[Expert Analysis] Why are there such huge differences in the buyback price of Cordyceps sinensis? Deconstructing the four core elements of valuation.
Core issue: The difference between the recycling price and the retail price
Many customers are puzzled by the fact that the buyback price is lower than the retail market price. In fact, a reasonable buyback price is not arbitrary, but based on a clear formula: " Buyback price = (Market retail price - Reasonable profit) × Product quality coefficient ".
Retail prices often include high costs such as store rent, advertising and marketing, elaborate packaging, warehousing and logistics, manual sorting losses, and brand premiums. Professional recyclers, on the other hand, offer fair prices based on the wholesale market and provide instant cash transactions, eliminating all intermediaries for you. Therefore, to obtain a reasonable resale price, the key lies in accurately assessing the "quality coefficient" of the goods, which is crucial in determining your ability to liquidate your collectibles.

Four core elements of dismantling and valuation
When professional appraisers assess the recycling value of Cordyceps sinensis, they will make a comprehensive judgment based on the following four aspects: origin, specifications, dryness, and appearance.
I. Place of Origin Determines Lineage: The Value Barriers of Nagqu and Yushu (Expertise & Authoritativeness)
The value of Cordyceps sinensis depends primarily on the "terroir" conditions under which it grows. Cordyceps from different regions exhibit significant differences in the content of its active ingredients and its market acceptance. Higher altitudes and purer environments are generally considered to result in higher quality and more potent Cordyceps.
- The ultimate king: Nagqu, Tibet : Nagqu cordyceps grows in high-altitude, cold regions above 4,500 meters and is widely recognized as the highest quality cordyceps. Its characteristics include plump insect bodies, golden color, short grass heads, and a rich, pure aroma with a hint of milky fragrance. Nagqu cordyceps commands the highest price on the market and enjoys the title "The world's best cordyceps comes from Nagqu."
- A top choice: Yushu, Qinghai : Yushu cordyceps is second only to Nagqu in quality. The production area is at an altitude of over 4,000 meters, and it is also considered a high-end product in the market.
- Considerations for recycling value : Wild cordyceps from low altitudes typically have far lower nutritional value than those from high-altitude regions. Furthermore, the market is flooded with counterfeit products such as *Cordyceps militaris* and *Cordyceps liangshanense*, as well as artificially cultivated cordyceps (e.g., those grown in greenhouses in just 3 months). These substitutes differ significantly from wild cordyceps in their medicinal components, resulting in extremely low or no recycling value.
II. Specifications Matter: Fewer Items, Higher Price (Experience & Expertise)
Specifications are the most direct and crucial factor affecting the price of Cordyceps sinensis. The industry uses "number of pieces" as the specification standard, that is, how many Cordyceps sinensis are in one kilogram (or one pound).
Rarity premium: The larger the individual cordyceps (the fewer the pieces), the rarer it is, and its unit price increases exponentially. For example, when evaluating cordyceps, Jin Haisheng distinguishes between different grades such as "King of Kings" (about 900 pieces or less per catty), "Cordyceps King" (about 1000-1400 pieces per catty) to "Grade 3 Cordyceps" (more than 2500 pieces per catty).
According to the latest market data (Xinhua Yushu Wild Cordyceps Sinensis Price Index, October 5, 2025), the price of extra-large Cordyceps sinensis far exceeds that of small Cordyceps sinensis:
| Specifications (pieces/catties) | Average price (RMB/jin) | Conversion (HKD/catties) (Note 1) |
|---|---|---|
| 800 (Extra Large Grass) | 135,500.00 | Approximately 146,340 |
| 2000 (Little Grass) | 48,500.00 | Approximately 52,380 |
Note 1: The price is estimated based on the exchange rate of 1 CNY ≈ 1.08 HKD on the day of the transaction. Please refer to the real-time quote for the actual price.
This shows that differences in specifications directly result in a difference of several times in recycling value.

III. Dryness is a key indicator: Refuse to pay the price for moisture (Trust & Expertise)
During the recycling process, "dryness" is a crucial aspect of professional assessment. Fully dried cordyceps should have a moisture content of around 5%-7%. If the cordyceps is not dry enough (commonly known as "wet cordyceps"), not only is its weight artificially inflated, but it is also extremely prone to mold and spoilage during storage, rendering it worthless.
When conducting professional valuations, Jin Haisheng precisely tests the dryness of cordyceps. For cordyceps that are not fully dried, we deduct the weight of the moisture content according to the "fully dried" standard. This ensures a fair and reasonable transaction, preventing customers from paying for excess moisture. Fully dried cordyceps should be firm and brittle, easily broken with a gentle snap, with a yellowish-white cross-section and clear "V" or "W" shaped patterns.
IV. Condition and Completeness: Determining Residual Value and Authenticity (Experience & Trust)
Condition is the last line of defense in determining the buyback price; it includes integrity, cleanliness, and storage condition.
- Integrity vs. Broken Cordyceps : Intact cordyceps are the most valuable, especially in the gift market. Broken cordyceps, while still possessing medicinal value, will have a lower buyback price, typically lower than intact cordyceps of the same size. Furthermore, be wary of merchants inserting bamboo skewers or other foreign objects to increase weight; these indicate inferior quality.
- Cleanliness and Authenticity : The surface of the insect body must be cleaned, with minimal mud and sand adhering to it. More importantly, professional appraisers will check for authenticity. For example, Nagqu cordyceps has a unique fungal aroma and a slightly fishy smell, not an earthy or chemical smell. Cordyceps that are moldy, severely rotten, or hollowed out by insects may lose their medicinal value or produce harmful toxins and therefore have no recycling value.
- Shelf life is a major drawback : all Chinese medicinal materials have a limited shelf life. If Cordyceps sinensis is not stored properly, such as being exposed to a humid environment or direct sunlight, it is very easy to mold and deteriorate, which will seriously affect its residual value for recycling.

Professional appraisal ensures a fair buyback price.
The vast differences in the resale value of Cordyceps sinensis stem from the numerous variations in its four main factors: origin, size, dryness, and condition. Only organizations with deep professional knowledge and extensive resale experience can provide the most accurate and fair valuation for your treasured collection amidst market fluctuations.
Jin Haisheng Professional Recycling ensures your value is not underestimated.
The cordyceps you possess may be priceless due to its authentic origin and rare size, or it may face the risk of depreciation due to storage issues. Regardless of the situation, Jin Haisheng can provide professional identification and evaluation for your treasured collection.
We promise:
- Senior experts : Providing free, professional, and accurate Cordyceps identification services.
- High Price Guarantee : We closely follow real-time market conditions and offer the most competitive buyback prices.
- Safe and convenient : Secure and confidential transactions throughout the entire process, with instant cash or Faster Transfers (FPS) settlement.
Don't let your precious cordyceps lose its value sitting in your cabinet! Contact Jin Haisheng now for your personalized quote!
Kim Hae-sung's contact information: WhatsApp: (852)69035182