How much does agarwood cost per gram? The latest 2019 market prices
Agarwood is hailed as the diamond among plants, and the price of the finest agarwood is several times higher than gold. So how much does agarwood cost per gram in 2019? Let's take a look below.
1. The price of agarwood
The price of agarwood is determined by the quality of the agarwood itself. On the market there is agarwood worth millions, and there is also agarwood of relatively low value. The prices of agarwood of different qualities can differ enormously, and the difference in quality is mainly reflected in aspects such as whether it sinks in water and how good its fragrance and appearance are, and must be determined according to the actual situation.
If we break it down in detail, agarwood bead bracelets can be graded as: entry level, elementary, lower-intermediate, intermediate, upper-intermediate, advanced, and collector's grade. The higher the grade, the more expensive the price.
Entry-level agarwood bracelets start at least from 1000 yuan, with prices ranging from 1000-3000 yuan. Ordinary agarwood bracelets cost roughly 3000-8000 yuan, while better agarwood bracelets generally cost over ten thousand yuan. As for the finest sink-in-water grade bracelets, prices range from tens of thousands to over a hundred thousand yuan, and the price of Qinan is even higher, with Qinan worth millions also existing.
2. The main factors affecting the price of agarwood
1. Type: Type is an important factor affecting the price of agarwood. Agarwood, agarwood, as the name implies, “sinking” largely determines the price of agarwood. Sinking and non-sinking agarwood are key factors affecting the price of agarwood. Except for the special case of Qinan, sinking agarwood is certainly priced higher than non-sinking agarwood. At the same time, it should be noted that the premise for judging whether agarwood sinks is that the agarwood must be dry.
2. Fragrance: When judging the value of agarwood, we look not only at its “sinking” but also at its “fragrance”. Fragrance is one of the important standards affecting price. The Qinan mentioned above, because of its unique scent, surpasses some sinking agarwood in price even though it does not sink.
3. Weight: Gram weight is an important standard for measuring the grade of agarwood. For agarwood of the same quality, the higher or lower the gram weight, the higher or lower the price.
4. Brand: Brand building is very important, as it affects how others view its products. Fragrance enthusiasts' judgment of the value of agarwood also depends largely on the brand effect of the product. For example, agarwood produced in some well-known regions (such as Vietnam and Cambodia), regardless of its grade, will be priced considerably higher than agarwood of the same grade from other regions.
5. Added value: If some agarwood carvings come from the hands of famous masters, the price will certainly be much higher than those by some unknown carvers. Of course, the price of some agarwood that has been passed down for a longer time will also be relatively higher. This is the added value of culture, and it is what can least be ignored.
The waters of agarwood are quite deep, and there are many fakes on the market, so buying agarwood requires caution to avoid being cheated.