As the saying goes, "Millennium Coral Red", coral is the only life-threatening millennium in jewelry. In recent years, following the skyrocketing prices of jewellery such as diamonds and jadeites, red coral, a relatively unpopular jewellery category, has now become a major force in the collection industry.
The Tibetan city’s visit to the red coral is getting more and more fierce
“The most obvious rise in the market now is the coral besides the well-known jade and diamonds.†Chen Zhenwei, a collector of Qingdao, told the author, “As red corals are becoming more and more familiar, it has become an appreciation in the past two years. One of the fastest jewel varieties. Although the quality of red corals is quite different and the price level is high, it cannot be generalized. However, the price increase of various varieties in recent years is still obvious."
Chen Zhenwei took out a mosaic bracelet that was collected many years ago. The red corals with a diameter of about 1 cm were inlaid on the top. Chen Zhenwei said with emotion: "This is a red coral bracelet that I found in the market a few years ago. The price of this bracelet was only 500 yuan at that time. It was only a few years after I thought about it. The market price of this bracelet has been Nearly 10,000 yuan, not to mention the quality of the red coral on this piece of jewelry is not the top."
It is reported that the current red coral millet hand beads of 0.2 cm to 0.3 cm, the market price is about 400 yuan; the single red coral with a diameter of 1.2 cm, the price can exceed 10,000 yuan; the slightly shaped ornaments are priced at 30,000 yuan to Between 120,000 yuan. According to industry insiders, since last year, the price of mid-to-high-end red corals has begun to show a significant increase. For example, the red coral necklace with a diameter of 1.4 cm and a minimum diameter of 0.7 cm is produced in Taiwan, and the price has doubled in two years. It can be seen that red coral has become one of the biggest potential stocks in the jewelry market.
The status quo of the industry is really disrupting the market order
As red coral jewelry continues to become popular, there are some phenomena in the market that pretend to be red corals with other materials. Attentive citizens will find that many street stalls are now selling "red coral" jewelry, and the price is quite cheap. In this regard, Chen Zhenwei reminded: "The "red coral" jewelry that is dozens of yuan on the street, even a few yuan red money, is definitely a fake."
Many "red corals" on the market now use imitation of sea willow, sea bamboo, etc., or choose shallow sea dendritic reef corals with loose texture, and fill them with glue to fill them. The easiest thing to do is “beauty coralâ€, which is centered on inferior red coral or white coral. It is wrapped with special paint and coral powder, and covered with red corals. It is copied into deep red coral and pink coral. In this way, it is sometimes possible to achieve a false effect, which is difficult for the average consumer to distinguish.
The popularity of the red coral market has caused some undocumented businesses to use their brains. The author found a Taobao shop, the website's homepage is marked with a "red coral special sale" eye-catching advertisement, and the red coral jewelry sold in the online store is mostly standard. With a price of 500 yuan to 2,000 yuan, you can enjoy a 30% discount during the event. One of the red coral Guanyin pendants, exquisitely carved, is very good-looking, so I consulted in detail. The owner showed great enthusiasm. He said that this is the most valuable species of Aka red coral and red coral. The potential for appreciation is unlimited. The original price is 39,000 yuan. Now it is sold for 29,000 yuan. The opportunity is rare. But when the author asked if there was a test certificate, the other party said that the red coral does not need a test certificate.
The scarcity of sound resources in the industry is rising
The author consulted the relevant information and learned that red coral is different from ordinary jewelry such as gold and jade. Because its rarity has been listed as an endangered protection resource, there is a strict management and approval process from mining to sales. According to the data, as early as 1988, China has listed red coral as a national key protected animal, an endangered species of wild flora and fauna, and the International Trade Convention also included red coral in the appendix in 2008, prohibiting illegal picking and restricting its international trade. That is to say, red coral has already been put on the “stretching curse†in the raw material mining stage, not only the amount of mining is subject to restrictions, but also the mining qualification is strictly controlled.
"Red coral grows mainly in the deep sea between 200 and 2000 meters between 30 degrees north and south latitude. The growth rate is extremely slow. It grows only 1 inch in 20 years and grows 1 kilogram in 300 years. It is the main producing area of ​​red coral in Taiwan. The qualification for mining must first be examined and approved by the International Plant and Animal Protection Organization. After obtaining the certification, the mining license can be obtained, and then it must be approved by the relevant local authorities for legal exploitation. Due to the lack of red coral resources, the local area has stopped. New mining rights, currently there are no more than 5 legal mining enterprises in the local area.†Mao Yunxiang, vice president of the Marine Life College of Ocean University of China, said that in the sales process, China has strict requirements for red corals, not only to meet import and export. The qualification of trade must be approved by the Ministry of Agriculture and the Bureau of Fisheries for approval.
Industry is turning the pulse into a narrow channel
“Scarcity is the biggest selling point of red corals, and it is also the main reason for attracting speculative funds.†Zhang Wei analyzed that the price increase of red corals has been driven by gold and jade. “More and more hot money has flowed into the jewelry market in recent years. As a result, the price of jewelry is also getting higher and higher, and red coral has become another hot spot after the gold, jade, Hetian jade and diamonds.
However, the small possibility of red corals has greatly restricted its ability to become a mainstream investment. But in recognition of the quality of red coral, in addition to the size, the engraving of coral jewelry has a greater impact on its value. Judging the carving process of a work, the general figure shows whether the face is correct, whether the expression is kind and the facial features are reasonable; whether the animal statue sees whether the proportion of the trunk and the limbs is appropriate, whether the shape is natural or not; the flower statue sees whether the line is smooth and the layout is reasonable. The essential.
The author understands that the current circulation and realization of red corals are mainly concentrated in private collectors and auctions, and only the top red corals can be sent to the auction. The rest can only be found in the “small circle†of folk collectors. Circulation. The relevant person in charge of the Huaxia pawnshop said that the current red coral is not the mainstream of the pawn. "It is not worthwhile to send the red coral of too high level to the pawnshop, but the pawnshop with too low level does not accept it." In recent years, some Red Coral merchants have launched a “trade-in†marketing channel, but the cash-out approach is still scarce.
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