Novel Update
Chapter 70
Chapter 70 Making a Huge Profit.
William asked in a hushed tone. “What’s the current market price for imperial glassy jarle?”
Tia replied, “Well, glassy species is a rare find. Not to mention any jade that comes in imperial green color. So, you can imagine that a combination of both is extremely scarce. I’d give a rough estimation of about 15 thousand Talons for every 0.04 ounce, However, it’s a little hard to predict the price of larger pieces since they usually go through auctions.
This made William ponder. “So, you’re saying the bigger the piece, the higher the price?”
“You can think of it that way. Tia continued, “For example, a pair of imperial glassy jade bracelets can cost millions of Talons.”
William then silently calculated the potential profits of purchasing this Heavenly Sovereign in his mind. There were two very pure imperial glassy jades in that raw stone. The first jade, which could be seen through the small incision at the top of the stone, should weigh around 11 pounds and worth around 75 to 90 million.
The second jade was located around the middle and lower part of the rock and was very large, weighing about 132 pounds. It would easily fetch a price of 800 million Talons!
Undoubtedly, this ore had a great potential for appreciation. However, the price was simply too high. He would have almost spent all the 300 million on this ore. As William was observing the ore, Josh came over and sneered, “Well, well, you ain’t thinking of buying Heavenly Sovereign, are you?”
William raised his eyebrows and asked, “Why does it concern you?”
Josh chuckled. “This ore has a history of several hundred years, and no one has dared to buy it for centuries. I’ll respect you if you do buy it. He was aware that the probability of this super–large ore rising in value was very low. Otherwise, the Jade King would have already cut it open and sold it. Why would he wait until today?
William simply said, “Your admiration is worthless, but I’ll still show you something you’ve never seen before.” He then declared loudly, “We’ll take this Heavenly Sovereign!”
William’s words caused a ripple in the crowd. The Jade King walked over and smiled, “Do you want to buy this ore?” William nodded. “Master Tristan, not only do I want to buy it, but I also want to cut it open on the spot. Is that okay?”
Tristan’s eyes lit up when he heard that. “Great! Someone bring us the tools!”
Tia did not hesitate even for a moment when she transferred 224.7 million to Tristan. The ore belonged to them from now on. However, she did not understand why William wanted to cut the ore on the spot when he had said he would not do it.
William marked the middle of the ore with a pen and ordered, “Cut it open.” Tristan’s workers took the most professional tool and started cutting the ore. The sound of an electric saw could be heard on site. Ten minutes later, a piece of ore was cut off from the top. When the stone, which weighed about 4,410 pounds, was flipped over, everyone saw a small patch of imperial green inside.
Someone exclaimed, “It’s imperial glassy jade! Because there was a small incision at the top of the ore and with the help of some lighting, it was possible to see what was inside the ore. The jade probably weighed over 11 pounds.
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Chapter 70 Making a Huge Profit
The larger ore below, however, only revealed a tint of bean green color with no trace of imperial green
Josh could not help but laugh out loud. “This smaller ore is not bad as it’s worth at least 75 million. But the rest… I bet the most you could earn is 150 thousand. But you bought the whole thing for 300 million. You sure have caused a loss of at least 224 million to the Lloyds!”
Turner paled as soon as he saw that the larger half of the ore did not show any trace of imperial green. He turned to look at William, who did not show an ounce ofpanic.
Tia was also worried regardless of how much she trusted William’s skills. After all, they bought the ore for 300 million. Even she could not bear a loss of more than a few hundred million all at once. However, they had no choice but to trust William since it had boiled down to this.
William pointed at the smaller ore and announced, “I’m willing to sell this imperial glassy jade at a fixed price of 90 million. Most of those present were engaged in the jewelry business and needed the kind of high–end raw stones William was selling. Just a mere 11 to 13 pounds of such ore would be more than enough for them to create a batch of top–grade jade jewelry.
A bald middle–aged man stepped forward and said, “I’m willing to pay 82.5 million.” But before he could. get any response from William, another chubby middle–aged woman said, “I’ll take it for 90 million.” She then handed over a check.
The bald middle–aged man became furious. “Ms. Chira, don’t you know there’s a first come first serve rule? Indeed. I bid for 82.5 million, but that doesn’t mean I won’t raise the price.”
The woman retorted, “We’re all savvy people. We can easily sell it for more than 225 million if this ore is made into jewelry. So, 90 million is actually not expensive.”
William smiled upon hearing that. “It’s refreshing to see how straightforward you are. This ore belongs to
you now.
However, Josh continued to sneer after the transaction was completed. “Well, you only sold it for 90 million. Tia, sorry to point out the obvious to you, but it seems like his stone–gambling skills are quite
bad.”
William was annoyed with Josh’s constant sneer. So, he pulled Tia aside and whispered, “Let’s buy other ores using this 90 million.”
Tia quickly asked, “Sure, but we’re not losing any money, right? William smiled and replied, “You see that larger ore below? A conservative estimation of its worth is 750 million. Her eyes widened instantly. 750 million? She took a deep breath before confirming, “Are you sure?”
William nodded confidently. “That’s why we can’t cut the one below. Let’s go elsewhere.”
Soon, he noticed the Blue Emperor. It was priced at 128.4 million Igneus Talons.
Using his x–ray vision, he discovered that the Blue Emperor was a high imperial ice jade. While it was not as expensive as glassy species, it was still priced at around 4,500 Talons for every 0.04 ounce.
The Blue Emperor weighed approximately 6,614 pounds, and as such, he estimated that the jade inside weighed around 1
pounds and was worth about 300 million.
Naturally, he bought the ore on the spot without hesitation. In total, he would gain a 10% discount due to the two ores he bought, and the total purchase price would be down to 371.79 million, leaving him with just over 18 million in available funds.
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Chapter 70 Making a Huge Profit
Although this amount was not enough to buy the top–grade ores, he was still able to find some decent ones. Soon after, he found a piece of ore priced at 19.5 million. This piece weighed about 1,102 pounds and contained high violet ice jade, which was worth about 3,000 Talons per 0.04 ounce. So, the high violet ice jade, which weighed about 220 pounds, would fetch around 300 million.
At this point, William had only a few hundred thousand Talons left of his 300 million funds, which was not enough to buy any ore. NôvelDrama.Org © content.
Meanwhile, Josh had also selected several pieces of ores. William casually took a look and found that the so–called Misty Nightingale and The Oracle were not at all bad as the ores they chose were quite good–at least Josh would not be losing money. In fact, two of the ores could even rise in value.
After purchasing the ores, a group of on–site professional convoys would transport the ores directly to the airport. The Jade King also provided a professional armed escort team to ensure that there were no problems on the road.
Turner feared that he would be troubled by unwanted attention if he stayed for too long. So, as soon as obtained the ores, he left with the caravan and personally escorted them back to justford.
On the other hand, Tia and William were not in a hurry. They only left Courtyard No. 9 after William selected another few raw stones that were worth a total of 3.15 million for himself.
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He had over 3 million Talons left, and he almost finished spending them after buying these ores. However, the total values of these raw stones were no less than 9 million, so he considered himself to have made a big profit.
They finally left the Courtyard after everyone was satisfied with their purchases. However, Tia had not even driven for more than 6 miles when she received a call from Turner.
Turner could be heard screaming over the phone, Tia, it’s over! It’s all over! We were robbed!”
Tia did not expect such a big turn of events. She frantica
asked, “Dad, are you okay?”
“I’m fine. Luckily, I jumped out of the car and ran away as soon as I saw them showing up. Most of the escort team was killed while the rest escaped.”
Tia quickly reminded Turner, “Dad, find a safe place to hide. We’ll be there soon!”
William heard the conversation, and his eyes became cold. He repeated, “Our ores were stolen?”