Selling silver directly can be very disadvantageous.
So, Jason Liu asked again, "What about the golden dragon? How much gold is in a golden dragon?"
"A golden dragon contains about 30 grams of gold," Odover replied casually, showing no sign of concern.
However, this statement held a different meaning for Jason Liu.
Thirty grams of gold, based on current values, is approximately 300 yuan per gram, making a golden dragon worth about 9,000 yuan.
One golden dragon can be exchanged for 100 silver deer, which creates a price difference of 1,000 yuan based on modern prices.
Clearly, buying gold was the smarter choice.
After calculating the numbers in his head, Jason Liu confidently decided to purchase Odover's gold jewelry using silver deer.
He spent 120 silver deer to buy all the gold jewelry from the merchants in the West. The gold jewelry was estimated to weigh around 33 grams, which he expected could sell for about 9,900 yuan if he could bring it back to modern times.
Feeling like he had made a substantial profit, Jason Liu was very pleased with himself.
After exchanging greetings with the merchants, he quickly left the winter market town and found a secluded spot. He then transported himself back to his rental house.
"Whew—"
He collapsed onto the bed and let out a long sigh. Jason Liu hurriedly took out the gold jewelry and 40 silver deer. Looking at the gold and silver coins spread across the bed, he couldn't help but laugh, "Hahaha, this is such a great profit! It's incredible!"
He was so excited that he forgot to eat lunch. Instead, he pulled out his phone and started searching for the address of a gold shop in his City.
He wanted to sell the gold and convert it into cash.
Because of strict gold controls, trading gold privately is illegal.
However, there are always exceptions. As long as there's profit to be made, rules are often ignored.
Jason Liu looked for a gold shop that wasn't well-known because only those places would be willing to accept private gold.
Of course, larger gold stores might also accept it, but they typically don't cater to smaller clients like him. If it's not worth their while, they prefer not to get involved due to the potential hassle.
Therefore, he needed to find a small, discreet gold shop.
After dinner, Jason Liu pocketed the gold rings and a gold necklace that he bought in winterfell market before riding a small electric bike to the shop he had located.
Hengli Gold Store had only two storefronts.
When he walked into the store, Jason Liu felt a bit anxious since it was his first time doing something like this.
"Hello, sir! Are you looking to buy gold jewelry?" A salesperson behind the counter approached him with a smile.
Jason Liu glanced at the young lady, who looked average yet friendly. He simply nodded and asked calmly, "Is your boss here? I need to discuss something with him."
The salesperson looked at Jason Liu with curiosity. Perhaps because he seemed somewhat well-off and good-looking, she hesitated for a moment before going to find the boss.
Soon, a stout man in a suit and tie, likely in his 40s, approached with a friendly smile. "Hello, I'm Wang Hengli, the owner of Hengli Gold Store. What can I do for you, young man?"
Jason Liu didn't respond immediately; instead, he looked at the salesperson next to Boss Wang.
Noticing Jason Liu's gaze, Boss Wang nodded at the salesperson, signaling her to step away. He then focused his attention back on Jason Liu.
Clearing his throat, still feeling somewhat nervous, Jason Liu quietly asked, "Boss Wang, do you accept gold here?"
Boss Wang nodded but didn't answer directly. Instead, he smiled and said, "Come on, let's discuss this privately."
With that, Boss Wang led Jason Liu into a small office at the back of the store.
"What's your name?" Boss Wang asked as he gestured for Jason Liu to take a seat on the sofa. He poured a glass of water from the dispenser and handed it to him.
"My name is Jason Liu... Thank you," Jason Liu replied as he took the glass of water.
After sitting down across from him, Boss Wang inquired about the gold, "How much gold do you have, Brother Liu?"
Jason Liu set the glass down without taking a sip. He reached into his pocket and pulled out the gold jewelry. "This is what I have. How much do you pay for a gram of gold here?"
Boss Wang looked at the few gold rings and the necklace in Jason Liu's hands, and while he felt a bit disappointed, he kept a friendly demeanor. "The price of gold has been rising recently, but we can't sell it at that rate... We'll pay you 310 yuan per gram. If that sounds good, we can make a deal. If not, feel free to look elsewhere."
310 yuan per gram was an acceptable price.
Despite the international gold prices recently reaching around 380 per gram, local shops often buy at lower rates.
So, Jason Liu agreed to sell the gold.
Boss Wang inspected the old-fashioned rings and necklace, noting they didn't appear to be modern fine jewelry.
However, he was merely surprised and didn't delve too deeply into it. He measured the gold content using a scale.
The total weight came to 33.26 grams. At 310 yuan per gram, Jason Liu was offered 10,310.6 yuan.
After deducting a small fee, Boss Wang transferred 10,310 yuan directly to Jason Liu.
Jason Liu felt a surge of joy as he received the bank transfer notification.
"Brother Liu, if you have any more gold in the future, make sure to come back to my shop!" Boss Wang encouraged. In truth, he didn't expect this young man to return with much more gold.
"Of course, I will," Jason Liu replied enthusiastically.
After leaving the Gold Store, he treated himself to a big meal to celebrate.
Once he finished eating, Jason Liu leisurely rode his electric bike back to his rental house and began calculating his earnings from this trip north.
First, he had sold 50 gel pens, 200 refills, and 100 sheets of A4 paper for a total of 65 yuan.
In total, he made money from 33 grams of gold and 40 silver deer.
The gold he sold earned him 10,310 yuan, and excluding the remaining 40 silver deer, just the gold brought in profits that were 158 times his initial investment—equivalent to a staggering profit margin of 157 times!
Such a massive profit made Jason Liu's eyes light up with excitement, and he eagerly anticipated the next day's gains.
After checking his stock at the rental house, he found he still had 950 gel pens, 9,800 refills, 9,900 sheets of A4 paper, 900 bars of soap, and 100 bars of soap.
This was plenty to sell.
He packed 200 gel pens, 800 refills, and 900 sheets of A4 paper that he planned to trade in Westeros the next day into a backpack.
Jason Liu took a refreshing shower, then collapsed onto his bed and fell asleep.
It had been an exhilarating day. After unwinding, he was so tired that he quickly drifted off to sleep.
That night, he slept soundly until 5 PM. Jason Liu washed his face and prepared to go out for a walk.
First, he decided to get a haircut. Mr. Tony was skilled at his craft, and the new hairstyle added a touch of handsomeness to him, making the 300 yuan he paid worth it.
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