Chapter 6 (1/2)
Chapter 6: Sold!
Translated by me, edited by Kai
Diaht, Clarity, Color, and Cut Of course, out of the four Cs, only two are iht The so called carat is a unit for 200 ram Then it is clarity, also known as trans properties: colour refers to reflectiveness of the geeed, but the size of gem and it’s clarity cannot
The diara the legiti Hai had to take almost half an hour before he recovered fro rushed over at the first notice Looking at Jiang Hai’s appearance, he hesitated a bit before sitting down, and waking Jiang Hai from his daze
“cough, MrJiang, we have appraised all your ite presuoing to sell the asked seriously
“Give er’s question, Jiang Hai really had thoughts of keeping the dia to the appraiser, it is a 316 carat pink diamond, by the ratio of 1 carat to 380,000 USD, it’s worth 12 million USD Since this is a one piece, then ives 240Hai has never seen this ht of it
240billion yuan Although, coh, ex-wife’s net worth of several billion, it is still far fetched But do not forget his ex’s net worth comes from a commerce company, and his net worth is all in the diamond he has in his hands However he is still clear of why he brought all the gems here; and that is to sell them, not just for appraisal
“If you are looking to sell then I can give you two options One, straight up auction Your pink diamond, if put up on auction, will at the very least fetch you 240of around 4 billion However this process takes ti fee and the auction tax of the country it was sold to which is around 20”
Hearing what the uy is trying to fool h he had never attended an auction before, he isn’t stupid Specifically, in all those novels (1), no one takes a cut on the item, not even the auction house But here, one fifth of the price straight up disappeared Who’s this guy trying to fool?
“cough, you can look up each country’s auction tax” Manager Zhang statedthe doubtful looks Jiang Hai is giving him
Co the tax cuts listed online to the ones on the forue tied The taxes are seriously expensive Well this can easily be explained You’re selling stuff in other countries, who says they can’t tax you? And most importantly, there is also an export fee of 6 at theto the forh up foreigner’s personal incoh it is not as heavy as China’s but it’s still not light For exaland takes 24, Australia at 27, USA at 22, with the lightest of the
Of course there are cheaper ones, but they’re all third world countries and mainland China Mainland China’s antique tax is 20 of the difference between the auctioned price and the buy in price or its original value, whichever is higher If it is a family heirloom then its tax cannot exceed 3 of the appraisal price This is really very little, but here lies the problem
If an item is worth a couple of thousand or tens of thousands then no one will care too much, but when the iteht ok, where is the receipt? You used credit card? When did you buy it? Who sold it to you? You say it’s passed down in the family line, fine, which one of your ancestors? Where on the family tree? Call them, will they answer? Thus where is the proof that this item is yours?
Therefore this ites to the country (3); and because of this, both Jiang Hai andon the h up that quarter of his profits to those countries Another problem is the time it takes to spread the word about the item When he finally receives the money, a year and a half could’ve already passed
“So what is the second option?” Jiang Hai asked the er hesitantly
“The second option is we buy the diamond Since this diamond is worth at least 240 million, we’ll raise the price it by 30 and you don’t have to pay any fees We’ll directly transfer theHai, this is all just a sely jump in
Since this diamond can be auctioned for 400 million, they buy it at 300the connections an auction house has, this is surprisingly easy Especially selling to those400 million USD for a diah quality Just like that the auction house will make a 100 million in profit
Jiang Hai can also sell it to private collectors, but, he doesn’t have the connections People who can cough up 400 million USD, which is around 2 billion Yuan, can easily buy out 40 of his ex’s company This also needs to be liquid assets Obviously he isn’t on the same tier of society as them More importantly, after he sells it, it’s rather sio back on their word and eliminate him with little to no repercussions Therefore this is a really hard decision toHai’s mind