This is a natural jade pendant.
Its jadeite material is a light and clear waxy species.
If there are no cracks in the physical object as shown in the figure
I don't think this price is expensive.
Don't worry about being fooled.
Unless, in fact, it's ugly and cracked.
You're probably fooled.
If you don't understand, please keep asking.
Still hope to get a satisfactory answer. Thank you.