Things are valuable because they are rare
Firstly, the origin: cordyceps grow on plateaus at altitudes of 3,000 to 5,000 meters, and as early as the Tang Dynasty, they were used by Tibetans and Qiang people for treating diseases and enhancing health.

Currently, the main production areas for cordyceps are only Qinghai, Yunnan, Sichuan, and India. With climate warming, the altitude requirement for cordyceps continues to rise, leading to increasing rarity.
The Qinghai-Tibet Plateau is vast, and not all areas produce cordyceps. Cordyceps only grow in certain areas where the mountain tops are snow-covered year-round, the altitude ranges from 4,000 to 6,000 meters, and the snow mountain slopes have shrublands or meadows (cordyceps grow at altitudes around 3,500-5,000 meters). These places have harsh conditions, with most of the year below freezing and severely lacking oxygen, making them unsuitable for long-term human habitation, and human presence is rare.
Each April and May, when the slopes begin to thaw, Tibetan harvesters travel by horse, yak, tractor, truck or motorbike to camp at the foot of the snowy mountains. They spend two months coping with altitude, cold and sudden wind, snow or hail, even while lowland temperatures reach 20–30°C. Living conditions are difficult.
Harvesting is arduous. Most sites are above 3,800 metres, where oxygen is scarce and ultraviolet exposure is intense enough to require full head and face covering. Searchers crouch or lie in wet grass for weeks, risking longer-term health problems. The work is solitary, exacting and hard on the eyes: a person may find only 1–2 pieces—or none—on a poor day, 20–30 on a good one, and about 10 on average.

The second reason is the slow growth cycle of cordyceps itself.
In the first year, ghost moths lay eggs in the soil. The larvae hatch and grow slowly. By winter, the cordyceps fungus infects a larva and consumes its nutrients, killing it after it burrows 2–3 centimetres underground. Around the following summer, the stroma begins to emerge. This slow life cycle, combined with shrinking habitat, helps explain the high price.
Cordyceps Market and Key Points for Appraisal
(Images and text sourced from the Internet)
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How does the quality of cordyceps affect the price?
For older stored cordyceps, send photos of the outer box, weight label and close-ups of the caterpillar bodies so we can assess whether it retains buyback value.
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