Monday , 23 December 2024

Gold Has A Price BUT Jade Is Priceless! Here’s Why (+6K Views)

Jade is valued so differently than other comparable gemstones or precious metals that a Chinese proverb says “Gold has a price; jade is priceless”. Jade is not, in fact, priceless but the finest jade sells for about the same price per carat as diamonds in the United States.

The above comments, and those below, have been edited by Lorimer Wilson, editor of munKNEE.com (Your Key to Making Money!) for the sake of clarity ([ ]) and brevity (…) to provide a fast and easy read. The contents of this post have been excerpted from an article* as sourced by VisualCapitalist.com ( The History of Jade: The Emperor’s Stone – see original* HERE) from Electra Stone Ltd., a mining company specializing in the development of, and exploration for, nephrite jade and industrial minerals. (This paragraph must be included in any article re-posting to avoid copyright infringement.)

Jade is not a single polished and cut crystal, such as in the case of diamonds or rubies, but, rather, stones formed of interlocking microcrystals which come in different shapes and sizes, and can have impurities or grains in the stone that define its character. This means each piece of jade is unique allowing professional craftsmen to look at raw jade’s beauty, flaws, and spirit to determine what shall be carved from it. This potential ties into the price that people are willing to pay for it.

*http://www.visualcapitalist.com/the-history-of-jade-the-emperors-stone/

Related Articles from the munKNEE Vault:

1. Just don’t do it. Don’t buy diamonds. Here’s why

Just don’t do it. Don’t buy diamonds, either shares of diamond miners and distributors OR as a personal “investment”. Simply don’t do it. Here’s why.

2. The World Of Colored Diamonds

Since 400 A.D., diamonds have been sought after for their beauty, their strength and their versatility…[but] it wasn’t until 1953 that the four Cs of diamonds – cut, clarity, color and carat – were established by which all…diamonds are judged today. This article, with an accompanying infographic, looks at what each of these four Cs mean and how this knowledge can benefit you as a consumer.

3. The Poor Man’s Gold is Silver; the Poor Man’s Diamond is…

You probably picture a diamond when you think of a white gemstone. Although diamonds are beautiful and traditional, you may want to consider a less expensive alternative. Check out the infographic below which tells you all about the various alternatives complete with the pros and cons of each.

4. Precious Metals vs. Pricey Gemstones: There Is No Contest When it Comes To Value

If you think precious metals are expensive you are sorely mistaken. They are, in fact, dirt cheap (relatively speaking, I must admit!) when compared with the equivalent cost of the gemstones identified below. Take a look.

5. What’s the Difference Between 1 Gold Karat, 1 Diamond Carat and 1 Troy Ounce?

You have no doubt read countless articles on the price of gold costing “x dollars per ounce”, own a gold ring or some other piece of gold jewellery and/or wear or have bought/plan to buy a diamond ring but do you really understand exactly what you are buying? What’s the difference between 1 troy ounce of gold and 1 (regular) ounce? What’s the difference between 18 and 10 karat gold? What’s the difference between a .75 and a 1.0 carat diamond? Let me explain. Words: 1102