Spend 100 million to buy a strange rock, cut it open to find out what's inside is worth billions

VTC NewsVTC News13/07/2023


One day 5 years ago, Mr. Wang went to Ruili, Yunnan, China for a trip. The purpose of this trip, besides having fun, Mr. Wang also wanted to learn about the largest gem trading place in China. He thought to himself: "Isn't there a saying 'Jade comes from Yunnan'? I should also visit the gem market here once to know."

Although he did not know much, he loved to buy items made from precious stones. As soon as he arrived, Mr. Wang was attracted by the bustling atmosphere of the gemstone market. Besides the jewelry stalls, most people came to watch the stone betting.

Old Wang did not expect the stone he bought to have such a beautiful color after cutting. (Photo: Sohu)

Old Wang did not expect the stone he bought to have such a beautiful color after cutting. (Photo: Sohu)

Talking about jade betting, this is a form of spending money to buy a block of jadeite. Then the buyer can cut it to get the jadeite inside. However, after cutting this jadeite, only then will we know whether there is jadeite inside or not and how much it costs. If the buyer is lucky, he will win high-quality jadeite and sell it for a good price, otherwise, he will lose all the money he spent. The rate of winning jade (ie finding good jadeite) is 1/10.

Old Wang did some research online and learned about this form. In a moment of excitement, he spent 30,000 yuan (over 100 million dong) to buy a piece of jadeite. This piece of jadeite weighed 20kg.

He took the raw stone to a nearby gem workshop and hired them to cut it. Unexpectedly, the inside of the raw stone after cutting was very beautiful in color. A gem dealer who heard about this news offered to pay Mr. Wang 120,000 NDT (more than 420 million VND) to buy back the cut stone, but he refused.

From this rock, Mr. Vuong crafted 20 good quality jade bracelets. (Photo: Sohu)

From this rock, Mr. Vuong crafted 20 good quality jade bracelets. (Photo: Sohu)

Mr. Vuong invited a gem expert to appraise it. According to this expert, his jadeite block was very rare. Its color was special because it was spring jadeite, meaning it had pink, purple, and blue. With a jadeite block of such color, its value must be up to billions of dong.

Finally, after cutting the jadeite block, Mr. Wang got 20 bracelets. The finished product after being polished and polished to perfection. The owner of the gem workshop and the experts all agreed that with high quality products like Mr. Wang's jadeite block, they would make a huge profit if they were sold on the market.

Quoc Thai (Source: Sohu)


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