraisal agency: "As long as it's a raw jade stone, with a certificate, everyone will recognize it, and it's recycled in many places."

"Even sales on Xianyu (a second-hand marketplace platform) are going through."

"As for mountain jade, Russian jade, and Qinghai jade, they don't issue certificates, but they do have an appraisal report, which many people recognize. At most, they'll have it tested again."

"Is that so?" Wang Yang's eyes lit up. He brought all his collection with him, intending to have them all appraised, hoping to sell them.

I'm in dire need of money right now.

The two arrived at Chen Laosi Hetian Jade Pebble Appraisal Center in Panjiayuan and waited in line for a long time before it was their turn. Then they paid the appraisal fee.

The appraisal fee is not cheap; it is calculated by weight. A typical pendant costs 100 yuan, while a bracelet costs 200 yuan. Ornaments also vary in size, ranging from several hundred to over a thousand yuan.

The appraisal fee for bracelets is the most expensive. Each bead needs to be appraised, and the appraisal fee is charged per bead, at 50 yuan per bead. The appraisal fee is not even enough for cheap bracelets.

After queuing up to make an appointment and paying the appraisal fee, Wang Yang couldn't help but sigh, "With so many people queuing up, how much money can they make? The appraisal center is just a goose that lays golden eggs."

One collector laughed and said, "You can't envy that. The reputation of the fourth princess of the Chen family, along with the 10 billion yuan deposit, means she deserves to earn that money. Only then can everyone buy jade with peace of mind."

What we see is just the scene at hand.

"There are also many cases sent from other places. The testing center is very busy. I heard that it takes two days to get the report for cases sent from other places."

Even on-site testing can take anywhere from half a day to a day, and Wang Yang didn't receive the appraisal report until the afternoon.

There are genuine and fake jade pebbles.

The fact that he confirmed the material was from both the mountains and Russia demonstrates his considerable skill and discerning eye among collectors.

Two of the jade stones in my collection have problems: one is mountain jade with a fake skin, and the other is a pebble jade with a re-skinned skin. Neither can be issued a certificate.

"Old Wang, now you know why we need appraisal, right? Even a veteran like you can make mistakes, let alone a novice like me."

Hearing his fellow collectors' teasing, Wang Yang smiled wryly: "The circle is really deep. I'll cut off the fake skin and have it re-authenticated later."

Fake skin and dyeing will damage the internal structure of jade. The deeper it goes in, the more parts need to be cut off, and the loss will definitely be significant.

"Take your time with this later, I'll give you the money first."

After the collector paid, he took away two pieces of seed jade and one piece of mountain jade. Wang Yang thought about it for a moment and then posted the rest of his collection on Xianyu (a second-hand marketplace app), along with certificates.

A few days later, all the river jade had been sold. Mountain jade and Russian jade were also sold, all through offline transactions in Beijing. Wang Yang was surprised by this: "Times are changing, especially for river jade."

New Year's Day has passed in the blink of an eye.

The new calendar has entered 2018. Looking at the revenue report of the appraisal center, Chen Yanyin couldn't help but smile. The money really came in fast.

Since the beginning of the new century, there have been too many counterfeit jade stones, and even more have been sold, with quantities so large that they are difficult to calculate. Nowadays, many collectors come to us for authentication.

These are all money.

As a result, many businesses have been manipulated. With increasing consumer acceptance, a verification fee is now required to sell products, and this trend is becoming increasingly apparent.

As expected, the price of jade pebbles has skyrocketed.

There are many people who like jade pebbles and want to buy them, but dare not. Now that there are reliable channels, many people are willing to spend money, especially in recent years with the good economic environment.

In addition, many people have bought fake jade pebbles. After being identified as fake, the demand was rekindled, creating an additional market share.

In contrast, the prices of mountain jade, Russian jade, and Qinghai jade are all declining. Both consumers and merchants can see that seed jade has begun to take on financial attributes.

Other materials are used for jewelry.

The price of jade from the Western Regions is relatively better, since it comes from the Western Regions, and the price drop is not too significant. However, the prices of other jade have dropped by more than 30%.

"If you're pregnant, use the computer less."

Zhou Jingshu walked over and placed her hand on Chen Yanyin's abdomen: "These are all just reports. They just had them printed out. They have no common sense at all."

"I'm wearing a radiation protection suit." Chen Yanyin smiled slightly. She had just found out she was more than a month pregnant.

The thought of having a child makes me incredibly happy.

My eldest sister, second brother, and third brother all have children, each one cuter than the last. If it weren't for the time spent pursuing my doctorate, I would have considered having children long ago.

A home is only lively when there are children.

After flicking her bangs, Chen Yanyin said, "You and Xiao Wu just got back, so take a couple of days to rest. Next, we'll be busy preparing for the wedding."

"It's all decided by the elders, so just follow their instructions."

Zhou Jingshu stretched and helped Chen Yanyin close her laptop: "Didn't you create an online store? When are you planning to launch it?"

"It's not a marketplace, and it doesn't have any transaction functions. It's like setting up an online stall and trading offline. An announcement has already been made, and it will be updated and launched at 12 o'clock tonight."

This is the final step in the plan.

The "Pebble Market" function has been added to the appraisal center's APP, allowing pebbles enthusiasts to set up stalls, display their products, and communicate with other enthusiasts.

The products displayed must be authenticated and have certificates. The platform must review the authentication materials that are directly linked to the backend through the certificates.

As for transactions, players can trade offline or through other online shopping platforms; Chen Yanyin neither manages nor is responsible for them.

The market's revenue comes from the stall fees.

Each item will be charged a stall fee of 50 yuan and can be displayed for 30 days. The items will be searched and pushed to different players based on big data.

The appraisal center has already issued an announcement, and Chen Yanyin's account has also posted about it. Many merchants and collectors are looking forward to it, and the emergence of the seed jade market is of great significance.

The "interoperability" between players will be greatly enhanced, significantly increasing the liquidity and financial attributes of the jade market.

Not only merchants and collectors, but also capital, have entered the market attracted by the smell of lucrative opportunities. They are more shrewd than anyone else and are well aware of the fact that jade pebbles have become financial products.

The jade seed market is a new financial market.

Achieving this would be equivalent to Chen Yanyin pioneering a new financial product, which is a milestone in the market, economy, and finance.

When I achieve fame and success, great scholars will surely debate the classics for me!

Chen Yanyin didn't even need to promote it herself; a group of experts and scholars immediately jumped out to advocate for the seed jade market and Hetian jade, all wanting a piece of the pie.

Even the central bank has stepped in, acknowledging that Hetian jade pebbles are investment products, but this is not good news for the Adashi people in the Western Regions.

The jade mine is closed; picking up or digging is no longer allowed!
Just like a gold mine, once it's mined, it doesn't need market operations; it can be directly converted into money. How could it be allowed to be mined by private individuals?

At the same time, several geological survey teams went to the Western Regions to explore the ancient riverbeds of the Yulongkash River and Karakash River, indicating that the government was about to get involved.

"Fourth brother, come, please sit down."

Chen Yanxi helped his younger sister sit down, poured her a glass of warm water, and then looked closely at her face: "Is this still our lazybones?"

"He can accomplish something big with just a casual move."

"Developing new financial products is something that will be included in economics and finance textbooks. The management of Peking University is already studying it, and they want to invite you back to give a lecture when the semester starts."

Chen Yanyin took a sip of water and waved her hand smugly: "It's nothing, just a casual thing. Don't idolize me too much, it's just a flash of genius."

Chen Yanxi reached out and pinched his sister's cheek: "You're allowed to show off today. Wait, I'll tell the kitchen to prepare a feast to celebrate."

"I've already given the order."

Chen Yanjin laughed and said, "I never expected that our fourth son would be so successful, able to be included in teaching materials and give lectures. Even our father didn't have this kind of treatment."

(End of this chapter)