Chapter 41 (1/2)
Selling Diamonds
“Mr. Zhou. This is the appraisal result for the first diamond.”
The appraiser took out a note from the appraisal instrument. Diamond serial number 001, diamond weight 5.06 carat, color F, clarity VS1, stone cut EX, polish EX, symmetrical EX, fluorescence N…. The market price for this is 315600 USD. If sold to the Bounty Hunter a.s.sociation, its price is 252480 USD.
The diamond color ranged from D to Z. The earlier the alphabet, the purer the color. It began to start yellowing after H.
As for the stone cut, there’s EX and VG. In English, it represented ‘excellent’ and ‘very good’. It meant perfect and extremely good.
For clarity VS1, it meant “very slightly included”, has very few impurities (unable to be seen by naked eye). The highest quality is FL, which meant ‘flawless’ or perfect. This type of diamond is quite rare, and could only generally be seen in a diamond exhibition.
And fluorescence meant the color when the diamond was shown under ultraviolet light, which it would typically emit some blue or yellow light. N is for ‘none’ because there was no fluorescence observed under the visible light. So, it generally wouldn’t affect the diamond’s price.
For the second diamond, although it’s 6.12 carats, but because the color was only an L, and the clarity was only ordinary, the final price was less than 100k USD.
The appraisal appraised one by one until he reached one of them and exclaimed. “Oh, my G.o.d. How excellent!” he praised.
The twelfth diamond was 5.20 carats. The color D, clarity FL (flawless), stone cut EX, polish EX, symmetrical EX, fluorescence S (strong blue)….Finally, the appraiser gave out a top dollar price of 1.68m USD.
Diamonds over 5 carats with clarity FL are extremely rare. All of its attributes are perfect, except for the blue fluorescence. Many diamond lovers preferred non-fluorescent diamond because they thought such diamonds are the purest. But some also like the blue diamond because such diamonds represented romance.
The price of USD$1.68m was just according to the estimation of the general valuation method. But, if this was presented to a collector pursuing the perfect diamond, it would be absolutely more than this price. A blue diamond with perfect attributes, there’s absolutely no market price for this diamond.
Even Zhou Jian was hesitant to sell it. These 28 diamonds from Sun De Guang are most likely come from a diamond lover’s collection. It wouldn’t be from a diamond mine production as the quality there was not high.
The appraiser spent a short time and completely appraised the 28 diamonds. The total price that he gave out was USD$6.98m. After discounting , the purchase price that the Bounty Hunter a.s.sociation gave out was USD$5.59m.
After hearing this price, Zhou Jian already prepared his heart, and yet still couldn’t help but burst in excitement. This is equal to 30m yuan ah!
“Mr, are you prepared to sell all of it?”
Zhou Jian hesitated. He wanted to take out the perfect diamond very much because he felt that selling such a precious diamond to the Bounty Hunter a.s.sociation was too reckless and wasteful, similar to a wholesale. But, he really needed the money to invest now.
The appraiser saw Zhou Jian’s hesitation and suggested. “The Bounty Hunter a.s.sociation also perform p.a.w.ning business. If you’re not willing to sell, you can p.a.w.n the diamond here. You can redeem it again in the future. The annual simple interest rate is 7 percent. The deadline is 3 years. If it expired, then there’s no use.”
Zhou Jian calculated for a while. Seven percent is only about USD$100k, he could reluctantly accept it. Even if he redeemed it again in three years, this diamond price would also rise to be the same with the market price. He wouldn’t lose too much. So, he said: “Good. I’ll p.a.w.n this FL diamond. The rest, I’ll completely sell it.”
The appraiser showed the proof of the appraisal to Zhou Jian, and later, he gave a diamond VIP card of the Bounty Hunter a.s.sociation to Zhou Jian and said: “Because of the large amount involved, there’s a 24 hours wait for the account transfer time before it can be completed. This diamond VIP card allowed an overdraft of USD$1m from the Bounty Hunter Bank. In addition, by the virtue of this card, all the spending in all the industries of the BH financial group would enjoy a 20% discount, as well as priority.”
Zhou Jian nodded. Although he could even think with his knee about the status of this card, and what it symbolized. But to Zhou Jian, it didn’t mean much because he didn’t plan on staying long in the US.
Zhou Jian joyfully left the appraisal center. But Andy, as if he received the news, was waiting outside and at this time by his side, there’s a 20 years old Asian girl. It wasn’t clear which country she’s from. (tl: h.e.l.lo? Asian American?)
“Mr. Zhou. Are you satisfied with the appraisal result?”
“Very satisfied. I want to thank Mr. Martin.”
“No problem. I would like to introduce you. This is Lucy from Singapore. She’s prepared by our a.s.sociation to help with Mr. Zhou translate for the next two days. Her Chinese is very good.”
“How’re you? I’m Lucy.” Lucy used Chinese to speak. Her voice had a slight Hong Kong accent. It sounded a bit delicate.
“h.e.l.lo. Actually, I don’t need a translator. Thank you very much.” Zhou Jian waved his hand. He truly didn’t need a translator. Furthermore, he had a secret, which is the Ghost Killer. So, it’s not convenient to have a translator following around.
The female translator called Lucy appeared to be somewhat disappointed. She had heard from Andy’s mouth about Zhou Jian’s status and wealth.
Andy said: “Then Mr. Zhou also doesn’t need a tour guide?”
“There’s no need.” Zhou Jian rejected with a smile.