Chapter 65 Trading
The foreign company has a wide range of business operations.
And jewelry is a very common business.
Zach offers three proven collaboration options.
The first one is direct acquisition.
It means selling it directly to foreign companies. The advantage is that it can be converted into cash immediately, but the disadvantage is that the price will not be too high.
The second type is entrusting an agent.
Entrusting a foreign bank to act as an intermediary, find capable buyers to facilitate the transaction, and extract commissions from it will take some time, but the value will be higher.
The third method is entrusted bidding.
Williams & Co. was able to send rough diamonds to large auction houses and attract buyers to bid through public publicity, hype and various marketing methods.
This type of flower takes the longest time.
Because advertising takes time, and this kind of ultra-high-level auction is not common, it is usually held once every several months, but it can attract many buyers to compete, and the amount of money that can be realized in the end will be the highest.
……
Yu Xiao wanted to cash in immediately.
He will need a large sum of money next.
However, the two rough diamonds provided by Yu Xiao were of too high quality and too great a value, and Williams & Co. was unable to acquire them all at the same time.
finally.
A trade-off.
Yu Xiao decided to sell the slightly smaller rough diamonds directly to the foreign company in exchange for cash for turnover.
As for the larger one, we entrusted Williams & Co. to help market it and send it to auction.
Zach was ecstatic!
Because this is exactly what he expected!
Williams & Co. does not represent the entire Williams family, it is only the family's head office in Dajing Country. Zack has limited funds at his disposal, and it is too difficult for him to directly take over the two raw diamonds.
But you can only eat one.
There will definitely be no problem with that.
The other one is fully represented by Williams & Co. and can be sold at an extremely high price. Just by charging commissions and commissions, a huge profit can be made!
After some research and calculations, Zack
"Dear Mr. Yu, we are sincere and willing to purchase this rough diamond for $20."
$20?
Doesn't sound like much.
It’s actually a huge sum of money!
This era corresponds to the late 19th century and early 20th century in the previous life.
The current global monetary system.
Almost all of them are anchored to gold.
It is by no means a credit currency that can be printed at will.
The essence of gold standard currency is gold exchange certificates.
With gold as a reference, the value of currency is easy to convert. Currently, the price of gold is about US$15 per ounce, which means that every US$1 can be exchanged for about 2 grams of gold.
20 million US dollars.
Equivalent to 400 kilograms of gold.
It is approximately equal to 80 Dajing silver dollars.
It’s more than all the money Yu Xiao spent in the past year.
When faced with an amazing offer.
Yu Xiao was very calm.
"Mr. Williams, from what I understand, last year in New York, the country of the Star Flag, an diamond was sold at auction for $."
“Although this diamond is a rough stone, after cutting and processing, it can reach at least 20 carats, and the quality can only be higher, not lower.”
"$20 is not enough to show our sincerity!"
Hear this.
Zach immediately began to sweat.
This rich young man from Dajing is indeed not a simple person!
"Mr. Yu, the transaction price of diamonds is greatly affected by the trading location, trading platform, and cutting process. Although the quality of this rough stone is extremely high, it is a rough stone after all, not a finished product, and cannot be compared with the auction items in New York."
Zach paused at this point.
He said, "I'll add another $2!"
Yu Xiao: "One price, 30, not a penny less!"
Zach's face changed.
The foreign bank can afford this price.
It just exceeded his bottom line.
Yu Xiao continued, "For the other diamond, I can anonymously authorize Williams & Co. to act as the agent."
Zach couldn't help but be tempted. Although the purchase price of $30 was beyond his expectations, it would be profitable as long as the product was processed and marketed well, and the risk should not be that great.
Even if you don't make much money in the end, isn't it also bundled with a bigger and more exquisite diamond?
This rough diamond will surely fetch a sky-high price at auction if marketed properly.
Even if Williams & Co. takes a 10% commission, it can still make a profit of tens of thousands of dollars!
Yu Xiaoyuan anonymously gave full authorization to give all opportunities to be in the limelight to Williams & Co., which was enough to increase the reputation of the company and even the Williams family!
After all, being able to get such top-quality diamonds is a manifestation of strength!
The Williams family takes reputation very seriously.
Even above money.
He hesitated for only ten seconds.
"make a deal!"
Yu Xiao was satisfied with Zack's performance. He was a man of considerable courage and intelligence. If he was too greedy and short-sighted, or tried to play tricks, then he would have to consider finding a foreigner as the target of support.
30 million US dollars.
It is approximately equivalent to 120 million Dajing silver dollars.
There is no need to worry about the future turmoil and currency depreciation in Dajing.
As for the other diamond? Yu Xiaohui signed a commission agreement with Williams & Co., allowing Williams & Co. to be the sole agent for marketing, and he chose to give up the limelight this time.
after all.
There were also several large sacks of various jewels and treasures.
Being low-key will also make it easier to ship in batches later.
Yu Xiao then opened two overseas bank accounts and deposited $5 into each account, leaving him with $20, of which $10 was exchanged for gold and the other $10 for Dajing silver dollars.
Not bad!
I can spend some time lavishly again!
All payments were settled the next day.
Zack did nothing wrong in the process and even invited Yu Xiao to the celebratory dinner.
Yu Xiao did not refuse. He needed to establish a good relationship with Zack and also needed connections in the concession. This would make it much easier to get things done in the future. So he took Yu Ruqian and several followers to the banquet that night.
Zach arranged the banquet at a restaurant called Champs Elysees.
It is the best and most upscale French restaurant in the concession.
Not only does it have an elegant dining environment and the most luxurious French cuisine, but there are also piano and singing and dancing performances, which fully display the style of the concession and the extravagant life of foreigners.
At the banquet.
Zack enthusiastically introduced the core management of the company.
Plus several family members, including his children.
"This is my precious daughter Alice!" Zach pointed at a white girl of about 16 or 17 years old and said, "She is very interested in Dajing's martial arts and has heard of Mr. Yu's deeds!"
Alice Williams is a classic white beauty.
She has deep blue eyes, fair skin, a graceful figure, and waist-length wavy golden hair, like a real-life Barbie doll.
She asked in not-so-standard Chinese: "Mr. Yu, I saw a report about you in the Yangcheng Newspaper. When you were in the countryside, you killed 200 bandits by yourself. Is this true?"
"almost!"
“This is simply a great legend!”
Alice's eyes lit up with admiration.
She said, "Then you must be a great martial arts master!"
not difficult to see.
Yu Xiao's background, origin, and strength had already been thoroughly investigated.
The reason why Zack was so polite was that he realized that his background and strength were extraordinary, and that he definitely had more than two diamonds in his hands, so there would definitely be opportunities for cooperation in the future.
My daughter's face was full of curiosity.
Looks like there are a lot of questions.
But it is not appropriate to ask these questions in public.
Zach interrupted and asked, "Has Mr. Yu been buying rare and ancient medicinal herbs?"
"Exactly!"
"Coincidentally, I know a private collector who has an ancient medicine that is more than 2,000 years old. It will probably be auctioned next."
Two thousand years?!
Yu Xiao's eyes lit up when he heard that.
Even though the spiritual energy in the Dajing world is thin, with such an exaggerated age of two thousand years, it must be a top-grade spiritual medicine that is hard to come by.
Used to break through the third floor.
It should be more than enough!
It was obviously no coincidence that Zack learned this information. He most likely looked up Yu Xiao's information specifically, and then took the initiative to inquire about this information through his connections and relationships, so the credibility should be very high.
This information.
Very valuable!
This banquet was not in vain!
(End of this chapter)
