Chapter 595: Buying Equity (1/2)
Chapter 595: Buying Equity
Translator: Nyoi-Bo Studio Editor: Nyoi-Bo Studio
Large organizations do things in a rigorous et done eee the center filled with equiper proclaiemstone appraisal centers in North America All of the precious stones in the world can be appraised here for their grade and authenticity as well as color”
The 58 pieces of fire opal were sent out and within an hour or so, 58 sets of reports had been printed and delivered to thenatures by those responsible for the appraisal
Li Du took a look at a page of the report Indicated on it was each opal's color-changing pattern, nuhtness, thickness of the colored layers and condition of defects
Lastly, there was also the proposed price The report he had picked up had the highest appraisal at 185,000 dollars
The price was quite unexpected None of the 58 fire opals was comparable to the best one he sold to Owen last time
In the end, the price offered by the Harry Winston group was almost the same as the best from the last time
This showed that he was still too inexperienced in this industry, and had been taken advantage of by Owen
Of course, he could not be certain that Owen had taken advantage of him Owen had owned only a small-scale workshop and was himself also a raw ht could be resold to bigger jewelers such as Harry Winston
So, he would have had to retain soin for himself
In addition, there was another difference between se jewelrymade from the same raw materials, the price of jewelry er jewelry ins were much smaller
Therefore, in the jewelry industry it would be best to deal with the big brands as h to do so, and ensure that the geh quality
The fire opals that Li Du had were not just good quality ones Given the large quantity, he would be in good position to deal with the big brand jewelers
The total value of the 58 fire opals was 62more than 100,000 dollars per piece!
Comparatively, if he had sold them to Owen, they would only fetch five ive him a 20 percent discount off the transaction price which would bring it down to a much lower four million dollars
While the appraisal center was appraising the ge whether he should take the risk of tying hi Harry Winston shi+p
Eventually, the spirit of adventure overcame his desire to be easily contented, so he decided to risk it with this huge ganificantthe helmsman of a top jewelry company
It wouldn't matter if he lost He would just have to put in ealy risky In fact, he was in an invincible position As long as he had the little bug, money would not be an issue where he was concerned
Having received the 62 million dollars, Li Du's bank account held more than 10 million dollars!
He had previously accue auctions When this su the fire opals on two occasions, he was now a multi-millionaire
Unfortunately, tens of millions of dollars would only be in his possession for a short duration
After he had gotten the er, ”Buddy, Mr Tedrick and friends want to sell their equity in Harry Winston, right?”