Chapter 6: Sell it! Sell it!
"I sold it for 330 million U.S. dollars." After hesitating for only a few seconds, Jiang Hai directly said to Manager Zhang
Of course, it should also be lighter than Hong Kong, essentially referring to third world countries and the Chinese mainland
The remaining luster refers to the reflection, while the cut refers to the craftsmanship of the individual. These two aspects are not particularly important, as they can be altered. However, the size and clarity of the diamond are immutable.
"Cough, how do I say if I want to sell it?" Upon hearing Manager Zhang's words, Jiang Hai instinctively thought about taking it back to keep as a treasure. After all, according to what the appraiser just said, a 31.6-carat pink diamond, calculated at 380,000 US dollars per carat, would amount to 12 million US dollars. Moreover, being complete, it could be multiplied by twenty. Do you know what twenty times means? It means 240 million US dollars! Such a large sum of money, Jiang Hai had never even thought about it before, let alone seen it. Calculated at 380,000 US dollars per carat, it would amount to 12 million US dollars. Moreover, being complete, it could be multiplied by twenty. Do you know what twenty times means? It means 240 million US dollars! Such a large sum of money, Jiang Hai had never even thought about it before, let alone seen it.
Although he has never participated in an auction before, he has never seen a pig run, yet he has eaten pork before
This can also be considered a linguistic trap, merely enticing Jiang Hai to willingly jump into it
"Overseas credit card?" Looking at Manager Zhang, Jiang Hai cast a puzzled glance at him
From the very beginning, Jiang Hai and Manager Zhang have not changed their stance on the issue of domestic auctions
This limit is indeed quite large. How about I help you apply for an overseas credit card? You can transfer the money into it later. Seeing Jiang Hai's somewhat hesitant expression, Manager Zhang said with a smile.
The subsequent matters will be much simpler, of course, it is not like buying vegetables in a market where you directly negotiate the price, pay, and take the goods. Selling diamonds, especially a diamond valued at 330 million US dollars, still requires signing many contracts
"Yes, foreign credit cards. We have very close relationships with major banks in Europe and America. After all, some collectibles, in addition to being stored in our bank's vaults, also need to be placed in bank vaults, as they are among the safest places in the world." Manager Zhang said with a smile while looking at Jiang Hai.
They are not very inclined to take on external tasks, as the tasks from the two prominent families alone are already quite numerous
American Express has little to say; it is the largest travel service provider in the world, a comprehensive financial management, investment, and information processing company. In the realm of credit cards, it has always been the strongest entity. Its issued Centurion Black Card is touted as the most powerful card in the world, without exception! Meanwhile, JPMorgan Chase is one of the two largest financial conglomerates in the United States, serving as the designated bank for the Rockefeller and Morgan families.
After all, this diamond could fetch up to 400 million if auctioned. They are now willing to accept 300 million, but they can sell it privately at the auction price. After all, the connections of the auction house are not to be underestimated
He then informed the protagonist about the banks they could use, such as the National Westminster Bank in London, Citibank in the United States, Visa in the United States, JPMorgan Chase in the United States, and American Express in the United States
It is estimated that those wealthy individuals from the Middle East would not mind spending 400 million US dollars to purchase a diamond for enjoyment
If you call it, will it respond? You say what is yours is yours, but how do you prove that you are you
The tax on auctioned collectibles in the Huaxia continent is calculated as follows: the auction price minus the purchase price or the lowest original value, with 20% of the remaining net income being taxed. If the collectible is an inherited item and cannot be appraised, then only 3% of the total auction price will be charged
What is the second method then?" Looking at Manager Zhang, Jiang Hai hesitated for a moment and asked him.
Secondly, if he sells it, do you think he can outplay someone who engages in underhanded dealings? For someone who can spend hundreds of millions to buy diamonds, it should not be too difficult to eliminate him. Even if he fights back desperately, the net will still be broken.
It seems very few, indeed very few, but there is a question: if there are tens of thousands, hundreds of thousands, or even millions of collectibles, if they are sold, then they are sold. However, for something worth over ten billion RMB, do you claim it is yours just because you say so? Did you buy it? Where is the invoice? Where is the credit card? When did you buy it? Who sold it? What? You say it is an heirloom, which ancestor passed it down? Where is the family tree?
The diamond that Jiang Hai obtained weighs approximately 6 carats and is truly an invaluable treasure
In this case, they would net a profit of 100 million; such a lucrative business is not something that can be easily engaged in.
As for Jiang Hai, he could also sell privately, but the problem arises. Firstly, he lacks the connections; he does not know anyone who can casually throw around 400 million US dollars as pocket money. 400 million US dollars, over 2 billion RMB, could buy 40% of his wife's company shares, and that would have to be at a premium. It is evident that he cannot reach individuals at that level.
Upon hearing Jiang Hai's words, Manager Zhang was taken aback for a moment, then uttered a response before leaving the room. Approximately five minutes later, he returned and agreed to Jiang Hai's offer
Facing the table, Jiang Hai took out his phone to check and couldn't help but click his tongue in amazement; the taxes to be submitted for this item were indeed extraordinarily high
240 million US dollars, which is equivalent to over one billion RMB
This is the dilemma currently facing Jiang Hai; however, to be honest, this dilemma is not much of a challenge for Jiang Hai.
Among these banks, Jiang Hai had only heard of VISA, but Manager Zhang consistently recommended American Express and JPMorgan Chase
However, he is still quite clear; he has always remembered that the reason he brought this gemstone was to sell it, not to have it appraised.
In other novels, there are no charges at all, and even items sold at auction houses do not incur any commission fees. This time, however, they directly allocated a quarter of their profits, is this person trying to take advantage of others?
It is understandable that in this country, when you are auctioning, why should they not collect taxes from you
Moreover, the most important point is that if one wishes to take items abroad, taxes must be paid, which currently stands at 6%. This situation is indeed quite burdensome, as expenses seem to arise everywhere. According to the information provided on the form, since Jiang Hai is a foreigner, he benefits from the additional personal income tax for foreigners when auctioning in other countries, which is not as heavy as that of his home country, but still significant. For instance, the tax rate in the United Kingdom is 24%, in Australia it is 27%, and in the United States it is 22%. The lightest rate is likely in Hong Kong, China, at 18%. Therefore, in other countries, the additional personal income tax for foreigners is not as burdensome as that of their home country, but it is still considerable, with the United Kingdom charging 24%, Australia 27%, and the United States 22%, while the lightest is in Hong Kong, China, at 18%.
The second method is to first acquire this gemstone, which has a minimum auction estimate of 240 million. We will increase the price by 30% to acquire it, so you won't have to pay any fees, and the money can be directly transferred to your card. Hearing Jiang Hai's words, Manager Zhang also smiled. In fact, the reason he said this was to guide Jiang Hai towards this subsequent path.
"Cough, Mr. Jiang, your gemstones have been appraised. May I ask, are you planning to sell these gemstones or keep them for your collection?" Manager Zhang asked with a serious expression as he looked at Jiang Hai
Therefore, this thing of yours is something that has been dug out of the earth, and what has been dug out belongs to the nation
The grading of diamonds is divided into the Four Cs, which refers to the abbreviation of four English words that begin with the letter C
Observing Jiang Hai's demeanor, he hesitated for a moment, yet still took a seat in front of Jiang Hai and cleared his throat lightly
Although Jiang Hai did not have much understanding of the consortium, as a poor person, he inherently felt some aversion to the term "consortium." After hesitating for a moment, he ultimately decided to use the services of Yuntong Company, where Manager Zhang had already made the arrangements.
Although it pales in comparison to the tens of billions of his ex-wife's family, one must not forget that her family is a small commercial empire, while all he possesses is merely a diamond
However, to directly take out one quarter to give to those guys abroad, to be honest, Jiang Hai is somewhat reluctant. Moreover, the main issue is that the auction can only take place after the promotion is completed. By the time the money comes in, it is estimated that it will take a year and a half.
After confirming the authenticity of the diamond, Jiang Hai took nearly half an hour to recover, and then he kept staring at the diamond. The manager Zhang of the auction house also rushed over as soon as he learned the news.
It primarily refers to the weight of the diamond (Carat Weight), the clarity of the diamond (Clarity), the color of the diamond (Color), and the cut of the diamond (Cut). Of course, it is referred to as the Four Cs, but in fact, the two most important aspects are weight, known as carats, where 5 carats equal 1 gram, and clarity, also known as transparency.
If you are considering selling, I have two proposals for you. The first is an auction. According to our appraiser, the minimum transaction price for your pink diamond would not be less than 240 million, while the maximum transaction price would be around 400 million. However, we will need some time for promotion and marketing. Ultimately, we will auction it in the United States or Europe. At that time, you will need to pay our firm a commission of 5% and the corresponding auction tax of the respective country, which is generally around 20% Hearing this, Manager Zhang's words left Jiang Hai with the first impression that this guy must be trying to fool him!
Do not mention more than 300 million; even if it is sold for 240 million, he would still proceed with it. What else is there to discuss? He would directly make the purchase on the spot
After signing approximately five contracts, this pink diamond will belong to Phillips Auction House, and Jiang Hai will have received 330 million US dollars; however, there are some complications regarding the transfer of funds
Because if it were to be converted to RMB, one US dollar can be exchanged for 6.3418 RMB, and three hundred thirty million is equivalent to two billion ninety-two million seven hundred forty thousand RMB. Such a large amount of transfer would likely attract the attention of the central authorities
"Cough, this is the auction tax from various countries, you can verify it online." Manager Zhang, having experienced many challenges, could tell from Jiang Hai's expression what he meant, so he took out a form and handed it to him.
An hour later, a black titanium alloy card had appeared in his hand, featuring the portrait of a Roman soldier.